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Small Satellite Market - Size, Share, Outlook, and Opportunity Analysis, 2018-2026<br>
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BIOINFORMATICS PLATFORMS MARKET ANALYSIS Small Satellite Market, by Satellite Size (Minisatellite, Microsatellite, Nanosatellite, Picosatellite, and Femtosatellite), by Application Type (Earth Observation, Telecommunication, Scientific Research, Technology Demonstration), by End User (Civil, Defense, Commercial, and Government) and by Region (North America, Europe, Asia Pacific, and LAMEA) - Size, Share, Outlook, and Opportunity Analysis, 2018-2026
Introduction Small satellite is also referred as miniaturized satellite or small sat, usually under 500kg mass. Small satellites are designed for a specific missions such as geological monitoring or communications and are often laced with a single instrument. According to Coherent Market Insights’ analysis, around 6,200 new small satellite are expected to be launched during 2018 – 2028.
Market Dynamics: Increasing adoption of small satellites in earth observatory for several aspects such as weather forecast and agricultural or waste land management is expected to boost the market growth. Small sat also plays a key role in disaster management. For instance, in November 2018, Indian Space Research Organization (ISRO) launched HySIS— the earth observation satellite from its Satish Dhawan Space Center. The satellite is tasked to offer data related to agriculture, forestry, soil survey, geology, coastal zone studies, inland water studies, environmental monitoring, and pollution detection from industries.
Key features of the study: This report provides in-depth analysis of small satellite market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2018– 2026), considering 2017 as the base yearItelucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market.Thisstudy also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by key players
Detailed Segmentation: • By satellite size: • Minisatellite • Microsatellite • Nanosatellite • Picosatellite • Femtosatellite • By application type: • Earth Observation • Telecommunication • Scientific Research • Technology Demonstration
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