LEO Terminal Market, Opportunity, Growth Drivers, Industry Trend Analysis and Forecast, 2024-2032

Description

The Global LEO Terminal Market size is set to record over 20% CAGR during 2024-2032 led by surging demand for high-speed, low-latency satellite communications. With the escalating need for dependable internet connectivity especially in remote and underserved areas, LEO satellite constellations have emerged as a prime solution, offering global coverage and superior network performance. For instance, in July 2024, Q-KON unveiled its latest OneWeb Twoobii-LEO user terminals.

Advancements in satellite design, notably miniaturization, and enhanced launch efficiency, have rendered LEO constellations both economically viable and widely accessible. This evolution is bolstered by substantial investments from private entities and government-backed initiatives, all aimed at broadening satellite networks and their supporting infrastructure.

The overall industry is divided into service type, component, technology, deployment mode, frequency band, end-use, and region.

Based on technology, the LEO terminal market size from the reflector antennas segment is expected to generate notable revenue by 2032 due to their ability to provide high-gain and precise signal reception, which is crucial for maintaining reliable communication with low Earth orbit satellites. Reflector antennas offer superior performance in terms of signal strength and coverage, which is essential for the effective operation of LEO satellite constellations that require consistent and high-quality data transmission.

In terms of end use, the LEO terminal market from the commercial segment is projected to observe a robust CAGR during 2024 - 2032. This surge is attributed to the rising demand for swift satellite connectivity across diverse applications, from enterprise communications to data-heavy services. The urgency for fast internet in remote locales, coupled with the momentum of digital transformation, will fuel segment expansion.

North America LEO terminal industry size will grow substantially between 2024 and 2032. With a robust technological infrastructure and a strong focus on digital transformation, businesses and consumers in the region are seeking reliable, low-latency solutions to support a wide array of applications, from remote work and online streaming to IoT and smart city initiatives. These factors will define the regional market growth.

Product Code: 10324

Chapter 1 Scope and Methodology

1.1 Market scope and definition
1.2 Base estimates and calculations
1.3 Forecast parameters
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Industry 360º synopsis, 2024 - 2032
2.2 Business trends
- 2.2.1 Total addressable market (TAM), 2024-2032

Chapter 3 Industry Insights

3.1 Industry ecosystem analysis
3.2 Vendor matrix
3.3 Technology and innovation landscape
3.4 Patent analysis
3.5 Key news and initiatives
3.6 Regulatory landscape
3.7 Impact forces
- 3.7.1 Growth drivers
  - 3.7.1.1 Increasing demand for portable terminals for high-speed connectivity in remote and underserved regions
  - 3.7.1.2 Growing adoption of IoT connection
  - 3.7.1.3 Technological advancements in LEO terminal and rise in service sectors
  - 3.7.1.4 Growth in broadband and portable communications requirements
  - 3.7.1.5 Rise in deployment and commercialization of LEO satellite constellations
- 3.7.2 Industry pitfalls and challenges
  - 3.7.2.1 Technical complexity and interoperability
  - 3.7.2.2 High initial investment
3.8 Growth potential analysis
3.9 Porter's analysis
- 3.9.1 Supplier power
- 3.9.2 Buyer power
- 3.9.3 Threat of new entrants
- 3.9.4 Threat of substitutes
- 3.9.5 Industry rivalry
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2023

4.1 Company market share analysis
4.2 Competitive positioning matrix
4.3 Strategic outlook matrix

Chapter 5 Market Estimates and Forecast, By Service Type, 2021 - 2032 (USD Million)

5.1 Key trends
5.2 Fixed satellite services (FSS)
5.3 Mobile satellite services (MSS)
5.4 Broadcast satellite services (BSS)

Chapter 6 Market Estimates and Forecast, By Component, 2021 - 2032 (USD Million and Units)

6.1 Key trends
6.2 Antenna systems
6.3 Transceivers
6.4 Modems and routers
6.5 Power amplifiers
6.6 Other

Chapter 7 Market Estimates and Forecast, By Technology, 2021 - 2032 (USD Million and Units)

7.1 Key trends
7.2 Phased array antennas
7.3 Reflector antennas
7.4 Electronically steered antennas
7.5 Mechanical steered antennas

Chapter 8 Market Estimates and Forecast, By Deployment Mode, 2021 - 2032 (USD Million and Units)

8.1 Key trends
8.2 Portable terminals
- 8.2.1 Fixed terminals
- 8.2.2 Vehicle-mounted terminals
8.3 Maritime terminals
8.4 Aero terminal

Chapter 9 Market Estimates and Forecast, By Frequency Band, 2021 - 2032 (USD Million and Units)

9.1 Key trends
9.2 Ku-band
9.3 Ka-band
9.4 X-band
9.5 S-band
9.6 L-band

Chapter 10 Market Estimates and Forecast, By End-Use, 2021 - 2032 (USD Million and Units)

10.1 Key trends
10.2 Commercial
10.3 Government and defense

Chapter 11 Market Estimates and Forecast, By Region, 2021 - 2032 (USD Million and Units)

11.1 Key trends
11.2 North America
- 11.2.1 U.S.
- 11.2.2 Canada
11.3 Europe
- 11.3.1 UK
- 11.3.2 Germany
- 11.3.3 France
- 11.3.4 Italy
- 11.3.5 Spain
- 11.3.6 Rest of Europe
11.4 Asia Pacific
- 11.4.1 China
- 11.4.2 India
- 11.4.3 Japan
- 11.4.4 South Korea
- 11.4.5 ANZ
- 11.4.6 Rest of Asia Pacific
11.5 Latin America
- 11.5.1 Brazil
- 11.5.2 Mexico
- 11.5.3 Rest of Latin America
11.6 MEA
- 11.6.1 UAE
- 11.6.2 Saudi Arabia
- 11.6.3 South Africa
- 11.6.4 Rest of MEA

Chapter 12 Company Profiles

12.1 Amazon.com, Inc.
12.2 Cobham SATCOM
12.3 Globalstar
12.4 Hughes Network Systems
12.5 Inmarsat
12.6 Iridium Communications
12.7 Kymeta Corporation
12.8 L3Harris Technologies
12.9 OneWeb
12.10 SES S.A.
12.11 SpaceX (Starlink)
12.12 ST Engineering iDirect
12.13 Telesat
12.14 Thales Alenia Space
12.15 Viasat, Inc.