CubeSat Market by sizes

1U CubeSats are majorly deployed by the academic end user for academic research and space exploration activities. In 2017, the academic end user generated a revenue of $XX million in the 1U CubeSat market and is expected to reach $XX million by 2022, growing with a CAGR of XX% during the period 2016-2022.

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There are different types of subsystems that are being incorporated in CubeSats including payload, structure, telecommunication, also known as Telemetry, Tracking and Command (TT&C) system, on-board computer, also known as Command and Data Handling (C&DH) system, power system, attitude control system, also known as Attitude Determination and Control System (ADCS), Thermal Control System (TCS), and propulsion system. The support subsystem, known as satellite bus, comprises structure, thermal system, telecommunication, on-board computer, power system, attitude control system, and propulsion system.

Payload is responsible for providing core functionality of CubeSat. Payloads differ according to the application of CubeSat and have the highest market share in the CubeSat market that was approximately XX% in 2017. All the payloads are important for a CubeSat to complete any specific operation. The major applications of CubeSat equipped with such payloads include imaging, surveillance, reconnaissance, navigation, and communication, among others.

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