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Nanosatellite and Microsatellite Market Detailed Analysis 2020-2025: GomSpace, Lockheed Martin, L3Harris, Sierra Nevada Corporation, AAC Clyde Space, Planet Labs, Tyvak, NanoAvionics and Others.

07-17-2020 09:45 AM CET | IT, New Media & Software

Press release from: ReportsandReports

Nanosatellite and Microsatellite Market Detailed Analysis

According to Market Study Report, Nanosatellite and Microsatellite Market provides a comprehensive analysis of the Nanosatellite and Microsatellite Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape and emerging opportunities of global industry. This report also provides market landscape and market share information in the Nanosatellite and Microsatellite Market. An exclusive data offered in this report is collected by research and industry experts team.

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The Global Nanosatellite and Microsatellite Market size is expected to grow from USD 1.8 Billion in 2020 to USD 4.8 Billion by 2025, at a Compound Annual Growth Rate (CAGR) of 21.3% during the forecast period.

Top Companies Profiled in the Nanosatellite and Microsatellite Market:
• GomSpace (Denmark)
• Lockheed Martin (US)
• L3Harris (US)
• Sierra Nevada Corporation (US)
• AAC Clyde Space (Scotland)
• Planet Labs (US)
• Tyvak (US)
• NanoAvionics (US)
• Innovative Solutions In Space (Netherlands)
• SpaceQuest (US)
• Raytheon (US)
• RUAG (Switzerland)
• Surrey Satellite Technology Limited (England)
• Dauria Aerospace (Russia)
• Axelspace Corporation (Japan)
• Sky and Space Global (UK)
• Kepler (Canada)
• GAUSS' (Italy)
• SpaceWorks Enterprises (US)
• Berlin Space Technologies(Germany)
• Spire Global (US)
• Pumpkin Inc.(US) Northrop Grumman Corporation (US)
• Dynetics (US)
• Satellogic (Argentina)

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“Hardware segment to lead the nanosatellite and microsatellite market in 2020”
Hardware is the core of nanosatellites and microsatellites, which are readily available with vendors for easy integration and plug-and-play processes. Hardware contributes to the complete mass of the satellites, and based on the weight of hardware, small satellites are categorized as nanosatellites or microsatellites. The hardware segment includes subsystems, such as payloads, structures, telecommunications, on-board computers, power systems, attitude control systems, and propulsion systems.

“Earth observation and remote sensing segment to lead the nanosatellite and microsatellite market in 2020”
Nanosatellites and microsatellites have brought novel opportunities for earth observation and remote sensing using inexpensive small satellites to capture images of the earth and gather specific data. Nanosatellites and microsatellites are expected to play a major role in remote sensing missions due to their enhanced computational and communication capabilities, along with competencies in making decisions about the time and data to be shared.

Breakdown of primary participants’ profile:
• By Company Type: Tier 1: 35%, Tier 2: 45%, and Tier 3: 20%
• By Designation: C level Executives: 35%,Directors: 25%, and Others: 40%
• By Region: North America: 45%, Europe: 20%, Asia Pacific (APAC): 30%, and Rest of the World: 5%

Competitive Landscape of Nanosatellite and Microsatellite Market:
1 Overview
2 Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Dynamic Differentiators
2.3 Innovators
2.4 Emerging Companies
3 Ranking Of Key Players
4 Competitive Scenario
4.1 New Product Launches
4.2 Partnerships

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Reason to access this report:
The report would provide market leaders/new entrants in the nanosatellite and microsatellite market, with information on the closest approximations of the revenue numbers for the overall nanosatellite and microsatellite market and sub segments. The report would help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.

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