Table of Content


"1    INTRODUCTION    29
1.1    STUDY OBJECTIVES    29
1.2    MARKET DEFINITION    29
1.2.1    INCLUSIONS & EXCLUSIONS    29
1.2.2    MARKETS COVERED    30
FIGURE 1    SMALL SATELLITE MARKET SEGMENTATION    30
1.2.3    REGIONAL SCOPE    31
1.2.4    YEARS CONSIDERED FOR THE STUDY    31
1.3    CURRENCY & PRICING    32
TABLE 1    USD EXCHANGE RATES    32
1.4    LIMITATIONS    32
1.5    STAKEHOLDERS    33
1.6    SUMMARY OF CHANGES    33
2    RESEARCH METHODOLOGY    34
2.1    RESEARCH DATA    34
FIGURE 2    RESEARCH PROCESS FLOW    34
FIGURE 3    RESEARCH DESIGN    35
2.1.1    SECONDARY DATA    36
2.1.1.1    Key data from secondary sources    36
2.1.2    PRIMARY DATA    37
2.1.2.1    Key data from primary sources    37
2.1.3    KEY PRIMARY SOURCES    38
2.2    FACTOR ANALYSIS    39
2.2.1    INTRODUCTION    39
2.2.2    DEMAND-SIDE INDICATORS    39
2.2.3    SUPPLY-SIDE INDICATORS    39
2.3    RESEARCH APPROACH AND METHODOLOGY    40
2.3.1    BOTTOM-UP APPROACH    40
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    40
2.3.1.1    Market size estimation & methodology    41
2.3.1.2    Regional split of small satellite market    41
2.3.2    TOP-DOWN APPROACH    41
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    41
2.3.2.1    COVID-19 impact on small satellite market    42
2.4    DATA TRIANGULATION    42
FIGURE 6    DATA TRIANGULATION    42
2.5    RESEARCH ASSUMPTIONS    43
2.6    LIMITATIONS    43
2.7    RISKS    44
3    EXECUTIVE SUMMARY    45
FIGURE 7    SMALL SATELLITE SEGMENT EXPECTED TO LEAD MARKET FROM
2021 TO 2026    45
FIGURE 8    SATELLITE BUS SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    46
FIGURE 9    LASER/OPTICAL SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    46
FIGURE 10    COMMERCIAL SEGMENT PROJECTED TO LEAD SMALL SATELLITE MARKET DURING FORECAST PERIOD    47
FIGURE 11    NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2021    47
4    PREMIUM INSIGHTS    48
4.1    ATTRACTIVE GROWTH OPPORTUNITIES IN SMALL SATELLITE MARKET    48
FIGURE 12    INCREASED USE OF SMALL SATELLITES FOR TRACKING, MONITORING, AND SURVEILLANCE DRIVES MARKET    48
4.2    SMALL SATELLITE MARKET, BY APPLICATION    48
FIGURE 13    COMMUNICATION SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    48
4.3    SMALL SATELLITE MARKET, BY ORBIT    49
FIGURE 14    LEO SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    49
4.4    SMALL SATELLITE MARKET, BY MASS    49
FIGURE 15    SMALL SATELLITE SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    49
4.5    SMALL SATELLITE MARKET, BY FREQUENCY    50
FIGURE 16    LASER/OPTICAL SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    50
4.6    SMALL SATELLITE MARKET, BY END-USE    50
FIGURE 17    COMMERCIAL SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    50
4.7    SMALL SATELLITE MARKET, BY COUNTRY    51
FIGURE 18    SMALL SATELLITE MARKET IN AUSTRALIA PROJECTED TO GROW HIGHEST CAGR DURING FORECAST PERIOD    51
5    MARKET OVERVIEW    52
5.1    INTRODUCTION    52
5.2    MARKET DYNAMICS    53
FIGURE 19    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR SMALL SATELLITE MARKET    53
5.2.1    DRIVERS    53
5.2.1.1    Increasing demand for LEO-based small satellites    53
TABLE 2    KEY INFORMATION ON LEO AND MEO CONSTELLATIONS (OPERATIONAL)    54
TABLE 3    KEY INFORMATION ON LEO AND MEO CONSTELLATIONS (DEVELOPMENT)    54
5.2.1.2    Rising demand for Earth observation imagery and analytics    54
FIGURE 20    EARTH OBSERVATION, REMOTE SENSING CONSTELLATIONS    55
5.2.1.3    Software-defined payloads for communication satellites    55
5.2.1.4    Increase in number of space exploration missions    55
FIGURE 21    CUBESATS MISSION (UNITS) BEYOND LEO, 2018 TO 2025    56
5.2.1.5    Economical than conventional satellites    56
5.2.2    RESTRAINTS    57
5.2.2.1    Government policies    57
5.2.2.2    Lack of dedicated small satellite launch vehicles    57
FIGURE 22    SMALL LAUNCHER STATUS    58
5.2.3    OPPORTUNITIES    58
5.2.3.1    Use of software-defined technology for flexibility to alter space missions    58
5.2.3.2    Development of satellite network to provide internet access in areas without broadband connectivity    59
5.2.3.3    Increased government investments in space agencies    59
FIGURE 23    NANOSATS LAUNCHED BY LOCATION    60
5.2.3.4    Increased use of small satellites in various applications    60
FIGURE 24    CONSTELLATION APPLICATION IN 2021    61
5.2.4    CHALLENGES    61
5.2.4.1    Concern over space debris    61
5.2.4.2    Complex propulsion systems    62
5.2.4.3    Telemetry, tracking, and command issues    62
5.2.4.4    Raising capital and funding for satellite manufacturing and launch    62
5.2.4.5    Qualitative limitation of small satellites    62
5.3    COVID-19 IMPACT ON SMALL SATELLITE MARKET    63
FIGURE 25    COVID-19 IMPACT ON SMALL SATELLITE MARKET    63
FIGURE 26    COVID-19 IMPACT ON SUPPLY AND DEMAND SIDES OF SMALL SATELLITE MARKET    64
5.4    RANGE/SCENARIOS    65
FIGURE 27    PESSIMISTIC, REALISTIC, AND OPTIMISTIC SCENARIOS OF SMALL SATELLITE MARKET WITH REGARDS TO COVID-19 PANDEMIC    65
5.5    VALUE CHAIN ANALYSIS OF SMALL SATELLITE MARKET    66
FIGURE 28    VALUE CHAIN ANALYSIS    66
5.6    TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS    67
5.6.1    REVENUE SHIFT AND NEW REVENUE POCKETS FOR SMALL SATELLITE SYSTEM MANUFACTURERS    67
FIGURE 29    REVENUE SHIFT CURVE-SMALL SATELLITE MARKET    67
5.7    SMALL SATELLITE MARKET ECOSYSTEM    68
5.7.1    PROMINENT COMPANIES    68
5.7.2    PRIVATE AND SMALL ENTERPRISES    68
5.7.3    ECOSYSTEM    68
FIGURE 30    MARKET ECOSYSTEM MAP: SMALL SATELLITE MARKET    68
TABLE 4    SMALL SATELLITE MARKET ECOSYSTEM    69
5.8    PORTER’S FIVE FORCES ANALYSIS    70
TABLE 5    SMALL SATELLITE: PORTER’S FIVE FORCE ANALYSIS    71
5.8.1    THREAT OF NEW ENTRANTS    71
5.8.2    THREAT OF SUBSTITUTES    71
5.8.3    BARGAINING POWER OF SUPPLIERS    72
5.8.4    BARGAINING POWER OF BUYERS    72
5.8.5    INTENSITY OF COMPETITIVE RIVALRY    72
5.9    TARIFF AND REGULATORY LANDSCAPE    73
5.9.1    NORTH AMERICA    73
5.9.2    EUROPE    73
5.9.3    ASIA PACIFIC    74
5.9.4    MIDDLE EAST    74
5.10    TRADE ANALYSIS    75
TABLE 6    SMALL SATELLITE MARKET: COUNTRY-WISE IMPORT, 2019–2020 (USD THOUSAND)    75
TABLE 7    SMALL SATELLITE MARKET: COUNTRY-WISE EXPORTS, 2019–2020 (USD THOUSAND)    75
5.11    OPERATIONAL DATA    76
TABLE 8    GLOBAL SMALL SATELLITE LAUNCH VOLUME, BY MASS, 2018–2021    76
6    INDUSTRY TRENDS    77
6.1    INTRODUCTION    77
6.2    TECHNOLOGY TRENDS    77
6.2.1    EVOLUTION OF NANOSATELLITES AND MICROSATELLITES    77
FIGURE 31    EVOLUTION: NANOSATELLITE AND MICROSATELLITE    78
6.2.2    DEVELOPMENT OF SMALL SATELLITE CONSTELLATIONS TO ENHANCE COMMUNICATION    78
6.2.3    3D PRINTING OF SATELLITE EQUIPMENT    78
6.2.4    MINIATURIZATION IN SPACE TECHNOLOGY    79
6.2.5    USE OF SMALL SATELLITES TO PROVIDE ENHANCED SPACE IMAGERY    79
6.2.6    DEVELOPMENT OF DEDICATED LAUNCH VEHICLES FOR SMALL SATELLITES    80
TABLE 9    STATE-OF-THE-ART SMALL SATELLITE -CUBESAT TECHNOLOGIES    80
6.2.7    DISTRIBUTED ELECTRIC POWER SYSTEM (EPS) IN SMALL SATELLITE APPLICATIONS    81
TABLE 10    DIFFERENCE BETWEEN DISTRIBUTED AND CENTRALIZED EPS ARCHITECTURE -    81
6.2.8    HYPERSPECTRAL AND MULTI-SPECTRAL IMAGING    82
6.2.9    ENERGY STORAGE (PRIMARY & SECONDARY BATTERIES)    82
TABLE 11    CUBESAT BATTERY TECHNOLOGIES    82
6.2.10    DEVELOPMENT OF CUBESAT CONSTELLATIONS TO ENHANCE COMMUNICATION    83
6.3    USE CASES    83
6.3.1    USE CASE: CUBESATS FOR INTERPLANETARY MISSIONS    83
6.3.2    USE CASE: SMALL SATELLITES FOR IOT AND COMMUNICATIONS    83
6.3.3    USE CASE: SPACE-BASED GLOBAL WIRELESS MONITORING SYSTEMS    84
6.3.4    MEASUREMENTS OF MAGNETIC AND ELECTRIC FIELDS ON EARTH’S IONOSPHERE    84
6.3.5    USE CASE: REAL-TIME DATA TO EMERGENCY SYSTEM    84
6.3.6    USE CASE: SATELLITE RADIATION HARDNESS TEST    85
6.4    IMPACT OF MEGATRENDS    85
6.4.1    HYBRID BEAMFORMING METHODS    85
6.4.2    DEVELOPMENT OF NEW-GENERATION CUBESAT FOR LUNAR EXPLORATION    86
6.4.3    COGNITIVE RADIO (SDR-CR) TECHNOLOGY    86
6.4.4    SHIFT IN GLOBAL ECONOMIC POWER    86
6.4.5    PATENT ANALYSIS    87
TABLE 12    INNOVATIONS & PATENT REGISTRATIONS, 2020-2021    87
7    SMALL SATELLITE MARKET, BY MASS    89
7.1    INTRODUCTION    90
FIGURE 32    SMALL SATELLITE SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    90
TABLE 13    SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    90
TABLE 14    SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    91
7.2    SMALL SATELLITE    91
TABLE 15    SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    91
TABLE 16    SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    92
7.2.1    MINISATELLITE (100–500 KG)    92
7.2.1.1    Widely used for Earth observation and broadband internet    92
7.2.2    MICROSATELLITE (10–100 KG)    92
7.2.2.1    Microsatellites are capable of functioning as effective tactical communication devices for military applications    92
7.2.3    NANOSATELLITE (1–10 KG)    93
7.2.3.1    Nanosatellites are used for a variety of commercial applications    93
7.3    CUBESAT    94
TABLE 17    CUBE SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    94
TABLE 18    CUBE SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    94
7.3.1    CUBESAT (0.25–5 U)    94
7.3.2    1U    95
7.3.2.1    Key focus on developing 0.25u – 1u cubesats for communication    95
7.3.3    2U    95
7.3.3.1    2u cubesats are used for testing emerging technologies    95
7.3.4    3U    95
7.3.4.1    3u cubesats are used for earth observation and traffic monitoring    95
7.3.5    6U    96
7.3.5.1    Increasing demand for 6u cubesats for space science missions drive this segment    96

7.3.6    >12U    96
7.3.6.1    12u cubesats are used in deep space missions and research    96
8    SMALL SATELLITE MARKET, BY SUBSYSTEM    97
8.1    INTRODUCTION    98
FIGURE 33    SATELLITE BUS SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    98
TABLE 19    SMALL SATELLITE MARKET, BY SUBSYSTEM, 2018–2020 (USD MILLION)    98
TABLE 20    SMALL SATELLITE MARKET, BY SUBSYSTEM, 2021–2026 (USD MILLION)    98
8.2    SATELLITE BUS    99
TABLE 21    SATELLITE BUS MARKET, BY SUBTYPE, 2018–2020 (USD MILLION)    99
TABLE 22    SATELLITE BUS MARKET, BY SUBTYPE, 2021–2026 (USD MILLION)    99
8.2.1    ATTITUDE & ORBITAL CONTROL SYSTEM    100
8.2.1.1    Need for stability of payloads and pointing accuracy expected to drive this segment    100
8.2.2    COMMAND & DATA HANDLING SYSTEM (C&DH)    100
8.2.2.1    C&DH system control overall operations of small satellites    100
8.2.3    ELECTRICAL POWER SYSTEM (EPS)    100
8.2.3.1    Technological advancements in electrical power systems drive their demand    100
8.2.4    PROPULSION    101
TABLE 23    PROPULSION SYSTEM MARKET, BY TYPE, 2018–2020 (USD MILLION)    101
TABLE 24    PROPULSION SYSTEMM MARKET, BY TYPE, 2021–2026 (USD MILLION)    101
8.2.4.1    Chemical Propulsion    102
8.2.4.1.1    Technological innovations will drive demand for chemical propulsion    102
8.2.4.2    Electric Propulsion    102
8.2.4.2.1    Improved performance of new-generation systems drive market    102
8.2.4.3    Hybrid Propulsion    102
8.2.4.3.1    Demand for low-cost launch vehicles drive this segment    102
8.2.5    TELEMETRY, TRACKING, AND COMMAND (TT&C)    103
8.2.5.1    Need for effective communication between satellite and ground station fuel this segment    103
8.2.6    STRUCTURE    103
8.2.6.1    Standardized structures enable proper placement of systems in satellites    103
8.2.7    THERMAL SYSTEM    103
8.2.7.1    Need for miniaturized thermal management systems is fueling market    103
8.3    PAYLOADS    104
TABLE 25    PAYLOAD SYSTEM MARKET, BY TYPE, 2018–2020 (USD MILLION)    104
TABLE 26    PAYLOAD SYSTEM MARKET, BY TYPE, 2021–2026 (USD MILLION)    104
8.3.1    TRADITIONAL PAYLOADS    104
TABLE 27    TRADITIONAL PAYLOAD SYSTEM MARKET, BY TYPE, 2018–2020 (USD MILLION)    105
TABLE 28    TRADITIONAL PAYLOAD SYSTEM MARKET, BY TYPE, 2021–2026 (USD MILLION)    105
8.3.1.1    Optical and infrared    105
8.3.1.1.1    Increased demand for Earth observation and remote sensing applications to drive this segment    105
8.3.1.2    Hyperspectral and multispectral imager    106
8.3.1.2.1    Increased need for applications like mapping & remote sensing to drive demand    106
8.3.1.3    Radar payload    106
8.3.1.3.1    Demand for high-resolution remote sensing has driven demand    106
8.3.1.4    Communication payload/transponder    106
8.3.1.4.1    Increasing demand for efficient communication for small satellites has driven demand    106
8.3.1.5    Others    107
8.3.2    SOFTWARE-DEFINED PAYLOADS    107
8.3.2.1    Use of software-defined technology for flexibility to alter space mission drive this segment    107
8.4    SOLAR PANELS    108
8.5    SATELLITE ANTENNA    108
8.5.1    WIRE ANTENNAS    108
8.5.1.1    Monopole    108
8.5.1.1.1    Monopole antennas provide shorter signals with A wider coverage area    108
8.5.1.2    Dipole    109
8.5.1.2.1    Dipole antennas are used for radio transmitting and receiving applications    109
8.5.2    HORN ANTENNAS    109
8.5.2.1    horn antennas are used for Earth observation Due to their wide range of frequency    109
8.5.3    ARRAY ANTENNAS    109
8.5.3.1    Advancements in solid-state technology has made phased array antennas more cost-effective    109
8.5.4    REFLECTOR ANTENNAS    110
8.5.4.1    Parabolic reflector    110
8.5.4.1.1    Parabolic reflectors are used for point-to-point communication    110
8.5.4.2    Double reflector    110
8.5.4.2.1    Double reflector has better gain than other antennas    110
8.6    OTHERS    110

9    SMALL SATELLITE MARKET, BY END-USE    111
9.1    INTRODUCTION    112
FIGURE 34    COMMERCIAL SEGMENT PROJECTED TO LEAD MARKET FOR SMALL SATELLITES DURING FORECAST PERIOD    112
TABLE 29    SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    112
TABLE 30    SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    112
9.2    COMMERCIAL    113
TABLE 31    SMALL SATELLITE MARKET, BY COMMERCIAL END USER, 2018–2020 (USD MILLION)    113
TABLE 32    SMALL SATELLITE MARKET, BY COMMERCIAL END USER, 2021–2026 (USD MILLION)    113
9.2.1    SATELLITE OPERATORS/OWNERS    114
9.2.1.1    Extensive use of small satellites for commercialization and data transferability to drive the market    114
9.2.2    MEDIA & ENTERTAINMENT    114
9.2.2.1    Increasing demand for on-demand and streaming information and entertainment to drive the market    114
9.2.3    ENERGY INDUSTRY    114
9.2.3.1    Demand for monitoring structural integrity of nuclear power stations to drive the market    114
9.2.4    SCIENTIFIC RESEARCH & DEVELOPMENT    115
9.2.4.1    Endless prospects in space research to create market opportunities    115
9.2.5    OTHERS    115
9.3    GOVERNMENT & MILITARY    115
TABLE 33    SMALL SATELLITE MARKET, BY GOVERNMENT & MILITARY END USER, 2018–2020 (USD MILLION)    116
TABLE 34    SMALL SATELLITE MARKET, BY GOVERNMENT AND MILITARY END USER, 2021–2026 (USD MILLION)    116
9.3.1    DEPARTMENT OF DEFENSE & INTELLIGENCE AGENCIES    116
9.3.1.1    Increasing demand for real-time data and imaging to trigger market growth    116
9.3.2    NATIONAL SPACE AGENCIES    117
9.3.2.1    Small satellites lead to efficient Earth observation and remote sensing    117
9.3.3    SEARCH AND RESCUE ENTITIES    117
9.3.3.1    Need for Earth observation for search & rescue operations to drive demand    117
9.3.4    ACADEMIC & RESEARCH INSTITUTIONS    117
9.3.4.1    Increasing support from government to train students in small satellite development to drive demand    117
9.3.5    NATIONAL MAPPING & TOPOGRAPHIC AGENCIES    117
9.3.5.1    Increased investments in small satellites to improve GPS-based navigation will trigger demand    117
9.4    DUAL-USE    118
9.4.1    INCREASE IN THE LAUNCH OF SATELLITES FOR BETTER CONNECTIVITY AND PROVISION OF HIGH-SPEED DATA TO DRIVE THE MARKET    118
10    SMALL SATELLITE MARKET, BY APPLICATION    119
10.1    INTRODUCTION    120
FIGURE 35    COMMUNICATION SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    120
TABLE 35    SMALL SATELLITE MARKET, BY APPLICATION, 2018–2020 (USD MILLION)    121
TABLE 36    SMALL SATELLITE MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    121
10.2    COMMUNICATION    121
10.2.1    ADVANCEMENTS IN TECHNOLOGY PROVIDING EFFICIENT MINIATURIZED COMMUNICATIONS SYSTEMS DRIVE MARKET    121
10.3    EARTH OBSERVATION & REMOTE SENSING    122
10.3.1    COMPACT NATURE OF SMALL SATELLITES LED TO EFFICIENT EARTH OBSERVATION AND REMOTE SENSING    122
10.4    SCIENTIFIC    122
10.4.1    MINIATURIZATION OF SUBCOMPONENTS AND PAYLOADS FACILITATES USE OF SMALL SATELLITES FOR NEW SPACE SCIENCE MISSIONS    122
10.5    TECHNOLOGY    123
10.5.1    INCREASED INVESTMENTS IN SMALL SATELLITES TO DEVELOP BETTER NAVIGATION AND TRACKING TECHNOLOGIES WILL DRIVE MARKET    123
10.6    OTHERS    123
11    SMALL SATELLITE MARKET, BY FREQUENCY    125
11.1    INTRODUCTION    126
FIGURE 36    KU-BAND SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    126
TABLE 37    SMALL SATELLITE MARKET, BY FREQUENCY, 2018–2020 (USD MILLION)    127
TABLE 38    SMALL SATELLITE MARKET, BY FREQUENCY, 2021–2026 (USD MILLION)    127
11.2    L-BAND    128
11.2.1    L-BAND IS EXTENSIVELY USED IN DATA COMMUNICATIONS AND TRAFFIC INFORMATION    128
11.3    S-BAND    128
11.3.1    LOW DRAG AND LIGHTWEIGHT S-BAND ANTENNAS ARE COMPATIBLE FOR SPACE OPERATIONS    128
11.4    C-BAND    128
11.4.1    SMALL SATELLITES WITH C-BAND FREQUENCY ARE USED FOR NAVIGATION PURPOSES    128
11.5    X-BAND    129
11.5.1    INCREASED USE OF X-BAND TO PROVIDE HIGH-THROUGHPUT COMMUNICATION FROM SPACECRAFT TO GROUND STATIONS WILL DRIVE MARKET    129
11.6    KU-BAND    129
11.6.1    NEED FOR A WIDER RANGE OF DATA COMMUNICATION TO DRIVE DEMAND    129
11.7    KA-BAND    130
11.7.1    KA-BAND ANTENNAS ARE USED FOR HIGH BANDWIDTH COMMUNICATION    130
11.8    Q/V-BAND    130
11.8.1    Q/V BAND ANTENNAS REDUCE SIGNAL FADING AT HIGH-FREQUENCY BANDS    130
11.9    HF/VHF/UHF-BAND    131
11.9.1    HF/VHF/UHF BAND ANTENNAS ARE EXTENSIVELY USED FOR CUBESAT COMMUNICATION    131
11.10    LASER/OPTICAL-BAND    131
11.10.1    LASER/OPTICAL BAND COMMUNICATION IN SPACE OPENS VIRTUALLY UNLIMITED CAPACITIES WITHOUT REGULATIONS    131
12    SMALL SATELLITE MARKET, BY ORBIT    132
12.1    INTRODUCTION    133
FIGURE 37    GEO SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    133
TABLE 39    SMALL SATELLITE MARKET, BY ORBIT, 2018–2020 (USD MILLION)    134
TABLE 40    SMALL SATELLITE MARKET, BY ORBIT, 2021–2026 (USD MILLION)    134
12.2    LOW EARTH ORBIT (LEO)    134
12.2.1    INCREASED DEMAND FOR LEO CONSTELLATION SATELLITES DEVELOPED BY SPACEX AND ONEWEB DRIVE THIS SEGMENT    134
12.3    MEDIUM EARTH ORBIT (MEO)    135
12.3.1    INCREASING DEMAND FOR SATELLITE SERVICES FOR TELECOMMUNICATIONS, ENTERTAINMENT & MOBILE BROADBAND APPLICATIONS WILL FUEL THIS SEGMENT    135
12.4    GEOSTATIONARY EARTH ORBIT (GEO)    135
12.4.1    GEO SATELLITES OPERATE AT HIGH ALTITUDES AND PAYLOADS CARRIED BY THEM HAVE LONG LIFE EXPECTANCY    135
12.5    OTHERS    136
12.5.1    ONGOING TECHNOLOGICAL ADVANCES TO BOOST FUTURE DEEP-SPACE EXPLORATION ACTIVITIES    136
13    REGIONAL ANALYSIS    137
13.1    INTRODUCTION    138
FIGURE 38    NORTH AMERICA ACCOUNTED FOR LARGEST SHARE OF SMALL SATELLITE MARKET IN 2021    138
TABLE 41    SMALL SATELLITE MARKET, BY REGION, 2018–2020 (USD MILLION)    139
TABLE 42    SMALL SATELLITE MARKET, BY REGION, 2021–2026 (USD MILLION)    139
13.2    NORTH AMERICA    139
13.2.1    NORTH AMERICA: COVID-19 IMPACT    140
13.2.2    PESTLE ANALYSIS: NORTH AMERICA    140
FIGURE 39    NORTH AMERICA SMALL SATELLITE MARKET SNAPSHOT    141
TABLE 43    NORTH AMERICA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    142
TABLE 44    NORTH AMERICA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    142
TABLE 45    NORTH AMERICA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    142
TABLE 46    NORTH AMERICA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    142
TABLE 47    NORTH AMERICA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    143
TABLE 48    NORTH AMERICA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    143
TABLE 49    NORTH AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2018–2020 (USD MILLION)    143
TABLE 50    NORTH AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    143
13.2.3    US    144
13.2.3.1    Increased use of small satellites in agricultural vertical is driving the market    144
TABLE 51    US: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    144
TABLE 52    US: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    144
TABLE 53    US: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    145
TABLE 54    US: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    145
TABLE 55    US: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    145
TABLE 56    US: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    145
13.2.4    CANADA    146
13.2.4.1    Government initiatives propel the market    146
TABLE 57    CANADA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    146
TABLE 58    CANADA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    146
TABLE 59    CANADA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    146
TABLE 60    CANADA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    147
TABLE 61    CANADA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    147
TABLE 62    CANADA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    147
13.3    EUROPE    148
13.3.1    EUROPE: COVID-19 IMPACT    148
13.3.2    PESTLE ANALYSIS: EUROPE    148
FIGURE 40    EUROPE SMALL SATELLITE MARKET SNAPSHOT    150
TABLE 63    EUROPE: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    150
TABLE 64    EUROPE: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    151
TABLE 65    EUROPE: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    151
TABLE 66    EUROPE: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    151
TABLE 67    EUROPE: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    151
TABLE 68    EUROPE: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    152
TABLE 69    EUROPE: SMALL SATELLITE MARKET, BY COUNTRY, 2018–2020 (USD MILLION)    152
TABLE 70    EUROPE: SMALL SATELLITE MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    152
13.3.3    RUSSIA    153
13.3.3.1    Growing reliability on self-developed space systems will drive market    153
TABLE 71    RUSSIA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    153
TABLE 72    RUSSIA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    153
TABLE 73    RUSSIA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    154
TABLE 74    RUSSIA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    154
TABLE 75    RUSSIA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    154
TABLE 76    RUSSIA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    154
13.3.4    UK    155
13.3.4.1    Innovations in satellite technologies drive market in the UK    155
TABLE 77    UK: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    155
TABLE 78    UK: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    155
TABLE 79    UK: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    156
TABLE 80    UK: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    156
TABLE 81    UK: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    156
TABLE 82    UK: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    156
13.3.5    GERMANY    157
13.3.5.1    Increase in demand for CubeSats to drive the market    157
TABLE 83    GERMANY: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    157
TABLE 84    GERMANY: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    157
TABLE 85    GERMANY: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    158
TABLE 86    GERMANY: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    158
TABLE 87    GERMANY: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    158
TABLE 88    GERMANY: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    158
13.3.6    FINLAND    159
13.3.6.1    Increasing partnerships among local companies will boost the market    159
TABLE 89    FINLAND: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    159
TABLE 90    FINLAND: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    159
TABLE 91    FINLAND: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    160
TABLE 92    FINLAND: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    160
TABLE 93    FINLAND: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    160
TABLE 94    FINLAND: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    160
13.3.7    ITALY    161
13.3.7.1    Demand for Earth observation and science missions are driving the market    161
TABLE 95    ITALY: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    161
TABLE 96    ITALY: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    161
TABLE 97    ITALY: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    162
TABLE 98    ITALY: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    162
TABLE 99    ITALY: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    162
TABLE 100    ITALY: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    163
13.3.8    REST OF EUROPE    163
TABLE 101    REST OF EUROPE: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    163
TABLE 102    REST OF EUROPE: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    164
TABLE 103    REST OF EUROPE: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    164
TABLE 104    REST OF EUROPE: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    164
TABLE 105    REST OF EUROPE: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    164
TABLE 106    REST OF EUROPE: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    165
13.4    ASIA PACIFIC    165
13.4.1    ASIA PACIFIC: COVID-19 IMPACT    165
13.4.2    PESTLE ANALYSIS: ASIA PACIFIC    165
FIGURE 41    ASIA PACIFIC SMALL SATELLITE SNAPSHOT    167
TABLE 107    ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    167
TABLE 108    ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    168
TABLE 109    ASIA PACIFIC: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    168
TABLE 110    ASIA PACIFIC: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    168
TABLE 111    ASIA PACIFIC: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    168
TABLE 112    ASIA PACIFIC: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    169
TABLE 113    ASIA PACIFIC: SMALL SATELLITE MARKET, BY COUNTRY, 2018–2020 (USD MILLION)    169
TABLE 114    ASIA PACIFIC: SMALL SATELLITE MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    169
13.4.3    CHINA    170
13.4.3.1    Dependence on self-made space technology has led to increased satellite launches in China    170
TABLE 115    CHINA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    170
TABLE 116    CHINA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    170
TABLE 117    CHINA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    170
TABLE 118    CHINA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    171
TABLE 119    CHINA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    171
TABLE 120    CHINA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    171
13.4.4    INDIA    172
13.4.4.1    Upcoming space initiatives to drive the market    172
TABLE 121    INDIA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    172
TABLE 122    INDIA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    172
TABLE 123    INDIA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    173
TABLE 124    INDIA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    173
TABLE 125    INDIA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    173
TABLE 126    INDIA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    173
13.4.5    JAPAN    174
13.4.5.1    Involvement of private space companies in government space programs will drive market    174
TABLE 127    JAPAN: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    174
TABLE 128    JAPAN: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    174
TABLE 129    JAPAN: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    175
TABLE 130    JAPAN: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    175
TABLE 131    JAPAN: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    175
TABLE 132    JAPAN: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    175
13.4.6    SOUTH KOREA    176
13.4.6.1    Increased government funding provides significant opportunities for market growth    176
TABLE 133    SOUTH KOREA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    176
TABLE 134    SOUTH KOREA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    176
TABLE 135    SOUTH KOREA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    177
TABLE 136    SOUTH KOREA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    177
TABLE 137    SOUTH KOREA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    177
TABLE 138    SOUTH KOREA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    178
13.4.7    AUSTRALIA    178
13.4.7.1    Government encouraging new manufacturers for opening new facilities will drive market    178
TABLE 139    AUSTRALIA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    178
TABLE 140    AUSTRALIA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    179
TABLE 141    AUSTRALIA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    179
TABLE 142    AUSTRALIA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    179
TABLE 143    AUSTRALIA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    180
TABLE 144    AUSTRALIA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    180
13.4.8    REST OF ASIA PACIFIC    180
TABLE 145    REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    181
TABLE 146    REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    181
TABLE 147    REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    181
TABLE 148    REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    181
TABLE 149    REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    182
TABLE 150    REST OF ASIA PACIFIC: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    182
13.5    MIDDLE EAST & AFRICA    182
13.5.1    MIDDLE EAST & AFRICA: COVID-19 IMPACT    183
13.5.2    PESTLE ANALYSIS: MIDDLE EAST AND AFRICA    183
FIGURE 42    MIDDLE EAST AND AFRICA SMALL SATELLITE SNAPSHOT    184
TABLE 151    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    184
TABLE 152    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    185
TABLE 153    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    185
TABLE 154    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    185
TABLE 155    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    185
TABLE 156    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    186
TABLE 157    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY COUNTRY, 2018–2020 (USD MILLION)    186
TABLE 158    MIDDLE EAST AND AFRICA: SMALL SATELLITE MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    186
13.5.3    SAUDI ARABIA    187
13.5.3.1    Collaboration with universities for technological advancements in space systems driving market    187
TABLE 159    SAUDI ARABIA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    187
TABLE 160    SAUDI ARABIA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    187
TABLE 161    SAUDI ARABIA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    188
TABLE 162    SAUDI ARABIA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    188
TABLE 163    SAUDI ARABIA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    188
TABLE 164    SAUDI ARABIA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    189
13.5.4    ISRAEL    189
13.5.4.1    Increased private investments in space technology is driving the market    189
TABLE 165    ISRAEL: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    189
TABLE 166    ISRAEL: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    190
TABLE 167    ISRAEL: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    190
TABLE 168    ISRAEL: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    190
TABLE 169    ISRAEL: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    190
TABLE 170    ISRAEL: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    191
13.5.5    UAE    191
13.5.5.1    Advanced satellite systems required for border control in UAE will drive market    191
TABLE 171    UAE: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    191
TABLE 172    UAE: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    192
TABLE 173    UAE: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    192
TABLE 174    UAE: SMALL SATELLITE MARKET, BY TYPE 2021–2026 (USD MILLION)    192
TABLE 175    UAE: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    193
TABLE 176    UAE: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    193
13.5.6    REST OF MIDDLE EAST    193
TABLE 177    REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    194
TABLE 178    REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    194
TABLE 179    REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    194
TABLE 180    REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    194
TABLE 181    REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    195
TABLE 182    REST OF MIDDLE EAST: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    195"
"13.6    LATIN AMERICA    195
13.6.1    LATIN AMERICA: COVID-19 IMPACT    195
13.6.2    PESTLE ANALYSIS: LATIN AMERICA    196
FIGURE 43    LATIN AMERICA SMALL SATELLITE SNAPSHOT    197
TABLE 183    LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    197
TABLE 184    LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    198
TABLE 185    LATIN AMERICA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    198
TABLE 186    LATIN AMERICA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    198
TABLE 187    LATIN AMERICA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    198
TABLE 188    LATIN AMERICA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    199
TABLE 189    LATIN AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2018–2020 (USD MILLION)    199
TABLE 190    LATIN AMERICA: SMALL SATELLITE MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    199
13.6.3    MEXICO    200
13.6.3.1    Collaborative studies and CubeSat launch initiatives by universities expected to drive market    200
TABLE 191    MEXICO: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    200
TABLE 192    MEXICO: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    200
TABLE 193    MEXICO: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    201
TABLE 194    MEXICO: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    201
TABLE 195    MEXICO: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    201
TABLE 196    MEXICO: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    201
13.6.4    ARGENTINA    202
13.6.4.1    Increasing need for improving space situational awareness will drive market    202
TABLE 197    ARGENTINA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    202
TABLE 198    ARGENTINA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    202
TABLE 199    ARGENTINA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    202
TABLE 200    ARGENTINA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    203
TABLE 201    ARGENTINA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    203
TABLE 202    ARGENTINA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    203
13.6.5    REST OF LATIN AMERICA    204
TABLE 203    REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2018–2020 (USD MILLION)    204
TABLE 204    REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY MASS, 2021–2026 (USD MILLION)    204
TABLE 205    REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY TYPE, 2018–2020 (USD MILLION)    205
TABLE 206    REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY TYPE, 2021–2026 (USD MILLION)    205
TABLE 207    REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY END-USE, 2018–2020 (USD MILLION)    205
TABLE 208    REST OF LATIN AMERICA: SMALL SATELLITE MARKET, BY END-USE, 2021–2026 (USD MILLION)    206

14    COMPETITIVE LANDSCAPE    207
14.1    INTRODUCTION    207
14.2    COMPANY OVERVIEW    207
TABLE 209    KEY DEVELOPMENTS OF LEADING PLAYERS IN SMALL SATELLITE MARKET (2019-2O21)    207
14.3    RANKING ANALYSIS OF KEY PLAYERS IN SMALL SATELLITE MARKET    208
FIGURE 44    RANKING OF KEY PLAYERS IN SMALL SATELLITE MARKET, 2020    208
14.4    MARKET SHARE OF KEY PLAYERS, 2020    208
FIGURE 45    SHARE OF LEADING PLAYERS IN SMALL SATELLITE MARKET    208
14.5    MARKET RANKING ANALYSIS OF KEY PLAYERS, 2020    210
FIGURE 46    REVENUE ANALYSIS OF KEY COMPANIES IN LAST 4 YEARS    210
14.6    COMPANY PRODUCT FOOTPRINT ANALYSIS    211
TABLE 210    COMPANY PRODUCT FOOTPRINT    211
TABLE 211    COMPANY SUBSYSTEMS FOOTPRINT    212
TABLE 212    COMPANY WEIGHT FOOTPRINT    213
TABLE 213    COMPANY REGIONAL FOOTPRINT    214
14.7    COMPETITIVE EVALUATION QUADRANT    215
14.7.1    STAR    215
14.7.2    EMERGING LEADER    215
14.7.3    PERVASIVE    215
14.7.4    PARTICIPANT    215
FIGURE 47    MARKET COMPETITIVE LEADERSHIP MAPPING, 2020    216
14.8    STARTUP/SME EVALUATION QUADRANT    216
14.8.1    PROGRESSIVE COMPANY    216
14.8.2    RESPONSIVE COMPANY    216
14.8.3    STARTING BLOCK    217
14.8.4    DYNAMIC COMPANY    217
FIGURE 48    SMALL SATELLITE MARKET (STARTUP/SME) COMPETITIVE LEADERSHIP MAPPING, 2020    217
14.9    COMPETITIVE SCENARIO    218
14.9.1    MARKET EVALUATION FRAMEWORK    218
14.9.2    NEW PRODUCT LAUNCHED AND DEVELOPMENT    218
TABLE 214    NEW PRODUCT LAUNCHES, JANUARY 2019–NOVEMBER 2021    218
14.9.3    CONTRACTS, PARTNERSHIPS, AND AGREEMENTS    219
TABLE 215    CONTRACTS, PARTNERSHIPS, AND AGREEMENTS, JANUARY 2019–DECEMBER 2021    219
14.9.4    COLLABORATIONS AND EXPANSIONS    229
TABLE 216    EXPANSION AND COLLABORATION, JANUARY 2019–NOVEMBER 2021    229

15    COMPANY PROFILES    232
15.1    INTRODUCTION    232
(Business overview, Products/solutions/services offered, Recent developments & MnM View)*
15.2    KEY PLAYERS    232
15.2.1    LOCKHEED MARTIN CORPORATION    232
TABLE 217    LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW    233
FIGURE 49    LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT    233
TABLE 218    LOCKHEED MARTIN CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    234
TABLE 219    LOCKHEED MARTIN CORPORATION: DEALS    234
15.2.2    SIERRA NEVADA CORPORATION    236
TABLE 220    SIERRA NEVADA CORPORATION: BUSINESS OVERVIEW    236
TABLE 221    SIERRA NEVADA CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    236
TABLE 222    SIERRA NEVADA CORPORATION: DEALS    237
15.2.3    L3HARRIS TECHNOLOGIES INC.    238
TABLE 223    L3HARRIS TECHNOLOGIES INC: BUSINESS OVERVIEW    238
FIGURE 50    L3HARRIS TECHNOLOGIES INC.: COMPANY SNAPSHOT    239
TABLE 224    L3HARRIS TECHNOLOGIES INC: PRODUCT/SOLUTIONS/SERVICES OFFERED    239
TABLE 225    L3HARRIS TECHNOLOGIES: DEALS    240
TABLE 226    L3HARRIS TECHNOLOGIES: OTHERS    241
15.2.4    NORTHROP GRUMMAN CORPORATION    242
TABLE 227    NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW    242
FIGURE 51    NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT    243
TABLE 228    NORTHROP GRUMMAN CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    243
TABLE 229    NORTHROP GRUMMAN CORPORATION: DEALS    244
15.2.5    AIRBUS DEFENSE & SPACE    245
TABLE 230    AIRBUS DEFENCE AND SPACE: BUSINESS OVERVIEW    245
FIGURE 52    AIRBUS DEFENCE AND SPACE: COMPANY SNAPSHOT    246
TABLE 231    AIRBUS DEFENCE AND SPACE: PRODUCT/SOLUTIONS/SERVICES OFFERED    246
TABLE 232    AIRBUS DEFENCE AND SPACE: DEALS    247
15.2.6    SURREY SATELLITE TECHNOLOGY LTD (SSTL)    249
TABLE 233    SURREY SATELLITE TECHNOLOGY LTD: BUSINESS OVERVIEW    249
TABLE 234    SURREY SATELLITE TECHNOLOGY LTD: PRODUCT/SOLUTIONS/SERVICES OFFERED    249
TABLE 235    SURREY SATELLITE TECHNOLOGY LTD.: DEALS    250
TABLE 236    SURREY SATELLITE TECHNOLOGY LTD.: OTHERS    252
15.2.7    THALES GROUP    253
TABLE 237    THALES GROUP: BUSINESS OVERVIEW    253
FIGURE 53    THALES GROUP: COMPANY SNAPSHOT    254
TABLE 238    THALES GROUP: PRODUCT/SOLUTIONS/SERVICES OFFERED    254
15.2.8    GOMSPACE    255
TABLE 239    GOMSPACE: BUSINESS OVERVIEW    255
FIGURE 54    GOMSPACE: COMPANY SNAPSHOT    256
TABLE 240    GOMSPACE: PRODUCT/SOLUTIONS/SERVICES OFFERED    256
TABLE 241    GOMSPACEE.: DEALS    258
15.2.9    PLANET LABS INC    260
TABLE 242    PLANET LAB INC: BUSINESS OVERVIEW    260
FIGURE 55    PLANET LAB INC: COMPANY SNAPSHOT    260
TABLE 243    PLANET LAB INC: PRODUCT/SOLUTIONS/SERVICES OFFERED    261
TABLE 244    PLANET LAB INC.: DEALS    262
TABLE 245    PLANET LAB INC.: OTHERS    262
15.2.10    RAYTHEON TECHNOLOGIES CORPORATION    263
TABLE 246    RAYTHEON TECHNOLOGIES CORPORATION: BUSINESS OVERVIEW    263
FIGURE 56    RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT    264
TABLE 247    RAYTHEON TECHNOLOGIES CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    264
TABLE 248    RAYTHEON TECHNOLOGIES CORPORATION.: DEALS    266
TABLE 249    RAYTHEON TECHNOLOGIES CORPORATION: OTHERS    267
15.2.11    OHB SE    268
TABLE 250    OHB SE: BUSINESS OVERVIEW    268
FIGURE 57    OHB SE: COMPANY SNAPSHOT    269
TABLE 251    OHB SE: PRODUCT/SOLUTIONS/SERVICES OFFERED    269
TABLE 252    OHB SE: DEALS    270
TABLE 253    OHB SE: OTHERS    270
15.2.12    MAXAR TECHNOLOGIES    271
TABLE 254    MAXAR TECHNOLOGIES: BUSINESS OVERVIEW    271
FIGURE 58    MAXAR TECHNOLOGIES: COMPANY SNAPSHOT    272
TABLE 255    MAXAR TECHNOLOGIES: PRODUCT/SOLUTIONS/SERVICES OFFERED    272
15.2.13    SPACE EXPLORATION TECHNOLOGIES CORP. (SPACEX)    273
TABLE 256    SPACEX: BUSINESS OVERVIEW    273
TABLE 257    SPACEX: PRODUCT/SOLUTIONS/SERVICES OFFERED    273
TABLE 258    SPACEX: DEALS    274
TABLE 259    SPACEX: OTHERS    274
15.2.14    THE AEROSPACE CORPORATION    275
TABLE 260    THE AEROSPACE CORPORATION: BUSINESS OVERVIEW    275
TABLE 261    THE AEROSPACE CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    275
TABLE 262    THE AEROSPACE CORPORATION: DEALS    276
TABLE 263    THE AEROSPACE CORPORATION: OTHERS    276
15.2.15    MITSUBISHI ELECTRIC CORPORATION    277
TABLE 264    MITSUBISHI ELECTRIC CORPORATION: BUSINESS OVERVIEW    277
FIGURE 59    MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT    278
TABLE 265    MITSUBISHI ELECTRIC CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    278
TABLE 266    MITSUBISHI ELECTRIC CORPORATION: DEALS    279
TABLE 267    MITSUBISHI ELECTRIC CORPORATION: OTHERS    279
15.2.16    EXOLAUNCH GMBH    280
TABLE 268    EXOLAUNCH GMBH: BUSINESS OVERVIEW    280
TABLE 269    EXOLAUNCH GMBH: PRODUCT/SOLUTIONS/SERVICES OFFERED    280
TABLE 270    EXOLAUNCH GMBH: DEALS    281
TABLE 271    EXOLAUNCH GMBH: OTHERS    282
15.2.17    PUMPKIN INC.    283
TABLE 272    PUMPKIN INC.: BUSINESS OVERVIEW    283
TABLE 273    PUMPKIN INC.: PRODUCT/SOLUTIONS/SERVICES OFFERED    283
15.2.18    BALL AEROSPACE & TECHNOLOGIES    284
TABLE 274    BALL AEROSPACE & TECHNOLOGIES: BUSINESS OVERVIEW    284
FIGURE 60    BALL AEROSPACE AND TECHNOLOGIES: COMPANY SNAPSHOT    284
TABLE 275    BALL AEROSPACE & TECHNOLOGIES: PRODUCT/SOLUTIONS/SERVICES OFFERED    285
TABLE 276    BALL AEROSPACE & TECHNOLOGIES: OTHERS    285
15.2.19    DAURIA AEROSPACE LTD.    286
TABLE 277    DAURIA AEROSPACE LTD.: BUSINESS OVERVIEW    286
TABLE 278    DAURIA AEROSPACE LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    286
15.2.20    AAC CLYDE SPACE    287
TABLE 279    AAC CLYDE SPACE: BUSINESS OVERVIEW    287
FIGURE 61    AAC CLYDE SPACE: COMPANY SNAPSHOT    288
TABLE 280    AAC CLYDE SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    288
TABLE 281    AAC CLYDE SPACE: DEALS    289
TABLE 282    AAC CLYDE SPACE: OTHERS    291
15.2.21    MILLENNIUM SPACE SYSTEM, INC    292
TABLE 283    MILLENNIUM SPACE SYSTEM, INC.: BUSINESS OVERVIEW    292
TABLE 284    MILLENNIUM SPACE SYSTEM, INC: PRODUCT/SOLUTIONS/SERVICES OFFERED    292
TABLE 285    MILLENNIUM SPACE SYSTEMS, INC.: OTHERS    293
*Details on Business overview, Products/solutions/services offered, Recent developments & MnM View might not be captured in case of unlisted companies.
15.3    STARTUPS/SMES    294
15.3.1    ENDUROSAT    294
TABLE 286    ENDUROSAT: BUSINESS OVERVIEW    294
15.3.2    SWARM TECHNOLOGIES    295
TABLE 287    SWARM TECHNOLOGIES: BUSINESS OVERVIEW    295
15.3.3    NANOAVIONICS    296
TABLE 288    NANOAVIONICS: BUSINESS OVERVIEW    296
15.3.4    ALÉN SPACE    297
TABLE 289    ALÉN SPACE: BUSINESS OVERVIEW    297
15.3.5    NEARSPACE LAUNCH, INC.    298
TABLE 290    NEARSPACE LAUNCH INC.: BUSINESS OVERVIEW    298
15.3.6    SPIRE GLOBAL, INC.    299
TABLE 291    SPIRE GLOBAL, INC.: BUSINESS OVERVIEW    299
15.3.7    EARTH-I, INC.    300
TABLE 292    EARTH-I.: BUSINESS OVERVIEW    300
15.3.8    TERRAN ORBITAL    301
TABLE 293    TERRAN ORBITAL: BUSINESS OVERVIEW    301
15.3.9    ALBA ORBITAL    302
TABLE 294    ALBA ORBITAL: BUSINESS OVERVIEW    302
15.3.10    SATELLOGIC    303
TABLE 295    SATELLOGIC: BUSINESS OVERVIEW    303
16    APPENDIX    304
16.1    DISCUSSION GUIDE    304
16.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    307
16.3    AVAILABLE CUSTOMIZATIONS    309
16.4    RELATED REPORTS    309
16.5    AUTHOR DETAILS    310"