Prospects for the Small Satellite Market, 2022 – Satellite Manufacturing will Represent 58% of the $38 Billion Future Market
DUBLIN, March 28, 2019
DUBLIN, March 28, 2019 /PRNewswire/ — 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:
- Satellite integrators
- Launch vehicle manufacturers & service providers
- Satellite & launch vehicle equipment companies
- Space agencies
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:
- A dedicated database with all satellites between 1kg and 500kg of launch mass that have been launched between 2008 and 2017 and are now in development or forecast to be launched between 2018 and 2027. The database is critical for characterizing the changes in demand for smallsats over the next decade.
- A combination of primary and secondary research to characterize the changes that have occurred and that may occur in the industry, including different funding bodies of smallsats systems (civilian, academic, defense and commercial organizations) and the industry structure to support these evolutions in both satellite manufacture and launch.
Key Topics Covered:
- Executive Summary
- Smallsat Definitions & scope
- Lessons learned
- Specific focus on constellations
2. STRATEGIC ISSUES & FORECASTS FOR THE SMALLSAT INDUSTRY
- Major Changes Since Last Edition
- Trends in Small Satellite Manufacturing & Launch Services
- Consolidated Figures
- Smallsat Market Drivers
- Standardization, Constellations, Investment trends, M&A, Sustainability of the demand
- U.S. Gov Policy, Other Gov. involvement, U.S. export control
- Value chain, Vertical integration, Performance improvement, Design evolution
- Hardware Focus
- Software Focus
3. SMALLSAT DEMAND
- Mass Categories
- Operator by Region
- Operator Type
- By Application
- Focus on Constellations (Value proposition, targeted market, financing, competition, challenges)
4. SMALLSAT SUPPLY/MANUFACTURING
- Main Small Satellite Integrators Around the World
- Manufacturing Market Value by Region
- Manufacturing Market Value by Organization
- To Build In-House?
- Satellite Platform Diversification
- Cubesat Platform Providers
- Main Commercial Smallsat Integrators
5. LAUNCH SERVICES
- Launch Rates and Orbits
- Launchers’ Segmentation
- Performance of Main Launch Service Suppliers
- Distribution of Demand and Supply by Region
- Launch Service Market Value
- Price and Capacity from Various Launch Solutions
- Upcoming Smallsat Dedicated Launchers
- Smallsat Dedicated Launchers & Constellation Demand
- Launch Brokering Market
- AAC Microtec
- Clyde Space
- Planet Labs Inc.
- Sky & Space
For more information about this report visit https://www.researchandmarkets.com/research/b9p9gg/prospects_for_the?w=5
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