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Space Situational Awareness (SSA) - Global Market Trajectory & Analytics

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    Report

  • 398 Pages
  • October 2022
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4806102

Global Space Situational Awareness (SSA) Market to Reach $1.5 Billion by 2027

Amid the COVID-19 crisis, the global market for Space Situational Awareness (SSA) estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$1.5 Billion by 2027, growing at a CAGR of 4% over the period 2020-2027. Services, one of the segments analyzed in the report, is projected to record 4.2% CAGR and reach US$1.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 3.7% CAGR for the next 7-year period.

The U.S. Market is Estimated at $541.5 Million, While China is Forecast to Grow at 5.7% CAGR

The Space Situational Awareness (SSA) market in the U.S. is estimated at US$541.5 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$141.9 Million by the year 2027 trailing a CAGR of 5.7% over the period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.3% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.8% CAGR.

Select Competitors (Total 40 Featured)

  • Analytical Graphics, Inc.
  • Elecnor Deimos Group
  • etamax space GmbH
  • ExoAnalytic Solutions
  • GlobVision Inc.
  • GMV Innovating Solutions
  • Kratos Defense & Security Solutions, Inc.
  • L3Harris Technologies, Inc.
  • Lockheed Martin Corporation
  • NorthStar Earth & Space Inc.
  • SpaceNav
  • Vision Engineering Solutions, Inc.

What's New for 2022?

  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to a digital archives and Research Platform
  • Complimentary updates for one year
Frequently Asked Questions about the Global Market for Space Situational Awareness (SSA)

What is the estimated value of the Global Market for Space Situational Awareness (SSA)?

The Global Market for Space Situational Awareness (SSA) was estimated to be valued at $1.1 Billion in 2020.

What is the growth rate of the Global Market for Space Situational Awareness (SSA)?

The growth rate of the Global Market for Space Situational Awareness (SSA) is 4.5%, with an estimated value of $1.5 Billion by 2027.

What is the forecasted size of the Global Market for Space Situational Awareness (SSA)?

The Global Market for Space Situational Awareness (SSA) is estimated to be worth $1.5 Billion by 2027.

Who are the key companies in the Global Market for Space Situational Awareness (SSA)?

Key companies in the Global Market for Space Situational Awareness (SSA) include Analytical Graphics, Inc., Elecnor Deimos Group, etamax space GmbH, ExoAnalytic Solutions, GlobVision Inc., GMV Innovating Solutions, Kratos Defense & Security Solutions, Inc., L3Harris Technologies, Inc. and NorthStar Earth & Space Inc..

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Worsening COVID-19 and Economic Scenario Affects Outlook for SSA: Confirmed COVID-19 Cases per Million Vs GDP Growth for 2020
  • Drawback of Satellite Malfunction: Potential Revenue Loss in US$ Billion (2020, 2025 & 2030)
  • With Defense Budgets Coming Under Intense Pressure, SSA Market to Witness Challenging Times
  • Defense Expenditure Worldwide in US$ Billion for the Years 2001 through 2019
  • An Introduction to Space Situational Awareness (SSA): Watchful Eye to Monitor & Observe Eventful Near-Earth Environment
  • Main Target Objects: Man-Made Debris
  • Select SSA Organizations & Programs
  • Increasingly Crowded Space Shines Cosmic Light on Space Situational Awareness Market
  • SSA Emerges as Critical Component of Space Deterrence & National Security Regime
  • Increasing Space Activity & Focus on National Security to Impel Global Space Situational Awareness Market
  • Recent Market Activity
  • Rising Adoption of SSA Unlikely to Offer Incentives for Further Development of Evasion Detection & Destruction Techniques
  • SSA Capabilities Present Hard Nut to Crack for Adversaries for Strategic Use
  • Market Analysis by Offering
  • World Space Situational Awareness Market by Offering (2020): Percentage Breakdown of Revenues for Services, and Software
  • Global Space Situational Awareness Services Market by Space Surveillance & Tracking, Space Weather Services, and Near Earth Object Detection Services
  • Market Analysis by Object: Increasing Space Congestion Makes Fragmentation Debris Segment to Post Fastest Growth
  • World Space Situational Awareness Market by Object (2020 & 2027): Percentage Breakdown of Revenues for Fragmentation Debris, Non-Functional Spacecrafts, Rocket Bodies, Functional Spacecrafts, and Other Objects
  • End-Use Market Analysis
  • World Space Situational Awareness Market by End-Use (2020 & 2027): Percentage Breakdown of Revenues for Government & Military, and Commercial
  • Regional Analysis - North America Commands Major Share
  • World Space Situational Awareness Market (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • World Space Situational Awareness Market - Geographic Regions Ranked by Value CAGR for 2020-2027: China, Asia-Pacific, Rest of World, USA, Europe, Canada, and Japan
  • US Assigns Department of Commerce with Task of Civil Space Situational Awareness
  • Space Situational Awareness (SSA) Program: A Landmark Initiative of European Space Agency
  • Space Situational Awareness (SSA) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • New Satellite Launches and Rising Space Activities Flare Up Demand
  • Increased Emphasis on Enhancing National Security
  • Rise in Partnership among Countries for SSA
  • Growing Menace of Space Debris Calls for Improved SSA Capabilities
  • Proliferation of Small Satellites Elevates Demand
  • Select Conventional Satellites Vs. Small Satellites: A Comparative Analysis
  • Surging Demand for Space-Based Sensing Bodes Well
  • Global Satellite Services Market (2019): Percentage Share Breakdown of Revenues by Service Type
  • Global Satellite Sector by Market Segment (2019): Percentage Share Breakdown of Revenues by Segment
  • Blockchain Enabled Space Traffic Awareness
  • Evolving Role of LEO Satellite Services
  • Increasing Use of Space-based Infrastructure
  • Increasing Involvement of Private Players in the Global Space Industry
  • Market Remains Buoyant over Scope of On-Orbit Servicing
  • Technology Advancements to Fuel Market Growth
  • Restraints and Challenges
  • Lack of Unified Standards
  • Issues in Micro-Sized Debris Detection
  • Technological Glitches
4. GLOBAL MARKET PERSPECTIVE
  • Table 1: World Recent Past, Current & Future Analysis for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World Historic Review for Services by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 3: World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 4: World Recent Past, Current & Future Analysis for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 5: World Historic Review for Software by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 6: World 15-Year Perspective for Software by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 7: World Recent Past, Current & Future Analysis for Fragmentation Debris by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: World Historic Review for Fragmentation Debris by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 9: World 15-Year Perspective for Fragmentation Debris by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 10: World Recent Past, Current & Future Analysis for Non-Functional Spacecrafts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 11: World Historic Review for Non-Functional Spacecrafts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 12: World 15-Year Perspective for Non-Functional Spacecrafts by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 13: World Recent Past, Current & Future Analysis for Rocket Bodies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 14: World Historic Review for Rocket Bodies by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 15: World 15-Year Perspective for Rocket Bodies by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 16: World Recent Past, Current & Future Analysis for Functional Spacecrafts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 17: World Historic Review for Functional Spacecrafts by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 18: World 15-Year Perspective for Functional Spacecrafts by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 19: World Recent Past, Current & Future Analysis for Other Objects by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 20: World Historic Review for Other Objects by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 21: World 15-Year Perspective for Other Objects by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 22: World Recent Past, Current & Future Analysis for Government & Military by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 23: World Historic Review for Government & Military by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 24: World 15-Year Perspective for Government & Military by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 25: World Recent Past, Current & Future Analysis for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 26: World Historic Review for Commercial by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 27: World 15-Year Perspective for Commercial by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2021 & 2027
  • Table 28: World Recent Past, Current & Future Analysis for Space Situational Awareness (SSA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 29: World Historic Review for Space Situational Awareness (SSA) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2012 through 2019 and % CAGR
  • Table 30: World 15-Year Perspective for Space Situational Awareness (SSA) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2021 & 2027
III. MARKET ANALYSISUNITED STATESCANADAJAPANCHINAEUROPEFRANCEGERMANYITALYUNITED KINGDOMREST OF EUROPEASIA-PACIFICREST OF WORLD
IV. COMPETITION
  • Total Companies Profiled: 40

Companies Mentioned

A selection of companies mentioned in this report includes:

  • Analytical Graphics, Inc.
  • Elecnor Deimos Group
  • etamax space GmbH
  • ExoAnalytic Solutions
  • GlobVision Inc.
  • GMV Innovating Solutions
  • Kratos Defense & Security Solutions, Inc.
  • L3Harris Technologies, Inc.
  • Lockheed Martin Corporation
  • NorthStar Earth & Space Inc.
  • SpaceNav
  • Vision Engineering Solutions, Inc.