Low Earth Orbit Leo Satellites Market
Low Earth Orbit (LEO) Satellites Market Forecasts to 2028 – Global Analysis By Type (Femto, Mini), Product Type (<50 KG, 50–500 KG, >500 KG), Application (Surveillance, Space Exploration), End User (Commercial, Government) and By Geography
According to Stratistics MRC, the Global Low Earth Orbit (LEO) Satellites Market is accounted for $2.18 billion in 2020 and is expected to reach $4.44 billion by 2028 growing at a CAGR of 9.3% during the forecast period. Rising importance across communications and defense industries, increasing awareness regarding new forms of technology, and integration of IoT are the major factors propelling the market growth. However, shorter life spans of the satellites are hampering market growth.
Low earth orbit satellites serve a significant role in earth observation for the satellite in the field of farming and are one of the most important enablers of the planet’s protection, safety, and longevity. Earth observation is a technique of observing and measuring biological, chemical, and physical factors on a global scale using data from low earth orbit satellites.
Based on the type, the pico segment is estimated to have lucrative growth during the forecast period. The pico satellites have a wet mass between 0.1 and 1 kg. They are used to carry out various payloads such as image sensors, Automatic Identification Systems (AIS), and communications.
By geography, the Asia Pacific is going to have a huge demand during the forecast period due to it provides high-capacity fiber-optic networks that give access to fast broadband connectivity. Rapid technology advances in broadband satellites that can be arranged in a Low Earth Orbit (LEO) constellation are expected to dramatically expand the coverage area, improve the quality and lower the cost of high-speed internet.
Some of the key players profiled in the Low Earth Orbit (LEO) Satellites Market include Boeing, ISS-Reshetnev, Kepler Communications, LeoSat Enterprises, Lockheed Martin, Northrop Grumman, OneWeb Satellites, Planet Labs, SpaceX, SSL (Space Systems Loral), and Thales Alenia Space.
Types Covered:
• Femto
• Mini
• Micro
• Pico
• Nano
Sub-Systems Covered:
• Payload
• Propulsion System
• On-Board Computer
• Power System
• Attitude Control
• Telecommunication
• Structure
Product Types Covered:
• <50 KG
• 50–500 KG
• >500 KG
Applications Covered:
• Technology Development
• Surveillance
• Space Exploration
• Communication & Navigation
• Earth Observation and Remote Sensing
End Users Covered:
• Commercial
• Government
• Civil
• Military
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Low Earth Orbit (LEO) Satellites Market, By Type
5.1 Introduction
5.2 Femto
5.3 Mini
5.4 Micro
5.5 Pico
5.6 Nano
6 Global Low Earth Orbit (LEO) Satellites Market, By Sub-System
6.1 Introduction
6.2 Payload
6.3 Propulsion System
6.3.1 Thrusters
6.3.2 Propellant Tank
6.3.3 Valves and Regulators
6.4 On-Board Computer
6.5 Power System
6.5.1 Solar Cell
6.5.2 Batteries
6.6 Attitude Control
6.7 Telecommunication
6.7.1 Antenna
6.7.2 Transponder
6.8 Structure
7 Global Low Earth Orbit (LEO) Satellites Market, By Product Type
7.1 Introduction
7.2 <50 KG
7.3 50–500 KG
7.4 >500 KG
8 Global Low Earth Orbit (LEO) Satellites Market, By Application
8.1 Introduction
8.2 Technology Development
8.3 Surveillance
8.4 Space Exploration
8.5 Communication & Navigation
8.6 Earth Observation and Remote Sensing
9 Global Low Earth Orbit (LEO) Satellites Market, By End User
9.1 Introduction
9.2 Commercial
9.3 Government
9.4 Civil
9.5 Military
10 Global Low Earth Orbit (LEO) Satellites Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Boeing
12.2 ISS-Reshetnev
12.3 Kepler Communications
12.4 LeoSat Enterprises
12.5 Lockheed Martin
12.6 Northrop Grumman
12.7 OneWeb Satellites
12.8 Planet Labs
12.9 SpaceX
12.10 SSL (Space Systems Loral)
12.11 Thales Alenia Space
List of Tables
1 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Region (2019-2028) ($MN)
2 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Type (2019-2028) ($MN)
3 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Femto (2019-2028) ($MN)
4 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Mini (2019-2028) ($MN)
5 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Micro (2019-2028) ($MN)
6 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Pico (2019-2028) ($MN)
7 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Nano (2019-2028) ($MN)
8 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Sub-System (2019-2028) ($MN)
9 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Payload (2019-2028) ($MN)
10 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Propulsion System (2019-2028) ($MN)
11 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Thrusters (2019-2028) ($MN)
12 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Propellant Tank (2019-2028) ($MN)
13 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Valves and Regulators (2019-2028) ($MN)
14 Global Low Earth Orbit (LEO) Satellites Market Outlook, By On-Board Computer (2019-2028) ($MN)
15 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Power System (2019-2028) ($MN)
16 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Solar Cell (2019-2028) ($MN)
17 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Batteries (2019-2028) ($MN)
18 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Attitude Control (2019-2028) ($MN)
19 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Telecommunication (2019-2028) ($MN)
20 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Antenna (2019-2028) ($MN)
21 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Transponder (2019-2028) ($MN)
22 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Structure (2019-2028) ($MN)
23 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Product Type (2019-2028) ($MN)
24 Global Low Earth Orbit (LEO) Satellites Market Outlook, By <50 KG (2019-2028) ($MN)
25 Global Low Earth Orbit (LEO) Satellites Market Outlook, By 50–500 KG (2019-2028) ($MN)
26 Global Low Earth Orbit (LEO) Satellites Market Outlook, By >500 KG (2019-2028) ($MN)
27 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Application (2019-2028) ($MN)
28 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Technology Development (2019-2028) ($MN)
29 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Surveillance (2019-2028) ($MN)
30 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Space Exploration (2019-2028) ($MN)
31 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Communication & Navigation (2019-2028) ($MN)
32 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Earth Observation and Remote Sensing (2019-2028) ($MN)
33 Global Low Earth Orbit (LEO) Satellites Market Outlook, By End User (2019-2028) ($MN)
34 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Commercial (2019-2028) ($MN)
35 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Government (2019-2028) ($MN)
36 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Civil (2019-2028) ($MN)
37 Global Low Earth Orbit (LEO) Satellites Market Outlook, By Military (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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