Dublin, March 27, 2019 (GLOBE NEWSWIRE) -- The "Prospects for the Small Satellite Market" report has been added to ResearchAndMarkets.com's offering.

Prospects for the Small Satellite Market presents the various factors that will drive/inhibit growth in demand for small satellites over the next 10 years. This report considers satellites by four mass categories, six regions, six satellite applications and five manufacturer typologies.

Highlights of the report

The author anticipates that about 7,000 smallsats will be launched, at an average of 580/year by 2022 growing to an average of 820/year by 2027. The author's forecast for the next ten years increased by 13% over the last edition of this report highlighting the uptapped potential of several applications and regions of the world. the future smallsat market will be driven by the rollout of several constellations, mainly for commercial operators for Earth observation, communications and data collection services. Constellations will account for 82% of the 7,000 smallsats to be launched. The constellations market is cyclical with strong year-to-year variations driven by their initial deployment in batches within a short period of time in order to begin services as soon as possible. The market for single satellites (about 1,250 units) is more distributed over time.

Satellite manufacturing will represent 58% of the $38 billion future market, i.e. $22 billion, with the remainder for launch services. Most of the smallsat manufacturing market is placed with large or small integrators that are independent of the operators of the satellites. In-house manufacturing remains the rule for most satellites below 50 kg and for academic cubesats.

Miniaturization and technology improvements offer smallsat customers the choice between increasingly lighter satellites (at equivalent performance) or more capable satellites with mass increase because of improved capabilities (lifetime, propulsion, stabilization...). Thanks to these improvements, cubesats are now able to deliver operational services while, in the heaviest mass category, 500 kg satellites can deliver more than some 1-ton satellites were doing in the past.

Who will Benefit from this Report:

Methodology

The forecast of smallsats to be launched over the next 10 years (2018-2027) has been built on the basis of a qualitative and quantitative analysis conducted from two sources:

Key Topics Covered:

1. INTRODUCTION

2. STRATEGIC ISSUES & FORECASTS FOR THE SMALLSAT INDUSTRY

3. SMALLSAT DEMAND

4. SMALLSAT SUPPLY/MANUFACTURING

5. LAUNCH SERVICES

Companies Mentioned

For more information about this report visit https://www.researchandmarkets.com/research/39md95/global_prospects?w=12

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Related Topics: Satellite Communications