Asia Pacific Nanosatellite And Microsatellite Market Size & Outlook
Asia Pacific nanosatellite and microsatellite market, 2017-2030 (US$M)
Related Markets
Asia Pacific nanosatellite and microsatellite market highlights
- The Asia Pacific nanosatellite and microsatellite market generated a revenue of USD 746.7 million in 2023.
- The market is expected to grow at a CAGR of 27% from 2024 to 2030.
- In terms of segment, microsatellites was the largest revenue generating mass in 2023.
- Microsatellites is the most lucrative mass segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 746.7 million |
| Market revenue in 2030 | USD 3,982.6 million |
| Growth rate | 27% (CAGR from 2023 to 2030) |
| Largest segment | Microsatellites |
| Fastest growing segment | Microsatellites |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Nanosatellites, Microsatellites |
| Key market players worldwide | Sierra Nevada Brewing, Spire Global Inc Ordinary Shares - Class A, Boeing Co, Terran Orbital Corp, GomSpace, Vector Launch, Dauria Aerospace, Innovative Solutions in Space B.V., AAC SpaceQuest, Surrey Satellite Technology Ltd. |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 23.2% of the global nanosatellite and microsatellite market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 3,982.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Nanosatellite And Microsatellite Market Scope
Nanosatellite And Microsatellite Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific nanosatellite and microsatellite market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to nanosatellite and microsatellite market will help companies and investors design strategic landscapes.
Microsatellites was the largest segment with a revenue share of 82.67% in 2023. Horizon Databook has segmented the Asia Pacific nanosatellite and microsatellite market based on nanosatellites, microsatellites covering the revenue growth of each sub-segment from 2017 to 2030.
- Asia Pacific Nanosatellite And Microsatellite Mass Outlook (Revenue, USD Million, 2017-2030)
- Nanosatellites
- Microsatellites
- Asia Pacific Nanosatellite And Microsatellite Application Outlook (Revenue, USD Million, 2017-2030)
- Communication & Navigation
- Earth Observation/Remote Sensing
- Scientific Research
- Technology & Academic Training
- Asia Pacific Nanosatellite And Microsatellite End-Use Outlook (Revenue, USD Million, 2017-2030)
- Government
- Defense & Security
- Commercial
- Civil
Reasons to subscribe to Asia Pacific nanosatellite and microsatellite market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Asia Pacific nanosatellite and microsatellite market databook
-
Our clientele includes a mix of nanosatellite and microsatellite market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific nanosatellite and microsatellite market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific nanosatellite and microsatellite market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Asia Pacific nanosatellite and microsatellite market size, by country, 2017-2030 (US$M)
Asia Pacific Nanosatellite And Microsatellite Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
