Nanosatellite and Microsatellite Market - Worldwide Market Forecast (2014 - 2019)

Topics: Marketing, Remote sensing, Marketing research, Market research, Satellite, Microsatellite / Pages: 5 (1190 words) / Published: Mar 19th, 2014
Nanosatellite and Microsatellite Market -Worldwide Market Forecast (2014 - 2019)
On 11th March 2014
The Nano and Microsatellite market report constitutes of revenues from hardware, software and services required for the development and launch of such satellites. Overall market size is found by adding up the market size for two segments of satellites; namely 1kg to 10kgs (Nano satellites) and 11kgs to 100kgs (Microsatellites).

Though above two markets can exist independently, but the playing fields are the same. For example, there are applications in communication, earth observation, remote sensing, biological experiments, scientific research, academic training, space science and intelligence among various others. Among all applications of Nano and microsatellites, earth observations and remote sensing is expected to account for highest market share by 2019.
Few high growth markets are:-

1. Software and data processing:- Software packages as well as data processing suites that are required for accepting and extracting actionable information from the raw satellite data at the ground station

2. Nano satellites:- Satellites in the range of 1kg to 10kgs

3. Earth observation and remote sensing:- Disaster monitoring application such as cyclones, storms, floods, fires, volcanic activities, earthquakes, landslides, oil slicks, environmental pollution, industrial and/or power plant disaster among various others

4. Commercial:- Nano and Microsatellites built and used for commercial purposes
Benefits of the Reports:-
This report segments the market into solutions and applications covering this market comprehensively. The report provides the closest approximations of the revenue numbers for the overall market and the sub-segments. The market numbers are further split across the different end users and regions.
This report will help them better understand the competitor and gain more insights to better position their business. There is a separate

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