The space situational awareness market was valued at USD 1.3 billion in 2022 and is projected to grow to USD 2.1 billion by 2032, at a CAGR of 5.3% over the forecast period.
Space Situational Awareness (SSA) is the knowledge of the position and activity of man-made objects in space to avoid collisions and other hazards. This includes monitoring natural phenomena that can affect space-based assets, such as solar flares and meteors.
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Market Drivers and Trends
There are many key drivers in the space situational awareness market.
One of the main drivers is the increasing number of satellites in orbit. As the number of satellites increases, so does the need for space situational awareness.
Another major driver is the increasing complexity of the space environment. The more complex the space environment, the more difficult it is to track and predict the behavior of objects in space.
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Market Segments
By object
- Mission-related fragments
- Rocket body
- Fragment fragment
- Etc
By end use
- Advertisement
- Government
- Army
By orbit range
- Near Earth
- Deep Space
By region
- North America
- Us
- Canada
- Mexico
- Europe
- Germany
- Italy
- UK
- France
- Spain
- Rest of Europe
- Asia Pacific
- India
- China
- Korea
- Japan
- Rest of APAC
- Rest of the world
- Latin America
- Middle East
- Africa
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Key players in the global space situational awareness market
The key players studied in the report are Lockheed Martin Corporation, Parsons Corporation, Peraton, SpaceNav, GlobVision Inc, Northstar Earth and Space Inc., Analytical Graphics Inc, Vision Engineering Solutions, L3Harris Technologies Inc, and Kratos Defense and Security Solutions, Inc, among others.
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