Global LEO Satellite Market Research Report 2021

Low Earth Orbit (LEO) is an orbit around Earth with an altitude between the Earth's surface and 2,000 kilometers (1,200 mi), with an orbital period of between about 84 and 127 minutes. Objects below approximately 160 kilometers (99 mi) will experience very rapid orbital decay and altitude loss. This report focuses on LEO Satellite market.
The major players in global LEO Satellite market include SpaceX, Planet Labs, Boeing, etc. The top 3 LEO Satellite market players account for approximately 70% of the total global market. North America is the largest consumer market for LEO Satellite accounting for about 60%, followed by Europe and Asia-Pacific. In terms of Type, 50-500 Kg is the largest segment, with a share about 90%. Commercial is the main application, which holds a share about 90%.

Market Analysis and Insights: Global LEO Satellite Market
The global LEO Satellite market was valued at US$ 2824 million in 2020 and it is expected to reach US$ 11290 million by the end of 2027, growing at a CAGR of 15.9% during 2021-2027.

Global LEO Satellite Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global LEO Satellite Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Below 50 Kg
50-500 Kg
Above 500 Kg

Segment by Application
Commercial
Military
Others

By Company
SpaceX
Planet Labs
Boeing
Lockheed Martin
Thales Alenia Space
OneWeb Satellites
SSL (Space Systems Loral)
Northrop Grumman
ISS-Reshetnev
Kepler Communications

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE