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    Space Situational Awareness Market

    Space Situational Awareness Market
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    Space Situational Awareness (SSA) Market Size, Share, Trend, See more...

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    Space Situational Awareness (SSA) Market Insights 

    Space situational awareness (SSA) market is likely to witness an impressive CAGR of 6.2% during the forecast period. The growth of the global space situational awareness market is driven by a wide array of factors, such as increasing congestion of objects in space and growing emphasis by various government agencies and private entities on space situational awareness.

    Space Situational Awareness (SSA) Market - Snapshot

    Growth

    6.2% for the next five years

    Major Offering Type

    Services

    Major End-User Type

    Commercial

    Dominant Object Type

    Fragmentation debris

    Region with the highest demand

    North America

    Key Players

    Analytical Graphics, Applied Defense Solutions, Exoanalytic Solutions, Etamax Space, Elecnor Deimos Group, GMV Innovating Solutions, Kratas Defense & Security Solutions, Lockheed Martin, Norstar Space Data, and Polaris Alpha.

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    Space Situational Awareness (SSA) Market Share: By Offering Type 

     Based on the offering type, the market is segmented as services and software. The services segment dominated the market in 2018 and is likely to lead the market during the forecast period. The growth of this segment is owing to the unending activities, such as space debris modeling and robotic exploration of the solar system and prominence on emerging space weather and Near-Earth Object (NEO) services, while research, development, and authentication activities remain in the sphere of space surveillance and tracking.

    Space Situational Awareness (SSA) Market Share: By End-User Type

    Based on the end-user type, the market is segmented as government & military and commercial. The commercial segment is expected to depict a higher growth as against the government & military segment, in the coming five years, owing to various private space entities eyeing on SSA solutions for satellite operations during a satellite’s lifecycle.  Commercial establishments are seeking an attention in space situational awareness to provide space-based services, such as conjunction avidness of satellites, deorbiting of non-functional spacecraft, and elimination of debris left over by government/military surveillance networks, and providing data-sharing transparency for satellite operators/owners.

    Space Situational Awareness (SSA) Market Share: By Object Type

    Based on the object type, the market is segmented as mission-related debris, rocket bodies, fragmentation debris, functional spacecraft, non-functional spacecraft, and others. The fragmentation debris segment dominated the market in 2018, and is estimated to continue its command during the forecast period as well. The growth of this segment can be attributed to the escalating congestion in space, owing to fragmentation debris, coupled with an upsurge in various space exploration activities.

    Space Situational Awareness (SSA) Market Share: By Region

    In terms of regions, North America held the largest share of the space situational awareness market in 2018. The market is driven by high demand for space situational awareness happenings from prominent establishments, such as NASA and the Department of Defense, owing to the growing dependence on space assets and for preserving safe space operations. Europe and Asia-Pacific held substantial shares of the space situational awareness market in 2018. The Middle East, South America, and Africa are the other major regions expected in the Rest of the World (RoW) region, which are also expected to offer considerable growth opportunities during the forecast period.

    Some of the major players in the space situational awareness (SSA) market are Analytical Graphics, Applied Defense Solutions, Exoanalytic Solutions, Etamax Space, Elecnor Deimos Group, GMV Innovating Solutions, Kratos Defense & Security Solutions, Lockheed Martin, Norstar Space Data, and Polaris Alpha. 

     

    Market Scope & Segmentation

    Space Situational Awareness can be defined as the knowledge that is attained about the environment of the near-space. Natural as well as man-made components are a part of such awareness. Some of the focal points are particles-fluxes near the Earth, artificial objects orbiting, and many others.

    Space Situational Awareness is also at times defined as the ability to understand and then predict the location of the artificial as well as the natural objects revolving with the environment near the Earth. It is all about knowing the past of the components and also predicting its future that can be helpful in trying to stop collisions in the space.

    This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.           

    Space Situational Awareness (SSA) Market Research Report - Features

    Market Segmentation

    4 ways

    Regions Covered

    4

    Countries/Sub-Regions Covered

    15

    No. of Figures & Tables

    >150

    Company Profiles

    10

     

    The space situational awareness (SSA) market is segmented into the following categories. 

    Space Situational Awareness (SSA) Market Size, Share, & Forecast, by Offering Type:

    • Services
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Offering Type Analysis: Space Weather Services, Near-Earth Object Detection Services, and Space Surveillance and Tracking Services)
    • Software
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (Offering Type Analysis: Orbit Determination Tool Kit, Comspoc, Space Data Centre, Space Event Generator, Joint Space Operations Centre, and Others)

    Space Situational Awareness (SSA) Market Size, Share, & Forecast, by End-User Type:

    • Government & Military
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-User Type Analysis: Space Agencies, Departments of Defense, Search and Rescue Entities, Intelligence Community, Academic and Research Institutions)
    • Commercial
      • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
      • (End-User Type Analysis: Satellite Operators/Owners, Launch Providers, Space Insurance Companies, Energy Industry, Air Traffic & Navigation Service Providers, and Others)

    Space Situational Awareness (SSA) Market Size, Share, & Forecast, by Object Type:

    • Mission-Related Debris (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Rocket Bodies (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Fragmentation Debris (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Functional Spacecraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Non-Functional Spacecraft (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
    • Others (Regional Analysis: North America, Europe, Asia-Pacific, and RoW

    Space Situational Awareness (SSA) Market Size, Share, & Forecast, by Region:

    • North America (Country Analysis: the USA, Canada, and Mexico) 
    • Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
    • Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
    • Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

     

    Research Methodology

    This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

     

    Report Features

    This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

    • Market structure: Overview, industry life cycle analysis, supply chain analysis
    • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
    • Market trend and forecast analysis
    • Market segment trend and forecast
    • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
    • Attractive market segments and associated growth opportunities
    • Emerging trends
    • Strategic growth opportunities for the existing and new players
    • Key success factors

     

    Report Customization Options

    With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

    Company Profiling

    • Detailed profiling of additional market players (up to 3 players)
    • SWOT analysis of key players (up to 3 players)

    Market Segmentation

    • Current market segmentation of any one of the offering types by end-user type.  

    Competitive Benchmarking

    • Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

    Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected]


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