Small Satellite Market : Growth, Industry Trends And Global Forecast 2023 To 2032 | Airbus, L3 Harris Technologies, Planet Labs, GomSpace, Boeing

small satellite market

The Business Research Company’s Small Satellite Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Small Satellite Global Market Report 2023 evaluates small satellite market size, growth rate, drivers, trends, and major companies. 
 
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. 
 
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The global small satellite market size grew from $4.36 billion in 2022 to $5.34 billion in 2023 at a compound annual growth rate (CAGR) of 22.4%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The small satellite market size is expected to grow to $11.32 billion in 2027 at a CAGR of 20.6%. 
 
The small satellite market segments in the report are: 
1) By Type: Minisatellite, Microsatellite, Nanosatellite, Pico-Satellites, Femtosatellites 
 
2) By Orbit: Low Earth Orbit (LEO), Middle Earth Orbit (MEO), Geostationary Earth Orbit (GEO) 
 
3) By Component: Structures, Payload, Electric Power System, Solar Panel And Antenna Systems, Propulsion Systems, Other Components 
 
4) By Application: Earth Observation And Remote Sensing, Satellite Communication, Science And Exploration, Mapping And Navigation, Space Observation, Other Applications 
 
5) By End-User: Commercial, Academic, Government And Military, Other End-Users 
 
Top Major Players 
Airbus 
L3 Harris Technologies 
Planet Labs 
GomSpace 
Boeing 
 
Get More Information On The Small Satellite Market Report: 
https://www.thebusinessresearchcompany.com/report/small-satellite-global-market-report  
 
The table of contents in TBRC’s small satellite market report includes: 
1. Executive Summary 
2. Small Satellite Market Characteristics 
3. Small Satellite Market Trends And Strategies 
4. Small Satellite Market – Macro Economic Scenario 
5. Small Satellite Market Size And Growth 
………… 
26. Africa Small Satellite Market 
27. Small Satellite Market Competitive Landscape And Company Profiles 
28. Key Mergers And Acquisitions In The Small Satellite Market 
29. Small Satellite Market Future Outlook and Potential Analysis 
30. Appendix 
 
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