Space Situational Awareness (SSA) Systems Market Size (2024 - 2029)

The Space Situational Awareness (SSA) Systems Market is experiencing growth, driven by the increasing investment in space-based activities by various countries. Despite initial disruptions due to the Covid-19 pandemic, the market has been stabilizing as it recovers. The expansion of space-based activities, both commercial and military, is expected to significantly enhance the market's scale in the coming years, as armed forces globally strengthen their networks for more efficient mission execution.

Market Size of Space Situational Awareness (SSA) Systems Industry

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Space Situational Awareness (SSA) Systems Market Summary
Study Period 2020 - 2029
Base Year For Estimation 2023
CAGR > 4.90 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Medium

Major Players

Space Situational Awareness (SSA) Systems Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Space Situational Awareness (SSA) Systems Market Analysis

The Space Situational Awareness (SSA) Systems Market is projected to register a CAGR of 4.9% during the forecast period.

The Covid-19 pandemic impacted the global economy, Over a short time the Space Situational Awareness (SSA) Systems Market was also a bit affected, the manufacturing activity was closed and the overall supply chain was disturbed. But as the market is gaining its stable position after covid-19 pandemic in 2021-2022.

Over the years, space has increasingly transformed into a battlefield. Building on the momentum of the space race, several countries have shifted their focus to investing in space-based activities like space situational awareness (SSA) systems. Armed forces across the world have been strengthening their space-based networks to perform missions more efficiently, which essentially need secure and robust communication channels, accessible from anywhere by the forces.

The increasing space-based activity in the commercial and military segment will boost the space situational awareness (SSA) systems market in the coming years.

Space Situational Awareness (SSA) Systems Industry Segmentation

Space Situational Awareness (SSA) Systems Market is segmented by offering, orbital range, end-user, and geography. By offering, the market is segmented into Services and software. By orbital range, the market is segmented into Near to earth, Deep space. By end-user, the market is segmented into Commercial, Government, and Military. By Geography, the market is segmented into North America, Europe, Asia-Pacific, Latin America, and Middle East, and Africa. The market sizing and forecasts have been provided in value (USD billion).

By Offering
Service
Software
By Orbital Range
Near To Earth
Deep Space
By End-User
Commercial
Government
Military
Geography
North America
United States
Canada
Europe
Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia Pacific
India
China
Japan
South Korea
Rest of Asia Pacific
Latin America
Brazil
Argentina
Middle East & Africa
United Arab Emirates
Saudi Arabia
Rest of Middle East & Africa
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Space Situational Awareness (SSA) Systems Market Size Summary

The Space Situational Awareness (SSA) Systems Market is experiencing a resurgence following the disruptions caused by the Covid-19 pandemic, which had temporarily affected manufacturing and supply chains. As countries increasingly view space as a strategic domain, there has been a significant shift towards investing in SSA systems to enhance military and commercial space operations. This trend is driven by the need for secure communication channels and robust space-based networks, which are essential for efficient mission execution. The market is further bolstered by the growing international tensions and defense expenditures, prompting nations to upgrade their military space capabilities. Collaborative efforts, such as partnerships and agreements for technology sharing, are also playing a crucial role in advancing SSA systems, with countries like the United States leading the charge in global defense spending and space cooperation initiatives.

The market landscape is moderately consolidated, with key players like Lockheed Martin Corporation, L3Harris Technologies Inc, and Kratos Defense & Security Solutions Inc. actively engaging in long-term contracts and strategic agreements to enhance their SSA offerings. These companies are involved in significant projects, such as the Maintenance Of Space Situational Awareness Integrated Capabilities program, which underscores the ongoing commitment to advancing space monitoring infrastructure. The increasing importance of space research, coupled with substantial investments in SSA systems, is expected to drive market growth in the coming years. Notable developments, such as NorthStar Earth & Space's satellite launches for commercial SSA services, highlight the industry's focus on sustainability and the preservation of critical satellite infrastructure.

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Space Situational Awareness (SSA) Systems Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Market Drivers

    3. 1.3 Market Restraints

    4. 1.4 Porters Five Forces Analysis

      1. 1.4.1 Threat of New Entrants

      2. 1.4.2 Bargaining Power of Buyers/Consumers

      3. 1.4.3 Bargaining Power of Suppliers

      4. 1.4.4 Threat of Substitute Products

      5. 1.4.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Offering

      1. 2.1.1 Service

      2. 2.1.2 Software

    2. 2.2 By Orbital Range

      1. 2.2.1 Near To Earth

      2. 2.2.2 Deep Space

    3. 2.3 By End-User

      1. 2.3.1 Commercial

      2. 2.3.2 Government

      3. 2.3.3 Military

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 United Kingdom

        3. 2.4.2.3 France

        4. 2.4.2.4 Russia

        5. 2.4.2.5 Spain

        6. 2.4.2.6 Rest of Europe

      3. 2.4.3 Asia Pacific

        1. 2.4.3.1 India

        2. 2.4.3.2 China

        3. 2.4.3.3 Japan

        4. 2.4.3.4 South Korea

        5. 2.4.3.5 Rest of Asia Pacific

      4. 2.4.4 Latin America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Argentina

      5. 2.4.5 Middle East & Africa

        1. 2.4.5.1 United Arab Emirates

        2. 2.4.5.2 Saudi Arabia

        3. 2.4.5.3 Rest of Middle East & Africa

Space Situational Awareness (SSA) Systems Market Size FAQs

The Space Situational Awareness (SSA) Systems Market is projected to register a CAGR of greater than 4.90% during the forecast period (2024-2029)

Lockheed Martin Corporation , L3harris Technologies Inc, Vision Engineering Solutions, LLC, Kratos Defense & Security Solutions, Inc. and Parsons Corporation are the major companies operating in the Space Situational Awareness (SSA) Systems Market.

Space Situational Awareness (SSA) Systems Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)