Nanosatellite and Microsatellite Market Incredible Possibilities and Industry Growth 2019-2025
Nanosatellite and Microsatellite market, the term "microsatellite" or "microsat" is usually applied to the name of an artificial satellite with a wet mass between 10 and 100 kg (22 and 220 lb). The term "nanosatellite" or "nanosat" is applied to an artificial satellite with a wet mass between 1 and 10 kg (2.2 and 22.0 lb).
In recent time, high growth in the communication, scientific research, earth observation and other industries is some of the major drivers of global Nanosatellite and Microsatellite industry.
In the past five years, global Nanosatellite and Microsatellite industry has experienced a period of rapid growth, in 2017, the production was about 168 Units, and in 2018, the production will be about 218 Units.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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Global Nanosatellite and Microsatellite industry shows a high concentration degree due to the high technical barriers. In terms of geography, North America is the largest consumption region with a 51.54% global market share in 2017, followed by Europe with 30.79%.
The global Nanosatellite and Microsatellite market is valued at 520 million US$ in 2018 is expected to reach 1660 million US$ by the end of 2025, growing at a CAGR of 17.9% during 2019-2025.
This report focuses on Nanosatellite and Microsatellite volume and value at global level, regional level and company level. From a global perspective, this report represents overall Nanosatellite and Microsatellite market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
- Lockheed Martin
- Northrop Gruman
- Raytheon
- Dynetics
- Surrey Satellite Technology
- Axelspace
- Sierra Nevada
- Clyde Space
- Planet Labs
- Dauria Aerospace
- CASC
Segment by Regions
- North America
- Europe
- China
- Japan
Segment by Type
- Nanosatellite
- Microsatellite
Segment by Application
- National Security
- Science & Environment
- Commerce
- Others
Highlights of this market report:
- A complete framework analysis, including an assessment of the parent market
- An empirical assessment of the trajectory of the market
- Market segmentation up to the second or third level
- Report and evaluation of recent industrial developments
- Major changes in market dynamics
- Emerging niche segments and regional markets
- Historical, present, and prospective size of the market from the perspective of both value and volume
- Market shares and strategies of leading players
- Recommendations to companies to substantiate their foothold in the market
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