Nano and Micro Satellite Market

Nano and Micro Satellite Market Size, Share & Trends Analysis Report

Nano and Micro Satellite Market

Published
Report ID : AIMR 1662
Number of pages : 300
Published Date : Mar 2024
Category : Drones
Delivery Timeline : 48 hrs

Nano and MicroSatellite Market Overview

The Nano and Microsatellite Market is expected to reach $8.70 billion by 2030, with a compound annual growth rate (CAGR) of 14.10% from 2020 to 2030.

The space industry is advancing towards a future characterized by the presence of extensive constellations of nanosatellites and microsatellites. These satellites offer a wide range of services across small and large geographic areas, as well as globally. They find applications in various fields including biological experiments, communication, agriculture, navigation and mapping, education, scientific research, exploration, and earth observation, among others.

Competitive Landscape

  • L3Harris(US)
  • Axelspace(Japan)
  • Sierra Nevada Corporation(US)
  • AAC Clyde Space(Scotland)
  • GAUSS(Italy)
  • Excolaunch(Germany)
  • Spire Global(US)
  • SpaceQuest(US)
  • Alen Space(Spain)
  • Dauria Aerospace(Russia)
  • Swarm(US)
  • RUAG Space(Switzerland)
  • Millennium Space Systems(US)
  • Raytheon(US)
  • Astrocast(Switzerland)
  • EnduroSat(Bulgaria)

Recent Developments

In July 2021, Surrey Satellite Technology Limited made a significant leap onto the international stage with the launch of its inaugural geostationary satellite platform - Eutelsat Quantum.

In June 2021, Lockheed Martin achieved a milestone with the launch of GPS III Space Vehicle 05, featuring the latest advancements in next-generation GPS III satellite technology.

In May 2021, industry leaders L3Harris and Air Tractor joined forces to develop an affordable, production-ready ISR strike system, leveraging Air Tractor's robust platform and L3Harris' established mission solutions.

Also in May 2021, Gomspace and SIGCOM partnered to advance the FNR-funded MegaLEO project, aimed at pushing the boundaries of large satellite constellations. MegaLEO is designed to operate semi-autonomously, making decisions and executing operations in outer space.

In April 2020, Lockheed Martin and Thales Australia solidified an agreement to enhance the delivery and manufacturing capabilities of Australian guided weapons, supporting the establishment of a sovereign national guided weapons enterprise.

Report Overview

This global nano and microsatellite market research report discusses the growth and potential of the market on the following market aspects:

  • Market Overview
  • COVID 19 Analysis
  • Market Dynamics
  • Technical Analysis
  • Market Segmentation
  • Regional Analysis
  • Competitive Landscape
  • Recent Developments
VishalSawant
Vishal Sawant
Business Development
vishal@brandessenceresearch.com
+91 8830 254 358
Country
Regions and Country

North America

  • U.S.
    U.S.
  • Canada
    Canada

Europe

  • Germany
    Germany
  • France
    France
  • U.K.
    U.K.
  • Italy
    Italy
  • Spain
    Spain
  • Sweden
    Sweden
  • Netherlands
    Netherlands
  • Turkey
    Turkey
  • Switzerland
    Switzerland
  • Belgium
    Belgium
  • Rest of Europe

Asia-Pacific

  • South Korea
    South Korea
  • Japan
    Japan
  • China
    China
  • India
    India
  • Australia
    Australia
  • Philippines
    Philippines
  • Singapore
    Singapore
  • Malaysia
    Malaysia
  • Thailand
    Thailand
  • Indonesia
    Indonesia
  • Rest of APAC

Latin America

  • Mexico
    Mexico
  • Colombia
    Colombia
  • Brazil
    Brazil
  • Argentina
    Argentina
  • Peru
    Peru
  • Rest of South America

Middle East and Africa

  • Saudi Arabia
    Saudi Arabia
  • UAE
    UAE
  • Egypt
    Egypt
  • South Africa
    South Africa
  • Rest of MEA

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