Table of Content


"1    INTRODUCTION    38
1.1    STUDY OBJECTIVES    38
1.2    MARKET DEFINITION    38
1.2.1    INCLUSIONS & EXCLUSIONS    39
1.2.2    MARKETS COVERED    39
FIGURE 1    LEO SATELLITE MARKET SEGMENTATION    39
1.2.3    REGIONAL SCOPE    40
1.2.4    YEARS CONSIDERED    40
1.3    CURRENCY & PRICING    40
1.4    USD EXCHANGE RATES    41
1.5    LIMITATIONS    41
1.6    STAKEHOLDERS    41
2    RESEARCH METHODOLOGY    42
2.1    RESEARCH DATA    42
FIGURE 2    RESEARCH PROCESS FLOW    42
FIGURE 3    RESEARCH DESIGN    43
2.1.1    SECONDARY DATA    43
2.1.1.1    Key data from secondary sources    44
2.1.2    PRIMARY DATA    44
2.1.2.1    Key data from primary sources    45
2.1.3    KEY PRIMARY SOURCES    45
2.2    FACTOR ANALYSIS    46
2.2.1    INTRODUCTION    46
2.2.2    DEMAND-SIDE INDICATORS    47
2.2.3    SUPPLY-SIDE INDICATORS    47
2.3    RESEARCH APPROACH AND METHODOLOGY    47
2.3.1    BOTTOM-UP APPROACH    47
2.3.1.1    Market size estimation & methodology    48
2.3.1.2    Regional split of LEO satellite market    48
FIGURE 4    MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH    48
2.3.2    TOP-DOWN APPROACH    49
FIGURE 5    MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH    49
2.3.2.1    COVID-19 impact on LEO satellite market    49
2.4    DATA TRIANGULATION    50
FIGURE 6    DATA TRIANGULATION    50
2.5    RESEARCH ASSUMPTIONS    51
2.6    LIMITATIONS    51
2.7    RISKS    51
3    EXECUTIVE SUMMARY    52
FIGURE 7    SMALL SATELLITE SEGMENT PROJECTED TO LEAD MARKET    52
FIGURE 8    SATELLITE BUS SEGMENT PROJECTED TO LEAD MARKET    53
FIGURE 9    LASER/OPTICAL SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    53
FIGURE 10    COMMERCIAL SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    54
FIGURE 11    COMMUNICATION SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    54
FIGURE 12    NORTH AMERICA ACCOUNTED FOR LARGEST MARKET SHARE IN 2021    55
4    PREMIUM INSIGHTS    56
4.1    ATTRACTIVE GROWTH OPPORTUNITIES IN LEO SATELLITE MARKET    56
FIGURE 13    INCREASED USE OF LEO SATELLITES FOR TRACKING, MONITORING, AND SURVEILLANCE TO DRIVE THE MARKET    56
4.2    LEO SATELLITE MARKET, BY APPLICATION    56
FIGURE 14    COMMUNICATION SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    56
4.3    LEO SATELLITE MARKET, BY TYPE    57
FIGURE 15    SMALL SATELLITE SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    57
4.4    LEO SATELLITE MARKET, BY FREQUENCY    57
FIGURE 16    LASER/OPTICAL SEGMENT PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    57
4.5    LEO SATELLITE MARKET, BY END USER    58
FIGURE 17    COMMERCIAL SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    58
4.6    LEO SATELLITE MARKET, BY COUNTRY    58
FIGURE 18    MEXICO PROJECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD    58
5    MARKET OVERVIEW    59
5.1    INTRODUCTION    59
5.2    MARKET DYNAMICS    60
FIGURE 19    DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES FOR LEO SATELLITE MARKET    60
5.2.1    DRIVERS    60
5.2.1.1    Increase in demand for LEO-based services    60
TABLE 1    KEY INFORMATION ON LEO CONSTELLATIONS    61
5.2.1.2    Rising demand for Earth observation imagery and analytics    61
5.2.1.3    Increasing developments of satellite networks to provide internet access in areas without/low broadband connectivity    61
TABLE 2    KEY INFORMATION ON SATELLITE AND TERRESTRIAL CONNECTIVITY    62
5.2.1.4    Increasing demand for CubeSats    62
5.2.2    RESTRAINTS    62
5.2.2.1    Government policies    62
5.2.2.2    Coverage, efficiency, and complexity of LEO satellites over GEO satellites for same application    63
5.2.3    OPPORTUNITIES    63
5.2.3.1    Potential applications of space optical communications using laser beams    63
5.2.3.2    Advancements in electric propulsion systems for LEO satellites    63
5.2.3.3    Use of software-defined technology for flexibility in alter space missions    63
5.2.3.4    Technological advancements in antennas, ground stations, and other areas    64
5.2.4    CHALLENGES    64
5.2.4.1    Concerns over space debris    64
5.2.4.2    Implications in supply chain of LEO satellite market    64
5.3    COVID-19 IMPACT ON LEO SATELLITE MARKET    65
FIGURE 20    COVID-19 IMPACT ON LEO SATELLITE MARKET    65
FIGURE 21    COVID-19 IMPACT ON SUPPLY AND DEMAND SIDES OF LEO SATELLITE MARKET    65
5.3.1    SUPPLY-SIDE IMPACT OF COVID-19    65
5.3.2    DEMAND-SIDE IMPACT OF COVID-19    66
5.4    RANGE/SCENARIOS    66
FIGURE 22    PESSIMISTIC, REALISTIC, AND OPTIMISTIC SCENARIOS OF LEO SATELLITE MARKET WITH REGARDS TO COVID-19 PANDEMIC    66
5.5    VALUE CHAIN ANALYSIS OF LEO SATELLITE MARKET    67
FIGURE 23    VALUE CHAIN ANALYSIS    67
5.5.1    R&D    67
5.5.2    RAW MATERIAL    67
5.5.3    OEM (COMPONENT/PRODUCT MANUFACTURERS)    67
5.5.4    ASSEMBLERS & INTEGRATORS    68
5.5.5    END USERS    68
5.6    TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS    68
5.6.1    REVENUE SHIFT AND NEW REVENUE POCKETS FOR LEO SATELLITE SYSTEM MANUFACTURERS    68
5.7    LEO SATELLITE MARKET ECOSYSTEM    69
5.7.1    PROMINENT COMPANIES    69
5.7.2    PRIVATE AND SMALL ENTERPRISES    69
5.7.3    ECOSYSTEM    69
FIGURE 24    MARKET ECOSYSTEM MAP: LEO SATELLITE MARKET    69
TABLE 3    LEO SATELLITE MARKET ECOSYSTEM    70
5.8    AVERAGE SELLING PRICE OF LEO SATELLITES    70
TABLE 4    AVERAGE SELLING PRICE TRENDS OF LEO SATELLITES, 2020 (USD)    70
5.9    OPERATIONAL DATA    71
TABLE 5    GLOBAL LEO SATELLITE LAUNCH VOLUME, BY SATELLITE TYPE, 2018–2021    71
5.10    PORTER’S FIVE FORCES ANALYSIS    71
TABLE 6    LEO SATELLITE: PORTER’S FIVE FORCE ANALYSIS    72
5.10.1    THREAT OF NEW ENTRANTS    72
5.10.2    THREAT OF SUBSTITUTES    72
5.10.3    BARGAINING POWER OF SUPPLIERS    73
5.10.4    BARGAINING POWER OF BUYERS    73
5.10.5    DEGREE OF COMPETITION    73
5.11    TARIFF AND REGULATORY LANDSCAPE    74
5.11.1    NORTH AMERICA    74
5.11.2    EUROPE    74
5.11.2.1    UN Outer Space Treaty    74
5.11.2.2    Developers    74
5.11.3    ASIA PACIFIC    74
5.11.4    MIDDLE EAST AND AFRICA.    75
6    INDUSTRY TRENDS    76
6.1    INTRODUCTIONS    76
6.2    TECHNOLOGY TRENDS    76
6.2.1    HIGH ALTITUDE PLATFORM STATION (HAPS) SYSTEMS    76
6.2.2    DEVELOPMENT OF SATELLITE CONSTELLATIONS TO PROVIDE COMMUNICATIONS    77
6.2.3    USE OF LEO SATELLITES TO PROVIDE ENHANCED SPACE IMAGERY    77
6.2.4    DEVELOPMENT OF DEDICATED LAUNCH VEHICLES FOR LEO SATELLITES    77
TABLE 7    STATE-OF-THE-ART LEO SATELLITE/CUBESAT TECHNOLOGIES    78
6.2.5    ADDITIVE MANUFACTURING    79
6.2.6    ADVANCEMENTS IN ELECTRIC PROPULSION SYSTEMS FOR LEO SATELLITES    79
6.2.7    DISTRIBUTED ELECTRIC POWER SYSTEM (EPS) IN SMALL SATELLITE APPLICATIONS    79
TABLE 8    DIFFERENCE BETWEEN DISTRIBUTED AND CENTRALIZED EPS ARCHITECTURE    80
6.2.8    HYPERSPECTRAL AND MULTI-SPECTRAL IMAGING DISTRIBUTED EPS IN SMALL SATELLITE APPLICATIONS    80
6.2.9    ENERGY STORAGE (PRIMARY & SECONDARY BATTERIES) DISTRIBUTED EPS IN SMALL SATELLITE APPLICATIONS    80
TABLE 9    BATTERY TECHNOLOGIES    81
6.3    USE CASES    81
6.3.1    USE CASE: SMALL SATELLITES FOR IOT AND COMMUNICATIONS    81
6.3.2    USE CASE: SPACE-BASED GLOBAL WIRELESS MONITORING SYSTEMS    82
6.3.3    USE CASE: MEASUREMENTS OF MAGNETIC AND ELECTRIC FIELDS ON EARTH’S IONOSPHERE    82
6.3.4    USE CASE: REAL-TIME DATA TO EMERGENCY SYSTEM    82
6.3.5    USE CASE: SATELLITE RADIATION HARDNESS TEST    83
6.4    IMPACT OF MEGATRENDS    83
6.4.1    HYBRID BEAMFORMING METHODS    83
6.4.2    COGNITIVE RADIO (SDR-CR) TECHNOLOGY    83
6.4.3    PATENT ANALYSIS    84
TABLE 10    INNOVATIONS & PATENT REGISTRATIONS, 2020-2021    84
7    LEO SATELLITE MARKET, BY TYPE    86
7.1    INTRODUCTION    87
FIGURE 25    SMALL SATELLITE SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    87
TABLE 11    LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    87
TABLE 12    LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    88
TABLE 13    LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    88
TABLE 14    LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    88
7.2    LARGE SATELLITE    88
7.2.1    DEMAND FROM GOVERNMENT AGENCIES TO DRIVE THE SEGMENT    88
7.3    MEDIUM SATELLITE    89
7.3.1    INCREASING FOR EARTH OBSERVATION TO DRIVE THE SEGMENT    89
7.4    SMALL SATELLITE    89
7.4.1    MINISATELLITE (100-500 KG)    90
7.4.1.1    Usage in earth observation and broadband internet to drive demand    90
7.4.2    MICROSATELLITE (10-100 KG)    90
7.4.2.1    Use in tactical communication in military applications to drive demand    90
7.4.3    NANOSATELLITE (1–10 KG)    91
7.4.3.1    Wide scope in commercial applications to drive demand    91
7.5    CUBESAT    91
7.5.1    0.25-1U    92
7.5.1.1    Key focus on developing 0.25-1U CubeSats for communication    92
7.5.2    2U    92
7.5.2.1    2U CubeSats are used for testing emerging technologies    92
7.5.3    3U    92
7.5.3.1    3U CubeSats are used for earth observation and traffic monitoring    92
7.5.4    6U    93
7.5.4.1    Increasing demand for space science missions to drive the segment    93
7.5.5    12U & 16U    93
7.5.5.1    Use in monitoring emissions to drive the segment    93
8    LEO SATELLITE MARKET, BY SUBSYSTEM    94
8.1    INTRODUCTION    95
TABLE 15    LEO SATELLITE MARKET, BY SUBSYSTEM, 2018–2020 (USD MILLION)    95
TABLE 16    LEO SATELLITE MARKET, BY SUBSYSTEM, 2021–2026 (USD MILLION)    96
8.2    SATELLITE BUS    96
TABLE 17    SATELLITE BUS MARKET, BY SUBTYPE, 2018–2020 (USD MILLION)    96
TABLE 18    SATELLITE BUS MARKET, BY SUBTYPE, 2021–2026 (USD MILLION)    97
8.2.1    ATTITUDE & ORBITAL CONTROL SYSTEM    97
8.2.1.1    Need for stability of payloads and pointing accuracy to drive
the segment    97
8.2.2    COMMAND & DATA HANDLING SYSTEM (C&DH)    97
8.2.2.1    C&DH system controls overall operations of satellites    97
8.2.3    ELECTRICAL POWER SYSTEM (EPS)    98
8.2.3.1    Technological advancements in electrical power systems to drive
the segment    98
8.2.4    PROPULSION    98
TABLE 19    PROPULSION SYSTEM MARKET, BY TYPE, 2018–2020 (USD MILLION)    98
TABLE 20    PROPULSION SYSTEM MARKET, BY TYPE, 2021–2026 (USD MILLION)    99
8.2.4.1    Chemical propulsion    99
8.2.4.1.1    Technological innovations to drive demand    99
8.2.4.2    Electric propulsion    99
8.2.4.2.1    Improved performance of new-generation systems to drive demand    99
8.2.4.3    Hybrid propulsion    100
8.2.4.3.1    Need for low-cost launch vehicles to drive demand    100
8.2.5    TELEMETRY, TRACKING, AND COMMAND (TT&C)    100
8.2.5.1    Need for effective communication between satellite and ground station to drive demand    100
8.2.6    STRUCTURE    100
8.2.6.1    Standardized structures enable proper placement of systems in satellites    100
8.2.7    THERMAL SYSTEM    101
8.2.7.1    Need for miniaturized thermal management systems to drive demand    101
8.3    PAYLOADS    101
TABLE 21    PAYLOAD SYSTEM MARKET, BY TYPE, 2018–2020 (USD MILLION)    101
TABLE 22    PAYLOAD SYSTEM MARKET, BY TYPE, 2021–2026 (USD MILLION)    101
8.3.1    TRADITIONAL PAYLOADS    102
TABLE 23    TRADITIONAL PAYLOAD SYSTEM MARKET, BY TYPE,
2018–2020 (USD MILLION)    102
TABLE 24    TRADITIONAL PAYLOAD SYSTEM, BY TYPE, 2021–2026 (USD MILLION)    102
8.3.1.1    Optical and infrared    102
8.3.1.1.1    Increased demand for Earth observation and remote sensing applications to drive the segment    102
8.3.1.2    Hyperspectral and multispectral imager    103
8.3.1.2.1    Increased need for applications like mapping & remote sensing to drive demand    103
8.3.1.3    Radar payload    103
8.3.1.3.1    Demand for high-resolution remote sensing to drive the segment    103
8.3.1.4    Communication payload/ transponder    104
8.3.1.4.1    Increasing demand for efficient communication for small satellites to drive the segment    104
8.3.1.5    Others    104
8.3.2    SOFTWARE-DEFINED PAYLOADS    104
8.3.2.1    Use of software-defined technology for flexibility to alter space mission to drive the segment    104
8.4    SOLAR PANELS    105
8.4.1    USE OF SOLAR PHOTOVOLTAIC PANELS TO SUPPLY POWER IN SPACE TO DRIVE THE SEGMENT    105
8.5    SATELLITE ANTENNA    105
8.5.1    WIRE ANTENNAS    105
8.5.1.1    Monopole    106
8.5.1.1.1    Monopole antennas provide shorter signals with a wider coverage area    106
8.5.1.2    Dipole    106
8.5.1.2.1    Dipole antennas are used for radio transmitting and receiving applications    106
8.5.2    HORN ANTENNAS    106
8.5.2.1    Horn antennas are used for Earth observation due to their wide range of frequency    106
8.5.3    ARRAY ANTENNAS    106
8.5.3.1    Advancements in solid-state technology have made phased array antennas more cost-effective    106
8.5.4    REFLECTOR ANTENNAS    107
8.5.4.1    Parabolic reflector    107
8.5.4.1.1    Parabolic reflectors are used for point-to-point communication    107
8.5.4.2    Double reflector    107
8.5.4.2.1    Double reflector has better gain than other antennas    107
8.6    OTHERS    107
9    LEO SATELLITE MARKET, BY APPLICATION    108
9.1    INTRODUCTION    109
FIGURE 27    COMMUNICATION SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    109
TABLE 25    LEO SATELLITE MARKET, BY APPLICATION, 2018–2020 (USD MILLION)    109
TABLE 26    LEO SATELLITE MARKET, BY APPLICATION, 2021–2026 (USD MILLION)    110
9.2    COMMUNICATION    110
9.2.1    ADVANCEMENTS IN TECHNOLOGY PROVIDING EFFICIENT MINIATURIZED COMMUNICATIONS SYSTEMS TO DRIVE DEMAND    110
9.3    EARTH OBSERVATION & REMOTE SENSING    111
9.3.1    COMPACT NATURE OF LEO SATELLITES LEAD TO EFFICIENT EARTH OBSERVATION AND REMOTE SENSING    111
9.4    SCIENTIFIC    111
9.4.1    MINIATURIZATION OF SUBCOMPONENTS AND PAYLOADS FACILITATES USE OF LEO SATELLITES FOR NEW SPACE SCIENCE MISSIONS    111

9.5    TECHNOLOGY    112
9.5.1    INCREASED INVESTMENTS IN LEO SATELLITES TO DEVELOP BETTER NAVIGATION AND TRACKING TECHNOLOGIES    112
9.6    OTHERS    112
10    LEO SATELLITE MARKET, BY END USER    113
10.1    INTRODUCTION    114
FIGURE 28    COMMERCIAL SEGMENT PROJECTED TO LEAD DURING FORECAST PERIOD    114
TABLE 27    LEO SATELLITE MARKET, BY END USER, 2018–2020 (USD MILLION)    114
TABLE 28    LEO SATELLITE MARKET, BY END USER, 2021–2026 (USD MILLION)    114
10.2    COMMERCIAL    115
TABLE 29    LEO SATELLITE MARKET, BY COMMERCIAL END USER,
2018–2020 (USD MILLION)    115
TABLE 30    LEO SATELLITE MARKET, BY COMMERCIAL END USER,
2021–2026 (USD MILLION)    115
10.2.1    SATELLITE OPERATORS/OWNERS    116
10.2.1.1    Extensive use of LEO satellites for commercialization and data transferability to drive the segment    116
10.2.2    MEDIA & ENTERTAINMENT    116
10.2.2.1    Increasing need for on-demand and streaming information and entertainment to drive the segment    116
10.2.3    ENERGY INDUSTRY    116
10.2.3.1    Demand for monitoring structural integrity of nuclear power stations to drive the segment    116
10.2.4    SCIENTIFIC RESEARCH & DEVELOPMENT    116
10.2.4.1    Endless prospects in space research to create market opportunities    116
10.2.5    OTHERS    117
10.3    GOVERNMENT & MILITARY    117
TABLE 31    LEO SATELLITE MARKET, BY GOVERNMENT AND MILITARY END USER,
2018–2020 (USD MILLION)    117
TABLE 32    LEO SATELLITE MARKET, BY GOVERNMENT AND MILITARY END USE,
2021–2026 (USD MILLION)    118
10.3.1    DEPARTMENT OF DEFENSE & INTELLIGENCE AGENCIES    118
10.3.1.1    Increasing demand for real-time data and imaging to drive the segment    118
10.3.2    NATIONAL SPACE AGENCIES    118
10.3.2.1    Small satellites launched into LEO lead to efficient earth observation and remote sensing    118
10.3.3    SEARCH AND RESCUE ENTITIES    119
10.3.3.1    Increased adoption of satellite-aided rescue & research to drive demand    119
10.3.4    ACADEMIC & RESEARCH INSTITUTIONS    119
10.3.4.1    Increasing support from governments to train students in LEO satellite development to drive the segment    119

10.3.5    NATIONAL MAPPING & TOPOGRAPHIC AGENCIES    119
10.3.5.1    Increased investments in LEO satellites to improve GPS-based navigation to drive the segment    119
10.4    DUAL-USE    120
10.4.1    INCREASE IN LAUNCH OF SATELLITES FOR BETTER CONNECTIVITY AND PROVISION OF HIGH-SPEED DATA TO DRIVE THE SEGMENT    120
11    LEO SATELLITE MARKET, BY FREQUENCY    121
11.1    INTRODUCTION    122
FIGURE 29    KU-BAND SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD    122
TABLE 33    SMALL SATELLITE MARKET, BY FREQUENCY, 2018–2020 (USD MILLION)    122
TABLE 34    SMALL SATELLITE MARKET, BY FREQUENCY, 2021–2026 (USD MILLION)    123
11.2    L-BAND    123
11.2.1    L-BAND IS EXTENSIVELY USED IN DATA COMMUNICATIONS AND TRAFFIC INFORMATION    123
11.3    S-BAND    124
11.3.1    LOW DRAG AND LIGHTWEIGHT S-BAND ANTENNAS ARE COMPATIBLE WITH SPACE OPERATIONS    124
11.4    C-BAND    124
11.4.1    LEO SATELLITES WITH C-BAND FREQUENCY ARE USED FOR NAVIGATION PURPOSES    124
11.5    X-BAND    124
11.5.1    USE OF X-BAND TO PROVIDE HIGH-THROUGHPUT COMMUNICATION FROM SPACECRAFT TO GROUND STATIONS    124
11.6    KU-BAND    125
11.6.1    NEED FOR A WIDER RANGE OF DATA COMMUNICATION TO DRIVE DEMAND    125
11.7    KA-BAND    125
11.7.1    KA-BAND ANTENNAS ARE USED FOR HIGH BANDWIDTH COMMUNICATION    125
11.8    Q/V-BAND    125
11.8.1    Q/V BAND ANTENNAS REDUCE SIGNAL FADING AT HIGH-FREQUENCY BANDS    125
11.9    HF/VHF/UHF-BAND    126
11.9.1    HF/VHF/UHF BAND ANTENNAS ARE EXTENSIVELY USED FOR CUBESAT COMMUNICATIONS    126
11.10    LASER/OPTICAL-BAND    126
11.10.1    LASER/OPTICAL BAND COMMUNICATION IN SPACE OPENS VIRTUALLY UNLIMITED CAPACITIES WITHOUT REGULATIONS    126
12    REGIONAL ANALYSIS    127
12.1    INTRODUCTION    128
TABLE 35    LEO SATELLITE MARKET SIZE, BY REGION, 2018–2020 (USD MILLION)    128
TABLE 36    LEO SATELLITE MARKET SIZE, BY REGION, 2021–2026 (USD MILLION)    128
12.2    NORTH AMERICA    129
12.2.1    NORTH AMERICA: COVID-19 IMPACT    129
12.2.2    PESTLE ANALYSIS: NORTH AMERICA    129
FIGURE 30    NORTH AMERICA: LEO SATELLITE MARKET SNAPSHOT    131
TABLE 37    NORTH AMERICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    131
TABLE 38    NORTH AMERICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    132
TABLE 39    NORTH AMERICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    132
TABLE 40    NORTH AMERICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE TYPE, 2021–2026 (USD MILLION)    132
TABLE 41    NORTH AMERICA: LEO SATELLITE MARKET, BY END USER,
2018–2020 (USD MILLION)    132
TABLE 42    NORTH AMERICA: LEO SATELLITE MARKET, BY END USER,
2021–2026 (USD MILLION)    133
TABLE 43    NORTH AMERICA: LEO SATELLITE MARKET, BY COUNTRY,
2018–2020 (USD MILLION)    133
TABLE 44    NORTH AMERICA: LEO SATELLITE MARKET, BY COUNTRY,
2021–2026 (USD MILLION)    133
12.2.3    US    133
12.2.3.1    Increasing use of LEO satellites in agriculture to drive the market    133
TABLE 45    US: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    134
TABLE 46    US: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    134
TABLE 47    US: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    135
TABLE 48    US: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    135
TABLE 49    US: LEO SATELLITE MARKET, BY END USER, 2018–2020 (USD MILLION)    135
TABLE 50    US: LEO SATELLITE MARKET, BY END USER, 2021–2026 (USD MILLION)    135
12.2.4    CANADA    136
12.2.4.1    Expansion of manufacturing facilities to drive the market    136
TABLE 51    CANADA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    136
TABLE 52    CANADA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    136
TABLE 53    CANADA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    137
TABLE 54    CANADA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    137
TABLE 55    CANADA: LEO SATELLITE MARKET, BY END USER, 2018–2020 (USD MILLION)    137
TABLE 56    CANADA: LEO SATELLITE MARKET, BY END USER, 2021–2026 (USD MILLION)    137
12.3    EUROPE    138
12.3.1    EUROPE: COVID-19 IMPACT    138
12.3.2    PESTLE ANALYSIS: EUROPE    138
FIGURE 31    EUROPE LEO SATELLITE MARKET SNAPSHOT    140
TABLE 57    EUROPE: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    141
TABLE 58    EUROPE: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    141
TABLE 59    EUROPE: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    141
TABLE 60    EUROPE: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    141
TABLE 61    EUROPE: LEO SATELLITE MARKET, BY END USER, 2018–2020 (USD MILLION)    142
TABLE 62    EUROPE: LEO SATELLITE MARKET, BY END USER, 2021–2026 (USD MILLION)    142
TABLE 63    EUROPE: LEO SATELLITE MARKET, BY COUNTRY, 2018–2020 (USD MILLION)    142
TABLE 64    EUROPE: LEO SATELLITE MARKET, BY COUNTRY, 2021–2026 (USD MILLION)    143
12.3.3    UK    143
12.3.3.1    Innovations in satellite technologies to drive the market    143
TABLE 65    UK: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    144
TABLE 66    UK: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    144
TABLE 67    UK: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    144
TABLE 68    UK: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    144
TABLE 69    UK: LEO SATELLITE MARKET, BY END USER, 2018–2020 (USD MILLION)    145
TABLE 70    UK: LEO SATELLITE MARKET, BY END USER, 2021–2026 (USD MILLION)    145
12.3.4    GERMANY    145
12.3.4.1    Increase in demand for CubeSats to drive the market    145
TABLE 71    GERMANY: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    146
TABLE 72    GERMANY: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    146
TABLE 73    GERMANY: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    146
TABLE 74    GERMANY: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    147
TABLE 75    GERMANY: LEO SATELLITE MARKET, BY END USER,
2018–2020 (USD MILLION)    147
TABLE 76    GERMANY: LEO SATELLITE MARKET, BY END USER,
2021–2026 (USD MILLION)    147
12.3.5    RUSSIA    148
12.3.5.1    Growing reliability on self-developed space systems to drive the market    148
TABLE 77    RUSSIA: LEO SATELLITE MARKET SIZE, BY SATELLITE MASS,
2018–2020 (USD MILLION)    148
TABLE 78    RUSSIA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    149
TABLE 79    RUSSIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    149
TABLE 80    RUSSIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    149
TABLE 81    RUSSIA: LEO SATELLITE MARKET, BY END USER, 2018–2020 (USD MILLION)    149
TABLE 82    RUSSIA: LEO SATELLITE MARKET, BY END USER, 2021–2026 (USD MILLION)    150
12.3.6    FINLAND    150
12.3.6.1    Increasing partnerships among local companies to drive the market    150
TABLE 83    FINLAND: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    150
TABLE 84    FINLAND: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    151
TABLE 85    FINLAND: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    151
TABLE 86    FINLAND: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    151
TABLE 87    FINLAND: LEO SATELLITE MARKET, BY END USER,
2018–2020 (USD MILLION)    152
TABLE 88    FINLAND: LEO SATELLITE MARKET, BY END USER,
2021–2026 (USD MILLION)    152
12.3.7    ITALY    152
12.3.7.1    Demand for Earth observation and science missions to drive the market    152
TABLE 89    ITALY: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    153
TABLE 90    ITALY: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    153
TABLE 91    ITALY: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    153
TABLE 92    ITALY: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    154
TABLE 93    ITALY: LEO SATELLITE MARKET, BY END USER, 2018–2020 (USD MILLION)    154
TABLE 94    ITALY: LEO SATELLITE MARKET, BY END USER, 2021–2026 (USD MILLION)    154
12.3.8    REST OF EUROPE    154
TABLE 95    REST OF EUROPE: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    155
TABLE 96    REST OF EUROPE: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    155
TABLE 97    REST OF EUROPE: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    155
TABLE 98    REST OF EUROPE: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    156
TABLE 99    REST OF EUROPE: LEO SATELLITE MARKET, BY END USER,
2018–2020 (USD MILLION)    156
TABLE 100    REST OF EUROPE: LEO SATELLITE MARKET, BY END USER,
2021–2026 (USD MILLION)    156
12.4    ASIA PACIFIC    157
12.4.1    ASIA PACIFIC: COVID-19 IMPACT    157
12.4.2    PESTLE ANALYSIS: ASIA PACIFIC    157
FIGURE 32    ASIA PACIFIC: LEO SATELLITE MARKET SNAPSHOT    159
TABLE 101    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    160
TABLE 102    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    160
TABLE 103    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    160
TABLE 104    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    160
TABLE 105    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    161
TABLE 106    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    161
TABLE 107    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY COUNTRY,
2018–2020 (USD MILLION)    161
TABLE 108    ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION)    162
12.4.3    CHINA    162
12.4.3.1    Dependence on self-made space technology to drive the market    162
TABLE 109    CHINA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    163
TABLE 110    CHINA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    163
TABLE 111    CHINA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    163
TABLE 112    CHINA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    163
TABLE 113    CHINA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    164
TABLE 114    CHINA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    164
12.4.4    INDIA    164
12.4.4.1    12.4.4.1 Upcoming space initiatives to drive the market    164
TABLE 115    INDIA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    165
TABLE 116    INDIA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    165
TABLE 117    INDIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    165
TABLE 118    INDIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    166
TABLE 119    INDIA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    166
TABLE 120    INDIA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    166
12.4.5    JAPAN    166
12.4.5.1    Involvement of private space companies in government space programs to drive the market    166
TABLE 121    JAPAN: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    167
TABLE 122    JAPAN: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2021 (USD MILLION)    167
TABLE 123    JAPAN: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    168
TABLE 124    JAPAN: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    168
TABLE 125    JAPAN: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    168
TABLE 126    JAPAN: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    168
12.4.6    SOUTH KOREA    169
12.4.6.1    Increased government funding to drive the market    169
TABLE 127    SOUTH KOREA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    169
TABLE 128    SOUTH KOREA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    170
TABLE 129    SOUTH KOREA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    170
TABLE 130    SOUTH KOREA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    170
TABLE 131    SOUTH KOREA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    171
TABLE 132    SOUTH KOREA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    171
12.4.7    AUSTRALIA    171
12.4.7.1    Government encouragement to new manufacturers for opening new facilities to drive the market    171
TABLE 133    AUSTRALIA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    172
TABLE 134    AUSTRALIA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    172
TABLE 135    AUSTRALIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    172
TABLE 136    AUSTRALIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    173
TABLE 137    AUSTRALIA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    173
TABLE 138    AUSTRALIA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    173
12.4.8    REST OF ASIA PACIFIC    174
TABLE 139    REST OF ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2018–2020 (USD MILLION)    174
TABLE 140    REST OF ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2021–2026 (USD MILLION)    174
TABLE 141    REST OF ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE, 2018–2020 (USD MILLION)    175
TABLE 142    REST OF ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE, 2021–2026 (USD MILLION)    175
TABLE 143    REST OF ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    175
TABLE 144    REST OF ASIA PACIFIC: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    176
12.5    MIDDLE EAST & AFRICA    176
12.5.1    MIDDLE EAST & AFRICA: COVID-19 IMPACT    177
12.5.2    PESTLE ANALYSIS: MIDDLE EAST AND AFRICA    177
FIGURE 33    MIDDLE EAST AND AFRICA: LEO SATELLITE MARKET SNAPSHOT    178
TABLE 145    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2018–2020 (USD MILLION)    179
TABLE 146    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2021–2026 (USD MILLION)    179
TABLE 147    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE, 2018–2020 (USD MILLION)    179
TABLE 148    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE, 2021–2026 (USD MILLION)    180
TABLE 149    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    180
TABLE 150    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    180
TABLE 151    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY COUNTRY,
2018–2020 (USD MILLION)    181
TABLE 152    MIDDLE EAST & AFRICA: LEO SATELLITE MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION)    181
12.5.3    SAUDI ARABIA    181
12.5.3.1    Collaboration with universities for technological advancements in space systems to drive the market    181
TABLE 153    SAUDI ARABIA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    182
TABLE 154    SAUDI ARABIA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    182
TABLE 155    SAUDI ARABIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    182
TABLE 156    SAUDI ARABIA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    183
TABLE 157    SAUDI ARABIA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    183
TABLE 158    SAUDI ARABIA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    183
12.5.4    ISRAEL    184
12.5.4.1    Increased private investments in space technology to drive the market    184
TABLE 159    ISRAEL: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    184
TABLE 160    ISRAEL: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    185
TABLE 161    ISRAEL: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    185
TABLE 162    ISRAEL: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    185
TABLE 163    ISRAEL: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    185
TABLE 164    ISRAEL: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    186
12.5.5    UAE    186
12.5.5.1    Advanced satellite systems required for border control to drive the market    186
TABLE 165    UAE: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    186
TABLE 166    UAE: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    187
TABLE 167    UAE: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    187
TABLE 168    UAE: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    187
TABLE 169    UAE: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    187
TABLE 170    UAE: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    188
12.5.6    REST OF MIDDLE EAST AND AFRICA    188
TABLE 171    REST OF MIDDLE EAST AND AFRICA: LEO SATELLITE MARKET SIZE,
BY SATELLITE TYPE, 2018–2020 (USD MILLION)    188
TABLE 172    REST OF MIDDLE EAST AND AFRICA: LEO SATELLITE MARKET SIZE,
BY SATELLITE TYPE, 2021–2026 (USD MILLION)    189
TABLE 173    REST OF MIDDLE EAST AND AFRICA: LEO SATELLITE MARKET SIZE,
BY SMALL SATELLITE, 2018–2020 (USD MILLION)    189
TABLE 174    REST OF MIDDLE EAST AND AFRICA: LEO SATELLITE MARKET SIZE,
BY SMALL SATELLITE, 2021–2026 (USD MILLION)    189
TABLE 175    REST OF MIDDLE EAST AND AFRICA: LEO SATELLITE MARKET SIZE,
BY END USER, 2018–2020 (USD MILLION)    190
TABLE 176    REST OF MIDDLE EAST AND AFRICA: LEO SATELLITE MARKET SIZE,
BY END USER, 2021–2026 (USD MILLION)    190"
"12.6    LATIN AMERICA    190
12.6.1    LATIN AMERICA: COVID-19 IMPACT    190
12.6.2    PESTLE ANALYSIS    191
FIGURE 34    LATIN AMERICA: LEO SATELLITE MARKET SNAPSHOT    192
TABLE 177    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    192
TABLE 178    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    193
TABLE 179    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    193

TABLE 180    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    193
TABLE 181    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    194
TABLE 182    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    194
TABLE 183    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY COUNTRY,
2018–2020 (USD MILLION)    194
TABLE 184    LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY COUNTRY,
2021–2026 (USD MILLION)    195
12.6.3    MEXICO    195
12.6.3.1    Collaborative studies and CubeSat launch initiatives by universities to drive the market    195
TABLE 185    MEXICO: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    195
TABLE 186    MEXICO: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    196
TABLE 187    MEXICO: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    196
TABLE 188    MEXICO: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2021–2026 (USD MILLION)    196
TABLE 189    MEXICO: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    196
TABLE 190    MEXICO: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    197
12.6.4    ARGENTINA    197
12.6.4.1    Increasing need for improving space situational awareness to drive the market    197
TABLE 191    ARGENTINA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2018–2020 (USD MILLION)    197
TABLE 192    ARGENTINA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE,
2021–2026 (USD MILLION)    198
TABLE 193    ARGENTINA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
2018–2020 (USD MILLION)    198
TABLE 194    ARGENTINA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE,
 2021–2026 (USD MILLION)    198
TABLE 195    ARGENTINA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    199
TABLE 196    ARGENTINA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    199
12.6.5    REST OF LATIN AMERICA    199
TABLE 197    REST OF LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2018–2020 (USD MILLION)    200
TABLE 198    REST OF LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SATELLITE TYPE, 2021–2026 (USD MILLION)    200

TABLE 199    REST OF LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE, 2018–2020 (USD MILLION)    200
TABLE 200    REST OF LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY SMALL SATELLITE, 2021–2026 (USD MILLION)    201
TABLE 201    REST OF LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY END USER,
2018–2020 (USD MILLION)    201
TABLE 202    REST OF LATIN AMERICA: LEO SATELLITE MARKET SIZE, BY END USER,
2021–2026 (USD MILLION)    201
13    COMPETITIVE LANDSCAPE    202
13.1    INTRODUCTION    202
13.2    COMPANY OVERVIEW    202
13.2.1    KEY DEVELOPMENTS OF LEADING PLAYERS IN LEO SATELLITE MARKET (2019-2021)    202
13.3    RANKING ANALYSIS OF KEY PLAYERS IN LEO SATELLITE MARKET    203
FIGURE 35    RANKING OF KEY PLAYERS IN LEO SATELLITE MARKET, 2020    203
13.4    MARKET SHARE OF KEY PLAYERS, 2020    204
13.5    REVENUE ANALYSIS FOR KEY COMPANIES IN LEO SATELLITE MARKET    206
13.6    COMPANY PRODUCT FOOTPRINT ANALYSIS    206
TABLE 203    COMPANY PRODUCT FOOTPRINT    206
TABLE 204    COMPANY SUBSYSTEMS FOOTPRINT    207
TABLE 205    COMPANY WEIGHT FOOTPRINT    208
13.7    COMPETITIVE EVALUATION QUADRANT    210
13.7.1    STAR    210
13.7.2    EMERGING LEADER    210
13.7.3    PERVASIVE    210
13.7.4    PARTICIPANT    210
FIGURE 36    MARKET COMPETITIVE LEADERSHIP MAPPING, 2020    211
13.8    STARTUP/SME EVALUATION QUADRANT    212
13.8.1    PROGRESSIVE COMPANY    212
13.8.2    RESPONSIVE COMPANY    212
13.8.3    STARTING BLOCK    212
13.8.4    DYNAMIC COMPANY    212
FIGURE 37    LEO SATELLITE MARKET (STARTUP/SME) COMPETITIVE LEADERSHIP MAPPING, 2020    213
13.9    COMPETITIVE SCENARIO    214
13.9.1    MARKET EVALUATION FRAMEWORK    214
13.9.2    NEW PRODUCT LAUNCHED AND DEVELOPMENT    214
TABLE 207    NEW PRODUCT LAUNCHES, JANUARY 2019–DECEMBER 2021    214
13.9.3    CONTRACTS, PARTNERSHIPS, AND AGREEMENTS    215
TABLE 208    CONTRACTS, PARTNERSHIPS, AND AGREEMENTS, JANUARY 2019–DECEMBER 2021    215
13.9.4    COLLABORATIONS AND EXPANSIONS    224
TABLE 209    EXPANSION AND COLLABORATION, JANUARY 2019–DECEMBER 2021    224
14    COMPANY PROFILES    228
14.1    INTRODUCTION    228
14.2    KEY PLAYERS    229
(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*
14.2.1    LOCKHEED MARTIN CORPORATION    229
TABLE 210    LOCKHEED MARTIN CORPORATION: BUSINESS OVERVIEW    229
FIGURE 38    LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT    230
TABLE 211    LOCKHEED MARTIN CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    230
TABLE 212    LOCKHEED MARTIN CORPORATION: DEALS    231
14.2.2    AIRBUS DEFENSE & SPACE    234
TABLE 213    AIRBUS DEFENCE AND SPACE: BUSINESS OVERVIEW    234
FIGURE 39    AIRBUS DEFENCE AND SPACE: COMPANY SNAPSHOT    235
TABLE 214    AIRBUS DEFENCE AND SPACE: PRODUCT/SOLUTIONS/SERVICES OFFERED    235
TABLE 215    AIRBUS DEFENCE AND SPACE: DEALS    237
14.2.3    L3HARRIS TECHNOLOGIES INC.    239
TABLE 216    L3HARRIS TECHNOLOGIES INC: BUSINESS OVERVIEW    239
FIGURE 40    L3HARRIS TECHNOLOGIES INC.: COMPANY SNAPSHOT    240
TABLE 217    L3HARRIS TECHNOLOGIES INC: PRODUCT/SOLUTIONS/SERVICES OFFERED    240
TABLE 218    L3HARRIS TECHNOLOGIES: DEALS    241
TABLE 219    L3HARRIS TECHNOLOGIES: OTHERS    241
14.2.4    NORTHROP GRUMMAN CORPORATION    243
TABLE 220    NORTHROP GRUMMAN CORPORATION: BUSINESS OVERVIEW    243
FIGURE 41    NORTHROP GRUMMAN CORPORATION: COMPANY SNAPSHOT    244
TABLE 221    NORTHROP GRUMMAN CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    244
TABLE 222    NORTHROP GRUMMAN CORPORATION: DEALS    245
14.2.5    SPACE EXPLORATION TECHNOLOGIES CORP. (SPACEX)    248
TABLE 223    SPACEX: BUSINESS OVERVIEW    248
TABLE 224    SPACEX: PRODUCT/SOLUTIONS/SERVICES OFFERED    248
TABLE 225    SPACEX: DEALS    249
TABLE 226    SPACEX: OTHERS    250
14.2.6    SIERRA NEVADA CORPORATION    251
TABLE 227    SIERRA NEVADA CORPORATION: BUSINESS OVERVIEW    251
TABLE 228    SIERRA NEVADA CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    251
TABLE 229    SIERRA NEVADA CORPORATION: DEALS    252
14.2.7    SURREY SATELLITE TECHNOLOGY LTD (SSTL)    253
TABLE 230    SURREY SATELLITE TECHNOLOGY LTD: BUSINESS OVERVIEW    253
TABLE 231    SURREY SATELLITE TECHNOLOGY LTD: PRODUCT/SOLUTIONS/SERVICES OFFERED    253
TABLE 232    SURREY SATELLITE TECHNOLOGY LTD.: DEALS    254
TABLE 233    SURREY SATELLITE TECHNOLOGY LTD.: OTHERS    256
14.2.8    THALES GROUP    257
TABLE 234    THALES GROUP: BUSINESS OVERVIEW    257
FIGURE 42    THALES GROUP: COMPANY SNAPSHOT    258
TABLE 235    THALES GROUP: PRODUCT/SOLUTIONS/SERVICES OFFERED    258
TABLE 236    THALES GROUP: DEALS    259
14.2.9    GOMSPACE    260
TABLE 237    GOMSPACE: BUSINESS OVERVIEW    260
FIGURE 43    GOMSPACE: COMPANY SNAPSHOT    261
TABLE 238    GOMSPACE: PRODUCT/SOLUTIONS/SERVICES OFFERED    261
TABLE 239    GOMSPACE: DEALS    263
14.2.10    PLANET LABS INC    265
TABLE 240    PLANET LAB INC: BUSINESS OVERVIEW    265
FIGURE 44    PLANET LAB INC: COMPANY SNAPSHOT    265
TABLE 241    PLANET LAB INC: PRODUCT/SOLUTIONS/SERVICES OFFERED    266
TABLE 242    PLANET LAB INC.: DEALS    267
TABLE 243    PLANET LAB INC.: OTHERS    268
14.2.11    RAYTHEON TECHNOLOGIES CORPORATION    269
TABLE 244    RAYTHEON TECHNOLOGIES CORPORATION: BUSINESS OVERVIEW    269
FIGURE 45    RAYTHEON TECHNOLOGIES CORPORATION: COMPANY SNAPSHOT    270
TABLE 245    RAYTHEON TECHNOLOGIES CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    270
TABLE 246    RAYTHEON TECHNOLOGIES CORPORATION: DEALS    273
TABLE 247    RAYTHEON TECHNOLOGIES CORPORATION.: OTHERS    274
14.2.12    OHB SE    275
TABLE 248    OHB SE: BUSINESS OVERVIEW    275
FIGURE 46    OHB SE: COMPANY SNAPSHOT    276
TABLE 249    OHB SE: PRODUCT/SOLUTIONS/SERVICES OFFERED    276
TABLE 250    OHB SE: DEALS    277
TABLE 251    OHB SE: OTHERS    277
14.2.13    MAXAR TECHNOLOGIES    278
TABLE 252    MAXAR TECHNOLOGIES: BUSINESS OVERVIEW    278
FIGURE 47    MAXAR TECHNOLOGIES: COMPANY SNAPSHOT    279
TABLE 253    MAXAR TECHNOLOGIES: PRODUCT/SOLUTIONS/SERVICES OFFERED    279
14.2.14    THE AEROSPACE CORPORATION    280
TABLE 254    THE AEROSPACE CORPORATION: BUSINESS OVERVIEW    280
TABLE 255    THE AEROSPACE CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    280
TABLE 256    THE AEROSPACE CORPORATION: DEALS    281
TABLE 257    THE AEROSPACE CORPORATION: OTHERS    281
14.2.15    MITSUBISHI ELECTRIC CORPORATION    282
TABLE 258    MITSUBISHI ELECTRIC CORPORATION: BUSINESS OVERVIEW    282
FIGURE 48    MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT    283
TABLE 259    MITSUBISHI ELECTRIC CORPORATION: PRODUCT/SOLUTIONS/SERVICES OFFERED    283
TABLE 260    MITSUBISHI ELECTRIC CORPORATION: DEALS    284
TABLE 261    MITSUBISHI ELECTRIC CORPORATION: OTHERS    284
14.2.16    EXOLAUNCH GMBH    285
TABLE 262    EXOLAUNCH GMBH: BUSINESS OVERVIEW    285
TABLE 263    EXOLAUNCH GMBH: PRODUCT/SOLUTIONS/SERVICES OFFERED    285
TABLE 264    EXOLAUNCH GMBH: DEALS    286
TABLE 265    EXOLAUNCH GMBH: OTHERS    287
14.2.17    PUMPKIN INC.    288
TABLE 266    PUMPKIN INC.: BUSINESS OVERVIEW    288
TABLE 267    PUMPKIN INC.: PRODUCT/SOLUTIONS/SERVICES OFFERED    288
14.2.18    BALL AEROSPACE & TECHNOLOGIES    289
TABLE 268    BALL AEROSPACE & TECHNOLOGIES: BUSINESS OVERVIEW    289
FIGURE 49    BALL AEROSPACE AND TECHNOLOGIES: COMPANY SNAPSHOT    289
TABLE 269    BALL AEROSPACE & TECHNOLOGIES.: PRODUCT/SOLUTIONS/SERVICES OFFERED    290
TABLE 270    BALL AEROSPACE & TECHNOLOGIES CORPORATION: OTHERS    290
14.2.19    DAURIA AEROSPACE LTD.    291
TABLE 271    DAURIA AEROSPACE LTD.: BUSINESS OVERVIEW    291
TABLE 272    DAURIA AEROSPACE LTD.: PRODUCT/SOLUTIONS/SERVICES OFFERED    291
14.2.20    AAC CLYDE SPACE    292
TABLE 273    AAC CLYDE SPACE: BUSINESS OVERVIEW    292
FIGURE 50    AAC CLYDE SPACE: COMPANY SNAPSHOT    293
TABLE 274    AAC CLYDE SPACE: PRODUCT/SOLUTIONS/SERVICES OFFERED    293
TABLE 275    AAC CLYDE SPACE: DEALS    295
TABLE 276    AAC CLYDE SPACE: OTHERS    296
14.2.21    MILLENNIUM SPACE SYSTEM, INC    297
TABLE 277    MILLENNIUM SPACE SYSTEM, INC.: BUSINESS OVERVIEW    297
TABLE 278    MILLENNIUM SPACE SYSTEM, INC: PRODUCT/SOLUTIONS/SERVICES OFFERED    297
TABLE 279    MILLENNIUM SPACE SYSTEMS, INC.: OTHERS    297
*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.
14.3    STARTUPS/SMES    298
14.3.1    ENDUROSAT    298
TABLE 280    ENDUROSAT: BUSINESS OVERVIEW    298
14.3.2    SWARM TECHNOLOGIES    299
TABLE 281    SWARM TECHNOLOGIES: BUSINESS OVERVIEW    299
14.3.3    NANOAVIONICS    300
TABLE 282    NANOAVIONICS: BUSINESS OVERVIEW    300
14.3.4    ALÉN SPACE    301
TABLE 283    ALÉN SPACE: BUSINESS OVERVIEW    301
14.3.5    NEARSPACE LAUNCH, INC.    302
TABLE 284    NEARSPACE LAUNCH INC.: BUSINESS OVERVIEW    302
14.3.6    SPIRE GLOBAL, INC.    303
TABLE 285    SPIRE GLOBAL, INC.: BUSINESS OVERVIEW    303
14.3.7    EARTH-I, INC.    303
TABLE 286    EARTH-I: BUSINESS OVERVIEW    303
14.3.8    TERRAN ORBITAL    304
TABLE 287    TERRAN ORBITAL: BUSINESS OVERVIEW    304
14.3.9    ALBA ORBITAL    305
TABLE 288    ALBA ORBITAL: BUSINESS OVERVIEW    305
14.3.10    SATELLOGIC    306
TABLE 289    SATELLOGIC: BUSINESS OVERVIEW    306
15    APPENDIX    307
15.1    DISCUSSION GUIDE    307
15.2    KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL    310
15.3    AVAILABLE CUSTOMIZATIONS    312
15.4    RELATED REPORTS    312
15.5    AUTHOR DETAILS    313"