According to Latest Study, the global market for LEO Satellite should grow from US$ 1907.7 million in 2022 to US$ 21210 million by 2029, with a CAGR of 41.3% for the period of 2023-2029.
Global key players of LEO satellite include Iridium Communications, SpaceX, Globalstar, Telesat, OneWeb Satellites, etc. The top five players hold a share about 95%. North America is the largest market, has a share about 74%, followed by Europe and China, with share 19% and 3%, separately.
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.
This report aims to provide a comprehensive study of the global market for LEO Satellite. Report Highlights:
(1) Global LEO Satellite market size (value), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global LEO Satellite market competitive situation, revenue and market share, from 2018 to 2022.
(3) China LEO Satellite market competitive situation, revenue and market share, from 2018 to 2022.
(4) Global LEO Satellite segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global LEO Satellite segment by type and by application and regional segment by type and by application.
(6) LEO Satellite industry supply chain, upstream, midstream and downstream analysis.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by type, covers
Commercial Satellites
Military Satellites
Scientific Satellites
Market segment by application, can be divided into
Asset Tracking
Power
Marine Ranching
Smart Containers
Ecological Monitoring
Smart Agriculture
Financial Industry
Others
Market segment by players, this report covers
Iridium Communications
SpaceX
Globalstar
Telesat
OneWeb Satellites
China Satellite Network Group Co., Ltd
1 Market Overview
1.1 Product Overview and Scope of LEO Satellite
1.2 Global LEO Satellite Market Size and Forecast
1.3 China LEO Satellite Market Size and Forecast
1.4 China Market Percentage in Global
1.4.1 By Revenue, China LEO Satellite Share in Global Market, 2018-2029
1.4.2 LEO Satellite Market Size: China VS Global, 2018-2029
1.5 LEO Satellite Market Dynamics
1.5.1 LEO Satellite Market Drivers
1.5.2 LEO Satellite Market Restraints
1.5.3 LEO Satellite Industry Trends
1.5.4 LEO Satellite Industry Policy
2 Global Competitive Situation by Company
2.1 Global LEO Satellite Revenue by Company (2018-2023)
2.2 Global LEO Satellite Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.3 Global LEO Satellite Concentration Ratio
2.4 Global LEO Satellite Mergers & Acquisitions, Expansion Plans
2.5 Global LEO Satellite Manufacturers Product Type
3 China Competitive Situation by Company
3.1 China LEO Satellite Revenue by Company (2018-2023)
3.2 China LEO Satellite LEO Satellite Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.3 China LEO Satellite, Revenue Percentage of Local Players VS Foreign Manufacturers (2018-2023)
4 Industry Chain Analysis
4.1 LEO Satellite Industry Chain
4.2 LEO Satellite Upstream Analysis
4.3 LEO Satellite Midstream Analysis
4.4 LEO Satellite Downstream Analysis
5 Sights by Type
5.1 LEO Satellite Classification
5.1.1 Commercial Satellites
5.1.2 Military Satellites
5.1.3 Scientific Satellites
5.2 By Type, Global LEO Satellite Market Size & CAGR, 2018 VS 2022 VS 2029
5.3 By Type, Global LEO Satellite Revenue, 2018-2029
6 Sights by Application
6.1 LEO Satellite Segment by Application
6.1.1 Asset Tracking
6.1.2 Power
6.1.3 Marine Ranching
6.1.4 Smart Containers
6.1.5 Ecological Monitoring
6.1.6 Smart Agriculture
6.1.7 Financial Industry
6.1.8 Others
6.2 By Application, Global LEO Satellite Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Application, Global LEO Satellite Revenue, 2018-2029
7 Sales Sights by Region
7.1 By Region, Global LEO Satellite Market Size, 2018 VS 2022 VS 2029
7.2 By Region, Global LEO Satellite Market Size, 2018-2029
7.3 North America
7.3.1 North America LEO Satellite Market Size & Forecasts, 2018-2029
7.3.2 By Country, North America LEO Satellite Market Size Market Share
7.4 Europe
7.4.1 Europe LEO Satellite Market Size & Forecasts, 2018-2029
7.4.2 By Country, Europe LEO Satellite Market Size Market Share
7.5 Asia Pacific
7.5.1 Asia Pacific LEO Satellite Market Size & Forecasts, 2018-2029
7.5.2 By Country/Region, Asia Pacific LEO Satellite Market Size Market Share
7.6 South America
7.6.1 South America LEO Satellite Market Size & Forecasts, 2018-2029
7.6.2 By Country, South America LEO Satellite Market Size Market Share
7.7 Middle East & Africa
8 Sights by Country Level
8.1 By Country, Global LEO Satellite Market Size & CAGR,2018 VS 2022 VS 2029
8.2 By Country, Global LEO Satellite Market Size, 2018-2029
8.3 U.S.
8.3.1 U.S. LEO Satellite Market Size, 2018-2029
8.3.2 By Company, U.S. LEO Satellite Revenue Market Share, 2018-2023
8.3.3 By Type, U.S. LEO Satellite Revenue Market Share, 2022 VS 2029
8.3.4 By Application, U.S. LEO Satellite Revenue Market Share, 2022 VS 2029
8.4 Europe
8.4.1 Europe LEO Satellite Market Size, 2018-2029
8.4.2 By Company, Europe LEO Satellite Revenue Market Share, 2018-2023
8.4.3 By Type, Europe LEO Satellite Revenue Market Share, 2022 VS 2029
8.4.4 By Application, Europe LEO Satellite Revenue Market Share, 2022 VS 2029
8.5 China
8.5.1 China LEO Satellite Market Size, 2018-2029
8.5.2 By Company, China LEO Satellite Revenue Market Share, 2018-2023
8.5.3 By Type, China LEO Satellite Revenue Market Share, 2022 VS 2029
8.5.4 By Application, China LEO Satellite Revenue Market Share, 2022 VS 2029
8.6 Japan
8.6.1 Japan LEO Satellite Market Size, 2018-2029
8.6.2 By Company, Japan LEO Satellite Revenue Market Share, 2018-2023
8.6.3 By Type, Japan LEO Satellite Revenue Market Share, 2022 VS 2029
8.6.4 By Application, Japan LEO Satellite Revenue Market Share, 2022 VS 2029
8.7 South Korea
8.7.1 South Korea LEO Satellite Market Size, 2018-2029
8.7.2 By Company, South Korea LEO Satellite Revenue Market Share, 2018-2023
8.7.3 By Type, South Korea LEO Satellite Revenue Market Share, 2022 VS 2029
8.7.4 By Application, South Korea LEO Satellite Revenue Market Share, 2022 VS 2029
8.8 Southeast Asia
8.8.1 Southeast Asia LEO Satellite Market Size, 2018-2029
8.8.2 By Company, Southeast Asia LEO Satellite Revenue Market Share, 2018-2023
8.8.3 By Type, Southeast Asia LEO Satellite Revenue Market Share, 2022 VS 2029
8.8.4 By Application, Southeast Asia LEO Satellite Revenue Market Share, 2022 VS 2029
8.9 India
8.9.1 India LEO Satellite Market Size, 2018-2029
8.9.2 By Company, India LEO Satellite Revenue Market Share, 2018-2023
8.9.3 By Type, India LEO Satellite Revenue Market Share, 2022 VS 2029
8.9.4 By Application, India LEO Satellite Revenue Market Share, 2022 VS 2029
8.10 Middle East & Asia
8.10.1 Middle East & Asia LEO Satellite Market Size, 2018-2029
8.10.2 By Company, Middle East & Asia LEO Satellite Revenue Market Share, 2018-2023
8.10.3 By Type, Middle East & Asia LEO Satellite Revenue Market Share, 2022 VS 2029
8.10.4 By Application, Middle East & Asia LEO Satellite Revenue Market Share, 2022 VS 2029
9 Global Manufacturers Profile
9.1 Iridium Communications
9.1.1 Iridium Communications Company Information, Head Office, Market Area and Industry Position
9.1.2 Iridium Communications Company Profile and Main Business
9.1.3 Iridium Communications LEO Satellite Models, Specifications and Application
9.1.4 Iridium Communications LEO Satellite Revenue and Gross Margin, 2018-2023
9.1.5 Iridium Communications Recent Developments
9.2 SpaceX
9.2.1 SpaceX Company Information, Head Office, Market Area and Industry Position
9.2.2 SpaceX Company Profile and Main Business
9.2.3 SpaceX LEO Satellite Models, Specifications and Application
9.2.4 SpaceX LEO Satellite Revenue and Gross Margin, 2018-2023
9.2.5 SpaceX Recent Developments
9.3 Globalstar
9.3.1 Globalstar Company Information, Head Office, Market Area and Industry Position
9.3.2 Globalstar Company Profile and Main Business
9.3.3 Globalstar LEO Satellite Models, Specifications and Application
9.3.4 Globalstar LEO Satellite Revenue and Gross Margin, 2018-2023
9.3.5 Globalstar Recent Developments
9.4 Telesat
9.4.1 Telesat Company Information, Head Office, Market Area and Industry Position
9.4.2 Telesat Company Profile and Main Business
9.4.3 Telesat LEO Satellite Models, Specifications and Application
9.4.4 Telesat LEO Satellite Revenue and Gross Margin, 2018-2023
9.4.5 Telesat Recent Developments
9.5 OneWeb Satellites
9.5.1 OneWeb Satellites Company Information, Head Office, Market Area and Industry Position
9.5.2 OneWeb Satellites Company Profile and Main Business
9.5.3 OneWeb Satellites LEO Satellite Models, Specifications and Application
9.5.4 OneWeb Satellites LEO Satellite Revenue and Gross Margin, 2018-2023
9.5.5 OneWeb Satellites Recent Developments
9.6 China Satellite Network Group Co., Ltd
9.6.1 China Satellite Network Group Co., Ltd Company Information, Head Office, Market Area and Industry Position
9.6.2 China Satellite Network Group Co., Ltd Company Profile and Main Business
9.6.3 China Satellite Network Group Co., Ltd LEO Satellite Models, Specifications and Application
9.6.4 China Satellite Network Group Co., Ltd LEO Satellite Revenue and Gross Margin, 2018-2023
9.6.5 China Satellite Network Group Co., Ltd Recent Developments
10 Conclusion
11 Appendix
11.1 Research Methodology
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Market Estimation Model
11.4 Disclaimer
Table 1. LEO Satellite Market Size & CAGR: China VS Global, (US$ Million), 2018-2029
Table 2. LEO Satellite Market Restraints
Table 3. LEO Satellite Market Trends
Table 4. LEO Satellite Industry Policy
Table 5. Global LEO Satellite Revenue by Company (2018-2023) & (US$ million)
Table 6. Global LEO Satellite Revenue Market Share by Company (2018-2023)
Table 7. Global LEO Satellite Manufacturers Market Concentration Ratio (CR3 and HHI)
Table 8. Global LEO Satellite Mergers & Acquisitions, Expansion Plans
Table 9. Global LEO Satellite Manufacturers Product Type
Table 10. China LEO Satellite Revenue by Company (2018-2023) & (US$ million)
Table 11. China LEO Satellite Revenue Market Share by Company (2018-2023)
Table 12. Global Key Players of LEO Satellite Upstream (Raw Materials)
Table 13. Global LEO Satellite Typical Customers
Table 14. LEO Satellite Typical Distributors
Table 15. By Type, Global LEO Satellite Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 16. By Application, Global LEO Satellite Revenue & CAGR, 2018 VS 2022 VS 2029, US$ Million
Table 17. By Region, Global LEO Satellite Market Size, 2018 VS 2022 VS 2029, US$ Million
Table 18. By Region, Global LEO Satellite Revenue, 2018-2029, US$ Million
Table 19. By Country, Global LEO Satellite Revenue & CAGR,2018 VS 2022 VS 2029, US$ Million
Table 20. By Country, Global LEO Satellite Revenue, 2018-2029, US$ Million
Table 21. By Country, Global LEO Satellite Revenue Market Share, 2018-2029
Table 22. Iridium Communications Company Information, Head Office, Market Area and Industry Position
Table 23. Iridium Communications Company Profile and Main Business
Table 24. Iridium Communications LEO Satellite Models, Specifications and Application
Table 25. Iridium Communications LEO Satellite Revenue and Gross Margin, 2018-2023
Table 26. Iridium Communications Recent Developments
Table 27. SpaceX Company Information, Head Office, Market Area and Industry Position
Table 28. SpaceX Company Profile and Main Business
Table 29. SpaceX LEO Satellite Models, Specifications and Application
Table 30. SpaceX LEO Satellite Revenue and Gross Margin, 2018-2023
Table 31. SpaceX Recent Developments
Table 32. Globalstar Company Information, Head Office, Market Area and Industry Position
Table 33. Globalstar Company Profile and Main Business
Table 34. Globalstar LEO Satellite Models, Specifications and Application
Table 35. Globalstar LEO Satellite Revenue and Gross Margin, 2018-2023
Table 36. Globalstar Recent Developments
Table 37. Telesat Company Information, Head Office, Market Area and Industry Position
Table 38. Telesat Company Profile and Main Business
Table 39. Telesat LEO Satellite Models, Specifications and Application
Table 40. Telesat LEO Satellite Revenue and Gross Margin, 2018-2023
Table 41. Telesat Recent Developments
Table 42. OneWeb Satellites Company Information, Head Office, Market Area and Industry Position
Table 43. OneWeb Satellites Company Profile and Main Business
Table 44. OneWeb Satellites LEO Satellite Models, Specifications and Application
Table 45. OneWeb Satellites LEO Satellite Revenue and Gross Margin, 2018-2023
Table 46. OneWeb Satellites Recent Developments
Table 47. China Satellite Network Group Co., Ltd Company Information, Head Office, Market Area and Industry Position
Table 48. China Satellite Network Group Co., Ltd Company Profile and Main Business
Table 49. China Satellite Network Group Co., Ltd LEO Satellite Models, Specifications and Application
Table 50. China Satellite Network Group Co., Ltd LEO Satellite Revenue and Gross Margin, 2018-2023
Table 51. China Satellite Network Group Co., Ltd Recent Developments
List of Figure
Figure 1. LEO Satellite Picture
Figure 2. Global LEO Satellite Industry Market Size and Forecast (US$ million) & (2018-2029)
Figure 3. China LEO Satellite Revenue and Forecast (US$ million) & (2018-2029)
Figure 4. 2018-2029 China LEO Satellite Market Share of Global
Figure 5. Global LEO Satellite Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 6. Global LEO Satellite Market Share by Company, (Tier 1, Tier 2 and Tier 3), 2018-2023
Figure 7. China LEO Satellite Key Participants, Market Share, 2021 VS 2022 VS 2023
Figure 8. China LEO Satellite Revenue, Domestic VS Import Products, Proportion of China Local Players and Foreign Players, 2018-2023
Figure 9. LEO Satellite Industry Chain
Figure 10. Commercial Satellites
Figure 11. Military Satellites
Figure 12. Scientific Satellites
Figure 13. By Type, Global LEO Satellite Revenue, 2018-2029, US$ Million
Figure 14. By Type, Global LEO Satellite Revenue Market Share, 2018-2029
Figure 15. Asset Tracking
Figure 16. Power
Figure 17. Marine Ranching
Figure 18. Smart Containers
Figure 19. Ecological Monitoring
Figure 20. Smart Agriculture
Figure 21. Financial Industry
Figure 22. Others
Figure 23. By Application, Global LEO Satellite Revenue, 2018-2029, US$ Million
Figure 24. By Application, Global LEO Satellite Revenue Market Share, 2018-2029
Figure 25. By Region, Global LEO Satellite Revenue Market Share, 2018-2029
Figure 26. North America LEO Satellite Revenue & Forecasts, 2018-2029, US$ Million
Figure 27. By Country, North America LEO Satellite Revenue Market Share, 2018-2023
Figure 28. Europe LEO Satellite Revenue & Forecasts, 2018-2029, US$ Million
Figure 29. By Country, Europe LEO Satellite Revenue Market Share, 2018-2023
Figure 30. Asia Pacific LEO Satellite Revenue & Forecasts, 2018-2029, US$ Million
Figure 31. By Country/Region, Asia Pacific LEO Satellite Revenue Market Share, 2018-2023
Figure 32. South America LEO Satellite Revenue & Forecasts, 2018-2029, US$ Million
Figure 33. By Country, South America LEO Satellite Revenue Market Share, 2018-2023
Figure 34. Middle East & Africa LEO Satellite Revenue & Forecasts, 2018-2029, US$ Million
Figure 35. U.S. LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 36. By Company, U.S. LEO Satellite Market Share, 2018-2023
Figure 37. By Type, U.S. LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 38. By Application, U.S. LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 39. Europe LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 40. By Company, Europe LEO Satellite Market Share, 2018-2023
Figure 41. By Type, Europe LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 42. By Application, Europe LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 43. China LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 44. By Company, China LEO Satellite Market Share, 2018-2023
Figure 45. By Type, China LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 46. By Application, China LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 47. Japan LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 48. By Company, Japan LEO Satellite Market Share, 2018-2023
Figure 49. By Type, Japan LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 50. By Application, Japan LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 51. South Korea LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 52. By Company, South Korea LEO Satellite Market Share, 2018-2023
Figure 53. By Type, South Korea LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 54. By Application, South Korea LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 55. Southeast Asia LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 56. By Company, Southeast Asia LEO Satellite Market Share, 2018-2023
Figure 57. By Type, Southeast Asia LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 58. By Application, Southeast Asia LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 59. India LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 60. By Company, India LEO Satellite Market Share, 2018-2023
Figure 61. By Type, India LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 62. By Application, India LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 63. Middle East & Asia LEO Satellite Revenue, 2018-2029, (US$ Million)
Figure 64. By Company, Middle East & Asia LEO Satellite Market Share, 2018-2023
Figure 65. By Type, Middle East & Asia LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 66. By Application, Middle East & Asia LEO Satellite Revenue Market Share, 2022 VS 2029
Figure 67. Research Methodology
Figure 68. Breakdown of Primary Interviews
Figure 69. Bottom-up Approaches
Figure 70. Top-down Approaches
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
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