Mexico Nanosatellite And Microsatellite Market Size & Outlook
Mexico nanosatellite and microsatellite market, 2017-2030 (US$M)
Related Markets
Mexico nanosatellite and microsatellite market highlights
- The Mexico nanosatellite and microsatellite market generated a revenue of USD 22.8 million in 2023 and is expected to reach USD 117.3 million by 2030.
- The Mexico market is expected to grow at a CAGR of 26.3% 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.
Nanosatellite and microsatellite market data book summary
| Market revenue in 2023 | USD 22.8 million |
| Market revenue in 2030 | USD 117.3 million |
| Growth rate | 26.3% (CAGR from 2023 to 2030) |
| Largest segment | Microsatellites |
| Fastest growing segment | Microsatellites |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 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, Mexico accounted for 0.7% of the global nanosatellite and microsatellite market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil nanosatellite and microsatellite market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 117.3 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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Mexico 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 79.82% in 2023. Horizon Databook has segmented the Mexico nanosatellite and microsatellite market based on nanosatellites, microsatellites covering the revenue growth of each sub-segment from 2017 to 2030.
- Mexico Nanosatellite And Microsatellite Mass Outlook (Revenue, USD Million, 2017-2030)
- Nanosatellites
- Microsatellites
- Mexico Nanosatellite And Microsatellite Application Outlook (Revenue, USD Million, 2017-2030)
- Communication & Navigation
- Earth Observation/Remote Sensing
- Scientific Research
- Technology & Academic Training
- Mexico Nanosatellite And Microsatellite End-Use Outlook (Revenue, USD Million, 2017-2030)
- Government
- Defense & Security
- Commercial
- Civil
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Target buyers of Mexico nanosatellite and microsatellite market databook
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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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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 country-level data and insights on the Mexico nanosatellite and microsatellite market , including forecasts for subscribers. This country databook contains high-level insights into Mexico nanosatellite and microsatellite market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Mexico nanosatellite and microsatellite market size, by mass, 2017-2030 (US$M)
Mexico Nanosatellite And Microsatellite Market Outlook Share, 2023 & 2030 (US$M)
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