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Global Low Earth Orbit (LEO) Satellite Market (2022 Edition) - Analysis by Application Type, Weight Type (Micro, Mini, <10 KG), End-Use Industry, By Region, By Country: Market Insights and Forecast (2023-2028)

  • Report Code : 870768
  • Industry : Electronics
  • Published On : Nov 2022
  • Pages : 280
  • Publisher : Azoth Analytics
  • Format: WMR PPT FormatWMR PDF Format

Executive Summary

According to Azoth Analytics research report, the Global Low Earth Orbit Satellite market is projected to display a notable growth represented By a CAGR of 25.45% during 2023-2028. The global Low Earth Orbit Satellite market was valued at USD 5.01 Billion in the year 2021 with the Americas region leading the regional market share.

The Global Low Earth Orbit Satellite Market is driven by an increasing investment in Satellite Industry by governments and organizations like SpaceX, and Boeing across the world. Additionally, the increasing internet penetration rate among the growing population in several developing countries is anticipated to propel the growth of the Global Low Earth Orbit Satellite market.

In the Application segment, the Communications Low Earth Orbit Satellite are expected to grow with a significant CAGR and also it is anticipated to hold a major share in the overall Low Earth Orbit Satellite market as increasing demand for broadband services and high data rate connectivity boosting the market.

One of the most important emerging trends that could impact LEO Satellite industry is the increasing significance of AI, ML and Cloud Computing in the Satellite Industry. LEO satellites can promote business by adopting digitalization and the Internet of Things (IoT), particularly in the oil and gas sector. By providing high-quality connectivity to remote oil fields (offshore and onshore), LEO satellite technology can enable oil companies to enhance their digital capabilities, machine learning, and security initiatives at remote sites.

In the Weight Segment, the Micro-sized Low Earth Orbit Satellite and the satellites which weigh under 10 KG hold the largest share in the market as the large players of LEO Satellite manufacturers are acquiring the small players to increase their market share and revenue and expanding their respective LEO Satellite production and manufacturing across the world in countries like USA, China, Russia and in the United Kingdom.



Scope of the Report

• The report presents the analysis of the Low Earth Orbit Satellite Market for the historical period of 2018-2021 and the forecast period of 2023-2028.

• The report analyses the Low Earth Orbit Satellite Market by Value (USD Billion).

• The report analyses the Low Earth Orbit Satellite Market by Application Type (Communications, Space Exploration, Earth Observation & Remote Sensing, Others).

• The report analyses the Low Earth Orbit Satellite Market by Weight Type (Micro (10-100 KG), Mini (100-500 KG), Below 10 KG).

• The report analyses the Low Earth Orbit Satellite Market by End User Industry (Residential, Commercial, Government & Military)

• The Global Low Earth Orbit Satellite Market has been analysed By Region (Americas, Europe, Asia Pacific, and MEA).

• The Global Low Earth Orbit Satellite Market has been analysed By Country (United States, Canada, Germany, U.K, France, Russia, China, India, Japan, South Korea).

• The key insights of the report have been presented through the leading company shares. Also, the attractiveness of the market has been presented by region, by Application, by Weight, by End User.

• Also, the major opportunities, trends, drivers, opportunities and challenges of the industry has been analysed in the report.

• The report tracks competitive developments, strategies, and recent developments. The companies analysed in the report include Northrop Grumman, Kepler Communications, SpaceX, Boeing, Lockheed Martin, Thales, Airbus SE, L3Harris Technologies, Honeywell, OneWeb.



Key Target Audience

• Low Earth Orbit Satellite Companies

• Research and Development (R&D) Organizations

• Government Bodies & Regulating Authorities

• Investment Banks and Equity Firms

1. Introduction

1.1 Overview

1.2 Scope of Research

2. Executive Summary

2.1 Market Dashboard

2.2 Regional Insights

2.3 Market Ecosystem Factors

3. Research Methodology

3.1 Data Collection Process

3.2 Market Trajectory Estimation

3.3 Market Size Calculation

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Trends

4.5 Impact assessment of Market Dynamics

5. Value Chain

5.1 Raw Material Suppliers

5.2 Manufacturers

5.3 Distributors

5.4 End Use Industries

6. Covid-19 Impact Assessment

6.1 Assessment of Degree of Impact of Covid-19 on Global LEO Satellite Market

6.2 Region-Wise Quarterly Covid Impact Analysis

7. Porter's Five Forces Analysis

8. Macro Economic Indicator Outlook

8.1 Global Information Technology Sector Investments

8.2 Manufacturing Sector

8.3 Government Investments in Space Industry

8.4 Total Objects Launched into Space

8.5 Government Investments in Military

9. Average Selling Price Analysis

9.1 Average Selling Price, By Region

9.2 Average Selling Price, By Application Type

10. Competitive Positioning

10.1 Companies' Product Positioning

10.2 Market Position Matrix

10.3 Market Share Analysis

10.3.1 Northrop Grumman

10.3.2 Kepler Communications

10.3.3 SpaceX

10.3.4 Boeing

10.3.5 Lockheed Martin

10.3.6 Thales

10.3.7 Airbus SE

10.3.8 L3Harris Technologies

10.3.9 Honeywell

10.3.10 OneWeb

11. Volumetric Analysis, Units, 2018-2028

11.1 Global Low Earth Orbit Satellite Market, By Volume

11.1.1 Global Low Earth Orbit Satellite Market, 2018-2028 (Units)

11.1.2 Global Low Earth Orbit Satellite Market, By Application, 2018-2028 (Units)

11.1.3 Global Low Earth Orbit Satellite Market, By Application, 2018-2021, 2023-2028 CAGR (%)

11.2 Americas Low Earth Orbit Satellite Market, By Volume

11.2.1 Americas Low Earth Orbit Satellite Market, 2018-2028 (Units)

11.2.2 Americas Low Earth Orbit Satellite Market, By Application, 2018-2028 (Units)

11.2.3 Americas Low Earth Orbit Satellite Market, By Application, 2018-2021, 2023-2028 CAGR (%)

11.3 Europe Low Earth Orbit Satellite Market, By Volume

11.3.1 Europe Low Earth Orbit Satellite Market, 2018-2028 (Units)

11.3.2 Europe Low Earth Orbit Satellite Market, By Application, 2018-2028 (Units)

11.3.3 Europe Low Earth Orbit Satellite Market, By Application, 2018-2021, 2023-2028 CAGR (%)

11.4 Asia Pacific Low Earth Orbit Satellite Market, By Volume

11.4.1 Asia Pacific Low Earth Orbit Satellite Market, 2018-2028 (Units)

11.4.2 Asia Pacific Low Earth Orbit Satellite Market, By Application, 2018-2028 (Units)

11.4.3 Asia Pacific Low Earth Orbit Satellite Market, By Application, 2018-2021, 2023-2028 CAGR (%)

11.5 Middle East & Africa Low Earth Orbit Satellite Market, By Volume

11.5.1 Middle East & Africa Low Earth Orbit Satellite Market, 2018-2028 (Units)

11.5.2 Middle East & Africa Low Earth Orbit Satellite Market, By Application, 2018-2028 (Units)

11.5.3 Middle East & Africa Low Earth Orbit Satellite Market, By Application, 2018-2021, 2023-2028 CAGR (%)

12. Global Low Earth Orbit Satellite Market Trends and Forecast Analysis, 2018-2028, USD Billion & CAGR

12.1 Macro Economic Factor Impact Index

12.2 Low Earth Orbit Satellite Market: Dashboard

12.3 Low Earth Orbit Satellite Market Size, By Value, 2018-2021(USD Billion)

12.4 Low Earth Orbit Satellite Market Size, By Value, 2022-2028 (USD Billion)

12.5 Low Earth Orbit Satellite Market: Summary

13. Global Low Earth Orbit Satellite Market Trend And Forecast Analysis, 2018-2028, By Application Type

13.1 Low Earth Orbit Satellite Market Trend And Forecast Analysis, By Application Type: Snapshot

13.2 Communications

13.3 Space Exploration

13.4 Earth Observation & Remote Sensing

13.5 Other Applications

14. Global Low Earth Orbit Satellite Market Trend And Forecast Analysis, 2018-2028, By Capacity Type

14.1 Low Earth Orbit Satellite Market Trend And Forecast Analysis, By Capacity Type: Snapshot

14.2 Micro (10-100 KG)

14.2 Mini (100-500 KG)

14.2 Below 10 KG

15. Global Low Earth Orbit Satellite Market Trend And Forecast Analysis, 2018-2028, By End User Type

15.1 Low Earth Orbit Satellite Market Trend And Forecast Analysis, By End User Type: Snapshot

15.2 Residential

15.3 Commercial

15.4 Government & Military

16. Global Low Earth Orbit Satellite Market Trend And Forecast Analysis, 2018-2028, By Region

16.1 Regional Coverage of the Study

17. Americas Low Earth Orbit Satellite Market Trends and Forecast Analysis, 2018-2028, USD Billion & CAGR

17.1 Macro Economic Factor Impact Index

17.2 Impact analysis of market dynamics on LEO Satellite Market

17.3 Americas LEO Satellite Market: Dashboard

17.4 Americas LEO Satellite Market Size, By Value, 2018-2021(USD Billion)

17.5 Americas LEO Satellite Market Size, By Value, 2022-2028 (USD Billion)

18. Americas Leo Satellite Market, By Application Type

18.1 Americas Low Earth Orbit Satellite Market: Application Type Overview

18.2 Americas Low Earth Orbit Satellite Market: Application Type, By Communications

18.3 Americas Low Earth Orbit Satellite Market: Application Type, By Space Exploration

18.4 Americas Low Earth Orbit Satellite Market: Application Type, By Earth Observation & Remote Sensing

18.5 Americas Low Earth Orbit Satellite Market: Application Type, By Other Applications

19. Americas Leo Satellite Market, By Weight Type

19.1 Americas Low Earth Orbit Satellite Market: Weight Type Overview

19.2 Americas Low Earth Orbit Satellite Market: Weight Type, By Micro (10-100 KG)

19.3 Americas Low Earth Orbit Satellite Market: Weight Type, By Mini (100-500 KG)

19.4 Americas Low Earth Orbit Satellite Market: Weight Type, By Below 10 KG

20. Americas Leo Satellite Market, By End User Type

20.1 Americas Low Earth Orbit Satellite Market: End User Type Overview

20.2 Americas Low Earth Orbit Satellite Market: End User Type, By Residential

20.3 Americas Low Earth Orbit Satellite Market: End User Type, By Commercial

20.4 Americas Low Earth Orbit Satellite Market: End User Type, By Government & Military

21. Americas Leo Satellite Market, By Country

21.1 United States

21.2 Canada

21.3 Rest of Americas

22. Europe Low Earth Orbit Satellite Market Trends and Forecast Analysis, 2018-2028, USD Billion & CAGR

22.1 Macro Economic Factor Impact Index

22.2 Impact analysis of market dynamics on LEO Satellite Market

22.3 Europe LEO Satellite Market: Dashboard

22.4 Europe LEO Satellite Market Size, By Value, 2018-2021(USD Billion)

22.5 Europe LEO Satellite Market Size, By Value, 2022-2028 (USD Billion)

23. Europe Leo Satellite Market, By Application Type

23.1 Europe Low Earth Orbit Satellite Market: Application Type Overview

23.2 Europe Low Earth Orbit Satellite Market: Application Type, By Communications

23.3 Europe Low Earth Orbit Satellite Market: Application Type, By Space Exploration

23.4 Europe Low Earth Orbit Satellite Market: Application Type, By Earth Observation & Remote Sensing

23.5 Europe Low Earth Orbit Satellite Market: Application Type, By Other Applications

24. Europe Leo Satellite Market, By Weight Type

24.1 Europe Low Earth Orbit Satellite Market: Weight Type Overview

24.2 Europe Low Earth Orbit Satellite Market: Weight Type, By Micro (10-100 KG)

24.3 Europe Low Earth Orbit Satellite Market: Weight Type, By Mini (100-500 KG)

24.4 Europe Low Earth Orbit Satellite Market: Weight Type, By Below 10 KG

25. Europe Leo Satellite Market, By End User Type

25.1 Europe Low Earth Orbit Satellite Market: End User Type Overview

25.2 Europe Low Earth Orbit Satellite Market: End User Type, By Residential

25.3 Europe Low Earth Orbit Satellite Market: End User Type, By Commercial

25.4 Europe Low Earth Orbit Satellite Market: End User Type, By Government & Military

26. Europe Leo Satellite Market, By Country

26.1 Germany

26.2 United Kingdom

26.3 France

26.4 Russia

26.5 Rest of Europe

27. Asia Pacific Low Earth Orbit Satellite Market Trends and Forecast Analysis, 2018-2028, USD Billion & CAGR

27.1 Macro Economic Factor Impact Index

27.2 Impact analysis of market dynamics on LEO Satellite Market

27.3 Asia Pacific LEO Satellite Market: Dashboard

27.4 Asia Pacific LEO Satellite Market Size, By Value, 2018-2021(USD Billion)

27.5 Asia Pacific LEO Satellite Market Size, By Value, 2022-2028 (USD Billion)

28. Asia Pacific Leo Satellite Market, By Application Type

28.1 Asia Pacific Low Earth Orbit Satellite Market: Application Type Overview

28.2 Asia Pacific Low Earth Orbit Satellite Market: Application Type, By Communications

28.3 Asia Pacific Low Earth Orbit Satellite Market: Application Type, By Space Exploration

28.4 Asia Pacific Low Earth Orbit Satellite Market: Application Type, By Earth Observation & Remote Sensing

28.5 Asia Pacific Low Earth Orbit Satellite Market: Application Type, By Other Applications

29. Asia Pacific Leo Satellite Market, By Weight Type

29.1 Asia Pacific Low Earth Orbit Satellite Market: Weight Type Overview

29.2 Asia Pacific Low Earth Orbit Satellite Market: Weight Type, By Micro (10-100 KG)

29.3 Asia Pacific Low Earth Orbit Satellite Market: Weight Type, By Mini (100-500 KG)

29.4 Asia Pacific Low Earth Orbit Satellite Market: Weight Type, By Below 10 KG

30. Asia Pacific Leo Satellite Market, By End User Type

30.1 Asia Pacific Low Earth Orbit Satellite Market: End User Type Overview

30.2 Asia Pacific Low Earth Orbit Satellite Market: End User Type, By Residential

30.3 Asia Pacific Low Earth Orbit Satellite Market: End User Type, By Commercial

30.4 Asia Pacific Low Earth Orbit Satellite Market: End User Type, By Government & Military

31. Asia Pacific Leo Satellite Market, By Country

31.1 China

31.2 India

31.3 Japan

31.4 South Korea

31.5 Rest of Asia Pacific

32. Middle East & Africa Low Earth Orbit Satellite Market Trends and Forecast Analysis, 2018-2028, USD Billion & CAGR

32.1 Macro Economic Factor Impact Index

32.2 Impact analysis of market dynamics on LEO Satellite Market

32.3 Middle East & Africa LEO Satellite Market Size, By Value, 2018-2021(USD Billion)

32.4 Middle East & Africa LEO Satellite Market Size, By Value, 2022-2028 (USD Billion)

33. Middle East & Africa Leo Satellite Market, By Application Type

33.1 Middle East & Africa Low Earth Orbit Satellite Market: Application Type Overview

33.2 Middle East & Africa Low Earth Orbit Satellite Market: Application Type, By Communications

33.3 Middle East & Africa Low Earth Orbit Satellite Market: Application Type, By Space Exploration

33.4 Middle East & Africa Low Earth Orbit Satellite Market: Application Type, By Earth Observation & Remote Sensing

33.5 Middle East & Africa Low Earth Orbit Satellite Market: Application Type, By Other Applications

34. Middle East & Africa Leo Satellite Market, By Weight Type

34.1 Middle East & Africa Low Earth Orbit Satellite Market: Weight Type Overview

34.2 Middle East & Africa Low Earth Orbit Satellite Market: Weight Type, By Micro (10-100 KG)

34.3 Middle East & Africa Low Earth Orbit Satellite Market: Weight Type, By Mini (100-500 KG)

34.4 Middle East & Africa Low Earth Orbit Satellite Market: Weight Type, By Below 10 KG

35. Middle East & Africa Leo Satellite Market, By End User Type

35.1 Middle East & Africa Low Earth Orbit Satellite Market: End User Type Overview

35.2 Middle East & Africa Low Earth Orbit Satellite Market: End User Type, By Residential

35.3 Middle East & Africa Low Earth Orbit Satellite Market: End User Type, By Commercial

35.4 Middle East & Africa Low Earth Orbit Satellite Market: End User Type, By Government & Military

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This report incorporates the analysis of factors that augments the market growth. Report presents competitive landscape of the global market. This also provides the scope of different segments and applications that can potentially influence the market in the future. The analysis is based on current market trends and historic growth data. It includes detailed market segmentation, regional analysis, and competitive landscape of the industry.
The report efficiently evaluates the current market size and provides industry forecast. The market was valued at xxx Million US$ in 2019, and is expected to grow at a CAGR of xx% during the period 2020-2027.
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