(Aviation-NewsWire.Com, September 22, 2018 ) The small satellite market is estimated to be USD 2.92 billion in 2017 and is projected to reach USD 7.53 billion by 2022, at a CAGR of 20.83% during the forecast period. Key factors such as proposed development of satellite networks to provide internet access to areas without broadband connectivity and satellite miniaturization are expected to fuel the growth of the small satellite market.
The mini satellite segment is estimated to lead the small satellite market during the forecast period. These satellites are used in various applications such as telecommunication, earth observation & meteorology, scientific research & exploration, mapping & navigation, and surveillance & security. The nano satellite segment is projected to witness the highest growth.
Small Satellite Market, By Application 1 Introduction 2 Earth Observation & Meteorology 3 Communication 4 Scientific Research & Exploration 5 Surveillance & Security 6 Mapping & Navigation
Premium Insights 1 Increasing Investments in the Small Satellite Market to Offer Several Untapped and Unexplored Opportunities 2 Europe: Small Satellite, By Type 3 Small Satellite, By Type 4 Small Satellite, By End User 5 Small Satellite, By Application 6 Small Satellite, By Region
Click Now for More Information on Small Satellite Market by Type (Nanosatellite, Microsatellite, Minisatellite), End User (Civil, Defense, Commercial), Application (Earth Observation & Meteorology, Communication, Scientific Research & Exploration), and Region - Global Forecast to 2022report now at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=538718 .
North America led the small satellite market in 2016. The rising demand for small satellites in the defense sector is due to their use for surveillance activities, which ensures continued access to real-time data. The small satellite market in North America is expected to account for largest market share in 2017.
Break-up of profiles of primary participants in this report: By Company Type: Tier 1 35%, Tier 2 45%, and Tier 3 20% By Designation: C Level 35%, Director Level 25%, Others 40% By Region: North America - 45%, Europe 20%, Asia-Pacific 30%, RoW 5%
Key players profiled in the small satellite market report include Sierra Nevada Corporation (U.S.), Planet Labs (U.S.), Surrey Satellite Technology Ltd. (U.K.), Space Exploration Technologies Corporation (U.S.), Airbus Defense and Space (France), and Singapore Technologies Engineering Limited (Singapore), among others.
Competitive Landscape 1 Vendor Dive Overview 2 Vanguards 3 Innovators 4 Dynamic 5 Emerging 6 Competitive Benchmarking 7 Business Strategies Adopted By Major Players in the Small Satellite Market 8 Analysis of Product Portfolio of Major Players in the Small Satellite Market 9 Market Share Analysis of Market
This research report has focused on various levels of analyses industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss basic views on competitive landscape, emerging and high growth segments of the small satellite market, highgrowth regions, and market drivers, restraints, and opportunities.
Target Audience Small Satellite Manufacturers Original Equipment Manufacturers Sub-component Manufacturers Technology Support Providers
The study segments the small satellite market on the basis of type, end user, and application, and maps these segments and subsegments across major regions, namely, North America, Europe, Asia-Pacific, and RoW. On the basis of type, the small satellite market has been segmented into nano satellite, microsatellite, and mini satellite.
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