The Europe Nanosatellite And Microsatellite Market would witness market growth of 21.7% CAGR during the forecast period (2022-2028).
CubeSats have numerous environmental, humanitarian, and commercial applications, though. Their small weight and size allow them to travel into orbit with greater payloads without raising fuel expenses, which substantially reduces launch costs. CubeSats are speeding the expansion of the compact satellite sector, boosting space access, and advancing research in low-Earth orbit by deploying over 250 small spacecraft from the International Space Station.
The emergence of small satellites in the telecom industry has allowed service providers to speed up the rollout of 5G globally and opened up new market prospects for those involved in Satcom or satellite communication sector. Small satellite development for 5G deployment can be very advantageous in terms of wide-area coverage, affordability, and dependability.
Small satellite manufacturers may now better compete in the larger satellite sector owing to cutting-edge technologies like new solar panel cells and star trackers. Small launch vehicles are in higher demand as a result of the difficulty of launching small satellites from big vehicles in recent years. Small satellites were previously launched alongside larger satellites as an auxiliary payload, which raised launch and financial constraints.
Due to the rise in demand for Earth observation, remote sensing, and scientific exploration, Europe holds a significant market. It is expected that the European Space Agency (ESA) along with other state and national space agencies would launch a number of tiny satellites to collect data for disaster management, climate monitoring, navigation, and surveillance. It is estimated that the frequency of space exploration initiatives in the region would expand in the coming years, hence stimulating the need for small satellites.
The Russia market dominated the Europe Nanosatellite And Microsatellite Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $578.7 million by 2028.The UK market is anticipated a CAGR of 20.7% during (2022 - 2028). Additionally, The France market would showcase a CAGR of 22.7% during (2022 - 2028).
Based on End-Use, the market is segmented into Commercial, Government, Defense & Security and Civil. Based on Application, the market is segmented into Earth Observation/Remote Sensing, Communication & Navigation, Scientific Research and Technology & Academic Training. Based on Mass, the market is segmented into Nanosatellites and Microsatellites. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Nanosatellite And Microsatellite Market will Hit $8 Billion by 2028, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Dauria Aerospace, GomSpace Group AB, ISISPACE Group, Sierra Nevada Corporation (SNC), Spire Global, Inc., AAC Clyde Space, Surrey Satellite Technology Limited (SSTL), The Boeing Company, and Tyvak International
Scope of the Study
Market Segments Covered in the Report:
By End-Use
- Commercial
- Government
- Defense & Security
- Civil
By Application
- Earth Observation/Remote Sensing
- Communication & Navigation
- Scientific Research
- Technology & Academic Training
By Mass
- Nanosatellites
- Microsatellites
By Country
- Russia
- UK
- France
- Germany
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Dauria Aerospace
- GomSpace Group AB
- ISISPACE Group
- Sierra Nevada Corporation (SNC)
- Spire Global, Inc.
- AAC Clyde Space
- Surrey Satellite Technology Limited (SSTL)
- The Boeing Company
- Tyvak International
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Nanosatellite And Microsatellite Market, by End-Use
1.4.2 Europe Nanosatellite And Microsatellite Market, by Application
1.4.3 Europe Nanosatellite And Microsatellite Market, by Mass
1.4.4 Europe Nanosatellite And Microsatellite Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Nanosatellite And Microsatellite Market by End-Use
3.1 Europe Commercial Market by Country
3.2 Europe Government Market by Country
3.3 Europe Defense & Security Market by Country
3.4 Europe Civil Market by Country
Chapter 4. Europe Nanosatellite And Microsatellite Market by Application
4.1 Europe Earth Observation/Remote Sensing Market by Country
4.2 Europe Communication & Navigation Market by Country
4.3 Europe Scientific Research Market by Country
4.4 Europe Technology & Academic Training Market by Country
Chapter 5. Europe Nanosatellite And Microsatellite Market by Mass
5.1 Europe Nanosatellites Market by Country
5.2 Europe Microsatellites Market by Country
Chapter 6. Europe Nanosatellite And Microsatellite Market by Country
6.1 Russia Nanosatellite And Microsatellite Market
6.1.1 Russia Nanosatellite And Microsatellite Market by End-Use
6.1.2 Russia Nanosatellite And Microsatellite Market by Application
6.1.3 Russia Nanosatellite And Microsatellite Market by Mass
6.2 UK Nanosatellite And Microsatellite Market
6.2.1 UK Nanosatellite And Microsatellite Market by End-Use
6.2.2 UK Nanosatellite And Microsatellite Market by Application
6.2.3 UK Nanosatellite And Microsatellite Market by Mass
6.3 France Nanosatellite And Microsatellite Market
6.3.1 France Nanosatellite And Microsatellite Market by End-Use
6.3.2 France Nanosatellite And Microsatellite Market by Application
6.3.3 France Nanosatellite And Microsatellite Market by Mass
6.4 Germany Nanosatellite And Microsatellite Market
6.4.1 Germany Nanosatellite And Microsatellite Market by End-Use
6.4.2 Germany Nanosatellite And Microsatellite Market by Application
6.4.3 Germany Nanosatellite And Microsatellite Market by Mass
6.5 Spain Nanosatellite And Microsatellite Market
6.5.1 Spain Nanosatellite And Microsatellite Market by End-Use
6.5.2 Spain Nanosatellite And Microsatellite Market by Application
6.5.3 Spain Nanosatellite And Microsatellite Market by Mass
6.6 Italy Nanosatellite And Microsatellite Market
6.6.1 Italy Nanosatellite And Microsatellite Market by End-Use
6.6.2 Italy Nanosatellite And Microsatellite Market by Application
6.6.3 Italy Nanosatellite And Microsatellite Market by Mass
6.7 Rest of Europe Nanosatellite And Microsatellite Market
6.7.1 Rest of Europe Nanosatellite And Microsatellite Market by End-Use
6.7.2 Rest of Europe Nanosatellite And Microsatellite Market by Application
6.7.3 Rest of Europe Nanosatellite And Microsatellite Market by Mass
Chapter 7. Company Profiles
7.1 Dauria Aerospace
7.1.1 Company Overview
7.2 The Boeing Company (Jeppesen)
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research and Development Expense
7.3 GomSpace Group AB
7.3.1 Company Overview
7.3.2 Financial Analysis
7.4 ISISPACE Group
7.4.1 Company Overview
7.5 Sierra Nevada Corporation
7.5.1 Company Overview
7.6 Spire Global, Inc.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Research & Development Expenses
7.7 AAC Clyde Space
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental Analysis
7.8 Surrey Satellite Technology Ltd.
7.8.1 Company Overview
7.9 Tyvak International (Terran Orbital Corporation)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Partnerships, Collaborations, and Agreements:
7.9.2.2 Product Launches and Product Expansions:
TABLE 1 Europe Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 2 Europe Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 3 Europe Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 4 Europe Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 5 Europe Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Government Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Government Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Defense & Security Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Defense & Security Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Civil Market by Country, 2018 - 2021, USD Million
TABLE 12 Europe Civil Market by Country, 2022 - 2028, USD Million
TABLE 13 Europe Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 14 Europe Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 15 Europe Earth Observation/Remote Sensing Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Earth Observation/Remote Sensing Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Communication & Navigation Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Communication & Navigation Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Scientific Research Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Scientific Research Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Technology & Academic Training Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Technology & Academic Training Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 24 Europe Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 25 Europe Nanosatellites Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Nanosatellites Market by Country, 2022 - 2028, USD Million
TABLE 27 Europe Microsatellites Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Microsatellites Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Nanosatellite And Microsatellite Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Nanosatellite And Microsatellite Market by Country, 2022 - 2028, USD Million
TABLE 31 Russia Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 32 Russia Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 33 Russia Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 34 Russia Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 35 Russia Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 36 Russia Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 37 Russia Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 38 Russia Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 39 UK Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 40 UK Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 41 UK Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 42 UK Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 43 UK Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 44 UK Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 45 UK Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 46 UK Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 47 France Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 48 France Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 49 France Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 50 France Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 51 France Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 52 France Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 53 France Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 54 France Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 55 Germany Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 56 Germany Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 57 Germany Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 58 Germany Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 59 Germany Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 60 Germany Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 61 Germany Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 62 Germany Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 63 Spain Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 64 Spain Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 65 Spain Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 66 Spain Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 67 Spain Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 68 Spain Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 69 Spain Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 70 Spain Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 71 Italy Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 72 Italy Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 73 Italy Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 74 Italy Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 75 Italy Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 76 Italy Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 77 Italy Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 78 Italy Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 83 Rest of Europe Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of Europe Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 85 Rest of Europe Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 86 Rest of Europe Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 87 Key Information – Dauria Aerospace
TABLE 88 Key Information – The Boeing Company
TABLE 89 Key Information – GomSpace Group AB
TABLE 90 Key Information – ISISPACE Group
TABLE 91 Key Information – Sierra Nevada Corporation
TABLE 92 Key Information – Spire Global, Inc.
TABLE 93 Key Information – AAC Clyde Space .
TABLE 94 Key Information – Surrey Satellite Technology Ltd.
TABLE 95 Key Information – Tyvak International
List of Figures
FIG 1 Methodology for the research