LEO Satellite Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027, Segmented By Size (Femto; Pico; Nano; Micro; Mini), By Sub System (Satellite Bus, Payloads, Solar Panels, Satellite Antenna, Others), By Application (Communication, Earth Observation & Remote Sensing, Scientific Technology, Others), By Frequency (L- Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band, Othe
Published Date: March - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationThe LEO satellite market is projected to grow from USD 12.6 billion in 2023 to USD 23.2 Billion by 2029, at a CAGR of 13.0% from 2023 to 2029.
The global LEO satellite market is anticipated to register an impressive CAGR in the forecast period.The rise in investments in low-earth orbit LEO
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Rise in Demand for LEO based Services Drives the Market Growth
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Advantages of having LEO Satellites Supports the High Market Demand
Market Segmentation
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In terms of country, the United States is expected to capture a substantial market share in the forecast period, 2023-2027, owing to the increased awareness about the benefits of having LEO satellites.
Market Players
L3Harris Technologies, SpaceX, Honeywell International Inc., Airbus, Lockheed Martin, Northrop Grumman Corporation, Antrix Corporation Limited, Apstar, Ariane Group, Ball Aerospace & Technologies Corp, are the major market players operating in the global LEO satellite market.
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Attribute |
Details |
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Base Year |
2021 |
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Historic Data |
2017 – 2020 |
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Estimated Year |
2022 |
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Forecast Period |
2023 – 2027 |
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Quantitative Units |
Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027 |
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Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
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Segments covered |
· Size · Sub System · Application · Frequency · End Use |
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Regional scope |
North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa |
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Country scope |
United States; Canada; Mexico; China, India, Japan, Thailand, Indonesia, Australia, South Korea; Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland; Brazil, Argentina; Saudi Arabia, Iran, Israel, UAE, Turkey |
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Key companies profiled |
L3Harris Technologies, SpaceX, Honeywell International Inc., Airbus, Lockheed Martin, Northrop Grumman Corporation, Antrix Corporation Limited, Apstar, Ariane Group, Ball Aerospace & Technologies Corp |
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Customization scope |
10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
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Pricing and purchase options |
Avail customized purchase options to meet your exact research needs. Explore purchase options |
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Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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