30 July 2018
Visiongain’s new report : Small Satellite Market Report 2018-2028: Forecasts by Classification (Nanosatellite, Microsatellite, Minisatellite, Picosatellite, Femtosatellite), By Application (Meteorology, Security/Surveillance, Earthquake/Seismic Monitoring, Scientific Research, Other Applications) Plus Analysis of Leading Companies indicates that the global Small Satellites market will see more than USD $1.76 BILLION spending in 2018..
The lead analyst of the report said: Visiongain has forecast confident growth for the small satellites market. Small satellites are expected to play a significant role in providing access to space and satellite applications for developing countries, who were previously restrained by the huge costs entailed in developing large satellites weighing more than 500 kilograms.
The U.S. is expected to be the major market on account of the high-demand from NASA and the Department of Defence (DoD). It is likely to be followed by Europe and Asia, which have witnessed the launch of several small satellites by countries like China, Indonesia, and Japan among others. Countries in the Middle East and Africa are also undertaking various initiatives to encourage the launch and development of small satellites. The academic institutions in these countries have been spearheading small satellite programmes to qualify and demonstrate their technology and engineering capability.
The 171 page report contains 68 tables and 59 charts and graphs that add visual analysis in order to explain developing trends within the small satellites market. Visiongain provides forecasts for the period 2018-2028 for the leading small satellites submarkets, namely Nanosatellite, Microsatellite, Minisatellite, Picosatellite, Femtosatellite.
The 171 page report offers market forecasts and analysis for 18 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 8 companies leading the field in small satellites.
The Small Satellite Market Report 2018-2028 report will be of value to anyone who wants to better understand the small satellites market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the small satellites industry.
Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business conferences, newsletters, management reports and e-zines focusing on the automotive, chemical, cyber, defence, energy, pharmaceutical, materials and telecoms sectors.
Visiongain publishes reports produced by its in-house analysts, who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.
The foundation for effective ground and flight testing in the aviation industry is the development of safe and reliable measurement technology. Over the forecast period, this is expected to fuel the global aviation test equipment market.
01 April 2021
The increasing application of radar systems in wake of emerging demand for unmanned vehicles, and growing demand of radar systems for homeland security purpose is expected to drive the growth of the radar systems market over the forecast years.
24 March 2021
The civil & commercial application drones are projected to grow in high demand over the forecast timeframe. This growth in demand can be credited to the rising adoption of small drones for several civil & commercial applications, for instance, remote sensing, mapping monitoring, and surveying.
24 March 2021
The growing demand for uninterrupted communication in several businesses, along with the growing number of connected and autonomous vehicles have resulted in raising the focus of satellite manufacturing companies and associated firms active in the industry.