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Nanosatellite Companies Forecast, Research Overview and Key Companies Analysis by 2028

September 1, 2021

The global nanosatellite companies size is expected to reach USD 7.13 Billion at a steady CAGR of 19.8% in 2028, according to latest analysis by Emergen Research. The report provides detailed insights into nanosatellite companies size, market trends, industry trends, consumer trends, market forecast, revenue share growth, along with ranging impacts of each driver on market size. In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of nanosatellite companies share contribution of these countries. In addition, nanosatellite companies share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries. It also provides analysis of various factors expected to restrain or limit potential growth in nanosatellite companies size over the forecast period, 2020–2028. The report includes profiles of major players in the nanosatellite companies, strategies being employed/deployed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global nanosatellite companies size expansion is significantly supported by contribution from major segments and increasing deployment in a range of applications.While conducting primary research, the researchers observed that the rapid growth of the nanosatellite companies through the forecast duration is driven by the niche and emerging opportunities for the producers engaged in the worldwide nanosatellite companies. The worldwide nanosatellite companies has been categorized as product, end-user, and major geographic regions. Increasing demand for improved communications and services and growing traction of Internet of Things are some key factors driving growth of the global nanosatellite companies. Nanosatellite and microsatellite launches are low-risk and have a high success rate. Satellite launches are carried out by government agencies, private companies, as well as others.

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Emergen Research has segmented the global nanosatellite companies based on component, application, vertical, and region:

Component Outlook (Revenue, USD Billion; 2024–2028)
- Solar Panel
- Onboard Computers
- Power System
- Antennas
- Sensors and Actuators
- Thermal Control System

Application Outlook (Revenue, USD Billion; 2024–2028)
- Communication
- Earth Monitoring
- Scientific Research
- Biological Research
- Mapping and Navigation
- Academic Training

Vertical Outlook (Revenue, USD Billion; 2024–2028)
- Defense
- Government
- Commercial
- Civil
- Broadcasting

Regional Outlook (Revenue, USD Billion; 2024–2028)
- North America
  1. U.S.
  2. Canada
  3. Mexico
- Europe
  1. Germany
  2. U.K.
  3. France
  4. Italy
  5. Spain
  6. BENELUX
  7. Rest of Europe
- Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Rest of APAC
- Latin America
  1. Brazil
  2. Rest of LATAM
- Middle East & Africa
  1. Saudi Arabia
  2. UAE
  3. Israel
  4. Rest of MEA

In terms of nanosatellite companies share and revenue contribution to the global nanosatellite companies, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in nanosatellite companies share.

The market intelligence report on the Nanosatellite and Microsatellite Industry also includes an extensive investigation of the competitive landscape. It assesses the business and marketing strategies expected to be present in the market through the forecast years. It also includes an investigation of the recent advancements and other factors driving the growth of the overall market to help comprehend the progress of the companies in the coming years.

Region wise performance of the Nanosatellite and Microsatellite industry

In terms of nanosatellite companies size, North America is expected to remain dominant among the other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting nanosatellite companies size growth.

Asia Pacific nanosatellite companies size is expected to remain steady, and register fastest revenue growth rate between 2020 and 2028. Rapid revenue growth rate in countries such as China and India is attributable to rapid growth in nanosatellite companies size in Asia Pacific, and the trend is expected to continue going ahead.

Continuous developments in countries in Europe is expected to support growth in regional market size over the forecast period.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

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Some Key Highlights in the Report

In August 2020, Alén Space partnered with Orbital Transports for their Nanosatellite and Microsatellite products consisting of SmallSat Catalog. This acquisition is expected to help in the nanosatellite and microsatellite application of Emerson for commercial and defense purposes.
Application segment revenue is expected to grow at the fastest rate over the forecast period. Applications of nano satellite include for communications, Earth monitoring, and remote sensing.
Among the vertical segments, has commercial segment accounted for largest revenue share in the market, driven by increasing deployment of nanosatellites and microsatellites for commercial applications.
North America accounted for maximum revenue share in 2020 and expected to continue to account for majority revenue share over the forecasted period. This can be attributed to rapidly growing communication channels and rising data volumes driven by increasing number companies and sectors going digital.

The research provides answers to the following key questions:

What will be the growth rate and the market size of the Nanosatellite and Microsatellite industry for the forecast period 2020-2027?
What are the major driving forces expected to impact the development of the nanosatellite companies across different regions?
Who are the major driving forces expected to decide the fate of the Nanosatellite and Microsatellite industry worldwide?
Who are the prominent market players making a mark in the nanosatellite companies with their winning strategies?
Which Nanosatellite and Microsatellite industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the nanosatellite companies?

Table of Content

Chapter 1. Methodology & Sources

1.1. nanosatellite companies Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. nanosatellite companies Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2024-2028