Global Nanosatellite and Microsatellite Market Insights and Forecast to 2028

This report studies the 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).
Market Analysis and Insights: Global Nanosatellite and Microsatellite Market
Due to the COVID-19 pandemic, the global Nanosatellite and Microsatellite market size is estimated to be worth US$ 1079.2 million in 2022 and is forecast to a readjusted size of US$ 2575.5 million by 2028 with a CAGR of 15.6% during the review period. Fully considering the economic change by this health crisis, Nanosatellite accounting for % of the Nanosatellite and Microsatellite global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While National Security segment is altered to an % CAGR throughout this forecast period.
Lockheed Martin, Northrop Gruman, Raytheon, Dynetics are the top 4 players of Nanosatellite and Microsatellite, with about 65% market shares.
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% global market share, followed by Europe with 30%.
In terms of production side, this report researches the Nanosatellite and Microsatellite capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Nanosatellite and Microsatellite by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Nanosatellite and Microsatellite Scope and Segment
Nanosatellite and Microsatellite market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Nanosatellite and Microsatellite market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Nanosatellite
Microsatellite
Segment by Application
National Security
Science & Environment
Commerce
Others
By Company
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

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