Global LEO and GEO Satellite Market Size study, by Orbit Type by Application By End-Use and Regional Forecasts 2022-2032

Description

List of Tables

Global LEO and GEO Satellite Market is valued approximately USD 15.4 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 14.30 % over the forecast period 2024-2032. A low Earth orbit (LEO) is an orbit that revolves around the Earth at a height of between 160 km (99 mi) and 2,000 km (1,200 mi) with an orbital period of around 88 minutes and 127 minutes, respectively. A low-Earth orbit satellite is capable of tracking events on land and in water. Moreover, an Earth-orbiting satellite that is positioned straight above the equator at a height of roughly 22,300 miles or 35,800 kilometers is known as a geostationary satellite. Furthermore, GEO satellites are incorporating advanced technologies such as high-throughput satellites (HTS), which provide significantly increased data transmission capacity. These advancements are improving the efficiency and capabilities of GEO satellites. Thus, these trends further drive demand for the Global LEO and GEO Satellite Market during the forecast period.

Governments and military organizations worldwide significantly drive the Global LEO and GEO Satellite Market due to their reliance on these satellites for critical operations. LEO satellites are essential for high-resolution Earth observation, real-time surveillance, and secure, low-latency communications, enabling timely and effective responses to security threats and natural disasters. This capability supports various military and intelligence operations, enhancing national security and strategic planning. Furthermore, GEO satellites, with their ability to provide consistent and broad coverage, are indispensable for secure global communications, weather monitoring, and navigation systems crucial for military and governmental functions. They ensure reliable connectivity for defense communications, remote sensing, and command-and-control operations. Additionally, government initiatives to bridge the digital divide and enhance public services in remote areas further stimulate demand. The continuous need for advanced and reliable satellite-based solutions for defense, security, and public welfare drives substantial growth in the Global LEO And GEO Satellite Markets. However, Space Debris and Collision Risks will stifle market growth between 2022 and 2032.

The key regions considered for the Global LEO and GEO Satellite market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America was the largest regional market in terms of revenue. The North American LEO and GEO satellite markets are characterized by robust growth driven by technological innovation, substantial private investment, and strong demand from governmental and military sectors. The region's leadership in satellite technology and supportive regulatory frameworks foster a dynamic and competitive market environment. Managing challenges such as space debris and ensuring sustainable growth are critical for the continued expansion of these markets. Companies like SpaceX (with its Starlink constellation), Amazon (Project Kuiper), and OneWeb are leading the charge in deploying large LEO constellations aimed at providing global broadband internet. These ventures have attracted significant private investment, reducing reliance on government funding and driving rapid market growth. The market in Asia Pacific is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:

Furuno Electric
Inmarsat plc.
Qualcomm Inc
INTELSAT S.A.
Texas Instruments Incorporated
The Boeing Company
Lockheed Martin Corporation
L3 Harris Corporation
Mitsubishi Electric Corporation
Thales Group

The detailed segments and sub-segment of the market are explained below:

By Orbit Type

Low Earth Orbit
Geostationary Earth Orbit

By Application

Telecommunication
Earth & space observation
Scientific research
Navigation
Others

By End-Use

Commercial
Government & Military
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global LEO and GEO Satellite Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Global LEO and GEO Satellite Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By Orbit Type
- 2.3.2. By Application
- 2.3.3. By End-Use
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Global LEO and GEO Satellite Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Global LEO and GEO Satellite Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global LEO and GEO Satellite Market Size & Forecasts by Orbit Type 2022-2032

5.1. Low Earth Orbit
5.2. Geostationary Earth Orbit

Chapter 6. Global LEO and GEO Satellite Market Size & Forecasts by Application 2022-2032

6.1. Telecommunication
6.2. Earth & space observation
6.3. Scientific research
6.4. Navigation
6.5. Others

Chapter 7. Global LEO and GEO Satellite Market Size & Forecasts by End-Use 2022-2032

7.1. Commercial
7.2. Government & Military
7.3. Others

Chapter 8. Global LEO and GEO Satellite Market Size & Forecasts by Region 2022-2032

8.1. North America LEO and GEO Satellite Market
- 8.1.1. U.S. LEO and GEO Satellite Market
  - 8.1.1.1. Orbit Type breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Application breakdown size & forecasts, 2022-2032
  - 8.1.1.3. End-Use breakdown size & forecasts, 2022-2032
- 8.1.2. Canada LEO and GEO Satellite Market
8.2. Europe LEO and GEO Satellite Market
- 8.2.1. U.K. LEO and GEO Satellite Market
- 8.2.2. Germany LEO and GEO Satellite Market
- 8.2.3. France LEO and GEO Satellite Market
- 8.2.4. Spain LEO and GEO Satellite Market
- 8.2.5. Italy LEO and GEO Satellite Market
- 8.2.6. Rest of Europe LEO and GEO Satellite Market
8.3. Asia-Pacific LEO and GEO Satellite Market
- 8.3.1. China LEO and GEO Satellite Market
- 8.3.2. India LEO and GEO Satellite Market
- 8.3.3. Japan LEO and GEO Satellite Market
- 8.3.4. Australia LEO and GEO Satellite Market
- 8.3.5. South Korea LEO and GEO Satellite Market
- 8.3.6. Rest of Asia Pacific LEO and GEO Satellite Market
8.4. Latin America LEO and GEO Satellite Market
- 8.4.1. Brazil LEO and GEO Satellite Market
- 8.4.2. Mexico LEO and GEO Satellite Market
- 8.4.3. Rest of Latin America LEO and GEO Satellite Market
8.5. Middle East & Africa LEO and GEO Satellite Market
- 8.5.1. Saudi Arabia LEO and GEO Satellite Market
- 8.5.2. South Africa LEO and GEO Satellite Market
- 8.5.3. Rest of Middle East & Africa LEO and GEO Satellite Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Furuno Electric
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Inmarsat plc.
- 9.3.3. Qualcomm Inc
- 9.3.4. INTELSAT S.A.
- 9.3.5. Texas Instruments Incorporated
- 9.3.6. The Boeing Company
- 9.3.7. Lockheed Martin Corporation
- 9.3.8. L3 Harris Corporation
- 9.3.9. Mitsubishi Electric Corporation
- 9.3.10. Thales Group

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Global LEO and GEO Satellite market, report scope
TABLE 2. Global LEO and GEO Satellite market estimates & forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global LEO and GEO Satellite market estimates & forecasts by Orbit Type 2022-2032 (USD Billion)
TABLE 4. Global LEO and GEO Satellite market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 5. Global LEO and GEO Satellite market estimates & forecasts by End-Use 2022-2032 (USD Billion)
TABLE 6. Global LEO and GEO Satellite market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Global LEO and GEO Satellite market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Global LEO and GEO Satellite market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Global LEO and GEO Satellite market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Global LEO and GEO Satellite market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Global LEO and GEO Satellite market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Global LEO and GEO Satellite market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Global LEO and GEO Satellite market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Global LEO and GEO Satellite market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Global LEO and GEO Satellite market by region, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. U.S. LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. U.S. LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. Canada LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. Canada LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. Canada LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. UK LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. UK LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. UK LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Germany LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Germany LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Germany LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. France LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. France LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. France LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31. Italy LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 32. Italy LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. Italy LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. Spain LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 35. Spain LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 36. Spain LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 37. RoE LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 38. RoE LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 39. RoE LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 40. China LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 41. China LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 42. China LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 43. India LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 44. India LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 45. India LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 46. Japan LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 47. Japan LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 48. Japan LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 49. Australia LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 50. Australia LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 51. Australia LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 52. South Korea LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 53. South Korea LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 54. South Korea LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 55.
TABLE 56. RoAPAC LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 57. RoAPAC LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 58. RoAPAC LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 59. Brazil LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 60. Brazil LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 61. Brazil LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 62. Mexico LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 63. Mexico LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 64. Mexico LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 65. RoLA LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 66. RoLA LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 67. RoLA LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 68. Saudi Arabia LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 69. Saudi Arabia LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 70. Saudi Arabia LEO and GEO Satellite market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 71. South Africa LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 72.
TABLE 73. South Africa LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 74. South Africa LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 75. RoMEA LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 76. RoMEA LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 77. RoMEA LEO and GEO Satellite market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 78. List of secondary sources, used in the study of Global LEO and GEO Satellite Market.
TABLE 79. List of primary sources, used in the study of Global LEO and GEO Satellite Market.
TABLE 80. Years considered for the study.
TABLE 81. Exchange rates considered

LIST OF FIGURES

FIG 1. Global LEO and GEO Satellite market, research methodology
FIG 2. Global LEO and GEO Satellite market, market estimation techniques
FIG 3. Global market size estimates & forecast methods.
FIG 4. Global LEO and GEO Satellite market, key trends 2023
FIG 5. Global LEO and GEO Satellite market, growth prospects 2022-2032
FIG 6. Global LEO and GEO Satellite market, porters 5 force model
FIG 7. Global LEO and GEO Satellite market, pestel analysis
FIG 8. Global LEO and GEO Satellite market, value chain analysis
FIG 9. Global LEO and GEO Satellite market by segment, 2022 & 2032 (USD Billion)
FIG 10. Global LEO and GEO Satellite market by segment, 2022 & 2032 (USD Billion)
FIG 11. Global LEO and GEO Satellite market by segment, 2022 & 2032 (USD Billion)
FIG 12. Global LEO and GEO Satellite market by segment, 2022 & 2032 (USD Billion)
FIG 13. Global LEO and GEO Satellite market by segment, 2022 & 2032 (USD Billion)
FIG 14. Global LEO and GEO Satellite market, regional snapshot 2022 & 2032
FIG 15. North America LEO and GEO Satellite market 2022 & 2032 (USD Billion)
FIG 16. Europe LEO and GEO Satellite market 2022 & 2032 (USD Billion)
FIG 17. Asia pacific LEO and GEO Satellite market 2022 & 2032 (USD Billion)
FIG 18. Latin America LEO and GEO Satellite market 2022 & 2032 (USD Billion)
FIG 19. Middle East & Africa LEO and GEO Satellite market 2022 & 2032 (USD Billion)
FIG 20. Global LEO and GEO Satellite market, company market share analysis (2023)