LEO and GEO Satellite Market Top Manufacturers, Sales, Product Types, Sales and Demand 2021-2027

Low earth orbit (LEO) and geo stationary orbit (GEO) satellite have significant application in aerospace sector. A low earth orbit requires the lowest amount of energy for satellite placement. It provides high bandwidth and low communication latency. Satellites and space stations in LEO are more accessible for crew and servicing.

Additionally, LEO is used for many communication applications, such as the Iridium phone system. LEO satellite and Geo stationary satellite have revolutionized global communications, television broadcasting, and weather forecasting, and have a number of important defense and intelligence applications.

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Regions covered
North America (US and Canada), Europe (Germany, UK, France, and the Rest of Europe), Asia Pacific (China, Japan, India, and the Rest of Asia Pacific), Latin America (Brazil, Mexico, and the Rest of LATAM), and Middle East and Africa

Companies covered
Airbus Defense and Space, Amazon, Antrix Corporation Limited, Apstar, ARA Antenna Research, Arabsat, Ariane Group, AsiaSat, Ball Aerospace & Technologies Corp, Blue Origin

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Top impacting factors: market scenario analysis, trends, drivers, and impact analysis
Low earth orbit (LEO) and geo stationary orbit (GEO) satellite have intrinsic value for humans and it touches almost every aspect of human life, be it in education, healthcare, telecommunication, transportation (logistics), or defense.

In addition, for the last years, this market has witnessed huge public (government) investment and entry of many new private players. This is the significant factor for driving LEO and GEO Satellite Market.
Furthermore, LEO and GEO satellite have application in Navigation, Business & finance, Weather, Climate & environmental monitoring, Land stewardship, also. Therefore almost all aspect of modern life is closely related and dependent on application of satellites.

Among restraint factor for LEO and GEO Satellites is that these satellite esp. LEO, suffer from fast orbital decay, which require either periodic rebooting to maintain a stable orbit, or launching replacement satellites when old ones re-enter.

LEO and GEO Satellite Market trends are as follows:

Satellite use in transforming transportation infrastructure
Broadband connectivity on trains, cargo vehicles and maritime vessels is a burgeoning trend in the global transportation landscape, and satellite communications plays a pivotal role in enabling innovative mobility services.

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Inmarsat Group Holdings Ltd., which provide global communications for armed forces, emergency services and ships has decided to use civil drones over long distances, a step that may help pave the way for

mass adoption by industries from transportation to energy and infrastructure.

For this, Satellite operator Inmarsat has partnered with drone air-traffic management start up Altitude Angel Ltd. to fit drones with a global backstop satellite connection when land-based communications aren’t available.

One of the added advantage with Inmarsat that its terrestrial satellite receivers have become smaller and cheaper, that makes it easier to use them on tiny aircraft.

Use of satellite in energy sector
Energy and mining companies are exploring more extensive usage of satellite-based sensor networks to support their offshore exploration projects. Recently IBM has unveiled new technology to reduce power outages by helping energy companies predict where trees and other vegetation may threaten power lines.

IBM in collaboration with Oncor, utility company to help improve operations and provide reliable electric service for millions of customers across the state. The system processes massive, complex geospatial and time-based datasets collected by satellites, drones, aerial flights, millions of Internet of Things (IOT) sensors, and weather models.

The resulting insights can help companies like Oncor to monitor vegetation growth across their entire service territory, allowing them to better identify and predict potential

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