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Published On: Feb 9, 2025

Global Small Satellite Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

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Summary
Small satellites are satellites 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. Satellites can be built small to reduce the large economic cost of launch vehicles and the costs associated with construction. Miniature satellites, especially in large numbers, may be more useful than fewer, larger ones for some purposes – for example, gathering of scientific data and radio relay.
According to APO Research, The global Small Satellite market is projected to grow from US$ million in 2025 to US$ million by 2031, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
The US & Canada market for Small Satellite is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Small Satellite is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The China market for Small Satellite is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Europe market for Small Satellite is estimated to increase from $ million in 2025 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Small Satellite include Lockheed Martin, Northrop Gruman, Raytheon, Dynetics, Surrey Satellite Technology, Axelspace, Sierra Nevada, Clyde Space and Planet Labs, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
In terms of production side, this report researches the Small Satellite production, growth rate, market share by manufacturers and by region (region level and country level), from 2020 to 2025, and forecast to 2031.
In terms of consumption side, this report focuses on the sales of Small Satellite by region (region level and country level), by company, by type and by application. from 2020 to 2025 and forecast to 2031.
This report presents an overview of global market for Small Satellite, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2020 - 2024, estimates for 2025, and projections of CAGR through 2031.
This report researches the key producers of Small Satellite, also provides the consumption of main regions and countries. Of the upcoming market potential for Small Satellite, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Small Satellite sales, revenue, market share and industry ranking of main manufacturers, data from 2020 to 2025. Identification of the major stakeholders in the global Small Satellite market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by type and by application, sales, revenue, and price, from 2020 to 2031. Evaluation and forecast the market size for Small Satellite sales, projected growth trends, production technology, application and end-user industry.
Small Satellite Segment by Company
Lockheed Martin
Northrop Gruman
Raytheon
Dynetics
Surrey Satellite Technology
Axelspace
Sierra Nevada
Clyde Space
Planet Labs
Dauria Aerospace
CASC
Small Satellite Segment by Type
Microsatellite
Nanosatellite
Small Satellite Segment by Application
National Security
Science & Environment
Commerce
Others
Small Satellite Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Small Satellite market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Small Satellite and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Small Satellite.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Small Satellite market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2020-2031).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Small Satellite industry.
Chapter 3: Detailed analysis of Small Satellite market competition landscape. Including Small Satellite manufacturers' output value, output and average price from 2020 to 2025, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Small Satellite by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Small Satellite in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
Table 1:Small Satellite Industry Trends
Table 2:Small Satellite Industry Drivers
Table 3:Small Satellite Industry Opportunities and Challenges
Table 4:Small Satellite Industry Restraints
Table 5:Global Small Satellite Production Value by Manufacturers (US$ Million) & (2020-2025)
Table 6:Global Small Satellite Production Value Share by Manufacturers (2020-2025)
Table 7:Global Small Satellite Production by Manufacturers (Units) & (2020-2025)
Table 8:Global Small Satellite Production Market Share by Manufacturers
Table 9:Global Small Satellite Average Price (K USD/Unit) of Manufacturers (2020-2025)
Table 10:Global Small Satellite Industry Manufacturers Ranking, 2023 VS 2024 VS 2025
Table 11:Global Small Satellite Key Manufacturers Manufacturing Sites & Headquarters
Table 12:Global Small Satellite Manufacturers, Product Type & Application
Table 13:Global Small Satellite Manufacturers Established Date
Table 14:Global Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15:Global Small Satellite by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value of 2024)
Table 16:Major Manufacturers of Microsatellite
Table 17:Major Manufacturers of Nanosatellite
Table 18:Global Small Satellite Production by Type 2020 VS 2024 VS 2031 (Units)
Table 19:Global Small Satellite Production by Type (2020-2025) & (Units)
Table 20:Global Small Satellite Production by Type (2026-2031) & (Units)
Table 21:Global Small Satellite Production Market Share by Type (2020-2025)
Table 22:Global Small Satellite Production Market Share by Type (2026-2031)
Table 23:Global Small Satellite Production Value by Type 2020 VS 2024 VS 2031 (Units)
Table 24:Global Small Satellite Production Value by Type (2020-2025) & (Units)
Table 25:Global Small Satellite Production Value by Type (2026-2031) & (Units)
Table 26:Global Small Satellite Production Value Market Share by Type (2020-2025)
Table 27:Global Small Satellite Production Value Market Share by Type (2026-2031)
Table 28:Major Manufacturers of National Security
Table 29:Major Manufacturers of Science & Environment
Table 30:Major Manufacturers of Commerce
Table 31:Major Manufacturers of Others
Table 32:Global Small Satellite Production by Application 2020 VS 2024 VS 2031 (Units)
Table 33:Global Small Satellite Production by Application (2020-2025) & (Units)
Table 34:Global Small Satellite Production by Application (2026-2031) & (Units)
Table 35:Global Small Satellite Production Market Share by Application (2020-2025)
Table 36:Global Small Satellite Production Market Share by Application (2026-2031)
Table 37:Global Small Satellite Production Value by Application 2020 VS 2024 VS 2031 (Units)
Table 38:Global Small Satellite Production Value by Application (2020-2025) & (Units)
Table 39:Global Small Satellite Production Value by Application (2026-2031) & (Units)
Table 40:Global Small Satellite Production Value Market Share by Application (2020-2025)
Table 41:Global Small Satellite Production Value Market Share by Application (2026-2031)
Table 42:Lockheed Martin Company Information
Table 43:Lockheed Martin Business Overview
Table 44:Lockheed Martin Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 45:Lockheed Martin Small Satellite Product Portfolio
Table 46:Lockheed Martin Recent Development
Table 47:Northrop Gruman Company Information
Table 48:Northrop Gruman Business Overview
Table 49:Northrop Gruman Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 50:Northrop Gruman Small Satellite Product Portfolio
Table 51:Northrop Gruman Recent Development
Table 52:Raytheon Company Information
Table 53:Raytheon Business Overview
Table 54:Raytheon Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 55:Raytheon Small Satellite Product Portfolio
Table 56:Raytheon Recent Development
Table 57:Dynetics Company Information
Table 58:Dynetics Business Overview
Table 59:Dynetics Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 60:Dynetics Small Satellite Product Portfolio
Table 61:Dynetics Recent Development
Table 62:Surrey Satellite Technology Company Information
Table 63:Surrey Satellite Technology Business Overview
Table 64:Surrey Satellite Technology Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 65:Surrey Satellite Technology Small Satellite Product Portfolio
Table 66:Surrey Satellite Technology Recent Development
Table 67:Axelspace Company Information
Table 68:Axelspace Business Overview
Table 69:Axelspace Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 70:Axelspace Small Satellite Product Portfolio
Table 71:Axelspace Recent Development
Table 72:Sierra Nevada Company Information
Table 73:Sierra Nevada Business Overview
Table 74:Sierra Nevada Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 75:Sierra Nevada Small Satellite Product Portfolio
Table 76:Sierra Nevada Recent Development
Table 77:Clyde Space Company Information
Table 78:Clyde Space Business Overview
Table 79:Clyde Space Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 80:Clyde Space Small Satellite Product Portfolio
Table 81:Clyde Space Recent Development
Table 82:Planet Labs Company Information
Table 83:Planet Labs Business Overview
Table 84:Planet Labs Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 85:Planet Labs Small Satellite Product Portfolio
Table 86:Planet Labs Recent Development
Table 87:Dauria Aerospace Company Information
Table 88:Dauria Aerospace Business Overview
Table 89:Dauria Aerospace Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 90:Dauria Aerospace Small Satellite Product Portfolio
Table 91:Dauria Aerospace Recent Development
Table 92:CASC Company Information
Table 93:CASC Business Overview
Table 94:CASC Small Satellite Production (Units), Value (US$ Million), Price (K USD/Unit) and Gross Margin (2020-2025)
Table 95:CASC Small Satellite Product Portfolio
Table 96:CASC Recent Development
Table 97:Global Small Satellite Production by Region: 2020 VS 2024 VS 2031 (Units)
Table 98:Global Small Satellite Production by Region (2020-2025) & (Units)
Table 99:Global Small Satellite Production Market Share by Region (2020-2025)
Table 100:Global Small Satellite Production Forecast by Region (2026-2031) & (Units)
Table 101:Global Small Satellite Production Market Share Forecast by Region (2026-2031)
Table 102:Global Small Satellite Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 103:Global Small Satellite Production Value by Region (2020-2025) & (US$ Million)
Table 104:Global Small Satellite Production Value Share by Region (2020-2025)
Table 105:Global Small Satellite Production Value by Region (2026-2031) & (US$ Million)
Table 106:Global Small Satellite Production Value Share by Region: (2026-2031) & (US$ Million)
Table 107:Global Small Satellite Market Average Price (K USD/Unit) by Region (2020-2025)
Table 108:Global Small Satellite Market Average Price (K USD/Unit) by Region (2026-2031)
Table 109:Global Small Satellite Consumption by Region: 2020 VS 2024 VS 2031 (Units)
Table 110:Global Small Satellite Consumption by Region (2020-2025) & (Units)
Table 111:Global Small Satellite Consumption Market Share by Region (2020-2025)
Table 112:Global Small Satellite Consumption Forecasted by Region (2026-2031) & (Units)
Table 113:Global Small Satellite Consumption Forecasted Market Share by Region (2026-2031)
Table 114:North America Small Satellite Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 115:North America Small Satellite Consumption by Country (2020-2025) & (Units)
Table 116:North America Small Satellite Consumption by Country (2026-2031) & (Units)
Table 117:Europe Small Satellite Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 118:Europe Small Satellite Consumption by Country (2020-2025) & (Units)
Table 119:Europe Small Satellite Consumption by Country (2026-2031) & (Units)
Table 120:Asia Pacific Small Satellite Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 121:Asia Pacific Small Satellite Consumption by Country (2020-2025) & (Units)
Table 122:Asia Pacific Small Satellite Consumption by Country (2026-2031) & (Units)
Table 123:South America Small Satellite Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 124:South America Small Satellite Consumption by Country (2020-2025) & (Units)
Table 125:South America Small Satellite Consumption by Country (2026-2031) & (Units)
Table 126:Middle East & Africa Small Satellite Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
Table 127:Middle East & Africa Small Satellite Consumption by Country (2020-2025) & (Units)
Table 128:Middle East & Africa Small Satellite Consumption by Country (2026-2031) & (Units)
Table 129:Key Raw Materials
Table 130:Raw Materials Key Suppliers
Table 131:Small Satellite Distributors List
Table 132:Small Satellite Customers List
Table 133:Research Programs/Design for This Report
Table 134:Authors List of This Report
Table 135:Secondary Sources
Table 136:Primary Sources
Figure 1:Small Satellite Product Image
Figure 2:Global Small Satellite Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 3:Global Small Satellite Production Value (2020-2031) & (US$ Million)
Figure 4:Global Small Satellite Production Capacity (2020-2031) & (Units)
Figure 5:Global Small Satellite Production (2020-2031) & (Units)
Figure 6:Global Small Satellite Average Price (K USD/Unit) & (2020-2031)
Figure 7:Global Top 5 and 10 Small Satellite Players Market Share by Production Value in 2024
Figure 8:Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 9:Microsatellite Image
Figure 10:Nanosatellite Image
Figure 11:Global Small Satellite Production by Type (2020 VS 2024 VS 2031) & (Units)
Figure 12:Global Small Satellite Production Market Share 2020 VS 2024 VS 2031
Figure 13:Global Small Satellite Production Market Share by Type (2020-2031)
Figure 14:Global Small Satellite Production Value by Type (2020 VS 2024 VS 2031) & (Units)
Figure 15:Global Small Satellite Production Value Share 2020 VS 2024 VS 2031
Figure 16:Global Small Satellite Production Value Share by Type (2020-2031)
Figure 17:National Security Image
Figure 18:Science & Environment Image
Figure 19:Commerce Image
Figure 20:Others Image
Figure 21:Global Small Satellite Production by Application (2020 VS 2024 VS 2031) & (Units)
Figure 22:Global Small Satellite Production Market Share 2020 VS 2024 VS 2031
Figure 23:Global Small Satellite Production Market Share by Application (2020-2031)
Figure 24:Global Small Satellite Production Value by Application (2020 VS 2024 VS 2031) & (Units)
Figure 25:Global Small Satellite Production Value Share 2020 VS 2024 VS 2031
Figure 26:Global Small Satellite Production Value Share by Application (2020-2031)
Figure 27:Global Small Satellite Production by Region: 2020 VS 2024 VS 2031 (Units)
Figure 28:Global Small Satellite Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 29:Global Small Satellite Production Value Comparison by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 30:Global Small Satellite Production Value Share by Region: 2020 VS 2024 VS 2031
Figure 31:North America Small Satellite Production Value (2020-2031) & (US$ Million)
Figure 32:Europe Small Satellite Production Value (2020-2031) & (US$ Million)
Figure 33:Asia-Pacific Small Satellite Production Value (2020-2031) & (US$ Million)
Figure 34:South America Small Satellite Production Value (2020-2031) & (US$ Million)
Figure 35:Middle East & Africa Small Satellite Production Value (2020-2031) & (US$ Million)
Figure 36:North America Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 37:North America Small Satellite Consumption Market Share by Country (2020-2031)
Figure 38:U.S. Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 39:Canada Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 40:Mexico Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 41:Europe Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 42:Europe Small Satellite Consumption Market Share by Country (2020-2031)
Figure 43:Germany Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 44:France Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 45:U.K. Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 46:Italy Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 47:Netherlands Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 48:Asia Pacific Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 49:Asia Pacific Small Satellite Consumption Market Share by Country (2020-2031)
Figure 50:China Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 51:Japan Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 52:South Korea Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 53:Southeast Asia Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 54:India Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 55:Australia Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 56:South America Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 57:South America Small Satellite Consumption Market Share by Country (2020-2031)
Figure 58:Brazil Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 59:Argentina Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 60:Chile Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 61:Middle East & Africa Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 62:Middle East & Africa Small Satellite Consumption Market Share by Country (2020-2031)
Figure 63:Egypt Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 64:South Africa Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 65:Israel Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 66:Türkiye Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 67:GCC Countries Small Satellite Consumption and Growth Rate (2020-2031) & (Units)
Figure 68:Small Satellite Value Chain
Figure 69:Manufacturing Cost Structure
Figure 70:Small Satellite Production Mode & Process
Figure 71:Direct Comparison with Distribution Share
Figure 72:Distributors Profiles
Figure 73:Years Considered
Figure 74:Research Process
Figure 75:Key Executives Interviewed

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Machinery & Equipment

Global Small Satellite Market by Size, by Type, by Application, by Region, History and Forecast 2020-2031

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