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DATE
APR 2021
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HIGHLIGHTS & REPORT INDEX
Global Nanosatellite and Microsatellite Market to Reach $5.5 Billion by 2026
Amid the COVID-19 crisis, the global market for Nanosatellite and Microsatellite estimated at US$1.8 Billion in the year 2020, is projected to reach a revised size of US$5.5 Billion by 2026, growing at a CAGR of 20.4% over the analysis period. Hardware, one of the segments analyzed in the report, is projected to record a 16.2% CAGR and reach US$1.3 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Software & Data Processing segment is readjusted to a revised 21.7% CAGR for the next 7-year period.
The U.S. Market is Estimated at $663.1 Million in 2021, While China is Forecast to Reach $988 Million by 2026
The Nanosatellite and Microsatellite market in the U.S. is estimated at US$663.1 Million in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$988 Million by the year 2026 trailing a CAGR of 20.2% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.1% and 17.6% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 14.5% CAGR.
Services Segment to Reach US$1.9 Billion by the year 2026
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 23.6% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$420.9 Million in the year 2020 will reach a projected size of US$1.9 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets.
SELECT PLAYERS
Innovative Solutions In Space; Lockheed Martin Corporation; Planet Labs, Inc.; Raytheon Company; RUAG Holding AG; Sierra Nevada Corporation; SpaceQuest Ltd.
SEGMENTS
» Component (Hardware, Software & Data Processing, Services, Launch Services) » Vertical (Commercial, Civil, Government, Defense, Other Verticals)
GEOGRAPHIES
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| Influencer Market Insights |
| World Market Trajectories |
| Impact of Covid-19 and a Looming Global Recession |
| 2. FOCUS ON SELECT PLAYERS |
| 3. MARKET TRENDS & DRIVERS |
| 4. GLOBAL MARKET PERSPECTIVE |
| World Current & Future Analysis for Nanosatellite and Microsatellite by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Nanosatellite and Microsatellite by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027 |
| World Current & Future Analysis for Hardware by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Hardware by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Software & Data Processing by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Software & Data Processing by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Launch Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Launch Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for GOVERNMENT by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for GOVERNMENT by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for CIVIL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for CIVIL by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for COMMERCIAL by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for COMMERCIAL by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for DEFENSE by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for DEFENSE by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| World Current & Future Analysis for Other Verticals by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| World 7-Year Perspective for Other Verticals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027 |
| III. MARKET ANALYSIS |
| UNITED STATES |
| USA Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| USA Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| USA 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| CANADA |
| Canada Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Canada Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Canada 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| JAPAN |
| Japan Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Japan Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Japan 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| CHINA |
| China Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| China Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| China 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| EUROPE |
| Europe Current & Future Analysis for Nanosatellite and Microsatellite by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Nanosatellite and Microsatellite by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027 |
| Europe Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Europe Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Europe 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| FRANCE |
| France Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| France Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| France 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| GERMANY |
| Germany Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Germany Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Germany 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| ITALY |
| Italy Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Italy Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Italy 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| UNITED KINGDOM |
| UK Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| UK Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| UK 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| REST OF EUROPE |
| Rest of Europe Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Rest of Europe Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of Europe 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| ASIA-PACIFIC |
| Asia-Pacific Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Asia-Pacific Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Asia-Pacific 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| REST OF WORLD |
| Rest of World Current & Future Analysis for Nanosatellite and Microsatellite by Component - Hardware, Software & Data Processing, Services and Launch Services - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Nanosatellite and Microsatellite by Component - Percentage Breakdown of Value Sales for Hardware, Software & Data Processing, Services and Launch Services for the Years 2020 & 2027 |
| Rest of World Current & Future Analysis for Nanosatellite and Microsatellite by Vertical - GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR |
| Rest of World 7-Year Perspective for Nanosatellite and Microsatellite by Vertical - Percentage Breakdown of Value Sales for GOVERNMENT, CIVIL, COMMERCIAL, DEFENSE and Other Verticals for the Years 2020 & 2027 |
| IV. COMPETITION |
| Total Companies Profiled: 26 |
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