Small satellite

Space-Based Solar Power Market worth $6.8 billion by 2040 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 27, 2024

By end users, the Space-Based Solar Power market for the government and defense segment is projected to grow at the highest market share during the forecast period.

Key Points: 
  • By end users, the Space-Based Solar Power market for the government and defense segment is projected to grow at the highest market share during the forecast period.
  • The government and defense segment in Space-Based Solar Power is thriving due to defense agencies recognizing the strategic advantages of Space-Based Solar Power, offering reliable and independent power sources for critical installations and military operations, especially in remote or hostile environments.
  • The dual-use nature of Space-Based Solar Power technologies presents opportunities for synergies between civilian and military applications, encouraging government funding and collaboration.
  • The Asia-Pacific region boasts a skilled workforce, advanced manufacturing capabilities, and a burgeoning space industry ecosystem, fostering innovation and cost-effective deployment of Space-Based Solar Power systems.

Space-Based Solar Power Market worth $6.8 billion by 2040 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Tuesday, February 27, 2024

By end users, the Space-Based Solar Power market for the government and defense segment is projected to grow at the highest market share during the forecast period.

Key Points: 
  • By end users, the Space-Based Solar Power market for the government and defense segment is projected to grow at the highest market share during the forecast period.
  • The government and defense segment in Space-Based Solar Power is thriving due to defense agencies recognizing the strategic advantages of Space-Based Solar Power, offering reliable and independent power sources for critical installations and military operations, especially in remote or hostile environments.
  • The dual-use nature of Space-Based Solar Power technologies presents opportunities for synergies between civilian and military applications, encouraging government funding and collaboration.
  • The Asia-Pacific region boasts a skilled workforce, advanced manufacturing capabilities, and a burgeoning space industry ecosystem, fostering innovation and cost-effective deployment of Space-Based Solar Power systems.

Satellite Market size to increase by USD 14.53 billion from 2023 - 2028 | Accelerating demand for satellite navigation equipment drives market growth - Technavio

Retrieved on: 
Wednesday, December 6, 2023

The market size is projected to grow by USD 14.53 billion, accelerating at a CAGR of almost 3.31% during the forecast period.

Key Points: 
  • The market size is projected to grow by USD 14.53 billion, accelerating at a CAGR of almost 3.31% during the forecast period.
  • The increasing demand for satellite navigation equipment arises from their diverse applications in surveillance, reconnaissance, and navigation missions.
  • The satellite market is set for significant growth driven by increased demand for satellite navigation equipment and expanding applications like satellite-based telemetry.
  • Satellite Phone Market: The satellite phone market size is estimated to grow at a CAGR of 4.2% between 2022 and 2027.

Space Debris Removal Market worth $0.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, November 24, 2023

The space debris removal market encompasses a range of debris size, orbit, technique, operation, and end user that leverage these benefits.

Key Points: 
  • The space debris removal market encompasses a range of debris size, orbit, technique, operation, and end user that leverage these benefits.
  • Based on the technique, the direct debris removal segment is estimated to lead the space debris removal market from 2023 to 2028.
  • Direct debris removal involves the capture and active removal of orbital debris from space.
  • Hence, commercial entities are actively seeking efficient space debris removal solutions to secure their space assets and maintain operational continuity.

Space Debris Removal Market worth $0.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, November 24, 2023

The space debris removal market encompasses a range of debris size, orbit, technique, operation, and end user that leverage these benefits.

Key Points: 
  • The space debris removal market encompasses a range of debris size, orbit, technique, operation, and end user that leverage these benefits.
  • Based on the technique, the direct debris removal segment is estimated to lead the space debris removal market from 2023 to 2028.
  • Direct debris removal involves the capture and active removal of orbital debris from space.
  • Hence, commercial entities are actively seeking efficient space debris removal solutions to secure their space assets and maintain operational continuity.

Optical Satellite Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 25, 2023

Different size of satellites in the optical satellite market are small, medium and large.

Key Points: 
  • Different size of satellites in the optical satellite market are small, medium and large.
  • Based on the size, the medium satellite segment is estimated to lead the optical satellite market from 2023 to 2028.
  • The communication segment in the optical satellite market is primarily driven by the surging global demand for enhanced connectivity and high-speed data transmission.
  • Europe is home to some of the biggest players in the optical satellite market, including Airbus Defence & Space, and Thales Group.

Optical Satellite Market worth $4.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, October 25, 2023

Different size of satellites in the optical satellite market are small, medium and large.

Key Points: 
  • Different size of satellites in the optical satellite market are small, medium and large.
  • Based on the size, the medium satellite segment is estimated to lead the optical satellite market from 2023 to 2028.
  • The communication segment in the optical satellite market is primarily driven by the surging global demand for enhanced connectivity and high-speed data transmission.
  • Europe is home to some of the biggest players in the optical satellite market, including Airbus Defence & Space, and Thales Group.

Weather Forecasting Services Market worth $2.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 15, 2023

The Weather Forecasting Services Safety segment is expected to account for the largest share of Weather Forecasting Services by Purpose in 2023.

Key Points: 
  • The Weather Forecasting Services Safety segment is expected to account for the largest share of Weather Forecasting Services by Purpose in 2023.
  • The Short-Range Forecast segment of the Weather Forecasting Services market by Forecast type is projected to dominate the market.
  • India is expected to show the highest growth rate in Asia Pacific Region for Weather Forecasting Services market.
  • Increase in rise of demand for Weather predictions for various industries drives the Weather Forecasting Services market in Asia Pacific Region
    Major players operating in the Weather Forecasting Services companies are The Weather Company (US), DTN (US), Accuweather (US), Fugro (Netherlands), and Enav S.P.A. (Italy).

Weather Forecasting Services Market worth $2.8 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Friday, September 15, 2023

The Weather Forecasting Services Safety segment is expected to account for the largest share of Weather Forecasting Services by Purpose in 2023.

Key Points: 
  • The Weather Forecasting Services Safety segment is expected to account for the largest share of Weather Forecasting Services by Purpose in 2023.
  • The Short-Range Forecast segment of the Weather Forecasting Services market by Forecast type is projected to dominate the market.
  • India is expected to show the highest growth rate in Asia Pacific Region for Weather Forecasting Services market.
  • Increase in rise of demand for Weather predictions for various industries drives the Weather Forecasting Services market in Asia Pacific Region
    Major players operating in the Weather Forecasting Services companies are The Weather Company (US), DTN (US), Accuweather (US), Fugro (Netherlands), and Enav S.P.A. (Italy).

Space Propulsion Market worth $18.1 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 31, 2023

Based on the Satellite platform, the market for space propulsion has been segmented into CubeSats, small satellites, medium satellites, and large satellites.

Key Points: 
  • Based on the Satellite platform, the market for space propulsion has been segmented into CubeSats, small satellites, medium satellites, and large satellites.
  • Among these, the small satellites and medium satellites segment witness strong growth during the forecast period.
  • Based on non-chemical propulsion type, the electric segment dominates the market during the forecast period.
  • Based on non-chemical propulsion type, the space propulsion industry is segmented into electric or ion propulsion, solar propulsion, tether propulsion, nuclear propulsion, and laser propulsion.