Space Situational Awareness Ssa Market
Space Situational Awareness (SSA) Market Forecasts to 2030 - Global Analysis By Solution (Services, Payload Systems and Software), Capability (Detect, Track, and Identify (D/T/ID), Threat Warning and Assessment and Other Capabilities), Object, Orbit, End User and by Geography
|
Years Covered |
2022-2030 |
|
Estimated Year Value (2024) |
US $1.82 BN |
|
Projected Year Value (2030) |
US $2.67 BN |
|
CAGR (2024 - 2030) |
6.6% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
North America |
|
Highest Growing Market |
Asia Pacific |
According to Stratistics MRC, the Global Space Situational Awareness (SSA) Market is accounted for $1.82 billion in 2024 and is expected to reach $2.67 billion by 2030 growing at a CAGR of 6.6% during the forecast period. The ability to recognize, follows, and forecast the motion of objects in Earth's orbit is known as space situational awareness (SSA). It includes keeping an eye on any man-made or natural objects that could endanger space operations, such as satellites and space debris. Safeguarding space missions, preventing collisions between satellites or with space debris, and preserving the operation of vital satellite infrastructure all depend on SSA. Space agencies and private operators can make well-informed decisions regarding satellite positioning and evasive maneuvers, which in turn contribute to the overall sustainability and security of space activities, owing to SSA's provision of real-time data and predictive models.
According to the U.S. Space Surveillance Network, there are over 47,000 pieces of space debris being tracked in Earth's orbit as of recent reports. This debris includes spent rocket stages, defunct satellites, and other fragments that pose a collision risk to active satellites and space missions.
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Market Dynamics:
Driver:
Growing number of satellite installations
Due to developments in launch technology, miniaturization, and the emergence of mega-constellations, the number of satellites in orbit has increased significantly in recent years. Businesses are launching thousands of small satellites into orbit to provide global internet coverage, including OneWeb, SpaceX, and Amazon's Project Kuiper. Additionally, systems for satellite position monitoring, collision avoidance and operational safety are urgently needed in light of this rapid deployment. Real-time tracking and predictive analytics are increasingly needed in complex satellite constellations to prevent disastrous failures.
Restraint:
Exorbitant implementation costs
The high cost of implementing and maintaining SSA systems is one of the main obstacles. A significant financial commitment is necessary to set up an extensive network of sensors, ground stations, and cutting-edge tracking systems. Smaller nations and businesses with tighter budgets may find it especially difficult to absorb this cost burden, which makes it more difficult for them to implement the essential SSA skills. Furthermore, this problem is made worse by the continuous operational expenses, which also include updating and maintaining intricate tracking systems.
Opportunity:
Emphasis on ecological space activities
There is a tremendous push within the sector towards sustainable methods due to growing worries about space debris and its impact on future space activities. Governments and other institutions are realizing more and more that maintaining long-term access to space depends on controlling space debris. Businesses that specialize in active debris removal technologies, mitigation techniques, and debris tracking will benefit from this focus. Moreover, the need for SSA solutions that can guarantee compliance with these new sustainability criteria will also likely increase as regulatory authorities impose stronger guidelines for satellite end-of-life operations.
Threat:
Uncertainties in regulation
SSA providers face many obstacles because of the complicated and ever-changing regulatory environment surrounding space operations. Different national laws can make it more difficult for businesses to comply with the law when they operate internationally, which raises operating expenses and puts up obstacles to entry in some areas. The absence of uniform laws may impede cross-border cooperation on SSA projects, which would make it challenging to attain worldwide situational awareness. Additionally, regulatory uncertainties can also discourage investment because they make potential investors hesitant to put money into projects that might be affected by laws or compliance requirements that change over time.
Covid-19 Impact:
The COVID-19 pandemic affected the Space Situational Awareness (SSA) industry in many ways, but the main effects were changes and disruptions to operational dynamics. Despite strict lockdowns and disruptions to the supply chain, satellite makers remained steadfast in their commitment to developing and running satellites, enabling data distribution to a growing number of clients throughout the epidemic. Although there was a brief decrease in satellite launches as a result of safety procedures and a shortage of workers, companies began to depend more on SSA systems to protect their space assets in the face of increased hazards from possible accidents and space debris.
The Detect, Track, and Identify (D/T/ID) segment is expected to be the largest during the forecast period
The Space Situational Awareness (SSA) market is dominated by the Detect, Track, and Identify (D/T/ID) segment. By giving real-time information on the location and movement of satellites and other objects in orbit, this component is essential for guaranteeing the security and operational integrity of space assets. Operators with D/T/ID capabilities can watch space traffic, evaluate possible collision risks, and decide on maneuvering and operating adjustments with knowledge. Moreover, the need for sophisticated D/T/ID systems has increased as a result of satellite proliferation, increasing space congestion, and growing concerns about space debris.
The Fragmentation Debris segment is expected to have the highest CAGR during the forecast period
The Space Situational Awareness (SSA) market is expected to grow at the highest CAGR in the Fragmentation Debris segment. The remains left over after spacecraft or satellites break apart as a result of collisions, explosions, or other malfunctions are referred to as fragmentation debris, and they greatly add to the mounting worries regarding space safety. The likelihood of fragmentation events, which can produce thousands of debris fragments that endanger functioning spacecraft, rises with the number of satellites in service. Additionally, the increased awareness of the necessity for sophisticated tracking and monitoring systems to control and reduce the risks connected with such debris is what is fueling this segment's explosive expansion.
Region with largest share:
The Space Situational Awareness (SSA) market is dominated by the North American region. The main reasons for this dominance include the existence of large aerospace and defense companies, large government investments in space programs, and a strong technological infrastructure that fosters the development of SSA technologies. Furthermore, this strategic emphasis on improving safety protocols and space traffic management places North America at the forefront of SSA capabilities and guarantees that it will continue to lead the way in tackling the problems brought on by an increasingly crowded orbital environment.
Region with highest CAGR:
The Space Situational Awareness (SSA) market is expected to grow at the highest CAGR in the Asia-Pacific region. Emerging spacefaring nations like China and India, who are sharply raising their space expenditures and improving their capabilities in satellite installations and space exploration missions, are the main forces behind this expansion. The need for cutting-edge SSA solutions increases as these nations increase their space presence since doing so will protect and prolong their space assets. Moreover, this segment's explosive expansion is further fueled by the focus on creating reliable tracking and monitoring systems to mitigate the risks associated with space debris and congestion, establishing Asia-Pacific as a major participant in the global SSA environment.
Key players in the market
Some of the key players in Space Situational Awareness (SSA) market include Kratos Defense and Security Solutions Inc, L3Harris Technologies Inc, Parsons Corporation, Vision Engineering Solutions, LLC, Analytical Graphics Inc, Northrop Grumman Corporation, EnduroSat AD, Lockheed Martin Corporation, Peraton Corp., Exoanalytic Solutions Inc, Schafer, GMV Innovating Solutions SL, NorthStar Earth & Space Inc., Spacenav LLC and Globvision Inc.
Key Developments:
In October 2024, Northrop Grumman Corporation and Terma, Denmark’s largest aerospace, defense and security company, have signed a Memorandum of Understanding (MOU) for continued cooperation on key capabilities including the F-35 Lightning II, uncrewed aerial systems, electronic warfare, radar systems and missile defense.
In September 2024, Lockheed Martin and Tata Advanced Systems Limited have entered into a teaming agreement to expand upon the company’s business relationship through the C-130J Super Hercules tactical airlifter. This announcement marks a significant step in enhancing India's defence and aerospace capabilities while also deepening India-U.S. strategic ties.
In November 2023, L3Harris Technologies announced the signing of a definitive agreement under which an affiliate of TJC L.P. will acquire L3Harris’ Commercial Aviation Solutions (CAS) business for $800 million. The acquisition includes a $700 million cash purchase price and $100 million earnout based on the achievement of certain 2023 and 2024 financial performance targets, which together represent an approximate 15x LTM 9/30 EBITDA purchase multiple.
Solutions Covered:
• Services
• Payload Systems
• Software
Capabilities Covered:
• Detect, Track, and Identify (D/T/ID)
• Threat Warning and Assessment
• Other Capabilities
Objects Covered:
• Mission-Related Debris
• Rocket Bodies
• Fragmentation Debris
• Functional Spacecraft
• Non-Functional Spacecraft
• Other Objects
Orbits Covered:
• Low Earth Orbit (LEO)
• Medium Earth Orbit (MEO)
• Geostationary Orbit (GEO)
• Elliptical
• Other Orbits
End Users Covered:
• Commercial Entities
• Government & Military
• Academic & Research Institutions
• Space Agencies
• Launch Providers
• Satellite Operators
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Space Situational Awareness (SSA) Market, By Solution
5.1 Introduction
5.2 Services
5.2.1 Space Weather
5.2.1.1 Space Weather Forecasts and Warnings
5.2.1.2 Radiofrequency Interference Notifications
5.2.2 Near-Earth Object Detection
5.2.2.1 Disposal/end-of-Life-Support
5.2.2.2 Tracking Space Debris
5.2.2.3 Re-Entry Predictions
5.2.2.4 Orbit Determination
5.2.3 Space Surveillance and Tracking (SST)
5.2.3.1 Launch and Early Orbit Phase
5.2.3.2 On-Orbit Conjunction Assessment
5.2.3.3 Mission Support & Navigation
5.2.3.4 De-orbit Support
5.2.3.5 Collision Avoidance and Mitigation
5.2.3.6 Space Traffic Coordination & Safety
5.2.4 Deep Space Detection and Tracking
5.2.4.1 Breakups and Seprations
5.2.4.2 Space Object Identification
5.2.4.3 Launch Detection
5.3 Payload Systems
5.3.1 Ground Based Systems
5.3.1.1 Radar Sensor
5.3.1.2 Telescope
5.3.2 Space Based Sensors
5.3.2.1 Satellite
5.3.3 Datalinks
5.4 Software
5.4.1 Orbit Determination Tool Kit
5.4.2 ComSpOC
5.4.3 Space Data Center
5.4.4 Space Event Generator
5.4.5 Joint Space Operations Center
6 Global Space Situational Awareness (SSA) Market, By Capability
6.1 Introduction
6.2 Detect, Track, and Identify (D/T/ID)
6.3 Threat Warning and Assessment
6.3.1 High Altitude Nuclear Detection
6.3.2 Orbital ASAT
6.3.3 Directed Energy Attack
6.3.4 Jamming
6.4 Other Capabilities
7 Global Space Situational Awareness (SSA) Market, By Object
7.1 Introduction
7.2 Mission-Related Debris
7.3 Rocket Bodies
7.4 Fragmentation Debris
7.5 Functional Spacecraft
7.6 Non-Functional Spacecraft
7.7 Other Objects
8 Global Space Situational Awareness (SSA) Market, By Orbit
8.1 Introduction
8.2 Low Earth Orbit (LEO)
8.3 Medium Earth Orbit (MEO)
8.4 Geostationary Orbit (GEO)
8.5 Elliptical
8.6 Other Orbits
8.6.1 Highly Elliptical Orbit (HEO)
8.6.2 Very Low Earth Orbit (VLEO)
9 Global Space Situational Awareness (SSA) Market, By End User
9.1 Introduction
9.2 Commercial Entities
9.3 Government & Military
9.4 Academic & Research Institutions
9.5 Space Agencies
9.6 Launch Providers
9.7 Satellite Operators
9.8 Other End Users
10 Global Space Situational Awareness (SSA) Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Kratos Defense and Security Solutions Inc
12.2 L3Harris Technologies Inc
12.3 Parsons Corporation
12.4 Vision Engineering Solutions, LLC
12.5 Analytical Graphics Inc
12.6 Northrop Grumman Corporation
12.7 EnduroSat AD
12.8 Lockheed Martin Corporation
12.9 Peraton Corp.
12.10 Exoanalytic Solutions Inc
12.11 Schafer
12.12 GMV Innovating Solutions SL
12.13 NorthStar Earth & Space Inc.
12.14 Spacenav LLC
12.15 Globvision Inc
List of Tables
1 Global Space Situational Awareness (SSA) Market Outlook, By Region (2022-2030) ($MN)
2 Global Space Situational Awareness (SSA) Market Outlook, By Solution (2022-2030) ($MN)
3 Global Space Situational Awareness (SSA) Market Outlook, By Services (2022-2030) ($MN)
4 Global Space Situational Awareness (SSA) Market Outlook, By Space Weather (2022-2030) ($MN)
5 Global Space Situational Awareness (SSA) Market Outlook, By Near-Earth Object Detection (2022-2030) ($MN)
6 Global Space Situational Awareness (SSA) Market Outlook, By Space Surveillance and Tracking (SST) (2022-2030) ($MN)
7 Global Space Situational Awareness (SSA) Market Outlook, By Deep Space Detection and Tracking (2022-2030) ($MN)
8 Global Space Situational Awareness (SSA) Market Outlook, By Payload Systems (2022-2030) ($MN)
9 Global Space Situational Awareness (SSA) Market Outlook, By Ground Based Systems (2022-2030) ($MN)
10 Global Space Situational Awareness (SSA) Market Outlook, By Space Based Sensors (2022-2030) ($MN)
11 Global Space Situational Awareness (SSA) Market Outlook, By Datalinks (2022-2030) ($MN)
12 Global Space Situational Awareness (SSA) Market Outlook, By Software (2022-2030) ($MN)
13 Global Space Situational Awareness (SSA) Market Outlook, By Orbit Determination Tool Kit (2022-2030) ($MN)
14 Global Space Situational Awareness (SSA) Market Outlook, By ComSpOC (2022-2030) ($MN)
15 Global Space Situational Awareness (SSA) Market Outlook, By Space Data Center (2022-2030) ($MN)
16 Global Space Situational Awareness (SSA) Market Outlook, By Space Event Generator (2022-2030) ($MN)
17 Global Space Situational Awareness (SSA) Market Outlook, By Joint Space Operations Center (2022-2030) ($MN)
18 Global Space Situational Awareness (SSA) Market Outlook, By Capability (2022-2030) ($MN)
19 Global Space Situational Awareness (SSA) Market Outlook, By Detect, Track, and Identify (D/T/ID) (2022-2030) ($MN)
20 Global Space Situational Awareness (SSA) Market Outlook, By Threat Warning and Assessment (2022-2030) ($MN)
21 Global Space Situational Awareness (SSA) Market Outlook, By High Altitude Nuclear Detection (2022-2030) ($MN)
22 Global Space Situational Awareness (SSA) Market Outlook, By Orbital ASAT (2022-2030) ($MN)
23 Global Space Situational Awareness (SSA) Market Outlook, By Directed Energy Attack (2022-2030) ($MN)
24 Global Space Situational Awareness (SSA) Market Outlook, By Jamming (2022-2030) ($MN)
25 Global Space Situational Awareness (SSA) Market Outlook, By Other Capabilities (2022-2030) ($MN)
26 Global Space Situational Awareness (SSA) Market Outlook, By Object (2022-2030) ($MN)
27 Global Space Situational Awareness (SSA) Market Outlook, By Mission-Related Debris (2022-2030) ($MN)
28 Global Space Situational Awareness (SSA) Market Outlook, By Rocket Bodies (2022-2030) ($MN)
29 Global Space Situational Awareness (SSA) Market Outlook, By Fragmentation Debris (2022-2030) ($MN)
30 Global Space Situational Awareness (SSA) Market Outlook, By Functional Spacecraft (2022-2030) ($MN)
31 Global Space Situational Awareness (SSA) Market Outlook, By Non-Functional Spacecraft (2022-2030) ($MN)
32 Global Space Situational Awareness (SSA) Market Outlook, By Other Objects (2022-2030) ($MN)
33 Global Space Situational Awareness (SSA) Market Outlook, By Orbit (2022-2030) ($MN)
34 Global Space Situational Awareness (SSA) Market Outlook, By Low Earth Orbit (LEO) (2022-2030) ($MN)
35 Global Space Situational Awareness (SSA) Market Outlook, By Medium Earth Orbit (MEO) (2022-2030) ($MN)
36 Global Space Situational Awareness (SSA) Market Outlook, By Geostationary Orbit (GEO) (2022-2030) ($MN)
37 Global Space Situational Awareness (SSA) Market Outlook, By Elliptical (2022-2030) ($MN)
38 Global Space Situational Awareness (SSA) Market Outlook, By Other Orbits (2022-2030) ($MN)
39 Global Space Situational Awareness (SSA) Market Outlook, By Highly Elliptical Orbit (HEO) (2022-2030) ($MN)
40 Global Space Situational Awareness (SSA) Market Outlook, By Very Low Earth Orbit (VLEO) (2022-2030) ($MN)
41 Global Space Situational Awareness (SSA) Market Outlook, By End User (2022-2030) ($MN)
42 Global Space Situational Awareness (SSA) Market Outlook, By Commercial Entities (2022-2030) ($MN)
43 Global Space Situational Awareness (SSA) Market Outlook, By Government & Military (2022-2030) ($MN)
44 Global Space Situational Awareness (SSA) Market Outlook, By Academic & Research Institutions (2022-2030) ($MN)
45 Global Space Situational Awareness (SSA) Market Outlook, By Space Agencies (2022-2030) ($MN)
46 Global Space Situational Awareness (SSA) Market Outlook, By Launch Providers (2022-2030) ($MN)
47 Global Space Situational Awareness (SSA) Market Outlook, By Satellite Operators (2022-2030) ($MN)
48 Global Space Situational Awareness (SSA) Market Outlook, By Other End Users (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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