UK Leo Satellite Market Size & Outlook, 2025-2033

The leo satellite market in UK is expected to reach a projected revenue of US$ 2,764.9 million by 2033. A compound annual growth rate of 13.1% is expected of UK leo satellite market from 2025 to 2033.
Revenue, 2024 (US$M)
$922.5
Forecast, 2033 (US$M)
$2,764.9
CAGR, 2025 - 2033
13.1%
Report Coverage
UK

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UK leo satellite market, 2021-2033 (US$M)

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UK leo satellite market highlights

  • The UK leo satellite market generated a revenue of USD 922.5 million in 2024 and is expected to reach USD 2,764.9 million by 2033.
  • The UK market is expected to grow at a CAGR of 13.1% from 2025 to 2033.
  • In terms of segment, large satellite was the largest revenue generating satellite mass in 2024.
  • Cube Sats is the most lucrative satellite mass segment registering the fastest growth during the forecast period.


Leo satellite market data book summary

Market revenue in 2024USD 922.5 million
Market revenue in 2033USD 2,764.9 million
Growth rate13.1% (CAGR from 2025 to 2033)
Largest segmentLarge satellite
Fastest growing segmentCube Sats
Historical data2021 - 2023
Base year2024
Forecast period2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationSmall Satellite, Cube Sats, Medium Satellite, Large Satellite
Key market players worldwideLockheed Martin Corp, Airbus Defence & Space, Northrop Grumman Corporation, SpaceX, L3Harris Technologies Inc, Astrocast SA, China Aerospace Science and Technology Corporation, German Orbital Systems, NanoAvionics, GomSpace, Planet Labs PBC, AAC Clyde Space


Other key industry trends

  • In terms of revenue, UK accounted for 7.3% of the global leo satellite market in 2024.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
  • In Europe, UK leo satellite market is projected to lead the regional market in terms of revenue in 2033.
  • Germany is the fastest growing regional market in Europe and is projected to reach USD 1,289.1 million by 2033.

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LEO Satellite Market Companies

Name Profile # Employees HQ Website
NanoAvionics View profile 251-500 Columbia, Illinois, United States, North America https://nanoavionics.com/
German Orbital Systems View profile 11-50 Berlin, Berlin, Germany, Europe http://www.orbitalsystems.de/
China Aerospace Science and Technology Corporation View profile 251-500 Beijing, Beijing, China, Asia http://english.spacechina.com/
Northrop Grumman Corporation View profile 10001+ Fort George G Meade, Maryland, United States, North America https://www.northropgrumman.com/
Airbus Defence & Space View profile 10001+ Houston, Texas, United States, North America https://www.airbus.com/defence.html
GomSpace View profile 51-100 Aalborg, Nordjylland, Denmark, Europe http://www.gomspace.com/
AAC Clyde Space View profile 101-250 Uppsala, Uppsala Lan, Sweden, Europe https://www.aac-clyde.space/
Astrocast SA View profile 50 Chemin des Ramiers 20, Chavannes-pres-Renens, Vaud, Switzerland, 1022 https://www.astrocast.com
SpaceX View profile 1001-5000 Hawthorne, California, United States, North America https://www.spacex.com
Planet Labs PBC View profile 1180 645 Harrison Street, 4th Floor, San Francisco, CA, United States, 94107 https://www.planet.com
Lockheed Martin Corp View profile 122000 6801 Rockledge Drive, Bethesda, MD, United States, 20817 https://www.lockheedmartin.com
L3Harris Technologies Inc View profile 50000 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 https://www.l3harris.com

UK leo satellite market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to leo satellite market will help companies and investors design strategic landscapes.


Large satellite was the largest segment with a revenue share of 43.17% in 2024. Horizon Databook has segmented the UK leo satellite market based on small satellite, cube sats, medium satellite, large satellite covering the revenue growth of each sub-segment from 2021 to 2033.


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  • Our clientele includes a mix of leo satellite market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Horizon Databook provides a detailed overview of country-level data and insights on the UK leo satellite market , including forecasts for subscribers. This country databook contains high-level insights into UK leo satellite market from 2021 to 2033, including revenue numbers, major trends, and company profiles.

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UK leo satellite market size, by satellite mass, 2021-2033 (US$M)

UK LEO Satellite Market Outlook Share, 2024 & 2033 (US$M)

UK leo satellite market size, by satellite mass, 2021-2033 (US$M)

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