The Small Satellite Global Market Report 2023, provides comprehensive information on the small satellite market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Small Satellite Market’s Growth:
https://www.thebusinessresearchcompany.com/report/small-satellite-global-market-report
As per The Business Research Company’s Small Satellite Global Market Report 2023, the global small satellite market size grew from $4.36 billion in 2022 to $5.34 billion in 2023 at a compound annual growth rate (CAGR) of 22.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The small satellite market size is expected to grow to $11.32 billion in 2027 at a CAGR of 20.6%.
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The small satellite market is segmented:
1) By Type: Minisatellite, Microsatellite, Nanosatellite, Pico-Satellites, Femtosatellites
2) By Orbit: Low Earth Orbit (LEO), Middle Earth Orbit (MEO), Geostationary Earth Orbit (GEO)
3) By Component: Structures, Payload, Electric Power System, Solar Panel And Antenna Systems, Propulsion Systems, Other Components
4) By Application: Earth Observation And Remote Sensing, Satellite Communication, Science And Exploration, Mapping And Navigation, Space Observation, Other Applications
5) By End-User: Commercial, Academic, Government And Military, Other End-Users
Top Key Players
- Sierra Nevada Corporation
- Lockheed Martin Corporation
- Airbus
- L3 Harris Technologies
- The Aerospace Corporation
North America was the largest region in the small satellite market in 2022.
The table of contents in TBRC’s small satellite market report includes:
- Executive Summary
- Small Satellite Market Characteristics
- Small Satellite Market Trends And Strategies
- Small Satellite Forwarding Market – Macro Economic Scenario
- Small Satellite Market Size And Growth
.
- Small Satellite Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Small Satellite Market
- Small Satellite Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology, with 6500+ reports. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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