World Situation Awareness System (SAS) Market market was valued at $19 billion in 2015 and is expected to grow at a CAGR of 8.2% during the forecast period (2016-2022)

Situation awareness system (SAS) is security system that helps in collecting, visualizing, analyzing, and storing information related to the surrounding and remote environment to facilitate surveillance as well as security. This system also helps in threat identification, assessment, strategy planning, risk analysis, course-of-action development, and finding maximum application in the military & aerospace industries. The world SAS market was valued at $19 billion in 2015 and is expected to grow at a CAGR of 8.2% during the forecast period (2016-2022). Increasing demand for situation awareness for effective security & surveillance across different sectors and growing government investments in the defense sector aimed at improving military intelligence assessment to combat the increasing threat of terrorism have fostered the growth of the world SAS market globally.

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The world SAS market is segmented on the basis of product type, component, vertical, and geography. Based on product types, the market is further segmented into command & control system, fire & flood alarm system, radio frequency identification (RFID), radar, chemical, biological, radiological, and nuclear (CBRN) system, sonar, physical security information management (PSIM)/access control (including HMI) and others. The command & control system is the highest revenue contributor owing to its widespread application in key verticals such as military & defense. The world SAS market by component is bifurcated into network video recorders (NVR), sensors, global positioning system (GPS), displays, and others. The report analyzes different industry verticals, where situation awareness system is used. It includes military & defense, healthcare, aerospace, marine security, automotive, mining, oil & gas, industrial, cyber security, and others. SAS finds wide application in military & defense sector, thereby making it the highest revenue-generating end-user vertical. In the military & defense sector, this system aids the existing information-based technologies to monitor & access critical situations timely and effectively.
Based on geography, the world SAS market is segmented into North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa). North America and Asia-Pacific are the major adopters of situation awareness system. In addition, the market Asia-Pacific region would witness highest growth during the forecast period owing to high adoption of SAS for safe & secure operations and information sharing. Key market players profiled in the report include Honeywell International Inc., Rockwell Collins, Inc., BAE System, Inc., Microsoft Corporation, Denso Corporation, D3 Security Management System, Inc., Lockheed Martin Corporation, Harris Corporation, and others. Market players are developing technologically advanced situation awareness system in order to cater to the demand of end users.
POTENTIAL BENEFITS FOR STAKEHOLDERS:
The report provides a comprehensive analysis of the world SAS market with current and future growth opportunities, market trends, challenges, and competitive scenario.
The current market trends are quantitatively analyzed and estimated for 2015-2022 period, which have been provided to highlight the financial competency of the market.
Porter’s Five Forces analysis provides inputs on the potential of buyers and suppliers and highlights the competitive structure of the market that would enable market players to devise effective growth strategies and facilitate better decision-making.
Value chain analysis provides key inputs on the role of different stakeholders involved at various stages of the value chain.
SWOT analysis of the key market players highlight the essential strengths and the potential opportunities in the market.
SAS MARKET KEY SEGMENTS:
The world SAS market is segmented based on product type, component, verticals, and geography.
BY PRODUCT TYPE
• Command & Control System
• Fire & Flood Alarm System
• Radio Frequency Identification (RFID)
• Radar
• Chemical, Biological, Radiological, and Nuclear (CBRN) System
• Sonar
• Active Sonar
• Passive Sonar
• Physical Security Information Management (PSIM)
• Others
BY COMPONENT
• Network Video Recorders (NVR)
• Sensors
• Global Positioning System (GPS)
• Displays
• Others

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BY VERTICAL
• Military & Defense
• Healthcare
• Aerospace
• Marine Security
• Automotive
• Mining and Oil & Gas
• Industrial
• Cyber Security
• Others
BY GEOGRAPHY
• North America
• Europe
• Asia-Pacific
• LAMEA
KEY MARKET PLAYERS
• Honeywell International Inc.
• Rockwell Collins, Inc.
• BAE Systems, Inc.
• Microsoft Corporation
• Denso Corporation
• D3 Security Management Systems, Inc.
• Lockheed Martin Corporation
• Harris Corporation
• CNL Software Ltd.
• L-3 Communications Holdings Inc.

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