Space Situational Awareness Market Analysis and Forecast to 2032: By Object (Mission-Related Debris, Rocket Bodies, Fragmentation Debris, Others), Orbital-Range (Near Earth, Deep Space), End Use (Commercial, Government, Military), and Region
The space situational awareness market was valued at USD 1.3 billion in 2022 and it is anticipated to grow further till USD 2.1 billion by 2032, at a CAGR of 5.3% during the forecast period.
Space situational awareness (SSA) is the knowledge of the location and activities of human-made objects in space, in order to avoid collisions and other hazards. It includes the monitoring of natural phenomena that could affect space-based assets, such as solar flares and meteors. SSA also encompasses the ability to detect and track objects that are not visible to the naked eye, such as satellites and debris.
Global Space Situational Awareness Market Scope and Report Structure
| Report Attribute | Details |
|---|---|
| Market Size in 2022 | US$ 1.3 Billion |
| Market Size in 2032 | US$ 2.1 Billion |
| CAGR % | 5.3% |
| Historic Period | 2016-2021 |
| Forecast Period | 2023-2032 |
| Base Year | 2022 |
| Segments Covered | Object, Orbital-Range, End Use, and Region |
| Key Companies | 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. |
| Regional Scope | North America, Europe, Asia Pacific, Central & South America, Middle East & Africa |
| Analysis Coverage | Market Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments |
Market Drivers and Trends
There are many key drivers of the space situational awareness market.
One key driver is the increasing number of satellites in orbit. As the number of satellites increases, so does the need for space situational awareness.
Another key driver is the increasing complexity of the space environment. The more complex the space environment becomes, the more difficult it is to track and predict the behavior of objects in space.
Market Restraints and Challenges
The key restraints and challenges in the Space Situational Awareness market are:
Lack of awareness about the benefits of SSA
Lack of dedicated SSA infrastructure
Limited budgets for SSA programs
Global Space Situational Awareness Market Segmental Overview
The global space situational awareness market is segmented into object, end use, orbital range, and region.
Global Space Situational Awareness Market by Object
Based on object, it is segmented into mission-related debris, rocket bodies, fragmentation debris, and others. The mission related debris segment is anticipated to dominate the market during the forecast period. Similarly, the rocket bodies segment is anticipated to witness the fastest growth during the forecast period.
Global Space Situational Awareness Market by Orbital Range
Based on orbital range, it is segmented into near earth, and deep space. The near-earth segment is anticipated to dominate the market during the forecast period. Similarly, the deep space segment is anticipated to witness the fastest growth during the forecast period.
Global Space Situational Awareness Market by End Use
Based on end use, it is segmented into commercial, government, and military. The commercial segment is anticipated to dominate the market during the forecast period. Similarly, the government segment is anticipated to witness the fastest growth during the forecast period.
Geographical Analysis of the Global Space Situational Awareness Market
Region-wise, it is studied across the North America, Europe, Asia Pacific, and the Rest of the World. The North American region is anticipated to dominate the market during the forecast period. Similarly, the Europe region is anticipated to witness the fastest growth during the forecast period.
Major 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.
COVID-19 Impact
The world economy has been impacted by the coronavirus pandemic. Large participants in the space business appear to be able to handle the ongoing issue. These big businesses had to deal with difficulties like a drop in production, a delay in pro duct introductions, and others. But, little and medium-sized industries felt the effects negatively. The COVID-19 impact on all UK space sector institutions was investigated by the U.K. Space Agency, Department of International Trade, and U.K. Space. The data of COVID-19’s impact on U.K. space organisations are listed below.
Recent Developments
- April 2021, Lockheed Martin Corporation was selected by the German Space Agency at DLR to offer its space traffic management software “iSpace.” The company’s iSpace system can track up to 300,000 objects in space.
- March 2021, Bluestaq, a U.S. based technology firm, has been awarded a contract worth USD 280 million by the U.S. Space Force to expand its space data catalog.
- February 2021, L3Harris Technologies Inc. was awarded a two year contract worth USD 89 million by the U.S. Space Force in continuation with the previous award for the Maintenance of Space Situational Awareness Integrated Capabilities program. The company will continue to maintain and upgrade the infrastructure to track objects in space.
Frequently Asked Questions
Q1. How big is the Space Situational Awareness market?
Ans. The global Space Situational Awareness market size was USD 1.3 billion in 2022 and it is anticipated to grow further till USD 2.1 billion by 2032, at a CAGR of 5.3% from 2023 to 2032.
Q2. What is the Space Situational Awareness market growth rate?
Ans. The growth rate of the Space Situational Awareness market is 5.3%.
Q3. Which region holds a major market share for the Space Situational Awareness market?
Ans. North America holds a major market share of the Space Situational Awareness market in 2022.
Q4. Which segment accounted for the largest Space Situational Awareness market share?
Ans. By orbital range, near earth segment accounted for the largest Space Situational Awareness market share.
Q5. Who are the key players in the Space Situational Awareness market?
Ans. The global Space Situational Awareness market report includes players such as 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.
Q6. What are the factors driving the Space Situational Awareness market growth?
Ans. The major factors driving the growth of the market are the growing market in emerging countries.
Q7. What are the key growth strategies of Space Situational Awareness market players?
Ans. The key growth strategies of Space Situational Awareness market players are product launch and product approval.
Q8. Which region will provide more business opportunities for the Space Situational Awareness market during the forecast period?
Ans. The Asia-Pacific region will provide more business opportunities for the Space Situational Awareness market during the forecast period.
Table of Contents
Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques
Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market
Chapter 3. Space Situation Awareness Market Outlook
3.1. Space Situation Awareness Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Space Situation Awareness Market
Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Space Situation Awareness Market
4.3. Economic Impact Analysis
Chapter 5. Space Situation Awareness Market by Object
5.1. Market Overview
5.2. Mission-Related Debris
5.2.1. Market Size and Forecast, 2021-2031 ($Million)
5.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.3. Rocket Bodies
5.3.1. Market Size and Forecast, 2021-2031 ($Million)
5.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.4. Fragmentation Debris
5.4.1. Market Size and Forecast, 2021-2031 ($Million)
5.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
5.5. Others
5.5.1. Market Size and Forecast, 2021-2031 ($Million)
5.5.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 6. Space Situation Awareness Market by End-Use
6.1. Market Overview
6.2. Commercial
6.2.1. Market Size and Forecast, 2021-2031 ($Million)
6.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.3. Government
6.3.1. Market Size and Forecast, 2021-2031 ($Million)
6.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
6.4. Military
6.4.1. Market Size and Forecast, 2021-2031 ($Million)
6.4.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 7. Space Situation Awareness Market by Orbital-Range
7.1. Market Overview
7.2. Near Earth
7.2.1. Market Size and Forecast, 2021-2031 ($Million)
7.2.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
7.3. Deep Space
7.3.1. Market Size and Forecast, 2021-2031 ($Million)
7.3.2. Market Size and Forecast, by Region, 2021-2031 ($Million)
Chapter 8. Space Situation Awareness Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.2.3. North America Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.4. North America Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.2.5. North America Space Situation Awareness Market Size and Forecast by Country, 2021-2031, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.2.6.2. The U.S. Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.6.3. The U.S. Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.2.7. Canada
8.2.7.1. Canada Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.2.7.2. Canada Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.7.3. Canada Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.2.8.2. Mexico Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.2.8.3. Mexico Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.3.3. Europe Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.4. Europe Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.3.5. Europe Space Situation Awareness Market Size and Forecast by Country, 2021-2031, ($Million)
8.3.6. Germany
8.3.6.1. Germany Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.3.6.2. Germany Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.6.3. Germany Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.3.7. France
8.3.7.1. France Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.3.7.2. France Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.7.3. France Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.3.8.2. U.K. Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.8.3. U.K. Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.3.9. Spain
8.3.9.1. Spain Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.3.9.2. Spain Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.9.3. Spain Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.3.10. Italy
8.3.10.1. Italy Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.3.10.2. Italy Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.10.3. Italy Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.3.11.2. Rest of Europe Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.3.11.3. Rest of Europe Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Space Situation Awareness Market Size and Forecast by Country, 2021-2031, ($Million)
8.4.3. Asia-Pacific Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.4. Asia-Pacific Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.4.5. Asia-Pacific Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.4.6. China
8.4.6.1. China Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.4.6.2. China Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.6.3. China Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.4.7. India
8.4.7.1. India Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.4.7.2. India Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.7.3. India Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.4.8. Japan
8.4.8.1. Japan Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.4.8.2. Japan Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.8.3. Japan Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.4.9.2. South Korea Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.9.3. South Korea Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.4.10.2. Rest of APAC Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.4.10.3. Rest of APAC Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.5.3. Rest of the World Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.4. Rest of the World Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.5.5. Rest of the World Space Situation Awareness Market Size and Forecast by Country, 2021-2031, ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.5.6.2. Latin America Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.6.3. Latin America Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.5.7.2. Middle East Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.7.3. Middle East Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.5.8. Africa
8.5.8.1. Africa Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.5.8.2. Africa Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.8.3. Africa Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
8.5.9. Rest of LAMEA
8.5.9.1. Rest of LAMEA Space Situation Awareness Market Size and Forecast by Object, 2021-2031, ($Million)
8.5.9.2. Rest of LAMEA Space Situation Awareness Market Size and Forecast by End-Use, 2021-2031, ($Million)
8.5.9.3. Rest of LAMEA Space Situation Awareness Market Size and Forecast by Orbital-Range, 2021-2031, ($Million)
Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Application Development
9.3.2. Application Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions
Chapter 10. Company Profiles
10.1. Lockheed Martin Corporation
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Parsons Corporation
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product Offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Peraton
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product Offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. SpaceNav
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product Offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Globvision Inc
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product Offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. NorthStar Earth and Space Inc
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product Offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Analytical Graphics Inc
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product Offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Vision Engineering Solutions
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product Offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. L3Harris Technologies Inc
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product Offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Kratos Defense and Security Solutions, Inc
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product Offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis
*The list of company is subject to change during the final compilation of the report
Key Players
Market Segments
By Object
- Mission -Related Debris
- Rocket Bodies
- Fragmentation Debris
- Others
By End-Use
- Commercial
- Government
- Military
By Orbital-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
- South Korea
- Japan
- Rest of APAC
- Rest of the World
- Latin America
- Middle East
- Africa