Nano & Microsat Market Expected to Grow Rapidly

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It follows a note published on the day (08/29) in the website “Parabolic Arc” highlighting that Nano & Microsat Market expected to grow rapidly.

Duda Falcão

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Nano & Microsat Market

Expected to Grow Rapidly

By Douglas Messier

August 29, 2014, at 5:19 am

(Credit: NASA)

AAC Microtec CubeSats

DALLAS (MarketsandMarkets PR) – The Nano and Microsatellite market is estimated to grow from $702.4 million in 2014 to $1887.1 million in 2019. This represents a Compound Annual Growth Rate (CAGR) of 21.8% from 2014 to 2019. Commercial sector is expected to be the largest contributor for Nano and Microsatellite by 2019. In terms of regions, APAC is expected to be the biggest market in terms of revenue contribution by 2019 surpassing North America.

The major forces driving this market are price reduction, increasing demand, investments from Silicon Valley, superior mission launches and continual decrease in average satellite mass. The significance of the Nano and Microsatellite has increased, due to increase in number of application areas such as academic training, scientific research, earth observation, remote sensing and many others wherein such satellites can be leveraged. The increase in use of these satellites across a range of commercial applications in all regions of the world has been noted as one of the major factors behind continual increase in Nano and Microsatellite market size.

Players such as Lockheed Martin, Northrop Gruman, Raytheon, Surrey Satellite Technologies, Sierra Nevada Corp, Clyde space, planet labs and many others are expected to provide technological advanced satellites and offer better competitive services. The companies in this industry must take advantage of the growing awareness of Nano and Microsatellite in the high growth markets such as Middle East and Africa (MEA) as well as Asia Pacific (APAC). Earth observation and remote sensing, space science and academic training are the applications having high growth rate in the market.

The report “Nanosatellite and Microsatellite Market [Geographic Information system, Payload, Space Science, Satellite Communication, Satellite Imagery, Remote Sensing, Scientific Research, Reconnaissance, Satellite Launch] – Worldwide Market Forecast (2014 – 2019)” defines and segments the global Nano and Microsatellites market into various subsegments with in-depth analysis and forecast of revenues. It also identifies drivers and restraints for this market with insights into trends, opportunities, and challenges.

MarketsandMarkets has segmented the Nano and Microsatellite market by mass: 1kg to 10kgs; 11kgs to 100kgs; by type of solutions: hardware, software, services, launch services; by applications: communication; earth observation and remote sensing; biological experiments; academic training; technology demonstration and verification; scientific research and reconnaissance; by verticals: defense and intelligence; commercial; government and civil; and by regions: North America (NA), Asia Pacific (APAC), Europe (EU), Middle East and Africa (MEA) and Latin America (LA).

Browse more than 71 market data tables with 33 figures spread through 166 pages and in-depth TOC on ‘Nanosatellite and Microsatellite Market [Geographic Information system, Payload, Space Science, Satellite Communication, Satellite Imagery, Remote Sensing, Scientific Research, Reconnaissance, Satellite Launch] – Worldwide Market Forecast (2014 – 2019)”

http://www.marketsandmarkets.com/Market-Reports/nanosatellite-and-microsatellite-market-130496085.html

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Source: Website Parabolic Arc - http://www.parabolicarc.com/

Comentário: Pois é, apesar da importância desta matéria para aqueles que deveriam ter um mínimo de visão, competência e de responsabilidade para com o setor que gerenciam, sinceramente hoje estou sem motivação de fazer qualquer comentário, mas como acredito que a mesma seja do interesse dos grupos que desenvolvem nanossatélites no Brasil, ta aí a notícia.