The North America Nanosatellite And Microsatellite Market would witness market growth of 21.0% CAGR during the forecast period (2022-2028).
An artificial spacecraft with a wet mass between one and ten kilograms is referred to as a nanosatellite or nanosat. The terms satellite swarm and fractionated spacecraft may occasionally be used to describe designs and planned designs of this type. They may be launched alone or they may include numerous nanosatellites operating together or in formation.
A typical type of nanosatellite, known as a CubeSat, is a cube-shaped satellite with a mass of fewer than 1.33 kilograms per unit and dimensions of 10 x 10 x 10 cubic cm. The specifications of CubeSat, for use by any enterprise wishing to launch a nanosatellite, are managed by the team that first developed the CubeSat concept at California Polytechnic State University and Stanford University.
The implementation of small satellites has lowered the barrier to entry into space, allowing these enterprises and previously non-spacefaring nations to make progress toward establishing a foothold in low-Earth orbit. CubeSats have become an entry point for nations taking their initial steps beyond Earth, with the space station playing a crucial role in this development.
North America's supremacy in space activities pertaining to smallsats is attributable to the introduction of the CubeSat Launch Initiative (CSLI). According to data sets given by the U.S. government, the region is likewise anticipated to be the region with the quickest growth. NASA EDSN, SeeMe and ALASA payloads, NSF Geospace & Atmospheric CubeSat, F6, NRO Colony I & II, and QB50 are the primary nanosatellite and microsatellite programs for the foreseeable future from this region.
The US market dominated the North America Nanosatellite And Microsatellite Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,382.2 million by 2028.The Canada market is poised to grow at a CAGR of 23.8% during (2022 - 2028). Additionally, The Mexico market would witness 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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 North America Nanosatellite And Microsatellite Market, by End-Use
1.4.2 North America Nanosatellite And Microsatellite Market, by Application
1.4.3 North America Nanosatellite And Microsatellite Market, by Mass
1.4.4 North America 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. North America Nanosatellite And Microsatellite Market by End-Use
3.1 North America Commercial Market by Country
3.2 North America Government Market by Country
3.3 North America Defense & Security Market by Country
3.4 North America Civil Market by Country
Chapter 4. North America Nanosatellite And Microsatellite Market by Application
4.1 North America Earth Observation/Remote Sensing Market by Country
4.2 North America Communication & Navigation Market by Country
4.3 North America Scientific Research Market by Country
4.4 North America Technology & Academic Training Market by Country
Chapter 5. North America Nanosatellite And Microsatellite Market by Mass
5.1 North America Nanosatellites Market by Country
5.2 North America Microsatellites Market by Country
Chapter 6. North America Nanosatellite And Microsatellite Market by Country
6.1 US Nanosatellite And Microsatellite Market
6.1.1 US Nanosatellite And Microsatellite Market by End-Use
6.1.2 US Nanosatellite And Microsatellite Market by Application
6.1.3 US Nanosatellite And Microsatellite Market by Mass
6.2 Canada Nanosatellite And Microsatellite Market
6.2.1 Canada Nanosatellite And Microsatellite Market by End-Use
6.2.2 Canada Nanosatellite And Microsatellite Market by Application
6.2.3 Canada Nanosatellite And Microsatellite Market by Mass
6.3 Mexico Nanosatellite And Microsatellite Market
6.3.1 Mexico Nanosatellite And Microsatellite Market by End-Use
6.3.2 Mexico Nanosatellite And Microsatellite Market by Application
6.3.3 Mexico Nanosatellite And Microsatellite Market by Mass
6.4 Rest of North America Nanosatellite And Microsatellite Market
6.4.1 Rest of North America Nanosatellite And Microsatellite Market by End-Use
6.4.2 Rest of North America Nanosatellite And Microsatellite Market by Application
6.4.3 Rest of North America 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 North America Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 2 North America Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 3 North America Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 4 North America Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 5 North America Commercial Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Commercial Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Government Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Government Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Defense & Security Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Defense & Security Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Civil Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Civil Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 14 North America Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 15 North America Earth Observation/Remote Sensing Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Earth Observation/Remote Sensing Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Communication & Navigation Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Communication & Navigation Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Scientific Research Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Scientific Research Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Technology & Academic Training Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Technology & Academic Training Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 24 North America Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 25 North America Nanosatellites Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Nanosatellites Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Microsatellites Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Microsatellites Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Nanosatellite And Microsatellite Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Nanosatellite And Microsatellite Market by Country, 2022 - 2028, USD Million
TABLE 31 US Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 32 US Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 33 US Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 34 US Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 35 US Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 36 US Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 37 US Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 38 US Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 39 Canada Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 40 Canada Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 41 Canada Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 42 Canada Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 43 Canada Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 44 Canada Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 45 Canada Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 46 Canada Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 47 Mexico Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 48 Mexico Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 49 Mexico Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 50 Mexico Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 51 Mexico Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 52 Mexico Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 53 Mexico Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 54 Mexico Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 55 Rest of North America Nanosatellite And Microsatellite Market, 2018 - 2021, USD Million
TABLE 56 Rest of North America Nanosatellite And Microsatellite Market, 2022 - 2028, USD Million
TABLE 57 Rest of North America Nanosatellite And Microsatellite Market by End-Use, 2018 - 2021, USD Million
TABLE 58 Rest of North America Nanosatellite And Microsatellite Market by End-Use, 2022 - 2028, USD Million
TABLE 59 Rest of North America Nanosatellite And Microsatellite Market by Application, 2018 - 2021, USD Million
TABLE 60 Rest of North America Nanosatellite And Microsatellite Market by Application, 2022 - 2028, USD Million
TABLE 61 Rest of North America Nanosatellite And Microsatellite Market by Mass, 2018 - 2021, USD Million
TABLE 62 Rest of North America Nanosatellite And Microsatellite Market by Mass, 2022 - 2028, USD Million
TABLE 63 Key Information – Dauria Aerospace
TABLE 64 Key Information – The Boeing Company
TABLE 65 Key Information – GomSpace Group AB
TABLE 66 Key Information – ISISPACE Group
TABLE 67 Key Information – Sierra Nevada Corporation
TABLE 68 Key Information – Spire Global, Inc.
TABLE 69 Key Information – AAC Clyde Space .
TABLE 70 Key Information – Surrey Satellite Technology Ltd.
TABLE 71 Key Information – Tyvak International
List of Figures
FIG 1 Methodology for the research