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Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, and Others), by End-User, by Geography - Global Forecast to 2021

April 2016 | 132 pages | ID: S07CB751C43EN
MarketsandMarkets

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The small satellite market is expected to grow from USD 2.22 billion in 2016 to USD 5.32 billion by 2021, at a CAGR of 19.14% from 2016 to 2021. The market for small satellite is driven by factors, such as the increasing focus on reducing mission costs as well as increasing demand for earth observation-related applications of small satellite. Various growth opportunities for the small satellite market include the proposed development of satellite networks to provide internet access to areas without broadband connectivity.

Microsatellite segment based on class to witness the highest growth during the forecast period

The microsatellite segment is projected to be the fastest-growing segment in the small satellite market. These satellite are useful for high precision and complex space missions, such as remote-sensing and navigation, maritime and transport management, space and earth observation, disasters management, military intelligence, telecommunication, and among other academic purpose. The segment comprising mapping and navigation is projected to be the fastest-growing segment in the small satellite market as it helps the Global Navigational Satellite Systems (GNSS) to generate signals for effective navigation and accurate global positioning data during the forecast period.

The Asia-Pacific region to offer significant opportunities for growth: The Asia-Pacific region is expected to exhibit the highest growth rate in the small satellite market during the forecast period from 2016 to 2021. The growth of the small satellite market in this region can be attributed to the rising demand for earth observation and scientific segment, which will support the governments’ decision making process in areas such as climate monitoring, soil prospection for terrestrial and maritime areas, agricultural planning, and border surveillance.

BREAK-UP FOR PROFILE OF PRIMARIES

By Company Type - Tier 1 – 35 %, Tier 2 – 45% and Tier 3 – 20%
By Designation – C level – 35%, Director Level – 25%, others – 40%
By Region – North America - 45%, Europe – 20%, APAC – 30%, RoW – 5%

The major players in the small satellite market include Sierra Nevada Corporation, ST Engineering Limited, Surrey Satellite Technology Ltd., Planet Labs Inc., Airbus Defense and Space, Northrop Grumman Corporation, Space Exploration Technologies Corp. (SpaceX), Boeing, Thales Alenia Space, Millennium Space System Inc., Lockheed Martin Corporation , GeoOptics Inc., OneWeb Ltd, OHB, Harris Corporation, Spire Global Inc., and Aerospace Corporation.

Reasons to Buy the Report:

This research report has focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on competitive landscape, emerging and high-growth segments of the small satellite market, high-growth regions, and market drivers, restraints, and opportunities.

The report provides insight on the following pointers:
  • Market Penetration: Comprehensive information on small satellite offered by top players in the l small satellite market
  • Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the small satellite market
  • Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for small satellite market across regions
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the small satellite market
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the small satellite market
1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
  1.3.1 MARKETS COVERED
  1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY & PRICING
1.5 STUDY LIMITATIONS
1.6 MARKET STAKEHOLDERS

2 RESEARCH METHODOLOGY

2.1 RESEARCH DATA
  2.1.1 SECONDARY DATA
    2.1.1.1 Key data from secondary sources
  2.1.2 PRIMARY DATA
    2.1.2.1 Key data from primary sources
    2.1.2.2 Breakdown of Primary Interviews: By company type, Designation, & Region
2.2 FACTOR ANALYSIS
  2.2.1 INTRODUCTION
  2.2.2 DEMAND-SIDE INDICATORS
    2.2.2.1 Rise in application of Big Data
  2.2.3 SUPPLY-SIDE INDICATORS
    2.2.3.1 Advancements in sensor technology
    2.2.3.2 Miniaturization of electronics
2.3 MARKET SIZE ESTIMATION
  2.3.1 BOTTOM-UP APPROACH
  2.3.2 TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMTIONS AND LIMITATIONS
  2.5.1 ASSUMPTIONS
  2.5.2 LIMITATIONS

3 EXECUTIVE SUMMARY

4 PREMIUM INSIGHTS

4.1 ATTRACTIVE MARKET OPPORTUNITIES IN THE SMALL SATELLITE MARKET
4.2 SMALL SATELLITE MARKET, BY TYPE
4.3 GLOBAL SMALL SATELLITE MARKET, BY APPLICATION
4.4 GLOBAL SMALL SATELLITE MARKET, BY END-USER
4.5 GLOBAL SMALL SATELLITE MARKET, BY REGION
4.6 LIFE CYCLE ANALYSIS, BY REGION

5 MARKET OVERVIEW

5.1 INTRODUCTION
  5.1.1 MARKET EVOLUTION
5.2 MARKET SEGMENTATION
  5.2.1 BY TYPE
  5.2.2 BY APPLICATION
  5.2.3 BY END-USER
5.3 MARKET DYNAMICS
  5.3.1 DRIVERS
    5.3.1.1 Increasing focus on reducing mission costs
    5.3.1.2 Increasing demand for earth observation related applications of small satellites
  5.3.2 RESTRAINTS
    5.3.2.1 Lack of dedicated launch vehicles to launch small satellites into space
    5.3.2.2 Design related limitations for small satellites
  5.3.3 OPPORTUNITIES
    5.3.3.1 Proposed development of satellite networks to provide internet access to areas without broadband connectivity
  5.3.4 CHALLENGES
    5.3.4.1 Issues related to space debris
    5.3.4.2 Increasing number of proposed small satellites may lead to regulatory challenges

6 INDUSTRY TRENDS

6.1 INTRODUCTION
6.2 VALUE CHAIN
6.3 SUPPLY CHAIN
6.4 TECHNOLOGY TRENDS
  6.4.1 USE OF SMALL SATELLITES TO PROVIDE ENHANCED SPACE IMAGERY
  6.4.2 DEVELOPMENT OF SMALL SATELLITE CONSTELLATIONS TO PROVIDE COMMUNICATIONS
  6.4.3 DEVELOPMENT OF DEDICATED LAUNCH VEHICLES FOR SMALL SATELLITES
  6.4.4 DEVELOPMENT OF SMALLL SATELLITES WITH THE HELP OF ADDITIVE MANUFACTURING
6.5 PORTERS’S FIVE FORCES ANALYSIS
  6.5.1 THREAT OF NEW ENTRANTS
  6.5.2 THREAT OF SUBSTITUTES
  6.5.3 BARGAINING POWER OF SUPPLIERS
  6.5.4 BARGAINING POWER OF BUYERS
  6.5.5 INTENSITY OF COMPETITIVE RIVALRY
6.6 VENTURE CAPITAL FUNDING

7 SMALL SATELLITE MARKET, BY TYPE

7.1 INTRODUCTION
7.2 NANOSAT (1 KG TO 10 KG)
7.3 MICROSAT (10 KG TO 100 KG)
7.4 MINISAT (100 KG TO 500 KG)

8 SMALL SATELLITE MARKET,BY APPLICATION

8.1 INTRODUCTION
8.2 COMMUNICATION
8.3 EARTH OBSERVATION & METEROLOGY
8.4 SCIENTIFIC RESEARCH & EXPLORATION
8.5 MAPPING & NAVIGATION
8.6 SURVEILLANCE & SECURITY

9 SMALL SATELLITE MARKET,BY END USER

9.1 INTRODUCTION
9.2 CIVIL
9.3 COMMERCIAL
9.4 DEFENSE

10 SMALL SATELLITE MARKET, BY REGION

10.1 INTRODUCTION
10.2 NORTH AMERICA
  10.2.1 BY TYPE
  10.2.2 BY APPICATION
  10.2.3 BY END-USER
  10.2.4 BY COUNTRY
    10.2.4.1 U.S.
      10.2.4.1.1 By Type
      10.2.4.1.2 By Application
      10.2.4.1.3 By End-User
    10.2.4.2 Canada
      10.2.4.2.1 By Type
      10.2.4.2.2 By Application
      10.2.4.2.3 By End-User
10.3 EUROPE
  10.3.1 BY TYPE
  10.3.2 BY APPLICATION
  10.3.3 BY END-USER
  10.3.4 BY COUNTRY
    10.3.4.1 Denmark
      10.3.4.1.1 By type
      10.3.4.1.2 By application
      10.3.4.1.3 By end-user
    10.3.4.2 Russia
      10.3.4.2.1 By type
      10.3.4.2.2 By application
      10.3.4.2.3 By end-user
    10.3.4.3 United Kingdom
      10.3.4.3.1 By type
      10.3.4.3.2 By Application
      10.3.4.3.3 By end-user
10.4 ASIA PACIFIC
  10.4.1 BY TYPE
  10.4.2 BY APPLICATION
  10.4.3 BY END-USER
  10.4.4 BY COUNTRY
    10.4.4.1 China
      10.4.4.1.1 By type
      10.4.4.1.2 By application
      10.4.4.1.3 By end-user
    10.4.4.2 Singapore
      10.4.4.2.1 By type
      10.4.4.2.2 By application
      10.4.4.2.3 By end-user
    10.4.4.3 India
      10.4.4.3.1 By type
      10.4.4.3.2 By application
      10.4.4.3.3 By end-user
    10.4.4.4 Japan
      10.4.4.4.1 By type
      10.4.4.4.2 By application
      10.4.4.4.3 By end-user
    10.4.4.5 Indonesia
      10.4.4.5.1 By type
      10.4.4.5.2 By application
      10.4.4.5.3 By end-user
10.5 REST OF THE WORLD (ROW)
  10.5.1 BY TYPE
  10.5.2 BY APPLICATION
  10.5.3 BY END-USER
  10.5.4 BY COUNTRY
    10.5.4.1 Brazil
      10.5.4.1.1 By type
      10.5.4.1.2 By application
      10.5.4.1.3 By end-user
    10.5.4.2 Iran
      10.5.4.2.1 By Type
      10.5.4.2.2 By Application
      10.5.4.2.3 By end-user

11 COMPETITIVE LANDSCAPE

11.1 INTRODUCTION
11.2 KEY PLAYER ANALYSIS OF THE GLOBAL SMALL SATELLITES MARKET
11.3 COMPETITIVE SITUATION AND TRENDS
  11.3.1 CONTRACTS
  11.3.2 NEW PRODUCT LAUNCHES
  11.3.3 PARTNERSHIPS, AGREEMENTS, COLLABORATIONS, AND JOINT VENTURES

12 COMPANY PROFILE

(Overview, Financials, Products & Services, Strategy, and Developments)*

12.1 SIERRA NEVADA CORPORATION
12.2 ST ENGINEERING LIMITED
12.3 SURREY SATELLITE TECHNOLOGY LTD.
12.4 PLANET LABS INC.
12.5 AIRBUS DEFENSE AND SPACE
12.6 NORTHROP GRUMMAN CORPORATION
12.7 SPACE EXPLORATION TECHNOLOGIES CORP. (SPACE X)
12.8 BOEING
12.9 THALES ALENIA SPACE
12.10 MILLENNIUM SPACE SYSTEMS INC.
12.11 LOCKHEED MARTIN CORPORATION
12.12 GEOOPTICS INC
12.13 ONEWEB LTD.
12.14 OHB
12.15 HARRIS CORPORTION
12.16 SPIRE GLOBAL INC.
12.17 AEROSPACE CORPORATION

*Details on overview, financials, product & services, strategy, and developments might not be captured in case of unlisted companies.

13 APPENDIX

13.1 DISCUSSION GUIDE
13.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.3 INTRODUCING RT: REAL TIME MARKET INTELLIGENCE
13.4 AVAILABLE CUSTOMIZATION
13.5 RELATED REPORTS

LIST OF TABLES

Table 1 VC FUNDING IN THE SATELLITE INDUSTRY (2015-16)
Table 2 SMALL SATELLITE MARKET SIZE, BY TYPE, 2014-2021 (USD MILLION)
Table 3 SMALL SATELLITE MARKET SIZE, BY APPLICATION, 2014-2021 (USD MILLION)
Table 4 SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 5 SMALL SATELLITE MARKET SIZE, BY CIVIL END-USER, BY REGION, 2014-2021 (USDMILLION)
Table 6 SMALL SATELLITE MARKET SIZE, BY COMMERCIAL END-USER, BY REGION, 2014-2021 (USD MILLION)
Table 7 SMALL SATELLITE MARKET SIZE, BY DEFENSE END-USER, BY REGION, 2014-2021 (USD MILLION)
Table 8 SMALL SATELLITE MARKET, BY REGION, 2014-2021 (USD MILLION)
Table 9 NORTH AMERICA: SMALL SATELLITE, BY TYPE, 2014-2021 (USD MILLION)
Table 10 NORTH AMERICA: SMALL SATELLITE, BY APPLICATION, 2016-2021 (USD MILLION)
Table 11 NORTH AMERICA: SMALL SATELLITE, BY END-USER, 2014-2021 (USD MILLION)
Table 12 NORTH AMERICA: SMALL SATELLITE, BY COUNTRY, 2014-2021 (USD MILLION)
Table 13 U.S.: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 14 US.: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 15 U.S.: SMALL SATELLITE MARKET, BY END USER, 2014-2021 (USD MILLION)
Table 16 CANADA: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 17 CANADA: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 18 CANADA: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 19 EUROPE: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 20 EUROPE: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 21 EUROPE: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 22 EUROPE: SMALL SATELLITE MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
Table 23 DENMARK: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 24 DENMARK: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 25 DENMARK: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 26 RUSSIA: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 27 RUSSIA: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 28 RUSSIA: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 29 U.K.: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 30 U.K.: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 31 U.K.: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 32 APAC.: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 33 APAC.: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 34 APAC.: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 35 APAC.: SMALL SATELLITE MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
Table 36 CHINA.: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 37 APAC.: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 38 CHINA: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 39 SINGAPORE: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 40 SINGAPORE: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 41 SINGAPORE: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 42 INDIA.: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 43 INDIA: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 44 INDIA: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 45 JAPAN: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 46 JAPAN: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 47 JAPAN: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 48 INDONESIA: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 49 INDONESIA: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 50 INDONESIA: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 51 ROW: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 52 ROW: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 53 ROW: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 54 ROW: SMALL SATELLITE MARKET, BY COUNTRY, 2014-2021 (USD MILLION)
Table 55 BRAZIL: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 56 BRAZIL: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 57 BRAZIL: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 58 IRAN: SMALL SATELLITE MARKET, BY TYPE, 2014-2021 (USD MILLION)
Table 59 IRAN: SMALL SATELLITE MARKET, BY APPLICATION, 2014-2021 (USD MILLION)
Table 60 IRAN: SMALL SATELLITE MARKET, BY END-USER, 2014-2021 (USD MILLION)
Table 61 CONTRACTS, 2010-2016
Table 62 NEW PRODUCT LAUNCHES, 2013-2015
Table 63 PARTNERSHIPS, COLLABORATIONS, AND JOINT VENTURES, 2009–2016

LIST OF FIGURES

Figure 1 SMALL SATELLITE MARKETS COVERED
Figure 2 STUDY YEARS
Figure 3 LIMITATIONS OF THE RESEARCH STUDY
Figure 4 RESEARCH DESIGN
Figure 5 BOTTOM-UP APPROACH
Figure 6 TOP-DOWN APPROACH
Figure 7 MARKET BREAKDOWN AND DATA TRIANGULATION
Figure 8 GEOGRAPHIC SNAPSHOT: SMALL SATELLITE MARKET
Figure 9 MICROSATELLITE SEGMENT EXPECTED TO WITNESS THE HIGHEST GROWTH IN THE NEAR FUTURE
Figure 10 CONTRACTS COMPRISED THE KEY GROWTH STRATEGY ADOPTED BY COMPANIES IN 2015
Figure 11 INCREASE IN THE DEMAND FOR SMALL SATELLITES, 2016-2021
Figure 12 THE MARKET FOR SMALL SATELLITES IS EXPECTED TO WITNESS SIGNIFICANT GROWTH BETWEEN 2016 AND 2021
Figure 13 THE EARTH OBSERVATION SEGMENT IS ANTICIPATED TO DRIVE THE SMALL SATELLITE MARKET DURING THE FORECAST PERIOD
Figure 14 COMMERICAL SEGMENT WILL DRIVE THE SMALL SATELLITE MARKET DURING THE FORECAST PERIOD
Figure 15 EUROPE IS EXPECTED TO WITNESS SIGNIFICANT GROWTH IN THE SMALL SATELLITE MARKET IN 2021
Figure 16 NORTH AMERICA TO WITNESS REMARKABLE GROWTH IN THE COMING YEARS
Figure 17 SMALL SATELLITE MARKET, BY TYPE
Figure 18 SMALL SATELLITE MARKET, BY APPLICATION
Figure 19 SMALL SATELLITE MARKET, BY END-USER
Figure 20 MARKET DYNAMICS FOR THE SMALL MARKET
Figure 21 SMALL SATELLITE VALUE CHAIN
Figure 22 PORTER’S FIVE FORCE ANALYSIS: SMALL SATELLITE MARKET
Figure 23 COMPANIES ADOPTED NEW PRODUCT LAUNCHES & EXPANSIONS AS KEY GROWTH STRATEGIES FROM 2011 TO 2016
Figure 24 SIERRA NEVADA CORPORATION HOLDS THE LEADING POSITION IN THE GLOBAL SMALL SATELLITES MARKET IN 2015
Figure 25 CONTRACTS ARE ONE OF THE KEY GROWTH STRATEGIES
Figure 26 SINGAPORE TECHNOLOGIES ENGINEERING LIMITED: COMPANY SNAPSHOT
Figure 27 SINGAPORE TECHNOLOGIES ENGINEERING LIMITED: SWOT ANALYSIS
Figure 28 AIRBUS DEFENSE AND SPACE: COMPANY SNAPSHOT
Figure 29 AIRBUS DEFENSE AND SPACE: SWOT ANALYSIS
Figure 30 NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT
Figure 31 NORTHROP GRUMMAN CORPORATION: SWOT ANALYSIS
Figure 32 BOEING: COMPANY SNAPSHOT
Figure 33 BOEING: SWOT ANALYSIS
Figure 34 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
Figure 35 LOCKHEED MARTIN CORPORATION: SWOT ANALYSIS
Figure 36 OHB: COMPANY SNAPSHOT
Figure 37 HARRIS CORPORATION: COMPANY SNAPSHOT


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