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Small Satellite Market
The small satellite market is anticipated to grow significantly during the forecast period owing to numerous
factors such as increase in demand for small satellites for earth observation services in numerous sectors
such as agriculture, energy, civil engineering, oil & gas, and others, which consequently fuels the use of
small satellites. CubeSats are increasingly being used by defense organizations globally to improve the
battlefield communications, gather information from unattended sensors, and monitor space weather.
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Small Satellite Market
The small satellite market was valued at $3,632.4 million in 2018, and is expected to reach $15,686.3 million by
2026, registering a CAGR of 20.1% from 2018 to 2026. Small Satellites are satellites with masses lower than 500 kg.
The small satellite market is segmented into type, application, and end-user. Based on type, the market is divided
into minisatellite, microsatellite, nanosatellite, pico-satellites, and femto satellites. Based on application, the market
is categorized into imaging and earth observations, satellite communications, science & explorations, technology
development, and space situational awareness. On the basis of end-user, the market is bifurcated into civil &
commercial and government & defense.
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Small Satellite Market
Key Benefits for Small Satellite Market
• The report provides an in-depth analysis of the forecast along with the current and future market trends.
• This report highlights the key drivers, opportunities, and restraints of the small satellite market along with the impact analyses
during the forecast period.
• Porter’s five forces analysis helps analyze the potential of the buyers & suppliers and the competitive scenario of the small
satellite industry for strategy building.
• A comprehensive analysis of the factors that drive and restrain the market growth is provided.
• The qualitative data in this report aims on market dynamics, trends, and developments.
• The small satellite market size is provided in terms of revenue.
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Small Satellite Market
Major Companies:
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Orbital ATK
Space Systems Loral
OHB AG
Spire Global Inc.
Leopold Kostal GmbH & Co. Kg
Geooptics Inc
Lockheed Martin Corporation
Small Satellite Market
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