Lucintel Forecasts the Global Leo Satellite Market to Reach $25.5 billion by 2030
Lucintel Forecasts the Global Leo Satellite Market to Reach $25.5 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global leo satellite market looks promising with opportunities in the communication & navigation, earth observation and remote sensing, surveillance, and scientific markets. The global leo satellite market is expected to reach an estimated $25.5 billion billion by 2030 with a CAGR of 15.0% from 2024 to 2030. The major drivers for this market are rising connectivity of electronic devices, growing demand for low-cost broadband among individual consumers, and expanding trend for satellite miniaturization.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in leo satellite market to 2030 by type (small satellite, medium satellite, large satellite, and cube satellite), frequency (L- band, S-band, X-band, C-band, Ka-band, Ku-band, and others), application (communication & navigation, earth observation and remote sensing, surveillance, scientific, and others), end use (commercial, government & military, civil, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, small satellite, medium satellite, large satellite, and cube satellite are the major segments of leo satellite market by type. Lucintel forecasts that small satellite will remain the largest segment over the forecast period.
Within this market, communication & navigation will remain the largest segment over the forecast period.
Download sample by clicking on leo satellite market
North America will remain the largest region over the forecast period.
Honeywell International, Lockheed Martin, Airbus, L3Harris Technologies, and SPACEX are the major suppliers in the leo satellite market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
Explore Our Latest Publications
Internet Protocol Television Market in Canada
Hemorrhoid Treatment Devices Market in Canada
Home Medical Equipment Market in Canada
Peripheral Neuropathy Market in Canada
Acetaldehyde Market in Canada
Anhydrous Hydrogen Fluoride Market in Canada