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Nanosatellite and Microsatellite Market Rewriting Long Term Growth Story | Surrey Satellite Technology, Axelspace, Raytheon, Dynetics
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Nanosatellite and Microsatellite Market Rewriting Long Term Growth Story | Surrey Satellite Technology, Axelspace, Raytheon, Dynetics
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Astrocast SA: Astrocast, Satellitenfirma mit Schwerpunkt IoT, erwägt Listing bei Euronext Growth
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The nanosatellite and microsatellite industry analysis projects the market to have significant growth of CAGR 24.86% based on the values during the forecast period from 2020 to 2026. North America is expected to dominate the global nanosatellite and microsatellite market with an estimated share of 54.46% in 2019.
North America, including the major countries such as the U.S., is the most prominent region for the nanosatellite and microsatellite market. The presence of major players and intense competition among them makes North America the most technologically advanced region. The companies in the region secure contracts from end users such as defense, commercial, and government agencies for manufacturing of their satellites.
Global Nanosatellite and Microsatellite Market Analysis and Forecast, 2020-2026 - Increased Utilization of COTS Component is One of the Key Factors that May Propel Market Growth
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