The report "North America Small Satellite Market by System (Satellite Bus, Payloads, Satellite Antennas, Others), Propulsion Technology (Chemical, Electric, Other Technologies), Customer, Frequency, Mass, and Application – Forecast To 2030" is projected to grow from USD 3.94 billion in 2025 and to reach USD 13.89 billion by 2030, at a Compound Annual Growth Rate (CAGR) of 28.6% during the forecast period.
Browse 150 market data Tables and 50 Figures spread through 200 Pages and in-depth TOC on "North America Small Satellite Market by System (Satellite Bus, Payloads, Satellite Antennas, Others), Propulsion Technology (Chemical, Electric, Other Technologies), Customer, Frequency, Mass, and Application – Forecast To 2030"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/north-america-small-satellite-market-33007739.html
The North America small satellite market is driven by the rising demand for fast and reliable space-based data. Defense agencies rely on small satellites for surveillance and secure communication missions. Commercial operators also increase adoption for Earth observation and connectivity needs.
By application, the communication segment is projected to account for the largest share of the North America small satellite market during the forecast period.
The communication application segment leads the market due to the rising demand for satellite-based connectivity. Small satellites support broadband services and network expansion. They enable coverage in remote areas. They support secure links for government users. This drives steady demand across North America.
By propulsion, the electric segment is projected to register the highest growth during the forecast period.
By propulsion, the electric segment is expected to grow at the fastest rate in North America during the forecast period. This growth stems from improved efficiency and reduced fuel consumption. Electric systems enable satellites to remain in orbit for extended periods. They also help control movement more accurately and reduce launch weight and overall mission cost.
Canada is projected to be the fastest-growing country in the North America small satellite market during the forecast period.
Canada is projected to be the fastest-growing country-level market during the forecast period. Growth is supported by rising government investment in space programs. Demand for Earth observation and communication satellites is increasing. Support for domestic satellite manufacturing is also driving market expansion.
SpaceX, MDA, Northrop Grumman, Planet Labs PBC, and SNC are the major players in the North America small satellite market.
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America's Best Management Consulting Firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.
Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.
The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the 'GIVE Growth' principle, we collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter , LinkedIn and Facebook .
Contact:
Mr. Rohan Salgarkar
MarketsandMarkets™ INC.
1615 South Congress Ave.
Suite 103, Delray Beach, FL 33445
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Visit Our Website: https://www.marketsandmarkets.com/