The Latin America, Middle East and Africa Nanosatellite And Microsatellite Market would witness market growth of 28.2% CAGR during the forecast period (2022-2028).
It is anticipated that factors such as the smaller size and weight of smallsats in contrast to conventional spacecraft, as well as the rise in the production and launch of CubeSats, will drive the development of the market. In addition, an increase in the need for nanosatellites and microsatellites from the business sector as well as an increase in demand for satellite data are expected to provide attractive growth possibilities for the participants in the market.
Due to their straightforward and expedient manufacturing and design requirements, small satellites are experiencing ongoing technological improvements. Additionally, streamlined development and design are making it possible to include cutting-edge technology like robots and artificial intelligence (AI) in small satellites. These satellites use ultra-high frequency (UHF), visible transmission, and very high frequency (VHF) transmission technologies to boost transfer rates and signal frequency.
Machine learning intelligence on different space exploration platforms is assisting in assuring efficient communications, strengthening coordination for the advancement of a mission, and improving spacecraft reliability. Humanitarian partners and governments, among others, are also likely to receive useful data insights from these satellites. Multiple vertical markets' increasing demand for nanosatellites and microsatellites is expected to fuel market expansion.
The Brazilian Space Agency has a number of joint initiatives with universities, research institutions, nonprofits, third-sector organizations, and private enterprises with outreach courses, and projects. These research projects encompass STEAM (Science, Technology, Engineering, the Arts, and Mathematics) training aimed at primary education and well beyond. These initiatives would also delve into the fields of Space Applications, Astronautics, Astronomy, and Astrophysics.
The Brazil market dominated the LAMEA Nanosatellite And Microsatellite Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $167.7 million by 2028. The Argentina market is experiencing a CAGR of 28.9% during (2022 - 2028). Additionally, The UAE market would exhibit a CAGR of 27.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Nanosatellite And Microsatellite Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Nanosatellite And Microsatellite Market, by End-Use
1.4.2 LAMEA Nanosatellite And Microsatellite Market, by Application
1.4.3 LAMEA Nanosatellite And Microsatellite Market, by Mass
1.4.4 LAMEA 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. LAMEA Nanosatellite And Microsatellite Market by End-Use
3.1 LAMEA Commercial Market by Country
3.2 LAMEA Government Market by Country
3.3 LAMEA Defense & Security Market by Country
3.4 LAMEA Civil Market by Country
Chapter 4. LAMEA Nanosatellite And Microsatellite Market by Application
4.1 LAMEA Earth Observation/Remote Sensing Market by Country
4.2 LAMEA Communication & Navigation Market by Country
4.3 LAMEA Scientific Research Market by Country
4.4 LAMEA Technology & Academic Training Market by Country
Chapter 5. LAMEA Nanosatellite And Microsatellite Market by Mass
5.1 LAMEA Nanosatellites Market by Country
5.2 LAMEA Microsatellites Market by Country
Chapter 6. LAMEA Nanosatellite And Microsatellite Market by Country
6.1 Brazil Nanosatellite And Microsatellite Market
6.1.1 Brazil Nanosatellite And Microsatellite Market by End-Use
6.1.2 Brazil Nanosatellite And Microsatellite Market by Application
6.1.3 Brazil Nanosatellite And Microsatellite Market by Mass
6.2 Argentina Nanosatellite And Microsatellite Market
6.2.1 Argentina Nanosatellite And Microsatellite Market by End-Use
6.2.2 Argentina Nanosatellite And Microsatellite Market by Application
6.2.3 Argentina Nanosatellite And Microsatellite Market by Mass
6.3 UAE Nanosatellite And Microsatellite Market
6.3.1 UAE Nanosatellite And Microsatellite Market by End-Use
6.3.2 UAE Nanosatellite And Microsatellite Market by Application
6.3.3 UAE Nanosatellite And Microsatellite Market by Mass
6.4 Saudi Arabia Nanosatellite And Microsatellite Market
6.4.1 Saudi Arabia Nanosatellite And Microsatellite Market by End-Use
6.4.2 Saudi Arabia Nanosatellite And Microsatellite Market by Application
6.4.3 Saudi Arabia Nanosatellite And Microsatellite Market by Mass
6.5 South Africa Nanosatellite And Microsatellite Market
6.5.1 South Africa Nanosatellite And Microsatellite Market by End-Use
6.5.2 South Africa Nanosatellite And Microsatellite Market by Application
6.5.3 South Africa Nanosatellite And Microsatellite Market by Mass
6.6 Nigeria Nanosatellite And Microsatellite Market
6.6.1 Nigeria Nanosatellite And Microsatellite Market by End-Use
6.6.2 Nigeria Nanosatellite And Microsatellite Market by Application
6.6.3 Nigeria Nanosatellite And Microsatellite Market by Mass
6.7 Rest of LAMEA Nanosatellite And Microsatellite Market
6.7.1 Rest of LAMEA Nanosatellite And Microsatellite Market by End-Use
6.7.2 Rest of LAMEA Nanosatellite And Microsatellite Market by Application
6.7.3 Rest of LAMEA 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 LAMEA Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 4 LAMEA Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 5 LAMEA Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Government Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Government Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Defense & Security Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Defense & Security Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Civil Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Civil Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 14 LAMEA Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 15 LAMEA Earth Observation/Remote Sensing Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Earth Observation/Remote Sensing Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Communication & Navigation Market by Country, 2018 - 2021, USD Million
TABLE 18 LAMEA Communication & Navigation Market by Country, 2022 - 2028, USD Million
TABLE 19 LAMEA Scientific Research Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Scientific Research Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Technology & Academic Training Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Technology & Academic Training Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 24 LAMEA Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 25 LAMEA Nanosatellites Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Nanosatellites Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Microsatellites Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Microsatellites Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Nanosatellite And Microsatellite Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Nanosatellite And Microsatellite Market by Country, 2022 - 2028, USD Million
TABLE 31 Brazil Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 32 Brazil Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 33 Brazil Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 34 Brazil Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 35 Brazil Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 36 Brazil Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 37 Brazil Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 38 Brazil Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 39 Argentina Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 40 Argentina Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 41 Argentina Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 42 Argentina Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 43 Argentina Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 44 Argentina Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 45 Argentina Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 46 Argentina Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 47 UAE Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 48 UAE Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 49 UAE Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 50 UAE Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 51 UAE Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 52 UAE Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 53 UAE Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 54 UAE Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 61 Saudi Arabia Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 62 Saudi Arabia Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 63 South Africa Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 64 South Africa Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 65 South Africa Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 66 South Africa Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 67 South Africa Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 68 South Africa Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 69 South Africa Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 70 South Africa Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 71 Nigeria Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 72 Nigeria Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 73 Nigeria Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 74 Nigeria Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 75 Nigeria Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 76 Nigeria Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 77 Nigeria Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 78 Nigeria Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA 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