LEO Satellite Market Size 2025-2029
The LEO satellite market size is forecast to increase by USD 11.98 billion at a CAGR of 19% between 2024 and 2029.
- The market is experiencing significant growth due to the increasing demand for commercial satellite imaging and the proliferation of small satellites. Earth observation applications, such as agriculture monitoring, disaster management, and infrastructure development, are driving the market's expansion. Additionally, the growing adoption of satellite-based telemetry applications in various industries, including transportation and logistics, is fueling market growth. However, the market is facing challenges from stringent government regulations and the need for significant investment in infrastructure and technology. Furthermore, the integration of satellite technology with IoT platforms and the emergence of satellite internet are expected to provide new opportunities for market growth. Overall, the market is poised for strong expansion, driven by the increasing demand for advanced satellite applications in various sectors.
What will be the Size of the LEO Satellite Market During the Forecast Period?
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1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Market Segmentation by Propulsion
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
- 5.1 Global LEO Satellite Market 2019 - 2023
- Historic Market Size - Data Table on Global LEO Satellite Market 2019 - 2023 ($ million)
- 5.2 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)
- 5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)
- 5.4 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)
- 5.5 Propulsion segment analysis 2019 - 2023
- Historic Market Size - Propulsion Segment 2019 - 2023 ($ million)
- 5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)
- 5.7 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI in the global LEO satellite market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029
- 7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by End-user
- 8.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)
- 8.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 8.3 Commercial use - Market size and forecast 2024-2029
- Chart on Commercial use - Market size and forecast 2024-2029 ($ million)
- Data Table on Commercial use - Market size and forecast 2024-2029 ($ million)
- Chart on Commercial use - Year-over-year growth 2024-2029 (%)
- Data Table on Commercial use - Year-over-year growth 2024-2029 (%)
- 8.4 Government and military use - Market size and forecast 2024-2029
- Chart on Government and military use - Market size and forecast 2024-2029 ($ million)
- Data Table on Government and military use - Market size and forecast 2024-2029 ($ million)
- Chart on Government and military use - Year-over-year growth 2024-2029 (%)
- Data Table on Government and military use - Year-over-year growth 2024-2029 (%)
- 8.5 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 8.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)
- 9.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type
- 9.3 Small satellite - Market size and forecast 2024-2029
- Chart on Small satellite - Market size and forecast 2024-2029 ($ million)
- Data Table on Small satellite - Market size and forecast 2024-2029 ($ million)
- Chart on Small satellite - Year-over-year growth 2024-2029 (%)
- Data Table on Small satellite - Year-over-year growth 2024-2029 (%)
- 9.4 Medium satellite - Market size and forecast 2024-2029
- Chart on Medium satellite - Market size and forecast 2024-2029 ($ million)
- Data Table on Medium satellite - Market size and forecast 2024-2029 ($ million)
- Chart on Medium satellite - Year-over-year growth 2024-2029 (%)
- Data Table on Medium satellite - Year-over-year growth 2024-2029 (%)
- 9.5 Large satellite - Market size and forecast 2024-2029
- Chart on Large satellite - Market size and forecast 2024-2029 ($ million)
- Data Table on Large satellite - Market size and forecast 2024-2029 ($ million)
- Chart on Large satellite - Year-over-year growth 2024-2029 (%)
- Data Table on Large satellite - Year-over-year growth 2024-2029 (%)
- 9.6 Cube satellite - Market size and forecast 2024-2029
- Chart on Cube satellite - Market size and forecast 2024-2029 ($ million)
- Data Table on Cube satellite - Market size and forecast 2024-2029 ($ million)
- Chart on Cube satellite - Year-over-year growth 2024-2029 (%)
- Data Table on Cube satellite - Year-over-year growth 2024-2029 (%)
- 9.7 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by Application
- 10.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)
- 10.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 10.3 Communication - Market size and forecast 2024-2029
- Chart on Communication - Market size and forecast 2024-2029 ($ million)
- Data Table on Communication - Market size and forecast 2024-2029 ($ million)
- Chart on Communication - Year-over-year growth 2024-2029 (%)
- Data Table on Communication - Year-over-year growth 2024-2029 (%)
- 10.4 Earth observation and remote sensing - Market size and forecast 2024-2029
- Chart on Earth observation and remote sensing - Market size and forecast 2024-2029 ($ million)
- Data Table on Earth observation and remote sensing - Market size and forecast 2024-2029 ($ million)
- Chart on Earth observation and remote sensing - Year-over-year growth 2024-2029 (%)
- Data Table on Earth observation and remote sensing - Year-over-year growth 2024-2029 (%)
- 10.5 Scientific research - Market size and forecast 2024-2029
- Chart on Scientific research - Market size and forecast 2024-2029 ($ million)
- Data Table on Scientific research - Market size and forecast 2024-2029 ($ million)
- Chart on Scientific research - Year-over-year growth 2024-2029 (%)
- Data Table on Scientific research - Year-over-year growth 2024-2029 (%)
- 10.6 Technology - Market size and forecast 2024-2029
- Chart on Technology - Market size and forecast 2024-2029 ($ million)
- Data Table on Technology - Market size and forecast 2024-2029 ($ million)
- Chart on Technology - Year-over-year growth 2024-2029 (%)
- Data Table on Technology - Year-over-year growth 2024-2029 (%)
- 10.7 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)
- 10.8 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
11 Market Segmentation by Propulsion
- 11.1 Market segments
- Chart on Propulsion - Market share 2024-2029 (%)
- Data Table on Propulsion - Market share 2024-2029 (%)
- 11.2 Comparison by Propulsion
- Chart on Comparison by Propulsion
- Data Table on Comparison by Propulsion
- 11.3 Liquid fuel - Market size and forecast 2024-2029
- Chart on Liquid fuel - Market size and forecast 2024-2029 ($ million)
- Data Table on Liquid fuel - Market size and forecast 2024-2029 ($ million)
- Chart on Liquid fuel - Year-over-year growth 2024-2029 (%)
- Data Table on Liquid fuel - Year-over-year growth 2024-2029 (%)
- 11.4 Electric - Market size and forecast 2024-2029
- Chart on Electric - Market size and forecast 2024-2029 ($ million)
- Data Table on Electric - Market size and forecast 2024-2029 ($ million)
- Chart on Electric - Year-over-year growth 2024-2029 (%)
- Data Table on Electric - Year-over-year growth 2024-2029 (%)
- 11.5 Gas-based - Market size and forecast 2024-2029
- Chart on Gas-based - Market size and forecast 2024-2029 ($ million)
- Data Table on Gas-based - Market size and forecast 2024-2029 ($ million)
- Chart on Gas-based - Year-over-year growth 2024-2029 (%)
- Data Table on Gas-based - Year-over-year growth 2024-2029 (%)
- 11.6 Market opportunity by Propulsion
- Market opportunity by Propulsion ($ million)
- Data Table on Market opportunity by Propulsion ($ million)
12 Customer Landscape
- 12.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
13 Geographic Landscape
- 13.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)
- 13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 13.3 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)
- 13.4 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)
- 13.5 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)
- 13.6 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- 13.7 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)
- 13.8 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)
- 13.9 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)
- 13.10 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)
- 13.11 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)
- 13.12 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)
- 13.13 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)
- 13.14 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)
- 13.15 Italy - Market size and forecast 2024-2029
- Chart on Italy - Market size and forecast 2024-2029 ($ million)
- Data Table on Italy - Market size and forecast 2024-2029 ($ million)
- Chart on Italy - Year-over-year growth 2024-2029 (%)
- Data Table on Italy - Year-over-year growth 2024-2029 (%)
- 13.16 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)
- 13.17 Brazil - Market size and forecast 2024-2029
- Chart on Brazil - Market size and forecast 2024-2029 ($ million)
- Data Table on Brazil - Market size and forecast 2024-2029 ($ million)
- Chart on Brazil - Year-over-year growth 2024-2029 (%)
- Data Table on Brazil - Year-over-year growth 2024-2029 (%)
- 13.18 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
14 Drivers, Challenges, and Opportunity/Restraints
- 14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029
- 14.4 Market opportunities/restraints
15 Competitive Landscape
- 15.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 15.3 Landscape disruption
- Overview on factors of disruption
- 15.4 Industry risks
- Impact of key risks on business
16 Competitive Analysis
- 16.2 Company ranking index
- 16.3 Market positioning of companies
- Matrix on companies position and classification
- 16.4 Airbus SE
- Airbus SE - Overview
- Airbus SE - Business segments
- Airbus SE - Key news
- Airbus SE - Key offerings
- Airbus SE - Segment focus
- SWOT
- 16.5 GomSpace Group AB
- GomSpace Group AB - Overview
- GomSpace Group AB - Product / Service
- GomSpace Group AB - Key offerings
- SWOT
- 16.6 Honeywell International Inc.
- Honeywell International Inc. - Overview
- Honeywell International Inc. - Business segments
- Honeywell International Inc. - Key news
- Honeywell International Inc. - Key offerings
- Honeywell International Inc. - Segment focus
- SWOT
- 16.7 Kepler Communications Inc.
- Kepler Communications Inc. - Overview
- Kepler Communications Inc. - Product / Service
- Kepler Communications Inc. - Key offerings
- SWOT
- 16.8 L3Harris Technologies Inc.
- L3Harris Technologies Inc. - Overview
- L3Harris Technologies Inc. - Business segments
- L3Harris Technologies Inc. - Key news
- L3Harris Technologies Inc. - Key offerings
- L3Harris Technologies Inc. - Segment focus
- SWOT
- 16.9 Lockheed Martin Corp.
- Lockheed Martin Corp. - Overview
- Lockheed Martin Corp. - Business segments
- Lockheed Martin Corp. - Key news
- Lockheed Martin Corp. - Key offerings
- Lockheed Martin Corp. - Segment focus
- SWOT
- 16.10 Maxar Technologies Inc.
- Maxar Technologies Inc. - Overview
- Maxar Technologies Inc. - Product / Service
- Maxar Technologies Inc. - Key news
- Maxar Technologies Inc. - Key offerings
- SWOT
- 16.11 Northrop Grumman Corp.
- Northrop Grumman Corp. - Overview
- Northrop Grumman Corp. - Business segments
- Northrop Grumman Corp. - Key news
- Northrop Grumman Corp. - Key offerings
- Northrop Grumman Corp. - Segment focus
- SWOT
- 16.12 OHB SE
- OHB SE - Overview
- OHB SE - Business segments
- OHB SE - Key offerings
- OHB SE - Segment focus
- SWOT
- 16.13 OneWeb Holdings Ltd.
- OneWeb Holdings Ltd. - Overview
- OneWeb Holdings Ltd. - Product / Service
- OneWeb Holdings Ltd. - Key offerings
- SWOT
- 16.14 RTX Corp.
- RTX Corp. - Overview
- RTX Corp. - Business segments
- RTX Corp. - Key news
- RTX Corp. - Key offerings
- RTX Corp. - Segment focus
- SWOT
- 16.15 Sierra Nevada Corp.
- Sierra Nevada Corp. - Overview
- Sierra Nevada Corp. - Product / Service
- Sierra Nevada Corp. - Key offerings
- SWOT
- 16.16 Space Exploration Technologies Corp.
- Space Exploration Technologies Corp. - Overview
- Space Exploration Technologies Corp. - Product / Service
- Space Exploration Technologies Corp. - Key offerings
- SWOT
- 16.17 Thales Group
- Thales Group - Overview
- Thales Group - Business segments
- Thales Group - Key news
- Thales Group - Key offerings
- Thales Group - Segment focus
- SWOT
- 16.18 The Boeing Co.
- The Boeing Co. - Overview
- The Boeing Co. - Business segments
- The Boeing Co. - Key news
- The Boeing Co. - Key offerings
- The Boeing Co. - Segment focus
- SWOT
17 Appendix
- 17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 17.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 17.4 Research methodology
- 17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 17.9 360 degree market analysis
- 360 degree market analysis
- 17.10 List of abbreviations
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