© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Nanosatellite Market Pit Falls, Present Scenario and Growth Prospects from 2017 to 2024: Global Market Insights, Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The U.S. is the largest contributor to the nanosatellite market owing to the technological advancements in space research and presence of leading universities and space agencies. Additionally, favorable government rules and regulations allow the space agencies to build and develop these systems with low risks. Government funding and industrial investments towards space programs have enhanced the industry growth. Asia Pacific nanosatellite market is the most profitable nanosatellites market owing to rising development of these systems in the emerging countries. Regional Analysis of Nanosatellite Market :

© 2016 Global Market Insights, Inc. USA. All Rights Reserved Application Analysis of Nanosatellite Market:  Nanosatellite market find various applications in agriculture, biological experiments, communication, power, navigation & mapping, education, exploration, earth observation, and scientific research. They could be used to help fisherman identify catches, to keep track of crops and to detect natural disasters such as earthquakes, floods and tsunamis. In addition, nanosatellite market plays a vital role by providing affordable and smart solutions to the farmers through their deployment at areas where the agricultural production is situated in remote locations and the soil is rich in constituents.  The communication sector is currently dominating the nanosatellite market share owing to defense administrations launching communication nanosatellites to deliver signals to armed forces positioned in dense forests or at remote locations. Many telecom companies are taking various steps to launch collection of these satellites to offer their customers additional bandwidth and speedy internet services.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Key market players dominating the nanosatellite market include Clyde Space, Inc., Gomspace, Innovative Solution in Space (ISIS) Group, Skybox Imaging, Inc., Spacequest Ltd, Planet Labs Inc., Ruag Group, Raytheon, Sierra Nevada Corporation and Lockheed Martin Corporation. In February 2017, Planet Labs announced its agreement with Google.  The multi-year contract has aided Planet Labs acquire Google’s Terra Bella business encompassing of SkySat constellation of satellites which is used for Earth imaging data. The SkySat constellation consists of 7 high resolution satellites and compliments to Planet Labs 60 fleet of medium resolution satellites. Competitive Market Share of Nanosatellite Market:

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