LEO Satellite Market Size, Share & Trends, 2025 To 2030
LEO Satellite Market by Subsystem [Satellite Bus (Command & Data Handling, Electric Power System), Payload (Optical, Infrared, Radar), Solar Panel, Satellite Antenna], Satellite Mass, Application, End Use, Frequency, and Region - Global Forecast to 2030
USD20.69 BN
MARKET SIZE, 2030
CAGR 11.9%
(2025-2030)
350
REPORT PAGES
300
MARKET TABLES
OVERVIEW
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
The LEO satellite market is projected to reach USD 20.69 billion by 2030, growing from USD 11.81 billion in 2025, at a CAGR of 11.9%. The LEO satellite volume is anticipated to grow from 3,722 units in 2025 to 5,175 units by 2030. The market is expanding rapidly, driven by demand for internet services, Earth observation, CubeSat miniaturization, and cost-efficient launches, positioning LEO networks as essential infrastructure for commercial connectivity and government applications worldwide.
KEY TAKEAWAYS
- North America is expected to account for a 36.3% share of the LEO satellite market in 2025.
- By mass, CubeSats are expected to exhibit the fastest growth, with a CAGR of 12.6%.
- By subsystem, the payloads segment is projected to be the fastest-growing segment, with a CAGR of 13.2%.
- By application, the communication segment is expected to account for the largest share of the LEO satellite market during the forecast period.
- SpaceX, Lockheed Martin Corporation, and Airbus Defence and Space were identified as star players in the LEO satellite market, given their strong market share and extensive product footprint.
- Kuiper Systems LLC, EnduroSat, and NanoAvionics, among others, have distinguished themselves among startups and SMEs by securing strong footholds in specialized niche areas, underscoring their potential as emerging market leaders.
The future outlook of the LEO satellite industry is robust, fueled by broadband demand, Earth observation, and IoT expansion. Advancements in miniaturization, frequency technologies, and cost-efficient launches will enhance scalability, resilience, and mission diversity, driving commercial and governmental adoption through 2030.
TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS
The LEO satellite market is driven by mega-constellation deployments, cost-efficient SmallSat launches, and advanced payload technologies. Additionally, the rising demand for broadband, Earth observation, and IoT services, along with reusable launch systems and AI-enabled analytics, is reshaping operator strategies while unlocking new commercial and defense opportunities.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
MARKET DYNAMICS
Drivers
Impact
Level
Level
-
Elevated demand for satellite internet services
-
Need for Earth observation imagery and analytics
RESTRAINTS
Impact
Level
Level
-
Limited coverage and complexity of LEO satellites
-
Stringent government policies
OPPORTUNITIES
Impact
Level
Level
-
Booming 3D printing technology
-
Higher adoption of software-defined technology
CHALLENGES
Impact
Level
Level
-
Concerns over growing space debris
-
Complex supply chain management
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
Driver: Rising demand for satellite internet services
Global demand for affordable, high-speed broadband, especially in underserved regions, is accelerating LEO satellite adoption. Government initiatives, digital inclusion efforts, and growth in video streaming, e-learning, and remote work amplify demand. Companies like Starlink, OneWeb, and Amazon’s Kuiper are deploying mega-constellations, while technologies such as phased-array antennas and laser links enhance efficiency.
Restraint: Limited coverage and complexity of LEO satellites
LEO satellites offer low latency but require vast constellations for global coverage, driving costs higher than GEO systems. Short lifespans (5–7 years), atmospheric drag, and fuel demands add challenges. Complex ground infrastructure, network handoffs, and synchronization issues further limit scalability, making sustainability and long-term adoption difficult compared to more stable GEO systems.
Opportunity: Booming 3D printing technology
3D printing enables rapid prototyping, cost-effective small batch production, and mass customization of LEO satellite parts. It reduces weight, waste, and lead times while supporting CubeSat miniaturization. Advancements in aerospace-grade materials make it viable for structural, propulsion, and RF components, enhancing flexibility and resilience in satellite manufacturing, aligning with growing demand for affordable, agile missions.
Challenge: Concerns over increasing space debris
The surge in LEO satellites raises collision risks due to crowded orbits already filled with rocket remnants and debris. Traveling at extreme speeds, even small fragments threaten spacecraft. With ~14,000 trackable debris objects, replenishment cycles worsen congestion. Regulators and operators face pressure to implement space traffic management, disposal mechanisms, and debris removal to ensure sustainability.
LEO satellite market: COMMERCIAL USE CASES ACROSS INDUSTRIES
| COMPANY | USE CASE DESCRIPTION | BENEFITS |
|---|---|---|
 |
IoT satellites with SDR payloads | Enables real-time IoT connectivity and sensor data relay in remote areas |
 |
RF monitoring constellation | Provides global RF spectrum mapping and accurate signal detection |
 |
Ionosphere measurement nanosatellites | Delivers precision data on magnetic and electric fields |
 |
Earth observation satellites | Offers daily imagery for agriculture, climate, and defense |
 |
Nanosatellites for weather and tracking | Tracks weather, ships (AIS), and aircraft (ADS-B) |
 |
SAR Earth observation satellites | Provides all-weather, high-resolution radar imagery |
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET ECOSYSTEM
The LEO satellite market ecosystem includes primes like SpaceX, Airbus, and Lockheed Martin, with manufacturers such as GomSpace and AAC Clyde. Service providers like OneWeb and Eutelsat deliver connectivity, while governments, defense, and enterprises drive demand for global data services.
Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.
MARKET SEGMENTS
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
LEO Satellite Market, By Satellite Mass
Large satellites dominate as they provide higher payload capacity, extended mission lifespans, and advanced subsystem integration. Their ability to support communications, defense, and scientific missions makes them the preferred choice for both government and commercial operators.
LEO Satellite Market, By Subsystem
Satellite buses dominate as they provide the essential platform supporting payloads, power, thermal, and communication systems. Their scalability and reliability make them central to commercial constellations, defense missions, and scientific programs requiring efficient and long-term satellite operations.
LEO Satellite Market, By Application
Earth observation and remote sensing dominate as they enable high-resolution imaging, weather tracking, and geospatial analytics. Their critical role in agriculture, disaster management, and defense intelligence drives growing adoption across government, commercial, and environmental monitoring applications.
LEO Satellite Market, By End-Use
Commercial use dominates as businesses adopt satellites for broadband, navigation, and imaging services. Their ability to support telecom, aviation, maritime, and energy sectors makes them key enablers of digital transformation and global connectivity expansion.
LEO Satellite Market, By Frequency Band
Ku-band dominates as it provides reliable bandwidth for mobility and broadcast applications. Its ability to support aviation connectivity, maritime communications, and enterprise networks makes it a cornerstone frequency for expanding global satellite broadband services.
REGION
Middle East & Africa to be fastest-growing region in global LEO satellite market during forecast period
The Middle East & Africa LEO satellite market is set for fastest growth, driven by UAE’s Mars mission, military satellite investments, miniaturized payloads, broadband demand, and smart city initiatives enhancing regional connectivity and resilience.
LEO satellite market: COMPANY EVALUATION MATRIX
The company evaluation matrix for the LEO satellite market evaluates players based on product footprint and market share. It highlights their competitive positioning and ranks them according to market strength and growth strategies. SpaceX is positioned as a leading player with a strong focus on advanced satellite technologies, while OneWeb is recognized as an emerging leader in this market.
Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis
KEY MARKET PLAYERS
List of Top LEO Satellite Market Companies
MARKET SCOPE
| REPORT METRIC | DETAILS |
|---|---|
| Market Size in 2024 (Value) | USD 10.22 Billion |
| Market Forecast in 2030 (value) | USD 20.69 Billion |
| Growth Rate | CAGR of 11.9% from 2025 to 2030 |
| Years Considered | 2021–2030 |
| Base Year | 2024 |
| Forecast Period | 2025–2030 |
| Units Considered | Value (USD Billion), Volume (Units) |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
| Segments Covered |
|
| Regions Covered | North America, Europe, Asia Pacific, Middle East & Africa, and Latin America |
WHAT IS IN IT FOR YOU: LEO satellite market REPORT CONTENT GUIDE
DELIVERED CUSTOMIZATIONS
We have successfully delivered the following deep-dive customizations:
| CLIENT REQUEST | CUSTOMIZATION DELIVERED | VALUE ADDS |
|---|---|---|
| LEO Satellite Market Customization (Asia Pacific – Historic & Forecast Market Numbers + Supply Chain Analysis) | Delivered a tailored LEO satellite market study for Asia Pacific, integrating historic and forecast sizing along with detailed supply chain mapping of satellite manufacturers, subsystem providers, and component suppliers. |
|
RECENT DEVELOPMENTS
- October 2024 : Thales Alenia Space received an ESA order for six satellites for Italy’s IRIDE Earth observation constellation.
- June 2024 : Airbus Defence and Space was contracted by Al Yah Satellite Communication Company PJSC for AY4 and AY5 telecom satellites.
- May 2024 : ESA awarded Airbus Defence and Space UK a contract for USD 368.5 million to develop the Vigil weather satellite.
- March 2024 : Thales Alenia Space won an ESA contract to deliver the LEO-PNT orbit demonstrator, covering satellites, ground segments, and in-orbit operations.
- March 2024 : Planet Labs PBC secured a contract with the US Navy’s Naval Information Warfare Center Pacific to supply satellite imagery for maritime surveillance and vessel monitoring via SeaVision platform.
Table of Contents
Exclusive indicates content/data unique to MarketsandMarkets and not available with any competitors.
TITLE
PAGE NO
1
INTRODUCTION
31
2
RESEARCH METHODOLOGY
35
3
EXECUTIVE SUMMARY
45
4
PREMIUM INSIGHTS
49
5
MARKET OVERVIEW AND INDUSTRY TRENDS
Satellite market driven by tech advances, demand surge, yet challenged by regulations and space debris.
52
5.1
INTRODUCTION
5.2
MARKET DYNAMICS
5.2.1
DRIVERS
5.2.1.1
ELEVATED DEMAND FOR SATELLITE INTERNET SERVICES
5.2.1.2
NEED FOR EARTH OBSERVATION IMAGERY AND ANALYTICS
5.2.1.3
INCREASING LAUNCHES OF CUBESATS
5.2.2
RESTRAINTS
5.2.2.1
STRINGENT GOVERNMENT POLICIES
5.2.2.2
LIMITED COVERAGE AND COMPLEXITY OF LEO SATELLITES
5.2.3
OPPORTUNITIES
5.2.3.1
POTENTIAL APPLICATIONS OF LASER BEAM POINTING TECHNOLOGY
5.2.3.2
TECHNOLOGICAL ADVANCES IN ELECTRIC PROPULSION SYSTEMS, ANTENNAS, AND GROUND STATIONS
5.2.3.3
HIGH ADOPTION OF SOFTWARE-DEFINED TECHNOLOGY
5.2.3.4
BOOMING 3D PRINTING TECHNOLOGY
5.2.4
CHALLENGES
5.2.4.1
CONCERNS OVER GROWING SPACE DEBRIS
5.2.4.2
COMPLEX SUPPLY CHAIN MANAGEMENT
5.3
TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.4
VALUE CHAIN ANALYSIS
5.4.1
RESEARCH AND DEVELOPMENT
5.4.2
RAW MATERIAL
5.4.3
COMPONENT/PRODUCT MANUFACTURING
5.4.4
ASSEMBLY AND INTEGRATION
5.4.5
POST-SALES SERVICE
5.5
PRICING ANALYSIS
5.5.1
AVERAGE SELLING PRICE, BY KEY PLAYER
5.5.2
INDICATIVE PRICING ANALYSIS, BY SATELLITE MASS
5.6
OPERATIONAL DATA
5.7
VOLUME DATA
5.8
ECOSYSTEM ANALYSIS
5.8.1
PROMINENT COMPANIES
5.8.2
PRIVATE AND SMALL ENTERPRISES
5.8.3
END USERS
5.9
TARIFF AND REGULATORY LANDSCAPE
5.9.1
TARIFF DATA
5.9.2
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.10
TRADE DATA
5.10.1
IMPORT SCENARIO (HS CODE 880260)
5.10.2
EXPORT SCENARIO (HS CODE 880260)
5.11
KEY CONFERENCES AND EVENTS, 2025–2026
5.12
KEY STAKEHOLDERS AND BUYING CRITERIA
5.12.1
KEY STAKEHOLDERS IN BUYING PROCESS
5.12.2
BUYING CRITERIA
5.13
CASE STUDY ANALYSIS
5.13.1
IOT AND COMMUNICATION SATELLITES
5.13.2
SPACE-BASED WIRELESS MONITORING SYSTEMS
5.13.3
MEASUREMENT OF MAGNETIC AND ELECTRIC FIELDS IN IONOSPHERE
5.13.4
REAL-TIME DATA FOR EMERGENCY SYSTEMS
5.13.5
SATELLITE RADIATION HARDNESS TEST
5.14
BUSINESS MODELS
5.14.1
BUILD TO ORDER
5.14.2
STANDARDIZED PLATFORMS
5.14.3
CONSTELLATION MANUFACTURING
5.15
BILL OF MATERIALS
5.16
TOTAL COST OF OWNERSHIP
5.17
INVESTMENT AND FUNDING SCENARIO
5.18
TECHNOLOGY ROADMAP
5.19
TECHNOLOGY ANALYSIS
5.19.1
KEY TECHNOLOGIES
5.19.1.1
CUBESAT CONSTELLATION
5.19.1.2
MINIATURIZATION
5.19.2
COMPLEMENTARY TECHNOLOGIES
5.19.2.1
HYPERSPECTRAL AND MULTISPECTRAL IMAGING
5.20
MACROECONOMIC OUTLOOK
5.20.1
NORTH AMERICA
5.20.2
EUROPE
5.20.3
ASIA PACIFIC
5.20.4
MIDDLE EAST
5.20.5
REST OF THE WORLD
5.21
US 2025 TARIFF IMPACT
5.21.1
INTRODUCTION
5.21.2
KEY TARIFF RATES
5.21.3
PRICE IMPACT ANALYSIS
5.21.4
IMPACT ON COUNTRY/REGION
5.21.4.1
US
5.21.4.2
EUROPE
5.21.4.3
ASIA PACIFIC
5.21.5
IMPACT ON END-USE INDUSTRIES
5.21.5.1
COMMERCIAL
5.21.5.2
GOVERNMENT & MILITARY
5.21.5.3
DUAL USE
5.22
TECHNOLOGY TRENDS
5.22.1
DEPLOYMENT OF LARGE CONSTELLATIONS OF LEO SATELLITES FOR GLOBAL COMMUNICATION SERVICES
5.22.2
ADOPTION OF SATELLITES IN LEO ORBIT TO PROVIDE ENHANCED SPACE IMAGERY
5.22.3
DEVELOPMENT OF DEDICATED LAUNCH VEHICLES FOR LEO SATELLITES
5.22.4
3D PRINTING OF SATELLITE EQUIPMENT
5.22.5
INNOVATIONS IN ELECTRIC PROPULSION SYSTEMS FOR LEO SATELLITES
5.22.6
DISTRIBUTED ELECTRIC POWER SYSTEM IN SMALL SATELLITE APPLICATIONS
5.22.7
ADVANCEMENTS IN ENERGY STORAGE SYSTEMS
5.22.8
MINIATURIZATION OF SATELLITES
5.23
IMPACT OF MEGATRENDS
5.23.1
HYBRID BEAMFORMING
5.23.2
SPACE EXPLORATION AND COMMERCIALIZATION
5.23.3
COGNITIVE RADIO (SDR-CR) TECHNOLOGY
5.23.4
GLOBAL ECONOMIC POWER SHIFT
5.24
IMPACT OF AI
5.24.1
INTRODUCTION
5.24.2
ADOPTION OF AI IN SPACE BY TOP COUNTRIES
5.24.3
IMPACT OF AI ON SPACE
5.24.4
IMPACT OF AI ON LEO SATELLITE MARKET
5.25
PATENT ANALYSIS
6
LEO SATELLITE MARKET, BY SATELLITE MASS
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 4 Data Tables
103
6.1
INTRODUCTION
6.2
LARGE SATELLITES
6.2.1
SURGE IN DEMAND FROM GOVERNMENT AGENCIES
6.3
MEDIUM SATELLITES
6.3.1
INCREASED SATELLITE LAUNCHES FOR EARTH OBSERVATION
6.4
SMALL SATELLITES
6.4.1
MINI SATELLITES (101–500 KG)
6.4.1.1
EXTENSIVE USE IN EARTH OBSERVATION AND BROADBAND INTERNET
6.4.2
MICRO SATELLITES (11–100 KG)
6.4.2.1
HIGHER ADOPTION FOR TACTICAL COMMUNICATION IN MILITARY APPLICATIONS
6.4.3
NANO SATELLITES (1–10 KG)
6.4.3.1
EXPANDING SCOPE IN COMMERCIAL APPLICATIONS
6.4.4
SMALLSATS (500–1,000 KG)
6.4.4.1
ESCALATING DEMAND FOR ADVANCED MISSIONS AND HIGH-CAPACITY SERVICES
6.5
CUBESATS
6.5.1
0.25–1U
6.5.1.1
DEPLOYMENT IN IMAGING, TECHNOLOGY DEMONSTRATION, AND AMATEUR RADIO COMMUNICATION
6.5.2
2U
6.5.2.1
GROWING ADOPTION IN HIGH PRECISION APPLICATIONS
6.5.3
3U
6.5.3.1
INCREASING USE IN SPACE WEATHER MONITORING
6.5.4
6U
6.5.4.1
BOOMING SPACE SCIENCE MISSIONS
6.5.5
12U & 16U
6.5.5.1
RISING USE IN DEEP SPACE MISSIONS
7
LEO SATELLITE MARKET, BY SUBSYSTEM
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 10 Data Tables
112
7.1
INTRODUCTION
7.2
SATELLITE BUSES
7.2.1
ATTITUDE & ORBITAL CONTROL SYSTEMS
7.2.1.1
NEED FOR STABLE PAYLOADS
7.2.2
COMMAND & DATA HANDLING (C&DH) SYSTEMS
7.2.2.1
CENTRAL TO ENSURING SEAMLESS OPERATION OF SATELLITE SYSTEMS
7.2.3
ELECTRICAL POWER SYSTEMS
7.2.3.1
NEED FOR EFFICIENT BATTERY POWER MANAGEMENT
7.2.4
PROPULSION
7.2.4.1
CHEMICAL PROPULSION
7.2.4.2
ELECTRIC PROPULSION
7.2.4.3
HYBRID PROPULSION
7.2.5
TELEMETRY, TRACKING, & COMMAND (TT&C)
7.2.5.1
NEED FOR EFFECTIVE COMMUNICATION BETWEEN SATELLITES AND GROUND STATIONS
7.2.6
STRUCTURES
7.2.6.1
FOCUS ON PROPER PLACEMENT OF SATELLITE SYSTEMS
7.2.7
THERMAL SYSTEMS
7.2.7.1
SURGE IN DEMAND FOR MINIATURIZED THERMAL MANAGEMENT SYSTEMS
7.3
PAYLOADS
7.3.1
TRADITIONAL PAYLOADS
7.3.1.1
OPTICAL AND INFRARED
7.3.1.2
HYPERSPECTRAL AND MULTISPECTRAL IMAGERS
7.3.1.3
RADAR PAYLOADS
7.3.1.4
COMMUNICATION PAYLOADS/TRANSPONDERS
7.3.1.5
OTHERS
7.3.2
SOFTWARE-DEFINED PAYLOADS
7.3.2.1
ADOPTION OF SOFTWARE-DEFINED TECHNOLOGY FOR FLEXIBLE SPACE MISSIONS
7.4
SOLAR PANELS
7.4.1
GROWING USE OF PHOTOVOLTAIC PANELS TO SUPPLY POWER IN SPACE
7.5
SATELLITE ANTENNAS
7.5.1
WIRE ANTENNAS
7.5.1.1
MONOPOLE
7.5.1.2
DIPOLE
7.5.2
HORN ANTENNAS
7.5.2.1
SMOOTH OPERATIONS ACROSS WIDE FREQUENCY RANGES
7.5.3
ARRAY ANTENNAS
7.5.3.1
HIGHER ADOPTION OF ACTIVE ELECTRONICALLY SCANNED ARRAY ANTENNAS
7.5.4
REFLECTOR ANTENNAS
7.5.4.1
PARABOLIC REFLECTORS
7.5.4.2
DOUBLE REFLECTORS
7.6
OTHERS
8
LEO SATELLITE MARKET, BY APPLICATION
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 2 Data Tables
126
8.1
INTRODUCTION
8.2
COMMUNICATION
8.2.1
TECHNOLOGICAL ADVANCES IN MINIATURE COMMUNICATION SYSTEMS
8.3
EARTH OBSERVATION & REMOTE SENSING
8.3.1
GROWING LEO SATELLITE LAUNCHES TO IMPROVE EARTH OBSERVATION AND REMOTE SENSING CAPABILITIES
8.4
SCIENTIFIC RESEARCH
8.4.1
MINIATURIZATION OF SUBCOMPONENTS AND PAYLOADS
8.5
TECHNOLOGY
8.5.1
INCREASED INVESTMENTS IN BETTER NAVIGATION AND TRACKING TECHNOLOGIES
8.6
OTHERS
9
LEO SATELLITE MARKET, BY END USE
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 6 Data Tables
132
9.1
INTRODUCTION
9.2
COMMERCIAL
9.2.1
SATELLITE OPERATORS/OWNERS
9.2.1.1
DEPLOYMENT OF SATELLITE CONSTELLATIONS FOR FASTER, SECURED COMMUNICATION AND DATA TRANSMISSION
9.2.2
MEDIA & ENTERTAINMENT
9.2.2.1
DEMAND FOR ON-DEMAND STREAMING INFORMATION AND ENTERTAINMENT
9.2.3
ENERGY INDUSTRY
9.2.3.1
RISING NEED FOR MONITORING STRUCTURAL INTEGRITY OF NUCLEAR POWER STATIONS
9.2.4
SCIENTIFIC RESEARCH & DEVELOPMENT
9.2.4.1
EXPANDING SPACE RESEARCH
9.2.5
OTHERS
9.3
GOVERNMENT & MILITARY
9.3.1
DEPARTMENTS OF DEFENSE & INTELLIGENCE AGENCIES
9.3.1.1
INCREASING DEMAND FOR REAL-TIME DATA AND IMAGING
9.3.2
NATIONAL SPACE AGENCIES
9.3.2.1
DIVERSE WEATHER MONITORING APPLICATIONS
9.3.3
SEARCH & RESCUE ENTITIES
9.3.3.1
RISE OF SATELLITE-AIDED SEARCH AND RESCUE OPERATIONS
9.3.4
ACADEMIC & RESEARCH INSTITUTIONS
9.3.4.1
GOVERNMENT SUPPORT FOR LEO SATELLITE DEVELOPMENT
9.3.5
NATIONAL MAPPING & TOPOGRAPHIC AGENCIES
9.3.5.1
SUBSTANTIAL INVESTMENTS IN LEO SATELLITES TO IMPROVE GPS-BASED NAVIGATION
9.4
DUAL USE
9.4.1
IMPROVED CONNECTIVITY AND PROVISION OF HIGH-SPEED DATA
10
LEO SATELLITE MARKET, BY FREQUENCY
Market Size & Growth Rate Forecast Analysis to 2030 in USD Million | 2 Data Tables
139
10.1
INTRODUCTION
10.2
L-BAND
10.2.1
INCREASING USE OF LEO SATELLITES FOR DATA COMMUNICATION AND TRAFFIC MANAGEMENT
10.3
S-BAND
10.3.1
GROWING INTEGRATION IN LEO SATELLITES DUE TO COMPACT DESIGN
10.4
C-BAND
10.4.1
EXTENSIVE USE FOR NAVIGATION PURPOSES
10.5
X-BAND
10.5.1
ABILITY TO PROVIDE HIGH-THROUGHPUT COMMUNICATION FROM SPACECRAFT TO GROUND STATIONS
10.6
KU-BAND
10.6.1
NEED FOR WIDER RANGE OF DATA COMMUNICATION
10.7
KA-BAND
10.7.1
INCREASING USE FOR HIGH-BANDWIDTH COMMUNICATION
10.8
Q/V-BAND
10.8.1
RISING ADOPTION TO REDUCE SIGNAL FADING AT HIGH-FREQUENCY BANDS
10.9
HF/VHF/UHF-BAND
10.9.1
GROWING USE IN DIGITAL AUDIO AND TELEVISION BROADCASTING
10.10
LASER/OPTICAL
10.10.1
HIGH DATA TRANSFER CAPABILITY
11
LEO SATELLITE MARKET, BY REGION
Comprehensive coverage of 8 Regions with country-level deep-dive of 16 Countries | 162 Data Tables.
145
11.1
INTRODUCTION
11.2
NORTH AMERICA
11.2.1
PESTLE ANALYSIS
11.2.2
US
11.2.2.1
INCREASING USE OF LEO SATELLITES IN AGRICULTURE TO DRIVE MARKET
11.2.3
CANADA
11.2.3.1
RISING INVESTMENTS IN SATELLITE MANUFACTURING FACILITIES TO DRIVE MARKET
11.3
EUROPE
11.3.1
PESTLE ANALYSIS
11.3.2
UK
11.3.2.1
RISING INNOVATIONS IN SATELLITE TECHNOLOGIES TO DRIVE MARKET
11.3.3
GERMANY
11.3.3.1
INCREASING DEMAND FOR CUBESATS TO DRIVE MARKET
11.3.4
RUSSIA
11.3.4.1
GROWING RELIANCE ON SELF-DEVELOPED SPACE SYSTEMS TO DRIVE MARKET
11.3.5
FRANCE
11.3.5.1
FOCUS ON STRENGTHENING DOMESTIC CAPABILITIES AND PUBLIC-PRIVATE SPACE PARTNERSHIPS TO DRIVE MARKET
11.3.6
ITALY
11.3.6.1
GROWING DEMAND FOR COST-EFFECTIVE SPACE OPERATIONS DRIVE MARKET
11.3.7
REST OF EUROPE
11.4
ASIA PACIFIC
11.4.1
PESTLE ANALYSIS
11.4.2
CHINA
11.4.2.1
INCREASING FOCUS ON SELF-MADE SPACE TECHNOLOGY TO DRIVE MARKET
11.4.3
INDIA
11.4.3.1
UPCOMING SPACE PROGRAMS TO DRIVE MARKET
11.4.4
JAPAN
11.4.4.1
GROWING INVOLVEMENT OF PRIVATE SPACE COMPANIES IN GOVERNMENT SPACE PROGRAMS TO DRIVE MARKET
11.4.5
SOUTH KOREA
11.4.5.1
SURGE IN GOVERNMENT FUNDING TO DRIVE MARKET
11.4.6
AUSTRALIA
11.4.6.1
GROWING ENCOURAGEMENT TO SATELLITE MANUFACTURERS TO DRIVE MARKET
11.4.7
REST OF ASIA PACIFIC
11.5
MIDDLE EAST & AFRICA
11.5.1
PESTLE ANALYSIS
11.5.2
GCC
11.5.2.1
BOOMING GOVERNMENT INITIATIVES AND ECONOMIC DIVERSIFICATION TO DRIVE MARKET
11.5.2.2
SAUDI ARABIA
11.5.2.3
UAE
11.5.3
ISRAEL
11.5.3.1
INCREASED PRIVATE INVESTMENTS IN SPACE TECHNOLOGY TO DRIVE MARKET
11.5.4
REST OF MIDDLE EAST & AFRICA
11.6
LATIN AMERICA
11.6.1
PESTLE ANALYSIS
11.6.2
MEXICO
11.6.2.1
INCREASING CUBESAT LAUNCH INITIATIVES BY UNIVERSITIES TO DRIVE MARKET
11.6.3
ARGENTINA
11.6.3.1
RISING NEED FOR ENHANCED SPACE SITUATIONAL AWARENESS TO DRIVE MARKET
11.6.4
REST OF LATIN AMERICA
12
COMPETITIVE LANDSCAPE
Discover key players' winning strategies and market dominance in the competitive landscape.
212
12.1
INTRODUCTION
12.2
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
12.3
REVENUE ANALYSIS, 2021–2024
12.4
MARKET SHARE ANALYSIS, 2024
12.5
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
12.5.1
STARS
12.5.2
EMERGING LEADERS
12.5.3
PERVASIVE PLAYERS
12.5.4
PARTICIPANTS
12.5.5
COMPANY FOOTPRINT
12.5.5.1
COMPANY FOOTPRINT
12.5.5.2
REGION FOOTPRINT
12.5.5.3
SATELLITE MASS FOOTPRINT
12.5.5.4
APPLICATION FOOTPRINT
12.6
COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024
12.6.1
PROGRESSIVE COMPANIES
12.6.2
RESPONSIVE COMPANIES
12.6.3
DYNAMIC COMPANIES
12.6.4
STARTING BLOCKS
12.6.5
COMPETITIVE BENCHMARKING
12.6.5.1
LIST OF START-UPS/SMES
12.6.5.2
COMPETITIVE BENCHMARKING OF START-UPS/SMES
12.7
COMPANY VALUATION AND FINANCIAL METRICS
12.8
BRAND/PRODUCT COMPARISON
12.9
COMPETITIVE SCENARIO
12.9.1
PRODUCT LAUNCHES
12.9.2
DEALS
12.9.3
OTHER DEVELOPMENTS
13
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
251
13.1
KEY PLAYERS
13.1.1
SPACEX
13.1.1.1
BUSINESS OVERVIEW
13.1.1.2
PRODUCTS/SOLUTIONS/SERVICES OFFERED
13.1.1.3
RECENT DEVELOPMENTS
13.1.1.4
MNM VIEW
13.1.2
LOCKHEED MARTIN CORPORATION
13.1.3
AIRBUS DEFENCE AND SPACE
13.1.4
NORTHROP GRUMMAN
13.1.5
L3HARRIS TECHNOLOGIES, INC.
13.1.6
THALES ALENIA SPACE
13.1.7
ONEWEB
13.1.8
SURREY SATELLITE TECHNOLOGY LTD.
13.1.9
PLANET LABS PBC
13.1.10
SIERRA NEVADA CORPORATION
13.1.11
MAXAR TECHNOLOGIES
13.1.12
GOMSPACE
13.1.13
MITSUBISHI ELECTRIC CORPORATION
13.1.14
EXOLAUNCH GMBH
13.1.15
CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION
13.1.16
BAE SYSTEMS
13.1.17
RTX
13.1.18
OHB SE
13.1.19
THE AEROSPACE CORPORATION
13.1.20
MILLENNIUM SPACE SYSTEMS, INC.
13.1.21
KUIPER SYSTEMS LLC
13.2
OTHER PLAYERS
13.2.1
MDA
13.2.2
AAC CLYDE SPACE
13.2.3
ASELSAN A.S.
13.2.4
PUMPKIN INC.
13.2.5
ALBA ORBITAL LIMITED
13.2.6
ENDUROSAT
13.2.7
EARTH-I LTD.
13.2.8
NANOAVIONICS
13.2.9
ALÉN SPACE
13.2.10
NEARSPACE LAUNCH, INC.
14
APPENDIX
344
14.1
DISCUSSION GUIDE
14.2
PROGRAMS RELATED TO LEO SATELLITE
14.3
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4
CUSTOMIZATION OPTIONS
14.5
RELATED REPORTS
14.6
AUTHOR DETAILS
LIST OF TABLES
TABLE 1
USD EXCHANGE RATES
TABLE 2
LEO SATELLITE CONSTELLATIONS, BY OWNER
TABLE 3
AVERAGE SELLING PRICE OF LEO SATELLITES OFFERED BY KEY PLAYERS, 2024 (USD MILLION)
TABLE 4
GLOBAL SATELLITE LAUNCHES, BY SATELLITE MASS, 2021–2024 (UNITS)
TABLE 5
LEO SATELLITE VOLUME, BY REGION, 2021–2024 (UNITS)
TABLE 6
ROLE OF COMPANIES IN ECOSYSTEM
TABLE 7
TARIFF DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, 2024
TABLE 8
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 9
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 10
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 11
MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 12
REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 13
IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
TABLE 14
EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
TABLE 15
KEY CONFERENCES AND EVENTS, 2025–2026
TABLE 16
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE (%)
TABLE 17
KEY BUYING CRITERIA, BY APPLICATION
TABLE 18
BUSINESS MODELS IN LEO SATELLITE MARKET
TABLE 19
BILL OF MATERIALS FOR LEO SATELLITES
TABLE 20
TOTAL COST OF OWNERSHIP FOR SATELLITES
TABLE 21
US-ADJUSTED RECIPROCAL TARIFF RATES
TABLE 22
KEY PRODUCT-RELATED TARIFF FOR LEO SATELLITES
TABLE 23
EXPECTED CHANGE IN PRICES AND POTENTIAL IMPACT ON END USE
TABLE 24
STATE-OF-THE-ART LEO SATELLITE/CUBESAT TECHNOLOGIES
TABLE 25
DIFFERENCE BETWEEN DISTRIBUTED AND CENTRALIZED ELECTRIC POWER SYSTEM ARCHITECTURE
TABLE 26
BATTERY TECHNOLOGIES
TABLE 27
IMPACT OF AI ON SPACE
TABLE 28
PATENT ANALYSIS
TABLE 29
LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 30
LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 31
SMALL SATELLITES: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 32
SMALL SATELLITES: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 33
LEO SATELLITE MARKET, BY SUBSYSTEM, 2021–2024 (USD MILLION)
TABLE 34
LEO SATELLITE MARKET, BY SUBSYSTEM, 2025–2030 (USD MILLION)
TABLE 35
SATELLITE BUSES: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 36
SATELLITE BUSES: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 37
LEO SATELLITE MARKET, BY PROPULSION, 2021–2024 (USD MILLION)
TABLE 38
LEO SATELLITE MARKET, BY PROPULSION, 2025–2030 (USD MILLION)
TABLE 39
LEO SATELLITE MARKET, BY PAYLOAD, 2021–2024 (USD MILLION)
TABLE 40
LEO SATELLITE MARKET, BY PAYLOAD, 2025–2030 (USD MILLION)
TABLE 41
TRADITIONAL PAYLOADS: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 42
TRADITIONAL PAYLOADS: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 43
LEO SATELLITE MARKET, BY APPLICATION, 2021–2024 (USD MILLION)
TABLE 44
LEO SATELLITE MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
TABLE 45
LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 46
LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 47
COMMERCIAL: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 48
COMMERCIAL: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 49
GOVERNMENT & MILITARY: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)
TABLE 50
GOVERNMENT & MILITARY: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)
TABLE 51
LEO SATELLITE MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)
TABLE 52
LEO SATELLITE MARKET, BY FREQUENCY, 2025–2030 (USD MILLION)
TABLE 53
LEO SATELLITE MARKET, BY REGION, 2021–2024 (USD MILLION)
TABLE 54
LEO SATELLITE MARKET, BY REGION, 2025–2030 (USD MILLION)
TABLE 55
NORTH AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 56
NORTH AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 57
NORTH AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 58
NORTH AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 59
NORTH AMERICA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 60
NORTH AMERICA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 61
NORTH AMERICA: LEO SATELLITE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 62
NORTH AMERICA: LEO SATELLITE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 63
US: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 64
US: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 65
US: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 66
US: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 67
US: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 68
US: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 69
CANADA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 70
CANADA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 71
CANADA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 72
CANADA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 73
CANADA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 74
CANADA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 75
EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 76
EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 77
EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 78
EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 79
EUROPE: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 80
EUROPE: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 81
EUROPE: LEO SATELLITE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 82
EUROPE: LEO SATELLITE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 83
UK: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 84
UK: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 85
UK: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 86
UK: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 87
UK: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 88
UK: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 89
GERMANY: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 90
GERMANY: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 91
GERMANY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 92
GERMANY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 93
GERMANY: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 94
GERMANY: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 95
RUSSIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 96
RUSSIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 97
RUSSIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 98
RUSSIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 99
RUSSIA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 100
RUSSIA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 101
FRANCE: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 102
FRANCE: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 103
FRANCE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 104
FRANCE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 105
FRANCE: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 106
FRANCE: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 107
ITALY: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 108
ITALY: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 109
ITALY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 110
ITALY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 111
ITALY: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 112
ITALY: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 113
REST OF EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 114
REST OF EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 115
REST OF EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 116
REST OF EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 117
REST OF EUROPE: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 118
REST OF EUROPE: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 119
ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 120
ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 121
ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 122
ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 123
ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 124
ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 125
ASIA PACIFIC: LEO SATELLITE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 126
ASIA PACIFIC: LEO SATELLITE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 127
CHINA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 128
CHINA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 129
CHINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 130
CHINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 131
CHINA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 132
CHINA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 133
INDIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 134
INDIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 135
INDIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 136
INDIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 137
INDIA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 138
INDIA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 139
JAPAN: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 140
JAPAN: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 141
JAPAN: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 142
JAPAN: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 143
JAPAN: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 144
JAPAN: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 145
SOUTH KOREA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 146
SOUTH KOREA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 147
SOUTH KOREA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 148
SOUTH KOREA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 149
SOUTH KOREA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 150
SOUTH KOREA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 151
AUSTRALIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 152
AUSTRALIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 153
AUSTRALIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 154
AUSTRALIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 155
AUSTRALIA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 156
AUSTRALIA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 157
REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 158
REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 159
REST OF ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 160
REST OF ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 161
REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 162
REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 163
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 164
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 165
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 166
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 167
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 168
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 169
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 170
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 171
GCC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 172
GCC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 173
GCC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 174
GCC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 175
GCC: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 176
GCC: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 177
ISRAEL: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 178
ISRAEL: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 179
ISRAEL: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 180
ISRAEL: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 181
ISRAEL: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 182
ISRAEL: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 183
REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 184
REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 185
REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 186
REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 187
REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 188
REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 189
LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 190
LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 191
LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 192
LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 193
LATIN AMERICA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 194
LATIN AMERICA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 195
LATIN AMERICA: LEO SATELLITE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)
TABLE 196
LATIN AMERICA: LEO SATELLITE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)
TABLE 197
MEXICO: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 198
MEXICO: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 199
MEXICO: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 200
MEXICO: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 201
MEXICO: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 202
MEXICO: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 203
ARGENTINA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 204
ARGENTINA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 205
ARGENTINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 206
ARGENTINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 207
ARGENTINA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 208
ARGENTINA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 209
REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)
TABLE 210
REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
TABLE 211
REST OF LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)
TABLE 212
REST OF LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)
TABLE 213
REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)
TABLE 214
REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
TABLE 215
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024
TABLE 216
LEO SATELLITE MARKET: DEGREE OF COMPETITION
TABLE 217
REGION FOOTPRINT
TABLE 218
SATELLITE MASS FOOTPRINT
TABLE 219
APPLICATION FOOTPRINT
TABLE 220
LIST OF START-UPS/SMES
TABLE 221
COMPETITIVE BENCHMARKING OF START-UPS/SMES
TABLE 222
LEO SATELLITE MARKET: PRODUCT LAUNCHES, 2021–2025
TABLE 223
LEO SATELLITE MARKET: DEALS, 2021–2025
TABLE 224
LEO SATELLITE MARKET: OTHER DEVELOPMENTS, 2021–2025
TABLE 225
SPACEX: COMPANY OVERVIEW
TABLE 226
SPACEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 227
SPACEX: DEALS
TABLE 228
SPACEX: OTHER DEVELOPMENTS
TABLE 229
LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW
TABLE 230
LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 231
LOCKHEED MARTIN CORPORATION: OTHER DEVELOPMENTS
TABLE 232
AIRBUS DEFENCE AND SPACE: COMPANY OVERVIEW
TABLE 233
AIRBUS DEFENCE AND SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 234
AIRBUS DEFENCE AND SPACE: DEALS
TABLE 235
AIRBUS DEFENCE AND SPACE: OTHER DEVELOPMENTS
TABLE 236
NORTHROP GRUMMAN: COMPANY OVERVIEW
TABLE 237
NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 238
NORTHROP GRUMMAN: DEALS
TABLE 239
NORTHROP GRUMMAN: OTHER DEVELOPMENTS
TABLE 240
L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW
TABLE 241
L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 242
L3HARRIS TECHNOLOGIES, INC.: DEALS
TABLE 243
L3HARRIS TECHNOLOGIES, INC.: OTHER DEVELOPMENTS
TABLE 244
THALES ALENIA SPACE: COMPANY OVERVIEW
TABLE 245
THALES ALENIA SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 246
THALES ALENIA SPACE: DEALS
TABLE 247
THALES ALENIA SPACE: EXPANSIONS
TABLE 248
THALES ALENIA SPACE: OTHER DEVELOPMENTS
TABLE 249
ONEWEB: COMPANY OVERVIEW
TABLE 250
ONEWEB: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 251
ONEWEB: DEALS
TABLE 252
SURREY SATELLITE TECHNOLOGY LTD.: COMPANY OVERVIEW
TABLE 253
SURREY SATELLITE TECHNOLOGY LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 254
SURREY SATELLITE TECHNOLOGY LTD.: DEALS
TABLE 255
SURREY SATELLITE TECHNOLOGY LTD.: OTHER DEVELOPMENTS
TABLE 256
PLANET LABS PBC: COMPANY OVERVIEW
TABLE 257
PLANET LABS PBC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 258
PLANET LABS PBC: PRODUCT LAUNCHES
TABLE 259
PLANET LABS PBC: DEALS
TABLE 260
PLANET LABS PBC: OTHER DEVELOPMENTS
TABLE 261
SIERRA NEVADA CORPORATION: COMPANY OVERVIEW
TABLE 262
SIERRA NEVADA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 263
SIERRA NEVADA CORPORATION: OTHER DEVELOPMENTS
TABLE 264
MAXAR TECHNOLOGIES: COMPANY OVERVIEW
TABLE 265
MAXAR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 266
MAXAR TECHNOLOGIES: OTHER DEVELOPMENTS
TABLE 267
GOMSPACE: COMPANY OVERVIEW
TABLE 268
GOMSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 269
GOMSPACE: DEALS
TABLE 270
GOMSPACE: OTHER DEVELOPMENTS
TABLE 271
MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW
TABLE 272
MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 273
MITSUBISHI ELECTRIC CORPORATION: OTHER DEVELOPMENTS
TABLE 274
EXOLAUNCH GMBH: COMPANY OVERVIEW
TABLE 275
EXOLAUNCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 276
EXOLAUNCH GMBH: PRODUCT LAUNCHES
TABLE 277
EXOLAUNCH GMBH: DEALS
TABLE 278
EXOLAUNCH GMBH: OTHER DEVELOPMENTS
TABLE 279
CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION: COMPANY OVERVIEW
TABLE 280
CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 281
BAE SYSTEMS: COMPANY OVERVIEW
TABLE 282
BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 283
BAE SYSTEMS: DEALS
TABLE 284
RTX: COMPANY OVERVIEW
TABLE 285
RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 286
RTX: OTHER DEVELOPMENTS
TABLE 287
OHB SE: COMPANY OVERVIEW
TABLE 288
OHB SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 289
OHB SE: OTHER DEVELOPMENTS
TABLE 290
THE AEROSPACE CORPORATION: COMPANY OVERVIEW
TABLE 291
THE AEROSPACE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 292
MILLENNIUM SPACE SYSTEMS, INC.: COMPANY OVERVIEW
TABLE 293
MILLENNIUM SPACE SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 294
KUIPER SYSTEMS LLC: COMPANY OVERVIEW
TABLE 295
KUIPER SYSTEMS LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 296
MDA: COMPANY OVERVIEW
TABLE 297
AAC CLYDE SPACE: COMPANY OVERVIEW
TABLE 298
ASELSAN A.S.: COMPANY OVERVIEW
TABLE 299
PUMPKIN INC.: COMPANY OVERVIEW
TABLE 300
ALBA ORBITAL LIMITED: COMPANY OVERVIEW
TABLE 301
ENDUROSAT: COMPANY OVERVIEW
TABLE 302
EARTH-I LTD.: COMPANY OVERVIEW
TABLE 303
NANOAVIONICS: COMPANY OVERVIEW
TABLE 304
ALÉN SPACE: COMPANY OVERVIEW
TABLE 305
NEARSPACE LAUNCH, INC.: COMPANY OVERVIEW
LIST OF FIGURES
FIGURE 1
LEO SATELLITE MARKET SEGMENTATION
FIGURE 2
RESEARCH DESIGN MODEL
FIGURE 3
RESEARCH DESIGN
FIGURE 4
BOTTOM-UP APPROACH
FIGURE 5
TOP-DOWN APPROACH
FIGURE 6
DATA TRIANGULATION
FIGURE 7
LARGE SATELLITES TO BE LARGEST SEGMENT DURING FORECAST PERIOD
FIGURE 8
SATELLITE BUSES TO BE DOMINANT DURING FORECAST PERIOD
FIGURE 9
KU-BAND SEGMENT TO ACQUIRE MAXIMUM SHARE IN 2030
FIGURE 10
COMMERCIAL TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD
FIGURE 11
COMMUNICATION SEGMENT TO BE PREVALENT DURING FORECAST PERIOD
FIGURE 12
MIDDLE EAST & AFRICA TO EXHIBIT FASTEST GROWTH IN 2025
FIGURE 13
GROWING USE OF LEO SATELLITES FOR TRACKING, MONITORING, AND SURVEILLANCE TO DRIVE MARKET
FIGURE 14
COMMUNICATION SEGMENT TO SECURE LEADING POSITION DURING FORECAST PERIOD
FIGURE 15
LARGE SATELLITES TO HOLD HIGHEST SHARE IN 2025
FIGURE 16
SATELLITE BUSES TO DOMINATE MARKET IN 2025
FIGURE 17
KU-BAND TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD
FIGURE 18
COMMERCIAL TO LEAD MARKET DURING FORECAST PERIOD
FIGURE 19
CANADA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 20
LEO SATELLITE MARKET DYNAMICS
FIGURE 21
TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 22
VALUE CHAIN ANALYSIS
FIGURE 23
AVERAGE SELLING PRICE OF LEO SATELLITES OFFERED BY KEY PLAYERS, 2024 (USD MILLION)
FIGURE 24
ECOSYSTEM ANALYSIS
FIGURE 25
IMPORT DATA FOR HS CODE 880260- COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
FIGURE 26
EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)
FIGURE 27
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE
FIGURE 28
KEY BUYING CRITERIA, BY APPLICATION
FIGURE 29
BUSINESS MODELS IN LEO SATELLITE MARKET
FIGURE 30
BILL OF MATERIALS FOR LEO SATELLITES
FIGURE 31
DEALS AND INVESTMENT IN EUROPEAN SPACE START-UPS, 2020–2024
FIGURE 32
GLOBAL SPACE PRIVATE INVESTMENT, BY TYPE, 2020–2024
FIGURE 33
TECHNOLOGY ROADMAP
FIGURE 34
EVOLUTION OF LEO SATELLITE TECHNOLOGIES
FIGURE 35
TECHNOLOGY TRENDS IN LEO SATELLITE MARKET
FIGURE 36
TECHNOLOGY TRENDS
FIGURE 37
ADOPTION OF AI IN SPACE
FIGURE 38
ADOPTION OF AI IN SPACE BY TOP COUNTRIES
FIGURE 39
IMPACT OF AI ON SATELLITE PLATFORMS
FIGURE 40
IMPACT OF AI ON SATELLITE NTN MARKET
FIGURE 41
PATENT ANALYSIS
FIGURE 42
LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)
FIGURE 44
LEO SATELLITE MARKET, BY APPLICATION, 2025–2030 (USD MILLION)
FIGURE 45
LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)
FIGURE 46
LEO SATELLITE MARKET, BY FREQUENCY, 2025–2030 (USD MILLION)
FIGURE 47
LEO SATELLITE MARKET, BY REGION, 2025–2030
FIGURE 48
NORTH AMERICA: LEO SATELLITE MARKET SNAPSHOT
FIGURE 49
EUROPE: LEO SATELLITE MARKET SNAPSHOT
FIGURE 50
ASIA PACIFIC: LEO SATELLITE MARKET SNAPSHOT
FIGURE 51
MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SNAPSHOT
FIGURE 52
LATIN AMERICA: LEO SATELLITE MARKET SNAPSHOT
FIGURE 53
REVENUE ANALYSIS OF KEY PLAYERS, 2021–2024
FIGURE 54
MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024
FIGURE 55
COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024
FIGURE 56
COMPANY FOOTPRINT
FIGURE 57
COMPANY EVALUATION MATRIX (START-UPS/SMES), 2024
FIGURE 58
FINANCIAL METRICS OF KEY PLAYERS
FIGURE 59
YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA OF KEY VENDORS
FIGURE 60
BRAND/PRODUCT COMPARISON
FIGURE 61
LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT
FIGURE 62
AIRBUS DEFENCE AND SPACE: COMPANY SNAPSHOT
FIGURE 63
NORTHROP GRUMMAN: COMPANY SNAPSHOT
FIGURE 64
L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT
FIGURE 65
PLANET LABS PBC: COMPANY SNAPSHOT
FIGURE 66
MAXAR TECHNOLOGIES: COMPANY SNAPSHOT
FIGURE 67
MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
FIGURE 68
BAE SYSTEMS: COMPANY SNAPSHOT
FIGURE 69
RTX: COMPANY SNAPSHOT
FIGURE 70
OHB SE: COMPANY SNAPSHOT
Methodology
This research study on the LEO satellite market involved extensive use of secondary sources, directories, and databases such as Hoovers, Bloomberg BusinessWeek, and Factiva to identify and collect information relevant to the market. The primary sources considered included industry experts, as well as service providers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of the value chain of this market. In-depth interviews with primary respondents, including key industry participants, subject matter experts, industry consultants, and C-level executives, were conducted to obtain and verify critical qualitative and quantitative information pertaining to the LEO satellite market and assess its growth prospects.
Secondary Research
The secondary sources referred to for this research study on the LEO satellite market included the financial statements of companies offering delivery drone software, drone transportation and logistics services, transportation and logistics solution providers, and various trade, business, and professional associations. The secondary data was collected and analyzed to arrive at the overall size of the LEO satellite market, which was validated by primary respondents.
Primary Research
In the primary research process, various sources from the supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. Primary sources from the supply side included CXOs, VPs, directors, regional managers, business development and product development teams, distributors, and vendors. Meanwhile, stakeholders from the demand side included telecommunication companies, government and defense agencies, broadcasting services, and others willing to adopt LEO satellites. These interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market size forecasting, and data triangulation. These interviews also helped analyze the market by satellite mass, application, end use, subsystem, and frequency segments for five key regions
Note: Tier 1 = Company revenue over USD 1 billion, Tier 2 = Company revenue between USD 100 million and USD 1 billion, and Tier 3 = Company revenue less than USD 100 million.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches were used to estimate and validate the total size of the LEO satellite market. These methods were also used to calculate the size of various segments and subsegments of the market. The research methodology used to estimate the market size includes the following details:
- The key players were identified through secondary research, and their market ranking was determined through primary and secondary research. This included a study of the annual and financial reports of the top market players and extensive interviews of leaders, including CEOs, directors, and marketing executives.
- All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.
LEO Satellite Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall size of the LEO satellite market from the market size estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments, data triangulation and market breakdown procedures explained below were implemented, wherever applicable. The data was triangulated by studying different factors and trends from both the demand and supply sides. The market size was also validated using both top-down and bottom-up approaches.
Market Definition
LEO satellites, or low Earth orbit satellites, are designed to operate in orbits that are relatively close to Earth, typically at altitudes of up to 2,000 kilometers (1,200 miles). These satellites are widely used for commercial communication, Earth observation, remote sensing, navigation, surveillance, meteorology, and scientific research. One defining feature of LEO satellites is their flexibility in orbit paths; unlike geostationary satellites that must orbit along the equator, LEO satellites can operate in tilted orbital planes, which allows for a greater variety of routes and coverage. This characteristic contributes to their popularity and utility across various sectors, including defense, civil, commercial, and governmental uses.
Key Stakeholders
- Satellite component manufacturers
- Satellite manufacturers
- Satellite integrators
- Launch service providers
- Government and civil organizations related to LEO satellite market
- Small satellite companies
- Payload suppliers
- Scientific institutions
- Meteorological organizations
- Component suppliers
- Technologists
- R&D staff
Report Objectives
- To define, describe, segment, and forecast the LEO satellite market based on satellite mass, subsystem, end use, application, frequency, and region
- To forecast the sizes of market segments with respect to five major regions: North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, along with major countries in each region
- To identify and analyze key drivers, restraints, opportunities, and challenges influencing market growth
- To analyze micromarkets1 with respect to individual growth trends, prospects, and their contribution to the overall market
- To analyze opportunities in the market for stakeholders by identifying market trends
- To profile key market players and comprehensively analyze their market shares and core competencies2
- To analyze the degree of competition in the market by identifying key growth strategies, such as acquisitions, contracts, investments, new installations & upgrades, and partnerships, adopted by leading market players
- To identify detailed financial positions, key products, and unique selling points of leading companies in the market
Customizations options
Along with the market data, MarketsandMarkets offers customizations to meet the specific needs of companies. The following customization options are available for the report:
Product Analysis
- Product matrix, which gives a detailed comparison of the product portfolio of each company
Regional Analysis
- Further breakdown of the market segments at the country level
Company Information
- Detailed analysis and profiling of up to five additional market players
Key Questions Addressed by the Report
What is the current size of the LEO satellite market in terms of value?
In terms of value, the LEO satellite market is estimated at USD 11.81 billion in 2025.
Who are the winners in the LEO satellite market?
SPACEX (US), Airbus Defence and Space (Germany), Lockheed Martin Corporation (US), Northrop Grumman (US), and L3Harris Technologies, Inc. (US) are the winners in the LEO satellite market.
What are the key technological advancements in the market?
- 3D-printed satellite manufacturing
- Development of CubeSat constellations
- Miniaturization in space technology
What are the factors driving the growth of the market?
- Rising demand for satellite internet services
- Growing need for earth observation imagery and analytics
- Expanding satellite networks for internet access in underserved areas
- Increasing launches of CubeSats
Which region is estimated to hold the highest market share in the LEO satellite market in 2025?
North America is estimated to hold the highest market share of 36.3% in 2025.
Personalize This Research
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
Let Us Help You
- What are the Known and Unknown Adjacencies Impacting the LEO Satellite Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Custom Market Research Services
We Will Customise The Research For You, In Case The Report Listed Above Does Not Meet With Your Requirements
Get 10% Free Customisation
Before You Go
Expand Beyond LEO Satellite Market
Explore the top 20 industries influencing your market growth
Human and AI Powered Market Intelligence
Find Untapped Markets
Growth opportunities and latent adjacency in LEO Satellite Market