Space Situational Awareness (SSA) Market Size, Share, Industry Analysis, Forecasts, 2032

Space Situational Awareness (SSA) Industry Prospective:

The global space situational awareness SSA market size was worth around USD 1.71 Billion in 2023 and is predicted to grow to around USD 2.57 Billion by 2032 with a compound annual growth rate (CAGR) of roughly 4.6% between 2024 and 2032.

Request Free Sample

The report analyzes the global space situational awareness SSA market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the space situational awareness SSA industry.  The report covers a forecast and an analysis of the space situational awareness (SSA) market on a global and regional level. The study provides historical data from 2018 to 2022 along with a forecast from 2024 to 2032 based on revenue (USD Million).

This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Request Free Sample

Space Situational Awareness (SSA) Market: Overview

The term "Space Situational Awareness" (SSA) refers to the process of gathering, analyzing, and interpreting data concerning actions and objects that are located in the orbit of the Earth or space. It is becoming increasingly important to keep track of and manage space trash, satellites, and other celestial bodies as the utilization of space for communication, navigation, scientific study, and national security continues to grow. Technology and services that are aimed at detecting and predicting the trajectories of space objects, recognizing potential collisions or dangers, and guaranteeing the safe and sustainable use of space are included in the domain of the space application (SSA) market.

Ground-based and space-based sensors, data processing and analytics, and communication systems for quickly disseminating information to satellite operators, government agencies, and commercial entities are some of the key components that make up the satellite service industry (SSA) market. Supporting space operations, reducing the likelihood of collisions, and ensuring the long-term viability of space activities are all important roles that this sector plays at the moment.

Space Situational Awareness (SSA) Market: Growth Factors

The market for space situational awareness (SSA) is seeing tremendous expansion, which is being driven by several important reasons respectively. Firstly, the necessity for efficient SSA capabilities has increased as a result of the growing congestion in space, which is caused by the increasing number of satellites, space debris, and other celestial objects. An increasing number of governments and corporate organizations are making investments in cutting-edge technologies that can monitor, track, and forecast the movement of objects in space. This helps to reduce the likelihood of collisions and ensures that space activities will continue to be viable over the long term.

Moreover, investments in satellite surveillance systems have been prompted by the growing commercialization of space and the proliferation of satellite-based services. These developments are aimed at protecting valuable assets that are in orbit. Furthermore, the growing awareness of possible dangers, such as cyber-attacks based in space or purposeful interference with satellites, has led to an increase in the demand for resilient solutions for satellite communications antennas (SSA). It is anticipated that the SSA market will experience sustained expansion as space activities continue to change. This growth will be propelled by the requirement to improve space domain awareness and ensure the safe and secure exploitation of the orbital environment of Earth.

Space Situational Awareness (SSA) Market: Report Scope

Space Situational Awareness (SSA) Market: Segmentation

The global space situational awareness (SSA) market is segmented based on an object, offering, application, end-user, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2024 to 2032. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

Space Situational Awareness (SSA) Market: Competitive Space

Some key participants operating in the global space situational awareness (SSA) market are

• Analytical Graphics
• Applied Defense Solutions
• EOS
• ESA-ESA/AOES Medialab
• etamax space
• ExoAnalytic Solutions
• GlobVision
• GMV
• Gryphon Schafer
• Harris Corporation
• Kratos Defense
• Security Solutions
• NorStar Space Data
• Polaris Alpha a Parsons Company
• Safran
• Schafer Corporation
• Solers
• SpaceNav
• Vision Engineering Solutions.
• And Others

This report segments the global space situational awareness (SSA) market into:

Space Situational Awareness (SSA) Market: Object Analysis

• Non-Functional Spacecraft
• Functional Spacecraft
• Mission Related Debris
• Fragmentation Debris
• Rocket Bodies

Space Situational Awareness (SSA) Market: Offering Analysis

• Services
• Software

Space Situational Awareness (SSA) Market: Application Analysis

• Space Weather
• Space Surveillance and Tracking
• Near Earth Objects
• Others

Space Situational Awareness (SSA) Market: End-User Analysis

• Government and Military
• Commercial

Space Situational Awareness (SSA) Market: Regional Analysis

• North America
  • U.S.
• Europe
  • UK
  • France
  • Germany
• Asia Pacific
  • China
  • Japan
  • India
• Latin America
  • Brazil
• Middle East and Africa