DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, and Others), by End-User, by Geography - Global Forecast to 2021" report to their offering.
The small satellite market is expected to grow from USD 2.22 billion in 2016 to USD 5.32 billion by 2021, at a CAGR of 19.14% from 2016 to 2021.
The microsatellite segment is projected to be the fastest-growing segment in the small satellite market. These satellite are useful for high precision and complex space missions, such as remote-sensing and navigation, maritime and transport management, space and earth observation, disasters management, military intelligence, telecommunication, and among other academic purpose.
The segment comprising mapping and navigation is projected to be the fastest-growing segment in the small satellite market as it helps the Global Navigational Satellite Systems (GNSS) to generate signals for effective navigation and accurate global positioning data during the forecast period.
Companies Mentioned:
- Aerospace Corporation
- Airbus Defense and Space
- Boeing
- Geooptics Inc
- Harris Corporation
- Lockheed Martin Corporation
- Millennium Space Systems Inc.
- Northrop Grumman Corporation
- OHB
- Oneweb Ltd.
- Planet Labs Inc.
- ST Engineering Limited
- Sierra Nevada Corporation
- Space Exploration Technologies Corp. (Space X)
- Spire Global Inc.
- Surrey Satellite Technology Ltd.
- Thales Alenia Space
Report Structure:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Small Satellite Market, By Type
8 Small Satellite Market,By Application
9 Small Satellite Market,By End User
10 Small Satellite Market, By Region
11 Competitive Landscape
12 Company Profile
13 Appendix
For more information visit http://www.researchandmarkets.com/research/vx7jxr/small_satellite
