Press release
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
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.Download Free Sample of Report - https://www.globalinsightservices.com/request-sample/GIS20375
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.
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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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