USD 1.65 Billion
Space Situational Awareness Market Size, Share, and Growth Analysis
Space Situational Awareness Market By Solution (Services, Software), By Object (Mission-Related Debris, Rocket Bodies), By Orbital Range (Near-Earth, Deep Space), By Capability (Detect, Track, And Identify (D/T/ID), Threat Warning & Assessment), By End Use (Government & Military, Commercial ), By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20A2236 |
Region:
Global |
Published Date: November, 2024
Pages:
202
|Tables:
123
|Figures:
76
Format -
Space Situational Awareness Market Insights
Space Situational Awareness Market size was valued at USD 1.65 Billion in 2023 and is poised to grow from USD 1.73 Billion in 2024 to USD 2.48 Billion by 2032, growing at a CAGR of 4.62% during the forecast period (2025-2032).
The global space situational awareness market growth is driven by several factors. One of them is the growing number of satellites and space junk orbiting Earth. As more countries and private organizations launch satellites, the chance of collisions and interference increases between the satellites. To regulate space traffic and prevent accidents, there is an ever-increasing need for tracking and monitoring technologies to become increasingly sophisticated. By identifying and avoiding potential collisions, space situational awareness systems enhance the efficiency of space operations and significantly contribute to the operational safety of space missions.
Moreover, the increasing use of satellite-based services for critical industries such as communication, navigation, weather forecasting, and national security forms another significant driver. Space situational awareness systems are necessary for protecting space infrastructure, which is becoming more and more necessary as dependency on these services grows. In addition, with the increasing number of space exploration missions by NASA, commercial companies, and international space organizations, the demand for more advanced space situational awareness capabilities to track and monitor objects in space has increased. Technological advances in machine learning, artificial intelligence, and data analytics make the industry expand. However, it can be managed in such a way that it would provide the possibility to handle massive amounts of data with even more accuracy, and efficiency, thus paving the way for a whole new dimension in space surveillance and collision prediction. It makes the market grow where countries and private authorities invest more into space defense and traffic management control.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Services
Fastest Growth
Software
Growth Rate
4.62% CAGR
Global Space Situational Awareness Market ($ Bn)
Country Share for North America (%)
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Space Situational Awareness Market Segments Analysis
Global Space Situational Awareness Market is segmented by Solution, Object, Orbital Range, Capability, End Use, and Region. Based on Solution, the market is segmented into Services (Space Weather, Near-Earth Object Detection, Space Surveillance And Tracking (SST), Deep Space Detection & Tracking), Payload Systems (Ground-Based System, Space-Based Sensors, Datalinks), Software (Orbit Determination Tool Kits, ComSpOC, Space Data Centers, Space Event Generators, Joint Space Operations Center). Based on Object, the market is segmented into Mission-Related Debris, Rocket Bodies, Fragmentation Debris, Functional Spacecraft, Non-Functional Spacecraft, Others. Based on Orbital Range, the market is segmented into Near-Earth (Leo, Meo/Heo, Geo), Deep Space. Based on Capability, the market is segmented into Detect, Track, And Identify (D/T/ID), Threat Warning & Assessment (High Altitude Nuclear Detection, Orbital ASAT, Directed Energy Attack, Jamming, Others (Cyber Attack, Direct Ascent ASAT)), Characterization. Based on End Use, the market is segmented into Government & Military (National Space Agencies, Departments of Defense, Search & Rescue Entities, Intelligence Community, Academic & Research Institutions), Commercial (Satellite Operators/Owners, Launch Providers, Space Insurance Companies, Energy Industry, Air Traffic & Navigation Service Providers, Others). Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Analysis by Offering
Based on the 2024 global space situational awareness market analysis, as space exploration operations have increased and concerns about space debris have grown, the services sector is expected to gain dominance in the market. Services such as forecasting space weather, identification of near-Earth objects, and surveillance and monitoring of space are becoming essential as the number of spaces missions and launches of satellites is increasing. With the unprecedented surge in space satellite installations across both public and commercial undertakings, the specific space surveillance and tracking services sub-segment is also predicted to expand exponentially. These services are critical in detecting space debris, detecting collisions, and providing safety for mission operations and an operational presence in space by satellites.
Throughout the projection period, the software segment would grow at a significant percentage due to advancements in software technologies designed to enhance space situational awareness. The growth of space industries demands more advanced means of monitoring and protecting its equipment. Software for tracking trash, collision prediction, and health monitoring of a satellite is becoming increasingly important. Furthermore, space situational awareness software is applying innovations in machine learning and AI to improve real-time processing and decision-making. The demand for high-performance software for ensuring the security of space assets is also driving this market, and therefore, it will keep on growing.
Analysis By End User
As per the 2024 global space situational awareness market forecast, the commercial segment dominated the market due to largely the growing participation of private enterprises in space operations. Growth in this market has been further helped by growing interest in offering space-based services among commercial entities, such as data sharing for satellite owners, de-orbiting of non-operational spacecraft, and clearance of space trash. With the rising number of private satellites launches and a need to preserve operating space assets, commercial enterprises are investing in advanced space situational awareness technology. This makes the market sector, with a partnership with governmental agencies and innovation in space technology, available to be put up for sustained dominance in the industry.
With increasing investment by more governments globally in enhancing space situational awareness capabilities, the military & government category is expected to witness robust growth throughout the forecast period. It is being driven by national security concerns, such as the safeguarding of satellites and critical space infrastructure from possible dangers that may include space debris or hostile space operations. Advanced space situational awareness technologies are going to be developed due to increased government focus on enhancing defense capabilities in space. In addition, further expansion of the market will be accelerated with increased cooperation between defense organizations and private sector participants, as this will ensure that nations remain at the forefront of both space safety and security.
Global Space Situational Awareness Market By Offering
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Space Situational Awareness Market Regional Insights
In 2024, the space situational awareness market was dominated by North America. The trend is predicted to continue in the forecast period. The US has the maximum space surveillance network across the globe and therefore holds the first position in the space situational awareness market. The DoD heavily invests in space situational awareness in the United States to safeguard its space assets and maintain national security. More importantly, space agencies such as NASA and U.S. Department of Defense inspire innovation and growth in industry. Since it has had major investment, advanced infrastructures, and cutting-edge technology, the sector has remained at the lead in terms of space situational awareness capabilities.
Asia-Pacific is predicted to have higher compound annual growth rate throughout the forecast period in response to increasing demands for space situational awareness capabilities from developing countries, such as China, India, and Japan. For instance, under the Asia-Pacific Optical Satellite Observation System (APOSOS), China collaborates with the Asia-Pacific Space Cooperation Organization (APSCO) to establish its optical sensor network. This development is enhancing the potential of the region for monitoring space. The growth of this market in Asia-Pacific will be supported by the demand for robust space situational awareness systems to achieve space security and safety as these nations expand space operations and launch their satellites.
Global Space Situational Awareness Market By Geography
- Largest
- Fastest
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Space Situational Awareness Market Dynamics
Space Situational Awareness Market Drivers
Growing Debris in Space
-
One of the primary drivers of the global space situational awareness industry is the accumulation of space debris from discarded satellites, rocket parts, and impact fragments. With the rising rate of satellite launches and space missions, collisions due to debris are becoming more probable. To mitigate these risks and ensure the safety of operational satellites, there is an immediate need for effective space situational awareness technologies to detect and control debris in Earth's orbit, which is driving market growth.
Growth of Space-Based Services
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Increasing demands for space situational awareness arise from satellite-based services, which include navigation, Earth observation, and communications. With such an increased dependence on the use of space infrastructure for critical services, safeguarding becomes imperative. Space object tracking, determination of potential threats, and sustaining the continuous functioning of satellite systems are dependent upon space situational awareness systems, thus contributing to market expansion as the demand for those services increases.
Space Situational Awareness Market Restraints
High Cost of SSA Systems
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The cost of deploying, operating, and renewing the complex systems required for space situational awareness is expensive. Such costs can be prohibitive, especially for smaller states, organizations, and private companies which would struggle to afford these advanced solutions. In many aspects, the widespread integration of space situational awareness technologies may even be pushed back by the significant upfront investment needed in space situational awareness systems as well as operational costs.
Inadequate International Collaboration
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Though space operations occur around the globe, limited international cooperation prevails in space situational awareness, for most of the countries fear that their sensitive space data could leak if exchanged among other countries. Lack of such international cooperation inhibits an elaborate network for space situational awareness over the whole globe, thereby severely impacting space debris management along with the overall traffic issue over space. This results in ineffective and inadequate spread in existing space situational awareness systems market.
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Space Situational Awareness Market Competitive Landscape
Key players in the competitive global space situational awareness market include Lockheed Martin, Raytheon Technologies, Thales Group, Kongsberg Gruppen, and Northrop Grumman. These companies dominate the market because they are equipped with excellent space situational awareness technologies, which include satellite monitoring, collision avoidance, and tracking of space debris. Such spaces are typified by several technological developments, strategic collaborations, and investment by governments and private sectors that investigate innovations to improve features toward better space safety and surveillance capabilities.
Top Players in Space Situational Awareness Market
- Lockheed Martin Corporation
- L3Harris Technologies
- Kratos Defense & Security Solutions, Inc.
- Parsons Corporation
- Veritas Capital
- Exoanalytic Solutions
- Belcan, LLC
- Ansys, Inc.
- Northstar Earth & Space Inc.
- Elecnor Deimos Group
- Spacenav
- Globvision
- Telespazio S.P.A.
- Vision Engineering Solutions, LLC
- GMV Innovating Solutions
- EtamaX Space
- LeoLabs
- RTX Corporation
- BAE Systems
- Thales Group
Recent Developments
- A well-known satellite and space tech enterprise, EnduroSat announced earlier in October 2023 that it will develop space situational awareness systems over European commercial missions. For this, the company is going to develop and create them to launch in low Earth orbit its ESPA micro satellites aboard a spacecraft.
- Indian start-up, Digantara Research & Technologies, unveiled a plan to develop a space situational awareness observatory in August 2022. The observatory will be used to track satellites and space debris in various Earth orbits and provide space traffic management services.
- The governments of India and the United States announced in April 2022 that they signed a bilateral space situational awareness contract that would be able to upgrade both companies' defense equipment and the activities of space surveillance.
Space Situational Awareness Key Market Trends
- Integration of Artificial Intelligence: One of the key global space situational awareness market trends is the integration with machine learning and artificial intelligence. Artificial intelligence improves the accuracy of tracking and predicting space objects through real-time processing of large amounts of data. The demand for more complex, intelligent solutions in the market is being driven by machine learning algorithms' improved capacity to predict possible collisions and the motions of space debris, which maximizes the efficiency and dependability of space situational awareness systems.
- Development of Private SSA Solutions: There is a growing trend toward the development of private space situational awareness solutions as private companies become more active in space activities. These enterprises are developing advanced, cost-effective technologies to track and govern space objects, offering alternatives to traditional government-led space situational awareness services. This trend makes the market more diversified for smaller companies and new space states and makes space situational awareness technology more accessible to a greater number of people.
Space Situational Awareness Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, the global space situational awareness market will grow highly as the number of satellites and space debris grows. Increasingly, space situational awareness systems become necessary for the assurance of space infrastructure security due to the rising chances of accidents and the ever-increasing dependence on satellite-based services for communication, navigation, and national security. Technological advancements in artificial intelligence, machine learning, and data analytics are elevating the accuracy and efficiency of space surveillance. The market will continue to expand with increased spending by the government and private sectors on space defense and traffic control. International expansion of space activities will ensure that a strong space situational awareness solution remains the key to long-term viability of space operations.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 1.65 Billion |
| Market size value in 2032 | USD 2.48 Billion |
| Growth Rate | 4.62% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Space Situational Awareness Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Space Situational Awareness Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Space Situational Awareness Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Space Situational Awareness Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Space Situational Awareness Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Space Situational Awareness Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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