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Space Situational Awareness (SSA) Market Report Scope & Overview:

Space Situational Awareness (SSA) Market Revenue Analysis

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The Space Situational Awareness (SSA) Market size was valued at  USD 1.64 Billion by 2023 and is expected to grow further at USD 2.43 billion by 2032 registering a 4.5% CAGR during the forecast period 2024–2032.

The Space Situational Awareness sector is concerned with the notion of watching and comprehending the earth's climate and space layers. This is accomplished through broadening our comprehension of current knowledge and exploring instruments. The SSA Market, on the other hand, is expanding its capabilities with newer technology and instruments for exploration and observation. The market is concerned with comprehending space conditions, changes, celestial occurrences, and other happenings in outer space. The Market also works with space surveillance, so that the current threats and concerns in space, such as asteroids and unnatural changes, are known. The market also raises our awareness of the unintentional or intentional damage of space networks and satellites.

MARKET DYNAMICS

KEY DRIVERS

  • The low operational costs of small satellites make them suitable for situational awareness applications.

  • The demand for  RF mapping, weather monitoring, GPS-radio occultation (GPS-RO) remote sensing, and automatic dependent surveillance-broadcast.

  •  These satellites are also used to track ships and monitor suspicious activities in coastal areas.

RESTRAINTS

  • The orbital slots for satellites and radio frequencies are being used by satellite operators

  • To launch low-orbiting satellites by private players to offer global Internet connectivity.

  • Current ITU rules are not in favor of deploying small satellites in orbit

OPPORTUNITIES

  • The continuous advancements in small satellite technologies

  • the growing demand for LEO-based services

  • The demand for LEO-based services may also trigger the demand for space situational awareness services

CHALLENGES

  • One of the major factors that cause orbital debris is object breakup.

  • This debris poses a threat to present and future space missions

THE IMPACT OF COVID-19

The COVID-19 epidemic has wreaked havoc on the world's economic activities. The development of aerospace awareness programs, ground systems, and components has also had an impact. Disruption of the supply chain has led to the suspension of current production processes. Resumption of production activities depends on the level of exposure to COVID-19, the level at which production operations are performed, and the import and export regulations, among other factors. While companies may still take orders, delivery schedules may not be adjusted.

Situational Awareness in Space Market segmentation encompasses the area's several industrial sectors. The examination of industrial categories offers a thorough understanding of market product trends and leading production trends. For better segmentation, the market is divided into offers and end-users. The Space Situational Awareness market is divided into two categories: services and software. For example, the services industry includes space weather services, observation, and surveillance services, among other things. The market is divided into software categories such as orbit determination tool kits, space data and centres, space event generators, and so on. By end-user, the market is divided into commercial applications and military and government applications.

REGIONAL ANALYSIS

Regional Situational Awareness in Space Market Analysis allocates resources and money to different parts of the world. Global income for the industry is generated by several geographical marketplaces across the world. The market is divided into North America, Asia Pacific, the Middle East, Africa, and Europe. The North American area will have the biggest industry share. During the Market Forecast period, the European sector will have the second-largest market share. The Asia Pacific area, on the other hand, will develop the quickest in the next years. Other regional markets will experience rapid expansion in the coming years.

Space-Situational-Awareness-SSA-Market--Regional-Analysis--2023

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KEY PLAYERS

The Major Players are L3Harris Technologies, Lockheed Martin Corporation, Kratos Defense & Security Solutions, Inc., Parsons Corporation, Peraton and Other Players.

Space Situational Awareness (SSA) Market Report Scope:

Report Attributes Details
Market Size in 2023  US$ 1.64 Billion
Market Size by 2032  US$ 2.43 Billion
CAGR  CAGR of 4.5% From 2024 to 2032
Base Year  2023
Forecast Period  2024-2032
Historical Data  2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Solution (Services, Payload Systems, and Software)
• By Orbital Range (Near-Earth and Deep Space)
• By End Use (Commercial, and Government & Military)
• By Object
• By Capability
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles L3Harris Technologies, Lockheed Martin Corporation, Kratos Defense & Security Solutions, Inc., Parsons Corporation, and Peraton, among others
DRIVERS • The low operational costs of small satellites make them suitable for situational awareness applications.
• The demand for  RF mapping, weather monitoring, GPS-radio occultation (GPS-RO) remote sensing, and automatic dependent surveillance-broadcast.
•  These satellites are also used to track ships and monitor suspicious activities in coastal areas.
RESTRAINTS • The orbital slots for satellites and radio frequencies are being used by satellite operators
• To launch low-orbiting satellites by private players to offer global Internet connectivity.
• Current ITU rules are not in favor of deploying small satellites in orbit

Frequently Asked Questions

L3Harris Technologies, Lockheed Martin Corporation, Kratos Defense & Security Solutions, Inc., Parsons Corporation, and Peraton

Ans: The Space Situational Awareness [SSA] Market size was valued at US$ 1.64 Billion by 2023.

Yes, this report cover top down , bottom up Quantitative Research. Qualitative Research, Fundamental Research, data triangulation, ID’s & FGD’s  Analytical research, And other as per report requirement.

The sample for the Space Situational Awareness Market report is available on the website upon request. To obtain the sample report, you can also use the 24*7 chat support and direct call services.

Ans: The Space Situational Awareness [SSA] Market is to grow at a CAGR of 4.5% Over the Forecast Period 2024-2032.

Table of Contents

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 COVID-19 Impact Analysis

4.2 Impact of Ukraine- Russia war

4.3 Impact of ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Space Situational Awareness Market, By Capability

8.1 Detect, Track, and Identify (D/T/ID)

8.2 Threat warning and assessment

8.3 High altitude nuclear detection

8.4 Orbital ASAT

8.5 Directed energy attack

8.6 Jamming

8.7 Others (Cyber Attack, Direct Ascent ASAT)

8.8 Characterization

9. Space Situational Awareness Market, By Object

9.1 Mission-related debris

9.2 Rocket bodies

9.3 Fragmentation debris

9.4 Functional spacecraft

9.5 Non-functional spacecraft

9.6 Others

10.Space Situational Awareness Market, By Solution

10.1 Services

10.2 Payload system

10.3 software

11. Space Situational Awareness Market, By End User

11.1 Government

11.2 Military

11.3 Commercial

12. Space Situational Awareness Market, By Offering

12.1 Services

12.2 Software

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2    Canada

13.2.3    Mexico

13.3        Europe

13.3.1    Germany

13.3.2    UK

13.3.3    France

13.3.4    Italy

13.3.5    Spain

13.3.6    The Netherlands

13.3.7    Rest of Europe

13.4        Asia-Pacific

13.4.1    Japan

13.4.2    South Korea

13.4.3    China

13.4.4    India

13.4.5    Australia

13.4.6    Rest of Asia-Pacific

13.5        The Middle East & Africa

13.5.1    Israel

13.5.2    UAE

13.5.3    South Africa

13.5.4    Rest

13.6        Latin America

13.6.1    Brazil

13.6.2    Argentina

13.6.3    Rest of Latin America

14. Company Profiles

14.1 HITACHI LTD.

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

14.2 AB VOLVO

14.3 CATTERPILLAR INC.

14.4 CNH INDUSTRIAL N.V

14.5 DEERE AND COMPANY

14.6 DOOSAN INFRACOE CO.LTD

14.7 J C BAMFORD EXCAVATORS. LTD.

14.8 KOMATSU LTD.

14.9 Liebherr-international AG

14.10 XCMG GROUP

15. Competitive Landscape

15.1 Competitive Benchmark

15.2 Market Share Analysis

15.3 Recent Developments

16. Conclusion

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The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

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We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Primary Research

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Data Bank Validation

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KEY MARKET SEGMENTATION

By Offering

  • Services

  • Software

By End-User

  • Government

  • Military

  • Commercial

By Capability

  • Detect, Track, and Identify (D/T/ID)

  • Threat warning and assessment

  • High altitude nuclear detection

  • Orbital ASAT

  • Directed energy attack

  • Jamming

  • Others (Cyber Attack, Direct Ascent ASAT)

  • Characterization

By Object

  • Mission-related debris

  • Rocket bodies

  • Fragmentation debris

  • Functional spacecraft

  • Non-functional spacecraft

  • Others

By Solution

  • Services

  • Payload system

  • software

 

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Regional Coverage:

Regional Coverage

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

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