Middle Earth Orbit (MEO) satellite market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for satellite communication (SATCOM), along with the increasing need for air traffic management and significant application in defense is expected to fuel the growth of the market during the forecast period. There has been an increase in the adoption of small satellites by defense industries for various applications which includes atmospheric and geospace research, tactical communication, medium resolution imagery, and many others which are anticipated the grow the market. 

MEO satellites are also used for satellite communication (SATCOM) which has various applications in the aviation sector such as airline operations and air traffic management. With the rise of 5G across the globe, SATCOM is expected to grow at a rapid pace, in turn growing the demand for the MEO satellite market. At present, around 2.7 million devices are functioning based on MEO satellites which include devices from infrastructure, aviation, environmental monitoring, shipping, and military support. The other application of MEO satellite is its use for payload, the growing need to transfer payloads such as software payloads, communication payloads from the telecom sector, and many others to space stations for repair and various other means is also expected to drive the market. Some of the key global players in the MEO satellite market include SES S.A, Viasat, Inc., Intelsat, Telesat, Echostar Corp., L3Harris Technologies, SKY Perfect JSAT Holdings, Inc., Cobham Ltd., Gilat Satellite Networks, and many others. 

Market Coverage

• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered- 

o By Component

o By Application

o By Vertical

• Regions Covered 

o North America

o Europe

o Asia-Pacific

o Rest of the World

• Competitive Landscape - SES S.A, Viasat, Inc., Intelsat, Telesat, Echostar Corp., L3Harris Technologies, SKY Perfect JSAT Holdings, Inc., Cobham Ltd., Gilat Satellite Networks, and many others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominates the market in base year?
• Which segment and region will project fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from pre-COVID forecast

o Most affected region and segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Middle Earth Orbit (MEO) Satellite Market 

o By Component

• SATCOM Transmitter
• SATCOM Antenna
• SATCOM Receiver
• SATCOM Modem
• Others

o By Application 

• Monitoring
• Airtime 
• Voice transmission
• Data transmission 
• Navigation 
• Broadcasting

o By Vertical 

• Energy and utility
• Government and Defense
• Transport
• Others

Global Middle Earth Orbit (MEO) Satellite Market – Segment by Region