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Insights On The Space Situational Awareness (ssa) Global Market To 2030

By Kavita Sharma 05 Jan, 2022 296
Insights on the Space Situational Awareness (SSA) Global Market to 2030

The global Space Situational Awareness (SSA) market research is an intelligence report announced by Absolute Markets Insights. The erudite market study provides insightful data for readers to help them in making informed business decisions. Primary and secondary research methodologies have also been used to discover the correct and applicable data of Space Situational Awareness (SSA) market. Effective business strategies of key market players and of new startup industries are also studied thoroughly to provide extensive market knowledge. The report makes use of an effective analysis technique such as SWOT and Porter’s five analysis to present its accurate results on the market.

The major key pillars for global Space Situational Awareness (SSA) market are listed below: Analytical Graphics, Inc, EOS, ESA-ESA/AOES Medialab, etamax space GmbH, ExoAnalytic Solutions, Inc., GMV, GRYPHON SCHAFER, Harris Corporation, Kratos Defense and Security Solutions, Inc., NorStar Space Data Inc

For more information about this report visit: https://www.absolutemarketsinsights.com/reports/Space-Situational-Awareness-SSA--Market-2019-2027-235

Global Space Situational Awareness (SSA) market was valued at US$ 1,009.4 million in 2020 and is expected to reach US$ 1,495.8 million by 2030, growing at an estimated CAGR of 4.6% over the forecast period. Rising space traffic management programs for space vehicles and increment in navigation satellites is driving the market.

Gradual increase in number of satellites for navigation, communication and safety has led to increase in space situational awareness. Space situational awareness is being used for space surveillance, tracking object within the orbit, activities of incoming satellites and monitoring space debris. Fragmentation debris covers maximum part of surveillance among the object segment which is followed by mission related debris. Spacecraft tracking and space weather service monitoring is one of the major features of software provided by players operating in the space situational awareness (SSA) market.

In the overall space situational awareness (SSA) market, a majority of the revenue is accounted for by the services segment. Because of the concept of space tourism, the responsibility of SSA organizations will increase in terms of traffic management, spacecraft condition management, takeoff, atmosphere entrance management, disaster monitoring and landing.  

Space Surveillance and Tracking covers the major segment in application followed by observation of Near-Earth objects. But more investment in earths near object surveillance will increase the market by 2030. More investment is observed in commercial satellites because of the space tourism initiatives and telecommunication advancement.

Global Space Situational Awareness (SSA) Market Segmentation:

By Object

  • Mission related Debris
  • Rocket Bodies
  • Fragmentation Debris
  • Functional Spacecraft
  • Non-Functional Spacecraft

By Offering

  • Services
  • Software

By Application

  • Space Weather
  • Space Surveillance Tracking
  • Near Earth Objects
  • Others

By End Users

  • Government & Military
  • Commercial

By Region

  • North America
  • Europe
  • Asia Pacific
  • Middle East and Africa
  • Latin America

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