Low Earth Orbit (LEO) Satellites Global Market Report 2021 by The Business Research Company is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact – both negative and positive – of COVID-19 on the low earth orbit (LEO) satellites industry gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. This includes revised market numbers according to the effects of the coronavirus and the expected low earth orbit (LEO) satellites market growth numbers 2021-2030.
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The Low Earth Orbit (LEO) Satellites Global Market Report 2020-30 by The Business Research Company provides an in-depth analysis of the global low earth orbit (LEO) satellites market and covers both the historic period, 2015 to 2020, and the forecast period, 2020 to 2030. The report evaluates the market and major economies across the regions Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The Low Earth Orbit (LEO) Satellites Global Market Report 2021 covers low earth orbit (LEO) satellites market drivers, low earth orbit (LEO) satellites market trends, low earth orbit (LEO) satellites market growth rate, low earth orbit (LEO) satellites market major players, player-adopted strategies in the market, and low earth orbit (LEO) satellites market size.
The global low earth orbit (LEO) satellites market is expected to grow from $2.18 billion in 2020 to $2.34 billion in 2021 at a compound annual growth rate (CAGR) of 7.3%. The growth in the low earth orbit satellites market is mainly due to the increasing adoption of low earth orbit satellites in various sectors, rising importance across communications and defense industries, increasing awareness regarding new forms of technology, integration of IoT, machine learning, rapid advancements in the aerospace, robust government support, increasing preferences towards software defined payloads for communication satellites, miniaturization of satellite, and growing advancements in payload systems. The LEO market is expected to reach $4.36 billion in 2025 at a CAGR of 16.9%.
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The report covers the low earth orbit (LEO) satellites market segments-
1) By Type: Femto, Pico, Nano, Micro, Mini
2) By Sub-System: Payload, Structure, Telecommunication, On-Board Computer, Power System, Attitude Control, Propulsion System
3) By Application: Technology Development, Earth Observation And Remote Sensing, Communication, Space Exploration, Surveillance
4) By End-User: Commercial, Civil, Government, Others
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