Press release
Low Earth Orbit (LEO) Satellites Market Size By Type, By Sub-System, By Application, By End-User And Forecast By 2025
The Business Research Company offers "Low Earth Orbit (LEO) Satellites Global Market Report 2020-30: COVID-19 Growth And Change" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.The low earth orbit (LEO) satellites market report describes and explains the global low earth orbit (LEO) satellites market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The low earth orbit (LEO) satellites market consists of sales of low earth orbit satellites by entities (organizations, sole traders, and partnerships) that manufacture low earth orbit satellites. A low earth orbit satellite is an object that orbits the earth at lower altitudes than geosynchronous satellites. It is normally between 1000 km and 160 km above the earth. They are commonly used for communications, military reconnaissance, spying, and other imaging applications.
The global low earth orbit (LEO) satellites market is expected to grow from $2.18 billion in 2020 to $2.34 billion in 2021 at a compound annual growth rate (CAGR) of 7.3%. The growth in the low earth orbit satellites market is mainly due to the increasing adoption of low earth orbit satellites in various sectors, rising importance across communications and defense industries, increasing awareness regarding new forms of technology, integration of IoT, machine learning, rapid advancements in the aerospace, robust government support, increasing preferences towards software defined payloads for communication satellites, miniaturization of satellite, and growing advancements in payload systems. The LEO market is expected to reach $4.36 billion in 2025 at a CAGR of 16.9%.
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Some of the major players of the low earth orbit (LEO) satellites market are Northrop Grumman, Kepler Communications, SpaceX, Boeing, Lockheed Martin, Thales Alenia Space, Airbus Defence and Space, SSL, Globalstar, and BAE System.
The countries covered in the global low earth orbit (LEO) satellites market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global low earth orbit (LEO) satellites market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global low earth orbit (LEO) satellites market is segmented -
1) By Type: Femto, Pico, Nano, Micro, Mini
2) By Sub-System: Payload, Structure, Telecommunication, On-Board Computer, Power System, Attitude Control, Propulsion System
3) By Application: Technology Development, Earth Observation And Remote Sensing, Communication, Space Exploration, Surveillance
4) By End-User: Commercial, Civil, Government, Others
Read More On The Global Low Earth Orbit (LEO) Satellites Market Report:
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Few Points From Table Of Content
1. Executive Summary
2. Low Earth Orbit (LEO) Satellites Market Characteristics
3. Low Earth Orbit (LEO) Satellites Market Trends And Strategies
4. Impact Of COVID-19 On Low Earth Orbit (LEO) Satellites
5. Low Earth Orbit (LEO) Satellites Market Size And Growth
…
26. Africa Low Earth Orbit (LEO) Satellites Market
27. Low Earth Orbit (LEO) Satellites Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Low Earth Orbit (LEO) Satellites Market
29. Low Earth Orbit (LEO) Satellites Market Future Outlook and Potential Analysis
30. Appendix
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