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Space Situational Awareness Market is Driven by the Increasing Complexity of the Space Environment and the Increasing Number of Satellites in Orbit | Parsons Corporation, Peraton, SpaceNav, GlobVision Inc

08-08-2023 03:35 PM CET | Media & Telecommunications

Press release from: Global Insight Services

Space Situational Awareness Market is Driven by the Increasing

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.

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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 of natural phenomena that can affect space-based assets, such as solar flares and meteors. SSA also includes the ability to detect and track objects invisible to the naked eye, such as satellites and debris.

Read more about Space Situational Awareness Market here: https://www.globalinsightservices.com/reports/space-situational-awareness-market/

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.

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with the lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

Groundbreaking research and market participant-driven solutions for the next decade based on current market scenarios

Contact Us:

Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with the highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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