Global LEO Satellite Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

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.

According to our Researcher latest study, the global LEO Satellite market size was valued at USD 4806.5 million in 2022 and is forecast to a readjusted size of USD 17970 million by 2029 with a CAGR of 20.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The major players in global LEO satellite market include SpaceX, Planet Labs, Boeing, etc. The top 2 market players account for approximately 75% of the total global market. North America is the largest consumer market for LEO Satellite accounting for about 75%, followed by Europe and China. In terms of Type, 50-500 Kg is the largest segment, with a share about 85%. Commercial is the main application, which holds a share about 85%.

This report is a detailed and comprehensive analysis for global LEO Satellite market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

Global LEO Satellite market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (M USD/Unit), 2018-2029

Global LEO Satellite market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (M USD/Unit), 2018-2029

Global LEO Satellite market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (M USD/Unit), 2018-2029

Global LEO Satellite market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (M USD/Unit), 2018-2023

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for LEO Satellite

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global LEO Satellite market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include SpaceX, Planet Labs, Boeing, Lockheed Martin and Thales Alenia Space, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

LEO Satellite market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Below 50 Kg

50-500 Kg

Above 500 Kg

Market segment by Application

Commercial

Military

Others

Major players

covered

SpaceX

Planet Labs

Boeing

Lockheed Martin

Thales Alenia Space

OneWeb Satellites

SSL (Space Systems Loral)

Northrop Grumman

ISS-Reshetnev

Kepler Communications

Market segment by region, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe LEO Satellite product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of LEO Satellite, with price, sales, revenue and global market share of LEO Satellite from 2018 to 2023.

Chapter 3, the LEO Satellite competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the LEO Satellite breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and LEO Satellite market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of LEO Satellite.

Chapter 14 and 15, to describe LEO Satellite sales channel, distributors, customers, research findings and conclusion.

Frequently Asked Questions