The new report titled ‘Global Nano satellite Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Nano satellite market outlook over the forecast duration (2019-2030). 

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The global nano satellite market size is expected to reach USD 1,336.9 Million in 2030 and register a revenue CAGR of 20.4% over the forecast period. Rise in demand for Earth observation related applications and increasing number of aeronautics, communications, and satellite development companies are factors driving global nano satellite market revenue growth.

Nano satellites are miniaturized artificial satellites that weigh less than 10kgs. Nano satellites are more convenient and take less time to build than convectional satellites owing to smaller size. Nano satellites are launched at lower altitudes and cost of launching is also relatively lower. These devices travel at high speed and circle the Earth in a polar orbit. Nano satellites are used for purposes such as remote sensing, land observation, and communication, among others.

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The report further sheds light on the emerging growth opportunities, challenges, market threats, limitations, and factors likely to restrict the growth of the Nano satellite market. The report further discusses in detail the market in international waters and the emerging trends in those regions. It also offers insights into the competitive landscape, market drivers, industrial scenario, and the latest product and technological developments to offer a comprehensive overview of the Nano satellite market landscape.

Emergen Research has segmented the global nano satellite market on the basis of mass, application, end-use, and region:

Mass Type Outlook (Revenue, USD Billion; 2018–2030)

1kg-3kg Nano Satellite

4kg-6kg Nano Satellite

7kg-10kg Nano Satellite

Application Outlook (Revenue, USD Billion; 2018-2030)

Communication

Earth Observation and Remote Sensing

Scientific Research

Biological Experiments

Technology Demonstration and Verification

Academic Training

Mapping and Navigation

Space Exploration

End-use Outlook (Revenue, USD Billion; 2018–2030)

Government

Civil

Commercial

Military

Academic

Others

The report further studies the key companies operating in the industry and their company profiles, product portfolio, expansion strategies, and strategic alliances such as mergers and acquisitions, collaborations, and joint ventures, among others. It also offers insights into their market reach and global position, along with highlights about their achievements and financial standings.

Key companies operating in the Nano satellite market include:

ACC Clyde Space, GomSpace A/S, ISISPACE Group, Israel Aerospace Industries (IAI) Ltd., Lockheed Martin Corporation, Alen pace, Axelspace Corporation, NanoAvionics, Planet Labs PBC, SRM Institute of Science and Technology, Sierra Nevada Corporation, EnduroSat, Sky and Space Global Ltd., and The Boeing Company.

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Key regions in the market include:

North America

U.S.

Canada

Europe

U.K.

Italy

Germany

France

Rest of EU

Asia Pacific

India

Japan

China

South Korea

Australia

Rest of APAC

Latin America

Chile

Brazil

Argentina

Rest of Latin America

Middle East & Africa

Saudi Arabia

U.A.E.

South Africa

Rest of MEA

Key Questions Addressed in the Report:

Who are the leading players in the Nano satellite industry?

Which region is expected to dominate the market in the coming years?

What are the key applications of Nano satellite?

Which segment is expected to garner traction during the coming years?

What are the key strategies adopted by leading players in the market?

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Thank you for reading the report. The report can be customized as per the requirements of the clients. For further information or query about customization, please reach out to us, and we will offer you the report best suited for your needs.

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