Product Code: AD040A
Title:
Global Small Satellites Market
Analysis and Forecast: 2017 to 2021 Focus on Types (Femto, Pico, Nano, Micro, and Mini), Subsystems (Payload, Structure, Telecommunication, On-Board Computer, Power System, Attitude Control System, Propulsion System), and End Users (Academic, Commercial, Government, Defense, and Non-Profit Organization).
The small satellites market reported a revenue of $2,528.1 million in 2016, and the government end user is expected to generate the highest revenue by 2021.
The small satellites market has witnessed a high growth rate owing to the advancements in satellite miniaturization, increasing capability of electronic technology, ascending demand for small satellite constellations, and increase in the deployment of small satellites for commercial end users. Recent innovations in small satellite subsystems have enabled them to reach a wider segment of consumers in the satellite industry. The companies are developing relatively low-cost small satellites, i.e., small satellites, which facilitate services almost equivalent to the traditional big satellites that serve government agencies or public sector industries. This, in effect, is expected to increase competition in the near future as well as facilitate the utilization of small satellites for varied applications. Increasing market penetration of small satellites into disaster management - an emerging small satellite application, nations developing their own Global Navigation Satellite System (GNSS), advancements in small satellite structure, and rise in the requirement of cost effective launching sites for small launch vehicles are the major factors which are expected to create lucrative opportunities for the market in the next five years. In terms of revenue, the small satellites market generated $2,528.1 million in the year 2016.
Following points provide a concrete description of the report content and the topics covered in the report:
- What was the size, in terms of revenue and volume, of the small satellites market in 2016, and what will be the growth rate during the forecast period, 2017-2021?
- What is the market size of different types of small satellites, including femto, pico, nano, micro, and mini?
- What was the market value of different subsystems of small satellites in 2016? What are the technological advancements and opportunities for the stakeholders for different subsystems?
- What is the market analysis of the end users of small satellites such as academic, government, defense, non-profit organization, and commercial, including IT & telecommunication, agriculture, oil & gas, and mining?
- What is the market analysis of the end users of small satellites, on the basis of different applications, including communication, Intelligence, Surveillance, & Reconnaissance (ISR), earth observation & remote sensing, academic research & space exploration, navigation, and technology demonstration?
- What is the market size of small satellites on the basis of different geographical regions and respective leading nations? Furthermore, what is the market size of different end users of small satellites operating in these regions?
- What are the key trends and opportunities in the small satellites market, across different regions and respective countries?
- What are the major driving forces that are expected to increase the demand of small satellites during the forecast period?
- What are the major challenges inhibiting the growth of the global small satellites market?
- What kind of new strategies are being adopted by the existing market players to make a mark in the industry?
- What is the competitive strength of the key players in the small satellites market by analyzing through competitive benchmarking model?
- How attractive is the market for different stakeholders present in the market by analyzing through Porter's Five Forces model?
- The report also provides industry insights through patent analysis, value chain model, product and pricing analysis as well as details about emerging companies ( startups) in the small satellites market
- Additionally, detailed analysis and profiling of the key market players have been covered in the report. Furthermore, the Company Profiles section covers the business financials, company snapshots, key products & services, major developments, SWOT analysis and future programs (if any) of the 15 leading players in the market
Table of Contents
Executive Summary
1. Research Scope & Methodology
2. Market Dynamics
- 2.1. Drivers
- 2.1.1. Advancements in Satellite Miniaturization
- 2.1.2. Increasing Capability of Electronic and Communication Technology
- 2.1.3. Rise in the Demand for Small Satellite Constellations
- 2.1.4. Increase in the Deployment of Small Satellites for Commercial End Users
- 2.2. Challenges
- 2.2.1. Developing Safe, Low-Cost, and Small Payload Satellite to Launch Beyond Low-Earth Orbit
- 2.2.2. Clean-Up and Removal of Space Debris
- 2.3. Opportunities
- 2.3.1. Disaster Management - an Emerging Small Satellite Application
- 2.3.2. Nations Developing their Own Global Navigation Satellite System (GNSS)
- 2.3.3. Rise in Requirement of Low Cost Launching Sites for Small Launch Vehicles
- 2.3.4. Advancements in Small Satellite Structure
3. Competitive Insights
- 3.1. Key Market Developments and Strategies
- 3.1.1. Product Launches
- 3.1.2. Partnerships, Joint Ventures, and Collaborations
- 3.1.3. Contracts
- 3.1.4. Others
- 3.2. Industry Attractiveness (Porter's Five Force Analysis)
- 3.2.1. Bargaining Power of Suppliers
- 3.2.2. Bargaining Power of Buyers
- 3.2.3. Threat of New Entrants
- 3.2.4. Threat of Substitutes
- 3.2.5. Intensity of Competitive Rivalry
- 3.3. Small Satellites Start-Ups, 2011-2016
- 3.4. Competitive Benchmarking
4. Industry Analysis
- 4.1. Evolution of Small Satellites and Technological Advancements Over Conventional Satellites
- 4.2. Major Small Satellite Launches and Manufacturing Cost Analysis
- 4.3. Regulatory Environment: Small Satellite Industry
- 4.4. Patent Analysis
- 4.5. Value Chain Analysis
5. Global Small Satellites Market
- 5.1. Assumptions and Limitations
- 5.2. Market Overview
6. Global Small Satellites Market by Type
- 6.1. Market Overview
- 6.2. Femtosatellite
- 6.3. Picosatellite
- 6.4. Nanosatellite
- 6.5. Microsatellite
- 6.6. Minisatellite
7. Global Small Satellites Market, by Subsystem
- 7.1. Market Overview
- 7.2. Payload
- 7.2.1. Advancements in Payloads for Small Satellites
- 7.2.2. Opportunities for Different Stakeholders
- 7.3. Structure
- 7.3.1. Advancements in Structure for Small Satellites
- 7.3.2. Opportunities for Different Stakeholders
- 7.4. Telecommunication
- 7.4.1. Advancements in Telecommunication for Small Satellites
- 7.4.2. Opportunities for Different Stakeholders
- 7.5. On-Board Computer
- 7.5.1. Advancements in On-Board Computer for Small Satellites
- 7.5.2. Opportunities for Different Stakeholders
- 7.6. Power System
- 7.6.1. Advancements in Power System for Small Satellites
- 7.6.2. Opportunities for Different Stakeholders
- 7.7. Attitude Control System
- 7.7.1. Advancements in Attitude Control System for Small Satellites
- 7.7.2. Opportunities for Different Stakeholders
- 7.8. Propulsion System
- 7.8.1. Advancements in Propulsion System for Small Satellites
- 7.8.2. Opportunities for Different Stakeholders
8. Global Small Satellites Market, by End User
- 8.1. Market Overview
- 8.2. Academic
- 8.2.1. Small Satellites Market Analysis for Academic End-User, by Application
- 8.3. Commercial
- 8.3.1. Small Satellites Market Analysis for Commercial End User, by Application
- 8.4. Government
- 8.4.1. Small Satellites Market Analysis for Government End User, by Application
- 8.5. Defense
- 8.5.1. Small Satellites Market Analysis for Defense End-User, by Application
- 8.6. Non-Profit Organization
- 8.6.1. Small Satellites Market Analysis for Non-Profit Organization End-User, by Application
9. Global Small Satellites Market, by Region
- 9.1. Market Overview
- 9.2. North America
- 9.2.1. North America Small Satellites Market Analysis, by End-User
- 9.2.2. The U.S. Small Satellites Market
- 9.2.3. Canadian Small Satellites Market
- 9.3. Europe
- 9.3.1. Europe Small Satellites Market Analysis, by End-User
- 9.3.2. The U.K. Small Satellites Market
- 9.3.3. Germany Small Satellites Market
- 9.3.4. France Small Satellites Market
- 9.3.5. Russian Small Satellites Market
- 9.3.6. Spain Small Satellites Market
- 9.3.7. Rest of Europe Small Satellites Market
- 9.4. Asia-Pacific
- 9.4.1. Asia-Pacific Small Satellites Market Analysis, by End User
- 9.4.2. China Small Satellites Market
- 9.4.3. Indian Small Satellites Market
- 9.4.4. Japan Small Satellites Market
- 9.4.5. South Korean Small Satellites Market
- 9.4.6. Rest of Asia-Pacific Small Satellites Market
- 9.5. Rest of the World (RoW)
- 9.5.1. Rest of the World Small Satellites Market Analysis, by End User
- 9.5.2. Middle East Small Satellites Market
- 9.5.3. Latin America Small Satellites Market
- 9.5.4. African Small Satellites Market
10. Company Profile
- 10.1. Ball Corporation
- 10.1.1. Company Overview
- 10.1.2. Product Offerings
- 10.1.3. Financials
- 10.1.4. SWOT Analysis
- 10.2. Clyde Space Ltd.
- 10.2.1. Company Overview
- 10.2.2. Product Offerings
- 10.2.3. SWOT Analysis
- 10.3. Innovative Solutions in Space BV
- 10.3.1. Company Overview
- 10.3.2. Product Offerings
- 10.3.3. SWOT Analysis
- 10.4. Interorbital Systems
- 10.4.1. Company Overview
- 10.4.2. Product Offerings
- 10.4.3. SWOT Analysis
- 10.5. Israel Aerospace Industries Ltd. (IAI)
- 10.5.1. Company Overview
- 10.5.2. Product Offerings
- 10.5.3. Financials
- 10.5.4. SWOT Analysis
- 10.6. Lockheed Martin Corporation
- 10.6.1. Company Overview
- 10.6.2. Product Offerings
- 10.6.3. Financials
- 10.6.4. SWOT Analysis
- 10.7. OHB SE
- 10.7.1. Company Overview
- 10.7.2. Product Offerings
- 10.7.3. Financials
- 10.7.4. SWOT Analysis
- 10.8. Orbital ATK, Inc.
- 10.8.1. Company Overview
- 10.8.2. Product Offerings
- 10.8.3. Financials
- 10.8.4. SWOT Analysis
- 10.9. QinetiQ Group PLC
- 10.9.1. Company Overview
- 10.9.2. Product Offerings
- 10.9.3. Financials
- 10.9.4. SWOT Analysis
- 10.10. Sitael S.p.A.
- 10.10.1. Company Overview
- 10.10.2. Product Offerings
- 10.10.3. SWOT Analysis
- 10.11. Space Systems/Loral, LLC (SSL)
- 10.11.1. Company Overview
- 10.11.2. Product Offerings
- 10.11.3. SWOT Analysis
- 10.12. Surrey Satellite Technology Ltd. (SSTL)
- 10.12.1. Company Overview
- 10.12.2. Product Offerings
- 10.12.3. SWOT Analysis
- 10.13. The Aerospace Corporation
- 10.13.1. Company Overview
- 10.13.2. Capabilities
- 10.13.3. Financials
- 10.13.4. SWOT Analysis
- 10.14. The Boeing Company
- 10.14.1. Company Overview
- 10.14.2. Product Offerings
- 10.14.3. Financials
- 10.14.4. SWOT Analysis
- 10.15. Tyvak Nano-Satellite Systems, Inc.
- 10.15.1. Company Overview
- 10.15.2. Product Offerings
- 10.15.3. SWOT Analysis
11. Appendix
List of Tables
- Table 2.1. Major Satellite Constellation Launches: 1990 - 2020
- Table 2.2. Small Satellites: Remote Sensing for Disaster Management
- Table 2.3. GNSS Operational Constellations
- Table 2.4. Operational Launch Sites
- Table 3.1. Recent Product Launches
- Table 3.2. Partnerships, Joint Ventures, and Collaborations
- Table 3.3. Contracts
- Table 3.4. Others
- Table 3.5. Small Satellites Emerging Start-Ups, 2010 - 2015
- Table 4.1. Major Small Satellite Launches: 2016 - 2021
- Table 4.2. Manufacturing Cost of Small Satellites, 2016
- Table 4.3. Patent Analysis: System for Space-Based Micro Defragmentation Satellites
- Table 4.4. Patent Analysis: Combined Satellite Navigation Method
- Table 4.5. Patent Analysis: Domestic Small-Sized Satellite Receiver Fixing Frame
- Table 4.6. Patent Analysis: Deployment and Control Algorithms for Wheel Cluster Formations of Satellites
- Table 4.7. Patent Analysis: Miniature Release Mechanism or Diminutive Assembly for Nanosatellite Deployable (DANY)
- Table 5.1. Classification of Satellites
- Table 6.1. Global Small Satellites Market by Type, 2016-2021
- Table 7.1. Global Small Satellites Market, by Subsystem, 2016-2021
- Table 8.1. Global Small Satellites Market, by End User, 2016-2021
- Table 9.1. Global Small Satellites Market, by Region, 2016-2021
List of Figures
- Figure 2.1. Global Small Satellites Market: Impact Analysis on Market Drivers, Challenges, and Opportunities
- Figure 2.2. Small Satellites: Growth Roadmap
- Figure 2.3. Small Satellite Launches for Commercial End User, 2007-2016
- Figure 2.4. 3D Printing Scenario for Different Industries
- Figure 3.1. Some of the Organic and Inorganic Growth Strategies Adopted in the Market
- Figure 3.2. Share of Key Developments and Strategies
- Figure 3.3. Number of Strategic Developments by Leading Space Organizations and Companies, 2014 - 2017
- Figure 3.4. Small Satellites: Porter's Five Forces
- Figure 3.5. Bargaining Power of Suppliers
- Figure 3.6. Bargaining Power of Buyers
- Figure 3.7. Threat of New Entrants
- Figure 3.8. Threat of Substitutes
- Figure 3.9. Intensity of Competitive Rivalry
- Figure 4.1. Small Satellites System vs. Traditional Satellite System
- Figure 4.2. Impacts of Small Satellites Technological Developments on the Mission Cost
- Figure 4.3. Small Satellite Project: Space-Specific Legal and Regulatory Issues
- Figure 4.4. Number of Patents Published in Global Small Satellites Market: 2010-2017
- Figure 4.5. Small Satellites: Value Chain Analysis
- Figure 4.6. Small Satellites: Upstream and Downstream Process
- Figure 4.7. Small Satellites: Manufacturing Cost Scenario with Respect to Different Subsystems
- Figure 5.1. Global Small Satellite Market by Value and Volume, 2016-2021
- Figure 6.1. Classification of Small Satellites Market by Type
- Figure 6.2. Global Small Satellites Market by Type, 2016 and 2021
- Figure 6.3. Global Femtosatellite Market Size, 2016-2021
- Figure 6.4. Global Picosatellite Market Size, 2016-2021
- Figure 6.5. Picosatellite Launches in 2017
- Figure 6.6. Global Nanosatellite Market Size, 2016-2021
- Figure 6.7. Nanosatellite Launches in 2017
- Figure 6.8. Global Microsatellite Market Size, 2016-2021
- Figure 6.9. Microsatellite Launches in 2017
- Figure 6.10. Global Minisatellite Market Size, 2016-2021
- Figure 6.11. Minisatellite Launches in 2017
- Figure 7.1. Classification of Small Satellites Market by Subsystem
- Figure 7.2. Global Small Satellites Market, by Subsystem, 2016 and 2021
- Figure 7.3. Global Small Satellites Market, by Payload Subsystem, 2016-2021
- Figure 7.4. Penetration of Payload Subsystem in the Global Small Satellites Market, 2016-2021 (%)
- Figure 7.5. Global Small Satellites Market, by Structure Subsystem, 2016-2021
- Figure 7.6. Penetration of Structure Subsystem in the Global Small Satellites Market, 2016-2021 (%)
- Figure 7.7. Global Small Satellites Market, by Telecommunication Subsystem, 2016-2021
- Figure 7.8. Penetration of Telecommunication Subsystem in the Global Small Satellites Market, 2016-2021 (%)
- Figure 7.9. Global Small Satellites Market, by On-Board Computer Subsystem, 2016-2021
- Figure 7.10. Penetration of On-Board Computer Subsystem in the Global Small Satellites Market, 2016-2021 (%)
- Figure 7.11. Global Small Satellites Market, by Power Subsystem, 2016-2021
- Figure 7.12. Penetration of Power Subsystem in the Global Small Satellites Market, 2016-2021 (%)
- Figure 7.13. Global Small Satellites Market, by Attitude Control Subsystem, 2016-2021
- Figure 7.14. Penetration of Attitude Control Subsystem in the Global Small Satellites Market, 2016-2021 (%)
- Figure 7.15. Global Small Satellites Market, by Propulsion Subsystem, 2016-2021
- Figure 7.16. Penetration of Propulsion Subsystem in the Global Small Satellites Market, 2016-2021 (%)
- Figure 8.1. Classification of Small Satellites Market by End-User
- Figure 8.2. Global Small Satellites Market, by End User, 2016 and 2021
- Figure 8.3. Global Small Satellites Market, by Academic End User, 2016-2021
- Figure 8.4. Global Small Satellites Market Analysis for Academic End User, by Application, 2016-2021 ($Million)
- Figure 8.5. Small Satellites Launched by Academic End-Users, 2011-2017
- Figure 8.6. Global Small Satellites Market, by Commercial End-User, 2016-2021
- Figure 8.7. Global Small Satellites Market Analysis for Commercial End-User, by Application, 2016-2021 ($Million)
- Figure 8.8. Small Satellites Launched by Commercial End Users, 2011-2017
- Figure 8.9. Global Small Satellites Market, by Government End-User, 2016-2021
- Figure 8.10. Global Small Satellites Market Analysis for Government End User, by Application, 2016-2021 ($Million)
- Figure 8.11. Small Satellites Launched by Government End Users, 2011-2017
- Figure 8.12. Global Small Satellites Market, by Defense End-User, 2016-2021
- Figure 8.13. Global Small Satellites Market Analysis for Defense End User, by Application, 2016-2021 ($Million)
- Figure 8.14. Small Satellites Launched by Defense End Users, 2011-2017
- Figure 8.15. Global Small Satellites Market, by Non-Profit Organization End-User, 2016-2021
- Figure 8.16. Small Satellites Launched by Non-Profit Organization End-Users, 2017-2018
- Figure 9.1. Classification of Small Satellites Market by Region
- Figure 9.2. Global Small Satellites Market, by Region, 2016-2021 ($Million)
- Figure 9.3. North America Small Satellites Market, by Country
- Figure 9.4. North America Small Satellites Market Analysis, by End-User
- Figure 9.5. U.S. Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.6. Canadian Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.7. Europe Small Satellites Market, by Country
- Figure 9.8. Europe Small Satellites Market Analysis, by End-User
- Figure 9.9. U.K. Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.10. Germany Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.11. France Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.12. Russian Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.13. Spain Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.14. Rest of Europe Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.15. Asia-Pacific Small Satellites Market, by Country
- Figure 9.16. Asia-Pacific Small Satellites Market Analysis, by End User
- Figure 9.17. China Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.18. Indian Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.19. Japan Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.20. South Korean Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.21. Rest of Asia-Pacific Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.22. Rest of the World Small Satellites Market, by Region
- Figure 9.23. Rest of the World Small Satellites Market Analysis, by End-User
- Figure 9.24. Middle East Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.25. Latin America Small Satellites Market Size, 2016-2021 ($Million)
- Figure 9.26. African Small Satellites Market Size, 2016-2021 ($Million)
- Figure 10.1. Ball Corporation: Product Offerings
- Figure 10.2. Ball Corporation - Overall Financials, 2014-2016
- Figure 10.3. Ball Corporation - Revenue by Business Segment, 2014-2016
- Figure 10.4. Ball Corporation - Share in Overall Revenue, by Region, 2014-2016
- Figure 10.5. Clyde Space Ltd.: Product Offerings
- Figure 10.6. Innovative Solutions in Space BV: Product Offerings
- Figure 10.7. Interorbital Systems: Product Offerings
- Figure 10.8. Israel Aerospace Industries Ltd.: Product Offerings
- Figure 10.9. Israel Aerospace Industries Ltd. - Overall Financials, Q1 2017 - Q2 2017
- Figure 10.10. Israel Aerospace Industries Ltd. - Revenue by Business Segment, 2014-2016
- Figure 10.11. Lockheed Martin Corporation: Product Offerings
- Figure 10.12. Lockheed Martin Corporation - Overall Financials, 2014-2016
- Figure 10.13. Lockheed Martin Corporation - Revenue by Business Segment, 2014-2016
- Figure 10.14. Lockheed Martin Corporation - Share in Overall Revenue by Region, 2014-2016
- Figure 10.15. OHB SE: Product Offerings
- Figure 10.16. OHB SE - Overall Financials, 2014-2016
- Figure 10.17. OHB SE - Revenue by Business Segment, 2014-2016
- Figure 10.18. OHB SE - Share in the Overall Revenue by Region, 2014-2016
- Figure 10.19. Orbital ATK, Inc.: Product Offerings
- Figure 10.20. Orbital ATK, Inc. - Overall Financials, 2014-2016
- Figure 10.21. Orbital ATK, Inc. - Revenue by Business Segment, 2014-2016
- Figure 10.22. QinetiQ Group PLC: Product Offerings
- Figure 10.23. QinetiQ Group PLC - Overall Financials, 2014-2016
- Figure 10.24. QinetiQ Group PLC - Revenue by Business Segment, 2014-2016
- Figure 10.25. QinetiQ Group PLC - Share in Overall Revenue by Region, 2014-2016
- Figure 10.26. Sitael S.p.A.: Product Offerings
- Figure 10.27. Space Systems/Loral, LLC: Product Offerings
- Figure 10.28. Surrey Satellite Technology Ltd.: Product Offerings
- Figure 10.29. The Aerospace Corporation: Capabilities
- Figure 10.30. The Aerospace Corporation - Overall Financials, 2014-2016
- Figure 10.31. The Boeing Company: Product Offerings
- Figure 10.32. The Boeing Company - Overall Financials, 2014-2016
- Figure 10.33. The Boeing Company - Revenue by Business Segment, 2014-2016
- Figure 10.34. The Boeing Company - Share in Overall Revenue by Region, 2014-2016
- Figure 10.35. Tyvak Nano-Satellite Systems, Inc.: Product Offerings
