There were 33 press releases posted in the last 24 hours and 170,732 in the last 365 days.

Small Satellite Market Size to Reach USD 18.30 Billion by 2026; Rising Integration of the Internet of Things (IoT) to Propel Growth, says Fortune Business Insights™

Key Companies Covered in Small Satellite Market Research Report are Sierra Nevada Corporation, Singapore Technologies Engineering Limited, Surrey Satellite Technology LTD., Planet Labs Inc., Airbus S.A.S, Northrop Grumman Systems Corporation, Space Exploration Technologies Corp. (Space X), Boeing, Thales Alenia Space, Millennium Space Systems Inc., Lockheed Martin Corporation, Geooptics Inc., Oneweb LTD., and Harris Corporation

/EIN News/ -- Pune, Jan. 13, 2020 (GLOBE NEWSWIRE) -- The global Small Satellite Market size expected to reach USD 18.30 Billion by 2026, exhibiting a CAGR of 20.28% during the forecast period. The rising integration of the Internet of Things (IoT) in various industries will boost the Small Satellite Market growth in the forthcoming years. As IoT provides secure and high-availability data services for professional users along with high level of service reliability for active IoT deployments has led to the higher implementation of IoT. Additionally, the connectivity offered by (IoT) in industrial application for machine control & production of satellites will create new opportunities for the market in the foreseeable future.

According to the report, published by Fortune Business Insights, in a report, titled “Global Small Satellite Market Size, Share & Industry Analysis, Type (Mini Satellite, Micro Satellite, and Nano Satellite), By Component (Structure, Payload, Electric Power System, Solar Panel and Antenna Systems, Propulsion Systems, and others), By Application (Communication, Earth Observation, Navigation, Technology Development, and Others), By End User (Commercial, Military, Civil, and Government) and Regional Forecast, 2019-2026” the market size was valued at USD 4.18 Billion in 2018.


To gain more insights into the market with detailed table of content and figures, Click Here:
https://www.fortunebusinessinsights.com/industry-reports/small-satellite-market-101917


List of the Major Companies in the Global
Small Satellite Market Include:

  • Sierra Nevada Corporation
  • Singapore Technologies Engineering Limited
  • Surrey Satellite Technology LTD.
  • Planet Labs Inc.
  • Airbus S.A.S
  • Northrop Grumman Systems Corporation
  • Space Exploration Technologies Corp. (Space X)
  • Boeing
  • Thales Alenia Space
  • Millennium Space Systems Inc.
  • Lockheed Martin Corporation
  • Geooptics Inc.
  • Oneweb LTD.
  • Harris Corporation


Get Sample PDF Brochure:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/small-satellite-market-101917


The Small Satellite Market report performs a SWOT analysis and PESTEL study to uncover the stability, limitations, openings, and risks in the small satellite industry. Combining the Small Satellite Market analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the market all told its geographical and merchandise segments. Moreover, it also displays different procedures and strategies, benefactors and dealers working in the market, explores components convincing market development, generation patterns, and following systems. Nonetheless, the figures and topics covered in this report are both all-inclusive and reliable.

Increasing Deployment of 5G Network to Contribute Healthy Growth

The enhancement and improvement in communication networks have presented the pioneering 5G technology, which offers new applications and services through high gigabit speed. After 2G, 3G, and 4G mobile networks, the upgraded 5G network will provide an enhanced range of high-speed broadband services. 5G will have its application in high altitude platform systems (HAPS) and satellite technology. HAPS and satellite systems will be able to deliver high data rates to terrestrial wireless backhaul networks outside major urban as well as suburban areas. These factors together are expected to spur demand for 5G networks, which will, in turn, aid the expansion of the market in the forthcoming years.

Furthermore, the development of smart cities and IoT through the deployment of low-power sensor networks such as 5G will subsequently enable the growth of the market. In addition, high security and robustness of 5G will be used for public safety and during mission-critical services, such as healthcare, smart grids, energy, and power utilities.

Contract Between Lockheed Martin Corporation and the U.S. Air Force to Spur Growth Opportunities

The increasing collaborations between key players and government organizations will bolster the Small Satellite Market growth in the foreseeable future. For instance, Raytheon Company (US) and the U.S. Air Force signed a contract with a valuation of USD 37 million to support anti-jamming efforts for satellite communications. Furthermore, the growing concerns regarding national safety and security will boost the Small Satellite Market trends during the forecast period. For instance, In November 2019, Lockheed Martin Corporation. and the U.S. Air Force Space and Missile Systems Center signed a contract with a valuation of USD 3,300 million for support services on classified military communications satellites.

Moreover, the launch of an orbit surveillance satellite by the Indian Space Research Organisation (ISRO) will boost the Small Satellite Market share in the forthcoming years. For instance, In 2019, the Polar Satellite Launch Vehicle (PSLV) technology used by the Indian Space Research Organisation (ISRO). PSLV C-45 satellite is a low-earth orbit surveillance satellite, mainly launched for military purposes, and helps to monitor the locations of enemy radar sites deep in their territory.

Surge in Satellite Communications to Facilitate Growth in North America

North America was valued at USD 2.57 Billion in 2018 and is predicted to lead the market during the forecast period. The rising adoption of the triband antenna will have a positive impact on the market in North America. Furthermore, the introduction of SKYWAN technology by NASA, a unique hybrid modem which competes with MF-TDMA and DVB-S2X, allowing for real-time transmission with high throughput, the best transport per application will augment healthy growth of the market in the forthcoming years.


Request for Customization https://www.fortunebusinessinsights.com/enquiry/customization/small-satellite-market-101917


Detailed Table of Content:

  • Introduction
    • Research Scope
    • Market Segmentation
    • Research Methodology
    • Definitions and Assumptions
  • Executive Summary
  • Market Dynamics
    • Market Drivers
    • Market Restraints
    • Market Opportunities
  • Key Insights
    • Key Industry Developments – Key Contracts & Agreements, Mergers, Acquisitions and Partnerships
    • Latest technological Advancements
    • Porters Five Forces Analysis
    • Value Chain/Supply Chain Analysis
  • Global Small Satellite Market Analysis, Insights and Forecast, 2015-2026
    • Key Findings / Summary
    • Market Analysis, Insights and Forecast – By Type
      • Mini Satellite
      • Micro Satellite
      • Nano Satellite
    • Market Analysis, Insights and Forecast – By Component
      • Structures
      • Payload
      • Electric Power System
      • Solar Panel and Antenna Systems
      • Propulsion Systems
      • Others
    • Market Analysis, Insights and Forecast – By Application
      • Communication
      • Earth Observation
      • Navigation
      • Technology Development
      • Others
    • Market Analysis, Insights and Forecast – By End User
      • Commercial
      • Military
      • Civil
      • Government
    • Market Analysis, Insights and Forecast – By Region
      • North America
      • Europe
      • Asia-Pacific
      • Rest of the world

TOC Continued…!


Order a Single User License Copy: https://www.fortunebusinessinsights.com/checkout-page/101917


Have a Look at Related Reports for Small Satellite Market:

Satellite Payload Market Size, Share & Industry Analysis, By Payload Type (Navigation, Communication, Imaging), By Vehicle Type (Small, Medium, Heavy), By Orbit Type (GEO, LEO, MEO), By End-Use (Commercial, Military) and Regional Forecast, 2019-2026

Space Launch Services Market Size, Share & Industry Analysis, By Payload (Satellite, Stratollite, Cargo, Human Spacecraft, and Testing Probes) By Orbit (LEO, MEO, GEO, and Beyond GEO), By Launch Platform (Land, Air, and Sea), By Vehicle Type (Small Lift Launch Vehicle, Medium-to-Heavy Lift Launch Vehicles), By End User (Commercial, and Military & Government) and Regional Forecast, 2019-2026

Avionics Market Size, Share & Industry Analysis, By System (Hardware Systems (Flight Management System (FMS), Communication, Navigation, and Surveillance (CNS), Electrical System, Emergency System, Health Monitoring System, Collision Avoidance System, Weather System) and Software Systems), Platform (Commercial, Military, Business Jets, General Aviation), End-Use (OEM and Aftermarket), and Regional Forecast, 2019-2026

Military Antenna Market Size, Share & Industry Analysis, By Frequency (High Frequency, Ultra-High Frequency, Super High Frequency, and Extremely High Frequency), By Type (Dipole Antennas, Aperture Antennas, Travelling Wave Antennas, Loop Antennas, and Array Antennas), By Platform (Airborne, Marine, and Ground), By Application (Communication, Surveillance, SATCOM, Electronic Warfare, and Telemetry), and Regional Forecast, 2019-2026

Military Radar Market Size, Share & Industry Analysis, By Platform (Land Radar, Naval Radar, and Airborne Radar), By Range (Long, Medium, Short, and Very Short), By Application (Airspace Monitoring & Traffic Management, Weapon Guidance, Ground Surveillance & Intruder Detection), By Frequency Band (UHF/VHF, L-Band, S-Band), By Components (Antenna, Transmitter, Receiver), and Regional Forecast 2019-2026

Aircraft Engine Market Size, Share & Industry Analysis, By Engine Type (Turboprop, Turboshaft, Turbofan, Piston Engine), By Technology (Conventional Engine and Electric/Hybrid Engine), By End-user (Commercial, Military, and General Aviation), By Component (Compressor, Turbine, Gear Box, Exhaust Nozzle, Fuel System, and Others), and Regional Forecast 2018-2026

Helicopter Market Size, Share & Industry Analysis, By Type (Civil & Commercial and Military), By Application (Emergency Medical Services (EMS), Corporate Services, Search and Rescue Operation, Oil and Gas, Defense, Homeland Security), By System (Airframe, Engine, Avionics, Landing Gear System, and Cabin Interiors), By Weight (Light Weight, Medium Weight, and Heavy Weight), By Point of Sale (OEMs and Aftermarket), and Regional Forecast 2019-2026

Aerospace 3D Printing Market Size, Share & Industry Analysis, By Vertical (Printers and Materials), By Industry Type (UAV, Aircraft, and Spacecraft), By Application Type (Engine Components, Space Components, and Structural Components), By Printer Technology Type (DMLS, FDM, CLIP, SLA, SLS and Others), and Regional Forecast 2019-2026

Aerostructures Market Size, Share & Industry Analysis, By Component (Wings, Nose, Fuselage, Nacelle, Empennage & Pylon and Others), By Material (Metals, Composites and Alloys), By Platform (Fixed-wing aircraft (Commercial Aircraft, Military Aircraft, and UAV’s) and Rotary-wing Aircraft (Commercial Aircraft, Military Aircraft, and UAV’s)), and Regional Forecast 2019-2026

Unmanned Aerial Vehicle (UAV) Market Size, Share & Industry Analysis, By Application (Military, Commercial & Civil, and Recreational), By System (Airframe, Payload, Avionics, Propulsion), By Technology (Remotely Operated, Semi-Autonomous, Fully-Autonomous), By Class (Small UAVs, Tactical UAVs, Strategic UAVs, Special Purpose UAVs), and Regional Forecast 2019-2026

5G in Aviation Market Size, Share & Industry Analysis, By Platform (5G Airport and 5G Aircraft), Technology (FWA, URLLC/MMTC, and eMBB), Communication Infrastructure (Small Cell, Radio Access Network (RAN) and Distributed Antenna Systems (DAS)), 5G Services (Airport Operations, and Aircraft Operations), and Regional Forecast 2019-2026

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.  

At Fortune Business Insights™, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
Linkedin | Twitter | Blogs

Read Press Release Market: https://www.fortunebusinessinsights.com/press-release/small-satellite-market-9484

Primary Logo


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.