MRO Magazine

Global Small Satellite Market Worth USD 5.32 Billion by 2021 – Analysis, Technologies & Forecasts Report 2016-2021 – Key Vendors: Boeing, Aerospace Corp, Harris Corp – Research and Markets

May 6, 2016
By Business Wire News


Research and Markets has announced the addition of the “Small Satellite Market by Type (Nano, Mini, & Microsatellite), by Application (Earth Observation & Meteorology, Scientific Research & Exploration, Surveillance & Security, and Others), by End-User, by Geography – Global Forecast to 2021” report to their offering.

The small satellite market is expected to grow from USD 2.22 billion in 2016 to USD 5.32 billion by 2021, at a CAGR of 19.14% from 2016 to 2021.

The microsatellite segment is projected to be the fastest-growing segment in the small satellite market. These satellite are useful for high precision and complex space missions, such as remote-sensing and navigation, maritime and transport management, space and earth observation, disasters management, military intelligence, telecommunication, and among other academic purpose.

The segment comprising mapping and navigation is projected to be the fastest-growing segment in the small satellite market as it helps the Global Navigational Satellite Systems (GNSS) to generate signals for effective navigation and accurate global positioning data during the forecast period.

Companies Mentioned:

  • Aerospace Corporation
  • Airbus Defense and Space
  • Boeing
  • Geooptics Inc
  • Harris Corporation
  • Lockheed Martin Corporation
  • Millennium Space Systems Inc.
  • Northrop Grumman Corporation
  • OHB
  • Oneweb Ltd.
  • Planet Labs Inc.
  • ST Engineering Limited
  • Sierra Nevada Corporation
  • Space Exploration Technologies Corp. (Space X)
  • Spire Global Inc.
  • Surrey Satellite Technology Ltd.
  • Thales Alenia Space

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Small Satellite Market, By Type

8 Small Satellite Market,By Application

9 Small Satellite Market,By End User

10 Small Satellite Market, By Region

11 Competitive Landscape

12 Company Profile

13 Appendix

For more information visit

Research and Markets
Laura Wood, Senior Manager
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