Comprehensive Market Statistics for the Space Situational Awareness Market - PowerPoint PPT Presentation

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Comprehensive Market Statistics for the Space Situational Awareness Market

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The Space Situational Awareness (SSA) Industry was valued at $1.5 Billion in 2021 and is estimated to grow from $1.6 Billion in 2023 to $1.8 Billion by 2026 at a CAGR of 4.6%. – PowerPoint PPT presentation

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Title: Comprehensive Market Statistics for the Space Situational Awareness Market


1
Space Situational Awareness Companies -
L3Harris Technologies (US), Lockheed Martin
Corporation (US) are the Key Players
The Space Situational Awareness Market is
projected to grow from USD 1.5 Billion in 2021 to
USD 1.8 Billion by 2026, at a CAGR of 4.6. Space
situational awareness refers to the tracking and
surveillance of objects in the earths orbit,
monitoring space weather conditions, and tracking
detecting near-earth objects to mitigate or
reduce the hazards of a collision. It also
includes the monitoring of distinct activities
carried out by different countries and object
characterization, in terms of speed and type,
to identify threats posed to the security of
different nations. The growth of the
space situational awareness market can be
attributed to factors such as the
growing congestion of objects in space and the
focus of government agencies and private entities
on space situational awareness.
Major Space Situational Awareness Companies
Include
L3Harris Technologies (US) Lockheed Martin
Corporation (US) Kratos Defense Security
Solutions, Inc. (US) Parsons Corporation (US)

Peraton (US)
To know about the assumptions considered for the
study download the pdf brochure
Lockheed Martin has an innovative approach in
developing space systems with software-defined
satellite architecture that will boost capability
for payloads on several satellites. Lockheed
Martin Corporation has business partner networks
across the US, Europe, Asia Pacific, and the
Middle East. This allows it to provide SSA
solutions across the world. It is strongly backed
by the US Government and 85 of its revenue comes
from government contracts. Lockheed Martin
Corporation is a key player in the aerospace and
defense industry with a broad product portfolio.
It has strategic partnerships with industry
leaders such as Israel Aerospace Industries
(Israel), Raytheon Company (US), and L3Harris
Technologies (US). The company also focuses on
strengthening its offerings through continuous
investments in RD. These advancements act as
competitive advantages against competitors such
as L3Harris Technologies (US).
2
L3Harris Technologies is a technology company,
defense contractor, and information technology
services provider. It produces C6ISR systems and
products, wireless equipment, tactical radios,
avionics and electronic systems, night
vision equipment, and terrestrial as well as
spaceborne antennas. These products are used in
the government, defense, and commercial sectors.
The company specializes in surveillance
solutions, microwave weaponry, and electronic
warfare. It is strongly backed by the US
government as 83 of its revenue comes from US
government contacts. L3Harris Technologies is a
key player in the space situational
awareness market with a broad solution and
service portfolio such as, orbit determination,
catalog maintenance, space object
characterization, change detection for predictive
warning of space events and enemy action,
ground-based Electro-Optical deep
space surveillance (GEODSS) systems, and so on.
The company also focuses on strengthening its
offerings through continuous investments in RD.
Kratos Defense Security Solutions, Inc.
develops and fields transformative, affordable
systems, platforms, and products for national
security and communications needs. Kratos is
changing the way developments are brought rapidly
to these markets through proven commercial
technology approaches, including proactive
research and streamlined development processes.
Kratos is focused on areas where tech
advances can have a force multiplier effect, such
as unmanned systems, satellite communications,
C5ISR, warfighter training, and combat systems.
It caters to the US government, commercial
customers, and other federal, state local
government agencies. Kratos Defense Security
Solutions is a key player in the space
situational awareness market with a broad
solution and service portfolio such as RF
satellite surveillance, RF interference
mitigation, correlative/predictive analytics,
protected communications, tactical waveforms,
etc. The company also focuses on
strengthening its offerings through continuous
RD investments.
Parsons Corporation is a leading provider of
innovative technology-driven solutions in
defense, intelligence, and critical
infrastructure markets, dealing in software
and hardware products, technical services, and
integrated solutions. It has expertise
in cybersecurity, intelligence, missile defense,
C5ISR (Command, Control, Computers, Communications
, Cyber, Intelligence, Surveillance, and
Reconnaissance) space, geospatial, mobility
solutions, and connected communities. Parsons
Corporation is a key player in the space
situational awareness market with a broad
product, solution service portfolio such as
geospatial intelligence, threat analytics, space
situational awareness, small satellite launch
integration, satellite ground systems,
flight dynamics, and command control solutions
for the space end market. Its customers include
the National Geospatial-Intelligence Agency
(NGA), National Reconnaissance
3
Office (NRO), and multiple units within the US
Department of Defense, including the Special
Operations Command (SOCOM), the US Space Force,
and military services. The acquisition of Braxton
helped it capitalize on evolving space missions
for national security space customers.
Peraton is a leading SSA solution provider in the
space situational awareness market. It
specializes in space, intelligence, cyber,
defense, homeland security, and health sectors.
It is well-versed in all aspects of designing,
developing, implementing, testing, sustaining,
and training for weather infrastructures while
minimizing disruptions of mission operations and
performance. It is a leader in sounding
rocket-based technology for space and earth
sciences research, missile defense system testing
and training targets, and hypersonic technology
development and testing. Peraton has a broad
solution and service portfolio such as, provides
space protection and resiliency solutions, flight
dynamics, orbital determination, earth
observation, weather, intelligence processing,
advanced sensors and payloads, ground
processing, information analytics, space platform
defensive cyber operations, and
telemetry, tracking control systems. The
acquisition of Solers helped in its standing in
the space situational awareness market.
Related Reports
Space Situational Awareness Market by Solution
(Services, Payload Systems, and Software),
Orbital Range (Near-Earth and Deep Space), End
Use (Commercial, and Government Military),
Object, Capability, and Region - Forecast to 2026
Contact
Mr. Aashish Mehra MarketsandMarkets INC. 630
Dundee Road Suite 430
Northbrook, IL 60062 USA 1-888-600-6441 sales_at_ma
rketsandmarkets.com
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