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Small Satellite Market on a Steady Growth Trail; FMI Provides Projections in Light of COVID-19 Pandemic in its New Revis

The global market for small satellite is foreseen to expand at a stellar pace during the next decade. Over the assessment period 2018-2028, global sales of the US$ 2.31 Bn market are expected to attain a value worth US$ 8.94 Bn. Moreover, surging adoption for low-earth orbit services is said to be a prominent factor that will foster the market growth over 2018-2028

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Small Satellite Market on a Steady Growth Trail; FMI Provides Projections in Light of COVID-19 Pandemic in its New Revis

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  1. Sales of Small Satellite Market to Follow a Downward Trend Post 2028, with Continued Impact of COVID-19 Outbreak, Concludes a New FMI Study Sep 2020 Report Id : REP-GB-3298 Published On : 22-March-2018 @futuremarketins I Category : Electronics, Semiconductors, and ICT www.futuremarketinsights.com I /company/future-market-insights © 2019 Future Market Insights, All Rights Reserved www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights

  2. About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights,aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology,Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solutionfor our client. Research Capabilities Sector Coverage             Customized Research Syndicated Research Investment Research Social Media Research Automotive and Transportation Electronics, Semiconductor, and ICT Retail and Consumer Products Industrial Automation and Equipment Chemicals & Materials Food and Beverages Services and Utilities Energy, Mining, Oil, and Gas Customized Research Subscription Information Syndicated Research For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) Investment Research T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Social Media Research Email: hari.t@futuremarketinsights.com www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 2 © 2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Systematic Research Approach 1 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. Research & Intelligence Data Collection Data Filter & Analysis Actionable Insights Business Solution Market profiling 2 FMI formulates a detailed discussion guide to conduct expert and industry interviews     Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain Formulating discussion guide 3 A FMI develops a list of industry players (manufacturers), distributors, retailers and industry experts Primary Research       Key industry experts Channel study Developments Market dynamics Products Conclusions Developing list of respondents B 4 FMI conducts interviews with industry experts, industry players, distributors and retailers SOLUTION Desk Research Data collection      Market participants Key strengths Product portfolio Mapping as per value chain Key focus segments C Company Analysis Data is validated by triangulation method, wherein secondary, primary and FMI analysis contribute to the final data 5 Data validation 6 Data is scrutinized using MS-Excel to obtain qualitative and quantitative insights about the industry Data analysis Primary Research# Secondary Research # Paid Publications#           Linkedin Zoominfo Salesforce Avention Company websites Company annual reports White papers Financial reports Factiva GBI Genios Meltwater 7 FMI delivers industry insights and information in the required format (PDF) Insights   # includes sources of databases www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 3 © 2019 Future Market Insights, All Rights Reserved

  4. Small Satellite Market Analysis Small satellites are becoming more attractive, as they enable missions that cannot be accomplished by large satellites, such as high temporal and spatial resolution by gathering data from multiple points, in-orbit inspection of large satellites, and space missions consisting of a large number of satellites forming constellations. Small satellites enable missions in navigation, communication, remote sensing, and scientific research for civilian, commercial, and military purposes. Future Market Insights in its newly published report assesses the global small satellites market over a 10 year forecast period – 2018-2028. Report Overview This report presents an analysis about the current trends and ongoing developments in the small satellite market. Small satellites are artificial satellites with lower weights and smaller sizes, and are becoming more attractive in recent years due to lower development costs and shorter lead times as compared to large satellites. Request a Sample of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-3298 www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 4 © 2019 Future Market Insights, All Rights Reserved

  5. Small Satellite Market Analysis In the past few years, space systems and technologies have become a crucial part of the economic, scientific, and security capabilities of countries across the world. Various government and private organizations in the world are now focused on capitalizing on space systems to improve operational effectiveness, and to enhance homeland security and digital communication capabilities. Scope of the Report The scope of this market study includes the manufacturing of small satellite. Satellite- related services in consumer and commercial domains such as satellite TV and cellular communication, launch vehicle services, and ground equipment have been excluded from the scope of this market study. The research methodology of the market study includes extensive primary and secondary research. Various surveys were conducted with small satellite manufacturers and industry experts to understand the value chain and critical driving factors of the small satellite market. Desk research was conducted to identify current market trends and ongoing developments in the market. Market Segmentation www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 5 © 2019 Future Market Insights, All Rights Reserved

  6. Small Satellite Market Analysis The market has been segmented in two broader categories: satellite type and end user. The satellite type segment is further segmented into mini-satellites, micro-satellites, nano- satellites, and pico-satellites. Among these, the nano-satellites segment is expected to grow at a relatively higher CAGR during the forecast period, owing to an increase in the demand for nano-satellites in various applications such as earth observation, research & development, and remote sensing. The nano-satellites segment is also expected to capture a market share of 43.0% during the forecast period. Among the end user segments, the commercial segment is expected to grow at a CAGR of 13.9% during the forecast period, as small satellites are now being increasingly used in several commercial applications such as air & maritime monitoring, communications, land use monitoring, agriculture monitoring, and disaster monitoring. The decrease in the prices of launch services and the increasing need for surveillance in defense are some of the primary factors which are fuelling the growth of the small satellite market. North America is expected to hold more than 50% of the market share in 2018. One of the major reasons for the dominance of North America is that, most satellite manufacturers are based in the U.S., and are delivering small satellites to various public and private organizations across the globe. www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 6 © 2019 Future Market Insights, All Rights Reserved

  7. Small Satellite Market Analysis However, the SEA & others market in the APAC region is expected to create more potential growth opportunities for the small satellite market in the coming few years, owing to the increasing demand for small satellites in India and ASEAN countries. Request for Reports Methodology @ https://www.futuremarketinsights.com/reports/small-satellite-market#idMethodology The final section of the report focuses on the profiles of leading companies in the global marketplace for small satellites. The market study also presents some recommendations for market stockholders. In brief, these recommendations encourage consultation between small satellite manufacturers, for which technological advancements should be an agenda issue, and professional bodies in non-satellite manufacturing sectors, such as media & entertainment and telecommunication services. All stockholders in the small satellite industry should work in collaboration and exchange their resources in order to improve the quality of services that are being offered through small satellites. Click here to Order a free sample For more insights on the Small Satellite Market, you can request a report sample with full TOC www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 7 © 2019 Future Market Insights, All Rights Reserved

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact: Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Future Market Insights Global & Consulting Private Limited (FMI) Thank You www.futuremarketinsights.com I @futuremarketins I /company/future-market-insights 8 © 2019 Future Market Insights, All Rights Reserved

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