+1 832 716 2363
Sunday, May 25, 2025
AsiaNewsWire
No Result
View All Result
Submit a Press Release
  • HOME
  • NEWSROOM
    • News by Country
      • Australia
      • Bangladesh
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Macau(China)
      • Malaysia
      • Myanmar
      • Nepal
      • New Zealand
      • Pakistan
      • Philippines
      • Singapore
      • South Korea
      • Sri Lanka
      • Taiwan
      • Thailand
      • Vietnam
    • News by Category
      • Agriculture
      • Arts & Entertainment
      • Aviation & transport
      • Business & Finance
      • Conferences & Seminars
      • Cryptocurrency
      • Economy
      • Education
      • Forex & Commodities
      • Manufacturing & Industry
      • Media
      • Oil & Energy
      • Pharma & Health
      • Politics
      • Real Estate & Construction
      • Sports
      • Stock Markets
      • Telecom & Tech
      • Travel & Tourism
  • PR SERVICES
    • Press Release Distribution
    • Press Release Writing
    • Consulting
    • Media Planning
  • PRICING
  • ABOUT US
  • CONTACT US
  • PRESS RELEASES

    Live Streaming Market Fueled by Rising Consumer Demand and Technological Advancements as per Maximize Research

    ERP Software Market Accelerates with Cloud Adoption and Demand for Integrated Business Solutions as per Maximize Research

    Precious Metals Market Surges with Growing Demand in Jewelry and Industrial Applications as per Maximize Research

    Laptop Market Witnessing Transformation Through Product Innovation and Enterprise Demand as per Maximize Research

  • Login
  • Sign Up
  • HOME
  • NEWSROOM
    • News by Country
      • Australia
      • Bangladesh
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Macau(China)
      • Malaysia
      • Myanmar
      • Nepal
      • New Zealand
      • Pakistan
      • Philippines
      • Singapore
      • South Korea
      • Sri Lanka
      • Taiwan
      • Thailand
      • Vietnam
    • News by Category
      • Agriculture
      • Arts & Entertainment
      • Aviation & transport
      • Business & Finance
      • Conferences & Seminars
      • Cryptocurrency
      • Economy
      • Education
      • Forex & Commodities
      • Manufacturing & Industry
      • Media
      • Oil & Energy
      • Pharma & Health
      • Politics
      • Real Estate & Construction
      • Sports
      • Stock Markets
      • Telecom & Tech
      • Travel & Tourism
  • PR SERVICES
    • Press Release Distribution
    • Press Release Writing
    • Consulting
    • Media Planning
  • PRICING
  • ABOUT US
  • CONTACT US
  • PRESS RELEASES

    Live Streaming Market Fueled by Rising Consumer Demand and Technological Advancements as per Maximize Research

    ERP Software Market Accelerates with Cloud Adoption and Demand for Integrated Business Solutions as per Maximize Research

    Precious Metals Market Surges with Growing Demand in Jewelry and Industrial Applications as per Maximize Research

    Laptop Market Witnessing Transformation Through Product Innovation and Enterprise Demand as per Maximize Research

No Result
View All Result
AsiaNewsWire
SUBMIT PR
Home Press Releases

Global Analysis Report on Small Satellite Market: Trends, Forecasts, and Insights

asianewswire.net by asianewswire.net
June 2, 2023
in Press Releases
Share on FacebookShare on Twitter


(EMAILWIRE.COM, June 02, 2023 ) The report “Small Satellite Market by Mass (Small Satellite, CubeSat), Application, Subsystems (Satellite Bus, Payload, Solar Panel, Satellite Antenna), Frequency, End-use (Commercial, Government & Defence, Dual-use), Orbit and Region – Global Forecast to 2028.” The small satellite market is estimated at USD 3.2 billion in 2023 and is projected to reach USD 7.0 billion by 2028, at a CAGR of 16.8 % from 2023 to 2028. The increasing capabilities of small satellites through the integration of the latest hi-tech and commercial-off-the-shelf electronic circuits will further boost the demand for such satellites at a rapid pace in the coming years.

Download PDF Brochure @

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150947396

Commercial segment is expected to account for the largest share in 2023.

By End-use, the small satellite market is segmented into commercial, government & defense and dual use. The Commercial segment is expected to account for the largest share the small satellite market by the end-user. One of the main factors boosting the market for small satellites is the reduced in launch costs. The cost of launching a satellite into orbit used to be extremely high, sometimes costing over $100 million. The new launch firms like SpaceX and Rocket Lab have significantly reduced the cost of placing small satellites into orbit. Small satellite constellation development has developed as a result of the decrease in cost for enterprises to launch small satellites. The growth of the satellite operators/owners segment is due to rising investments from the private sector in space research and satellite communication services.

The Satellite bus segment held the largest market share in the small satellite market.

By Subsegment, the small satellite market has been segmented into satellite bus, payload, solar panel, satellite antenna and others. Satellite bus segment to hold the largest market share. The Satellite bus segment demand is influence by the adoption of the small satellite for various applications such as earth observation, communication, research etc. Overall, it is anticipated that the small satellite bus segment market would expand and diversify over the coming years as new technologies and applications are introduced.

The LEO segment of the small satellite market by orbit is projected to dominate the market.

The small satellite marketed based on the orbit is segmented into the LEO, MEO, GEO and others. The Low Earth Orbiting (LEO) Segment holds the major market share of the small satellite market by orbit segment. GEO Segment to hold the highest growth rate over the forecast period. Growing demand for high-speed and low-latency communication and increased satellite and spacecraft launches in LEO are primarily driving this segment.

North America is expected to account for the largest share in 2023.

The small satellite market industry has been studied in North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The North America region to account for the largest market share. The market in North America is being driven by increasing NASA Research and Development initiatives and rising military spending on surveillance missions.

Key Market Players

Major players operating in the small satellite market Sierra Nevada Corporation (US), L3Harris Technologies (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), and Airbus Defence and Space (Germany) are some of the market players.

Ask for Sample Report @

https://www.marketsandmarkets.com/requestsampleNew.asp?id=150947396

About MarketsandMarkets™

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.



Source link

Previous Post

AND BEYOND: A new era of Production and Digital Engagement with Marwan Khoury

Next Post

Digital TV SoC Market to reach USD 22.24 Bn by 2029, emerging at a CAGR of 12.60 percent and forecast (2023-2029)

Related Posts

Press Releases

Live Streaming Market Fueled by Rising Consumer Demand and Technological Advancements as per Maximize Research

May 18, 2025
Press Releases

ERP Software Market Accelerates with Cloud Adoption and Demand for Integrated Business Solutions as per Maximize Research

May 18, 2025
Press Releases

Precious Metals Market Surges with Growing Demand in Jewelry and Industrial Applications as per Maximize Research

May 18, 2025
Press Releases

Laptop Market Witnessing Transformation Through Product Innovation and Enterprise Demand as per Maximize Research

May 17, 2025
Press Releases

High R&D Investments and Industry Transformation Push Market to USD 1710.45 Bn by 2030 as per Maximize Research

May 17, 2025
Press Releases

Leukemia Inhibitory Factor Market Overview Emerging Therapeutic Applications and Industry Trends to 2034

May 17, 2025
Load More

Popular News

  • Singapore Media List

    Singapore Media List for Press Release Distribution to Online, Print and Broadcast Outlets

    0 shares
    Share 0 Tweet 0
  • Vietnam Media List for Press Release Distribution to Vietnamese Target Audience

    0 shares
    Share 0 Tweet 0
  • SECURRENCY CAPITAL APPOINTS AISHA AL MANSOORI AS NEW NON-EXECUTIVE DIRECTOR

    0 shares
    Share 0 Tweet 0
  • Market Leader – Protective Clothing Market

    0 shares
    Share 0 Tweet 0
  • AsiaNewswire.net™ Relaunches Press Release Distribution to media in the Asia Pacific and Southeast Regions

    0 shares
    Share 0 Tweet 0

By Categories

  • Agriculture
  • Arabic
  • Arts & Entertainment
  • Australia
  • Automotive
  • Aviation & transport
  • Business & Finance
  • Campaign
  • China
  • Chinese
  • Conferences & Seminars
  • Cryptocurrency
  • Economy
  • Education
  • English
  • Events
  • Featured News
  • Food
  • Forex & Commodities
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Macau(China)
  • Malaysia
  • Manufacturing & Industry
  • Media
  • Media List
  • National
  • Oil & Energy
  • Pakistan
  • Pharma & Health
  • Philippines
  • Politics
  • Politics
  • Press Releases
  • Real Estate & Construction
  • Retail
  • Singapore
  • Social Media
  • South Korea
  • Sports
  • Stock Markets
  • Taiwan
  • Telecom & Tech
  • Thailand
  • Travel
  • Travel & Tourism
  • Uncategorized
  • Vietnam

About Us

AsiaNewswire.Net™ provides press release distribution services for businesses,  organizations and other entities with need to send news to media outlets in Asia  Pacific, South and South East Asian countries. Other services include writing and  editing press releases, consulting and media planning.

Contact Us

  • +1 832 716 2363
  • +12816454086
  • Skype: groupwebmedia

Categories

News by Country
News by Category
Press Releases

Recent News

Recent Posts
  • 中东和北非/海湾合作委员会汽车行业的新闻稿分发 Arab Newswire 在其媒体列表中增加了 AutoArabia.me
  • Precious Metals Market Surges with Growing Demand in Jewelry and Industrial Applications as per Maximize Research
  • ERP Software Market Accelerates with Cloud Adoption and Demand for Integrated Business Solutions as per Maximize Research
  • Live Streaming Market Fueled by Rising Consumer Demand and Technological Advancements as per Maximize Research

Share Us

AsiaNewswire.net™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC
No Result
View All Result
  • Home
  • Newsroom
    • News by Category
      • Agriculture
      • Arts & Entertainment
      • Aviation & transport
      • Business & Finance
      • Conferences & Seminars
      • Cryptocurrency
      • Economy
      • Education
      • Forex & Commodities
      • Manufacturing & Industry
      • Media
      • Oil & Energy
      • Pharma & Health
      • Politics
      • Real Estate & Construction
      • Sports
      • Stock Markets
      • Telecom & Tech
      • Travel & Tourism
    • News by Country
      • Australia
      • Bangladesh
      • China
      • Hong Kong
      • India
      • Indonesia
      • Japan
      • Macau(China)
      • Malaysia
      • Myanmar
      • Nepal
      • New Zealand
      • Pakistan
      • Philippines
      • Singapore
      • South Korea
      • Sri Lanka
      • Taiwan
      • Thailand
      • Vietnam
  • PR Services
    • Press Release Distribution
    • Press Release Writing
    • Consulting
    • Media Planning
  • About Us
  • Contact Us
  • Pricing
  • Press Releases
  • Login
  • Sign Up

AsiaNewswire.net™ is part of GroupWeb Media Network. © 2025 GroupWeb Media LLC