Global Satellite Constellations Market Growth (Status and Outlook) 2024-2030
A satellite constellation is a group of artificial satellites working together as a system. Unlike a single satellite, a constellation can provide permanent global or near-global coverage, such that at any time everywhere on Earth at least one satellite is visible. Satellites are typically placed in sets of complementary orbital planes and connect to globally distributed ground stations. They may also use inter-satellite communication.
The global Satellite Constellations market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LPI (LP Information)' newest research report, the “Satellite Constellations Industry Forecast” looks at past sales and reviews total world Satellite Constellations sales in 2022, providing a comprehensive analysis by region and market sector of projected Satellite Constellations sales for 2023 through 2029. With Satellite Constellations sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Satellite Constellations industry.
This Insight Report provides a comprehensive analysis of the global Satellite Constellations 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 Satellite Constellations portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Satellite Constellations market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Satellite Constellations 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 Satellite Constellations.
United States market for Satellite Constellations is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Satellite Constellations is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Satellite Constellations is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Satellite Constellations players cover SpaceX, OneWeb, Planet Labs, Iridium Satellite Communications, Boeing, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Satellite Constellations market by product type, application, key players and key regions and countries.
Segmentation by Type:
LEO
MEO
GEO
Segmentation by Application:
Broadband
IoT
Remote Sensing
Other
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:
LEO
MEO
GEO
Segmentation by Application:
Broadband
IoT
Remote Sensing
Other
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
OneWeb
Planet Labs
Iridium Satellite Communications
Boeing
Amazon
Facebook
Telesat
AAC Clyde
Astrome
KLEO Connect
Galaxy Space
Shanghai Ok Space
Guodian Gaoke
China Aerospace Science and Technology Corporation
Please note: The report will take approximately 2 business days to prepare and deliver.