Small Satellite Market Is Expected To Witness Substantial Rise In Demand And Growth In The Forecast Period 2022-2031 | Sierra Nevada Corporation, Lockheed Martin Corporation, Airbus

The global small satellite market report is expected to grow from $3.59 billion in 2021 to $4.2 billion in 2022 at a compound annual growth rate (CAGR) of 17.0%. The global small satellite market report is expected to grow to $8.35 billion in 2026 at a CAGR of 18.8%.

The Business Research Company offers the Small Satellite Global Market Report 2022 in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market's historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

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The small satellite market consists of the sale of small satellites by entities (organizations, partnerships, and sole proprietors) that refer to satellites that weigh less than 1,000 kg (2,204 pounds). Miniaturization of electrical hardware and the conversion of numerous hardware logics into software logics allow for mass and size reductions. Small satellites are created by small, highly engaged teams who work on them from conception to launch and operation. Small satellites' weight is reduced even further by using lighter materials in mechanical systems and designing subsystems without redundancy.

Some key small satellite market players are Sierra Nevada Corporation, Lockheed Martin Corporation, Airbus, L3 Harris Technologies, The Aerospace Corporation, Planet Labs, GomSpace, Boeing, Space Exploration Technologies, Blue Canyon Technologies, Honeywell International Inc., ST Engineering, Orbital ATK, Inc., Ball Corporation, Israel Aerospace Industries Ltd., QinetiQ, ISIS-Innovative Solutions In Space B.V., Surrey Satellite Technology Ltd., and Spire Global.

The countries covered in the global small satellite market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global small satellite market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Small Satellite Market Segmentation:

By Type
1. Minisatellite
2. Microsatellite
3. Nanosatellite
4. Pico-Satellites
5. Femtosatellites

By Orbit
1. Low Earth Orbit (LEO)
2. Middle Earth Orbit (MEO)
3. Geostationary Earth Orbit (GEO)

By Component
1. Structures
2. Payload
3. Electric Power System
4. Solar Panel and Antenna Systems
5. Propulsion Systems

By Application
1. Earth Observation and Remote Sensing
2. Satellite Communication
3. Science and Exploration
4. Mapping and Navigation
5. Space Observation

By End-User
1. Commercial
2. Academic
3. Government And Military

See more on the report at https://www.thebusinessresearchcompany.com/report/small-satellite-global-market-report

The Report's Table Of Contents includes
1. Executive Summary
2. Small Satellite Market Characteristics
3. Small Satellite Market Trends And Strategies
4. Impact Of COVID-19 On Small Satellite
5. Small Satellite Market Size And Growth
……
26. Africa Small Satellite Market
27. Small Satellite Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Small Satellite Market
29. Small Satellite Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the small satellite market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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