LEO衛星市場 – 2030年までの世界予測

LEO Satellite Market - Global Forecast To 2030

LEO衛星市場 - サブシステム[衛星バス(コマンドおよびデータ処理、電力システム)、ペイロード(光学、赤外線、レーダー)、太陽電池パネル、衛星アンテナ]、衛星質量、用途、最終用途、周波数、および地域別 - 2030年までの世界予測
LEO Satellite Market by Subsystem [Satellite Bus (Command & Data Handling, Electric Power System), Payload (Optical, Infrared, Radar), Solar Panel, Satellite Antenna], Satellite Mass, Application, End Use, Frequency, and Region - Global Forecast to 2030

商品番号 : SMB-12987

出版社MarketsandMarkets
出版年月2025年6月
ページ数351
図表数375
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

本調査は、LEO衛星市場を様々なセグメントとサブセグメントにわたって分析しています。衛星の質量、サブシステム、アプリケーション、エンドユーザー、周波数帯域、地域といった様々な要因を分析することで、この市場の規模と成長の可能性を推定することを目的としています。さらに、本調査には、市場の主要プレーヤーに関する包括的な競合分析も含まれています。各社の企業プロフィール、ソリューションとビジネスオファリングに関する注目すべき考察、最近の動向、そして主要な市場戦略に関する洞察を提供しています。

本レポートを購入する主なメリット:本レポートは、市場リーダーと新規参入企業にとって、低軌道衛星市場全体とそのサブセグメントの収益予測に関する貴重な洞察を提供します。低軌道衛星市場のエコシステム全体を網羅しており、関係者が競争環境を理解し、事業のポジショニングを改善し、効果的な市場開拓戦略を策定するのに役立ちます。さらに、主要な推進要因、制約、課題、機会など、市場のダイナミクスに関する洞察も提供します。

The LEO satellite market is projected to reach USD 20.69 billion by 2030, from USD 11.81 billion in 2025. The increase in launches of LEO satellites for commercial, government, and defense applications is expected to drive market growth. This market presents significant opportunities for data service providers, satellite service providers, remote sensing service providers, technical service providers, and investors. Factors such as versatility, low costs, advanced mechanics, ease of assembly and launch, mass production capabilities, and short lifecycles have contributed to increased investment in LEO satellites. As new technologies emerge and more satellites become operational, the volume of satellite data and the range of applications for this data are expected to continue growing.

LEO衛星市場は、2025年の118億1,000万米ドルから、2030年には206億9,000万米ドルに達すると予測されています。商業、政府、防衛用途向けのLEO衛星の打ち上げ増加が市場の成長を牽引すると見込まれます。この市場は、データサービスプロバイダー、衛星サービスプロバイダー、リモートセンシングサービスプロバイダー、技術サービスプロバイダー、そして投資家にとって大きなビジネスチャンスを提供します。汎用性、低コスト、高度なメカニクス、組み立てと打ち上げの容易さ、大量生産能力、そして短いライフサイクルといった要因が、LEO衛星への投資増加に貢献しています。新たな技術が登場し、より多くの衛星が運用されるようになるにつれて、衛星データの量とそのデータの用途範囲は拡大し続けると予想されます。

LEO衛星市場 - 2030年までの世界予測
leo-satellite-market

“The payloads segment is expected to exhibit the fastest growth during the forecast period.”

The LEO satellite market has been categorized into different types based on subsystem, including satellite buses, payloads, solar panels, satellite antennas, and other subsystems. Among these, payloads are expected to witness the fastest growth during the forecast period. They are more complex than other subsystems due to the increasing demand for mission-specific instruments that support a wide range of applications, from climate monitoring to secure communications. Additionally, payloads are highly customizable and directly linked to the satellite’s intended use. They may include hyperspectral cameras for agriculture, synthetic aperture radar (SAR) for defense, or laser communication systems for high-speed data transfer. The demand for high-performance payloads is driven by the rise of data-driven services. For instance, small weather-monitoring satellites use sensors to track atmospheric conditions, while Earth observation missions employ advanced optical and thermal imagers to assist sectors such as urban planning and disaster response. Space observation missions utilize MEMS-based sensors and radiation detectors to achieve scientific objectives, and commercial platforms are increasingly integrating AI-enabled payloads to process data onboard. This increase in application-specific functionality, as well as decreasing costs for payload miniaturization and growing demand from both commercial and government satellite constellations, is contributing to the growth of this segment.

“The commercial segment is estimated to acquire the highest share in 2025.”

The LEO satellite market is divided into three categories based on end use: commercial, government & military, and dual use. Among these, the commercial segment is estimated to secure the leading position in 2025. The cost-effectiveness and ease of launching and building small satellites have dramatically improved, making it feasible to extend internet access to remote areas. Prominent companies like SPACX (US) and Amazon (US) are investing significantly in enhancing global internet coverage. Additionally, sectors such as agriculture, logistics, and smart cities rely on real-time information from satellites, which is propelling rapid growth in the commercial satellite industry. Advances in technology are also leading to smaller and more affordable satellites, thereby saving both money and time for launches. Governments play a supportive role by providing necessary permits and establishing regulations that help businesses operate more efficiently. These factors indicate that the commercial segment of the LEO satellite industry will continue to grow and remain the largest in the future.

LEO衛星市場 - 2030年までの世界予測 region
leo-satellite-market-region

“The Middle East & Africa is expected to be the fastest-growing region during the forecast period.”

The LEO satellite market is poised for rapid growth in the Middle East & Africa, subject to several advantages unique to the region. Internet access, particularly broadband, is becoming essential in urban areas, driven by ongoing digital transformation efforts. Meanwhile, geological conditions in parts of the Middle East & Africa make traditional terrestrial communication methods unfeasible, necessitating satellite technology to bridge the connectivity gap. Governments in this region support the advancement of space technology and address digital divides by implementing effective policies, creating regulatory frameworks, and offering investment incentives to encourage private sector participation. The demand for satellite technology has also been driven by initiatives such as remote community education, e-government services, and the increasing focus on smart city development. These factors position the Middle East & Africa as a strategic hub for continental trade and communications, facilitating the deployment of LEO satellite constellations. Partnerships between regional telecom operators and global satellite vendors, along with reduced launch costs from advancements in the satellite industry, are further making satellite services more affordable and accessible.

The breakdown of the profiles of primary participants in the LEO satellite market is as follows:

  • By Company Type: Tier 1 – 35%; Tier 2 – 35%; and Tier 3 – 20%
  • By Designation: C Level Executives – 35%; Directors – 25%; and Others – 40%
  • By Region: North America – 40%; Europe – 25%; Asia Pacific – 15%; Latin America – 10%; and Middle East & Africa – 10%

Major players in the LEO satellite market are L3Harris Technologies (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Airbus Defence and Space (Netherlands), and SPACEX (US).

LEO衛星市場 - 2030年までの世界予測 ecosystem
leo-satellite-market-ecosystem

Research Coverage

The study examines the LEO satellite market across various segments and subsegments. Its objective is to estimate the size and growth potential of this market by analyzing different factors such as satellite mass, subsystems, applications, end users, frequency bands, and regions. Additionally, the study includes a comprehensive competitive analysis of the key players in the market. It provides insights into their company profiles, notable observations regarding their solutions and business offerings, recent developments, and key market strategies they have adopted.

Key benefits of buying this report: This report provides valuable insights for market leaders and new entrants regarding the revenue projections for the overall LEO satellite market and its subsegments. It covers the complete ecosystem of the LEO satellite market, helping stakeholders understand the competitive landscape and enabling them to better position their businesses and develop effective go-to-market strategies. Additionally, the report offers insights into the market’s dynamics, including key drivers, constraints, challenges, and opportunities.

The report provides insights on the following pointers:

  • Analysis of key drivers, such as rising demand for satellite internet services, growing need for earth observation imagery and analytics, expanding satellite networks for internet access in underserved areas, and increasing launches of CubeSats
  • Product Development: In-depth product innovation/development analysis by companies across various regions
  • Market Development: Comprehensive information about lucrative markets
  • Market Diversification: Exhaustive information about new solutions, untapped geographies, recent developments, and investments in the LEO satellite market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like L3Harris Technologies, Inc. (US), Lockheed Martin Corporation (US), Northrop Grumman Corporation (US), Airbus Defence and Space (Germany), and SPACEX (US), among others

Table of Contents

1               INTRODUCTION              31

1.1           STUDY OBJECTIVES       31

1.2           MARKET DEFINITION   31

1.3           STUDY SCOPE   32

1.3.1        MARKETS COVERED AND REGIONAL SCOPE      32

1.3.2        INCLUSIONS AND EXCLUSIONS 33

1.3.3        YEARS CONSIDERED      33

1.4           CURRENCY CONSIDERED            33

1.5           STAKEHOLDERS               34

1.6           SUMMARY OF CHANGES               34

2               RESEARCH METHODOLOGY       35

2.1           RESEARCH DATA              35

2.1.1        SECONDARY DATA          36

2.1.1.1    Key data from secondary sources       37

2.1.2        PRIMARY DATA 37

2.1.2.1    Primary interview participants           37

2.1.2.2    Key data from primary sources           38

2.1.2.3    Breakdown of primary interviews      38

2.1.2.4    Insights from industry experts            39

2.2           FACTOR ANALYSIS          39

2.2.1        DEMAND-SIDE INDICATORS      39

2.2.2        SUPPLY-SIDE INDICATORS          40

2.3           MARKET SIZE ESTIMATION         40

2.3.1        BOTTOM-UP APPROACH              40

2.3.1.1    Market size estimation methodology 41

2.3.1.2    Regional split of LEO satellite market               41

2.3.2        TOP-DOWN APPROACH                41

2.4           DATA TRIANGULATION                42

2.5           RESEARCH ASSUMPTIONS           43

2.6           RESEARCH LIMITATIONS             44

2.7           RISK ASSESSMENT           44

3               EXECUTIVE SUMMARY  45

4               PREMIUM INSIGHTS       49

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LEO SATELLITE MARKET       49

4.2           LEO SATELLITE MARKET, BY APPLICATION        49

4.3           LEO SATELLITE MARKET, BY SATELLITE MASS  50

4.4           LEO SATELLITE MARKET, BY SUBSYSTEM            50

4.5           LEO SATELLITE MARKET, BY FREQUENCY           50

4.6           LEO SATELLITE MARKET, BY END USE  51

4.7           LEO SATELLITE MARKET, BY COUNTRY                51

5               MARKET OVERVIEW AND INDUSTRY TRENDS    52

5.1           INTRODUCTION              52

5.2           MARKET DYNAMICS       53

5.2.1        DRIVERS               53

5.2.1.1    Elevated demand for satellite internet services                53

5.2.1.2    Need for Earth observation imagery and analytics          54

5.2.1.3    Increasing launches of CubeSats        54

5.2.2        RESTRAINTS      55

5.2.2.1    Stringent government policies            55

5.2.2.2    Limited coverage and complexity of LEO satellites        55

5.2.3        OPPORTUNITIES              55

5.2.3.1    Potential applications of laser beam pointing technology                 55

5.2.3.2    Technological advances in electric propulsion systems, antennas, and ground stations              56

5.2.3.3    High adoption of software-defined technology                56

5.2.3.4    Booming 3D printing technology      56

5.2.4        CHALLENGES    57

5.2.4.1    Concerns over growing space debris 57

5.2.4.2    Complex supply chain management  57

5.3           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            57

5.4           VALUE CHAIN ANALYSIS               58

5.4.1        RESEARCH AND DEVELOPMENT               59

5.4.2        RAW MATERIAL                 59

5.4.3        COMPONENT/PRODUCT MANUFACTURING      59

5.4.4        ASSEMBLY AND INTEGRATION 59

5.4.5        POST-SALES SERVICE    59

5.5           PRICING ANALYSIS          59

5.5.1        AVERAGE SELLING PRICE, BY KEY PLAYER           59

5.5.2        INDICATIVE PRICING ANALYSIS, BY SATELLITE MASS                 61

5.6           OPERATIONAL DATA     61

5.7           VOLUME DATA 61

5.8           ECOSYSTEM ANALYSIS  62

5.8.1        PROMINENT COMPANIES            62

5.8.2        PRIVATE AND SMALL ENTERPRISES        62

5.8.3        END USERS         62

5.9           TARIFF AND REGULATORY LANDSCAPE               64

5.9.1        TARIFF DATA    64

5.9.2        REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS             65

5.10         TRADE DATA     68

5.10.1      IMPORT SCENARIO (HS CODE 880260)    68

5.10.2      EXPORT SCENARIO (HS CODE 880260)    69

5.11         KEY CONFERENCES AND EVENTS, 2025–2026        70

5.12         KEY STAKEHOLDERS AND BUYING CRITERIA     71

5.12.1      KEY STAKEHOLDERS IN BUYING PROCESS           71

5.12.2      BUYING CRITERIA           71

5.13         CASE STUDY ANALYSIS 72

5.13.1      IOT AND COMMUNICATION SATELLITES             72

5.13.2      SPACE-BASED WIRELESS MONITORING SYSTEMS                 72

5.13.3      MEASUREMENT OF MAGNETIC AND ELECTRIC FIELDS IN IONOSPHERE               73

5.13.4      REAL-TIME DATA FOR EMERGENCY SYSTEMS   73

5.13.5      SATELLITE RADIATION HARDNESS TEST              73

5.14         BUSINESS MODELS         74

5.14.1      BUILD TO ORDER            74

5.14.2      STANDARDIZED PLATFORMS    75

5.14.3      CONSTELLATION MANUFACTURING     75

5.15         BILL OF MATERIALS       76

5.16         TOTAL COST OF OWNERSHIP   78

5.17         INVESTMENT AND FUNDING SCENARIO               79

5.18         TECHNOLOGY ROADMAP            80

5.19         TECHNOLOGY ANALYSIS             81

5.19.1      KEY TECHNOLOGIES     81

5.19.1.1  CubeSat constellation          81

5.19.1.2  Miniaturization     82

5.19.2      COMPLEMENTARY TECHNOLOGIES       82

5.19.2.1  Hyperspectral and multispectral imaging         82

5.20         MACROECONOMIC OUTLOOK  83

5.20.1      NORTH AMERICA             83

5.20.2      EUROPE               83

5.20.3      ASIA PACIFIC     83

5.20.4      MIDDLE EAST   83

5.20.5      REST OF THE WORLD    84

5.21         US 2025 TARIFF IMPACT                84

5.21.1      INTRODUCTION              84

5.21.2      KEY TARIFF RATES          85

5.21.3      PRICE IMPACT ANALYSIS             85

5.21.4      IMPACT ON COUNTRY/REGION                86

5.21.4.1  US           86

5.21.4.2  Europe   87

5.21.4.3  Asia Pacific            87

5.21.5      IMPACT ON END-USE INDUSTRIES          87

5.21.5.1  Commercial           87

5.21.5.2  Government & military        87

5.21.5.3  Dual Use                88

5.22         TECHNOLOGY TRENDS                88

5.22.1      DEPLOYMENT OF LARGE CONSTELLATIONS OF LEO SATELLITES FOR GLOBAL COMMUNICATION SERVICES                 89

5.22.2      ADOPTION OF SATELLITES IN LEO ORBIT TO PROVIDE ENHANCED SPACE IMAGERY      89

5.22.3      DEVELOPMENT OF DEDICATED LAUNCH VEHICLES FOR LEO SATELLITES    90

5.22.4      3D PRINTING OF SATELLITE EQUIPMENT            91

5.22.5      INNOVATIONS IN ELECTRIC PROPULSION SYSTEMS FOR LEO SATELLITES    91

5.22.6      DISTRIBUTED ELECTRIC POWER SYSTEM IN SMALL SATELLITE APPLICATIONS          91

5.22.7      ADVANCEMENTS IN ENERGY STORAGE SYSTEMS                 92

5.22.8      MINIATURIZATION OF SATELLITES        93

5.23         IMPACT OF MEGATRENDS          93

5.23.1      HYBRID BEAMFORMING               93

5.23.2      SPACE EXPLORATION AND COMMERCIALIZATION                 93

5.23.3      COGNITIVE RADIO (SDR-CR) TECHNOLOGY      94

5.23.4      GLOBAL ECONOMIC POWER SHIFT         94

5.24         IMPACT OF AI   94

5.24.1      INTRODUCTION              94

5.24.2      ADOPTION OF AI IN SPACE BY TOP COUNTRIES                 95

5.24.3      IMPACT OF AI ON SPACE              97

5.24.4      IMPACT OF AI ON LEO SATELLITE MARKET        98

5.25         PATENT ANALYSIS          100

6               LEO SATELLITE MARKET, BY SATELLITE MASS  103

6.1           INTRODUCTION              104

6.2           LARGE SATELLITES        105

6.2.1        SURGE IN DEMAND FROM GOVERNMENT AGENCIES                 105

6.3           MEDIUM SATELLITES    105

6.3.1        INCREASED SATELLITE LAUNCHES FOR EARTH OBSERVATION 105

6.4           SMALL SATELLITES        106

6.4.1        MINI SATELLITES (101–500 KG)  107

6.4.1.1    Extensive use in Earth observation and broadband internet                 107

6.4.2        MICRO SATELLITES (11–100 KG)                107

6.4.2.1    Higher adoption for tactical communication in military applications           107

6.4.3        NANO SATELLITES (1–10 KG)      108

6.4.3.1    Expanding scope in commercial applications  108

6.4.4        SMALLSATS (500–1,000 KG)          108

6.4.4.1    Escalating demand for advanced missions and high-capacity services  108

6.5           CUBESATS           109

6.5.1        0.25–1U 109

6.5.1.1    Deployment in imaging, technology demonstration, and amateur radio communication           109

6.5.2        2U           110

6.5.2.1    Growing adoption in high precision applications            110

6.5.3        3U           110

6.5.3.1    Increasing use in space weather monitoring    110

6.5.4        6U           110

6.5.4.1    Booming space science missions        110

6.5.5        12U & 16U             111

6.5.5.1    Rising use in deep space missions     111

7               LEO SATELLITE MARKET, BY SUBSYSTEM            112

7.1           INTRODUCTION              113

7.2           SATELLITE BUSES            114

7.2.1        ATTITUDE & ORBITAL CONTROL SYSTEMS         114

7.2.1.1    Need for stable payloads     114

7.2.2        COMMAND & DATA HANDLING (C&DH) SYSTEMS                 115

7.2.2.1    Central to ensuring seamless operation of satellite systems                 115

7.2.3        ELECTRICAL POWER SYSTEMS  115

7.2.3.1    Need for efficient battery power management                 115

7.2.4        PROPULSION     115

7.2.4.1    Chemical propulsion            116

7.2.4.1.1 Emphasis on reducing operational costs           116

7.2.4.2    Electric propulsion               116

7.2.4.2.1 Improved performance of new-generation systems        116

7.2.4.3    Hybrid propulsion                117

7.2.4.3.1 Increased demand for low-cost launch vehicles               117

7.2.5        TELEMETRY, TRACKING, & COMMAND (TT&C) 117

7.2.5.1    Need for effective communication between satellites and ground stations   117

7.2.6        STRUCTURES     117

7.2.6.1    Focus on proper placement of satellite systems               117

7.2.7        THERMAL SYSTEMS        117

7.2.7.1    Surge in demand for miniaturized thermal management systems                 117

7.3           PAYLOADS          118

7.3.1        TRADITIONAL PAYLOADS           119

7.3.1.1    Optical and infrared             120

7.3.1.1.1 Increased demand for remote sensing applications        120

7.3.1.2    Hyperspectral and multispectral imagers         120

7.3.1.2.1 Need for improved mapping               120

7.3.1.3    Radar payloads      120

7.3.1.3.1 Heightened demand for high-resolution remote sensing                 120

7.3.1.4    Communication payloads/transponders           121

7.3.1.4.1 Need for continuous performance development              121

7.3.1.5    Others    121

7.3.2        SOFTWARE-DEFINED PAYLOADS             121

7.3.2.1    Adoption of software-defined technology for flexible space missions 121

7.4           SOLAR PANELS 122

7.4.1        GROWING USE OF PHOTOVOLTAIC PANELS TO SUPPLY POWER IN SPACE             122

7.5           SATELLITE ANTENNAS 122

7.5.1        WIRE ANTENNAS              122

7.5.1.1    Monopole               123

7.5.1.1.1 Need for shorter signals with wider coverage area          123

7.5.1.2    Dipole    123

7.5.1.2.1 Rising adoption in radio transmitting and receiving applications                 123

7.5.2        HORN ANTENNAS            123

7.5.2.1    Smooth operations across wide frequency ranges           123

7.5.3        ARRAY ANTENNAS          123

7.5.3.1    Higher adoption of active electronically scanned array antennas                 123

7.5.4        REFLECTOR ANTENNAS                124

7.5.4.1    Parabolic reflectors               124

7.5.4.1.1 Rising use in point-to-point communication   124

7.5.4.2    Double reflectors  124

7.5.4.2.1 Growing utilization in large Earth stations       124

7.6           OTHERS                125

8               LEO SATELLITE MARKET, BY APPLICATION        126

8.1           INTRODUCTION              127

8.2           COMMUNICATION          128

8.2.1        TECHNOLOGICAL ADVANCES IN MINIATURE COMMUNICATION SYSTEMS      128

8.3           EARTH OBSERVATION & REMOTE SENSING        129

8.3.1        GROWING LEO SATELLITE LAUNCHES TO IMPROVE EARTH OBSERVATION AND REMOTE SENSING CAPABILITIES                 129

8.4           SCIENTIFIC RESEARCH  129

8.4.1        MINIATURIZATION OF SUBCOMPONENTS AND PAYLOADS          129

8.5           TECHNOLOGY  130

8.5.1        INCREASED INVESTMENTS IN BETTER NAVIGATION AND TRACKING TECHNOLOGIES             130

8.6           OTHERS                130

9               LEO SATELLITE MARKET, BY END USE  132

9.1           INTRODUCTION              133

9.2           COMMERCIAL   134

9.2.1        SATELLITE OPERATORS/OWNERS           135

9.2.1.1    Deployment of satellite constellations for faster, secured communication and data transmission              135

9.2.2        MEDIA & ENTERTAINMENT        135

9.2.2.1    Demand for on-demand streaming information and entertainment        135

9.2.3        ENERGY INDUSTRY        135

9.2.3.1    Rising need for monitoring structural integrity of nuclear power stations   135

9.2.4        SCIENTIFIC RESEARCH & DEVELOPMENT            135

9.2.4.1    Expanding space research   135

9.2.5        OTHERS                136

9.3           GOVERNMENT & MILITARY        136

9.3.1        DEPARTMENTS OF DEFENSE & INTELLIGENCE AGENCIES           137

9.3.1.1    Increasing demand for real-time data and imaging         137

9.3.2        NATIONAL SPACE AGENCIES     137

9.3.2.1    Diverse weather monitoring applications         137

9.3.3        SEARCH & RESCUE ENTITIES      137

9.3.3.1    Rise of satellite-aided search and rescue operations       137

9.3.4        ACADEMIC & RESEARCH INSTITUTIONS               138

9.3.4.1    Government support for LEO satellite development      138

9.3.5        NATIONAL MAPPING & TOPOGRAPHIC AGENCIES                 138

9.3.5.1    Substantial investments in LEO satellites to improve GPS-based navigation               138

9.4           DUAL USE           138

9.4.1        IMPROVED CONNECTIVITY AND PROVISION OF HIGH-SPEED DATA      138

10            LEO SATELLITE MARKET, BY FREQUENCY           139

10.1         INTRODUCTION              140

10.2         L-BAND                141

10.2.1      INCREASING USE OF LEO SATELLITES FOR DATA COMMUNICATION AND TRAFFIC MANAGEMENT             141

10.3         S-BAND 142

10.3.1      GROWING INTEGRATION IN LEO SATELLITES DUE TO COMPACT DESIGN          142

10.4         C-BAND                142

10.4.1      EXTENSIVE USE FOR NAVIGATION PURPOSES   142

10.5         X-BAND                142

10.5.1      ABILITY TO PROVIDE HIGH-THROUGHPUT COMMUNICATION FROM SPACECRAFT TO GROUND STATIONS                 142

10.6         KU-BAND             143

10.6.1      NEED FOR WIDER RANGE OF DATA COMMUNICATION                 143

10.7         KA-BAND             143

10.7.1      INCREASING USE FOR HIGH-BANDWIDTH COMMUNICATION          143

10.8         Q/V-BAND          143

10.8.1      RISING ADOPTION TO REDUCE SIGNAL FADING AT HIGH-FREQUENCY BANDS          143

10.9         HF/VHF/UHF-BAND       144

10.9.1      GROWING USE IN DIGITAL AUDIO AND TELEVISION BROADCASTING               144

10.10       LASER/OPTICAL               144

10.10.1   HIGH DATA TRANSFER CAPABILITY       144

11            LEO SATELLITE MARKET, BY REGION    145

11.1         INTRODUCTION              146

11.2         NORTH AMERICA             147

11.2.1      PESTLE ANALYSIS            147

11.2.2      US           151

11.2.2.1  Increasing use of LEO satellites in agriculture to drive  market                 151

11.2.3      CANADA               153

11.2.3.1  Rising investments in satellite manufacturing facilities to drive market    153

11.3         EUROPE               155

11.3.1      PESTLE ANALYSIS            156

11.3.2      UK          159

11.3.2.1  Rising innovations in satellite technologies to drive market                 159

11.3.3      GERMANY           162

11.3.3.1  Increasing demand for CubeSats to drive market            162

11.3.4      RUSSIA 164

11.3.4.1  Growing reliance on self-developed space systems to drive market                 164

11.3.5      FRANCE                166

11.3.5.1  Focus on strengthening domestic capabilities and public-private space partnerships to drive market    166

11.3.6      ITALY    168

11.3.6.1  Growing demand for cost-effective space operations drive  market    168

11.3.7      REST OF EUROPE             170

11.4         ASIA PACIFIC     172

11.4.1      PESTLE ANALYSIS            172

11.4.2      CHINA  176

11.4.2.1  Increasing focus on self-made space technology to drive market                 176

11.4.3      INDIA    179

11.4.3.1  Upcoming space programs to drive market      179

11.4.4      JAPAN   181

11.4.4.1  Growing involvement of private space companies in government space programs to drive market         181

11.4.5      SOUTH KOREA  183

11.4.5.1  Surge in government funding to drive market 183

11.4.6      AUSTRALIA         185

11.4.6.1  Growing encouragement to satellite manufacturers to drive market    185

11.4.7      REST OF ASIA PACIFIC   188

11.5         MIDDLE EAST & AFRICA                190

11.5.1      PESTLE ANALYSIS            190

11.5.2      GCC       194

11.5.2.1  Booming government initiatives and economic diversification to drive market          194

11.5.2.2  Saudi Arabia          196

11.5.2.2.1                Growing collaborations with universities for technological advancements in space systems to drive market      196

11.5.2.3  UAE        197

11.5.2.3.1                Need for advanced satellite systems for border control to drive market      197

11.5.3      ISRAEL  197

11.5.3.1  Increased private investments in space technology to drive  market    197

11.5.4      REST OF MIDDLE EAST & AFRICA             200

11.6         LATIN AMERICA                202

11.6.1      PESTLE ANALYSIS            202

11.6.2      MEXICO                206

11.6.2.1  Increasing CubeSat launch initiatives by universities to drive market    206

11.6.3      ARGENTINA       208

11.6.3.1  Rising need for enhanced space situational awareness to drive market    208

11.6.4      REST OF LATIN AMERICA             209

12            COMPETITIVE LANDSCAPE         212

12.1         INTRODUCTION              212

12.2         KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024                 212

12.3         REVENUE ANALYSIS, 2021–2024  214

12.4         MARKET SHARE ANALYSIS, 2024                 215

12.5         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 217

12.5.1      STARS   217

12.5.2      EMERGING LEADERS     217

12.5.3      PERVASIVE PLAYERS      217

12.5.4      PARTICIPANTS 217

12.5.5      COMPANY FOOTPRINT 219

12.5.5.1  Company footprint               219

12.5.5.2  Region footprint   220

12.5.5.3  Satellite mass footprint        221

12.5.5.4  Application footprint            222

12.6         COMPANY EVALUATION MATRIX: START-UPS/SMES, 2024        223

12.6.1      PROGRESSIVE COMPANIES         223

12.6.2      RESPONSIVE COMPANIES            223

12.6.3      DYNAMIC COMPANIES  223

12.6.4      STARTING BLOCKS         223

12.6.5      COMPETITIVE BENCHMARKING               225

12.6.5.1  List of start-ups/SMEs        225

12.6.5.2  Competitive benchmarking of start-ups/SMEs               226

12.7         COMPANY VALUATION AND FINANCIAL METRICS                 226

12.8         BRAND/PRODUCT COMPARISON             228

12.9         COMPETITIVE SCENARIO             229

12.9.1      PRODUCT LAUNCHES   229

12.9.2      DEALS  230

12.9.3      OTHER DEVELOPMENTS              242

13            COMPANY PROFILES      251

13.1         KEY PLAYERS     251

13.1.1      SPACEX 251

13.1.1.1  Business overview 251

13.1.1.2  Products/Solutions/Services offered 251

13.1.1.3  Recent developments           252

13.1.1.3.1                Deals      252

13.1.1.3.2                Other developments             254

13.1.1.4  MnM View             254

13.1.1.4.1                Right to win           254

13.1.1.4.2                Strategic choices   254

13.1.1.4.3                Weaknesses and competitive threats 254

13.1.2      LOCKHEED MARTIN CORPORATION      255

13.1.2.1  Business overview 255

13.1.2.2  Products/Solutions/Services offered 256

13.1.2.3  Recent developments           258

13.1.2.3.1                Other developments             258

13.1.2.4  MnM View             259

13.1.2.4.1                Right to win           259

13.1.2.4.2                Strategic choices   259

13.1.2.4.3                Weaknesses and competitive threats 259

13.1.3      AIRBUS DEFENCE AND SPACE    260

13.1.3.1  Business overview 260

13.1.3.2  Products/Solutions/Services offered 261

13.1.3.3  Recent developments           265

13.1.3.3.1                Deals      265

13.1.3.3.2                Other developments             266

13.1.3.4  MnM View             267

13.1.3.4.1                Right to win           267

13.1.3.4.2                Strategic choices   267

13.1.3.4.3                Weaknesses and competitive threats 267

13.1.4      NORTHROP GRUMMAN                 268

13.1.4.1  Business overview 268

13.1.4.2  Products/Solutions/Services offered 269

13.1.4.3  Recent developments           271

13.1.4.3.1                Deals      271

13.1.4.3.2                Other developments             272

13.1.4.4  MnM View             273

13.1.4.4.1                Right to win           273

13.1.4.4.2                Strategic choices   273

13.1.4.4.3                Weaknesses and competitive threats 273

13.1.5      L3HARRIS TECHNOLOGIES, INC.               274

13.1.5.1  Business overview 274

13.1.5.2  Products/Solutions/Services offered 275

13.1.5.3  Recent developments           277

13.1.5.3.1                Deals      277

13.1.5.3.2                Other developments             277

13.1.5.4  MnM View             278

13.1.5.4.1                Right to win           278

13.1.5.4.2                Strategic choices   278

13.1.5.4.3                Weaknesses and competitive threats 278

13.1.6      THALES ALENIA SPACE 279

13.1.6.1  Business overview 279

13.1.6.2  Products/Solutions/Services offered 279

13.1.6.3  Recent developments           281

13.1.6.3.1                Deals      281

13.1.6.3.2                Expansions             282

13.1.6.3.3                Other developments             282

13.1.7      ONEWEB              284

13.1.7.1  Business overview 284

13.1.7.2  Products/Solutions/Services offered 284

13.1.7.3  Recent developments           285

13.1.7.3.1                Deals      285

13.1.8      SURREY SATELLITE TECHNOLOGY LTD.               292

13.1.8.1  Business overview 292

13.1.8.2  Products/Solutions/Services offered 292

13.1.8.3  Recent developments           294

13.1.8.3.1                Deals      294

13.1.8.3.2                Other developments             295

13.1.9      PLANET LABS PBC           297

13.1.9.1  Business overview 297

13.1.9.2  Products/Solutions/Services offered 298

13.1.9.3  Recent developments           298

13.1.9.3.1                Product launches  298

13.1.9.3.2                Deals      299

13.1.9.3.3                Other developments             300

13.1.10   SIERRA NEVADA CORPORATION               301

13.1.10.1                 Business overview 301

13.1.10.2                 Products/Solutions/Services offered 301

13.1.10.3                 Recent developments           302

13.1.10.3.1             Other developments             302

13.1.11   MAXAR TECHNOLOGIES               303

13.1.11.1                 Business overview 303

13.1.11.2                 Products/Solutions/Services offered 304

13.1.11.3                 Recent developments           306

13.1.11.3.1             Other developments             306

13.1.12   GOMSPACE         307

13.1.12.1                 Business overview 307

13.1.12.2                 Products/Solutions/Services offered 307

13.1.12.3                 Recent developments           308

13.1.12.3.1             Deals      308

13.1.12.3.2             Other developments             309

13.1.13   MITSUBISHI ELECTRIC CORPORATION 310

13.1.13.1                 Business overview 310

13.1.13.2                 Products/Solutions/Services offered 311

13.1.13.3                 Recent developments           313

13.1.13.3.1             Other developments             313

13.1.14   EXOLAUNCH GMBH        314

13.1.14.1                 Business overview 314

13.1.14.2                 Products/Solutions/Services offered 314

13.1.14.3                 Recent developments           315

13.1.14.3.1             Product launches  315

13.1.14.3.2             Deals      315

13.1.14.3.3             Other developments             316

13.1.15   CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION 318

13.1.15.1                 Business overview 318

13.1.15.2                 Products/Solutions/Services offered 318

13.1.16   BAE SYSTEMS    319

13.1.16.1                 Business overview 319

13.1.16.2                 Products/Solutions/Services offered 320

13.1.16.3                 Recent developments           321

13.1.16.3.1             Deals      321

13.1.17   RTX        322

13.1.17.1                 Business overview 322

13.1.17.2                 Products/Solutions/Services offered 323

13.1.17.3                 Recent developments           326

13.1.17.3.1             Other developments             326

13.1.18   OHB SE 327

13.1.18.1                 Business overview 327

13.1.18.2                 Products/Solutions/Services offered 328

13.1.18.3                 Recent developments           330

13.1.18.3.1             Other developments             330

13.1.19   THE AEROSPACE CORPORATION             331

13.1.19.1                 Business overview 331

13.1.19.2                 Products/Solutions/Services offered 331

13.1.20   MILLENNIUM SPACE SYSTEMS, INC.        332

13.1.20.1                 Business overview 332

13.1.20.2                 Products/Solutions/Services offered 332

13.1.21   KUIPER SYSTEMS LLC    333

13.1.21.1                 Business overview 333

13.1.21.2                 Products/Solutions/Services offered 333

13.2         OTHER PLAYERS              334

13.2.1      MDA      334

13.2.2      AAC CLYDE SPACE          335

13.2.3      ASELSAN A.Ş.     336

13.2.4      PUMPKIN INC.  337

13.2.5      ALBA ORBITAL LIMITED               338

13.2.6      ENDUROSAT      339

13.2.7      EARTH-I LTD.    340

13.2.8      NANOAVIONICS               341

13.2.9      ALÉN SPACE       342

13.2.10   NEARSPACE LAUNCH, INC.          343

14            APPENDIX           344

14.1         DISCUSSION GUIDE        344

14.2         PROGRAMS RELATED TO LEO SATELLITE            346

14.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                347

14.4         CUSTOMIZATION OPTIONS        349

14.5         RELATED REPORTS         349

14.6         AUTHOR DETAILS           350

LIST OF TABLES

TABLE 1                USD EXCHANGE RATES 34

TABLE 2                LEO SATELLITE CONSTELLATIONS, BY OWNER                 54

TABLE 3                AVERAGE SELLING PRICE OF LEO SATELLITES OFFERED BY KEY PLAYERS,

2024 (USD MILLION)       60

TABLE 4                GLOBAL SATELLITE LAUNCHES, BY SATELLITE MASS, 2021–2024 (UNITS)              61

TABLE 5                LEO SATELLITE VOLUME, BY REGION, 2021–2024 (UNITS)                61

TABLE 6                ROLE OF COMPANIES IN ECOSYSTEM    63

TABLE 7                TARIFF DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, 2024    64

TABLE 8                NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 65

TABLE 9                EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS           65

TABLE 10              ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 66

TABLE 11              MIDDLE EAST: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 67

TABLE 12              REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS                 67

TABLE 13              IMPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2024 (USD THOUSAND)      69

TABLE 14              EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY,  2020–2024 (USD THOUSAND)      70

TABLE 15              KEY CONFERENCES AND EVENTS, 2025–2026                 70

TABLE 16              INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE (%)           71

TABLE 17              KEY BUYING CRITERIA, BY APPLICATION                 72

TABLE 18              BUSINESS MODELS IN LEO SATELLITE MARKET                 76

TABLE 19              BILL OF MATERIALS FOR LEO SATELLITES                 77

TABLE 20              TOTAL COST OF OWNERSHIP FOR SATELLITES                 78

TABLE 21              US-ADJUSTED RECIPROCAL TARIFF RATES                 85

TABLE 22              KEY PRODUCT-RELATED TARIFF FOR LEO SATELLITES       85

TABLE 23              EXPECTED CHANGE IN PRICES AND POTENTIAL IMPACT ON END USE           86

TABLE 24              STATE-OF-THE-ART LEO SATELLITE/CUBESAT TECHNOLOGIES               90

TABLE 25              DIFFERENCE BETWEEN DISTRIBUTED AND CENTRALIZED ELECTRIC POWER SYSTEM ARCHITECTURE                 92

TABLE 26              BATTERY TECHNOLOGIES          92

TABLE 27              IMPACT OF AI ON SPACE              97

TABLE 28              PATENT ANALYSIS          100

TABLE 29              LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)            104

TABLE 30              LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)            105

TABLE 31              SMALL SATELLITES: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)         106

TABLE 32              SMALL SATELLITES: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)         106

TABLE 33              LEO SATELLITE MARKET, BY SUBSYSTEM, 2021–2024 (USD MILLION)       113

TABLE 34              LEO SATELLITE MARKET, BY SUBSYSTEM, 2025–2030 (USD MILLION)       113

TABLE 35              SATELLITE BUSES: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)                114

TABLE 36              SATELLITE BUSES: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)                114

TABLE 37              LEO SATELLITE MARKET, BY PROPULSION, 2021–2024 (USD MILLION)            115

TABLE 38              LEO SATELLITE MARKET, BY PROPULSION, 2025–2030 (USD MILLION)            116

TABLE 39              LEO SATELLITE MARKET, BY PAYLOAD, 2021–2024 (USD MILLION)       118

TABLE 40              LEO SATELLITE MARKET, BY PAYLOAD, 2025–2030 (USD MILLION)       119

TABLE 41              TRADITIONAL PAYLOADS: LEO SATELLITE MARKET, BY TYPE,

2021–2024 (USD MILLION)            119

TABLE 42              TRADITIONAL PAYLOADS: LEO SATELLITE MARKET, BY TYPE,

2025–2030 (USD MILLION)            119

TABLE 43              LEO SATELLITE MARKET, BY APPLICATION, 2021–2024 (USD MILLION)            127

TABLE 44              LEO SATELLITE MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            128

TABLE 45              LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)       133

TABLE 46              LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)       133

TABLE 47              COMMERCIAL: LEO SATELLITE MARKET, BY TYPE, 2021–2024 (USD MILLION)                134

TABLE 48              COMMERCIAL: LEO SATELLITE MARKET, BY TYPE, 2025–2030 (USD MILLION)                134

TABLE 49              GOVERNMENT & MILITARY: LEO SATELLITE MARKET, BY TYPE,

2021–2024 (USD MILLION)            136

TABLE 50              GOVERNMENT & MILITARY: LEO SATELLITE MARKET, BY TYPE,

2025–2030 (USD MILLION)            137

TABLE 51              LEO SATELLITE MARKET, BY FREQUENCY, 2021–2024 (USD MILLION)       140

TABLE 52              LEO SATELLITE MARKET, BY FREQUENCY, 2025–2030 (USD MILLION)       141

TABLE 53              LEO SATELLITE MARKET, BY REGION, 2021–2024 (USD MILLION) 146

TABLE 54              LEO SATELLITE MARKET, BY REGION, 2025–2030 (USD MILLION) 147

TABLE 55              NORTH AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            149

TABLE 56              NORTH AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            150

TABLE 57              NORTH AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,  2021–2024 (USD MILLION)                 150

TABLE 58              NORTH AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,  2025–2030 (USD MILLION)                 150

TABLE 59              NORTH AMERICA: LEO SATELLITE MARKET, BY END USE,

2021–2024 (USD MILLION)            150

TABLE 60              NORTH AMERICA: LEO SATELLITE MARKET, BY END USE,

2025–2030 (USD MILLION)            151

TABLE 61              NORTH AMERICA: LEO SATELLITE MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            151

TABLE 62              NORTH AMERICA: LEO SATELLITE MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            151

TABLE 63              US: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)               152

TABLE 64              US: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)               152

TABLE 65              US: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            152

TABLE 66              US: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            153

TABLE 67              US: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)       153

TABLE 68              US: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)       153

TABLE 69              CANADA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            154

TABLE 70              CANADA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            154

TABLE 71              CANADA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            154

TABLE 72              CANADA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            155

TABLE 73             CANADA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            155

TABLE 74             CANADA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            155

TABLE 75              EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            157

TABLE 76              EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            158

TABLE 77              EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            158

TABLE 78              EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            158

TABLE 79              EUROPE: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            158

TABLE 80              EUROPE: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            159

TABLE 81              EUROPE: LEO SATELLITE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     159

TABLE 82              EUROPE: LEO SATELLITE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     159

TABLE 83              UK: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)               160

TABLE 84              UK: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)               160

TABLE 85              UK: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            161

TABLE 86              UK: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            161

TABLE 87              UK: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)       161

TABLE 88              UK: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)       161

TABLE 89              GERMANY: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            162

TABLE 90              GERMANY: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            162

TABLE 91              GERMANY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            163

TABLE 92              GERMANY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            163

TABLE 93              GERMANY: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)  163

TABLE 94              GERMANY: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)  163

TABLE 95              RUSSIA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            164

TABLE 96              RUSSIA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            165

TABLE 97              RUSSIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            165

TABLE 98              RUSSIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            165

TABLE 99              RUSSIA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            165

TABLE 100            RUSSIA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            166

TABLE 101            FRANCE: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            166

TABLE 102            FRANCE: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            167

TABLE 103            FRANCE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            167

TABLE 104            FRANCE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            167

TABLE 105            FRANCE: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            167

TABLE 106            FRANCE: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            168

TABLE 107            ITALY: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)               168

TABLE 108            ITALY: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)               169

TABLE 109            ITALY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            169

TABLE 110            ITALY: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            169

TABLE 111            ITALY: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            169

TABLE 112            ITALY: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            170

TABLE 113            REST OF EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            170

TABLE 114            REST OF EUROPE: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            171

TABLE 115            REST OF EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,  2021–2024 (USD MILLION)                 171

TABLE 116            REST OF EUROPE: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,  2025–2030 (USD MILLION)                 171

TABLE 117            REST OF EUROPE: LEO SATELLITE MARKET, BY END USE,

2021–2024 (USD MILLION)            171

TABLE 118            REST OF EUROPE: LEO SATELLITE MARKET, BY END USE,

2025–2030 (USD MILLION)            172

TABLE 119            ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            174

TABLE 120            ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            175

TABLE 121            ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            175

TABLE 122            ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            175

TABLE 123            ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)  175

TABLE 124            ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)  176

TABLE 125            ASIA PACIFIC: LEO SATELLITE MARKET, BY COUNTRY, 2021–2024 (USD MILLION)     176

TABLE 126            ASIA PACIFIC: LEO SATELLITE MARKET, BY COUNTRY, 2025–2030 (USD MILLION)     176

TABLE 127            CHINA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)               177

TABLE 128            CHINA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)               177

TABLE 129            CHINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            178

TABLE 130            CHINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)          178

TABLE 131            CHINA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            178

TABLE 132            CHINA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            178

TABLE 133            INDIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)               179

TABLE 134            INDIA: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)               180

TABLE 135            INDIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)          180

TABLE 136            INDIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            180

TABLE 137            INDIA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            180

TABLE 138            INDIA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            181

TABLE 139            JAPAN: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)               182

TABLE 140            JAPAN: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)               182

TABLE 141            JAPAN: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            182

TABLE 142            JAPAN: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            182

TABLE 143            JAPAN: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            183

TABLE 144            JAPAN: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            183

TABLE 145            SOUTH KOREA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            184

TABLE 146            SOUTH KOREA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            184

TABLE 147            SOUTH KOREA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            184

TABLE 148            SOUTH KOREA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            185

TABLE 149            SOUTH KOREA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)        185

TABLE 150            SOUTH KOREA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)        185

TABLE 151            AUSTRALIA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            186

TABLE 152            AUSTRALIA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            186

TABLE 153            AUSTRALIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            187

TABLE 154            AUSTRALIA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            187

TABLE 155            AUSTRALIA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)  187

TABLE 156            AUSTRALIA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)  187

TABLE 157          REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            188

TABLE 158          REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            188

TABLE 159            REST OF ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES,  BY TYPE, 2021–2024 (USD MILLION)                 189

TABLE 160            REST OF ASIA PACIFIC: LEO SATELLITE MARKET FOR SMALL SATELLITES,  BY TYPE, 2025–2030 (USD MILLION)                 189

TABLE 161          REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE,

2021–2024 (USD MILLION)            189

TABLE 162          REST OF ASIA PACIFIC: LEO SATELLITE MARKET, BY END USE,

2025–2030 (USD MILLION)            189

TABLE 163            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            192

TABLE 164            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            193

TABLE 165            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES,

BY TYPE, 2021–2024 (USD MILLION)         193

TABLE 166            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES,

BY TYPE, 2025–2030 (USD MILLION)         193

TABLE 167            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE,

2021–2024 (USD MILLION)            193

TABLE 168            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE,

2025–2030 (USD MILLION)            194

TABLE 169            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY COUNTRY,

2021–2024 (USD MILLION)          194

TABLE 170            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            194

TABLE 171            GCC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)               195

TABLE 172            GCC: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)               195

TABLE 173            GCC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            195

TABLE 174            GCC: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)          195

TABLE 175            GCC: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            196

TABLE 176            GCC: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            196

TABLE 177            ISRAEL: LEO SATELLITE MARKET, BY SATELLITE MASS, 2021–2024 (USD MILLION)       198

TABLE 178            ISRAEL: LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)       198

TABLE 179            ISRAEL: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            199

TABLE 180            ISRAEL: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            199

TABLE 181            ISRAEL: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            199

TABLE 182            ISRAEL: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            199

TABLE 183            REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS,  2021–2024 (USD MILLION)            200

TABLE 184            REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY SATELLITE MASS,  2025–2030 (USD MILLION)            201

TABLE 185            REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2021–2024 (USD MILLION)       201

TABLE 186            REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE, 2025–2030 (USD MILLION)       201

TABLE 187            REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE,

2021–2024 (USD MILLION)            201

TABLE 188            REST OF MIDDLE EAST & AFRICA: LEO SATELLITE MARKET, BY END USE,

2025–2030 (USD MILLION)            202

TABLE 189            LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            204

TABLE 190            LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            204

TABLE 191            LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,  2021–2024 (USD MILLION)                 204

TABLE 192            LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,  2025–2030 (USD MILLION)                 204

TABLE 193            LATIN AMERICA: LEO SATELLITE MARKET, BY END USE,

2021–2024 (USD MILLION)          205

TABLE 194            LATIN AMERICA: LEO SATELLITE MARKET, BY END USE,

2025–2030 (USD MILLION)            205

TABLE 195            LATIN AMERICA: LEO SATELLITE MARKET, BY COUNTRY,

2021–2024 (USD MILLION)            205

TABLE 196            LATIN AMERICA: LEO SATELLITE MARKET, BY COUNTRY,

2025–2030 (USD MILLION)            205

TABLE 197            MEXICO: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            206

TABLE 198            MEXICO: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            206

TABLE 199            MEXICO: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            207

TABLE 200            MEXICO: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            207

TABLE 201            MEXICO: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)            207

TABLE 202            MEXICO: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)            207

TABLE 203            ARGENTINA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            208

TABLE 204            ARGENTINA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            208

TABLE 205            ARGENTINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2021–2024 (USD MILLION)            208

TABLE 206            ARGENTINA: LEO SATELLITE MARKET FOR SMALL SATELLITES, BY TYPE,

2025–2030 (USD MILLION)            209

TABLE 207            ARGENTINA: LEO SATELLITE MARKET, BY END USE, 2021–2024 (USD MILLION)  209

TABLE 208            ARGENTINA: LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)  209

TABLE 209            REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2021–2024 (USD MILLION)            210

TABLE 210            REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY SATELLITE MASS,

2025–2030 (USD MILLION)            210

TABLE 211            REST OF LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES,

BY TYPE, 2021–2024 (USD MILLION)         210

TABLE 212            REST OF LATIN AMERICA: LEO SATELLITE MARKET FOR SMALL SATELLITES,

BY TYPE, 2025–2030 (USD MILLION)         211

TABLE 213            REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY END USE,

2021–2024 (USD MILLION)            211

TABLE 214            REST OF LATIN AMERICA: LEO SATELLITE MARKET, BY END USE,

2025–2030 (USD MILLION)            211

TABLE 215            KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2024        212

TABLE 216            LEO SATELLITE MARKET: DEGREE OF COMPETITION 215

TABLE 217            REGION FOOTPRINT     220

TABLE 218            SATELLITE MASS FOOTPRINT   221

TABLE 219            APPLICATION FOOTPRINT         222

TABLE 220            LIST OF START-UPS/SMES           225

TABLE 221            COMPETITIVE BENCHMARKING OF START-UPS/SMES           226

TABLE 222          LEO SATELLITE MARKET: PRODUCT LAUNCHES, 2021–2025              229

TABLE 223            LEO SATELLITE MARKET: DEALS, 2021–2025                 230

TABLE 224            LEO SATELLITE MARKET: OTHER DEVELOPMENTS, 2021–2025         242

TABLE 225            SPACEX: COMPANY OVERVIEW 251

TABLE 226            SPACEX: PRODUCTS/SOLUTIONS/SERVICES OFFERED             251

TABLE 227            SPACEX: DEALS 252

TABLE 228            SPACEX: OTHER DEVELOPMENTS           254

TABLE 229            LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW          255

TABLE 230            LOCKHEED MARTIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    256

TABLE 231            LOCKHEED MARTIN CORPORATION: OTHER DEVELOPMENTS              258

TABLE 232            AIRBUS DEFENCE AND SPACE: COMPANY OVERVIEW          260

TABLE 233            AIRBUS DEFENCE AND SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    261

TABLE 234            AIRBUS DEFENCE AND SPACE: DEALS    265

TABLE 235            AIRBUS DEFENCE AND SPACE: OTHER DEVELOPMENTS              266

TABLE 236            NORTHROP GRUMMAN: COMPANY OVERVIEW                 268

TABLE 237            NORTHROP GRUMMAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED    269

TABLE 238            NORTHROP GRUMMAN: DEALS                 271

TABLE 239            NORTHROP GRUMMAN: OTHER DEVELOPMENTS              272

TABLE 240            L3HARRIS TECHNOLOGIES, INC.: COMPANY OVERVIEW          274

TABLE 241            L3HARRIS TECHNOLOGIES, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    275

TABLE 242            L3HARRIS TECHNOLOGIES, INC.: DEALS                 277

TABLE 243            L3HARRIS TECHNOLOGIES, INC.: OTHER DEVELOPMENTS              277

TABLE 244            THALES ALENIA SPACE: COMPANY OVERVIEW                 279

TABLE 245            THALES ALENIA SPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED    279

TABLE 246            THALES ALENIA SPACE: DEALS 281

TABLE 247            THALES ALENIA SPACE: EXPANSIONS    282

TABLE 248            THALES ALENIA SPACE: OTHER DEVELOPMENTS              282

TABLE 249            ONEWEB: COMPANY OVERVIEW               284

TABLE 250            ONEWEB: PRODUCTS/SOLUTIONS/SERVICES OFFERED             284

TABLE 251            ONEWEB: DEALS              285

TABLE 252            SURREY SATELLITE TECHNOLOGY LTD.: COMPANY OVERVIEW   292

TABLE 253            SURREY SATELLITE TECHNOLOGY LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    292

TABLE 254            SURREY SATELLITE TECHNOLOGY LTD.: DEALS                 294

TABLE 255            SURREY SATELLITE TECHNOLOGY LTD.: OTHER DEVELOPMENTS              295

TABLE 256            PLANET LABS PBC: COMPANY OVERVIEW                 297

TABLE 257            PLANET LABS PBC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    298

TABLE 258            PLANET LABS PBC: PRODUCT LAUNCHES                 298

TABLE 259            PLANET LABS PBC: DEALS           299

TABLE 260            PLANET LABS PBC: OTHER DEVELOPMENTS                 300

TABLE 261            SIERRA NEVADA CORPORATION: COMPANY OVERVIEW          301

TABLE 262            SIERRA NEVADA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    301

TABLE 263            SIERRA NEVADA CORPORATION: OTHER DEVELOPMENTS              302

TABLE 264            MAXAR TECHNOLOGIES: COMPANY OVERVIEW                 303

TABLE 265            MAXAR TECHNOLOGIES: PRODUCTS/SOLUTIONS/SERVICES OFFERED    304

TABLE 266            MAXAR TECHNOLOGIES: OTHER DEVELOPMENTS              306

TABLE 267            GOMSPACE: COMPANY OVERVIEW         307

TABLE 268            GOMSPACE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             307

TABLE 269            GOMSPACE: DEALS         308

TABLE 270            GOMSPACE: OTHER DEVELOPMENTS   309

TABLE 271            MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW   310

TABLE 272            MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    311

TABLE 273            MITSUBISHI ELECTRIC CORPORATION: OTHER DEVELOPMENTS              313

TABLE 274            EXOLAUNCH GMBH: COMPANY OVERVIEW                 314

TABLE 275            EXOLAUNCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED    314

TABLE 276            EXOLAUNCH GMBH: PRODUCT LAUNCHES                 315

TABLE 277            EXOLAUNCH GMBH: DEALS        315

TABLE 278            EXOLAUNCH GMBH: OTHER DEVELOPMENTS                 316

TABLE 279            CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION: COMPANY OVERVIEW  318

TABLE 280            CHINA AEROSPACE SCIENCE AND TECHNOLOGY CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    318

TABLE 281            BAE SYSTEMS: COMPANY OVERVIEW     319

TABLE 282            BAE SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED    320

TABLE 283            BAE SYSTEMS: DEALS    321

TABLE 284            RTX: COMPANY OVERVIEW         322

TABLE 285            RTX: PRODUCTS/SOLUTIONS/SERVICES OFFERED             323

TABLE 286            RTX: OTHER DEVELOPMENTS   326

TABLE 287            OHB SE: COMPANY OVERVIEW 327

TABLE 288            OHB SE: PRODUCTS/SOLUTIONS/SERVICES OFFERED             328

TABLE 289            OHB SE: OTHER DEVELOPMENTS            330

TABLE 290            THE AEROSPACE CORPORATION: COMPANY OVERVIEW          331

TABLE 291            THE AEROSPACE CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED    331

TABLE 292            MILLENNIUM SPACE SYSTEMS, INC.: COMPANY OVERVIEW          332

TABLE 293            MILLENNIUM SPACE SYSTEMS, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED    332

TABLE 294            KUIPER SYSTEMS LLC: COMPANY OVERVIEW                 333

TABLE 295            KUIPER SYSTEMS LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED    333

TABLE 296            MDA: COMPANY OVERVIEW       334

TABLE 297            AAC CLYDE SPACE: COMPANY OVERVIEW                 335

TABLE 298            ASELSAN A.Ş.: COMPANY OVERVIEW      336

TABLE 299            PUMPKIN INC.: COMPANY OVERVIEW   337

TABLE 300            ALBA ORBITAL LIMITED: COMPANY OVERVIEW                 338

TABLE 301            ENDUROSAT: COMPANY OVERVIEW      339

TABLE 302            EARTH-I LTD.: COMPANY OVERVIEW     340

TABLE 303            NANOAVIONICS: COMPANY OVERVIEW                 341

TABLE 304            ALÉN SPACE: COMPANY OVERVIEW        342

TABLE 305            NEARSPACE LAUNCH, INC.: COMPANY OVERVIEW          343

LIST OF FIGURES

FIGURE 1              LEO SATELLITE MARKET SEGMENTATION                 32

FIGURE 2              RESEARCH DESIGN MODEL         35

FIGURE 3              RESEARCH DESIGN         36

FIGURE 4              BOTTOM-UP APPROACH              41

FIGURE 5              TOP-DOWN APPROACH                42

FIGURE 6              DATA TRIANGULATION                42

FIGURE 7              LARGE SATELLITES TO BE LARGEST SEGMENT DURING FORECAST PERIOD       45

FIGURE 8              SATELLITE BUSES TO BE DOMINANT DURING FORECAST PERIOD         46

FIGURE 9              KU-BAND SEGMENT TO ACQUIRE MAXIMUM SHARE IN 2030   46

FIGURE 10            COMMERCIAL TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 47

FIGURE 11            COMMUNICATION SEGMENT TO BE PREVALENT DURING FORECAST PERIOD             47

FIGURE 12            MIDDLE EAST & AFRICA TO EXHIBIT FASTEST GROWTH IN 2025              48

FIGURE 13            GROWING USE OF LEO SATELLITES FOR TRACKING, MONITORING, AND SURVEILLANCE TO DRIVE MARKET               49

FIGURE 14            COMMUNICATION SEGMENT TO SECURE LEADING POSITION DURING FORECAST PERIOD             49

FIGURE 15            LARGE SATELLITES TO HOLD HIGHEST SHARE IN 2025  50

FIGURE 16            SATELLITE BUSES TO DOMINATE MARKET IN 2025        50

FIGURE 17            KU-BAND TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD       50

FIGURE 18            COMMERCIAL TO LEAD MARKET DURING FORECAST PERIOD         51

FIGURE 19            CANADA TO RECORD HIGHEST CAGR DURING FORECAST PERIOD         51

FIGURE 20            LEO SATELLITE MARKET DYNAMICS      53

FIGURE 21            TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS   58

FIGURE 22            VALUE CHAIN ANALYSIS               58

FIGURE 23            AVERAGE SELLING PRICE OF LEO SATELLITES OFFERED BY KEY PLAYERS,

2024 (USD MILLION)       60

FIGURE 24            ECOSYSTEM ANALYSIS  63

FIGURE 25            IMPORT DATA FOR HS CODE 880260- COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      68

FIGURE 26            EXPORT DATA FOR HS CODE 880260-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2024 (USD THOUSAND)      69

FIGURE 27            INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USE  71

FIGURE 28            KEY BUYING CRITERIA, BY APPLICATION                 71

FIGURE 29            BUSINESS MODELS IN LEO SATELLITE MARKET                 74

FIGURE 30            BILL OF MATERIALS FOR LEO SATELLITES                 76

FIGURE 31            DEALS AND INVESTMENT IN EUROPEAN SPACE START-UPS, 2020–2024    79

FIGURE 32            GLOBAL SPACE PRIVATE INVESTMENT, BY TYPE, 2020–2024                 79

FIGURE 33            TECHNOLOGY ROADMAP            80

FIGURE 34            EVOLUTION OF LEO SATELLITE TECHNOLOGIES               80

FIGURE 35            TECHNOLOGY TRENDS IN LEO SATELLITE MARKET               81

FIGURE 36            TECHNOLOGY TRENDS                88

FIGURE 37            ADOPTION OF AI IN SPACE         95

FIGURE 38            ADOPTION OF AI IN SPACE BY TOP COUNTRIES                 96

FIGURE 39            IMPACT OF AI ON SATELLITE PLATFORMS                 98

FIGURE 40            IMPACT OF AI ON SATELLITE NTN MARKET                 99

FIGURE 41            PATENT ANALYSIS          100

FIGURE 42            LEO SATELLITE MARKET, BY SATELLITE MASS, 2025–2030 (USD MILLION)            104

FIGURE 44            LEO SATELLITE MARKET, BY APPLICATION, 2025–2030 (USD MILLION)            127

FIGURE 45            LEO SATELLITE MARKET, BY END USE, 2025–2030 (USD MILLION)       133

FIGURE 46            LEO SATELLITE MARKET, BY FREQUENCY, 2025–2030 (USD MILLION)       140

FIGURE 47            LEO SATELLITE MARKET, BY REGION, 2025–2030                 146

FIGURE 48            NORTH AMERICA: LEO SATELLITE MARKET SNAPSHOT          149

FIGURE 49            EUROPE: LEO SATELLITE MARKET SNAPSHOT                 157

FIGURE 50            ASIA PACIFIC: LEO SATELLITE MARKET SNAPSHOT          174

FIGURE 51            MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SNAPSHOT       192

FIGURE 52            LATIN AMERICA: LEO SATELLITE MARKET SNAPSHOT          203

FIGURE 53            REVENUE ANALYSIS OF KEY PLAYERS, 2021–2024                 214

FIGURE 54            MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024        215

FIGURE 55            COMPANY EVALUATION MATRIX (KEY PLAYERS), 2024  218

FIGURE 56            COMPANY FOOTPRINT 219

FIGURE 57            COMPANY EVALUATION MATRIX (START-UPS/SMES), 2024                224

FIGURE 58            FINANCIAL METRICS OF KEY PLAYERS  226

FIGURE 59            YEAR-TO-DATE (YTD) PRICE TOTAL RETURN AND FIVE-YEAR STOCK BETA OF KEY VENDORS                227

FIGURE 60            BRAND/PRODUCT COMPARISON             228

FIGURE 61            LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT          256

FIGURE 62            AIRBUS DEFENCE AND SPACE: COMPANY SNAPSHOT          261

FIGURE 63            NORTHROP GRUMMAN: COMPANY SNAPSHOT                 269

FIGURE 64            L3HARRIS TECHNOLOGIES, INC.: COMPANY SNAPSHOT          275

FIGURE 65            PLANET LABS PBC: COMPANY SNAPSHOT                 297

FIGURE 66            MAXAR TECHNOLOGIES: COMPANY SNAPSHOT                 304

FIGURE 67            MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT   311

FIGURE 68            BAE SYSTEMS: COMPANY SNAPSHOT     320

FIGURE 69            RTX: COMPANY SNAPSHOT        323

FIGURE 70            OHB SE: COMPANY SNAPSHOT 328