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(Transportation-News.com, August 29, 2024 )
North America held the largest share of the LEO Satellite Market in 2023, driven by its status as a hub for space innovation and research, highlighted by the presence of NASA. In 2022, the U.S. government allocated nearly USD 62 billion to space programs, making it the highest global spender. The U.S. leads in satellite development and launches, supported by strong commercial and defense applications. SpaceX, through its Starlink constellation, and OneWeb are key players, focusing on global broadband coverage. Canadian company Telesat is also active in the LEO satellite market, developing its Telesat Lightspeed constellation for diverse market needs.
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/LEO-Satellite-Market/2001
LEO Satellite Market Segmentation
By Type
Below 50 Kg
50-500 Kg
Above 500 Kg
By Application
Commercial
Military
Others
To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/LEO-Satellite-Market/2001
LEO Satellite Market Key Players:
SpaceX
OneWeb
Amazon's Project Kuiper
Telesat
Planet Labs
Stellar Market Research is leading Aerospace & Defense research firm, has also published the following reports:
Military Simulation and Virtual Training Market size was valued at USD 15.47 Bn. in 2023 and is expected to reach USD 22.80 Bn. by 2030, at a CAGR of 5.7%
FPV Drone Market size was valued at USD 219 Mn. in 2023 and the total Global FPV Drone revenue is expected to grow at a CAGR of 31.38 % from 2024 to 2030, reaching nearly USD 1480 Mn. by 2030.
About Stellar Market Research
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