Market Forecast’s latest report “Small Satellites — Market & Technology Forecast to 2027” examines, analyzes, and predicts the evolution of smallsat technologies, markets, and outlays (expenditures) over the next 8 years — 2019 -2027 in the space industry. The report also examines smallsat markets geographically, focusing on the top 95 percent of global markets, in the United States, Europe, and Asia.
A small satellite, miniaturized satellite, or smallsat, is a satellite of low mass and size, usually under 500 kg. (1,100 lb).
While all such satellites can be referred to as “small,” different classifications are used to categorize them based on mass. Motivated by visions of hundreds, if not thousands, of small satellites launching yearly; buoyed by venture capitals markets that become responsive to space endeavors; and encouraged by the highly visible success of SpaceX, entrepreneurs across the globe have embarked on what was once considered the incredibly risky and financially non-rewarding venture of designing and fielding a new rocket. The global smallsat market is dominated by companies based in the United States, China and European Union
The report reveals how smallsats are used today to add real value. To provide the most thorough and realistic forecast, this report provides a twin-scenario analysis, including “steady state,” emergence of new smallsat technology. This report classifies the smallsat industry into five major groups which are thoroughly researched and forecast figures from 2019 – 2027 are provided.
In particular, this report provides an in-depth analysis of the following:
- Overview: Snapshot of the various small sat tech in the space market during 2019-2027, including highlights of the demand drivers, trends and challenges. It also provides a snapshot of the spending with respect to regions as well as segments. It also sheds light on the emergence on new technologies
- Market Dynamics: Insights into the technological developments in this market and a detailed analysis of the changing preferences of governments around the world. It also analyzes changing industry structure trends and the challenges faced by the industry participants.
- Segment Analysis: Insights into the various Systems market from a segmental perspective and a detailed analysis of factors influencing the market for each segment.
- Regional Review: Insights into modernization patterns and budgetary allocation for top countries within a region.
- Regional Analysis: Insights into the Systems market from a regional perspective and a detailed analysis of factors influencing the market for each region.
- Trend Analysis: Key Small Sat Markets: Analysis of the key markets in each region, providing an analysis of the various Systems segments expected to be in demand in each region.
- Key Program Analysis: Details of the top programs in each segment expected to be executed during the forecast period.
- Competitive landscape Analysis: Analysis of competitive landscape of this industry. It provides an overview of key companies, together with insights such as key alliances, strategic initiatives and a brief financial analysis.
To learn more about the report, access this direct infolink…
For all involved in the satellite and space industry and the various market segments that add value to these dynamic environments, the 2020 SmallSat Symposium is truly worth your consideration for attendance.
The SmallSat Symposium is hosted by Satnews Publishers which, since 1983, has been a provider of a satellite news, media and events. This information packed forum was created to enable you and your company to secure a larger portion of market share as well as to take part in the next stages of your company’s or organization’s growth.
The personal connections at the SmallSat Symposium enable attendees to network with established organizations, subject-matter experts as well as ‘New Space’ entrants.
The SmallSat Symposium will focus on new technologies and the business environment that is shaping the implementation of smallsat constellations, smallsat launchers, the challenges facing the smallsat developer and actors as well as the enormous benefits of these advanced technologies that will benefit our world.
This event assembles more than 100 diverse speakers, all of whom possess deep industry experience. Additionally, numerous opportunities exist to mingle and network with peers while enjoying exceptional, complimentary meals and refreshment breakfast.