Global Situation Awareness System Market to Reach $30.5 Billion by 2030
The global market for Situation Awareness System estimated at US$18.5 Billion in the year 2022, is projected to reach a revised size of US$30.5 Billion by 2030, growing at a CAGR of 6.4% over the analysis period 2022-2030. Command & Control Systems, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$9.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fire & Flood Alarm System segment is readjusted to a revised 6.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $5.4 Billion, While China is Forecast to Grow at 6.2% CAGR
The Situation Awareness System market in the U.S. is estimated at US$5.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$5.4 Billion by the year 2030 trailing a CAGR of 6.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.9% CAGR.Select Competitors (Total 18 Featured) -
- BAE Systems PLC
- Collins Aerospace
- Denso Corporation
- General Electric Company
- Honeywell International, Inc.
- Microsoft Corporation
- Qualcomm Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BAE Systems PLC
- Collins Aerospace
- Denso Corporation
- General Electric Company
- Honeywell International, Inc.
- Microsoft Corporation
- Qualcomm Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 281 |
Published | May 2024 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 17.1 Billion |
Forecasted Market Value ( USD | $ 25.2 Billion |
Compound Annual Growth Rate | 5.7% |
Regions Covered | Global |