Global space situational awareness (SSA) Market size is projected to be valued $XX Billion by 2025; with a CAGR of XX% from 2017 to 2025. According to the “Space Foundation,” the terms Space Situational Awareness (SSA) refers to the ability to view, understand and predict the physical location of natural and manmade objects in orbit around the Earth, with the objective of avoiding collisions. SSA is able to predict the knowledge of space activities, conditions, events, threats, and space system and enable commanders, decision makers, planners and operators to maintain and gain space superiority across the spectrum of conflict to benefit from the potential resources present in either man-made or natural debris.
The growing congestion of objects in the space and rising need for carrying out governmental or commercial on-orbit satellite activities are boosting the growth of the global space situational awareness (SSA) market. However, safety and strict regulations by various space regulatory authorities involved in spatial activities may hinder the growth of the market. Furthermore, ongoing research & development and opportunities among various industries from developed & emerging economies would provide growth in the upcoming years.
The global space situational awareness (SSA) market is segmented based on the offering, object, end user and geography. Offering segment can be further segmented into services and software. The object segment is further divided into mission-related debris, rocket bodies, fragmentation debris, functional spacecraft, and non-functional spacecraft segment. End user segment can be bifurcated into government & military and commercial.
The global space situational awareness (SSA) market by geography is segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S. and Canada are covered under North America wherein Europe covers U.K, Germany, France, Russia, Italy, and others. Asia-Pacific covers China, India, Japan, South Korea, Australia, and others. RoW covers South America, Middle East, and Africa.
Major companies operating in the global space situational awareness (SSA)market areVision Engineering Solutions,Exoanalytic Solutions,Schafer,Etamax Space, Kratos Defense & Security Solutions,Analytical Graphics,Lockheed Martin,Sky and Space Global, Norstar Space Data, andPolaris Alpha among others.
The key takeaways from the report
The detailed analysis of Global space situational awareness (SSA) Marketwith respect to key segments such as offering, object, end userand geography has been included in the report
The report comprises the qualitative and quantitative analysis of the market with market estimation over 2016 – 2025 and CAGR between 2017 and 2025
Comprehensive analysis of market dynamics including growth factors, restraining factors and opportunities will be provided in the report
An exhaustive regional and country wise analysis of global space situational awareness (SSA) markethas been covered in the report
Profile of the major key players operating in the global space situational awareness (SSA)marketwill be provided, with detailed study on their key financials, product & services, new developments and business strategies.
Scope of space situational awareness (SSA) Market
End user Segments
Government & Military
Department of Defense
Search and Rescue Entities
Academic and Research Institutions
Space Insurance Companies
Air Traffic & Navigation Service Providers