Global CubeSat Market Research Report 2023

A CubeSat (U-class spacecraft) is a type of miniaturized satellite for space research that is made up of multiples of 10×10×10 cm cubic units.

The global CubeSat market was valued at US$ 260.5 million in 2022 and is anticipated to reach US$ 679.5 million by 2029, witnessing a CAGR of 17.3% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

North American market for CubeSat is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

Asia-Pacific market for CubeSat is estimated to increase from $ million in 2023 to reach $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The global market for CubeSat in Academic is estimated to increase from $ million in 2023 to $ million by 2029, at a CAGR of % during the forecast period of 2023 through 2029.

The key global companies of CubeSat include Tyvak Nano-Satellite Systems, NanoAvionika, Interorbital Systems, Harris, GomSpace, EnduroSat and Clyde Space, etc. In 2022, the world's top three vendors accounted for approximately % of the revenue.

This report aims to provide a comprehensive presentation of the global market for CubeSat, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding CubeSat.

The CubeSat market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global CubeSat market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the CubeSat companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global CubeSat Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 1U

1.2.3 2U

1.2.4 3U

1.2.5 6U

1.2.6 Other Sizes

1.3 Market by Application

1.3.1 Global CubeSat Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Academic

1.3.3 Commercial

1.3.4 Government

1.3.5 Defense

1.3.6 Non-Profit Organization

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global CubeSat Market Perspective (2018-2029)

2.2 CubeSat Growth Trends by Region

2.2.1 Global CubeSat Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 CubeSat Historic Market Size by Region (2018-2023)

2.2.3 CubeSat Forecasted Market Size by Region (2024-2029)

2.3 CubeSat Market Dynamics

2.3.1 CubeSat Industry Trends

2.3.2 CubeSat Market Drivers

2.3.3 CubeSat Market Challenges

2.3.4 CubeSat Market Restraints

3.1 Global Top CubeSat Players by Revenue

3.1.1 Global Top CubeSat Players by Revenue (2018-2023)

3.1.2 Global CubeSat Revenue Market Share by Players (2018-2023)

3.2 Global CubeSat Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by CubeSat Revenue

3.4 Global CubeSat Market Concentration Ratio

3.4.1 Global CubeSat Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by CubeSat Revenue in 2022

3.5 CubeSat Key Players Head office and Area Served

3.6 Key Players CubeSat Product Solution and Service

3.7 Date of Enter into CubeSat Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global CubeSat Historic Market Size by Type (2018-2023)

4.2 Global CubeSat Forecasted Market Size by Type (2024-2029)

5.1 Global CubeSat Historic Market Size by Application (2018-2023)

5.2 Global CubeSat Forecasted Market Size by Application (2024-2029)

6.1 North America CubeSat Market Size (2018-2029)

6.2 North America CubeSat Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America CubeSat Market Size by Country (2018-2023)

6.4 North America CubeSat Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe CubeSat Market Size (2018-2029)

7.2 Europe CubeSat Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe CubeSat Market Size by Country (2018-2023)

7.4 Europe CubeSat Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific CubeSat Market Size (2018-2029)

8.2 Asia-Pacific CubeSat Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific CubeSat Market Size by Region (2018-2023)

8.4 Asia-Pacific CubeSat Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America CubeSat Market Size (2018-2029)

9.2 Latin America CubeSat Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America CubeSat Market Size by Country (2018-2023)

9.4 Latin America CubeSat Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa CubeSat Market Size (2018-2029)

10.2 Middle East & Africa CubeSat Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa CubeSat Market Size by Country (2018-2023)

10.4 Middle East & Africa CubeSat Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Tyvak Nano-Satellite Systems

11.1.1 Tyvak Nano-Satellite Systems Company Detail

11.1.2 Tyvak Nano-Satellite Systems Business Overview

11.1.3 Tyvak Nano-Satellite Systems CubeSat Introduction

11.1.4 Tyvak Nano-Satellite Systems Revenue in CubeSat Business (2018-2023)

11.1.5 Tyvak Nano-Satellite Systems Recent Development

11.2 NanoAvionika

11.2.1 NanoAvionika Company Detail

11.2.2 NanoAvionika Business Overview

11.2.3 NanoAvionika CubeSat Introduction

11.2.4 NanoAvionika Revenue in CubeSat Business (2018-2023)

11.2.5 NanoAvionika Recent Development

11.3 Interorbital Systems

11.3.1 Interorbital Systems Company Detail

11.3.2 Interorbital Systems Business Overview

11.3.3 Interorbital Systems CubeSat Introduction

11.3.4 Interorbital Systems Revenue in CubeSat Business (2018-2023)

11.3.5 Interorbital Systems Recent Development

11.4 Harris

11.4.1 Harris Company Detail

11.4.2 Harris Business Overview

11.4.3 Harris CubeSat Introduction

11.4.4 Harris Revenue in CubeSat Business (2018-2023)

11.4.5 Harris Recent Development

11.5 GomSpace

11.5.1 GomSpace Company Detail

11.5.2 GomSpace Business Overview

11.5.3 GomSpace CubeSat Introduction

11.5.4 GomSpace Revenue in CubeSat Business (2018-2023)

11.5.5 GomSpace Recent Development

11.6 EnduroSat

11.6.1 EnduroSat Company Detail

11.6.2 EnduroSat Business Overview

11.6.3 EnduroSat CubeSat Introduction

11.6.4 EnduroSat Revenue in CubeSat Business (2018-2023)

11.6.5 EnduroSat Recent Development

11.7 Clyde Space

11.7.1 Clyde Space Company Detail

11.7.2 Clyde Space Business Overview

11.7.3 Clyde Space CubeSat Introduction

11.7.4 Clyde Space Revenue in CubeSat Business (2018-2023)

11.7.5 Clyde Space Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global CubeSat Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of 1U

    Table 3. Key Players of 2U

    Table 4. Key Players of 3U

    Table 5. Key Players of 6U

    Table 6. Key Players of Other Sizes

    Table 7. Global CubeSat Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 8. Global CubeSat Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 9. Global CubeSat Market Size by Region (2018-2023) & (US$ Million)

    Table 10. Global CubeSat Market Share by Region (2018-2023)

    Table 11. Global CubeSat Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 12. Global CubeSat Market Share by Region (2024-2029)

    Table 13. CubeSat Market Trends

    Table 14. CubeSat Market Drivers

    Table 15. CubeSat Market Challenges

    Table 16. CubeSat Market Restraints

    Table 17. Global CubeSat Revenue by Players (2018-2023) & (US$ Million)

    Table 18. Global CubeSat Market Share by Players (2018-2023)

    Table 19. Global Top CubeSat Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in CubeSat as of 2022)

    Table 20. Ranking of Global Top CubeSat Companies by Revenue (US$ Million) in 2022

    Table 21. Global 5 Largest Players Market Share by CubeSat Revenue (CR5 and HHI) & (2018-2023)

    Table 22. Key Players Headquarters and Area Served

    Table 23. Key Players CubeSat Product Solution and Service

    Table 24. Date of Enter into CubeSat Market

    Table 25. Mergers & Acquisitions, Expansion Plans

    Table 26. Global CubeSat Market Size by Type (2018-2023) & (US$ Million)

    Table 27. Global CubeSat Revenue Market Share by Type (2018-2023)

    Table 28. Global CubeSat Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 29. Global CubeSat Revenue Market Share by Type (2024-2029)

    Table 30. Global CubeSat Market Size by Application (2018-2023) & (US$ Million)

    Table 31. Global CubeSat Revenue Market Share by Application (2018-2023)

    Table 32. Global CubeSat Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 33. Global CubeSat Revenue Market Share by Application (2024-2029)

    Table 34. North America CubeSat Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 35. North America CubeSat Market Size by Country (2018-2023) & (US$ Million)

    Table 36. North America CubeSat Market Size by Country (2024-2029) & (US$ Million)

    Table 37. Europe CubeSat Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 38. Europe CubeSat Market Size by Country (2018-2023) & (US$ Million)

    Table 39. Europe CubeSat Market Size by Country (2024-2029) & (US$ Million)

    Table 40. Asia-Pacific CubeSat Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 41. Asia-Pacific CubeSat Market Size by Region (2018-2023) & (US$ Million)

    Table 42. Asia-Pacific CubeSat Market Size by Region (2024-2029) & (US$ Million)

    Table 43. Latin America CubeSat Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 44. Latin America CubeSat Market Size by Country (2018-2023) & (US$ Million)

    Table 45. Latin America CubeSat Market Size by Country (2024-2029) & (US$ Million)

    Table 46. Middle East & Africa CubeSat Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 47. Middle East & Africa CubeSat Market Size by Country (2018-2023) & (US$ Million)

    Table 48. Middle East & Africa CubeSat Market Size by Country (2024-2029) & (US$ Million)

    Table 49. Tyvak Nano-Satellite Systems Company Detail

    Table 50. Tyvak Nano-Satellite Systems Business Overview

    Table 51. Tyvak Nano-Satellite Systems CubeSat Product

    Table 52. Tyvak Nano-Satellite Systems Revenue in CubeSat Business (2018-2023) & (US$ Million)

    Table 53. Tyvak Nano-Satellite Systems Recent Development

    Table 54. NanoAvionika Company Detail

    Table 55. NanoAvionika Business Overview

    Table 56. NanoAvionika CubeSat Product

    Table 57. NanoAvionika Revenue in CubeSat Business (2018-2023) & (US$ Million)

    Table 58. NanoAvionika Recent Development

    Table 59. Interorbital Systems Company Detail

    Table 60. Interorbital Systems Business Overview

    Table 61. Interorbital Systems CubeSat Product

    Table 62. Interorbital Systems Revenue in CubeSat Business (2018-2023) & (US$ Million)

    Table 63. Interorbital Systems Recent Development

    Table 64. Harris Company Detail

    Table 65. Harris Business Overview

    Table 66. Harris CubeSat Product

    Table 67. Harris Revenue in CubeSat Business (2018-2023) & (US$ Million)

    Table 68. Harris Recent Development

    Table 69. GomSpace Company Detail

    Table 70. GomSpace Business Overview

    Table 71. GomSpace CubeSat Product

    Table 72. GomSpace Revenue in CubeSat Business (2018-2023) & (US$ Million)

    Table 73. GomSpace Recent Development

    Table 74. EnduroSat Company Detail

    Table 75. EnduroSat Business Overview

    Table 76. EnduroSat CubeSat Product

    Table 77. EnduroSat Revenue in CubeSat Business (2018-2023) & (US$ Million)

    Table 78. EnduroSat Recent Development

    Table 79. Clyde Space Company Detail

    Table 80. Clyde Space Business Overview

    Table 81. Clyde Space CubeSat Product

    Table 82. Clyde Space Revenue in CubeSat Business (2018-2023) & (US$ Million)

    Table 83. Clyde Space Recent Development

    Table 84. Research Programs/Design for This Report

    Table 85. Key Data Information from Secondary Sources

    Table 86. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global CubeSat Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global CubeSat Market Share by Type: 2022 VS 2029

    Figure 3. 1U Features

    Figure 4. 2U Features

    Figure 5. 3U Features

    Figure 6. 6U Features

    Figure 7. Other Sizes Features

    Figure 8. Global CubeSat Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 9. Global CubeSat Market Share by Application: 2022 VS 2029

    Figure 10. Academic Case Studies

    Figure 11. Commercial Case Studies

    Figure 12. Government Case Studies

    Figure 13. Defense Case Studies

    Figure 14. Non-Profit Organization Case Studies

    Figure 15. CubeSat Report Years Considered

    Figure 16. Global CubeSat Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 17. Global CubeSat Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 18. Global CubeSat Market Share by Region: 2022 VS 2029

    Figure 19. Global CubeSat Market Share by Players in 2022

    Figure 20. Global Top CubeSat Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in CubeSat as of 2022)

    Figure 21. The Top 10 and 5 Players Market Share by CubeSat Revenue in 2022

    Figure 22. North America CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. North America CubeSat Market Share by Country (2018-2029)

    Figure 24. United States CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. Canada CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. Europe CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Europe CubeSat Market Share by Country (2018-2029)

    Figure 28. Germany CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. France CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. U.K. CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Italy CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 32. Russia CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Nordic Countries CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. Asia-Pacific CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Asia-Pacific CubeSat Market Share by Region (2018-2029)

    Figure 36. China CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Japan CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. South Korea CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Southeast Asia CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 40. India CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Australia CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Latin America CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Latin America CubeSat Market Share by Country (2018-2029)

    Figure 44. Mexico CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Brazil CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Middle East & Africa CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 47. Middle East & Africa CubeSat Market Share by Country (2018-2029)

    Figure 48. Turkey CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 49. Saudi Arabia CubeSat Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 50. Tyvak Nano-Satellite Systems Revenue Growth Rate in CubeSat Business (2018-2023)

    Figure 51. NanoAvionika Revenue Growth Rate in CubeSat Business (2018-2023)

    Figure 52. Interorbital Systems Revenue Growth Rate in CubeSat Business (2018-2023)

    Figure 53. Harris Revenue Growth Rate in CubeSat Business (2018-2023)

    Figure 54. GomSpace Revenue Growth Rate in CubeSat Business (2018-2023)

    Figure 55. EnduroSat Revenue Growth Rate in CubeSat Business (2018-2023)

    Figure 56. Clyde Space Revenue Growth Rate in CubeSat Business (2018-2023)

    Figure 57. Bottom-up and Top-down Approaches for This Report

    Figure 58. Data Triangulation

    Figure 59. Key Executives Interviewed