Nanosatellite and Microsatellite Market Drives Future Change | GomSpace (Denmark), Lockheed Martin Corporation (US), L3Harris Technologies (US)

The ‘ Nanosatellite and Microsatellite market’ research report added by Report Ocean, is an in-depth analysis of the latest developments, market size, status, upcoming technologies, industry drivers, challenges, regulatory policies, with key company profiles and strategies of players. The research study provides market overview; Nanosatellite and Microsatellite derived key statistics, based on the market status of the manufacturers and is a valuable source of guidance and direction for companies and individuals interested in Nanosatellite and Microsatellite market size forecast, Get report to understand the structure of the complete fine points (Including Full TOC, List of Tables & Figures, Chart).

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A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021

covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx


Global Nanosatellite and Microsatellite Market is valued approximately USD 1.53 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 20.1% over the forecast period 2019-2026. Nanosatellite and Microsatellite are sub-segments of the Small Satellites. The term Microsatellite is used when the wet mass of the satellite is between 10 and 100kg while when the wet mass of the satellite is 1 to 10 kg it is referred to as nanosatellite. These satellites are majorly used for earth observation, communication purposes , and space research. Besides these usages, nanosatellites and microsatellites are also utilized  in defense,  military sector and for commercial purposes. Nanosatellites and microsatellites are basically used for research requirements and for scientific objectives on a large scale. With the increasing pace of earth observation, communication and space research the demand for these satellites has increased tremendously. Furthermore, nanosatellites are low cost bearing as compared to the traditional satellites. Hence these Satellites helps to remove the obstacles of heavy investments in the space industry. The advancement in the communications sector coupled with the rapid adoption of Internet of Things (IoT) is expected boost the market growth. As the adoption of IoT will encourage start-ups to launch their own small satellites into the space. __Also, growing government support towards companies to launch nanosatellites and microsatellites for earth observation, communication and navigation and other applications paves a concrete pathway for the market growth. However, high chances of failure impedes the growth of the market over the forecast period of 2020-2026. Although, the emerging role of small satellites in the telecom sector has enabled telecom providers to accelerate 5G deployment globally, along with creating market opportunities for Nanosatellite and Microsatellite market.

The regional analysis of global Nanosatellite and Microsatellite market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the high adoption of nanosatellites and microsatellites in the region coupled with the presence of large space organizations and private companies creates a huge demand for Nanosatellites and Microsatellites. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2026. Factors such as rising investments in the sector along with supporting government initiatives would create lucrative growth prospects for the Nanosatellite and Microsatellite market across Asia-Pacific region.

Major market player included in this report are:

GomSpace (Denmark)

Lockheed Martin Corporation (US)

L3Harris Technologies (US)

Sierra Nevada Corporation (US)

AAC Clyde Space (Scotland)

Planet Labs Inc. (US)

NanoAvionics Corp. (US)

Innovative Solutions In Space (Netherlands)

RUAG Holding (Switzerland)

Surrey Satellite Technology Limited (England)

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:


Software & Data Processing

Launch Services

By Type:



By Application:


Earth Observation and Remote Sensing

Scientific Research

Biological Experiment


By Vertical:





Energy and Infrastructure

Maritime and Transportation

A systematic step framework for How to Tackle The Situation… “MITIGATE” | “SUSTAIN” | “GROW”: Business Strategy Recovery, Scenario and Planning

Key Segments Studied in the Global Nanosatellite and Microsatellite Market

Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan

In-Depth Qualitative Analyses Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.

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Changing Forecasts in a Time of Crisis: explores key issues, including:

  • The heavy economic impacts of social distancing measures
  • Future changes in consumer behavior
  • The urgent need for high-frequency economic data
  • Mapping Out a Potential Recovery
  • Business Strategies During COVID-19
  • Near & Long Term Risk Outlook, Risk Assessment and Opportunities

Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis


  • Market size and growth rate during forecast period.
  • Key factors driving the Market.
  • Key market trends cracking up the growth of the Market.
  • Challenges to market growth.
  • Key vendors of Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.
  • What should be entry strategies, countermeasures to economic impact, and marketing channels?
  • What are market dynamics?
  • What are challenges and opportunities?
  • What is economic impact on market?
  • What is market chain analysis by upstream raw materials and downstream industry?
  • What is industry considering capacity, production and production value? What will be the estimation of cost and profit? What will be market share, supply and consumption? What about import and export?
  • What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
  • What were capacity, production value, cost and profit?
  • Who are the global key players in this industry? What are their company profile, their product information, and contact information?
  • Which manufacturing technology is used, what are their company profile, their product information, and contact information?


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Key Points Covered in Nanosatellite and Microsatellite Market Report: COVID 19 Impact Analysis

Chapter 1.      Executive Summary

1.1.       Market Snapshot

1.2.      Global & Segmental Market Estimates & Forecasts, 2018-2026 (USD Billion)

1.2.1.   Nanosatellite and Microsatellite Market, by Region, 2018-2026 (USD Billion)

1.2.2.   Nanosatellite and Microsatellite Market, by Component, 2018-2026 (USD Billion)

1.2.3.   Nanosatellite and Microsatellite Market, by Type, 2018-2026 (USD Billion)

1.2.4.   Nanosatellite and Microsatellite Market, by Application, 2018-2026 (USD Billion)

1.2.5.   Nanosatellite and Microsatellite Market, by Vertical, 2018-2026 (USD Billion)

1.3.      Key Trends

1.4.      Estimation Methodology

1.5.      Research Assumption

Chapter 2.      Global Nanosatellite and Microsatellite Market Definition and Scope

2.1.      Objective of the Study

2.2.      Market Definition & Scope

2.2.1.   Scope of the Study

2.2.2.  Industry Evolution

2.3.      Years Considered for the Study

2.4.      Currency Conversion Rates

Chapter 3.      Global Nanosatellite and Microsatellite Market Dynamics

3.1.      Nanosatellite and Microsatellite Market Impact Analysis (2018-2026)

3.1.1.   Market Drivers

3.1.2.   Market Challenges

3.1.3.   Market Opportunities

Chapter 4.      Global Nanosatellite and Microsatellite Market Industry Analysis

4.1.      Porter’s 5 Force Model

4.1.1.   Bargaining Power of Suppliers

4.1.2.   Bargaining Power of Buyers

4.1.3.   Threat of New Entrants

4.1.4.   Threat of Substitutes

4.1.5.   Competitive Rivalry

4.1.6.   Futuristic Approach to Porter’s 5 Force Model (2016-2026)

4.2.      PEST Analysis

4.2.1.   Political

4.2.2.  Economical

4.2.3.  Social

4.2.4.  Technological

4.3.      Investment Adoption Model

4.4.      Analyst Recommendation & Conclusion

Chapter 5.      Global Nanosatellite and Microsatellite Market, by Component

5.1.      Market Snapshot

5.2.      Global Nanosatellite and Microsatellite Market by Component, Performance – Potential Analysis

5.3.      Global Nanosatellite and Microsatellite Market Estimates & Forecasts by Component 2016-2026 (USD Billion)

5.4.      Nanosatellite and Microsatellite Market, Sub Segment Analysis

5.4.1.   Hardware

5.4.2.   Software & Data Processing

5.4.3.   Launch Services

Chapter 6.      Global Nanosatellite and Microsatellite Market, by Type

6.1.      Market Snapshot

6.2.      Global Nanosatellite and Microsatellite Market by Type, Performance – Potential Analysis

6.3.      Global Nanosatellite and Microsatellite Market Estimates & Forecasts by Type 2016-2026 (USD Billion)

6.4.      Nanosatellite and Microsatellite Market, Sub Segment Analysis

6.4.1.   Nanosatellite

6.4.2.  Microsatellite

Chapter 7.      Global Nanosatellite and Microsatellite Market, by Application

7.1.      Market Snapshot

7.2.      Global Nanosatellite and Microsatellite Market by Application, Performance – Potential Analysis

7.3.      Global Nanosatellite and Microsatellite Market Estimates & Forecasts by Application 2016-2026 (USD Billion)

7.4.      Nanosatellite and Microsatellite Market, Sub Segment Analysis

7.4.1.   Communication

7.4.2.   Earth Observation and Remote Sensing

7.4.3.   Scientific Research

7.4.4.   Biological Experiment

7.4.5.   Others

Chapter 8.     Global Nanosatellite and Microsatellite Market, by Vertical

8.1.      Market Snapshot

8.2.     Global Nanosatellite and Microsatellite Market by Vertical, Performance – Potential Analysis

8.3.     Global Nanosatellite and Microsatellite Market Estimates & Forecasts by Vertical 2016-2026 (USD Billion)

8.4.     Nanosatellite and Microsatellite Market, Sub Segment Analysis

8.4.1.   Government

8.4.2.  Defence

8.4.3.  Civil

8.4.4.  Commercial

8.4.5.  Energy and Infrastructure

8.4.6.  Maritime and Transportation

Chapter 9.      Global Nanosatellite and Microsatellite Market, Regional Analysis

9.1.      Nanosatellite and Microsatellite Market, Regional Market Snapshot

9.2.      North America Nanosatellite and Microsatellite Market

9.2.1.   U.S. Nanosatellite and Microsatellite Market            Component breakdown estimates & forecasts, 2016-2026            Type breakdown estimates & forecasts, 2016-2026            Application breakdown estimates & forecasts, 2016-2026            Vertical breakdown estimates & forecasts, 2016-2026

9.2.2.  Canada Nanosatellite and Microsatellite Market

9.3.      Europe Nanosatellite and Microsatellite Market Snapshot

9.3.1.   U.K. Nanosatellite and Microsatellite Market

9.3.2.  Germany Nanosatellite and Microsatellite Market

9.3.3.  Rest of Europe Nanosatellite and Microsatellite Market

9.4.      Asia-Pacific Nanosatellite and Microsatellite Market Snapshot

9.4.1.   China Nanosatellite and Microsatellite Market

9.4.2.  India Nanosatellite and Microsatellite Market

9.4.3.  Japan Nanosatellite and Microsatellite Market

9.4.4.  Rest of Asia Pacific Nanosatellite and Microsatellite Market

9.5.      Latin America Nanosatellite and Microsatellite Market Snapshot

9.5.1.   Brazil Nanosatellite and Microsatellite Market

9.5.2.   Mexico Nanosatellite and Microsatellite Market

9.6.      Rest of The World Nanosatellite and Microsatellite Market


Chapter 10.    Competitive Intelligence

10.1.    Top Market Strategies

10.2.    Company Profiles

10.2.1. GomSpace (Denmark)          Key Information          Overview          Financial (Subject to Data Availability)          Product Summary          Recent Developments

10.2.2.              Lockheed Martin Corporation (US)

10.2.3.            L3Harris Technologies (US)

10.2.4.            Sierra Nevada Corporation (US)

10.2.5. AAC Clyde Space (Scotland)

10.2.6.            Planet Labs Inc. (US)

10.2.7. NanoAvionics Corp (US)

10.2.8.            Innovative Solutions In Space (Netherlands)

10.2.9.            RUAG Holding (Switzerland)

10.2.10.          Surrey Satellite Technology Limited (England)

Chapter 11.    Research Process

11.1.     Research Process

11.1.1.  Data Mining

11.1.2.  Analysis

11.1.3.  Market Estimation

11.1.4.  Validation

11.1.5.  Publishing

11.2.    Research Attributes

11.3.    Research Assumption


……..and view more in complete table of Contents

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