Artificial satellites vary in size and cost depending on the use they are put to.
Development of nano size satellite.
This report identifies the global nano satellite market under different segments such as subsystem end user application and geography.
Forecast period is 2017 2021.
Satellite types according to mass.
Global nanosatellite microsatellite market is projected to expand at a cagr of 11 1 from 2019 to 2027 rising development of infrastructure and advancements in satellites are expected to boost the global nanosatellite microsatellite market during the forecast period.
Depending on the accuracy and stability requirements for its attitude control the thrust required to overcome interference torque is generally at the mn level.
While all such satellites can be referred to as small different classifications are used to categorize them based on mass satellites can be built small to reduce the large economic cost of launch vehicles and the costs associated with construction.
According to nasa in terms of mass a nanosat or nanosatellite is anything that weighs between 1 and 10 kilograms.
In 2015 262 spacecraft were launched of which 64 per cent fell into the small category and 48 per cent were nano satellites below 10kg.
But by mass small satellites accounted for just 2 per cent.