Market Overview:
The global industrial sun sensors for space market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for satellites and spacecrafts for various applications such as communication, navigation, earth observation, and others. In addition, the growing adoption of digital sun sensors is also contributing to the growth of this market. Based on type, the global industrial sun sensors for space market can be segmented into coarse analog sun sensors, fine analog sun sensors, and digital sun sensors. The coarse analogsun sensor segment is expected to hold a major share in this market during the forecast period owingto its low cost and easy installation.
Product Definition:
Industrial Sun Sensors for Space are used to detect the position of the sun and its intensity. They are important for space missions as they help in orienting spacecrafts and determining their location.
Coarse Analog Sun Sensors:
Analog sun sensors are used to measure the intensity of light and its variation over time. These sensors are mainly used in industrial applications such as solar tracking systems, power plants, energy management systems and other related devices. The growth factor for this market is increasing demand from space-based satellite manufacturing companies that require these sensors to ensure safety while launching satellites into orbit.
Fine Analog Sun Sensors:
Fine analog sun sensors are used in industrial sun sensors for space to measure the intensity of sunlight. These devices have a wide range of applications from automotive and aircraft to building automation systems. The growing demand for renewable energy is expected to boost the growth of solar cells which further propels the usage fine analog sun sensor market over forecast period.
Application Insights:
The others segment includes the sun sensors used for timekeeping, tracking and controlling purposes in industries like automotive, marine and aviation. The use of these sensors for time keeping or tracking is limited to GEO while controlling a vehicle on earth is applicable across LEO to MEO regions. The others segment accounted for a significant market share in 2017 owing to its wide application scope across various industries.
The Leo region dominated the overall industry with over 40% of the revenue share in 2017 due to its high usage rate as compared with other regions. This can be attributed to factors such as presence of large number of satellites that aid global communication systems operating from this region along with growing demand from end-use industries including agriculture and construction among others functioning at global level.
Regional Analysis:
Asia Pacific dominated the global industry with a revenue share of over 38% in 2017. This is attributed to growing space programs and satellite launches in countries such as India, China, and Japan. For instance, there were around 18 satellite launches in Asia Pacific from 2014 to 2016. Moreover, increasing investments by governments of various countries are also contributing towards market growth. For instance; In January 2018; The Government of India launched “Radar Mission for Earth†which is a multi-disciplinary research project undertaken to study the land surface processes on different temporal scales using radar data.
North America accounted for second largest regional segment followed by Europe owing to increased spending on space exploration activities coupled with technological advancements made by organizations such as NASA and CSA (Canada Space Agency).
Growth Factors:
- Increasing demand for solar energy in space
- Growing awareness about the benefits of using industrial sun sensors for space
- Proliferation of small satellites and CubeSats
- Reduction in the cost of launching payloads into space
- Increased R&D spending by governments and private companies
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Sun Sensors for Space Market Research Report
By Type
Coarse Analog Sun Sensors, Fine Analog Sun Sensors, Digital Sun Sensors
By Application
LEO, GEO, MEO, Others
By Companies
NewSpace Systems, Bradford Space, Adcole Space, GOMSpace, Space Micro, CubeSpace, Antrix Corporation, Hyperion Technologies, Sputnix, German Orbital Systems, NewSpace Systems, Needronix, Cosats, Leonardo, LENS R&D, Crystal Space, Solar MEMS Technologies, Chang Guang Satellite, Tensor Tech, Optical Energy Technologies, Jena-Optronik GmbH, CAS-SAST Shanghai Academy of Spaceflight Tech, SpaceTech GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Sun Sensors for Space Market Report Segments:
The global Industrial Sun Sensors for Space market is segmented on the basis of:
Types
Coarse Analog Sun Sensors, Fine Analog Sun Sensors, Digital Sun Sensors
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
LEO, GEO, MEO, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NewSpace Systems
- Bradford Space
- Adcole Space
- GOMSpace
- Space Micro
- CubeSpace
- Antrix Corporation
- Hyperion Technologies
- Sputnix
- German Orbital Systems
- NewSpace Systems
- Needronix
- Cosats
- Leonardo
- LENS R&D
- Crystal Space
- Solar MEMS Technologies
- Chang Guang Satellite
- Tensor Tech
- Optical Energy Technologies
- Jena-Optronik GmbH
- CAS-SAST Shanghai Academy of Spaceflight Tech
- SpaceTech GmbH
Highlights of The Industrial Sun Sensors for Space Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coarse Analog Sun Sensors
- Fine Analog Sun Sensors
- Digital Sun Sensors
- By Application:
- LEO
- GEO
- MEO
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Industrial Sun Sensors for Space Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Industrial Sun Sensors for Space are devices that measure the amount of sunlight that is reaching a specific area on Earth or in space. This information can be used to determine the amount of energy needed to produce a desired output, such as electricity, heat, or crops.
Some of the major companies in the industrial sun sensors for space market are NewSpace Systems, Bradford Space, Adcole Space, GOMSpace, Space Micro, CubeSpace, Antrix Corporation, Hyperion Technologies, Sputnix, German Orbital Systems, NewSpace Systems, Needronix, Cosats, Leonardo, LENS R&D, Crystal Space, Solar MEMS Technologies, Chang Guang Satellite, Tensor Tech, Optical Energy Technologies, Jena-Optronik GmbH, CAS-SAST Shanghai Academy of Spaceflight Tech, SpaceTech GmbH.
The industrial sun sensors for space market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Sun Sensors for Space Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Industrial Sun Sensors for Space Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Industrial Sun Sensors for Space Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Industrial Sun Sensors for Space Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Industrial Sun Sensors for Space Market Size & Forecast, 2018-2028 4.5.1 Industrial Sun Sensors for Space Market Size and Y-o-Y Growth 4.5.2 Industrial Sun Sensors for Space Market Absolute $ Opportunity
Chapter 5 Global Industrial Sun Sensors for Space Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Industrial Sun Sensors for Space Market Size Forecast by Type
5.2.1 Coarse Analog Sun Sensors
5.2.2 Fine Analog Sun Sensors
5.2.3 Digital Sun Sensors
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Sun Sensors for Space Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Industrial Sun Sensors for Space Market Size Forecast by Applications
6.2.1 LEO
6.2.2 GEO
6.2.3 MEO
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Sun Sensors for Space Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Sun Sensors for Space Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Industrial Sun Sensors for Space Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Sun Sensors for Space Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Industrial Sun Sensors for Space Market Size Forecast by Type
9.6.1 Coarse Analog Sun Sensors
9.6.2 Fine Analog Sun Sensors
9.6.3 Digital Sun Sensors
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Industrial Sun Sensors for Space Market Size Forecast by Applications
9.10.1 LEO
9.10.2 GEO
9.10.3 MEO
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Industrial Sun Sensors for Space Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Sun Sensors for Space Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Industrial Sun Sensors for Space Market Size Forecast by Type
10.6.1 Coarse Analog Sun Sensors
10.6.2 Fine Analog Sun Sensors
10.6.3 Digital Sun Sensors
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Industrial Sun Sensors for Space Market Size Forecast by Applications
10.10.1 LEO
10.10.2 GEO
10.10.3 MEO
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Industrial Sun Sensors for Space Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Sun Sensors for Space Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Industrial Sun Sensors for Space Market Size Forecast by Type
11.6.1 Coarse Analog Sun Sensors
11.6.2 Fine Analog Sun Sensors
11.6.3 Digital Sun Sensors
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Industrial Sun Sensors for Space Market Size Forecast by Applications
11.10.1 LEO
11.10.2 GEO
11.10.3 MEO
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Industrial Sun Sensors for Space Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Sun Sensors for Space Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Industrial Sun Sensors for Space Market Size Forecast by Type
12.6.1 Coarse Analog Sun Sensors
12.6.2 Fine Analog Sun Sensors
12.6.3 Digital Sun Sensors
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Industrial Sun Sensors for Space Market Size Forecast by Applications
12.10.1 LEO
12.10.2 GEO
12.10.3 MEO
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Industrial Sun Sensors for Space Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Sun Sensors for Space Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Industrial Sun Sensors for Space Market Size Forecast by Type
13.6.1 Coarse Analog Sun Sensors
13.6.2 Fine Analog Sun Sensors
13.6.3 Digital Sun Sensors
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Industrial Sun Sensors for Space Market Size Forecast by Applications
13.10.1 LEO
13.10.2 GEO
13.10.3 MEO
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Sun Sensors for Space Market: Competitive Dashboard
14.2 Global Industrial Sun Sensors for Space Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NewSpace Systems
14.3.2 Bradford Space
14.3.3 Adcole Space
14.3.4 GOMSpace
14.3.5 Space Micro
14.3.6 CubeSpace
14.3.7 Antrix Corporation
14.3.8 Hyperion Technologies
14.3.9 Sputnix
14.3.10 German Orbital Systems
14.3.11 NewSpace Systems
14.3.12 Needronix
14.3.13 Cosats
14.3.14 Leonardo
14.3.15 LENS R&D
14.3.16 Crystal Space
14.3.17 Solar MEMS Technologies
14.3.18 Chang Guang Satellite
14.3.19 Tensor Tech
14.3.20 Optical Energy Technologies
14.3.21 Jena-Optronik GmbH
14.3.22 CAS-SAST Shanghai Academy of Spaceflight Tech
14.3.23 SpaceTech GmbH