LEO Satellite Market by Satellite Type (Cube Satellite, Large Satellite, Medium Satellite), Sub-System (Payloads, Satellite Antenna, Satellite Bus), Frequency, Application, End Use - Global Forecast 2024-2030

LEO Satellite Market by Satellite Type (Cube Satellite, Large Satellite, Medium Satellite), Sub-System (Payloads, Satellite Antenna, Satellite Bus), Frequency, Application, End Use - Global Forecast 2024-2030


The LEO Satellite Market size was estimated at USD 11.04 billion in 2023 and expected to reach USD 11.93 billion in 2024, at a CAGR 7.43% to reach USD 18.24 billion by 2030.

Global LEO Satellite Market

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the LEO Satellite Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the LEO Satellite Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the LEO Satellite Market, highlighting leading vendors and their innovative profiles. These include AAC Clyde Space AB, Airbus S.A.S., Honeywell International Inc., L3Harris Technologies, Inc., Lockheed Martin Corporation, Millennium Space Systems, Inc. by The Boeing Company, Mitsubishi Electric Corporation, Northrop Grumman Corporation, OHB SE, Planet Labs PBC, Pumpkin Inc., Raytheon Technologies Corporation, Sierra Nevada Corporation, Spire Global, Inc., Surrey Satellite Technology Limited, and Thales Group.

Market Segmentation & Coverage

This research report categorizes the LEO Satellite Market to forecast the revenues and analyze trends in each of the following sub-markets:

Satellite Type
Cube Satellite

Large Satellite

Medium Satellite

Small Satellite

Sub-System
Payloads

Satellite Antenna

Satellite Bus

Solar Panels

Frequency
C-Band

HF/VHF/UHF-Band

Ka-Band

Ku-Band

L- Band

Laser/Optical

Q/V- Band

S-Band

X-Band

Application
Communication

Earth Observation & Remote Sensing

End Use
Commercial

Government & Military

Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas

Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam

Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the LEO Satellite Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the LEO Satellite Market?
3. What are the technology trends and regulatory frameworks in the LEO Satellite Market?
4. What is the market share of the leading vendors in the LEO Satellite Market?
5. Which modes and strategic moves are suitable for entering the LEO Satellite Market?

Note: PDF & Excel + Online Access - 1 Year


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. LEO Satellite Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increasing demand for earth observation imagery and analytics across industries
5.1.1.2. Rising applications of space optical communications using laser beams
5.1.1.3. Different use of LEO-based services and CubeSats
5.1.2. Restraints
5.1.2.1. Limited coverage and complexity of LEO satellites in comparison to GEO satellites
5.1.3. Opportunities
5.1.3.1. Emergence of advancements in electric propulsion systems for LEO satellites
5.1.3.2. Development of software-defined technology for flexibility in alter space missions
5.1.4. Challenges
5.1.4.1. High concerns over space debris and stringent government policies
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. LEO Satellite Market, by Satellite Type
6.1. Introduction
6.2. Cube Satellite
6.3. Large Satellite
6.4. Medium Satellite
6.5. Small Satellite
7. LEO Satellite Market, by Sub-System
7.1. Introduction
7.2. Payloads
7.3. Satellite Antenna
7.4. Satellite Bus
7.5. Solar Panels
8. LEO Satellite Market, by Frequency
8.1. Introduction
8.2. C-Band
8.3. HF/VHF/UHF-Band
8.4. Ka-Band
8.5. Ku-Band
8.6. L- Band
8.7. Laser/Optical
8.8. Q/V- Band
8.9. S-Band
8.
10. X-Band
9. LEO Satellite Market, by Application
9.1. Introduction
9.2. Communication
9.3. Earth Observation & Remote Sensing
10. LEO Satellite Market, by End Use
10.1. Introduction
10.2. Commercial
10.3. Government & Military
11. Americas LEO Satellite Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States
12. Asia-Pacific LEO Satellite Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.
10. South Korea
12.
11. Taiwan
12.
12. Thailand
12.
13. Vietnam
13. Europe, Middle East & Africa LEO Satellite Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.
10. Nigeria
13.
11. Norway
13.
12. Poland
13.
13. Qatar
13.
14. Russia
13.
15. Saudi Arabia
13.
16. South Africa
13.
17. Spain
13.
18. Sweden
13.
19. Switzerland
13.
20. Turkey
13.
21. United Arab Emirates
13.
22. United Kingdom
14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
15. Competitive Portfolio
15.1. Key Company Profiles
15.1.1. AAC Clyde Space AB
15.1.2. Airbus S.A.S.
15.1.3. Honeywell International Inc.
15.1.4. L3Harris Technologies, Inc.
15.1.5. Lockheed Martin Corporation
15.1.6. Millennium Space Systems, Inc. by The Boeing Company
15.1.7. Mitsubishi Electric Corporation
15.1.8. Northrop Grumman Corporation
15.1.9. OHB SE
15.1.
10. Planet Labs PBC
15.1.
11. Pumpkin Inc.
15.1.
12. Raytheon Technologies Corporation
15.1.
13. Sierra Nevada Corporation
15.1.
14. Spire Global, Inc.
15.1.
15. Surrey Satellite Technology Limited
15.1.
16. Thales Group
15.2. Key Product Portfolio
16. Appendix
16.1. Discussion Guide
16.2. License & Pricing
FIGURE 1. LEO SATELLITE MARKET RESEARCH PROCESS
FIGURE 2. LEO SATELLITE MARKET SIZE, 2023 VS 2030
FIGURE 3. LEO SATELLITE MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. LEO SATELLITE MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. LEO SATELLITE MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. LEO SATELLITE MARKET DYNAMICS
FIGURE 7. LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2023 VS 2030 (%)
FIGURE 8. LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. LEO SATELLITE MARKET SIZE, BY SUB-SYSTEM, 2023 VS 2030 (%)
FIGURE 10. LEO SATELLITE MARKET SIZE, BY SUB-SYSTEM, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. LEO SATELLITE MARKET SIZE, BY FREQUENCY, 2023 VS 2030 (%)
FIGURE 12. LEO SATELLITE MARKET SIZE, BY FREQUENCY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. LEO SATELLITE MARKET SIZE, BY APPLICATION, 2023 VS 2030 (%)
FIGURE 14. LEO SATELLITE MARKET SIZE, BY APPLICATION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. LEO SATELLITE MARKET SIZE, BY END USE, 2023 VS 2030 (%)
FIGURE 16. LEO SATELLITE MARKET SIZE, BY END USE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. AMERICAS LEO SATELLITE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. AMERICAS LEO SATELLITE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. UNITED STATES LEO SATELLITE MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 20. UNITED STATES LEO SATELLITE MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ASIA-PACIFIC LEO SATELLITE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 22. ASIA-PACIFIC LEO SATELLITE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 23. EUROPE, MIDDLE EAST & AFRICA LEO SATELLITE MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 24. EUROPE, MIDDLE EAST & AFRICA LEO SATELLITE MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 25. LEO SATELLITE MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 26. LEO SATELLITE MARKET SHARE, BY KEY PLAYER, 2023

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