Small Satellite Market to Expand at 15.0% CAGR Through 2031, Driven by Industry Demand

Market Summary -

The global market for Small Satellite was estimated to be worth US$ 2917 million in 2024 and is forecast to a readjusted size of US$ 7535 million by 2031 with a CAGR of 15.0% during the forecast period 2025-2031.

According to QY Research, a new publication titled "Global Small Satellite Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031" provides an in-depth, data-driven analysis of the global Small Satellite market to support informed decision-making and sustainable growth strategies. Authored by experienced market analysts and subject-matter experts, the report delivers accurate market data, validated insights, and actionable recommendations for industry participants. It evaluates historical performance alongside future forecasts to clearly explain competitive dynamics, key growth drivers, market challenges, and emerging opportunities. With detailed coverage of market dynamics, segmentation, leading companies, and regional trends, this comprehensive report serves as a reliable strategic resource for businesses looking to gain a competitive edge in the global Small Satellite market.

Get Full PDF Sample Copy of the Report: (Including Full TOC, Tables & Charts): https://qyresearch.in/request-sample/machinery-equipment-small-satellite-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Small Satellite cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.

Small satellites are satellites of low mass and size, usually under 500 kg (1,100 lb). While all such satellites can be referred to as "small", different classifications are used to categorize them based on mass. Satellites can be built small to reduce the large economic cost of launch vehicles and the costs associated with construction. Miniature satellites, especially in large numbers, may be more useful than fewer, larger ones for some purposes - for example, gathering of scientific data and radio relay.

Global Small Satellite key players include Lockheed Martin, Northrop Gruman, Raytheon, etc. Global top three manufacturers hold a share about 50%. United States is the largest market, with a share over 70%, followed by Europe and China, both have a share about 25 percent. In terms of product, Nanosatellite is the largest segment, with a share over 50%. And in terms of application, the largest application is National Security, followed by Commerce.

Major Company Included: -

Lockheed Martin
Northrop Gruman
Raytheon (Blue Canyon Technologies)
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
SpaceX
Eutelsat Group

Recent Developments -

The report highlights recent developments undertaken by key participants in the global Small Satellite market, providing up-to-date insights into evolving industry trends. It covers major strategic initiatives by manufacturers, including mergers and acquisitions, joint ventures, collaborations, product innovations, new offerings, and ongoing research and development activities. By tracking these strategic moves, the study offers a clear understanding of how leading companies are strengthening their market positions and driving innovation. This focused analysis helps readers stay informed about critical advancements and emerging opportunities shaping the future of the global Small Satellite market.

Market Drivers, Challenges & Restraints -

This section outlines the various elements influencing the trajectory of the Small Satellite market:

Key Growth Drivers -

- Supportive policy frameworks and regulatory reforms
- Advancement in product innovation and technological breakthroughs
- Growing demand in emerging application areas
- Shift in global supply chain structures

Restraints & Challenges -

- Regulatory uncertainties
- Competitive pricing pressures
- Operational risks
- Market-entry barriers

Market Segmentation and Regional -

By Type

Microsatellite
Nanosatellite

By Application

National Security
Science & Environment
Commerce
Others

The report provides valuable insights into the key segments of the global Small Satellite market, with a strong focus on CAGR, market size, market share, and future growth potential. The market is comprehensively segmented by product type, application, and region, with each segment thoroughly analyzed to identify growth prospects, demand patterns, and emerging trends. This detailed segmental analysis plays a crucial role in uncovering high-growth and high-return opportunities across the market. By offering precise data on product- and application-level demand, the report enables businesses to prioritize profitable segments and develop targeted strategies within the global Small Satellite market.

Regional Analysis -

✔ North America (U.S., Canada, China)
✔ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
✔ Asia-Pacific (Japan, South Korea, China Taiwan, Southeast Asia, India)
✔ Middle East, Africa, Latin America (Brazil, Mexico, Turkey, Israel, GCC Countries)

Reasons to Procure this Report: -

►The research would help top administration/policymakers/professionals/product advancements/sales managers and stakeholders in this market in the following ways.

►The report provides Small Satellite market revenues at the worldwide, regional, and country-level with a complete analysis to 2028 permitting companies to analyze their market share and analyze projections, and find new markets to aim.

►The research includes the Small Satellite market split by different types, applications, technologies, and end-uses. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment.

►Small Satellite market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.

►This report would help to understand competition better with a detailed analysis and key strategies of their competitors and plan their position in the business.

►The study helps evaluate Small Satellite business predictions by region, key countries, and top companies' information to channel their investments.

Key questions answered in the report include:

►This Small Satellite report gives all the information about the industry analysis, revenue, and overview, of this market.

►What will be the rate of increase in Small Satellite market size and growth rate by the end of the forecast period?

►What are the major global Small Satellite market trends influencing the development of the market?

►What are the vital results of SWOT analysis of the major players operating in the Small Satellite market?

►What are the potential growth opportunities and threats faced by Major competitors in the Small Satellite market?

►What are the market opportunities and threats faced by vendors in the Global Small Satellite market?

Request for Pre-Order / Enquiry Link: https://qyresearch.in/pre-order-inquiry/machinery-equipment-small-satellite-market-share-and-ranking-overall-sales-and-demand-forecast-2025-2031

Table of Contents - Major Key Points:

1 Market Overview
1.1 Small Satellite Product Introduction
1.2 Global Small Satellite Market Size Forecast
1.2.1 Global Small Satellite Sales Value (2020-2031)
1.2.2 Global Small Satellite Sales Volume (2020-2031)
1.2.3 Global Small Satellite Sales Price (2020-2031)
1.3 Small Satellite Market Trends & Drivers
1.3.1 Small Satellite Industry Trends
1.3.2 Small Satellite Market Drivers & Opportunity
1.3.3 Small Satellite Market Challenges
1.3.4 Small Satellite Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Small Satellite Players Revenue Ranking (2024)
2.2 Global Small Satellite Revenue by Company (2020-2025)
2.3 Global Small Satellite Players Sales Volume Ranking (2024)
2.4 Global Small Satellite Sales Volume by Company Players (2020-2025)
2.5 Global Small Satellite Average Price by Company (2020-2025)
2.6 Key Manufacturers Small Satellite Manufacturing Base and Headquarters
2.7 Key Manufacturers Small Satellite Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Small Satellite
2.9 Small Satellite Market Competitive Analysis
2.9.1 Small Satellite Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Small Satellite Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Small Satellite as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Microsatellite
3.1.2 Nanosatellite
3.2 Global Small Satellite Sales Value by Type
3.2.1 Global Small Satellite Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Small Satellite Sales Value, by Type (2020-2031)
3.2.3 Global Small Satellite Sales Value, by Type (%) (2020-2031)
3.3 Global Small Satellite Sales Volume by Type
3.3.1 Global Small Satellite Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Small Satellite Sales Volume, by Type (2020-2031)
3.3.3 Global Small Satellite Sales Volume, by Type (%) (2020-2031)
3.4 Global Small Satellite Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 National Security
4.1.2 Science & Environment
4.1.3 Commerce
4.1.4 Others
4.2 Global Small Satellite Sales Value by Application
4.2.1 Global Small Satellite Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Small Satellite Sales Value, by Application (2020-2031)
4.2.3 Global Small Satellite Sales Value, by Application (%) (2020-2031)
4.3 Global Small Satellite Sales Volume by Application
4.3.1 Global Small Satellite Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Small Satellite Sales Volume, by Application (2020-2031)
4.3.3 Global Small Satellite Sales Volume, by Application (%) (2020-2031)
4.4 Global Small Satellite Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Small Satellite Sales Value by Region
5.1.1 Global Small Satellite Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Small Satellite Sales Value by Region (2020-2025)
5.1.3 Global Small Satellite Sales Value by Region (2026-2031)
5.1.4 Global Small Satellite Sales Value by Region (%), (2020-2031)
5.2 Global Small Satellite Sales Volume by Region
5.2.1 Global Small Satellite Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Small Satellite Sales Volume by Region (2020-2025)
5.2.3 Global Small Satellite Sales Volume by Region (2026-2031)
5.2.4 Global Small Satellite Sales Volume by Region (%), (2020-2031)
5.3 Global Small Satellite Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Small Satellite Sales Value, 2020-2031
5.4.2 North America Small Satellite Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Small Satellite Sales Value, 2020-2031
5.5.2 Europe Small Satellite Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Small Satellite Sales Value, 2020-2031
5.6.2 Asia Pacific Small Satellite Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Small Satellite Sales Value, 2020-2031
5.7.2 South America Small Satellite Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Small Satellite Sales Value, 2020-2031
5.8.2 Middle East & Africa Small Satellite Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Small Satellite Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Small Satellite Sales Value and Sales Volume
6.2.1 Key Countries/Regions Small Satellite Sales Value, 2020-2031
6.2.2 Key Countries/Regions Small Satellite Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Small Satellite Sales Value, 2020-2031
6.3.2 United States Small Satellite Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Small Satellite Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Small Satellite Sales Value, 2020-2031
6.4.2 Europe Small Satellite Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Small Satellite Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Small Satellite Sales Value, 2020-2031
6.5.2 China Small Satellite Sales Value by Type (%), 2024 VS 2031
6.5.3 China Small Satellite Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Small Satellite Sales Value, 2020-2031
6.6.2 Japan Small Satellite Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Small Satellite Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Small Satellite Sales Value, 2020-2031
6.7.2 South Korea Small Satellite Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Small Satellite Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Small Satellite Sales Value, 2020-2031
6.8.2 Southeast Asia Small Satellite Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Small Satellite Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Small Satellite Sales Value, 2020-2031
6.9.2 India Small Satellite Sales Value by Type (%), 2024 VS 2031
6.9.3 India Small Satellite Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 Lockheed Martin
7.1.1 Lockheed Martin Company Information
7.1.2 Lockheed Martin Introduction and Business Overview
7.1.3 Lockheed Martin Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 Lockheed Martin Small Satellite Product Offerings
7.1.5 Lockheed Martin Recent Development
7.2 Northrop Gruman
7.2.1 Northrop Gruman Company Information
7.2.2 Northrop Gruman Introduction and Business Overview
7.2.3 Northrop Gruman Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Northrop Gruman Small Satellite Product Offerings
7.2.5 Northrop Gruman Recent Development
7.3 Raytheon (Blue Canyon Technologies)
7.3.1 Raytheon (Blue Canyon Technologies) Company Information
7.3.2 Raytheon (Blue Canyon Technologies) Introduction and Business Overview
7.3.3 Raytheon (Blue Canyon Technologies) Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Raytheon (Blue Canyon Technologies) Small Satellite Product Offerings
7.3.5 Raytheon (Blue Canyon Technologies) Recent Development
7.4 Dynetics
7.4.1 Dynetics Company Information
7.4.2 Dynetics Introduction and Business Overview
7.4.3 Dynetics Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Dynetics Small Satellite Product Offerings
7.4.5 Dynetics Recent Development
7.5 Surrey Satellite Technology
7.5.1 Surrey Satellite Technology Company Information
7.5.2 Surrey Satellite Technology Introduction and Business Overview
7.5.3 Surrey Satellite Technology Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Surrey Satellite Technology Small Satellite Product Offerings
7.5.5 Surrey Satellite Technology Recent Development
7.6 Axelspace
7.6.1 Axelspace Company Information
7.6.2 Axelspace Introduction and Business Overview
7.6.3 Axelspace Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Axelspace Small Satellite Product Offerings
7.6.5 Axelspace Recent Development
7.7 Sierra Nevada
7.7.1 Sierra Nevada Company Information
7.7.2 Sierra Nevada Introduction and Business Overview
7.7.3 Sierra Nevada Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Sierra Nevada Small Satellite Product Offerings
7.7.5 Sierra Nevada Recent Development
7.8 Clyde Space
7.8.1 Clyde Space Company Information
7.8.2 Clyde Space Introduction and Business Overview
7.8.3 Clyde Space Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Clyde Space Small Satellite Product Offerings
7.8.5 Clyde Space Recent Development
7.9 Planet Labs
7.9.1 Planet Labs Company Information
7.9.2 Planet Labs Introduction and Business Overview
7.9.3 Planet Labs Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Planet Labs Small Satellite Product Offerings
7.9.5 Planet Labs Recent Development
7.10 Dauria Aerospace
7.10.1 Dauria Aerospace Company Information
7.10.2 Dauria Aerospace Introduction and Business Overview
7.10.3 Dauria Aerospace Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 Dauria Aerospace Small Satellite Product Offerings
7.10.5 Dauria Aerospace Recent Development
7.11 CASC
7.11.1 CASC Company Information
7.11.2 CASC Introduction and Business Overview
7.11.3 CASC Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 CASC Small Satellite Product Offerings
7.11.5 CASC Recent Development
7.12 SpaceX
7.12.1 SpaceX Company Information
7.12.2 SpaceX Introduction and Business Overview
7.12.3 SpaceX Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 SpaceX Small Satellite Product Offerings
7.12.5 SpaceX Recent Development
7.13 Eutelsat Group
7.13.1 Eutelsat Group Company Information
7.13.2 Eutelsat Group Introduction and Business Overview
7.13.3 Eutelsat Group Small Satellite Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Eutelsat Group Small Satellite Product Offerings
7.13.5 Eutelsat Group Recent Development
8 Industry Chain Analysis
8.1 Small Satellite Industrial Chain
8.2 Small Satellite Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Small Satellite Sales Model
8.5.2 Sales Channel
8.5.3 Small Satellite Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer

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