Small Satellite Services: Global Market Forecasts to 2022 - High Investments by Venture Companies / Growth of Cloud Computing Market / Satellite Miniaturization

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May 01, 2018, 03:30 ET

DUBLIN, May 1, 2018 /PRNewswire/ --

The "Small Satellite Services Market by Platform (CubeSat, Nanosatellite, Microsatellite, Minisatellite), Vertical (Government & Military, Non-Profit Organizations), Application (Remote Sensing, Communication) & Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.

Key factors, such as increasing demand for internet access to areas without broadband connectivity and satellite miniaturization are expected to fuel the growth of the small satellite services market. However, factors, such as lack of dedicated launch vehicles and design-related limitations may act as restraints for the growth of the small satellite services market.

Based on platform, the minisatellite segment is projected to lead the small satellite services market during the forecast period. Minisatellites provide services, such as telecommunication, earth observation & meteorology, scientific research & exploration, mapping & navigation, and surveillance & security. The nanosatellite segment is projected to witness the highest growth. The low mission cost of nanosatellites has led to an increasing demand for these services in the defense sector.

Based on vertical, the commercial segment is projected to lead the small satellite services market during the forecast period, followed by the government & military segment. Small satellites help commercial companies gather global real-time data and distribute it at a surprisingly low price to their customers across a wide geographic area. Furthermore, advancements in terrestrial computing and the ability of satellites to communicate with one another have helped enhance the usefulness of small satellites in services, such as scientific research.

North America led the small satellite services market in 2016. The rising demand for small satellites in the defense sector is due to their use for surveillance activities, which ensures continued access to real-time data. The small satellite services market in North America is expected to account for the largest market share in 2017.

Key players profiled in the small satellite services market report include Singapore Telecommunications Limited (Singapore), Eutelsat Communications S.A. (France), EchoStar Corporation (US), Inmarsat plc (UK), and Viasat, Inc. (US), among others.

Market Dynamics

Drivers

Satellite Miniaturization
Increasing Focus on Reducing Mission Cost
High Investments By Venture Companies in the Small Satellite Services Market
Growth of Cloud Computing Market
Increasing Use of Small Satellite Remote Sensing Services
Increased Demand for Situational Awareness (SA)

Restraints

Programmatic and Scientific Risks Involved in the Production of Small Satellites
Lack of Dedicated Launch Vehicles for Small Satellite
Design-Related Limitations of Small Satellites

Opportunities

High Data Rate Communication
Proposed Development of Satellite Networks to Provide Internet Access Without Broadband Connectivity
Demand for Leo-Based Services

Challenges

Radio Spectrum Availability Issues
Scarce Intellectual Asset
Increasing Number of Proposed Small Satellites May Lead to Regulatory Challenges

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Regional Scope
1.3.3 Years Considered for the Study
1.4 Currency & Pricing
1.5 Study Limitations
1.6 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Demand-Side and Supply-Side Analysis
2.2.1 Introduction
2.2.2 Demand-Side Indicators
2.2.2.1 Increasing Use of Satellite Imagery By Government and Commercial Agencies
2.2.2.2 Improved Accuracy and Reliability of Earth Observation (EO) Data
2.2.2.3 Rising Applicability of Big Data
2.2.3 Supply-Side Indicators
2.2.3.1 Miniaturization of Electronics and Subcomponents Used in Small Satellites
2.2.3.2 Advancements in Microsatellite and Nanosatellite Technologies
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Demand for Remote Sensing Services and Situational Awareness is Expected to Offer Several Untapped Opportunities in the Small Satellite Services Market
4.2 Communication Application Segment, By Subsegment
4.3 Remote Sensing Application Segment, By Subsegment
4.4 Commercial Vertical Segment, By Subsegment
4.5 Remote Sensing Application Segment, By Region
4.6 Commercial Vertical Segment, By Region
4.7 Nanosatellite (1-10 Kg) Platform Segment, By Region

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Platform
5.2.2 By Vertical
5.2.3 By Application
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunities
5.3.4 Challenges

6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Radio Occultation
6.2.2 Full Motion Video
6.2.3 Hyper-Spectral and Multi-Spectral Imaging
6.2.4 Automated Meter Reading (AMR)
6.2.5 Vehicle Fleet Tracking
6.2.6 Use of Small Satellites to Provide Enhanced Space Imagery
6.3 Future Developments
6.3.1 Power Subsystems
6.3.2 Altitude Determination and Control
6.3.3 Propulsion
6.3.4 Structures, Materials, and Mechanisms
6.3.5 Communication
6.3.6 Launch Capability
6.4 Emerging Trends
6.4.1 Technological Advancements in Earth Observation Services
6.4.2 Space Debris Removal
6.4.3 Synthetic Aperture Radar (SAR)
6.4.4 Satellite Photography and Multispectral Imaging
6.4.5 Real-Time Acquisition and Processing Integrated Data Systems (RAPIDS)
6.4.6 Transportable Ground Receiving Station (GRS)
6.5 Venture Capital (VC) Funding
6.6 Cost Estimation/Comparison
6.6.1 Imagery and Radar Data From Space
6.6.2 Electro-Optic (EO) and Synthetic Aperture Radar (SAR) Image Pricing
6.6.3 Orthorectified Image
6.6.4 Coherently Combined Images
6.6.4.1 Change Detection
6.6.5 Digital Terrain Elevation Detection
6.7 Small Satellite Manufacturing - Supply Chain Analysis
6.7.1 Reasons for the Prevalence Or Probability of Satellite Failure
6.8 Reasons for Failure of Satellite Bus Components
6.8.1 Satellite Vulnerability Analysis
6.9 Small Satellite Launches Between 2015 and 2017
6.10 Space Launch Statistics, 2017
6.11 Reasons for Satellite Failure Or Backlog
6.12 Innovation & Patent Registrations

7 Small Satellite Services Market, By Platform
7.1 Introduction
7.2 Cubesat
7.3 Microsatellite (11-100 Kg)
7.4 Minisatellite (101-500 Kg)
7.5 Nanosatellite (1-10 Kg)

8 Small Satellite Services Market, By Vertical
8.1 Introduction
8.2 Commercial
8.3 Government & Military
8.4 Non-Profit Organization

9 Small Satellite Services Market, By Application
9.1 Introduction
9.2 Communication
9.2.1 Mobile Satellite Services
9.2.2 Fixed Satellite Services
9.2.3 Broadcast Satellite Services
9.3 Remote Sensing
9.3.1 Earth Imaging Services
9.3.2 Meteorology Services
9.3.3 Mapping & Monitoring Services
9.3.4 Others
9.4 Science & Technology and Education
9.5 Others

10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Russia
10.3.2 France
10.3.3 Germany
10.3.4 UK
10.3.5 Italy
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Rest of Asia Pacific
10.5 Rest of the World
10.5.1 Middle East
10.5.2 South America
10.5.3 Africa

11 Competitive Landscape
11.1 Introduction
11.2 Market Ranking Analysis
11.3 Competitive Scenario
11.3.1 Contracts
11.3.2 New Product Launches
11.3.3 Agreements/Collaborations/Joint Ventures/Acquisitions/Partnerships

12 Company Profiles
12.1 Introduction
12.2 Eutelsat
12.3 Globalstar
12.4 Inmarsat
12.5 Iridium Communication
12.6 Viasat
12.7 KVH Industries
12.8 Echostar
12.9 Singtel
12.10 Telesat

For more information about this report visit https://www.researchandmarkets.com/research/7wc7gx/small_satellite?w=5

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