Industry and News Nanosatellite And Microsatellite Market

Nanosatellite And Microsatellite Market Share by Type,
Application, Top Key Players & Region 2018 - 2025
Microsatellites are again miniaturized& low-cost satellites created for a
number of commercial and military purpose. Mainly scientific research,
communication, navigation and mapping, power, reconnaissance, biological
experiments & remote sensing are application areas for nanosatellite and
microsatellite.
15 th October 2018 - Nanosatellite or a nanosat is an artificial satellite with mass ranging from 1kg to
10kg. Nanosatellites are miniaturized, low-cost satellites created for communication, space research
and commercial purposes. Microsatellite or a micro sat is also an artificial satellite with mass
ranging from 10 Kg to 100 Kg. Microsatellites are again miniaturized& low-cost satellites created for
a number of commercial and military purpose. Mainly scientific research, communication,
navigation and mapping, power, reconnaissance, biological experiments & remote sensing are
application areas for nanosatellite and microsatellite.
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The major driving factors for the global nanosatellite and microsatellite market include increased
demand across industry verticals, increase in number of application areas, growth in investments,