Press release
North America Small Satellite Market worth $13.89 Billion by 2030, at a CAGR of 28.6%
North America Small Satellite Market
The report"North America Small Satellite Market [https://www.marketsandmarkets.com/Market-Reports/north-america-small-satellite-market-33007739.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=northamericasmallsatellitemarket] by System (Satellite Bus, Payloads, Satellite Antennas, Others), Propulsion Technology (Chemical, Electric, Other Technologies), Customer, Frequency, Mass, and Application - Forecast To 2030" is projected to grow from USD 3.94 billion in 2025 and to reach USD 13.89 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 28.6% during the forecast period.
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Browse 150 market data Tables and 50 Figures spread through 200 Pages and in-depth TOC on "North America Small Satellite Market by System (Satellite Bus, Payloads, Satellite Antennas, Others), Propulsion Technology (Chemical, Electric, Other Technologies), Customer, Frequency, Mass, and Application - Forecast To 2030"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/north-america-small-satellite-market-33007739.html [https://www.marketsandmarkets.com/Market-Reports/north-america-small-satellite-market-33007739.html?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=northamericasmallsatellitemarket]
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The [https://www.marketsandmarkets.com/PressReleases/north-america-small-satellite.asp?utm_source=abnewswire.com&utm_medium=PaidPR&utm_campaign=northamericasmallsatellitemarket] is driven by the rising demand for fast and reliable space-based data. Defense agencies rely on small satellites for surveillance and secure communication missions. Commercial operators also increase adoption for Earth observation and connectivity needs.
By Application, the communication segment is projected to account for the largest share of the North America small satellite market during the forecast period.
The communication application segment leads the market due to the rising demand for satellite-based connectivity. Small satellites support broadband services and network expansion. They enable coverage in remote areas. They support secure links for government users. This drives steady demand across North America.
By Propulsion, the electric segment is projected to register the highest growth during the forecast period.
By propulsion, the electric segment is expected to grow at the fastest rate in North America during the forecast period. This growth stems from improved efficiency and reduced fuel consumption. Electric systems enable satellites to remain in orbit for extended periods. They also help control movement more accurately and reduce launch weight and overall mission cost.
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Canada is projected to be the fastest-growing country in the North America small satellite market during the forecast period.
Canada is projected to be the fastest-growing country-level market during the forecast period. Growth is supported by rising government investment in space programs. Demand for Earth observation and communication satellites is increasing. Support for domestic satellite manufacturing is also driving market expansion.
SpaceX, MDA, Northrop Grumman, Planet Labs PBC, and SNC are the major players in the North America small satellite market.
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