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Global LEO Satellite Market Growth (Status and Outlook) 2024-2030
Product Code:865352
Published Date: Jun 20,2024
Pages: 95
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)