Global and United States Small Satellite Market Report & Forecast 2023-2029
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The research time span covered by the report is from 2018 to 2029; it provides an overview of the Global Small Satellite Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Small Satellite market size in 2022 is 290.0 million US dollars, and it is expected to be XX million US dollars by 2029, with a compound annual growth rate of 17.30% expected in 2023-2029.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Small Satellite market include Airbus SAS (France), GOMSPAC (Denmark), L3HARRIS Technologies Inc. (U.S.), Lockheed Martin Corp. (U.S.), and Northrop Grumman Corp. (U.S.). The share of the top 3 players in the Small Satellite market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Small Satellite market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Communication accounted for XX% of Small Satellite market in 2022. Earth Observation share of XX%.
Satellite Bus accounted for XX% of the Small Satellite market in 2022. Payload accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Automation in aerospace industry
Automation is currently being used in the aerospace industry to support the productivity of workers and reduce the need to perform repetitive tasks such as drilling and backfilling. However, as the demand for new aircraft continues to exceed the supply of manufacturing, the demand for automation is still great.
Automation can be used to improve safety, productivity and human value. Tools with built-in guidance, user information and better manageability can provide competitive advantages in cost saving and a better working environment. In some cases, dangerous steps can be fully automated to reduce workplace accidents and maintain production deadlines. In these cases, automation provides a control system or computer connected to the program, telling it to perform a series of tasks with little or no human intervention.
Key Regions Covered in This Report Are
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Some of the major players operating in the global market include:
Airbus SAS (France)
GOMSPAC (Denmark)
L3HARRIS Technologies Inc. (U.S.)
Lockheed Martin Corp. (U.S.)
Northrop Grumman Corp. (U.S.)
Planet Labs Inc. (U.S.)
Sierra Nevada Corp. (U.S.)
Thales Group (Paris)
The Boeing Company (U.S.)
Segment by Type
Communication
Earth Observation
Education
Technology
Other Applications
Segment by Application
Satellite Bus
Payload
Solar Panel
Satellite Antenna
Other Subsystems
Table of Content
1 Study Coverage
1.1 Small Satellite Product Introduction
1.2 Global Small Satellite Outlook 2018 VS 2023 VS 2029
1.3 United States Small Satellite Outlook 2018 VS 2023 VS 2029
1.4 Small Satellite Market Size, United States VS Global, 2018-2029
1.4.1 The Market Share of United States Small Satellite in Global, 2018-2029
1.4.2 The Growth Rate of Small Satellite Market Size, United States VS Global, 2018 VS 2023 VS 2029
1.5 Small Satellite Market Dynamics
1.5.1 Small Satellite Market Trends
1.5.2 Small Satellite Market Drivers
1.5.3 Small Satellite Market Challenges
1.5.4 Small Satellite Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Small Satellite Competitor Landscape by Company
2.1 Global Small Satellite Market Size by Company
2.1.1 Top Global Small Satellite Player Ranked by Revenue (2023)
2.1.2 Global Small Satellite Revenue by Player (2018-2023)
2.2 Global Small Satellite Concentration Ratio (CR)
2.2.1 Small Satellite Market Concentration Ratio (CR) (2018-2023)
2.2.2 Global Top 3 and Top 6 Largest Players of Small Satellite in 2023
2.3 Global Small Satellite Business Distribution, Business Type
2.3.1 Global Small Satellite Players, Headquarters and Distribution
2.3.2 Players Small Satellite Business Type
2.3.3 Date of International Players Enter into Small Satellite Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Small Satellite Market Size by Company
2.5.1 Top United States Small Satellite Player s Ranked by Revenue (2023)
2.5.2 United States Small Satellite Revenue by Player (2018-2023)
3 Small Satellite Market Segment by Type
3.1 Small Satellite Market Segment by Type
3.2 Global Small Satellite Market Size by Type
3.3 United States Small Satellite Market Size by Type
4 Small Satellite Market Segment by Application
4.1 Small Satellite Market Segment by Application
4.2 Global Small Satellite Market Size by Application
4.3 United States Small Satellite Market Size by Application
5 Global Small Satellite Market Size by Region
5.1 Global Small Satellite Market Size by Region: 2018 VS 2023 VS 2029
5.2 Global Small Satellite Market Size in Value by Region (2018-2029)
5.2.1 Global Small Satellite Revenue by Region: 2018-2023
5.2.2 Global Small Satellite Revenue by Region: 2023-2029
5.3 Global Small Satellite Market Size in Volume by Region (2018-2029)
5.3.1 Global Small Satellite Volume by Region: 2018-2023
5.3.2 Global Small Satellite Volume by Region: 2023-2029
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Small Satellite Market Size YoY Growth 2018-2029
6.1.2 North America Small Satellite Market Facts & Figures by Country (2018-2029)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Small Satellite Market Size YoY Growth 2018-2029
6.2.2 Asia Pacific Small Satellite Market Facts & Figures by Country (2018-2029)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Small Satellite Market Size YoY Growth 2018-2029
6.3.2 Europe Small Satellite Market Facts & Figures by Country (2018-2029)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Small Satellite Market Size YoY Growth 2018-2029
6.4.2 Latin America Small Satellite Market Facts & Figures by Country (2018-2029)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Small Satellite Market Size YoY Growth 2018-2029
6.5.2 Middle East and Africa Small Satellite Market Facts & Figures by Country (2018-2029)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 Airbus SAS (France)
7.1.1 Airbus SAS (France) Company Details
7.1.2 Description and Business Overview
7.1.3 Small Satellite Introduction
7.1.4 Airbus SAS (France) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.1.5 Airbus SAS (France) Recent Development
7.2 GOMSPAC (Denmark)
7.2.1 GOMSPAC (Denmark) Company Details
7.2.2 Description and Business Overview
7.2.3 Small Satellite Introduction
7.2.4 GOMSPAC (Denmark) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.2.5 GOMSPAC (Denmark) Recent Development
7.3 L3HARRIS Technologies Inc. (U.S.)
7.3.1 L3HARRIS Technologies Inc. (U.S.) Company Details
7.3.2 Description and Business Overview
7.3.3 Small Satellite Introduction
7.3.4 L3HARRIS Technologies Inc. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.3.5 L3HARRIS Technologies Inc. (U.S.) Recent Development
7.4 Lockheed Martin Corp. (U.S.)
7.4.1 Lockheed Martin Corp. (U.S.) Company Details
7.4.2 Description and Business Overview
7.4.3 Small Satellite Introduction
7.4.4 Lockheed Martin Corp. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.4.5 Lockheed Martin Corp. (U.S.) Recent Development
7.5 Northrop Grumman Corp. (U.S.)
7.5.1 Northrop Grumman Corp. (U.S.) Company Details
7.5.2 Description and Business Overview
7.5.3 Small Satellite Introduction
7.5.4 Northrop Grumman Corp. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.5.5 Northrop Grumman Corp. (U.S.) Recent Development
7.6 Planet Labs Inc. (U.S.)
7.6.1 Planet Labs Inc. (U.S.) Company Details
7.6.2 Description and Business Overview
7.6.3 Small Satellite Introduction
7.6.4 Planet Labs Inc. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.6.5 Planet Labs Inc. (U.S.) Recent Development
7.7 Sierra Nevada Corp. (U.S.)
7.7.1 Sierra Nevada Corp. (U.S.) Company Details
7.7.2 Description and Business Overview
7.7.3 Small Satellite Introduction
7.7.4 Sierra Nevada Corp. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.7.5 Sierra Nevada Corp. (U.S.) Recent Development
7.8 Thales Group (Paris)
7.8.1 Thales Group (Paris) Company Details
7.8.2 Description and Business Overview
7.8.3 Small Satellite Introduction
7.8.4 Thales Group (Paris) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.8.5 Thales Group (Paris) Recent Development
7.9 The Boeing Company (U.S.)
7.9.1 The Boeing Company (U.S.) Company Details
7.9.2 Description and Business Overview
7.9.3 Small Satellite Introduction
7.9.4 The Boeing Company (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023)
7.9.5 The Boeing Company (U.S.) Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Small Satellite Value Chain Analysis
8.2 Small Satellite Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Small Satellite Production Mode & Process
8.4 Small Satellite Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
Tables & Figures:
List of Tables and Figures
Figure Small Satellite Product Picture
Table Global Small Satellite Revenue, ($), 2018 VS 2023 VS 2029
Figure Global Small Satellite Market Size 2018-2029 ($)
Table United States Small Satellite Revenue, ($), 2018 VS 2023 VS 2029
Figure United States Small Satellite Market Size 2018-2029 ($)
Figure United States Small Satellite Market Share in Global, in Value 2018-2029
Table Small Satellite CAGR in Value, United States VS Global, 2018 VS 2023 VS 2029
Table Small Satellite Market Trends
Table Small Satellite Market Drivers
Table Small Satellite Market Challenges
Table Small Satellite Market Restraints
Figure Small Satellite Report Years Considered
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Top Small Satellite Players in Global Market, Ranking by Revenue (2023)
Table Global Small Satellite Revenue by Player, ($), 2018-2023
Table Global Small Satellite Revenue Share by Player, 2018-2023
Table Global Small Satellite Players Market Concentration Ratio (CR5)
Figure The Top 3 and 6 Largest Players of Small Satellite in the World: Market Share by Small Satellite Revenue in 2023
Table Top Players of Small Satellite in Global Market, Headquarters and Distribution
Table Players Small Satellite Business Type
Table Date of International Players Enter into Small Satellite Market
Table Players Mergers & Acquisitions, Expansion Plans
Table Top Small Satellite Players in United States Market, Ranking by Revenue (2023)
Table United States Small Satellite Revenue by Player, ($), 2018-2023
Table United States Small Satellite Revenue Share by Player, 2018-2023
Table Global Small Satellite Revenue by Type: 2023 VS 2029 ($)
Figure Global Small Satellite Market Share by Type in 2023 & 2029
Figure Global Small Satellite Revenue by Type (2018-2029) & ($)
Figure Global Small Satellite Revenue Market Share in Value by Type (2018-2029)
Table United States Small Satellite Revenue by Type: 2023 VS 2029 ($)
Figure United States Small Satellite Market Share by Type in 2023 & 2029
Figure United States Small Satellite Revenue by Type (2018-2029) & ($)
Figure United States Small Satellite Revenue Market Share in Value by Type (2018-2029)
Table Global Small Satellite Revenue by Application: 2023 VS 2029 ($)
Figure Global Small Satellite Market Share by Application in 2023 & 2029
Figure Global Small Satellite Revenue by Application (2018-2029) & ($)
Figure Global Small Satellite Revenue Market Share in Value by Application (2018-2029)
Table United States Small Satellite Revenue by Application: 2023 VS 2029 ($)
Figure United States Small Satellite Market Share by Application in 2023 & 2029
Figure United States Small Satellite Revenue by Application (2018-2029) & ($)
Figure United States Small Satellite Revenue Market Share in Value by Application (2018-2029)
Table Global Small Satellite Market Size by Region ($): 2018 VS 2023 VS 2029
Figure Global Small Satellite Market Size Market Share by Region: 2018 VS 2023 VS 2029
Table Global Small Satellite Revenue by Region (2018-2023) & ($)
Table Global Small Satellite Revenue Forecast by Region (2023-2029) & ($)
Table Global Small Satellite Revenue Market Share by Region (2018-2029)
Table Global Small Satellite Volume by Region (2018-2023) & ($)
Table Global Small Satellite Volume Forecast by Region (2023-2029) & ($)
Table Global Small Satellite Volume Market Share by Region (2018-2029)
Figure North America Small Satellite Revenue Growth Rate 2018-2029
Table North America Small Satellite Revenue by Country (2018-2029) & ($)
Figure U.S. Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Canada Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Asia Pacific Small Satellite Revenue Growth Rate 2018-2029 ($)
Table Asia Pacific Small Satellite Revenue by Country (2018-2029) & ($)
Figure China Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Japan Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure South Korea Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure India Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Australia Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Southeast Asia Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Europe Small Satellite Revenue Growth Rate 2018-2029 ($)
Table Europe Small Satellite Revenue by Country (2018-2029) & ($)
Figure Germany Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure France Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure UK Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Italy Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Russia Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Latin America Small Satellite Revenue Growth Rate 2018-2029 ($)
Table Latin America Small Satellite Revenue by Country (2018-2029) & ($)
Figure Mexico Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Brazil Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Argentina Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Middle East and Africa Small Satellite Revenue Growth Rate 2018-2029 ($)
Table Middle East and Africa Small Satellite Revenue by Country (2018-2029) & ($)
Figure Turkey Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure Saudi Arabia Small Satellite Revenue Growth Rate (2018-2029) & ($)
Figure UAE Small Satellite Revenue Growth Rate (2018-2029) & ($)
Table Airbus SAS (France) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table Airbus SAS (France) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Airbus SAS (France) Recent Development
Table GOMSPAC (Denmark) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table GOMSPAC (Denmark) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table GOMSPAC (Denmark) Recent Development
Table L3HARRIS Technologies Inc. (U.S.) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table L3HARRIS Technologies Inc. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table L3HARRIS Technologies Inc. (U.S.) Recent Development
Table Lockheed Martin Corp. (U.S.) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table Lockheed Martin Corp. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Lockheed Martin Corp. (U.S.) Recent Development
Table Northrop Grumman Corp. (U.S.) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table Northrop Grumman Corp. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Northrop Grumman Corp. (U.S.) Recent Development
Table Planet Labs Inc. (U.S.) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table Planet Labs Inc. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Planet Labs Inc. (U.S.) Recent Development
Table Sierra Nevada Corp. (U.S.) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table Sierra Nevada Corp. (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Sierra Nevada Corp. (U.S.) Recent Development
Table Thales Group (Paris) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table Thales Group (Paris) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table Thales Group (Paris) Recent Development
Table The Boeing Company (U.S.) Company Details
Table Description and Business Overview
Table Small Satellite Introduction
Table The Boeing Company (U.S.) Small Satellite Revenue, Sales, and Gross Margin (2018-2023) (Million USD)
Table The Boeing Company (U.S.) Recent Development
Figure Small Satellite Value Chain
Table Key Raw Materials
Table Major Distributors of Small Satellite with Contact Information
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
Research Methodology:
Global and United States Small Satellite Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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