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    Space Situational Awareness Market Report

    Space Situational Awareness Market Report
    Report code - SRAD234 Delivery - 2 Weeks
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    Space Situational Awareness (SSA) Market Size, Share, Trend, Forecast, & Industry Anal See more...

    Impact of COVID-19 on Space Situational Awareness Market

    Covid-19 has impacted the market dynamics, competition, and global...

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    Impact of COVID-19 on Space Situational Awareness Market

    Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.

    Note: The summary below might not have included insights on covid impact since we have large number of reports.

    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.

    Segments' Analysis

    Space-Situational-Awareness-(SSA)-Market-Dominant-Segments

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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.

    Space-Situational-Awareness-(SSA)-Market-By-Region

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    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)