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Nano and Microsatellite Market is Expected to Grow at a CAGR of 22.95% by 2020

PUNE, INDIA, October 13, 2016 / -- Nano and Microsatellite Market

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Nano and microsatellites are earth-orbiting devices that have lower mass and lesser physical dimensions as compared to a conventional satellite, such as a geostationary satellite. Owing to technological advancements, as well as advances in space research, these satellites have emerged as an important tool for applications such as wireless communications networks, data gathering, scientific observations, and global positioning systems (GPS).

Research analysts forecast the global nano and microsatellite market to grow at a CAGR of 22.95% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global nano and microsatellite market for 2016-2020. To calculate the market size, the report presents the market landscape and a corresponding detailed analysis of the five major vendors operating in the market.

The market is divided into the following segments based on geography:
• Americas

Global Nano and Microsatellite Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• Dauria Aerospace
• Deep Space Industries
• Innovative Solutions In Space
• Lockheed Martin
• SpaceQuest

Other prominent vendors
• Clyde Space
• GeoOptics
• Planet Labs
• Raytheon
• RUAG Space
• Terra Bella
• Spire Global
• Terran Orbital

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