Latin America Satellite Payloads Market Size & Outlook
Related Markets
Latin America satellite payloads market highlights
- The Latin America satellite payloads market generated a revenue of USD 231.4 million in 2024.
- The market is expected to grow at a CAGR of 16.2% from 2025 to 2030.
- In terms of segment, low earth orbit (leo) was the largest revenue generating orbit in 2024.
- Low Earth Orbit (LEO) is the most lucrative orbit segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
| Market revenue in 2024 | USD 231.4 million |
| Market revenue in 2030 | USD 599.3 million |
| Growth rate | 16.2% (CAGR from 2025 to 2030) |
| Largest segment | Low earth orbit (leo) |
| Fastest growing segment | Low Earth Orbit (LEO) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Earth Orbit (LEO), Medium Earth Orbit (MEO), Geostationary Earth Orbit (GEO) |
Other key industry trends
- In terms of revenue, Latin America region accounted for 2.6% of the global satellite payloads market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 8,072.3 million by 2030.
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Satellite Payloads Market Scope
Satellite Payloads Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Sierra Nevada Corporation | View profile | 1001-5000 | Sparks, Nevada, United States, North America | https://www.sncorp.com |
| Airbus | View profile | 10001+ | Leiden, Zuid-Holland, The Netherlands, Europe | http://www.airbus.com |
| Lockheed Martin Corporation | View profile | - | - | - |
| Thales Group | View profile | 10001+ | Paris, Ile-de-France, France, Europe | http://www.thalesgroup.com |
| General Dynamics Corp | View profile | 111600 | 11011 Sunset Hills Road, Reston, VA, United States, 20190 | https://www.gd.com |
| Boeing Co | View profile | 171000 | 929 Long Bridge Drive, Arlington, VA, United States, 22202 | https://www.boeing.com |
| Northrop Grumman Corp | View profile | 101000 | 2980 Fairview Park Drive, Falls Church, VA, United States, 22042 | https://www.northropgrumman.com |
| Mitsubishi Heavy Industries Ltd | View profile | 86331 | 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo, Japan, 100-8332 | https://www.mhi.com |
| L3Harris Technologies Inc | View profile | 50000 | 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 | https://www.l3harris.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
Latin America satellite payloads 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 satellite payloads market will help companies and investors design strategic landscapes.
Low earth orbit (leo) was the largest segment with a revenue share of 53.54% in 2024. Horizon Databook has segmented the Latin America satellite payloads market based on low earth orbit (leo), medium earth orbit (meo), geostationary earth orbit (geo) covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of satellite payloads market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America satellite payloads market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America satellite payloads market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Latin America satellite payloads market size, by country, 2018-2030 (US$M)
Latin America Satellite Payloads Market Outlook Share, 2024 & 2030 (US$M)
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