Europe Nanosatellite And Microsatellite Market Size & Outlook
Europe nanosatellite and microsatellite market, 2017-2030 (US$M)
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Europe nanosatellite and microsatellite market highlights
- The Europe nanosatellite and microsatellite market generated a revenue of USD 712.3 million in 2023.
- The market is expected to grow at a CAGR of 25.7% 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, Germany is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 712.3 million |
| Market revenue in 2030 | USD 3,536.9 million |
| Growth rate | 25.7% (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, Europe region accounted for 22.2% 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.
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Nanosatellite And Microsatellite Market Scope
Nanosatellite And Microsatellite Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe 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 80.25% in 2023. Horizon Databook has segmented the Europe nanosatellite and microsatellite market based on nanosatellites, microsatellites covering the revenue growth of each sub-segment from 2017 to 2030.
- Europe Nanosatellite And Microsatellite Mass Outlook (Revenue, USD Million, 2017-2030)
- Nanosatellites
- Microsatellites
- Europe Nanosatellite And Microsatellite Application Outlook (Revenue, USD Million, 2017-2030)
- Communication & Navigation
- Earth Observation/Remote Sensing
- Scientific Research
- Technology & Academic Training
- Europe Nanosatellite And Microsatellite End-Use Outlook (Revenue, USD Million, 2017-2030)
- Government
- Defense & Security
- Commercial
- Civil
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Our clientele includes a mix of nanosatellite and microsatellite market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe nanosatellite and microsatellite market , including forecasts for subscribers. This continent databook contains high-level insights into Europe nanosatellite and microsatellite market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe nanosatellite and microsatellite market size, by country, 2017-2030 (US$M)
Europe Nanosatellite And Microsatellite Market Outlook Share, 2023 & 2030 (US$M)
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