South America Small Satellite Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type [Nanosatellite (1 to 10 Kg) and Microsatellite (10 to 150 Kg)], Payload [Automatic Identification System (AIS), Transmitter, Imaging Devices, and Others], Application (Earth Observation, Communication and Navigation, and Scientific Research), and Vertical (Government, Military, and Commercial)

Code: BMIRE00027890 | Pages: 101 | Industry: Aerospace and Defense | Date: Jan 2023 | Type: Regional

The South America small satellite market is expected to grow from US$ 52.83 million in 2022 to US$ 101.47 million by 2028; it is estimated to grow at a CAGR of 11.5% from 2022 to 2028.

Growing IoT and Communication Applications is Fueling the South America Small Satellite Market

 

Internet access, machine-to-machine communication (M2M), and the Internet of Things (IoT) are among the most important applications of a small satellite. Space has become an ideal solution to improve the efficiency of current terrestrial communication networks. Also, small satellite constellations can play an important role in various environmental conditions, especially in remote or hard-to-reach places, where real-time data is received from all types of sensors and linked devices for IoT-based business models. Thus, a small satellite helps receive, store, and transmit real-time information to any point. The small satellite can also be effective for remote management. Sensors can help to control all devices, receive real-time information, and send commands for configurations remotely across the South America. Satellite communications support land-based communications in Amazon basin, Antarctica, offshore platforms, critical infrastructure like nuclear power plants, and other hard-to-reach areas. Also, small satellites guarantee communication in any circumstances in virtually uncommunicated areas such as large rural areas, desert territories, frozen areas, jungle areas, and high seas. For high internet access, several projects are being launched in various developed and developing regions where small satellites play a major role. According to Oberlo, in 2022, there are ~62.6% active internet users across the South America. The growing internet access worldwide will propel the demand for small satellites during the forecast period. Thus, the rising demand for small satellites to provide internet access, M2M communication, and IoT will create a lucrative opportunity for South America small satellite market growth in the forecasted period.  

 

South America Small Satellite Market Overview

 

The South America small satellite market, based on country, is bifurcated into Brazil and the Rest of South America (SAM). Over the last couple of years, the region has experienced a rise in space programs and growth in investments from public and private enterprises to drive the growth of the space industry. In February 2022, Amazon Web Services partnered with Brazilian Space Agency to support its long-term growth plans of offering satellite-based internet services across the country. The partnerships are boosting the space industry of the country, which, in turn, is expected to propel the growth of the small satellite market in Brazil.

 

South America Small Satellite Market Revenue and Forecast to 2028 (US$ Million)

 

South America Small Satellite Market Revenue and Forecast to 2028 (US$ Million)

Get more information on this report :

 

South America Small Satellite Market Segmentation

 

The South America small satellite market is segmented based on type, payload, application, vertical, and country.  

 

Based on type, the South America small satellite market is bifurcated into nanosatellite (1 to 10 Kg) and microsatellite (10 to 150 Kg). The microsatellite (10 to 150 Kg) segment held a larger market share in 2022.  

 

Based on payload, the South America small satellite market is segmented into automatic identification system (AIS), transmitter, imaging devices, and others. The automatic identification system (AIS) segment held the largest market share in 2022.

 

Based on application, the South America small satellite market is segmented into earth observation, communication and navigation, and scientific research. The earth observation segment held the largest market share in 2022.

 

Based on vertical, the South America small satellite market is segmented into government, military, and commercial. The commercial segment held the largest market share in 2022.

 

Based on country, the South America small satellite market is bifurcated into Brazil and the Rest of South America. Brazil dominated the market share in 2022.

 

Lockheed Martin Corp; Northrop Grumman Corp; Raytheon Technologies Corp; and Thales SA are the leading companies operating in the South America small satellite market. 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           South America Small Satellite Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Bargaining Power of Buyers

4.2.2        Bargaining Power of Suppliers

4.2.3        Threat to New Entrants

4.2.4        Threat to Substitutes

4.2.5        Competitive Rivalry

4.3         Ecosystem Analysis

4.4         Expert Opinion

5.           South America Small Satellite Market - Key Market Dynamics

5.1         Market Drivers

5.1.1        Growing Support for Development of Small Satellite

5.1.2        Increasing Number of Partnerships and Contracts

5.2         Key Market Restraints

5.2.1        Lack of Small Satellite Manufacturers Across Emerging Region

5.3         Key Market Opportunities

5.3.1        Growing IoT and Communication Applications

5.3.2        Rising Production of Smallsats for Beyond LEO Orbit Launches

5.4         Future Trends

5.4.1        Rising Adoption of Small Satellites for Military Applications

5.5         Impact Analysis of Drivers and Restraints

6.           Small Satellite Market – South America Market Analysis

6.1         Small Satellite Market South America Overview

6.2         South America Small Satellite Market Forecast and Analysis

7.           South America Small Satellite Market Analysis – By Type

7.1         Overview

7.2         Small Satellite Market, By Type (2021 and 2028)

7.3         Nanosatellite (Upto 10 Kg)

7.3.1        Overview

7.3.2        Nanosatellite (Upto 10 Kg): Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Microsatellite (10-150 Kg)

7.4.1        Overview

7.4.2        Microsatellite (10-150 Kg): Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

8.           South America Small Satellite Market Analysis – By Payload

8.1         Overview

8.2         Small Satellite Market, By Payload (2021 and 2028)

8.3         Automatic Identification System (AIS)

8.3.1        Overview

8.3.2        Automatic Identification System: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Transmitter

8.4.1        Overview

8.4.2        Transmitter: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Imaging Devices

8.5.1        Overview

8.5.2        Imaging Devices: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

9.           South America Small Satellite Market Analysis – By Application

9.1         Overview

9.2         Small Satellite Market Breakdown, by Application, (2021 and 2028)

9.3         Earth Observation

9.3.1        Overview

9.3.2        Earth Observation: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

9.4         Communication and Navigation

9.4.1        Overview

9.4.2        Communication and Navigation: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

9.5         Scientific Research

9.5.1        Overview

9.5.2        Scientific Research: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

10.        South America Small Satellite Market Analysis – By Vertical

10.1      Overview

10.2      Small Satellite Market Breakdown, by Vertical, (2021 and 2028)

10.3      Government

10.3.1     Overview

10.3.2     Government: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

10.4      Military

10.4.1     Overview

10.4.2     Military: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

10.5      Commercial

10.5.1     Overview

10.5.2     Commercial: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

11.        South America Small Satellite Market – by Country Analysis

11.1      South America: Small Satellite Market

11.1.1     South America: Small Satellite Market, by Key Country

11.1.1.1       Brazil: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.1.1       Brazil: Small Satellite Market, By Type

11.1.1.1.2       Brazil: Small Satellite Market, by Application

11.1.1.1.3       Brazil: Small Satellite Market, by Payload

11.1.1.1.4       Brazil: Small Satellite Market, by Vertical

11.1.1.2       Rest of South America: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

11.1.1.2.1       Rest of South America: Small Satellite Market, By Type

11.1.1.2.2       Rest of South America: Small Satellite Market, by Application

11.1.1.2.3       Rest of South America: Small Satellite Market, by Payload

11.1.1.2.4       Rest of South America: Small Satellite Market, by Vertical

12.        Industry Landscape

12.1      Overview

12.2      Market Initiative

12.3      New Product Development

12.4      Merger and Acquisition

13.        Company Profiles

13.1      Lockheed Martin Corp

13.1.1     Key Facts

13.1.2     Business Description

13.1.3     Products and Services

13.1.4     Financial Overview

13.1.5     SWOT Analysis

13.1.6     Key Developments

13.2      Northrop Grumman Corp

13.2.1     Key Facts

13.2.2     Business Description

13.2.3     Products and Services

13.2.4     Financial Overview

13.2.5     SWOT Analysis

13.2.6     Key Developments

13.3      Raytheon Technologies Corp

13.3.1     Key Facts

13.3.2     Business Description

13.3.3     Products and Services

13.3.4     Financial Overview

13.3.5     SWOT Analysis

13.3.6     Key Developments

13.4      Thales SA

13.4.1     Key Facts

13.4.2     Business Description

13.4.3     Products and Services

13.4.4     Financial Overview

13.4.5     SWOT Analysis

13.4.6     Key Developments

14.        Appendix

14.1      About The Insight Partners

14.2      Word Index

 

LIST OF TABLES

Table 1.             South America Small Satellite Market, Revenue and Forecast, 2020–2028 (US$ Million)

Table 2.             Brazil: Small Satellite Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil: Small Satellite Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil: Small Satellite Market, by Payload – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Brazil: Small Satellite Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Rest of South America: Small Satellite Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 7.             Rest of South America: Small Satellite Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Rest of South America: Small Satellite Market, by Payload – Revenue and Forecast to 2028 (US$ Million)

Table 9.             Rest of South America: Small Satellite Market, by Vertical – Revenue and Forecast to 2028 (US$ Million)

Table 10.          List of Abbreviation

 

LIST OF FIGURES

Figure 1.           South America Small Satellite Market Segmentation

Figure 2.           South America Small Satellite Market Segmentation – by Country

Figure 3.           South America Small Satellite Market Overview

Figure 4.           South America Small Satellite Market, By Type

Figure 5.           South America Small Satellite Market, By Application

Figure 6.           South America Small Satellite Market, By Payload

Figure 7.           South America Small Satellite Market, By Vertical

Figure 8.           South America Small Satellite Market, By Country

Figure 9.           South America Porter’s Five Forces Analysis

Figure 10.        South America Small Satellite Market: Ecosystem Analysis

Figure 11.        South America Expert Opinion

Figure 12.        South America Small Satellite Market: Impact Analysis of Drivers and Restraints

Figure 13.        South America Small Satellite Market, Forecast and Analysis (US$ Million)

Figure 14.        South America Small Satellite Market Revenue Share, by Type (2021 and 2028)

Figure 15.        Nanosatellite (Upto 10 Kg): South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Microsatellite (10-150 Kg): South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        South America Small Satellite Market Revenue Share, by Payload (2021 and 2028)

Figure 18.        Automatic Identification System: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Transmitter: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20.        Imaging Devices: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21.        Others: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        South America Satellite Market Breakdown, by Application (2021 and 2028)

Figure 23.        Earth Observation: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Communication and Navigation: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        Scientific Research: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        South America Small Satellite Market Breakdown, by Vertical (2021 and 2028)

Figure 27.        Government: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 28.        Military: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 29.        Commercial: South America Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 30.        South America: Small Satellite Market, by Key Country – Revenue (2021) (US$ Million)

Figure 31.        South America: Small Satellite Market Revenue Share, by Key Country (2021 & 2028)

Figure 32.        Brazil: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

Figure 33.          Rest of South America: Small Satellite Market – Revenue and Forecast to 2028 (US$ Million)

  1. Lockheed Martin Corp
  2. Northrop Grumman Corp
  3.  Raytheon Technologies Corp
  4. Thales SA
Report Code
Full Name
Country Name
Email Id
Phone Number
Job Title
Company
Requirement

Note : Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.


Purchase Options
Single User License
$3000
Site License
$4000
Enterprise License
$5000