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Low Earth Orbit (LEO) Remote Sensing, Imagery & Data Services Market Share
Exolaunch GmbH, GomSpace, and Lockheed Martin Corporation are key players in the LEO satellite market. Exolaunch GmbH specializes in launch services and satellite deployment, facilitating access to LEO orbits for various operators. GomSpace focuses on small satellite solutions and constellations, supporting numerous applications from Earth observation to communications. Lockheed Martin Corporation leverages its extensive aerospace expertise to develop advanced satellite systems and solutions, contributing significantly to both commercial and defense sectors.
Maxar Technologies, Millennium Space Systems, Inc., and Mitsubishi Electric Corporation are also prominent in this space. Maxar Technologies excels in high-resolution Earth observation and satellite imagery, enhancing data analytics capabilities. Millennium Space Systems, Inc. offers innovative satellite design and manufacturing, with a focus on modular and customizable solutions.
Low Earth Orbit (LEO) Remote Sensing, Imagery & Data Services Market Companies
Major players operating in industry are:
- Airbus Defence and Space
- BAE Systems
- China Aerospace Science and Technology Corporation (CASC)
- Exolaunch GmbH
- GomSpace
- Lockheed Martin Corporation
- Maxar Technologies
- Millennium Space Systems, Inc.
- Mitsubishi Electric Corporation
- Northrop Grumman Corporation
- OHB SE
- OneWeb
- Sierra Nevada Corporation
- SpaceX
- Thales Alenia Space
Which industry vertical is the fastest growing in the LEO remote sensing market?
The agriculture, forestry, and fishing segment is the fastest-growing industry vertical in the LEO remote sensing market, with a CAGR of over 19.5% in 2023.
How big is the low earth orbit (LEO) remote sensing, imagery, and data services market?
The global LEO remote sensing, imagery, and data services market was valued at USD 3.5 billion in 2023 and is estimated to grow at a CAGR of 18.9% from 2024 to 2032, driven by the push for universal internet access.
How much is the North America LEO remote sensing market worth?
North America LEO remote sensing, imagery, and data services market held a share of over 43.7% in 2023 driven by high demand for broadband internet in underserved areas and advancements in satellite technology.
Who are the major players in the LEO remote sensing, imagery, and data services market?
Key players in the industry include Exolaunch GmbH, GomSpace, Lockheed Martin Corporation, Maxar Technologies, Millennium Space Systems, Inc., Mitsubishi Electric Corporation, and Northrop Grumman Corporation.