CubeSat Market – By Size, By Subsystem , By Application , By End User , By Geography - Opportunity Analysis & Industry Forecast, 2024-2030

Report Code: AD 78236 Report Format: PDF + Excel

CubeSat Market Overview:

The CubeSat Market size is estimated to reach $2.8 billion by 2030, growing at a CAGR of 22.4% during the forecast period 2024-2030. The market concentrates on the creation and use of small, affordable satellites also called CubeSats, for Earth observation, communication, and data gathering applications. The CubeSats’ cost effectiveness makes space technology accessible to small organizations, which CubeSats can provide with its advanced imaging capabilities, is an increasing market driver. Also increasing CubeSat functionality are innovations in miniaturized technology including compact sensors and propulsion systems. Government and private investments in space continue to rise, expanding CubeSat development for use in a wide range of research and commercial applications. 

Advancements in propulsion systems and high-resolution imaging technologies are two major trends in the CubeSat market. For instance, the ENPULSION NANO is a propulsion system which has been developed and extensively tested in cooperation with the European Space Agency, enhances CubeSat manoeuvrability, improves control, orbit adjustments and safe deorbiting, all of which are crucial for complex missions and space debris management. Meanwhile, CubeSats are also benefiting from high resolution imaging technologies. One such example is NASA’s CubeSat-Compatible High Resolution Thermal Infrared Imager provides spatial and temporal data from orbit to support environmental monitoring and resource exploration applications. The high quantum efficiency and broad spectral response of this imaging system make it suitable for scientific and Earth observation missions. CubeSats are being thrust into research and commercial roles, helping to increase functionality and improve data quality as these trends grow.

Market Snapshot: 



CubeSat Market - Report Coverage:

The “CubeSat Market Report - Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the CubeSat Market.

Attribute Segment

By Size
  • 0.25 U - 1 U
  • 1 U
  • 2 U
  • 3 U
  • 6 U
  • 12 U & Above

By Subsystem
  • Attitude Determination and Control System
  • Command Data Handling
  • Electrical Power Systems
  • Payloads
  • Power System
  • Propulsion Systems
  • Solar Panels
  • Antenna Systems
  • Structure
  • Telemetry, Tracking, and Command
  • Thermal Control System
  • Others

By Application
  • Communication
  • Earth Observation
  • Traffic Monitoring
  • Meteorology
  • Science, Technology, and Education
  • Space Observation
  • Others

By End User
  • Academic
  • Commercial
  • Defense
  • Government
  • Non-profit Organizations
  • Others

By Geography

  • North America (U.S, Canada, Mexico)
  • Europe (U.K, Germany, Italy, France, Netherlands, Belgium, Denmark, Spain, Rest of Europe)
  • Asia-Pacific (China, Australia, Japan, South Korea, India, Taiwan, Malaysia, Hong Kong, Rest of APAC)
  • South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica, Rest of South America)
  • Rest of the World (Middle East, Africa)

COVID-19 / Ukraine Crisis - Impact Analysis:  

  • The production schedules and supply chains in the CubeSat market were disrupted by the COVID 19 pandemic. The reduced workforce availability, lockdown restrictions and shortage of essential electronic components delayed many satellite manufacturers. This led to slowing of satellite deployment schedules and postponement of some missions.
  • The Russia Ukraine war has also a huge impact on the CubeSat market by highlighting the strategic role of satellites in the modern warfare. Both countries have relied on satellites heavily for surveillance, precision targeting and secure communications and points to their extreme importance in combat. CubeSats are resilient to counterspace threats, such as electronic and cyber warfare, and have provided critical real time intelligence. 

Key Takeaways:

North America is the Leading Region

North America is projected as the leading region in CubeSat Market with a market share of 51% in 2023. The CubeSat Market is projected to be dominated by North America, owing to robust governmental initiatives, and innovative technological advancements. For example, NASA's CubeSat Launch Initiative offers low-cost opportunities for educational institutions, non-profits, and science centers in the U.S. to fly CubeSats, providing hands on experience in the design and development of spacecraft. It supports scientific investigations and technology demonstrations that greatly enhance the region's CubeSat innovation expertise. The region is also home to the Electro-Optical/Infrared Weather Systems (EWS) demonstration mission of the U.S. Space Force, launched in March 2024, which demonstrates the use of CubeSats for critical applications. With 110 CubeSats deployed in low Earth orbit, the weather coverage gap created by aging satellites will be filled so that U.S. military operations will not be interrupted. Combined, these efforts demonstrate North America's leadership in CubeSat technology, fueled by the region's penchant for innovation, research and mission critical applications.

Earth Observation and Traffic Monitoring Dominates the Market

Earth observation and traffic monitoring applications is leading the global CubeSat market, as the demand for real time data is growing in many industries. CubeSats, and particularly those in low Earth orbit, are extremely useful for tasks such as remote sensing, space weather tracking and communication, and provide critical information for environmental monitoring, agriculture, urban planning and disaster response. CubeSat technology currently reaches and capabilities are expanding as engineers continue to advance CubeSat technology. The World Economic Forum reckons that Earth observation data could add up to $700 billion in value by 2030, contributing $3.8 trillion to global GDP over that period. In addition, Earth observation can help to support policies and practices that could reduce over 2 billion tons of CO₂ emissions per year, making it an invaluable resource in the global sustainability field. With such a large economic and environmental influence, Earth observation is the largest application segment in the CubeSat market.

3U CubeSats Lead the Market 

The 3U CubeSat is the most popular configuration in the CubeSat global market, accounting for around 64% of all CubeSat launches, according to the International Journal of Aerospace Engineering. Most of its popularity comes from the fact that a 3U CubeSat can be built and launched for a few hundred thousand dollars, which is a small fraction of what it costs to develop and launch a traditional satellite as per AviationOutlook. This affordability enables a broader accessibility to space-based applications, bringing academic institutions, commercial enterprises and government agencies to the table. As per NanoAvionics, the 3U CubeSat's modular structure as an advantage, offering scalability and adaptability for a variety of missions. Moreover, In August 2024, Germany's Center for Telematics launched its QUBE CubeSat on SpaceX's Transporter-11 Mission to test quantum key distribution (QKD) technology in space, demonstrating how 3U CubeSats are also advancing secure quantum communication capabilities.

Cost Efficiency and Accessibility to Boost the Market

Key drivers in the global CubeSat market are a significant reduction in launch costs. Launch technology and the increasing popularity of rideshare programs have made CubeSats increasingly affordable. Competitively priced launch services are offered by companies such as SpaceX that charges $275,000 for 50 kg and NanoRacks charges $90,000 for a 1U CubeSat. The reduced costs of space missions make space missions more accessible and more organizations, including smaller companies and educational institutions are encouraged to participate in space exploration and satellite deployment. In addition, dedicated launch providers like Rocket Lab and SpaceFlight have developed programs that provide CubeSats the opportunity to hitch a ride as secondary payloads, reducing costs. The increased affordability of CubeSats allows for new applications across industries, and CubeSats become a viable solution for more applications, including scientific research, Earth observation, and communication, which drive the market. 

Orbital Debris to Hamper the Market

The growing number of small satellites in orbit means that orbital debris is a major challenge to the CubeSat market as collision risks and space congestion grow. Though CubeSats are small enough to play a minimal role in debris, they are still at risk from the countless number of objects in orbit. As per the Wilson Centre, there are more than 50,000 objects from 1 cm to 10 cm and more than 100 million smaller particles below 1 cm that are not tracked and represent a significant collision risk to CubeSats and other space assets. Additionally, CubeSats, which normally have missions lasting only a few years, have a deorbit guideline of up to 25 years after deactivation, and can remain in orbit for much longer, exacerbating the debris issue. The CubeSats that are no longer active continue to be a hazard to active systems, and these challenges in orbital management and the amount of orbital debris grow, necessitating stronger guidelines to be created to mitigate the risks of the increasing volume of orbital debris.


CubeSat Market

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Key Market Players: 

Product/Service launches, approvals, patents and events, acquisitions, partnerships, and collaborations are key strategies adopted by players in the CubeSat Market. The top 10 companies in this industry are listed below:

  1. Lockheed Martin Corporation
  2. RTX
  3. SpaceX
  4. GOMspace
  5. AAC Clyde Space Inc
  6. SERENUM, a.s
  7. Exobotics Ltd
  8. Thales Alenia Space
  9. EnduroSat AD
  10. NanoAvionics

Scope of the Report: 

Report Metric Details

Base Year Considered

2023

Forecast Period

2024–2030

CAGR

22.4%

Market Size in 2030

$2.8 billion

Segments Covered

By Size, By Subsystem, By Application, By End User and By Geography.

Geographies Covered

North America (U.S., Canada, Mexico), Europe (U.K, Germany, Italy, France, Netherlands, Belgium, Denmark, Spain, Rest of Europe), Asia-Pacific (China, Australia, Japan, South Korea, India, Taiwan, Malaysia, Hong Kong, Rest of APAC), South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, Costa Rica, Rest of South America), Rest of the World (Middle East, Africa).

 

Key Market Players
  1. Lockheed Martin Corporation
  2. RTX
  3. SpaceX
  4. GOMspace
  5. AAC Clyde Space Inc
  6. SERENUM, a.s
  7. Exobotics Ltd
  8. Thales Alenia Space
  9. EnduroSat
  10. NanoAvionics

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  1.    CubeSat Market – Overview
      1.1.    Definitions and Scope
  2.    CubeSat Market - Executive Summary
      2.1.    Key Trends by Size
      2.2.    Key Trends by Subsystems
      2.3.    Key Trends by Application
      2.4.    Key Trends by End User
      2.5.    Key Trends by Geography
  3.    CubeSat Market – Comparative Analysis
      3.1.    Product Benchmarking - Top 10 Companies
      3.2.    Top 5 Financials Analysis
      3.3.    Market Value Split by Top 10 Companies
      3.4.    Patent Analysis - Top 10 Companies
      3.5.    Pricing Analysis
  4.    CubeSat Market - Startup Companies Scenario
      4.1.    Investment
      4.2.    Revenue
      4.3.    Market Shares
      4.4.    Market Size and Application Analysis
      4.5.    Venture Capital and Funding Scenario
  5.    CubeSat Market - Industry Market Entry Scenario Premium 
      5.1.    Regulatory Framework Overview
      5.2.    New Business and Ease of Doing Business Index
      5.3.    Case Studies of Successful Ventures
      5.4.    Customer Analysis - Top 10 Companies
  6.    CubeSat Market Forces
      6.1.    Drivers
      6.2.    Constraints
      6.3.    Challenges
      6.4.    Porter's Five Forces Model
            6.4.1.    Bargaining Power of Suppliers
            6.4.2.    Bargaining Power of Customers
            6.4.3.    Threat of New Entrants
            6.4.4.    Rivalry Among Existing Players
            6.4.5.    Threat of Substitutes
  7.    CubeSat Market - Strategic Analysis
      7.1.    Value Chain Analysis
      7.2.    Opportunities Analysis
      7.3.    Product Life Cycle
      7.4.    Suppliers and Distributors Market Share
  8.    CubeSat Market - By Size (Market Size in $Million / $Billion)
      8.1.    0.25 U-1 U
      8.2.    1 U
      8.3.    2 U
      8.4.    3 U
      8.5.    6 U
      8.6.    12 U & Above
  9.    CubeSat Market - By Subsystem (Market Size in $Million / $Billion)
      9.1.    Attitude Determination and Control System
      9.2.    Command Data Handling
      9.3.    Electrical Power Systems
      9.4.    Payloads
      9.5.    Power System
      9.6.    Propulsion Systems
      9.7.    Solar Panels Antenna Systems
      9.8.    Structure
      9.9.    Telemetry, Tracking, and Command
      9.10.    Thermal Control System
      9.11.    Others
            9.11.1.    Deployers
            9.11.2.    Software
            9.11.3.    Onboard Computers
            9.11.4.    Ground Support Equipment
            9.11.5.    Others
  10.    CubeSat Market - By Application (Market Size in $Million / $Billion)
            10.1.1.    Communication
            10.1.2.    Earth Observation Traffic Monitoring
            10.1.3.    Meteorology
            10.1.4.    Science Technology, and Education
            10.1.5.    Space Observation
            10.1.6.    Others
  11.    CubeSat Market by - End User (Market Size in $Million / $Billion)
      11.1.    Academic
      11.2.    Commercial
            11.2.1.    Agriculture
            11.2.2.    IT Telecommunication
            11.2.3.    Mining
            11.2.4.    Oil Gas
      11.3.    Defense
      11.4.    Government
      11.5.    Non-profit Organizations
      11.6.    Others
  12.    CubeSat Market - By Geography (Market Size in $Million / $Billion)
      12.1.    North America
            12.1.1.    U.S
            12.1.2.    Canada
            12.1.3.    Mexico
      12.2.    Europe
            12.2.1.    U.K
            12.2.2.    Germany
            12.2.3.    Italy
            12.2.4.    France
            12.2.5.    Netherlands
            12.2.6.    Belgium
            12.2.7.    Denmark
            12.2.8.    Spain
            12.2.9.    Rest of Europe
      12.3.    Asia-Pacific
            12.3.1.    China
            12.3.2.    Australia
            12.3.3.    Japan
            12.3.4.    South Korea
            12.3.5.    India
            12.3.6.    Taiwan
            12.3.7.    Malaysia
            12.3.8.    Hong Kong
            12.3.9.    Rest of APAC
      12.4.    South America
            12.4.1.    Brazil
            12.4.2.    Venezuela
            12.4.3.    Argentina
            12.4.4.    Ecuador
            12.4.5.    Peru
            12.4.6.    Colombia
            12.4.7.    Costa Rica
            12.4.8.    Rest of South America
      12.5.    Rest of The World
            12.5.1.    Middle East
            12.5.2.    Africa
  13.    CubeSat Market – Entropy
      13.1.    New Product Launches
      13.2.    Mergers & Acquisitions, Collaborations, Joint Ventures, and Partnerships
  14.    CubeSat Market - Industry/Segment Competition Landscape 
             14.1 Market Share Analysis
                    14.1.1 Market Share by Country - Major Companies
                    14.1.2 Market Share by Region - Major Companies
                    14.1.3 Market Share by Type of Application - Major Companies
                    14.1.4 Market Share by Type of Product/Product Category - Major Companies
              14.2 Competition Matrix
              14.3 Best Practices for Companies
  15.    CubeSat Market - Key Company List by Country Premium
  16.    CubeSat Market Company Analysis
      16.1.    Lockheed Martin Corporation
      16.2.    RTX
      16.3.    SpaceX
      16.4.    GOMspace
      16.5.    AAC Clyde Space Inc
      16.6.    SERENUM, a.s
      16.7.    Exobotics Ltd
      16.8.    Thales Alenia Space
      16.9.    EnduroSat
      16.10.    NanoAvionics
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LIST OF TABLES

1.Global CubeSat Market, By Subsystem Market 2023-2030 ($M)
1.1 Attitude Determination and Control System Market 2023-2030 ($M) - Global Industry Research
1.2 Command Data Handling Market 2023-2030 ($M) - Global Industry Research
1.3 Electrical Power Systems Market 2023-2030 ($M) - Global Industry Research
1.4 Payloads Market 2023-2030 ($M) - Global Industry Research
1.5 Power System Market 2023-2030 ($M) - Global Industry Research
1.6 Propulsion Systems Market 2023-2030 ($M) - Global Industry Research
1.7 Solar Panels Antenna Systems Market 2023-2030 ($M) - Global Industry Research
1.8 Structure Market 2023-2030 ($M) - Global Industry Research
1.9 Telemetry, Tracking, and Command Market 2023-2030 ($M) - Global Industry Research
1.10 Thermal Control System Market 2023-2030 ($M) - Global Industry Research
2.Global CubeSat Market, By Size Market 2023-2030 ($M)
2.1 0.25 U-1 U Market 2023-2030 ($M) - Global Industry Research
2.2 12 U Market 2023-2030 ($M) - Global Industry Research
2.3 2 U Market 2023-2030 ($M) - Global Industry Research
2.4 3 U Market 2023-2030 ($M) - Global Industry Research
2.5 6 U Market 2023-2030 ($M) - Global Industry Research
2.6 Above 12 U Market 2023-2030 ($M) - Global Industry Research
3.Global CubeSat Market, By End User Market 2023-2030 ($M)
3.1 Academic Market 2023-2030 ($M) - Global Industry Research
3.2 Commercial Market 2023-2030 ($M) - Global Industry Research
3.2.1 Agriculture Market 2023-2030 ($M)
3.2.2 IT Telecommunication Market 2023-2030 ($M)
3.2.3 Mining Market 2023-2030 ($M)
3.2.4 Oil Gas Market 2023-2030 ($M)
3.3 Defense Market 2023-2030 ($M) - Global Industry Research
3.4 Government Military Market 2023-2030 ($M) - Global Industry Research
3.5 Non-profit Organizations Market 2023-2030 ($M) - Global Industry Research
4.Global Company Profiling Market 2023-2030 ($M)
4.1 Adcole Maryland Aerospace Market 2023-2030 ($M) - Global Industry Research
4.2 Blue Canyon Technologies Market 2023-2030 ($M) - Global Industry Research
4.3 Busek Co Market 2023-2030 ($M) - Global Industry Research
4.4 Capella Space Market 2023-2030 ($M) - Global Industry Research
4.5 Clyde Space Market 2023-2030 ($M) - Global Industry Research
4.6 CU Aerospace Market 2023-2030 ($M) - Global Industry Research
4.7 Endurosat Market 2023-2030 ($M) - Global Industry Research
4.8 Gomspace Market 2023-2030 ($M) - Global Industry Research
4.9 Harris Corporation Market 2023-2030 ($M) - Global Industry Research
4.10 Innovative Solutions in Space Market 2023-2030 ($M) - Global Industry Research
4.11 Lockheed Martin Corporation Market 2023-2030 ($M) - Global Industry Research
4.12 Nanoavionics Market 2023-2030 ($M) - Global Industry Research
4.13 OHB SE Market 2023-2030 ($M) - Global Industry Research
4.14 Planet Labs Market 2023-2030 ($M) - Global Industry Research
4.15 Pumpkin Space Systems Market 2023-2030 ($M) - Global Industry Research
4.16 Sierra Nevada Corporation Market 2023-2030 ($M) - Global Industry Research
4.17 Space Systems Loral Market 2023-2030 ($M) - Global Industry Research
4.18 Surrey Satellite Technology Market 2023-2030 ($M) - Global Industry Research
4.19 The Boeing Company Market 2023-2030 ($M) - Global Industry Research
4.20 Tyvak Nano-Satellite Systems Market 2023-2030 ($M) - Global Industry Research
5.Global CubeSat Market, By Subsystem Market 2023-2030 (Volume/Units)
5.1 Attitude Determination and Control System Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Command Data Handling Market 2023-2030 (Volume/Units) - Global Industry Research
5.3 Electrical Power Systems Market 2023-2030 (Volume/Units) - Global Industry Research
5.4 Payloads Market 2023-2030 (Volume/Units) - Global Industry Research
5.5 Power System Market 2023-2030 (Volume/Units) - Global Industry Research
5.6 Propulsion Systems Market 2023-2030 (Volume/Units) - Global Industry Research
5.7 Solar Panels Antenna Systems Market 2023-2030 (Volume/Units) - Global Industry Research
5.8 Structure Market 2023-2030 (Volume/Units) - Global Industry Research
5.9 Telemetry, Tracking, and Command Market 2023-2030 (Volume/Units) - Global Industry Research
5.10 Thermal Control System Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global CubeSat Market, By Size Market 2023-2030 (Volume/Units)
6.1 0.25 U-1 U Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 12 U Market 2023-2030 (Volume/Units) - Global Industry Research
6.3 2 U Market 2023-2030 (Volume/Units) - Global Industry Research
6.4 3 U Market 2023-2030 (Volume/Units) - Global Industry Research
6.5 6 U Market 2023-2030 (Volume/Units) - Global Industry Research
6.6 Above 12 U Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global CubeSat Market, By End User Market 2023-2030 (Volume/Units)
7.1 Academic Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Commercial Market 2023-2030 (Volume/Units) - Global Industry Research
7.2.1 Agriculture Market 2023-2030 (Volume/Units)
7.2.2 IT Telecommunication Market 2023-2030 (Volume/Units)
7.2.3 Mining Market 2023-2030 (Volume/Units)
7.2.4 Oil Gas Market 2023-2030 (Volume/Units)
7.3 Defense Market 2023-2030 (Volume/Units) - Global Industry Research
7.4 Government Military Market 2023-2030 (Volume/Units) - Global Industry Research
7.5 Non-profit Organizations Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Company Profiling Market 2023-2030 (Volume/Units)
8.1 Adcole Maryland Aerospace Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Blue Canyon Technologies Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Busek Co Market 2023-2030 (Volume/Units) - Global Industry Research
8.4 Capella Space Market 2023-2030 (Volume/Units) - Global Industry Research
8.5 Clyde Space Market 2023-2030 (Volume/Units) - Global Industry Research
8.6 CU Aerospace Market 2023-2030 (Volume/Units) - Global Industry Research
8.7 Endurosat Market 2023-2030 (Volume/Units) - Global Industry Research
8.8 Gomspace Market 2023-2030 (Volume/Units) - Global Industry Research
8.9 Harris Corporation Market 2023-2030 (Volume/Units) - Global Industry Research
8.10 Innovative Solutions in Space Market 2023-2030 (Volume/Units) - Global Industry Research
8.11 Lockheed Martin Corporation Market 2023-2030 (Volume/Units) - Global Industry Research
8.12 Nanoavionics Market 2023-2030 (Volume/Units) - Global Industry Research
8.13 OHB SE Market 2023-2030 (Volume/Units) - Global Industry Research
8.14 Planet Labs Market 2023-2030 (Volume/Units) - Global Industry Research
8.15 Pumpkin Space Systems Market 2023-2030 (Volume/Units) - Global Industry Research
8.16 Sierra Nevada Corporation Market 2023-2030 (Volume/Units) - Global Industry Research
8.17 Space Systems Loral Market 2023-2030 (Volume/Units) - Global Industry Research
8.18 Surrey Satellite Technology Market 2023-2030 (Volume/Units) - Global Industry Research
8.19 The Boeing Company Market 2023-2030 (Volume/Units) - Global Industry Research
8.20 Tyvak Nano-Satellite Systems Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America CubeSat Market, By Subsystem Market 2023-2030 ($M)
9.1 Attitude Determination and Control System Market 2023-2030 ($M) - Regional Industry Research
9.2 Command Data Handling Market 2023-2030 ($M) - Regional Industry Research
9.3 Electrical Power Systems Market 2023-2030 ($M) - Regional Industry Research
9.4 Payloads Market 2023-2030 ($M) - Regional Industry Research
9.5 Power System Market 2023-2030 ($M) - Regional Industry Research
9.6 Propulsion Systems Market 2023-2030 ($M) - Regional Industry Research
9.7 Solar Panels Antenna Systems Market 2023-2030 ($M) - Regional Industry Research
9.8 Structure Market 2023-2030 ($M) - Regional Industry Research
9.9 Telemetry, Tracking, and Command Market 2023-2030 ($M) - Regional Industry Research
9.10 Thermal Control System Market 2023-2030 ($M) - Regional Industry Research
10.North America CubeSat Market, By Size Market 2023-2030 ($M)
10.1 0.25 U-1 U Market 2023-2030 ($M) - Regional Industry Research
10.2 12 U Market 2023-2030 ($M) - Regional Industry Research
10.3 2 U Market 2023-2030 ($M) - Regional Industry Research
10.4 3 U Market 2023-2030 ($M) - Regional Industry Research
10.5 6 U Market 2023-2030 ($M) - Regional Industry Research
10.6 Above 12 U Market 2023-2030 ($M) - Regional Industry Research
11.North America CubeSat Market, By End User Market 2023-2030 ($M)
11.1 Academic Market 2023-2030 ($M) - Regional Industry Research
11.2 Commercial Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Agriculture Market 2023-2030 ($M)
11.2.2 IT Telecommunication Market 2023-2030 ($M)
11.2.3 Mining Market 2023-2030 ($M)
11.2.4 Oil Gas Market 2023-2030 ($M)
11.3 Defense Market 2023-2030 ($M) - Regional Industry Research
11.4 Government Military Market 2023-2030 ($M) - Regional Industry Research
11.5 Non-profit Organizations Market 2023-2030 ($M) - Regional Industry Research
12.North America Company Profiling Market 2023-2030 ($M)
12.1 Adcole Maryland Aerospace Market 2023-2030 ($M) - Regional Industry Research
12.2 Blue Canyon Technologies Market 2023-2030 ($M) - Regional Industry Research
12.3 Busek Co Market 2023-2030 ($M) - Regional Industry Research
12.4 Capella Space Market 2023-2030 ($M) - Regional Industry Research
12.5 Clyde Space Market 2023-2030 ($M) - Regional Industry Research
12.6 CU Aerospace Market 2023-2030 ($M) - Regional Industry Research
12.7 Endurosat Market 2023-2030 ($M) - Regional Industry Research
12.8 Gomspace Market 2023-2030 ($M) - Regional Industry Research
12.9 Harris Corporation Market 2023-2030 ($M) - Regional Industry Research
12.10 Innovative Solutions in Space Market 2023-2030 ($M) - Regional Industry Research
12.11 Lockheed Martin Corporation Market 2023-2030 ($M) - Regional Industry Research
12.12 Nanoavionics Market 2023-2030 ($M) - Regional Industry Research
12.13 OHB SE Market 2023-2030 ($M) - Regional Industry Research
12.14 Planet Labs Market 2023-2030 ($M) - Regional Industry Research
12.15 Pumpkin Space Systems Market 2023-2030 ($M) - Regional Industry Research
12.16 Sierra Nevada Corporation Market 2023-2030 ($M) - Regional Industry Research
12.17 Space Systems Loral Market 2023-2030 ($M) - Regional Industry Research
12.18 Surrey Satellite Technology Market 2023-2030 ($M) - Regional Industry Research
12.19 The Boeing Company Market 2023-2030 ($M) - Regional Industry Research
12.20 Tyvak Nano-Satellite Systems Market 2023-2030 ($M) - Regional Industry Research
13.South America CubeSat Market, By Subsystem Market 2023-2030 ($M)
13.1 Attitude Determination and Control System Market 2023-2030 ($M) - Regional Industry Research
13.2 Command Data Handling Market 2023-2030 ($M) - Regional Industry Research
13.3 Electrical Power Systems Market 2023-2030 ($M) - Regional Industry Research
13.4 Payloads Market 2023-2030 ($M) - Regional Industry Research
13.5 Power System Market 2023-2030 ($M) - Regional Industry Research
13.6 Propulsion Systems Market 2023-2030 ($M) - Regional Industry Research
13.7 Solar Panels Antenna Systems Market 2023-2030 ($M) - Regional Industry Research
13.8 Structure Market 2023-2030 ($M) - Regional Industry Research
13.9 Telemetry, Tracking, and Command Market 2023-2030 ($M) - Regional Industry Research
13.10 Thermal Control System Market 2023-2030 ($M) - Regional Industry Research
14.South America CubeSat Market, By Size Market 2023-2030 ($M)
14.1 0.25 U-1 U Market 2023-2030 ($M) - Regional Industry Research
14.2 12 U Market 2023-2030 ($M) - Regional Industry Research
14.3 2 U Market 2023-2030 ($M) - Regional Industry Research
14.4 3 U Market 2023-2030 ($M) - Regional Industry Research
14.5 6 U Market 2023-2030 ($M) - Regional Industry Research
14.6 Above 12 U Market 2023-2030 ($M) - Regional Industry Research
15.South America CubeSat Market, By End User Market 2023-2030 ($M)
15.1 Academic Market 2023-2030 ($M) - Regional Industry Research
15.2 Commercial Market 2023-2030 ($M) - Regional Industry Research
15.2.1 Agriculture Market 2023-2030 ($M)
15.2.2 IT Telecommunication Market 2023-2030 ($M)
15.2.3 Mining Market 2023-2030 ($M)
15.2.4 Oil Gas Market 2023-2030 ($M)
15.3 Defense Market 2023-2030 ($M) - Regional Industry Research
15.4 Government Military Market 2023-2030 ($M) - Regional Industry Research
15.5 Non-profit Organizations Market 2023-2030 ($M) - Regional Industry Research
16.South America Company Profiling Market 2023-2030 ($M)
16.1 Adcole Maryland Aerospace Market 2023-2030 ($M) - Regional Industry Research
16.2 Blue Canyon Technologies Market 2023-2030 ($M) - Regional Industry Research
16.3 Busek Co Market 2023-2030 ($M) - Regional Industry Research
16.4 Capella Space Market 2023-2030 ($M) - Regional Industry Research
16.5 Clyde Space Market 2023-2030 ($M) - Regional Industry Research
16.6 CU Aerospace Market 2023-2030 ($M) - Regional Industry Research
16.7 Endurosat Market 2023-2030 ($M) - Regional Industry Research
16.8 Gomspace Market 2023-2030 ($M) - Regional Industry Research
16.9 Harris Corporation Market 2023-2030 ($M) - Regional Industry Research
16.10 Innovative Solutions in Space Market 2023-2030 ($M) - Regional Industry Research
16.11 Lockheed Martin Corporation Market 2023-2030 ($M) - Regional Industry Research
16.12 Nanoavionics Market 2023-2030 ($M) - Regional Industry Research
16.13 OHB SE Market 2023-2030 ($M) - Regional Industry Research
16.14 Planet Labs Market 2023-2030 ($M) - Regional Industry Research
16.15 Pumpkin Space Systems Market 2023-2030 ($M) - Regional Industry Research
16.16 Sierra Nevada Corporation Market 2023-2030 ($M) - Regional Industry Research
16.17 Space Systems Loral Market 2023-2030 ($M) - Regional Industry Research
16.18 Surrey Satellite Technology Market 2023-2030 ($M) - Regional Industry Research
16.19 The Boeing Company Market 2023-2030 ($M) - Regional Industry Research
16.20 Tyvak Nano-Satellite Systems Market 2023-2030 ($M) - Regional Industry Research
17.Europe CubeSat Market, By Subsystem Market 2023-2030 ($M)
17.1 Attitude Determination and Control System Market 2023-2030 ($M) - Regional Industry Research
17.2 Command Data Handling Market 2023-2030 ($M) - Regional Industry Research
17.3 Electrical Power Systems Market 2023-2030 ($M) - Regional Industry Research
17.4 Payloads Market 2023-2030 ($M) - Regional Industry Research
17.5 Power System Market 2023-2030 ($M) - Regional Industry Research
17.6 Propulsion Systems Market 2023-2030 ($M) - Regional Industry Research
17.7 Solar Panels Antenna Systems Market 2023-2030 ($M) - Regional Industry Research
17.8 Structure Market 2023-2030 ($M) - Regional Industry Research
17.9 Telemetry, Tracking, and Command Market 2023-2030 ($M) - Regional Industry Research
17.10 Thermal Control System Market 2023-2030 ($M) - Regional Industry Research
18.Europe CubeSat Market, By Size Market 2023-2030 ($M)
18.1 0.25 U-1 U Market 2023-2030 ($M) - Regional Industry Research
18.2 12 U Market 2023-2030 ($M) - Regional Industry Research
18.3 2 U Market 2023-2030 ($M) - Regional Industry Research
18.4 3 U Market 2023-2030 ($M) - Regional Industry Research
18.5 6 U Market 2023-2030 ($M) - Regional Industry Research
18.6 Above 12 U Market 2023-2030 ($M) - Regional Industry Research
19.Europe CubeSat Market, By End User Market 2023-2030 ($M)
19.1 Academic Market 2023-2030 ($M) - Regional Industry Research
19.2 Commercial Market 2023-2030 ($M) - Regional Industry Research
19.2.1 Agriculture Market 2023-2030 ($M)
19.2.2 IT Telecommunication Market 2023-2030 ($M)
19.2.3 Mining Market 2023-2030 ($M)
19.2.4 Oil Gas Market 2023-2030 ($M)
19.3 Defense Market 2023-2030 ($M) - Regional Industry Research
19.4 Government Military Market 2023-2030 ($M) - Regional Industry Research
19.5 Non-profit Organizations Market 2023-2030 ($M) - Regional Industry Research
20.Europe Company Profiling Market 2023-2030 ($M)
20.1 Adcole Maryland Aerospace Market 2023-2030 ($M) - Regional Industry Research
20.2 Blue Canyon Technologies Market 2023-2030 ($M) - Regional Industry Research
20.3 Busek Co Market 2023-2030 ($M) - Regional Industry Research
20.4 Capella Space Market 2023-2030 ($M) - Regional Industry Research
20.5 Clyde Space Market 2023-2030 ($M) - Regional Industry Research
20.6 CU Aerospace Market 2023-2030 ($M) - Regional Industry Research
20.7 Endurosat Market 2023-2030 ($M) - Regional Industry Research
20.8 Gomspace Market 2023-2030 ($M) - Regional Industry Research
20.9 Harris Corporation Market 2023-2030 ($M) - Regional Industry Research
20.10 Innovative Solutions in Space Market 2023-2030 ($M) - Regional Industry Research
20.11 Lockheed Martin Corporation Market 2023-2030 ($M) - Regional Industry Research
20.12 Nanoavionics Market 2023-2030 ($M) - Regional Industry Research
20.13 OHB SE Market 2023-2030 ($M) - Regional Industry Research
20.14 Planet Labs Market 2023-2030 ($M) - Regional Industry Research
20.15 Pumpkin Space Systems Market 2023-2030 ($M) - Regional Industry Research
20.16 Sierra Nevada Corporation Market 2023-2030 ($M) - Regional Industry Research
20.17 Space Systems Loral Market 2023-2030 ($M) - Regional Industry Research
20.18 Surrey Satellite Technology Market 2023-2030 ($M) - Regional Industry Research
20.19 The Boeing Company Market 2023-2030 ($M) - Regional Industry Research
20.20 Tyvak Nano-Satellite Systems Market 2023-2030 ($M) - Regional Industry Research
21.APAC CubeSat Market, By Subsystem Market 2023-2030 ($M)
21.1 Attitude Determination and Control System Market 2023-2030 ($M) - Regional Industry Research
21.2 Command Data Handling Market 2023-2030 ($M) - Regional Industry Research
21.3 Electrical Power Systems Market 2023-2030 ($M) - Regional Industry Research
21.4 Payloads Market 2023-2030 ($M) - Regional Industry Research
21.5 Power System Market 2023-2030 ($M) - Regional Industry Research
21.6 Propulsion Systems Market 2023-2030 ($M) - Regional Industry Research
21.7 Solar Panels Antenna Systems Market 2023-2030 ($M) - Regional Industry Research
21.8 Structure Market 2023-2030 ($M) - Regional Industry Research
21.9 Telemetry, Tracking, and Command Market 2023-2030 ($M) - Regional Industry Research
21.10 Thermal Control System Market 2023-2030 ($M) - Regional Industry Research
22.APAC CubeSat Market, By Size Market 2023-2030 ($M)
22.1 0.25 U-1 U Market 2023-2030 ($M) - Regional Industry Research
22.2 12 U Market 2023-2030 ($M) - Regional Industry Research
22.3 2 U Market 2023-2030 ($M) - Regional Industry Research
22.4 3 U Market 2023-2030 ($M) - Regional Industry Research
22.5 6 U Market 2023-2030 ($M) - Regional Industry Research
22.6 Above 12 U Market 2023-2030 ($M) - Regional Industry Research
23.APAC CubeSat Market, By End User Market 2023-2030 ($M)
23.1 Academic Market 2023-2030 ($M) - Regional Industry Research
23.2 Commercial Market 2023-2030 ($M) - Regional Industry Research
23.2.1 Agriculture Market 2023-2030 ($M)
23.2.2 IT Telecommunication Market 2023-2030 ($M)
23.2.3 Mining Market 2023-2030 ($M)
23.2.4 Oil Gas Market 2023-2030 ($M)
23.3 Defense Market 2023-2030 ($M) - Regional Industry Research
23.4 Government Military Market 2023-2030 ($M) - Regional Industry Research
23.5 Non-profit Organizations Market 2023-2030 ($M) - Regional Industry Research
24.APAC Company Profiling Market 2023-2030 ($M)
24.1 Adcole Maryland Aerospace Market 2023-2030 ($M) - Regional Industry Research
24.2 Blue Canyon Technologies Market 2023-2030 ($M) - Regional Industry Research
24.3 Busek Co Market 2023-2030 ($M) - Regional Industry Research
24.4 Capella Space Market 2023-2030 ($M) - Regional Industry Research
24.5 Clyde Space Market 2023-2030 ($M) - Regional Industry Research
24.6 CU Aerospace Market 2023-2030 ($M) - Regional Industry Research
24.7 Endurosat Market 2023-2030 ($M) - Regional Industry Research
24.8 Gomspace Market 2023-2030 ($M) - Regional Industry Research
24.9 Harris Corporation Market 2023-2030 ($M) - Regional Industry Research
24.10 Innovative Solutions in Space Market 2023-2030 ($M) - Regional Industry Research
24.11 Lockheed Martin Corporation Market 2023-2030 ($M) - Regional Industry Research
24.12 Nanoavionics Market 2023-2030 ($M) - Regional Industry Research
24.13 OHB SE Market 2023-2030 ($M) - Regional Industry Research
24.14 Planet Labs Market 2023-2030 ($M) - Regional Industry Research
24.15 Pumpkin Space Systems Market 2023-2030 ($M) - Regional Industry Research
24.16 Sierra Nevada Corporation Market 2023-2030 ($M) - Regional Industry Research
24.17 Space Systems Loral Market 2023-2030 ($M) - Regional Industry Research
24.18 Surrey Satellite Technology Market 2023-2030 ($M) - Regional Industry Research
24.19 The Boeing Company Market 2023-2030 ($M) - Regional Industry Research
24.20 Tyvak Nano-Satellite Systems Market 2023-2030 ($M) - Regional Industry Research
25.MENA CubeSat Market, By Subsystem Market 2023-2030 ($M)
25.1 Attitude Determination and Control System Market 2023-2030 ($M) - Regional Industry Research
25.2 Command Data Handling Market 2023-2030 ($M) - Regional Industry Research
25.3 Electrical Power Systems Market 2023-2030 ($M) - Regional Industry Research
25.4 Payloads Market 2023-2030 ($M) - Regional Industry Research
25.5 Power System Market 2023-2030 ($M) - Regional Industry Research
25.6 Propulsion Systems Market 2023-2030 ($M) - Regional Industry Research
25.7 Solar Panels Antenna Systems Market 2023-2030 ($M) - Regional Industry Research
25.8 Structure Market 2023-2030 ($M) - Regional Industry Research
25.9 Telemetry, Tracking, and Command Market 2023-2030 ($M) - Regional Industry Research
25.10 Thermal Control System Market 2023-2030 ($M) - Regional Industry Research
26.MENA CubeSat Market, By Size Market 2023-2030 ($M)
26.1 0.25 U-1 U Market 2023-2030 ($M) - Regional Industry Research
26.2 12 U Market 2023-2030 ($M) - Regional Industry Research
26.3 2 U Market 2023-2030 ($M) - Regional Industry Research
26.4 3 U Market 2023-2030 ($M) - Regional Industry Research
26.5 6 U Market 2023-2030 ($M) - Regional Industry Research
26.6 Above 12 U Market 2023-2030 ($M) - Regional Industry Research
27.MENA CubeSat Market, By End User Market 2023-2030 ($M)
27.1 Academic Market 2023-2030 ($M) - Regional Industry Research
27.2 Commercial Market 2023-2030 ($M) - Regional Industry Research
27.2.1 Agriculture Market 2023-2030 ($M)
27.2.2 IT Telecommunication Market 2023-2030 ($M)
27.2.3 Mining Market 2023-2030 ($M)
27.2.4 Oil Gas Market 2023-2030 ($M)
27.3 Defense Market 2023-2030 ($M) - Regional Industry Research
27.4 Government Military Market 2023-2030 ($M) - Regional Industry Research
27.5 Non-profit Organizations Market 2023-2030 ($M) - Regional Industry Research
28.MENA Company Profiling Market 2023-2030 ($M)
28.1 Adcole Maryland Aerospace Market 2023-2030 ($M) - Regional Industry Research
28.2 Blue Canyon Technologies Market 2023-2030 ($M) - Regional Industry Research
28.3 Busek Co Market 2023-2030 ($M) - Regional Industry Research
28.4 Capella Space Market 2023-2030 ($M) - Regional Industry Research
28.5 Clyde Space Market 2023-2030 ($M) - Regional Industry Research
28.6 CU Aerospace Market 2023-2030 ($M) - Regional Industry Research
28.7 Endurosat Market 2023-2030 ($M) - Regional Industry Research
28.8 Gomspace Market 2023-2030 ($M) - Regional Industry Research
28.9 Harris Corporation Market 2023-2030 ($M) - Regional Industry Research
28.10 Innovative Solutions in Space Market 2023-2030 ($M) - Regional Industry Research
28.11 Lockheed Martin Corporation Market 2023-2030 ($M) - Regional Industry Research
28.12 Nanoavionics Market 2023-2030 ($M) - Regional Industry Research
28.13 OHB SE Market 2023-2030 ($M) - Regional Industry Research
28.14 Planet Labs Market 2023-2030 ($M) - Regional Industry Research
28.15 Pumpkin Space Systems Market 2023-2030 ($M) - Regional Industry Research
28.16 Sierra Nevada Corporation Market 2023-2030 ($M) - Regional Industry Research
28.17 Space Systems Loral Market 2023-2030 ($M) - Regional Industry Research
28.18 Surrey Satellite Technology Market 2023-2030 ($M) - Regional Industry Research
28.19 The Boeing Company Market 2023-2030 ($M) - Regional Industry Research
28.20 Tyvak Nano-Satellite Systems Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US CubeSat Global Market Revenue, 2023-2030 ($M)
2.Canada CubeSat Global Market Revenue, 2023-2030 ($M)
3.Mexico CubeSat Global Market Revenue, 2023-2030 ($M)
4.Brazil CubeSat Global Market Revenue, 2023-2030 ($M)
5.Argentina CubeSat Global Market Revenue, 2023-2030 ($M)
6.Peru CubeSat Global Market Revenue, 2023-2030 ($M)
7.Colombia CubeSat Global Market Revenue, 2023-2030 ($M)
8.Chile CubeSat Global Market Revenue, 2023-2030 ($M)
9.Rest of South America CubeSat Global Market Revenue, 2023-2030 ($M)
10.UK CubeSat Global Market Revenue, 2023-2030 ($M)
11.Germany CubeSat Global Market Revenue, 2023-2030 ($M)
12.France CubeSat Global Market Revenue, 2023-2030 ($M)
13.Italy CubeSat Global Market Revenue, 2023-2030 ($M)
14.Spain CubeSat Global Market Revenue, 2023-2030 ($M)
15.Rest of Europe CubeSat Global Market Revenue, 2023-2030 ($M)
16.China CubeSat Global Market Revenue, 2023-2030 ($M)
17.India CubeSat Global Market Revenue, 2023-2030 ($M)
18.Japan CubeSat Global Market Revenue, 2023-2030 ($M)
19.South Korea CubeSat Global Market Revenue, 2023-2030 ($M)
20.South Africa CubeSat Global Market Revenue, 2023-2030 ($M)
21.North America CubeSat Global By Application
22.South America CubeSat Global By Application
23.Europe CubeSat Global By Application
24.APAC CubeSat Global By Application
25.MENA CubeSat Global By Application

The CubeSat Market is projected to grow at 22.4% CAGR during the forecast period 2024-2030.

The CubeSat Market size is estimated to be $0.7 billion in 2023 and is projected to reach $2.8 billion by 2030

The leading players in the CubeSat Market are Lockheed Martin Corporation, RTX, SpaceX, GOMspace, AAC Clyde Space Inc and Others.

Advancements in propulsion systems and high-resolution imaging technologies are some of the major CubeSat Market trends in the industry which will create growth opportunities for the market during the forecast period.

Cost-effectiveness and accessibility, growing demand for earth observation and remote sensing, advancements in miniaturized technologies, increased government and private investments, rising use in communication and IoT are the driving factors of the CubeSat market.