openPR Logo
Press release

Nanosatellite and Microsatellite Market by 2030 Product Development Strategies by Prominent Players: Astro Digital Inc., Clyde Space Ltd, ELSE SA, GomSpace, Helios Wire, Kepler Communication, Planet Labs

02-10-2021 04:36 PM CET | Media & Telecommunications

Press release from: Allied Market Research

Nanosatellite and Microsatellite Market by 2030 Product

Nanosatellite and Microsatellite Market Statistics 2021-2027: Nanosatellites and microsatellites are miniature in size and are majorly used for applications such as space research, earth observation, and communication purposes. These are widely used by the military & defense sector and for commercial purposes such as monitoring. In addition, these satellites are basically used as research requirements for scientific objectives at a huge scale. Nanosatellites usually range in size and weigh from 1 to 10 kg and microsatellites range in size and weigh between 10 to 100 kgs. Furthermore, their cost-efficient benefits and smaller size re expected boost the global nanosatellite and microsatellite market. In the coming years, these small satellites are expected to witness positive impact from global communication systems among the telecommunication sector, which enables enhanced transmission capacity.

Download Report (359 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/7856

COVID-19 Scenario Analysis:
• All space events are delayed or canceled, owing to the coronavirus pandemic.
• The European parliament members are asking for government support for the Europe’s space industry because of the COVID-19 pandemic.
• Owing to the coronavirus pandemic, NASA is preparing to gradually reopen facilities closed for weeks.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, and Impact Analysis

Rise in demand for small satellites in earth observation application and surge in demand for satellite-based research activities are major factors expected to drive growth of the global market during the forecast period. Moreover, rise in investments for space technologies among various regions is also a factor expected to boost growth of the nanosatellite and microsatellite market. Moreover, rise in R&D and development of small satellites, especially in developing regions is yet another factor expected to propel growth of the market during the forecast period. However, high costs associated with research and postponements in space activities are challenges that are anticipated to hamper the market growth to certain extent. Contrarily, growth in demand for satellite imagery from non-government players can be opportunistic for the nanosatellite and microsatellite market growth.

Interested to Procure The Data? Inquire here at https://www.alliedmarketresearch.com/purchase-enquiry/7856

Surge in demand for satellite-based research activities

Some of the leading space programs across the globe anticipate in various global investments, especially with the U.S., which is accounted for approximately 74%. For instance, in 2017, the Euroconsult released a report on prospects for space exploration, which conveys that across the globe various government entities are investing in space exploration with value over $14.6 billion, which is a 6% surge than 2016. Thus, rise in global expenditures from the past five years is further expected to aid nanosatellite programs in many countries, which would invest in area exploration. Though, there are constrained budgetary situations in developing regions, in the past 10 years, 19 planetary exploration missions had been launched by countries such as the U.S., European Space Agency, Russia, China, Japan, and India.

Schedule a FREE Consultation Call with Our Analysts/Industry Experts to Find Solution for Your Business at https://www.alliedmarketresearch.com/connect-to-analyst/7856

Challenge to reduce space research costs and delays in space activities

Spacecraft manufacturing is currently a labor-intensive, one-off artisanal mission. Major objective of most space organizations is to reduce costs and delays related to space-based research or services. Many space organizations have focused in self manufacturing which has further helped to decrease costs and enabled commercialization. Technology or engineering break-through oriented toward mass production of space subsystems and based on distributed systems and services have high cost. That decreases spacecraft lifecycle costs and lead time, without reducing overall performance. Moreover, new design and production paradigms, pre-fabrication, and modularity are expected to reduce manufacturing costs but might still lack in quality.

Request for Customization of this report at https://www.alliedmarketresearch.com/request-for-customization/7856

Key benefits of the report:
• This study presents the analytical depiction of the global nanosatellite and microsatellite industry along with the current trends and future estimations to determine the imminent investment pockets.
• The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global nanosatellite and microsatellite market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global market growth scenario.
• Porter’s five forces analysis illustrates the potency of buyers & suppliers in the nanosatellite and microsatellite market.
• The report provides a detailed nanosatellite and microsatellite market analysis based on the present and future competitive intensity of the market

Browse Complete Report at https://www.alliedmarketresearch.com/nanosatellite-and-microsatellite-market-A07491

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com

About Allied Market Research

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Nanosatellite and Microsatellite Market by 2030 Product Development Strategies by Prominent Players: Astro Digital Inc., Clyde Space Ltd, ELSE SA, GomSpace, Helios Wire, Kepler Communication, Planet Labs here

News-ID: 2240154 • Views: 417

More Releases from Allied Market Research

Smart Beacon Market Expected to Reach $103.94 Billion By 2030 at 37.7% CAGR | Gr …
Rise in modern-day communication technologies, surge in investments in proximity marketing, and increase in adoption of smart devices are the factors that drive the global smart beacon market growth. As per the report published by Allied Market Research, the global smart beacon market generated $3.28 billion in 2020, and is estimated to reach $103.94 billion by 2030, witnessing a CAGR of 37.7% from 2021 to 2030. The report provides a
Fantasy Sports Market in Asia-Pacific & Canada is Expected to Reach $3,739.8 Mil …
According to a new report published by Allied Market Research, titled, “Asia-Pacific & Canada Fantasy Sports Market by Sports Type, Platform, and Demographic: Regional Opportunity Analysis and Industry Forecast, 2021–2027,” Asia-Pacific & Canada fantasy sports market size was valued at $2,021.9 million in 2019, and is projected to reach $3,739.8 million by 2027, growing at a CAGR of 10.7% from 2021 to 2027. Fantasy sport is played using internet where participants
Hammock Market Size Is Projected Reach $639.8 Million By 2030, Registering At A …
Surge in hiking and adventure tourism, rise in demand from residential segment, and expansion of hospitality industry drive the growth of the global hammock market. North America contributed to the highest share in terms of revenue in 2020. The outbreak of the COVID-19 pandemic has resulted in transition of consumers toward online sales channels to purchase campaigning gear products including hammocks. According to the report published by Allied Market Research, the
Cotton Personal-Care Product Market 2021: Top Factors That Are Leading The Deman …
A lead analyst at AMR highlighted the market across Europe region is expected to dominate in terms of revenues throughout the forecast period. Allied Market Research published a research report on the Cotton personal-care product market. The findings of the report states that the global market for Cotton personal-care product is expected to reach $19.15 billion by 2028, manifesting a CAGR of 4.6% from 2020 to 2028. The report provides valuable

All 5 Releases


More Releases for Nanosatellite

Global Nanosatellite and Microsatellite Market Advantages, Limitations, Applicat …
Qyresearchreports include new market research report "Global Nanosatellite and Microsatellite Market Research Report 2018" to its huge collection of research reports. This report on global Nanosatellite and Microsatellite market is a quantitative and qualitative publication that takes account of the historical data, presents the current scenario, and figuratively predicts the future. The forecast period of the report is 2018 to 2025. Curated via extensive primary and secondary research, and is aimed
Nanosatellite and Microsatellite : Cost Effectiveness and Feasibility of Nanosat …
The players within the global nanosatellite and microsatellite market are developing a number of solutions for their customers so as to gain a competitive edge among other peers, states Transparency Market Research (TMR) in its new study. The services they are offering include data processing, launch service, and manufacturing services. The leading companies operating in the market are: Lockheed Martin Corporation, Planet Labs, Inc., Skybox Imaging, Inc., Innovative Solutions In
Nanosatellite And Microsatellite Market is Expecting Worldwide Growth by 2027
Nanosatellite and microsatellites are low-cost satellites designed for commercial, communication, military and for space research. There is tremendous growth in the launch of Nano and micro satellites over the past few years. Recent innovations in small-satellite technology has changed the way of communication and research place. The market for Nanosatellite and microsatellite market is expected to grow as private venture capitalists are expected to invest more in space technology startups. With
Nanosatellite and Microsatellite Market : Cost Effectiveness and Feasibility of …
The players within the global nanosatellite and microsatellite market are developing a number of solutions for their customers so as to gain a competitive edge among other peers, states Transparency Market Research (TMR) in its new study. The services they are offering include data processing, launch service, and manufacturing services. The leading companies operating in the market are: Lockheed Martin Corporation, Planet Labs, Inc., Skybox Imaging, Inc., Innovative Solutions In
Global Nanosatellite Industry Development Trends and Analysis 2017
Market Research Report on Nanosatellite Industry providing Global and Chinese Market Landscape and its Growth Prospects over the coming years till 2022 is now available at ReportsWeb.com This report studies Nanosatellite in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2017, and forecast to 2022. View complete report at http://www.reportsweb.com/global-nanosatellite-market-professional-survey-report-2017 This report focuses
Nanosatellite Market Share, Applications, Segmentations & Forecast by 2024
An outlook on nanosatellite market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years. Nanosatellite Market size is anticipated to grow over the future owing to the gradual cost reduction, increasing applications followed by the growing demand for nanosatellites. Given the high cost of developing and manufacturing large satellites, these satellites are the