Global LEO Satellite Market Growth (Status and Outlook) 2024-2030

Global LEO Satellite Market Growth (Status and Outlook) 2024-2030

Product Code:865352

Published Date: Apr 02,2024

Pages: 85

Region: Global

Category: Internet & Communication

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Low Earth Orbit (LEO) is an orbit around Earth with an altitude between the Earth's surface and 2,000 kilometers (1,200 mi), with an orbital period of between about 84 and 127 minutes. Objects below approximately 160 kilometers (99 mi) will experience very rapid orbital decay and altitude loss. This report focuses on LEO Satellite market.

The global LEO Satellite market size is projected to grow from US$ 5429 million in 2024 to US$ 17410 million in 2030; it is expected to grow at a CAGR of 21.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “LEO Satellite Industry Forecast” looks at past sales and reviews total world LEO Satellite sales in 2022, providing a comprehensive analysis by region and market sector of projected LEO Satellite sales for 2023 through 2029. With LEO Satellite sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LEO Satellite industry.

This Insight Report provides a comprehensive analysis of the global LEO Satellite landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on LEO Satellite portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LEO Satellite market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LEO Satellite and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LEO Satellite.

Global key players of LEO Satellite include SpaceX, Thales Alenia Space, Eutelsat Group, etc. The top three players hold a share about 86%. North America is the largest market, with a share about 77%, followed by Europe and Asia Pacific, with share 14% and 9%, separately. In terms of product type, 50-500 Kg is the largest segment, with a share of 63%.

This report presents a comprehensive overview, market shares, and growth opportunities of LEO Satellite market by product type, application, key players and key regions and countries.

Segmentation by Type:
    Below 50 Kg
    50-500 Kg
    Above 500 Kg

Segmentation by Application:
    Commercial
    Military
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

Segmentation by Type:
    Below 50 Kg
    50-500 Kg
    Above 500 Kg

Segmentation by Application:
    Commercial
    Military
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    SpaceX
    Thales Alenia Space
    Eutelsat Group
    Lockheed Martin
    Boeing
    Planet Labs
    Kepler Communications
    Northrop Grumman
    ISS-Reshetnev
    SSL (Space Systems Loral)