Space Situational Awareness Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Offering (Service, Software), By Object (Mission Related Debris, Rocket Bodies, Fragmentation Debris, Non-Functional Spacecraft, Functional Spacecraft), By End Use (Commercial, Government & Military) and By Region
Published Date: January - 2025 | Publisher: MIR | No of Pages: 280 | Industry: Aerospace and Defense | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationSpace Situational Awareness Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Offering (Service, Software), By Object (Mission Related Debris, Rocket Bodies, Fragmentation Debris, Non-Functional Spacecraft, Functional Spacecraft), By End Use (Commercial, Government & Military) and By Region
The North America space situational awareness market is expected to reach USD140.18 million in the year 2028. The United States space situational awareness market is likely to value USD125.80 million in the year 2028
Increased Reliance on Space-based Assets
With an increase in demand for SSA services, there is a trend toward the commercialization of SSA, with private companies entering the market to offer these services to customers. As more countries, businesses, and organizations depend on satellite technology for a variety of uses, including communications, early warning for collisions, weather forecasting, and navigation, the demand for accurate and consistent SSA is anticipated to increase considerably. Additionally, the use of space-based assets has changed combat by enhancing intelligence, surveillance, and reconnaissance capabilities (ISR). Therefore, it is anticipated that these capabilities will be used more frequently by the public and private sectors to collect situational awareness in the space, maritime, and aviation domains. As the airlines use satellites to track aircraft in accordance with the International Civil Aviation Organization's (ICAO) recently established standards, which call for tracking an aircraft every 15 minutes. Additionally, these satellites are used to track ships and keep an eye out for suspicious activity near coastlines.
Emerging In-Orbit Services
In-orbit services, which provide satellites in orbit with inspection, repair, assembly, refueling, and life-extension assistance, are starting to take off in the space industry. When the satellite in space collides with a small portion of the in-orbit service mission, it causes the space trash. These activities are carried out by companies extremely close to the client's satellite. However, the corporation must use space situational awareness services in order to undertake safe in-orbit services. This suggests that improved space situational awareness services are crucial for the space industry.
Market Segmentation
Global Space Situational Awareness Market is segmented based on offering, object, end use, and by region. Based on offering the market is further fragmented into service and software. Based on object the market is divided into fragmentation debris, mission related debris, functional spacecraft, non-functional spacecraft, rocket bodies. Based on end use the market is divided into government & military, commercial. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa.
Company Profiles
LeoLabs, Inc., L3harris Technologies, Lockheed Martin Corporation, Parsons Corporation, Kratos Defense & Security Solutions, Inc., Northstar Earth & Space Inc, ExoAnalytic Solutions, DEIMOS SPACE S.L.U, Astroscale Holding Inc., Peraton Inc.,
|
Attribute |
Details |
|
Revenue
in 2022 |
USD202.11
Million |
|
Revenue
Forecast in 2028 |
USD339.50
Million |
|
Growth
rate |
9.29% |
|
United
States Revenue Forecast in 2028 |
USD125.80
Million |
|
Base Year |
2022 |
|
Historical Years |
2018 – 2021 |
|
Estimated
Year |
2023 |
|
Forecast
Period |
2024 – 2028 |
|
Quantitative
Units |
Revenue
in USD Million and Volume in Thousand Units, and CAGR for 2018-2022 and 2023-2028 |
|
Report
Coverage |
Revenue
forecast, volume forecast, company share, competitive landscape, growth
factors, and trends |
|
Segments
Covered |
·
By Offering ·
By Object ·
By End Use ·
By Region |
|
Regional
Scope |
North America,
Europe, Asia Pacific, South America, and Middle East & Africa |
|
Country
Scope |
United States, Canada, Mexico, Russia, Germany, France, United
Kingdom, Italy, Spain, Netherland, Poland, China, Japan, Australia, South
Korea, India, Thailand, Indonesia, Brazil, Argentina, Israel, Iran, Turkey,
UAE, Saudi Arabia |
|
Key
Companies Profiled |
LeoLabs, Inc., L3harris Technologies,
Lockheed Martin Corporation, Parsons Corporation, Kratos Defense &
Security Solutions, Inc., Northstar Earth & Space Inc, ExoAnalytic
Solutions, DEIMOS SPACE S.L.U, Astroscale Holding Inc., Peraton Inc. |
|
Customization
Scope |
10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope. |
|
Pricing
and Purchase Options |
Avail of customized
purchase options to meet your exact research needs. Explore purchase options |
|
Delivery
Format |
PDF and Excel through
Email (We can also provide the editable version of the report in PPT/pdf format
on special request) |
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