Microsatellite Market Share 2022: Global Trends, Key Players, Industry Analysis Report to 2028

The Microsatellite Market size is expected to grow at an annual average CAGR of 20% during 2022-2028. Microsatellites are small satellites weighing between 1 and 10 kg. They orbit the Earth in polar (circular or elliptical) orbits and are usually launched at low altitudes. It travels at high speed and provides an optimal solution for communication, remote sensing and land observation. These satellites consist of a variety of hardware, software, and data processing units that are also used for geographic mapping, navigation, and scientific research. Data from these satellites is processed and used to improve water quality management and conduct relief and defense operations.

The following segmentation are covered in this report:

By Application

• Communication
• Earth Observation and Remote Sensing
• Scientific Research
• Biological Experiments
• Technology Demonstration and Verification
• Academic Training
• Mapping and Navigation
• Reconnaissance
• Others

By Component

• Hardware
• Software and Data Processing
• Space Services
• Launch Services

By Satellite Mass

• Nanosatellite (1kg to 10kg)
• Microsatellite (10kg to 100kg)

Company Profile

• Aac Clyde Space
• Alen Space
• Alexspace
• Astrocast
• Dauria Aerospace
• Endurosat
• Exolaunch
• Gauss
• Gomspace
• L3Harris
• Lockheed Martin

Scope of the report

The research study analyses the Microsatellite Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North america market size and/or volume
• Latin america market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Microsatellite Market Report

• What was the Microsatellite Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028)
• What will be the CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Microsatellite Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.