About Nano and Microsatellite
Nanosatellite and microsatellite are miniaturized satellites in terms of size and weight. The terms nanosatellite and microsatellite refer to satellites in the range of 1-10 Kg and 10-100 kg, respectively. These are the fastest growing segments in the satellite industry. 'CubeSat' is one of the most popular type of miniaturized satellites.
Increased demand propels the growth of the market in APAC, the Americas, and EMEA, which are expected to grow at CAGR of 29.67%, 26.12%, and 13.40%, respectively. In 2014, the market was led by EMEA with a 40.31% share of the market, followed by the Americas and APAC with shares of 34.04% and 25.65%, respectively.
The growing utilization of miniaturized satellites for military and defense applications has been one of the contributors to the growth of the market. The military needs more data bandwidth and reliable communications infrastructure for its UAVs, which can be fulfilled using constellations of nano and microsatellites. There has also been increased demand from commercial applications such as GPS services and Internet. One of the major advantages of nano and microsatellites is the low cost of building and operating these satellites.
Technavio's analysts forecast the global nano and microsatellite market to grow at CAGR of 22.87% and 25.48%, in terms of revenue and number of satellites, respectively, during the period 2014-2019.
Covered in this report
In addition, the report discusses the major drivers that influence the growth of the global nano and microsatellite market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.
Technavio's report, Global Nano and Microsatellite Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It also covers the regional nano and microsatellite market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• Dauria Aerospace
• DSI
• ISIS
• Planet Labs
• SpaceQuest
Other prominent vendors
• Axelspace
• Clyde Space
• Dynetics
• GeoOptics
• GomSpace
• Novanano
• Raytheon
• Ruag Space
• Sierra Nevada
• Skybox Imaging
• Spire
• Surrey Satellite Technology
• Tyvak Nano-Satellite Systems
Market Driver
• Increased utilization in military and defense applications
• For a full, detailed list, view our report
Market Challenge
• Design and manufacturing challenges
• For a full, detailed list, view our report
Market Trend
• All-electric propulsion system for satellites
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2019 and what will the growth rate be?
• What are the Key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
1 Executive Summary
2 List of Abbreviations
3 Scope of the Report
3.1 Market overview
3.2 Product offerings
4 Market Research Methodology
4.1 Market research process
4.2 Research methodology
5 Introduction
6 Market Landscape
6.1 Market size and forecast by revenue
6.2 Market size and forecast by number of satellites
6.3 Five forces analysis
7 Market Segmentation by Application
7.1 Segmentation of global nano and microsatellite market by application
8 Market Segmentation by End-users
8.1 Segmentation of global nano and microsatellite market by end-users
9 Geographical Segmentation
9.1 Segmentation of global nano and microsatellite market by geography
9.2 Nano and microsatellite market in EMEA
09.2.1 Market size and forecast
9.3 Nano and microsatellite market in Americas
09.3.1 Market size and forecast
9.4 Nano and microsatellite market in APAC
09.4.1 Market size and forecast
10 Buying Criteria
11 Market Growth Drivers
12 Drivers and their Impact
13 Market Challenges
14 Impact of Drivers and Challenges
15 Market Trends
16 Trends and their Impact
17 Vendor Landscape
17.1 Competitive scenario
17.2 Other prominent vendors
18 Key Vendor Analysis
18.1 Dauria Aerospace
18.1.1 Key facts
18.1.2 Business overview
18.1.3 Satellite projects
18.1.4 Recent developments
18.1.5 SWOT analysis
18.2 DSI
18.2.1 Key facts
18.2.2 Business overview
18.2.3 Recent developments
18.2.4 SWOT analysis
18.3 ISIS
18.3.1 Key Facts
18.3.2 Business Overview
18.3.3 Key Products and Services
18.3.4 Recent Developments
18.3.5 SWOT Analysis
18.4 Planet Labs
18.4.1 Key facts
18.4.2 Business overview
18.4.3 SWOT analysis
18.5 SpaceQuest
18.5.1 Key Facts
18.5.2 Business Overview
18.5.3 Recent Developments
18.5.4 SWOT Analysis
19 Other Reports in this Series
List Of Exhibits
Exhibit 1: Market research methodology
Exhibit 2: Global nano and microsatellite market 2014-2019($ billion)
Exhibit 3: Global nano and microsatellite market 2014-2019 (No. of satellites)
Exhibit 4: Segmentation of global nano and microsatellite market by application 2014
Exhibit 5: Segmentation of global nano and microsatellite market by end-users 2014
Exhibit 6: Segmentation of global nano and microsatellite market by geography 2014 and 2019
Exhibit 7: Nano and microsatellite market in EMEA 2014-2019 ($ billion)
Exhibit 8: Nano and microsatellite market in Americas 2014-2019($ billion)
Exhibit 9: Nano and microsatellite market in APAC 2014-2019 ($ billion)
Exhibit 10: Key vendors in global nano and microsatellite market
Exhibit 11: Dauria Aerospace: satellite projects
Exhibit 12: ISIS: Key Products and Services
