“Space situational awareness market to demonstrate promising growth over the forecast period,” says Visiongain report

06 September 2019
Aviation

Visiongain has launched a new Aerospace Report Space Situational Awareness Market Report 2019-2029 Forecasts by Offering(Space Weather Services, Near earth object detection services, Space Surveillance and tracking Services, and Software), end-user (government & military, commercial), Object (Mission-Related Debris, Rocket Bodies Fragmentation Debris, Functional Spacecraft, Non-Functional Spacecraft, and Others) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis. 

The global Space situational awareness market is expected to demonstrate promising growth over the forecast period. Space situational awareness is defined as the process of delivering timely and accurate information regarding the space environment and particular hazards to both in orbit and ground infrastructure. The rising dependence on space in regards to critical national security issues and several economic and societal services and infrastructure is expected to increase the demand for SSA activities.

The space situational awareness market primarily includes the demand analysis for SSA sensors, software products, and services. Currently, national security-oriented organizations are the largest end-users of SSA related products and services and are expected to dominate the market throughout the forecast period. Currently, the cost of SSA products is high which makes difficult for countries to develop and use their capabilities for collecting SSA information. However, our research shows that the increase in the number of applications of SSA product particularly in the private sector is anticipated to lower the cost of SSA products. Currently, the U.S. has the most develop SSA capabilities and many countries rely on the U.S. for space-related information. However, lowering the cost of SSA products will decrease the reliance of countries on the U.S. as they are likely to develop and deploy their systems.    

The key companies operating in the Space situational awareness market are Vision Engineering Solutions, Exoanalytic Solutions, Schafer, Etamax Space, Kratos Defense & Security Solutions, Analytical Graphics, Lockheed Martin, Sky and Space, Norstar Space Data, Polaris Alpha, Solers, Elecnor Deimos Group, Spacenav, GMV Innovating Solutions, Applied Defense Solutions, and Globvision, and Harris. These companies are taking various strategic initiatives such as new product development, contracts, acquisitions, collaborations, expansions, and agreements so as to increase their presence in the global market and gain a competitive advantage.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

 

 

Recent News

Visiongain Publishes Radiation-Hardened Electronics Market Report 2021-2031

Radiation-Hardened Electronics market has been witnessing strong growth over the past few years owing to significant investments in space exploration programs across the globe. Radiation-Hardened Electronics are highly used for space application which is required to decommissioning nuclear power plants and also to carry out human activities in space accelerator.

30 October 2020

Read

Visiongain Publishes Inertial Navigation System Market Report 2021-2031

Focus of armed forces across the globe on the procurement of military aircraft, armored vehicles, missile systems, and various artillery systems is one of the major factors driving the demand for inertial navigation systems market over the past few years.

30 October 2020

Read

Visiongain Publishes Hybrid Aircraft Market Report 2021-2031

The growth can be attributed to increasing investment on the advanced aircraft technologies with heavy lifting capabilities. Hybrid aircraft uses electricity as one of the main sources along with high powered turbines during takeoff, which enables heavy lifting capabilities. The turbine power also used for charging batteries onboard aircraft.

30 October 2020

Read

Visiongain Publishes Flight Navigation System (FNS) Market Report 2021-2031

Flight navigation systems market has been witnessing strong growth over the past few years on account of increasing demand aircraft deliveries across the globe. Demand from airline operators to increase flight safety and accurate location services is also one of the major factors driving the market growth for flight navigation systems in the recent past.

30 October 2020

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever