Space Situational Awareness Market: Industry Insights, Trends And Forecast To 2032

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Space Situational Awareness Global Market Report
2023
Market Size, Trends and Global Forecast 2023-2032
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Space Situational Awareness Market Segments
The Business Research Company segments its space
situational awareness market report as
Service, Payload Systems, Software
By Solution
Detect, Track, And Identify (D/T/Id), Threat
Warning And Assessment, Characterization
By Capability
Mission-Related Debris, Rocket Bodies,
Fragmentation Debris, Functional Spacecraft,
Non-Functional Spacecraft
By Object
Near-Earth, Deep Space
By Orbital Range
By End Use
Commercial, Government And Military
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Market Statistics
The global space situational awareness market
size grew from 1.29 billion in 2022 to 1.42
billion in 2023 at a compound annual growth rate
(CAGR) of 9.7. The space situational awareness
market size is expected to grow to 1.87 billion
in 2027 at a CAGR of 7.1.
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Key Market Drivers And Trends
Drivers
The increase in demand for space-based sensing
activities propels the growth of the space
situational awareness market
Trends
Technological advancement has been an emerging
trend gaining popularity in the space situational
awareness market.
Region
North America was the largest region in the space
situational awareness market in 2022. North
America is expected to be the fastest growing
region in the forecast period. The regions
covered in the space situational awareness market
report are Asia-Pacific, Western Europe, Eastern
Europe, North America, South America, Middle
East, and Africa.
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Key Market Players

• Major players in the space situational awareness
  market are
• Lockheed Martin Corporation
• Kratos Defense Security Solutions Inc.
• Polaris Alpha Advanced Systems Inc
• Applied Defense Solutions
• Schafer
• L3 Harris Technologies
• And more.

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