LEO Satellite Market to Grow Significantly at a CAGR of 20.0% by 2025 | OneWeb Satellites, SpaceX, LeoSat Enterprises, Boeing, Thales Alenia Space

Global LEO Satellite Market Size, Status and Forecast 2020-2025

The report presents an in-depth assessment of the LEO Satellite Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for LEO Satellite from 2020 till 2025.

Global LEO Satellite market size will reach 7640 million US$ by 2025, from 2130 million US$ in 2018, at a CAGR of 20.0% during the forecast period.

The key growth drivers are: cost effectiveness when compared with Geosynchronous satellites, clear images and videos and less power requirement for their transmission, lower signal propagation delay and increase in communication facilities at regional levels.

All these combined with investment by private players and governments would lead a steady growth over the next few years.

The hurdles that face this industry are : space traffic or space pollution as proposed in 1978 by Donald Kessler and lack of legislation governing this space.

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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the Global LEO Satellite Market: OneWeb Satellites, SpaceX, LeoSat Enterprises, Boeing (NYSE: BA), Thales Alenia Space, SSL (Space Systems Loral), Lockheed Martin (NYSE: LMT), Planet Labs, ISS-Reshetnev, Northrop Grumman, Kepler Communications and others.

LEO Satellite Market Insights:

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.
A low Earth orbit (LEO) is an orbit around Earth with an altitude above Earth's surface of 2,000 kilometers (1,200 mi), and an orbital period between about 84 and 127 minutes. Objects below approximately 160 kilometers (99 mi) will experience very rapid orbital decay and altitude loss.

Thousands of smaller satellites (constellations) are launched into the low-earth-orbit to work together and operate effectively as one. Large constellations are required to achieve global coverage given their location relative to Earth. Since LEOs are closer to the Earth, they cover less territory because of the limited field of view from the antennas onboard each spacecraft.

Latest Industry News:

Apr 17, 2020 - NASA and SpaceX are now targeting May 27th for the first crewed flight of SpaceX's Crew Dragon -- a newly developed vehicle designed to take astronauts to the International Space Station. The demonstration mission, which will carry two NASA astronauts to orbit, will mark the first time people have launched from American soil since the end of the Space Shuttle program in 2011.

March 21, 2020 - Satellite operator OneWeb lofted 34 more spacecraft today (March 21) to beef up its burgeoning broadband constellation.
The satellites launched atop a Soyuz rocket from Baikonur Cosmodrome in Kazakhstan at 1:06 p.m. EDT (1806 GMT; 10:06 p.m. local Baikonur time). All 34 spacecraft were successfully deployed into low Earth orbit by 3 hours and 45 minutes after liftoff, OneWeb representatives said.

January 6, 2020 - SpaceX sent a fresh batch of 60 Starlink broadband satellites into orbit tonight on a Falcon 9 rocket, executing a mission that aims to give the California-based company the world's biggest commercial satellite constellation.
When added to the previous two 60-satellite launches, the Starlink tally comes to 180 satellites. Some of SpaceX's previously launched satellites are no longer in service; nevertheless, the launch was expected to push Starlink past Planet's constellation of roughly 140 Earth-imaging satellites.

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Global LEO Satellite Market Split by Product Type and Applications:

This report segments the global LEO Satellite market on the basis of Types are:
500 Kg

On the basis of Application, the Global LEO Satellite market is segmented into:
Commercial, Military, Others

Influence of the LEO Satellite Market Report:
-Comprehensive assessment of all opportunities and risk in the LEO Satellite market.
-Detailed study of business strategies for growth of the LEO Satellite market-leading players.
-Conclusive study about the growth plot of LEO Satellite market for forthcoming years.
-In-depth understanding of LEO Satellite market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital technological and market latest trends striking the LEO Satellite market.

What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.

-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.

-Analytical Tools: The Global LEO Satellite Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.

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