Global Small Satellite
Market Report
2025
Global Small Satellite market size was USD 3.1 Billion in 2022 and it is forecasted to reach USD 10.2 Billion by 2030. Small Satellite Industry's Compound Annual Growth Rate will be 16.7% from 2023 to 2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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Global Small Satellite market size was USD 3.1 Billion in 2022 and it is forecasted to reach USD 10.2 Billion by 2030. Small Satellite Industry's Compound Annual Growth Rate will be 16.7% from 2023 to 2030.
2021 | 2025 | 2033 | CAGR | |
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Global Small Satellite Market Sales Revenue | $ 6187.33 Million | $ 9893.3 Million | $ 25294 Million | 12.45% |
North America Small Satellite Market Sales Revenue | $ 1992.32 Million | $ 3141.02 Million | $ 7810.27 Million | 12.06% |
United States Small Satellite Market Sales Revenue | $ 1571.94 Million | $ 2465.67 Million | $ 6091.85 Million | 11.97% |
Canada Small Satellite Market Sales Revenue | $ 227.125 Million | $ 367.531 Million | $ 945.199 Million | 12.533% |
Mexico Small Satellite Market Sales Revenue | $ 193.255 Million | $ 307.82 Million | $ 773.217 Million | 12.202% |
Europe Small Satellite Market Sales Revenue | $ 1707.7 Million | $ 2749.45 Million | $ 7166.03 Million | 12.721% |
United Kingdom Small Satellite Market Sales Revenue | $ 278.356 Million | $ 442.606 Million | $ 1124.78 Million | 12.365% |
Germany Small Satellite Market Sales Revenue | $ 367.156 Million | $ 599.434 Million | $ 1598.31 Million | 13.042% |
France Small Satellite Market Sales Revenue | $ 249.325 Million | $ 393.116 Million | $ 1010.12 Million | 12.521% |
Italy Small Satellite Market Sales Revenue | $ 179.309 Million | $ 292.046 Million | $ 777.085 Million | 13.013% |
Russia Small Satellite Market Sales Revenue | $ 162.232 Million | $ 262.627 Million | $ 688.226 Million | 12.797% |
Spain Small Satellite Market Sales Revenue | $ 133.201 Million | $ 228.259 Million | $ 601.517 Million | 12.876% |
Sweden Small Satellite Market Sales Revenue | $ 39.277 Million | $ 62.632 Million | $ 160.949 Million | 12.522% |
Denmark Small Satellite Market Sales Revenue | $ 27.323 Million | $ 43.111 Million | $ 110.07 Million | 12.431% |
Switzerland Small Satellite Market Sales Revenue | $ 28.655 Million | $ 44.981 Million | $ 114.943 Million | 12.443% |
Luxembourg Small Satellite Market Sales Revenue | $ 25.616 Million | $ 42.122 Million | $ 110.644 Million | 12.831% |
Rest of Europe Small Satellite Market Sales Revenue | $ 217.254 Million | $ 338.512 Million | $ 869.383 Million | 12.514% |
Asia Pacific Small Satellite Market Sales Revenue | $ 1497.33 Million | $ 2542.88 Million | $ 7139.47 Million | 13.774% |
China Small Satellite Market Sales Revenue | $ 453.692 Million | $ 788.368 Million | $ 2270.78 Million | 14.138% |
Japan Small Satellite Market Sales Revenue | $ 287.488 Million | $ 485.613 Million | $ 1348.93 Million | 13.622% |
India Small Satellite Market Sales Revenue | $ 259.039 Million | $ 462.88 Million | $ 1356.93 Million | 14.389% |
South Korea Small Satellite Market Sales Revenue | $ 109.305 Million | $ 165.211 Million | $ 427.94 Million | 12.634% |
Australia Small Satellite Market Sales Revenue | $ 73.369 Million | $ 126.203 Million | $ 359.544 Million | 13.982% |
Singapore Small Satellite Market Sales Revenue | $ 53.904 Million | $ 90.45 Million | $ 251.595 Million | 13.641% |
South East Asia Small Satellite Market Sales Revenue | $ 86.845 Million | $ 145.376 Million | $ 399.382 Million | 13.465% |
Taiwan Small Satellite Market Sales Revenue | $ 34.439 Million | $ 56.376 Million | $ 149.501 Million | 12.965% |
South America Small Satellite Market Sales Revenue | $ 346.491 Million | $ 496.248 Million | $ 1022.38 Million | 9.456% |
Brazil Small Satellite Market Sales Revenue | $ 133.052 Million | $ 192.564 Million | $ 399.833 Million | 9.563% |
Argentina Small Satellite Market Sales Revenue | $ 59.943 Million | $ 86.863 Million | $ 180.021 Million | 9.537% |
Colombia Small Satellite Market Sales Revenue | $ 28.412 Million | $ 40.442 Million | $ 82.257 Million | 9.28% |
Peru Small Satellite Market Sales Revenue | $ 18.71 Million | $ 26.132 Million | $ 52.571 Million | 9.13% |
Chile Small Satellite Market Sales Revenue | $ 20.443 Million | $ 28.564 Million | $ 58.501 Million | 9.375% |
Rest of South America Small Satellite Market Sales Revenue | $ 85.93 Million | $ 121.682 Million | $ 249.199 Million | 9.374% |
Middle East Small Satellite Market Sales Revenue | $ 327.929 Million | $ 491.202 Million | $ 1110.41 Million | 10.733% |
Saudi Arabia Small Satellite Market Sales Revenue | $ 129.532 Million | $ 193.018 Million | $ 432.836 Million | 10.622% |
Turkey Small Satellite Market Sales Revenue | $ 57.06 Million | $ 86.476 Million | $ 201.094 Million | 11.125% |
UAE Small Satellite Market Sales Revenue | $ 33.449 Million | $ 51.11 Million | $ 118.924 Million | 11.134% |
Egypt Small Satellite Market Sales Revenue | $ 31.481 Million | $ 46.934 Million | $ 105.711 Million | 10.682% |
Qatar Small Satellite Market Sales Revenue | $ 26.89 Million | $ 39.959 Million | $ 89.943 Million | 10.673% |
Rest of Middle East Small Satellite Market Sales Revenue | $ 49.517 Million | $ 73.705 Million | $ 161.897 Million | 10.336% |
Africa Small Satellite Market Sales Revenue | $ 315.554 Million | $ 472.504 Million | $ 1045.4 Million | 10.436% |
Nigeria Small Satellite Market Sales Revenue | $ 48.28 Million | $ 71.981 Million | $ 158.462 Million | 10.367% |
South Africa Small Satellite Market Sales Revenue | $ 137.266 Million | $ 206.513 Million | $ 460.101 Million | 10.532% |
Rest of Africa Small Satellite Market Sales Revenue | $ 130.008 Million | $ 194.01 Million | $ 426.837 Million | 10.358% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Mass |
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Market Split by Application |
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Market Split by End Use |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Report scope is customizable as we have a huge database of Small Satellite industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Small Satellite Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Small satellites, also known as smallsats or nanosatellites, are compact and lightweight spacecraft that typically weigh between 1 kg and 500 kg. They are designed to perform a variety of missions such as Earth observation, communication, scientific research, and technology demonstration. Small satellites are typically cheaper and faster to build and launch than traditional large satellites, making them more accessible to universities, research institutions, and commercial companies. They are often launched as secondary payloads on larger rockets or deployed from the International Space Station (ISS) or other spacecraft. Small satellites can be further categorized based on their size and capabilities, such as CubeSats, microsatellites, and nanosatellites.
Small satellites are generally cheaper to manufacture and launch than traditional large satellites. This has made them an attractive option for universities, research institutions, and commercial companies looking to perform space-based missions on a budget. Advances in technology have made it possible to develop smaller and more powerful electronics, sensors, and propulsion systems, which have enabled the development of small satellites that can perform a wide range of missions.
Small satellites can be equipped with high-resolution imaging sensors that can provide frequent and detailed imagery of the Earth's surface. This data can be used for a wide range of applications, including environmental monitoring, agriculture, and urban planning will further create lucrative opportunities for the market.
Small satellites typically have a shorter lifespan than traditional large satellites, which can limit their ability to provide long-term or continuous services. Also, the small size of small satellites means that they have limited capacity for onboard equipment and payloads. This can limit their ability to perform certain missions or provide certain services. These some of the factors may hamper the market growth.
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In January 2022, The SpaceX subsidiary that offers satellite internet, Starlink, has sought for a business licence in India to offer broadband and other services.
Top Companies Market Share in Small Satellite Industry: (In no particular order of Rank)
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North America has the largest revenue share in the small satellite market. Increased demand for small satellite deployments, along with improvements made in digital satellites by NASA, the US Department of Defense, and private players like SpaceX (US), Sierra Nevada Corporation (US), and Lucix Corporation, are all factors that have contributed to the expansion of the small satellite market in North America (US). There have been more space excursions as a result of the successful launch of flexible satellites into orbit.
The current report Scope analyzes Small Satellite Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Small Satellite Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Small Satellite Industry growth. Small Satellite market has been segmented with the help of its Mass, Application End Use, and others. Small Satellite market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on Mass, CubeSat have the leading segment and has the largest revenue share in the small satellite market. The small satellite category will hold the majority of the market share in 2023, despite the CubeSat market having the greatest growth rate throughout the projection year. The use of CubeSat for research by educational institutions to encourage the use of CubeSat. The CubeSats are also used to experiment with cutting-edge technology. This has involved installing modern navigational systems, communication systems, and propulsion systems.
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Based on application, the earth observation segment has the largest revenue share in the small satellite market. The earth observation segment will hold the biggest market share. The expanding use of earth observation satellites in a range of industrial sectors, as well as the incorporation of geospatial data fusion and digital data analysis, have all boosted market value.
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By End-use, commercial have the leading segment in the small satellite market.
Based on End-use, cereals have the leading segment has the largest revenue share in the small satellite market. The commercial segment will have the biggest market share as a result of the rising number of internet services and mobile customers. The market is developing as a result of the expanding use of tiny satellites for enemy surveillance. Small satellites have a variety of commercial uses, such as for communications, weather forecasting, and navigation.
Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Small Satellite Market is witnessing significant growth in the near future.
In 2023, the Small Satellite segment accounted for noticeable share of global Small Satellite Market and is projected to experience significant growth in the near future.
The Education segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Lockheed Martin, Raytheon and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Mass | Small Satellite, CubeSat |
Application | Education, Communication, Technology, Earth Observation, Others |
End Use | Commercial, Government & Defense, Dual-use |
List of Competitors | Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Surrey Satellite Technology, Axelspace, Sierra Nevada, Clyde Space, Planet Labs, Dauria Aerospace, CASC |
This chapter will help you gain GLOBAL Market Analysis of Small Satellite. Further deep in this chapter, you will be able to review Global Small Satellite Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Small Satellite. Further deep in this chapter, you will be able to review North America Small Satellite Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Small Satellite. Further deep in this chapter, you will be able to review Europe Small Satellite Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Small Satellite. Further deep in this chapter, you will be able to review Asia Pacific Small Satellite Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Small Satellite. Further deep in this chapter, you will be able to review South America Small Satellite Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Small Satellite. Further deep in this chapter, you will be able to review Middle East Small Satellite Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Small Satellite. Further deep in this chapter, you will be able to review Middle East Small Satellite Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Small Satellite. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Mass Analysis 2019 -2031, will provide market size split by Mass. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Mass Analysis 2021 - 2033
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Chapter 11 Market Split by Application Analysis 2021 - 2033
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Chapter 12 Market Split by End Use Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Small Satellite market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 14 Research Methodology and Sources
Why Small Satellite have a significant impact on Small Satellite market? |
What are the key factors affecting the Small Satellite and CubeSat of Small Satellite Market? |
What is the CAGR/Growth Rate of Education during the forecast period? |
By type, which segment accounted for largest share of the global Small Satellite Market? |
Which region is expected to dominate the global Small Satellite Market within the forecast period? |