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The leo satellite market is forecasted to grow by USD 9.76 billion during 2023-2028, accelerating at a CAGR of 18.18% during the forecast period. The report on the leo satellite market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising demand for earth observation related applications, low-cost solution deployment through micro and nanosatellites, and rapid development and deployment of leo satellites.
The leo satellite market is segmented as below:
By End-user
- Commercial use
- Government and military use
- Others
By Type
- Small satellite
- Medium satellite
- Large satellite
- Cube satellite
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the leo satellite market covers the following areas:
- Leo satellite market sizing
- Leo satellite market forecast
- Leo satellite market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global leo satellite market: Airbus SE, BAE Systems Plc, Blue Origin Enterprises LP, GomSpace Group AB, Honeywell International Inc., Inmarsat Global Ltd., Israel Aerospace Industries Ltd., Kepler Communications Inc., L3Harris Technologies Inc., Lockheed Martin Corp., Maxar Technologies Inc., Northrop Grumman Corp., OHB SE, OneWeb Holdings Ltd., RTX Corp., Sierra Nevada Corp., Space Exploration Technologies Corp., Telesat Corp., Thales Group, and The Boeing Co..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing satellite-based telemetry applications."
According to the report, one of the major drivers for this market is the rising demand for earth observation related applications.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Airbus SE
- BAE Systems Plc
- Blue Origin Enterprises LP
- GomSpace Group AB
- Honeywell International Inc.
- Inmarsat Global Ltd.
- Israel Aerospace Industries Ltd.
- Kepler Communications Inc.
- L3Harris Technologies Inc.
- Lockheed Martin Corp.
- Maxar Technologies Inc.
- Northrop Grumman Corp.
- OHB SE
- OneWeb Holdings Ltd.
- RTX Corp.
- Sierra Nevada Corp.
- Space Exploration Technologies Corp.
- Telesat Corp.
- Thales Group
- The Boeing Co.
