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Global LEO Satellite Market Size study, By Type (Large Satellite, Medium Satellite, Small Satellite, Cubesat,) By Sub System(Satellite Bus, Payloads, Solar Panels, Satellite Antenna, Others), By Application ( Communication, Earth Observation & Remote Sensing, Scientific, Technology, Others ), By End-Use (Commercial, Government & Military, Dual-Use), By Frequency (L-Band, S-Band, C-Band, X-Band, KA-Band, Q/V-BAND, HF/VHF/UHF-BAND, LASER/OPTICAL-BAND) and Regional Forecasts 2022-2028

  • BIZ4957034
  • 200 Pages
  • May 2022
  • Semiconductor and Electronics
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Global LEO Satellite Market is valued approximately USD 10.66 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 16.2% over the forecast period 2022-2028. A low earth orbit (LEO) satellite is a spacecraft that orbits the planet at a lower altitude than geosynchronous satellites, typically carrying electrical equipment. Satellites in low-earth orbit (LEO) travel between 2,000 and 200 kilometers above the surface of the planet. The market is majorly driven by factors such as rise in demand for LEO-based services, increasing demand for the earth observation imagery and analytics as well as rising advancement in the technology. For intense, Swarm Technologies launched 28, 0.25U CubeSat SpaceBEE in 2021. Similarly, SpaceX launched 49 Starlink spacecraft from NASA's Kennedy Space Center (KSC) in Florida in February 2022. These satellites added to the current LEO satellite network of over 1700 satellites in order to deliver speedier satellite internet. Also, potential in applications of space optical communications using laser beams along with the rising advancements in electric propulsion systems for LEO satellites is likely to increase the market growth during the forecast period. However, concerns over space debris and implications in supply chain of LEO satellite Market may hamper the growth of the market over the forecast period of 2021-2027.

The key regions considered for the global LEO Satellite Market study includes Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to increasing government support to advanced LEO satellite technologies and increasing satellite equipment expenditure to improve defence and surveillance capabilities. Whereas, North America is also anticipated to exhibit highest growth rate over the forecast period 2021-2027. The LEO satellite Market in North America is likely to be driven by the modernization of current communication in military platforms, essential infrastructure, and law enforcement agencies employing satellite systems.

Major market player included in this report are:

Lockheed Martin Corporation

Airbus Defense & Space

L3harris Technologies Inc.

Northrop Grumman Corporation

Space Exploration Technologies Corp. (Spacex)

Sierra Nevada Corporation

Surrey Satellite Technology Ltd (Sstl)

Thales Group

Gomspace

Planet Labs Inc

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:

Large Satellite

Medium Satellite

Small Satellite

Cubesat

By Sub System:

Satellite Bus

Payloads

Solar Panels

Satellite Antenna

Others

By Application

Communication

Earth Observation & Remote Sensing

Scientific

Technology

Others

By End-User

Commercial

Government & Military

Dual-Use

By Frequency

L-Band,

S-Band

C-Band

X-Band

KA-BAND

Q/V-BAND

HF/VHF/UHF-BAND

LASER/OPTICAL-BAND

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global LEO Satellite Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2022-2028 (USD Billion)

1.2.1. LEO Satellite Market, by Region, 2022-2028 (USD Billion)

1.2.2. LEO Satellite Market, by Type, 2022-2028 (USD Billion)

1.2.3. LEO Satellite Market, by Sub system, 2022-2028 (USD Billion)

1.2.4. LEO Satellite Market, by Application, 2022-2028 (USD Billion)

1.2.5. LEO Satellite Market, by End-use, 2022-2028 (USD Billion)

1.2.6. LEO Satellite Market, by Frequency, 2022-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global LEO Satellite Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global LEO Satellite Market Dynamics

3.1. LEO Satellite Market Impact Analysis (2022-2028)

3.1.1. Market Drivers

3.1.1.1. Rise in demand for LEO-based services

3.1.1.2. Increasing demand for the earth observation imagery and analytics

3.1.1.3. Rising advancement in the technology

3.1.2. Market Challenges

3.1.2.1. Concerns over space debris

3.1.2.2. Implications in supply chain of LEO satellite

3.1.3. Market Opportunities

3.1.3.1. Potential in applications of space optical communications using laser beams

3.1.3.2. Rising advancements in electric propulsion systems for LEO satellites

Chapter 4. Global LEO Satellite Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 market scenario

Chapter 6. Global LEO Satellite Market, by Type

6.1. Market Snapshot

6.2. Global LEO Satellite Market by Type, Performance - Potential Analysis

6.3. Global LEO Satellite Market Estimates & Forecasts by Type 2018-2028 (USD Billion)

6.4. LEO Satellite Market, Sub Segment Analysis

6.4.1. Large Satellite

6.4.2. Medium Satellite

6.4.3. Small Satellite

6.4.4. Cubesat

Chapter 7. Global LEO Satellite Market, by Sub System

7.1. Market Snapshot

7.2. Global LEO Satellite Market by Sub system, Performance - Potential Analysis

7.3. Global LEO Satellite Market Estimates & Forecasts by sub system 2018-2028 (USD Billion)

7.4. LEO Satellite Market, Sub Segment Analysis

7.4.1. Satellite Bus

7.4.2. Payloads

7.4.3. Solar Panels

7.4.4. Satellite Antenna

7.4.5. Others

Chapter 8. Global LEO Satellite Market, by application

8.1. Market Snapshot

8.2. Global LEO Satellite Market by Application, Performance - Potential Analysis

8.3. Global LEO Satellite Market Estimates & Forecasts by application 2018-2028 (USD Billion)

8.4. LEO Satellite Market, Sub Segment Analysis

8.4.1. Communication

8.4.2. Earth Observation & Remote Sensing

8.4.3. Scientific

8.4.4. Technology

8.4.5. Others

Chapter 9. Global LEO Satellite Market, by End User

9.1. Market Snapshot

9.2. Global LEO Satellite Market by End-user, Performance - Potential Analysis

9.3. Global LEO Satellite Market Estimates & Forecasts by end-user 2018-2028 (USD Billion)

9.4. LEO Satellite Market, Sub Segment Analysis

9.4.1. Commercial

9.4.2. Government & Military

9.4.3. Dual-Use

Chapter 10. Global LEO Satellite Market, by frequency

10.1. Market Snapshot

10.2. Global LEO Satellite Market by frequency, Performance - Potential Analysis

10.3. Global LEO Satellite Market Estimates & Forecasts by frequency 2018-2028 (USD Billion)

10.4. LEO Satellite Market, Sub Segment Analysis

10.4.1. L-band,

10.4.2. S-band

10.4.3. C-band

10.4.4. X-band

10.4.5. KA-band

10.4.6. Q/V-BAND

10.4.7. HF/VHF/UHF-BAND

10.4.8. LASER/OPTICAL-BAND

Chapter 11. Global LEO Satellite Market, Regional Analysis

11.1. LEO Satellite Market, Regional Market Snapshot

11.2. North America LEO Satellite Market

11.2.1. U.S. LEO Satellite Market

11.2.1.1. Type breakdown estimates & forecasts, 2018-2028

11.2.1.2. Sub system breakdown estimates & forecasts, 2018-2028

11.2.1.3. Application breakdown estimates & forecasts, 2018-2028

11.2.1.4. End User breakdown estimates & forecasts, 2018-2028

11.2.1.5. Frequency breakdown estimates & forecasts, 2018-2028

11.2.2. Canada LEO Satellite Market

11.3. Europe LEO Satellite Market Snapshot

11.3.1. U.K. LEO Satellite Market

11.3.2. Germany LEO Satellite Market

11.3.3. France LEO Satellite Market

11.3.4. Spain LEO Satellite Market

11.3.5. Italy LEO Satellite Market

11.3.6. Rest of Europe LEO Satellite Market

11.4. Asia-Pacific LEO Satellite Market Snapshot

11.4.1. China LEO Satellite Market

11.4.2. India LEO Satellite Market

11.4.3. Japan LEO Satellite Market

11.4.4. Australia LEO Satellite Market

11.4.5. South Korea LEO Satellite Market

11.4.6. Rest of Asia Pacific LEO Satellite Market

11.5. Latin America LEO Satellite Market Snapshot

11.5.1. Brazil LEO Satellite Market

11.5.2. Mexico LEO Satellite Market

11.6. Rest of The World LEO Satellite Market

Chapter 12. Competitive Intelligence

12.1. Top Market Strategies

12.2. Company Profiles

12.2.1. Lockheed martin corporation

12.2.1.1. Key Information

12.2.1.2. Overview

12.2.1.3. Financial (Subject to Data Availability)

12.2.1.4. Product Summary

12.2.1.5. Recent Developments

12.2.2. airbus defense & space

12.2.3. l3harris technologies inc.

12.2.4. Northrop grumman corporation

12.2.5. Space exploration technologies corp. (spacex)

12.2.6. Sierra nevada corporation

12.2.7. Surrey satellite technology ltd (sstl)

12.2.8. Thales group

12.2.9. Gomspace

12.2.10. Planet labs inc

Chapter 13. Research Process

13.1. Research Process

13.1.1. Data Mining

13.1.2. Analysis

13.1.3. Market Estimation

13.1.4. Validation

13.1.5. Publishing

13.2. Research Attributes

13.3. Research Assumption

List of Tables

TABLE 1. Global LEO Satellite market, report scope

TABLE 2. Global LEO Satellite market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global LEO Satellite market estimates & forecasts by type 2018-2028 (USD Billion)

TABLE 4. Global LEO Satellite market estimates & forecasts by Sub system 2018-2028 (USD Billion)

TABLE 5. Global LEO Satellite market estimates & forecasts by Application 2018-2028 (USD Billion)

TABLE 6. Global LEO Satellite market estimates & forecasts by End-use 2018-2028 (USD Billion)

TABLE 7. Global LEO Satellite market estimates & forecasts by Frequency 2018-2028 (USD Billion)

TABLE 8. Global LEO Satellite market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global LEO Satellite market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global LEO Satellite market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global LEO Satellite market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global LEO Satellite market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global LEO Satellite market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global LEO Satellite market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. Global LEO Satellite market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. Global LEO Satellite market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 17. Global LEO Satellite market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 18. U.S. LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 19. U.S. LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 20. U.S. LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 21. Canada LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 22. Canada LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 23. Canada LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 24. UK LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 25. UK LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 26. UK LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 27. Germany LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 28. Germany LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 29. Germany LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 30. RoE LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 31. RoE LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 32. RoE LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 33. China LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 34. China LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 35. China LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 36. India LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 37. India LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 38. India LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 39. Japan LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 40. Japan LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 41. Japan LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 42. RoAPAC LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 43. RoAPAC LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 44. RoAPAC LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 45. Brazil LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 46. Brazil LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 47. Brazil LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 48. Mexico LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 49. Mexico LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 50. Mexico LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 51. RoLA LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 52. RoLA LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 53. RoLA LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 54. Row LEO Satellite market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 55. Row LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 56. Row LEO Satellite market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 57. List of secondary sources, used in the study of global LEO Satellite market

TABLE 58. List of primary sources, used in the study of global LEO Satellite market

TABLE 59. Years considered for the study

TABLE 60. Exchange rates considered

 
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