Dublin, Jan. 03, 2018 (GLOBE NEWSWIRE) -- The "Global Small Satellites Market - Analysis and Forecast: 2017 to 2021 Focus on Types, Subsystems and End Users " report has been added to Research and Markets' offering.

Small Satellites Market Reported a Revenue of $2,528.1 Million in 2016, and 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.

Clyde Space Ltd., Space Systems/Loral, LLC, Surrey Satellite Technology Ltd., Tyvak Nano-Satellite Systems, Inc., Israel Aerospace Industries Ltd., Lockheed Martin Corporation, OHB SE, and Orbital ATK, Inc. are some of the major players of the small satellites market.

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

Key Topics Covered:

Executive Summary

1 Research Scope & Methodology

2 Market Dynamics

Drivers

• Advancements in Satellite Miniaturization
• Increasing Capability of Electronic and Communication Technology
• Rise in the Demand for Small Satellite Constellations
• Increase in the Deployment of Small Satellites for Commercial End Users

Challenges

• Developing Safe, Low-Cost, and Small Payload Satellite to Launch Beyond Low-Earth Orbit
• Clean-Up and Removal of Space Debris

Opportunities

• Disaster Management - an Emerging Small Satellite Application
• Nations Developing their Own Global Navigation Satellite System (GNSS)
• Rise in Requirement of Low Cost Launching Sites for Small Launch Vehicles
• Advancements in Small Satellite Structure

3 Competitive Insights

• Key Market Developments and Strategies
• Industry Attractiveness (Porter's Five Force Analysis)
• Small Satellites Start-Ups, 2011-2016
• Competitive Benchmarking

4 Industry Analysis

• Evolution of Small Satellites and Technological Advancements Over Conventional Satellites
• Major Small Satellite Launches and Manufacturing Cost Analysis
• Regulatory Environment: Small Satellite Industry
• Patent Analysis
• Value Chain Analysis

5 Global Small Satellites Market

• Assumptions and Limitations
• Market Overview

6 Global Small Satellites Market by Type

• Femtosatellite
• Picosatellite
• Nanosatellite
• Microsatellite
• Minisatellite

7 Global Small Satellites Market, by Subsystem

• Payload
• Structure
• Telecommunication
• On-Board Computer
• Power System
• Attitude Control System
• Propulsion System

8 Global Small Satellites Market, by End User

• Academic
• Commercial
• Government
• Defense
• Non-Profit Organization

9 Global Small Satellites Market, by Region

10 Company Profiles

• Ball Corporation
• Clyde Space Ltd
• Innovative Solutions in Space BV
• Interorbital Systems
• Israel Aerospace Industries Ltd. (IAI)
• Lockheed Martin Corporation
• OHB SE
• Orbital ATK, Inc
• QinetiQ Group PLC
• Sitael S.p.A
• Space Systems/Loral, LLC (SSL)
• Surrey Satellite Technology Ltd. (SSTL)
• The Aerospace Corporation
• The Boeing Company
• Tyvak Nano-Satellite Systems, Inc

For more information about this report visit https://www.researchandmarkets.com/research/hqpc4s/global_small?w=12

CONTACT: Research and Markets
         Laura Wood, Senior Manager
         press@researchandmarkets.com
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900
         Related Topics: Satellite Communications