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.
Request for a Free Sample Copy of Report at www.strategymrc.com/report/low-earth-orbit-leo-satellites-market/request-sample
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
If Any Query? Ask Our Industry Expert at www.strategymrc.com/report/low-earth-orbit-leo-satellites-market/request-customization
Explore the list of attractive markets during this time of Pandemic @ www.strategymrc.com/covid-19-impact-reports
About Us:
StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments.
Contact Us:
Stratistics Market Research Consulting
Phone: +1-301-202-5929
Email: info@strategymrc.com
Website: www.strategymrc.com/
Twitter:twitter.com/StratisticsMRC
LinkedIn: www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile