DUBLIN, June 19, 2017 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Nano Satellite Market - Analysis and Forecast (2017-2021) (Focus On Subsystems, End Users and Application)" report to their offering.
The nano satellite market is experiencing an advanced rate of growth over the past couple of years due to the increasing demand of satellite applications in commercial, defense & military, and government end users. This high scale of growth of the space industry is subsequently influencing nano satellite market, wherein a new range of programs are being carried out to develop latest nano satellite technologies.
The growing demand of small satellite constellations for satellite applications, such as remote sensing, navigation, communication, and earth observation is the major factor driving the growth of nano satellite market. Moreover, continuous advancements in electronic satellite equipment, for instance, 3D printed electronic circuitry for nano satellite equipment, is expected to boost the growth of the market during the forecast period, 2017-2021. In terms of revenue, nano satellite market generated $127.20 million in the year 2016.
However, commercial end user is expected to foster the highest growth in the market, owing to the the increase in development and utilization of nano satellite constellations for satellite applications such as communication, remote sensing, earth observation, and navigation by commercial industries like IT & telecommunication, agriculture, mining, and oil & gas, among others.
- Ball Corporation
- Clyde Space Ltd.
- Deep Space Industries, Inc.
- Innovative Solutions in Space BV
- Interorbital Systems
- Israel Aerospace Industries Ltd.
- Lockheed Martin Corporation
- NanoAvionika, LLC
- Northrop Grumman Corporation
- OHB SE
- Orbital ATK, Inc.
- Planet Labs, Inc.
- QinetiQ Group PLC
- Terra Bella
- The Boeing Company
Key Topics Covered:
1 Research Scope & Methodology
2 Market Dynamics
3 Competitive Insights
4 Global Nano Satellite Market
5 Nano Satellite Market by Subsystem
6 Nano Satellite Market by End User
7 Nano Satellites Market By Application
8 Nano Satellite Market by Geography
9 Company Profile
For more information about this report visit https://www.researchandmarkets.com/research/mjrx4v/global_nano
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SOURCE Research and Markets