
According to this study, the global Low-Cost Satellite market size will reach US$ 11230 million by 2031.
Low-cost satellites are satellites whose life-cycle costs are significantly lower than the average cost of similar satellites. Foreign research community that can not be defined in a quantitative way low-cost satellite, but based on mathematical statistics analysis method can be compared to determine the low-cost category of satellite projects. Earlier, satellite development was a costly and time-consuming procedure only available to governments and major enterprises with enormous resources. However, technological advances and manufacturing methods have made it possible to create and launch smaller spacecraft for a fraction of the cost of typical satellites. These low-cost satellites can range in size from CubeSats (compact, standardized satellites approximately the size of a shoebox) to small satellites weighing a few hundred kilograms. They frequently utilize off-the-shelf components and can be launched as secondary payloads on rockets carrying larger satellites or other payloads, dramatically reducing the cost of getting them into space. This development has created new potential for Earth observation, remote sensing, communication, and scientific inquiry. Low-cost satellites, for example, can track weather patterns, wildlife movement, and agricultural health and provide internet service to remote places. This report covers the low-cost satellite equipment market.
The past decade has seen a substantial shift in the space industry with the arrival of what is often referred to as “New Space”. This takes a different approach to satellite deployment: harnessing the miniaturisation of electronics, it enables smaller, more capable spacecraft to be launched in higher volumes and at lower cost. At the same time, there has been a boom in potential applications for both data obtained from space and services delivered from space, such as satellite communications or Earth observations. New Space technology has been perfectly placed to address these needs, with significantly shorter time-to-market than more traditional spacecraft. The deployment of satellite constellations is one of the key trends in low-cost satellites. Satellite constellations are groups of satellites that operate together to provide services like Earth observation, communication, and navigation. These constellations are intended to give global coverage and high-frequency data, particularly beneficial for the Internet of Things (IoT) and remote sensing applications. Several companies are investing in satellite constellations with the objective of making space-based services more affordable and accessible. SpaceX's Starlink, for example, is a satellite constellation of thousands of low Earth orbit (LEO) satellites that aims to deliver high-speed internet connectivity to remote locations worldwide.
This report presents a comprehensive overview, market shares, and growth opportunities of Low-Cost Satellite market by product type, application, key players and key regions and countries.
Segmentation by Type:
Low-Cost Communication Satellite
Low-Cost Imaging Satellite
Others
Segmentation by Application:
Civil
Commercial
Military
This report also splits the market by region:
United States
China
Europe
Other regions
Japan
South Korea
Southeast Asia
Rest of world
The report also presents the market competition landscape and a corresponding detailed analysis of the major players in the market. The key players covered in this report:
SpaceX
Thales Alenia Space
Lockheed Martin
Northrop Gruman
Raytheon (Blue Canyon Technologies)
LeoStella
Eutelsat Group
Boeing Defense, Space & Security
Planet Labs
Kepler Communications
Maxar Technologies (SSL)
ISISpace
AAC Clyde Space
OHB
Dynetics
Ball Aerospace
CASC
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Low-Cost Satellite Market Size 2025-2031
2.1.2 Low-Cost Satellite Market Size CAGR by Region
2.2 Low-Cost Satellite Segment by Type
2.2.1 Low-Cost Communication Satellite
2.2.2 Low-Cost Imaging Satellite
2.2.3 Others
2.3 Low-Cost Satellite Market Size by Type
2.3.1 Global Low-Cost Satellite Market Size Market Share by Type (2025-2031)
2.3.2 Global Low-Cost Satellite Market Size Growth Rate by Type (2025-2031)
2.4 Low-Cost Satellite Segment by Application
2.4.1 Civil
2.4.2 Commercial
2.4.3 Military
2.5 Low-Cost Satellite Market Size by Application (2025-2031)
2.5.1 Global Low-Cost Satellite Market Size Market Share by Application (2025-2031)
2.5.2 Global Low-Cost Satellite Market Size Growth Rate by Application (2025-2031)
3 Low-Cost Satellite Key Players
3.1 Date of Key Players Enter into Low-Cost Satellite
3.2 Key Players Low-Cost Satellite Product Offered
3.3 Key Players Low-Cost Satellite Funding/Investment Analysis
3.4 Funding/Investment
3.4.1 Funding/Investment by Regions
3.4.2 Funding/Investment by End-Industry
3.5 Key Players Low-Cost Satellite Valuation & Market Capitalization
3.6 Key Players Mergers & Acquisitions, Expansion Plans
3.7 Market Ranking
3.8 New Product/Technology Launches
3.9 Partnerships, Agreements, and Collaborations
3.10 Mergers and Acquisitions
4 Low-Cost Satellite by Regions
4.1 Low-Cost Satellite Market Size by Regions (2025-2031)
4.2 United States Low-Cost Satellite Market Size Growth (2025-2031)
4.3 China Low-Cost Satellite Market Size Growth (2025-2031)
4.4 Europe Low-Cost Satellite Market Size Growth (2025-2031)
4.5 Rest of World Low-Cost Satellite Market Size Growth (2025-2031)
5 United States
5.1 United States Low-Cost Satellite Market Size by Type (2025-2031)
5.2 United States Low-Cost Satellite Market Size by Application (2025-2031)
6 Europe
6.1 Europe Low-Cost Satellite Market Size by Type (2025-2031)
6.2 Europe Low-Cost Satellite Market Size by Application (2025-2031)
7 China
7.1 China Low-Cost Satellite Market Size by Type (2025-2031)
7.2 China Low-Cost Satellite Market Size by Application (2025-2031)
8 Rest of World
8.1 Rest of World Low-Cost Satellite Market Size by Type (2025-2031)
8.2 Rest of World Low-Cost Satellite Market Size by Application (2025-2031)
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Key Investors in Low-Cost Satellite
10.1 Company A
10.1.1 Company A Company Details
10.1.2 Company Description
10.1.3 Companies Invested by Company A
10.1.4 Company A Key Development and Market Layout
10.2 Company B
10.2.1 Company B Company Details
10.2.2 Company Description
10.2.3 Companies Invested by Company B
10.2.4 Company B Key Development and Market Layout
10.3 Company C
10.3.1 Company C Company Details
10.3.2 Company Description
10.3.3 Companies Invested by Company C
10.3.4 Company C Key Development and Market Layout
10.4 Company D
10.5 ……
11 Key Players Analysis
11.1 Lockheed Martin
11.1.1 Lockheed Martin Company Details
11.1.2 Lockheed Martin Low-Cost Satellite Product Offered
11.1.3 Lockheed Martin Low-Cost Satellite Market Size (2024 VS 2030)
11.1.4 Lockheed Martin Main Business Overview
11.1.5 Lockheed Martin News
11.2 Northrop Gruman
11.2.1 Northrop Gruman Company Details
11.2.2 Northrop Gruman Low-Cost Satellite Product Offered
11.2.3 Northrop Gruman Low-Cost Satellite Market Size (2024 VS 2030)
11.2.4 Northrop Gruman Main Business Overview
11.2.5 Northrop Gruman News
11.3 Raytheon
11.3.1 Raytheon Company Details
11.3.2 Raytheon Low-Cost Satellite Product Offered
11.3.3 Raytheon Low-Cost Satellite Market Size (2024 VS 2030)
11.3.4 Raytheon Main Business Overview
11.3.5 Raytheon News
11.4 Dynetics
11.4.1 Dynetics Company Details
11.4.2 Dynetics Low-Cost Satellite Product Offered
11.4.3 Dynetics Low-Cost Satellite Market Size (2024 VS 2030)
11.4.4 Dynetics Main Business Overview
11.4.5 Dynetics News
11.5 Black Sky
11.5.1 Black Sky Company Details
11.5.2 Black Sky Low-Cost Satellite Product Offered
11.5.3 Black Sky Low-Cost Satellite Market Size (2024 VS 2030)
11.5.4 Black Sky Main Business Overview
11.5.5 Black Sky News
11.6 Surrey Satellite Technology
11.6.1 Surrey Satellite Technology Company Details
11.6.2 Surrey Satellite Technology Low-Cost Satellite Product Offered
11.6.3 Surrey Satellite Technology Low-Cost Satellite Market Size (2024 VS 2030)
11.6.4 Surrey Satellite Technology Main Business Overview
11.6.5 Surrey Satellite Technology News
11.7 Spire
11.7.1 Spire Company Details
11.7.2 Spire Low-Cost Satellite Product Offered
11.7.3 Spire Low-Cost Satellite Market Size (2024 VS 2030)
11.7.4 Spire Main Business Overview
11.7.5 Spire News
11.8 Axelspace
11.8.1 Axelspace Company Details
11.8.2 Axelspace Low-Cost Satellite Product Offered
11.8.3 Axelspace Low-Cost Satellite Market Size (2024 VS 2030)
11.8.4 Axelspace Main Business Overview
11.8.5 Axelspace News
11.9 Aerospace
11.9.1 Aerospace Company Details
11.9.2 Aerospace Low-Cost Satellite Product Offered
11.9.3 Aerospace Low-Cost Satellite Market Size (2024 VS 2030)
11.9.4 Aerospace Main Business Overview
11.9.5 Aerospace News
11.10 Deep Space Industries
11.10.1 Deep Space Industries Company Details
11.10.2 Deep Space Industries Low-Cost Satellite Product Offered
11.10.3 Deep Space Industries Low-Cost Satellite Market Size (2024 VS 2030)
11.10.4 Deep Space Industries Main Business Overview
11.10.5 Deep Space Industries News
11.11 Sierra Nevada
11.12 Clyde Space
11.13 Planet Labs
11.14 Dauria Aerospace
11.15 Terran Orbital
11.16 Thales Alenia Space
11.17 SpaceQuest
12 Research Findings and Conclusion
*If Applicable.
