Europe and CIS Small Satellite Market Is Anticipated To Expand In The Coming Years
Developing technology and material systems and increasing use of small satellites in different sectors will drive the growth of the Europe & CIS small satellite market during the forecast period. According to TechSci Research report, “ Europe & CIS Small Satellite Market - By Region, Competition, Forecast & Opportunities, 2018-2028F ”, the Europe & CIS small satellites market is growing at a significant rate. As the demand for Earth observation, surveillance, security, and other sectors continues to grow, the scope and opportunity for both established players and new entrants to enter the market is expanding. Small satellites, also known as miniaturized satellites or smallsat, are typically satellites with lower weight (less than 1,200 kilograms) and size. The most common applications of these satellites are fleet management, logistics ship tracking, aircraft tracking, communication in-orbit demonstration, disaster management, and others. Furthermore, as tec...