Press release
Global Nano and Microsatellite Market to grow at a CAGR of 22.95% during 2016-2020
Nano and microsatellites are earth-orbiting devices that have lower mass and lesser physical dimensions as compared to a conventional satellite, such as a geostationary satellite. Owing to technological advancements, as well as advances in space research, these satellites have emerged as an important tool for applications such as wireless communications networks, data gathering, scientific observations, and global positioning systems (GPS).
The global nano and microsatellite market to grow at a CAGR of 22.95% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global nano and microsatellite market for 2016-2020. To calculate the market size, the report presents the market landscape and a corresponding detailed analysis of the five major vendors operating in the market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=834798
Technavio's report, Global Nano and Microsatellite Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Dauria Aerospace
- Deep Space Industries
- Innovative Solutions In Space
- Lockheed Martin
- SpaceQuest
Other prominent vendors
- Clyde Space
- GeoOptics
- Planet Labs
- Raytheon
- RUAG Space
- Terra Bella
- Spire Global
- Terran Orbital
Market driver
- Cost-effective solution as compared to bigger satellites
- For a full, detailed list, view our report
Market challenge
- Design and manufacturing constraints
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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