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Small Satellite Market

Small Satellite Market Expected to be valued at $7.53 Billion by 2022

The Small Satellite Market is estimated to be USD 2.92 Billion in 2017 and is projected to reach USD 7.53 Billion by 2022, at a CAGR of 20.83% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.

The ecosystem of the small satellite market comprises defense departments, satellite developers, telecommunication companies, and regulatory authorities, among others. Sierra Nevada Corporation (U.S.), Planet Labs (U.S.) and Surrey Satellite Technology (U.K.), among others, are the major players in the market. They offer advanced technology systems, launch systems, products, and services.

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Target Audience

  • Small Satellite Manufacturers
  • Original Equipment Manufacturers
  • Sub-component Manufacturers
  • Technology Support Providers

 

North America is estimated to lead the small satellite market in 2017. Increasing interest in small

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Small Satellite Market over the Next Five Years – Market Research Report

The Small Satellite Market is estimated to be USD 2.92 billion in 2017 and is projected to reach USD 7.53 billion by 2022, at a CAGR of 20.83% during the forecast period.

“Increasing focus on reducing mission cost, satellite miniaturization, and rise in demand for earth observation related activities are expected to drive the small satellite market”

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This report provides an analysis of the small satellite market over the next five years. It discusses industry and technological trends that are currently prevailing in the market. The report analyses factors driving and restraining the growth of the small satellite market as well as challenges faced by this market. The small satellite market is estimated to be USD 2.92 billion in 2017 and is projected to reach USD 7.53 billion by 2022, at a CAGR of 20.83% during the forecast period. Key factors such as increasing focus on reducing mi

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