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The strong demand for high-resolution earth imaging, rising investment in space science, a growing number of missions by government authorities are some factors driving the growth of the market. Moreover, rising demand for small satellites for communication purposes, increasing the need for hosted payloads, and growth in the development of dedicated launch vehicles for small satellites are certain factors surging the growth of the market. In addition to this, small satellites are capable of offering enhanced earth observation finds extensive usage in several sectors such as agriculture, energy, oil & gas, civil engineering, and others. <br><br>For Additional Insights, Click to Access Complete Report u2013https://www.gmiresearch.com/report/global-small-satellite-market-nano-mini-microsatellite/
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Report Title Small Satellite Market – Global Opportunities & Forecast, 2020- 2027 GMI Research GMI Research See the Future Insights 1
This study of the market provides an overview of the existing market trends, drivers, restrictions, and metrics and also offers a viewpoint for important segments. The report also tracks product and services demand growth forecasts for the industry. The report mentions growth parameters in the regional markets along with major players dominating the regional growth. For Additional Insights, Click to Access Complete Report – https://www.gmiresearch.com/report/global-small-satellite-market-nano-mini- microsatellite/ The report offers detailed profile and data information analysis of the leading companies in the Small Satellite Market: •Boeing •Sierra Nevada Corporation (SNC) •Thales Alenia Space •Millennium Space Systems Inc. •Spire Global •Geooptics Inc. •Harris Corporation •Airbus Defence & Space •OHB AG •Lockheed Martin Corporation The key drivers of the Small Satellite Market are as follows: The strong demand for high-resolution earth imaging, rising investment in space science, a growing number of missions by government authorities are some factors driving the growth of the market. Moreover, rising demand for small satellites for communication purposes, increasing the need for hosted payloads, and growth in the development of dedicated launch vehicles for small satellites are certain factors surging the growth of the market. In addition to this, small satellites are capable of offering enhanced earth observation finds extensive usage in several sectors such as agriculture, energy, oil & gas, civil engineering, and others. 2
Based on region, the North America region is expected to grow at a higher CAGR during the forecast period due to the presence of leading players having a growing focus towards small satellite development and rising demand for earth observation small satellites. Moreover, the market for the small satellite is also projected to dominate in the Asia-Pacific region during the forecast period. The rising focus towards lowering total mission costs is a key factor that is fuelling the growth of the market in the region. The government of developing economies in the region is heavily investing in their development as these are satellites that are reliable, cheaper, and more economical. The small satellite is anticipated to register a further increase in emerging countries such as India and China. The study objectives of this report are: 1.To study and forecast the size of the market. 2.To analyze the key players, SWOT analysis, value, and market share for the leading players. 3.To define, describe, and forecast the market by different segments. 4.To analyze the market potential and advantage, opportunity and challenge, restraints and risks. Segmentation of the Small Satellite Market: Breakup by Type: •Nanosatellite •Microsatellite •Minisatellite Breakup by End-User: •Civil •Defense •Commercial Breakup by Application: •Earth Observation & Meteorology •Scientific Research & Exploration •Mapping & Navigation •Surveillance & Security 3
Breakup by Subsystem: •Structures •Payloads •Solar Panels & Antenna Systems •Electrical Power Systems (EPS) •Command & Data Handling (C&DH) •Attitude Determination & Control Systems •Propulsion Systems •Others Breakup by Region: •North America oUnited States of America oCanada •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research 4
GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the ‘Top 20 Most Promising Market Research Consultants’ list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 5