Global CubeSat Market Research Report 2021: Industry trends, share, size, growth, opportunities and forecast, 2015-2026 – ResearchAndMarkets.com
Press release from: Research & Markets
Publication date: Friday, January 21, 2022
The report “CubeSat Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecasts 2021-2026” has been added to ResearchAndMarkets.com offerings.
Global CubeSat market showed strong growth during 2015-2020. Looking ahead, the market is set to grow at a compound annual growth rate of around 15% during 2021-2026.
The global CubeSat market is primarily driven by the growing demand for Earth observation, communications, science and technology sectors. They are gaining worldwide traction due to their low cost and short development time using standard proven equipment and off-the-shelf components.
Governments and private companies are also making significant investments in the CubeSat market for rapidly manufacturing and testing satellites to explore upcoming technologies and ideas. It also helps with current network technologies by offering complex logistics management solutions. Besides, since CubeSat provides access to real-time information for assets, such as ships, planes, and vehicles, anywhere on Earth, demand is surging across the globe.
Moreover, technological developments in the field of electronics and communications have led to the development of projects such as space mining and space debris cleaning, which has a positive impact on market growth.
Taking into account the uncertainties related to COVID-19, we are tracking and evaluating the direct and indirect impact of the pandemic on various end-use sectors. These ideas are included in the report as a major contributor to the market
Key questions answered in this report:
How has the global CubeSat market performed so far and how will it perform in the coming years?
What is the impact of COVID-19 on the global CubeSat Market?
What are the main regional markets?
What is market breakup based on volume?
What is the market breakdown based on application?
What is the market breakdown based on the end user?
What is market disintegration based on subsystem?
What are the different stages in the value chain of an industry?
What are the main driving factors and challenges in the industry?
What is the structure of the global CubeSat market and who are the major players?
What is the degree of competition in the industry?
The competitive landscape of the industry has also been examined along with the profiles of the major players
AAC Clyde space
Innovative solutions in BV space
L3 Harris Technologies Inc
Planet Labs Inc.
Pumpkin Space Systems
Surrey Satellite Technology Limited (Airbus Group)
Tyvak Nano-Satellite Systems Inc. (Terran Orbital Corporation)
Main market segmentation:
Breakdown by size:
0.25U to 1U
1 to 3U
3U to 6U
6U to 12U
12U and above
Segmentation by application:
Earth observation and traffic control
Science, technology and education
Differentiate by end user:
The government and the army
Breakdown by Subsystem:
electrical power systems
Driving and data processing
behavior identification and control systems
Division by region:
United States of America
Middle East and Africa
For more information on this report, visit https://www.researchandmarkets.com/r/xv1xo5
Laura Wood, Senior Director of Press
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