What is Nano SatelliteMarket?
As the world is moving towards more compact and integrated solutions, Nano satellites are preferred over other alternatives. Increase government initiatives towards space exploration activities and increment in the count of the satellite applications, such as communication, earth observation and navigation, are driving the growth of the market. The key are involved in making Continuous advancements in satellite miniaturization with the help of upcoming technologies. These technologies are helping in integration of Satellite subsystems, such as 3D printed electronic satellite equipment, on-board internet system, and electronic and propulsion system.
Market Drivers
Increasing applicability as earth observation satellite and Favorable regulations to increase the count of launched satellites
Opportunities
Emergence of new space technologies and Increasing applicability in various sectors
The Manufacturers Covered in the Study are:
RUAG Group (Switzerland), Clyde Space, Inc. (United Kingdom), GS Sweden AB (Denmark), Sierra Nevada Corporation (United States), PLANET LABS, INC. (United States), TYVAK INC. (United States), Lockheed Martin Corporation (United States), Raytheon Company (United States), Innovative Solutions In Space (Netherlands) and SpaceQuest Ltd. (United States)