Space Situational Awareness Market Analysis and Global Forecast 2023-2033
$ 1,390.00 – $ 5,520.00
Space Situational Awareness Market Research Report: Information By Offering (Services, Software), By Component (Mission-related Debris, Rocket Bodies, Fragmentation Debris, Functional Spacecraft, Non-Functional Spacecraft), By Vehicle Type (Government & Military, Commercial), and by Region — Forecast till 2033
Page: 139
Space Situational Awareness Market Overview
The Space Situational Awareness Market Size is expected to reach USD 1.85 Billion by 2034. The Space Situational Awareness Market industry size accounted for USD 1.54 Billion in 2023 and is expected to expand at a compound annual growth rate (CAGR) of 4.41% from 2021 to 2034. The Space Situational Awareness (SSA) Market refers to the industry focused on monitoring, analyzing, and managing objects and activities in space. This includes tracking satellites, space debris, and other space objects to ensure the safety and operational integrity of space missions and assets.
The SSA market is driven by the increasing number of satellites, space missions, and the growing concern over space debris.
Global Space Situational Awareness Market Synopsis
Space Situational Awareness Market Dynamics
The major factors that have impacted the growth of Space Situational Awareness Market are as follows:
Drivers:
Ø Technological Advancements
Innovations in satellite technology, ground-based tracking systems, and data analytics enhance the capabilities of SSA systems, leading to increased adoption and market growth. Monitoring space weather phenomena, such as solar storms, that can impact space assets and communications drives the demand for comprehensive SSA systems that include space weather analysis. With the growing strategic importance of space, there is a heightened focus on space security, including protecting assets from potential threats and ensuring the safety of space infrastructure.
Restraint:
- Perception of High Costs and Technical Challenges
The development, deployment, and maintenance of advanced SSA systems can be expensive. High costs associated with technology development, satellite launches, and data processing can limit market growth, especially for smaller organizations and countries. Tracking and managing space objects, especially in a cluttered environment, involves significant technical challenges. Developing accurate and reliable tracking systems, handling data overload, and maintaining system performance are ongoing issues.
Opportunity:
⮚ Space Traffic Management Solutions
As space traffic increases, there is a growing need for comprehensive space traffic management solutions. Companies can capitalize on this by developing integrated systems that offer real-time tracking, collision avoidance, and traffic coordination. The development of technologies and services for active space debris removal presents a significant opportunity. Companies can explore innovative solutions for capturing, de-orbiting, or repurposing space debris. There is an opportunity to integrate SSA systems with ground-based infrastructure and other space systems to create comprehensive space situational awareness networks.
Space Situational Awareness Market Segment Overview
By Offering
Based on Offering, the market is segmented based on Services and Software. The services segment dominated the market. 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.
By Component
Based on Component, the market segment has been divided into Mission-related Debris, Rocket Bodies, Fragmentation Debris, Functional Spacecraft and Non-Functional Spacecraft. The fragmentation debris segment dominated the market. 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.
By Vehicle Type
Based on Vehicle Type, the market segment has been divided into Government & Military and Commercial. The commercial segment dominant the market. Commercial establishments are seeking attention in space situational awareness to provide space-based services, such as conjunction avidness of satellites, deorbiting of non-functional spacecraft, elimination of debris left over by government/military surveillance networks, and providing data-sharing transparency for satellite operators/owners.
Global Space Situational Awareness Market Regional Analysis
Based on region, the global Space Situational Awareness Market has been divided into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America. North America is projected to dominate the use of the Space Situational Awareness Market followed by the Asia-Pacific and Europe regions.
Space Situational Awareness North America Market
North America holds a dominant position in the Space Situational Awareness Market. The U.S. is a major player in the SSA market, driven by the presence of NASA, the U.S. Space Force, and numerous private space companies like SpaceX and Boeing and the U.S. has well-established regulations and policies for space traffic management and space debris, contributing to a mature SSA market.
Space Situational Awareness Asia-Pacific Market
The Asia-Pacific region has indeed emerged as the fastest-growing market for the Space Situational Awareness Market industry. The Asia-Pacific region, including countries like China, India, and Japan, is experiencing rapid growth in space activities and investments in SSA. Countries like China and India are advancing their space capabilities and investing in SSA systems to manage their expanding satellite constellations and space missions and there is an increasing emphasis on regional collaboration and partnerships to address space situational challenges and share information.
Competitive Landscape
The global Space Situational Awareness Market is highly competitive, with numerous players offering a wide range of software solutions. The competitive landscape is characterized by the presence of established companies, as well as emerging startups and niche players. To increase their market position and attract a wide consumer base, the businesses are employing various strategies, such as product launches, and strategic alliances.
Prominent Players:
- Etamax Space
- Kratos Defense & Security Solutions
- Lockheed Martin
- Sky and Space Global
- Norstar Space Data
- Polaris Alpha
- Solers
- Spacenav
- GMV Innovating Solutions
- Schafer
Scope of the Report
Global Space Situational Awareness Market, by Offering
- Services
- Software
Global Space Situational Awareness Market, by Component
- Mission-related Debris
- Rocket Bodies
- Fragmentation Debris
- Functional Spacecraft
- Non-Functional Spacecraft
Global Space Exploration Market, by Vehicle type
- Government & Military
- Commercial
Global Space Situational Awareness Market, by Region
- North America
- US
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Benelux
- Nordic
- Rest of Europe
- Asia Pacific
- China
- Japan
- South Korea
- Indonesia
- Austalia
- Malaysia
- India
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of Middle East & Africa
| Parameters | Indicators |
|---|---|
| Market Size | 2033: USD 1.85 Billion |
| CAGR (2023-2033) | 4.41% |
| Base year | 2022 |
| Forecast Period | 2023-2033 |
| Historical Data | 2021 (2017 to 2020 On Demand) |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Key Segmentations | Offering, Component, Vehicle Type |
| Geographies Covered | North America, Europe, Asia-Pacific, South America, Middle East, Africa |
| Key Vendors | Etamax Space, Kratos Defense & Security Solutions, Lockheed Martin, Sky and Space Global, Norstar Space Data, Polaris Alpha, Solers, Spacenav, GMV Innovating Solutions and Schafer |
| Key Market Opportunities | · Space Traffic Management Solutions
· Space Debris Removal Technologies |
| Key Market Drivers | · Technological Advancements
· Increased Focus on Space Security |
REPORT CONTENT BRIEF:
- High-level analysis of the current and future Space Situational Awareness Market trends and opportunities
- Detailed analysis of current market drivers, restraining factors, and opportunities in the future
- Space Situational Awareness Market historical market size for the year 2021, and forecast from 2023 to 2033
- Space Situational Awareness Market share analysis at each product level
- Competitor analysis with detailed insight into its product segment, Government & Defense strength, and strategies adopted.
- Identifies key strategies adopted including product launches and developments, mergers and acquisitions, joint ventures, collaborations, and partnerships as well as funding taken and investment done, among others.
- To identify and understand the various factors involved in the global Space Situational Awareness Market affected by the pandemic
- To provide a detailed insight into the major companies operating in the market. The profiling will include the Government & Defense health of the company’s past 2-3 years with segmental and regional revenue breakup, product offering, recent developments, SWOT analysis, and key strategies.
Frequently Asked Questions (FAQ)
What is the growth rate of the global Space Situational Awareness Market?
The global Space Situational Awareness Market is growing at a CAGR of 4.41% over the next 10 years
Which region has the highest growth rate in the market of Space Situational Awareness Market?
Asia Pacific is expected to register the highest CAGR during 2023-2033
Which region has the largest share of the global Space Situational Awareness Market?
North America holds the largest share in 2022
Who are the key players in the global Space Situational Awareness Market?
Etamax Space, Kratos Defense & Security Solutions, Lockheed Martin, Sky and Space Global, Norstar Space Data, Polaris Alpha, Solers, Spacenav, GMV Innovating Solutions and Schafer are the major companies operating in the market.
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Table of Content
CHAPTER 1. Executive Summary CHAPTER 2. Scope of the Study 2.1. Market Definition 2.2. Market Scope & Segmentation 2.2.1. Objective of Report CHAPTER 3. Evolve BI Methodology 3.1. Data Collection & Validation Approach 3.2. Market Size Estimation and Forecast CHAPTER 4. Exclusive Analysis 4.1. Market Opportunity Score 4.1.1. Offering Segement – Market Opportunity Score 4.1.2. Component Segment – Market Opportunity Score 4.1.3. Vehicle Type Segment – Market Opportunity Score 4.2. Key Market Influencing Indicators CHAPTER 5. Market Insights and Trends 5.1. Value Chain Analysis 5.1.1. Raw Material 5.1.2. Manufacturing Process 5.1.3. Distribution Channel 5.1.4. End User 5.2. Porter’s Five Forces Analysis 5.2.1. Bargaining Power of Buyers 5.2.2. Bargaining Power of Suppliers 5.2.3. Threat of New Entrant 5.2.4. Threat of Substitute 5.2.5. Industry Rivalry 5.3. COVID-19 Impact and Post COVID Scenario on Space Situational Awareness Market 5.3.1. Impact of COVID-19 5.3.2. Government Support and Industry Revival Policies 5.3.3. Measures Taken by Companies to Mitigate Negative Impact 5.3.4. Post COVID Trend CHAPTER 6. Market Dynamics 6.1. Introduction 6.2. Drivers 6.2.1. Driver 1 6.2.2. Driver 2 6.2.3. Driver 3 6.3. Restraints 6.3.1. Restraint 1 6.3.2. Restraint 2 6.4. Opportunity 6.4.1. Opportunity 1 CHAPTER 7. Space Situational Awareness Market, By Offering 7.1. Introduction 7.1.1. Services 7.1.2. Software CHAPTER 8 Space Situational Awareness Market, By Component 8.1. Introduction 8.1.1. Mission-related Debris 8.1.2. Rocket Bodies 8.1.3. Fragmentation Debris 8.1.4. Functional Spacecraft 8.1.5. Non-Functional Spacecraft CHAPTER 9. Space Situational Awareness Market, By Vehicle Type 9.1. Introduction 9.1.1. Government & Military 9.1.2 Commercial CHAPTER 10. Space Situational Awareness Market, By Region 10.1. Introduction 10.2. NORTH AMERICA 10.2.1. North America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.2.2. North America: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.2.3. North America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.4. North America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.2.5. US 10.2.5.1. US: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.2.5.2. US: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.5.3. US: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.2.6. CANADA 10.2.6.1. Canada: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.2.6.2. Canada: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.6.3. Canada: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.2.7. MEXICO 10.2.7.1. Mexico: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.2.7.2. Mexico: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.2.7.3. Mexico: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3. Europe 10.3.1. Europe: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.3.2. Europe: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.3. Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.4. Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.5. U.K. 10.3.5.1. U.K.: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.5.2. U.K.: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.5.3. U.K.: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.6. GERMANY 10.3.6.1. Germany: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.6.2. Germany: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.6.3. Germany: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.7. FRANCE 10.3.7.1. France: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.7.2. France: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.7.3. France: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.8. ITALY 10.3.8.1. Italy: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.8.2. Italy: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.8.3. Italy: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.9. SPAIN 10.3.9.1. Spain: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.9.2. Spain: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.9.3. Spain: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.10. BENELUX 10.3.10.1. BeNeLux: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.10.2. BeNeLux: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.10.3. BeNeLux: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.11. RUSSIA 10.3.11.1. Russia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.11.2. Russia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.11.3. Russia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.3.12. REST OF EUROPE 10.3.12.1. Rest of Europe: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.3.12.2. Rest of Europe: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.3.12.3. Rest of Europe: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4. Asia Pacific 10.4.1. Asia Pacific: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.4.2. Asia Pacific: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.3. Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.4. Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.5. CHINA 10.4.5.1. China: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.5.2. China: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.5.3. China: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.6. JAPAN 10.4.6.1. Japan: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.6.2. Japan: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.6.3. Japan: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.7. INDIA 10.4.7.1. India: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.7.2. India: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.7.3. India: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.8. SOUTH KOREA 10.4.8.1. South Korea: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.8.2. South Korea: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.8.3. South Korea: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.9. THAILAND 10.4.9.1. Thailand: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.9.2. Thailand: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.9.3. Thailand: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.10. INDONESIA 10.4.10.1. Indonesia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.10.2. Indonesia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.10.3. Indonesia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.11. MALAYSIA 10.4.11.1. Malaysia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.11.2. Malaysia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.11.3. Malaysia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.12. AUSTRALIA 10.4.12.1. Australia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.12.2. Australia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.12.3. Australia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.4.13. REST FO ASIA PACIFIC 10.4.13.1. Rest fo Asia Pacific: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.4.13.2. Rest fo Asia Pacific: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.4.13.3. Rest fo Asia Pacific: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.5. South America 10.5.1. South America: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.5.2. South America: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.5.3. South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.4. South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.5.5. BRAZIL 10.5.5.1. Brazil: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.5.5.2. Brazil: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.5.3. Brazil: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.5.6. ARGENTINA 10.5.6.1. Argentina: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.5.6.2. Argentina: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.6.3. Argentina: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.5.7. REST OF SOUTH AMERICA 10.5.7.1. Rest of South America: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.5.7.2. Rest of South America: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.5.7.3. Rest of South America: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.6. Middle East & Africa 10.6.1. Middle East & Africa: Market Size and Forecast, By Country, 2023 – 2033 ($ Million) 10.6.2. Middle East & Africa: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.6.3. Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.4. Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.6.5. SAUDI ARABIA 10.6.5.1. Saudi Arabia: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.6.5.2. Saudi Arabia: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.5.3. Saudi Arabia: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.6.6. UAE 10.6.6.1. UAE: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.6.6.2. UAE: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.6.3. UAE: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.6.7. EGYPT 10.6.7.1. Egypt: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.6.7.2. Egypt: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.7.3. Egypt: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.6.8. SOUTH AFRICA 10.6.8.1. South Africa: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.6.8.2. South Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.8.3. South Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) 10.6.9. REST OF MIDDLE EAST & AFRICA 10.6.9.1. Rest of Middle East & Africa: Market Size and Forecast, By Offering, 2023 – 2033 ($ Million) 10.6.9.2. Rest of Middle East & Africa: Market Size and Forecast, By Component, 2023 – 2033 ($ Million) 10.6.9.3. Rest of Middle East & Africa: Market Size and Forecast, By Vehicle Type, 2023 – 2033 ($ Million) CHAPTER 12. Competitive Landscape 12.1. Competitior Benchmarking 2023 12.2. Market Share Analysis 12.3. Key Developments Analysis By Top 5 Companies 12.4. Market Share Acquisition Strategies: Analysis of Key Approaches Employed by Top Players CHAPTER 13. Company Profiles 13.1. Etamax Space 13.1.1. Hanon Systems 13.1.2. Financial Analysis 13.1.2.1. Business Segment Revenue, 2020, 2021, 2022, $ Million 13.1.2.2. Geographic Revenue Mix, 2022 (% Share) 13.1.3. Product Portfolio 13.1.4. Recent Development and Strategies Adopted 13.1.5. SWOT Analysis 13.2. Kratos Defense & Security Solutions 13.3. Lockheed Martin 13.4. Sky and Space Global 13.5. Norstar Space Data 13.6. Polaris Alpha 13.7. Solers 13.8. Spacenav 13.9 GMV Innovating Solutions 13.10 Schafer
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