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LEO Satellite Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027
Segmented By Size (Femto; Pico; Nano; Micro; Mini), By Sub System (Satellite Bus, Payloads, Solar Panels, Satellite Antenna, Others), By Application (Communication, Earth Observation & Remote Sensing, Scientific Technology, Others), By Frequency (L- Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band, Others), By End Use (Commercial, Government & Military), and By Region

LEO Satellite Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Size (Femto; Pico; Nano; Micro; Mini), By Sub System (Satellite Bus, Payloads, Solar Panels, Satellite Antenna, Others), By Application (Communication, Earth Observation & Remote Sensing, Scientific Technology, Others), By Frequency (L- Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band, Others), By End Use (Commercial, Government & Military), and By Region

The global LEO satellite market is anticipated to register an impressive CAGR in the forecast period, 2023-2027. The rise in investments in low-earth orbit LEO satellites owing to the increase in the demand for LEO-based services and their massive commercial applications primarily drives the global LEO satellite market. Also, the high-end investments by the market players in research and development activities to miniaturize satellites and integrate electronic devices to increase connectivity are expected to create growth opportunities for the global LEO satellite market in the next five years.
Rise in Demand for LEO based Services Drives the Market Growth
Data collection and processing is the trend across the world as they help generate insights that could help businesses to grow by making informed decisions. The demand for increased capacity, high-speed and cost-effective broadband solutions is on the rise. There is a massive demand for data from an enterprise, including the banking and retail industry, the energy sector, which includes the oil, gas, and mining industry, and the government sector. The benefits offered by LEO, such as low cost, ease of assembly and launch, short lifecycles, mass production, advanced mechanics, and versatility, are garnering customer attraction across the globe. There is huge untapped potential in developing countries in remote locations and rural areas where there is no internet connection, and the LEO satellites could be used to provide an internet connection to users. The ongoing digitization trend in the emerging economies and the favorable government policies promoting the development of robust digital infrastructure is creating the demand for high-speed internet services. The surge in disposable income of middle-class families has increased the capacity to buy electronic devices, including smartphones, laptops, and monitors. The increase in demand for affordable high-speed internet services is expected to propel the demand for the global LEO satellites market through the next five years.
Advantages of having LEO Satellites Supports the High Market Demand
The advances in space technology have enabled satellites in low earth orbit to provide fast internet access and increased data storage capacity. LEO satellites proximity to the ground enables them to communicate without any delay. For high data consuming applications such as video calls and voice calls, which are delay-sensitive, LEO satellites are considered ideal. A shorter distance to Earth has an added advantage in that the satellite communication links suffer minimal path loss, allowing reliable link formation with less power and reduced antenna size. LEO satellites are smaller in size and have a lower mass, making them less expensive than their GEO counterparts. The advantages offered by LEO satellites are expected to attract a large number of market players to invest in the LEO satellites over the next five years.

Market Segmentation
The global LEO satellite market is segmented into size, sub system, application, frequency, end use, regional distribution, and Competitive Landscape. Based on size, the market is divided into femto, pico, nano, micro, and mini. Based on sub system, the market is divided into satellite bus, payloads, solar panels, satellite antenna, and others. Based on application, the market is divided into communication, earth observation & remote sensing, scientific technology, and others. Based on frequency, the market is divided into L- band, S-band, C-band, X-band, Ku-band, Ka-band, and others. Based on end use, the market is bifurcated into commercial and government & military. To analyze the market based on the region, the global LEO satellite market is studied in major regions namely North America, Asia-pacific, Europe & CIS, South America, Middle East and Africa. In terms of country, the United States is expected to capture a substantial market share in the forecast period, 2023-2027, owing to the increased awareness about the benefits of having LEO satellites.
Market Players
L3Harris Technologies, SpaceX, Honeywell International Inc., Airbus, Lockheed Martin, Northrop Grumman Corporation, Antrix Corporation Limited, Apstar, Ariane Group, Ball Aerospace & Technologies Corp, are the major market players operating in the global LEO satellite market.

Report Scope:
In this report, global LEO satellite market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
•LEO Satellite Market, By Size:
oFemto
oPico
oNano
oMicro
oMini
•LEO Satellite Market, By Sub System:
oSatellite Bus
oPayloads
oSolar Panels
oSatellite Antenna
oOthers
•LEO Satellite Market, By Application:
oCommunication
oEarth Observation & Remote Sensing
oScientific Technology
oOthers
•LEO Satellite Market, By Frequency:
oL- Band
oS-Band
oC-Band
oX-Band
oKu-Band
oKa-Band
oOthers
•LEO Satellite Market, By End Use:
oCommercial
oGovernment & Military
•LEO Satellite Market, By Region:
oNorth America
United States
Canada
Mexico
oAsia-Pacific
China
India
Japan
Thailand
Indonesia
Australia
South Korea
oEurope & CIS
Germany
France
United Kingdom
Spain
Italy
Netherlands
Russia
Poland
oSouth America
Brazil
Argentina
oMiddle East & Africa
Saudi Arabia
Iran
Israel
UAE
Turkey
Competitive Landscape

Competitive Landscape Detailed analysis of the major companies present in global LEO satellite market.

Available Customizations:
With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:
Company Information
•Detailed analysis and profiling of additional market players (up to five).
Table of Contents

1.Product Overview
2.Research Methodology
3.Executive Summary
4.Impact of COVID-19 on Global LEO Satellite Market
5.Global LEO Satellite Market Outlook
5.1.Market Size & Forecast
5.1.1.By Value
5.2.Market Share & Forecast
5.2.1.By Size (Femto; Pico; Nano; Micro; Mini)
5.2.2.By Sub System (Satellite Bus, Payloads, Solar Panels, Satellite Antenna, Others)
5.2.3.By Application (Communication, Earth Observation & Remote Sensing, Scientific Technology, Others)
5.2.4.By Frequency (L- Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band, Others)
5.2.5.By End Use (Commercial, Government & Military)
5.2.6.By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)
5.2.7.By Company (2021)
5.3.Product Market Map (By Size, By Region)
6.North America LEO Satellite Market Outlook
6.1.Market Size & Forecast
6.1.1.By Value
6.2.Market Share & Forecast
6.2.1.By Size
6.2.2.By Sub System
6.2.3.By Application
6.2.4.By Frequency
6.2.5.By End Use
6.2.6.By Country (United States; Canada; Mexico)
6.3.Product Market Map (By Size, By Country)
6.4.North America: Country Analysis
6.4.1.United States LEO Satellite Market Outlook
6.4.1.1.Market Size & Forecast
6.4.1.1.1.By Value
6.4.1.2.Market Share & Forecast
6.4.1.2.1.By Size
6.4.1.2.2.By Sub System
6.4.1.2.3.By Application
6.4.1.2.4.By Frequency
6.4.1.2.5.By End Use
6.4.2.Canada LEO Satellite Market Outlook
6.4.2.1.Market Size & Forecast
6.4.2.1.1.By Value
6.4.2.2.Market Share & Forecast
6.4.2.2.1.By Size
6.4.2.2.2.By Sub System
6.4.2.2.3.By Application
6.4.2.2.4.By Frequency
6.4.2.2.5.By End Use
6.4.3.Mexico LEO Satellite Market Outlook
6.4.3.1.Market Size & Forecast
6.4.3.1.1.By Value
6.4.3.2.Market Share & Forecast
6.4.3.2.1.By Size
6.4.3.2.2.By Sub System
6.4.3.2.3.By Application
6.4.3.2.4.By Frequency
6.4.3.2.5.By End Use
7.Asia Pacific LEO Satellite Market Outlook
7.1.Market Size & Forecast
7.1.1.By Value
7.2.Market Share & Forecast
7.2.1.By Size
7.2.2.By Sub System
7.2.3.By Application
7.2.4.By Frequency
7.2.5.By End Use
7.2.6.By Country (China, India, Japan, Thailand, Indonesia, Australia, South Korea)
7.2.7.Product Market Map (By Size, By Country)
7.3.Asia Pacific: Country Analysis
7.3.1.China LEO Satellite Market Outlook
7.3.1.1.Market Size & Forecast
7.3.1.1.1.By Value
7.3.1.2.Market Share & Forecast
7.3.1.2.1.By Size
7.3.1.2.2.By Sub System
7.3.1.2.3.By Application
7.3.1.2.4.By Frequency
7.3.1.2.5.By End Use
7.3.2.India LEO Satellite Market Outlook
7.3.2.1.Market Size & Forecast
7.3.2.1.1.By Value
7.3.2.2.Market Share & Forecast
7.3.2.2.1.By Size
7.3.2.2.2.By Sub System
7.3.2.2.3.By Application
7.3.2.2.4.By Frequency
7.3.2.2.5.By End Use
7.3.3.Japan LEO Satellite Market Outlook
7.3.3.1.Market Size & Forecast
7.3.3.1.1.By Value
7.3.3.2.Market Share & Forecast
7.3.3.2.1.By Size
7.3.3.2.2.By Sub System
7.3.3.2.3.By Application
7.3.3.2.4.By Frequency
7.3.3.2.5.By End Use
7.3.4.Thailand LEO Satellite Market Outlook
7.3.4.1.Market Size & Forecast
7.3.4.1.1.By Value
7.3.4.2.Market Share & Forecast
7.3.4.2.1.By Size
7.3.4.2.2.By Sub System
7.3.4.2.3.By Application
7.3.4.2.4.By Frequency
7.3.4.2.5.By End Use
7.3.5.Indonesia LEO Satellite Market Outlook
7.3.5.1.Market Size & Forecast
7.3.5.1.1.By Value
7.3.5.2.Market Share & Forecast
7.3.5.2.1.By Size
7.3.5.2.2.By Sub System
7.3.5.2.3.By Application
7.3.5.2.4.By Frequency
7.3.5.2.5.By End Use
7.3.6.Australia LEO Satellite Market Outlook
7.3.6.1.Market Size & Forecast
7.3.6.1.1.By Value
7.3.6.2.Market Share & Forecast
7.3.6.2.1.By Size
7.3.6.2.2.By Sub System
7.3.6.2.3.By Application
7.3.6.2.4.By Frequency
7.3.6.2.5.By End Use
7.3.7.South Korea LEO Satellite Market Outlook
7.3.7.1.Market Size & Forecast
7.3.7.1.1.By Value
7.3.7.2.Market Share & Forecast
7.3.7.2.1.By Size
7.3.7.2.2.By Sub System
7.3.7.2.3.By Application
7.3.7.2.4.By Frequency
7.3.7.2.5.By End Use
8.Europe & CIS LEO Satellite Market Outlook
8.1.Market Size & Forecast
8.1.1.By Value
8.2.Market Share & Forecast
8.2.1.By Size
8.2.2.By Sub System
8.2.3.By Application
8.2.4.By Frequency
8.2.5.By End Use
8.2.6.By Country (Germany, France, United Kingdom, Spain, Italy, Netherlands, Russia, Poland)
8.3.Product Market Map (By Size, By Country)
8.4.Europe & CIS: Country Analysis
8.4.1.Germany LEO Satellite Market Outlook
8.4.1.1.Market Size & Forecast
8.4.1.1.1.By Value
8.4.1.2.Market Share & Forecast
8.4.1.2.1.By Size
8.4.1.2.2.By Sub System
8.4.1.2.3.By Application
8.4.1.2.4.By Frequency
8.4.1.2.5.By End Use
8.4.2.France LEO Satellite Market Outlook
8.4.2.1.Market Size & Forecast
8.4.2.1.1.By Value
8.4.2.2.Market Share & Forecast
8.4.2.2.1.By Size
8.4.2.2.2.By Sub System
8.4.2.2.3.By Application
8.4.2.2.4.By Frequency
8.4.2.2.5.By End Use
8.4.3.United Kingdom LEO Satellite Market Outlook
8.4.3.1.Market Size & Forecast
8.4.3.1.1.By Value
8.4.3.2.Market Share & Forecast
8.4.3.2.1.By Size
8.4.3.2.2.By Sub System
8.4.3.2.3.By Application
8.4.3.2.4.By Frequency
8.4.3.2.5.By End Use
8.4.4.Spain LEO Satellite Market Outlook
8.4.4.1.Market Size & Forecast
8.4.4.1.1.By Value
8.4.4.2.Market Share & Forecast
8.4.4.2.1.By Size
8.4.4.2.2.By Sub System
8.4.4.2.3.By Application
8.4.4.2.4.By Frequency
8.4.4.2.5.By End Use
8.4.5.Italy LEO Satellite Market Outlook
8.4.5.1.Market Size & Forecast
8.4.5.1.1.By Value
8.4.5.2.Market Share & Forecast
8.4.5.2.1.By Size
8.4.5.2.2.By Sub System
8.4.5.2.3.By Application
8.4.5.2.4.By Frequency
8.4.5.2.5.By End Use
8.4.6.Netherlands LEO Satellite Market Outlook
8.4.6.1.Market Size & Forecast
8.4.6.1.1.By Value
8.4.6.2.Market Share & Forecast
8.4.6.2.1.By Size
8.4.6.2.2.By Sub System
8.4.6.2.3.By Application
8.4.6.2.4.By Frequency
8.4.6.2.5.By End Use
8.4.7.Russia LEO Satellite Market Outlook
8.4.7.1.Market Size & Forecast
8.4.7.1.1.By Value
8.4.7.2.Market Share & Forecast
8.4.7.2.1.By Size
8.4.7.2.2.By Sub System
8.4.7.2.3.By Application
8.4.7.2.4.By Frequency
8.4.7.2.5.By End Use
8.4.8.Poland LEO Satellite Market Outlook
8.4.8.1.Market Size & Forecast
8.4.8.1.1.By Value
8.4.8.2.Market Share & Forecast
8.4.8.2.1.By Size
8.4.8.2.2.By Sub System
8.4.8.2.3.By Application
8.4.8.2.4.By Frequency
8.4.8.2.5.By End Use
9.South America LEO Satellite Market Outlook
9.1.Market Size & Forecast
9.1.1.By Value
9.2.Market Share & Forecast
9.2.1.By Size
9.2.2.By Sub System
9.2.3.By Application
9.2.4.By Frequency
9.2.5.By End Use
9.2.6.By Country (Brazil, Argentina)
9.3.Product Market Map (By Size, By Country)
9.4.South America: Country Analysis
9.4.1.Brazil LEO Satellite Market Outlook
9.4.1.1.Market Size & Forecast
9.4.1.1.1.By Value
9.4.1.2.Market Share & Forecast
9.4.1.2.1.By Size
9.4.1.2.2.By Sub System
9.4.1.2.3.By Application
9.4.1.2.4.By Frequency
9.4.1.2.5.By End Use
9.4.2.Argentina LEO Satellite Market Outlook
9.4.2.1.Market Size & Forecast
9.4.2.1.1.By Value
9.4.2.2.Market Share & Forecast
9.4.2.2.1.By Size
9.4.2.2.2.By Sub System
9.4.2.2.3.By Application
9.4.2.2.4.By Frequency
9.4.2.2.5.By End Use
10.Middle East and Africa LEO Satellite Market Outlook
10.1.Market Size & Forecast
10.1.1.By Value
10.2.Market Share & Forecast
10.2.1.By Size
10.2.2.By Sub System
10.2.3.By Application
10.2.4.By Frequency
10.2.5.By End Use
10.2.6.By Country (Saudi Arabia, Iran, Israel, UAE, Turkey)
10.3.Product Market Map (By Size, By Country)
10.4.Middle East and Africa: Country Analysis
10.4.1.Iran LEO Satellite Market Outlook
10.4.1.1.Market Size & Forecast
10.4.1.1.1.By Value
10.4.1.2.Market Share & Forecast
10.4.1.2.1.By Size
10.4.1.2.2.By Sub System
10.4.1.2.3.By Application
10.4.1.2.4.By Frequency
10.4.1.2.5.By End Use
10.4.2.Saudi Arabia LEO Satellite Market Outlook
10.4.2.1.Market Size & Forecast
10.4.2.1.1.By Value
10.4.2.2.Market Share & Forecast
10.4.2.2.1.By Size
10.4.2.2.2.By Sub System
10.4.2.2.3.By Application
10.4.2.2.4.By Frequency
10.4.2.2.5.By End Use
10.4.3.UAE LEO Satellite Market Outlook
10.4.3.1.Market Size & Forecast
10.4.3.1.1.By Value
10.4.3.2.Market Share & Forecast
10.4.3.2.1.By Size
10.4.3.2.2.By Sub System
10.4.3.2.3.By Application
10.4.3.2.4.By Frequency
10.4.3.2.5.By End Use
10.4.4.Israel LEO Satellite Market Outlook
10.4.4.1.Market Size & Forecast
10.4.4.1.1.By Value
10.4.4.2.Market Share & Forecast
10.4.4.2.1.By Size
10.4.4.2.2.By Sub System
10.4.4.2.3.By Application
10.4.4.2.4.By Frequency
10.4.4.2.5.By End Use
10.4.5.Turkey LEO Satellite Market Outlook
10.4.5.1.Market Size & Forecast
10.4.5.1.1.By Value
10.4.5.2.Market Share & Forecast
10.4.5.2.1.By Size
10.4.5.2.2.By Sub System
10.4.5.2.3.By Application
10.4.5.2.4.By Frequency
10.4.5.2.5.By End Use
11.Market Dynamics
11.1.Drivers
11.2.Challenges
12.Market Trends and Developments
13.Competitive Landscape
13.1.Company Profiles (Partial List of Leading Companies)
13.1.1.L3Harris Technologies
13.1.2.SpaceX
13.1.3.Honeywell International Inc.
13.1.4.Airbus
13.1.5.Lockheed Martin
13.1.6.Northrop Grumman Corporation
13.1.7.Antrix Corporation Limited
13.1.8.Apstar
13.1.9.Ariane Group
13.1.10.Ball Aerospace & Technologies Corp
14.Strategic Recommendations

Report Title: LEO Satellite Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Size (Femto; Pico; Nano; Micro; Mini), By Sub System (Satellite Bus, Payloads, Solar Panels, Satellite Antenna, Others), By Application (Communication, Earth Observation & Remote Sensing, Scientific Technology, Others), By Frequency (L- Band, S-Band, C-Band, X-Band, Ku-Band, Ka-Band, Others), By End Use (Commercial, Government & Military), and By Region


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