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Nanosatellite and Microsatellite Market Research Report | Industry Insights By Growth, Emerging Trends And Forecast By 2025

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Elena Anderson
Nanosatellite and Microsatellite Market Research Report | Industry Insights By Growth, Emerging Trends And Forecast By 2025

According to the latest report by IMARC Group, titled "Nanosatellite and Microsatellite Market Report: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025," Looking forward, IMARC Group expects the market to register a CAGR of 18% during 2020-2025.

Nanosatellites and microsatellites (NaM) are the miniature versions of traditional satellites. They weigh between 1 to 10 kilograms and are highly mobile and can travel at extremely high speed. These satellites are usually launched at low altitudes and are used for space research, earth observation and communication.

Request for a free sample copy of this report: https://www.imarcgroup.com/nanosatellite-microsatellite-market/requestsample

Market Trends:

The extensive use of NaM in civil, commercial, defense and military sectors represents the primary factor catalyzing the market growth. It comprises various hardware, software and data processing devices that are used for geographical mapping, navigation, improving water management and carrying out relief and defense operations. Apart from this, NaM is utilized for research and scientific purposes due to their comparatively smaller size and affordability, which is another critical factor driving the market growth. Moreover, the constant innovation and technological advancements, such as the integration of artificial intelligence (AI) and the internet of things (IoT), along with the usage of Very High Frequency (VHF), Ultra High Frequency (UHF) and visible transmission technologies have helped in increasing signal frequencies and overall data transfer speeds between the satellite and the ground stations. This is expected to create a positive outlook for the market in the upcoming years.

Nanosatellite and Micro Market 2020-2025: Segmentation and Analysis of Top Keyplayers

Competitive Landscape

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these Key players include

  1. AAC Clyde Space.
  2. Axelspace Corporation
  3. Berlin Space Technologies
  4. GomSpace, ISIS
  5. L3harris Technologies Inc.
  6. Lockheed Martin Corporation.
  7. Planet Labs Tb Inc.
  8. Spacequest Ltd.
  9. Spire Inc.
  10. Surrey Satellite Technology
  11. Tyvak

The report has segmented on the basis of satellite, component, application, end-use sector and region

Breakup by Satellite:

  1. Nanosatellite (1kg to 10kg)
  2. Microsatellite (10kg to 100kg)
     

Breakup by Component:

  1. Hardware
  2. Software and Data Processing
  3. Space Services
  4. Launch Services
     

Breakup Application:

  1. Communication
  2. Earth Observation and Remote Sensing
  3. Scientific Research
  4. Biological Experiments
  5. Technology Demonstration and Verification
  6. Academic Training
  7. Mapping and Navigation
  8. Reconnaissance
  9. Others
     

Breakup by End-Use Sector:

  1. Government
  2. Civil
  3. Commercial
  4. Defense
  5. Energy and Infrastructure
  6. Others

Explore full report with table of contents: https://www.imarcgroup.com/nanosatellite-microsatellite-market
 

Breakup by Region:

  1. North America
  2. Asia Pacific
  3. Europe
  4. Latin America
  5. Middle East and Africa

Key highlights of the report:

  1. Market Performance (2014-2019)
  2. Market Outlook (2020- 2025)
  3. Porter’s Five Forces Analysis
  4. Market Drivers and Success Factors
  5. SWOT Analysis
  6. Value Chain
  7. Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

Browse Related Report:

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About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US:
IMARC Group
30 N Gould St, Ste R
Sheridan, WY 82801, USA
Website: https://www.imarcgroup.com/
Email: [email protected]
USA: +1-631-791-1145
Follow us on twitter: @imarcglobal
Linkedin: https://www.linkedin.com/company/imarc-group

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