Small Satellite MARKET FORECASTS TO 2028 | DRIVERS AND OPPORTUNITIES | KEY PLAYER ANALYSIS Thales Group, Airbus SE

According to Stratistics MRC, the Global Small Satellite Market is accounted for $3,853.50 million in 2021 and is expected to reach $12,643.99 million by 2028 growing at a CAGR of 18.5% during the forecast period.

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The small satellite also referred to as a miniaturized satellite or smallsat has a low mass and size. These satellites are low-cost alternatives that have allowed commercial enterprises, non-profit groups, and educational institutions to conduct missions in low-Earth orbit.  These are designed to reduce the economic cost of launch vehicles and the costs associated with construction. Cheaper designs and ease of mass production are facilitated by the minimized design of small satellites. A major purpose of small satellites is to gather scientific data and radio relays. These satellites are more accessible to organizations of all sizes according to their budget.

Some of the key players profiled in the Small Satellite Market include Thales Group, Airbus SE, Northrop Grumman Corporation, L3Harris Technologies Inc. , Planet Labs Inc., Lockheed Martin Corporation, Space Exploration Technologies Corp. (SpaceX), Maxar Technologies Inc., Sierra Nevada Corporation, The Boeing Company, BAE Systems plc, QinetiQ Group plc, Raytheon Technologies Corporation, Magellan Aerospace, and Virgin Orbit. 

Frequencies Covered:
• C-Band
• High Frequency (HF)/Very High Frequency (VHF)/Ultra High Frequency (UHF) Band
• Ka-Band
• Ku-Band
• L-Band
• Q/V-Band
• S-Band
• X-Band
• Laser/Optical-Band

Mission Types Covered:
• Constellation Missions
• Installation Missions
• Replacement Missions

Orbits Covered:
• Low Earth Orbit (LEO) High Throughput Satellites
• Medium Earth Orbit (MEO) High Throughput Satellites
• Traditional Low Earth Orbit (LEO) and Medium Earth Orbit (MEO) Satellites
• Geostationary Earth Orbit (GEO)

Satellite Masses Covered:
• Microsatellite (10-100kg)
• Minisatellite (100-500kg)
• Nanosatellite (1-10kg)
• Cube Satellite
• Femtosatellite (Less Than 1 Kg)
• Picosatellite (Less Than 1 Kg)

Investor Types Covered:
• Crowdfunding
• Government/Foundation
• Public/Private
• Strategic/Private Equity
• Traditional Investment
• Venture Capital

Subsystems Covered:
• Satellite Bus
• Solar Panels
• Payloads
• Satellite Antennas

Offerings Covered:
• Service
• Software
• Hardware

Industries Covered:
• Ground Equipment
• Launch Vehicles
• Satellite Manufacturing
• Satellite Services

Applications Covered:
• Communication
• Earth Observation & Meteorology
• Internet of Things (IoT)/Machine to Machine (M2M)
• Mapping & Navigation
• Remote Sensing & Imaging
• Scientific Research & Exploration
• Space Observation
• Surveillance & National Security
• Military & Intelligence
• Technology Development
• Weather

End Users Covered:
• Commercial
• Government & Defense
• Civil
• Dual Use
• Non-Profit Organization

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

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