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Small Satellite Market by Type, by Application, by End-User, by Geography - Global Forecast to 2021NEW YORK, May 12, 2016 /PRNewswire/ -- The small satellite market is expected to grow from USD 2.22 billion in 2016 to USD 5.32 billion by 2021, at a CAGR of 19.14% from 2016 to 2021. The market for small satellite is driven by factors, such as the increasing focus on reducing mission costs as well as increasing demand for earth observation-related applications of small satellite. Various growth opportunities for the small satellite market include the proposed development of satellite networks to provide internet access to areas without broadband connectivity. BREAK-UP FOR PROFILE OF PRIMARIES By Company Type - Tier 1 – 35 %, Tier 2 – 45% and Tier 3 – 20% By Designation – C level – 35%, Director Level – 25%, others – 40% By Region – North America - 45%, Europe – 20%, APAC – 30%, RoW – 5% The major players in the small satellite market include Sierra Nevada Corporation, ST Engineering Limited, Surrey Satellite Technology Ltd., Planet Labs Inc., Airbus Defense and Space, Northrop Grumman Corporation, Space Exploration Technologies Corp. (SpaceX), Boeing, Thales Alenia Space, Millennium Space System Inc., Lockheed Martin Corporation , GeoOptics Inc., OneWeb Ltd, OHB, Harris Corporation, Spire Global Inc., and Aerospace Corporation. Reasons to Buy the Report: This research report has focused on various levels of analysis — industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprise and discuss the basic views on competitive landscape, emerging and high-growth segments of the small satellite market, high-growth regions, and market drivers, restraints, and opportunities. The report provides insight on the following pointers: - Market Penetration: Comprehensive information on small satellite offered by top players in the l small satellite market - Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the small satellite market - Market Development: Comprehensive information about lucrative emerging markets - the report analyzes the markets for small satellite market across regions - Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the small satellite market - Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the small satellite market Read the full report: http://www.reportlinker.com/p03812624-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/small-satellite-market-by-type-by-application-by-end-user-by-geography---global-forecast-to-2021-300268101.html SOURCE Reportlinker |