Space Situational Awareness Market Forecast Till 2028

DALLAS - June 30, 2022 - PRLog -- The global Space Situational Awareness market size is projected to reach USD 2 billion by 2026 at a CAGR of 4.6% from USD 1.5 billion in 2021 during the forecast period 2021-2028.

Space Situational Awareness (SSA) is a term which refers to keeping a track of object in the orbit of earth and predicting their position at a given time in space. It not just tracks the position of the objects but also identify multiple objects in the orbit and also reck the orbit followed by them. Its most important contribution is that it allows to predict the particles that might collide with earth.

Due to the recent surge in demand for earth observation imagery and analytics along with the increased number of space exploration mission are some of the factors that have supported long-term expansion for Space Situational Awareness Market.

The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. Halted supply chain, new import export regulations, the manufacturing ability all of these factors were witnessed by the sector.

North America is expected to be the largest market during the forecast period. Due to the recent regulation of US government and its focus to track missiles, nuclear warhead.

Space Situational Awareness Market is segmented into solutions, end use, object, orbital range, capability and geography.

On the basis of Solutions
  • Services
    • Space weather
      • Space weather forecasts and warnings
      • Radiofrequency interference notifications
    • Near-earth object detection
      • Disposal/end-of-life-support
      • Tracking space debris
      • Re-entry predictions
      • Orbit determination
    • space surveillance and tracking (SST)
      • Launch and Early Orbit Phase
      • On-Orbit Conjunction Assessment
      • Mission Support & Navigation
      • De-orbit Support
      • Collision Avoidance and Mitigation
      • Space Traffic Coordination & Safety
    • Deep space Detection and tracking
      • Breakups and Seprations
      • Space Object Identification
      • Launch Detection
  • Payload systems
    • Ground Based systems
      • Radar Sensor
      • Telescope
    • Space based sensors
      • Satellite
    • Datalinks
  • Software
    • Orbit determination tool kit
    • ComSpOC
    • Space data center
    • Space event generator
    • Joint space operations center

On the basis of Capability
  • Detect, Track, and Identify (D/T/ID)
  • Threat warning and assessment
    • High altitude nuclear detection
    • Orbital ASAT
    • Directed energy attack
    • Jamming
    • Others (Cyber Attack, Direct Ascent ASAT)

On the basis of Object
  • Mission-related debris
  • Rocket bodies
  • Fragmentation debris
  • Functional spacecraft
  • Non-functional spacecraft
  • Others

On the basis of Object
  • Mission-related debris
  • Rocket bodies
  • Fragmentation debris
  • Functional spacecraft
  • Non-functional spacecraft
  • Others

On the basis of End-User
  • Commercial
  • Government & Military

On the basis of Region
  • Asia Pacific
  • North America
  • Europe
  • South America
  • Middle East & Africa

Key Players
  • L3Harris Technologies
  • Lockheed Martin Corporation
  • Kratos Defense & Security Solutions, Inc.
  • Parsons Corporation
  • Peraton
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