Dublin, June 28, 2018 (GLOBE NEWSWIRE) -- The "Space Situational Awareness (SSA) Market by Offering (Services, Software), Object (Mission-Related Debris, Fragmentation Debris, Functional, Non-Functional Spacecraft), End User (Government & Military, Commercial) & Region - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.

The space situational awareness market is estimated to be USD 1.15 Billion in 2018 and is projected to reach USD 1.44 Billion by 2023, at a CAGR of 4.54% from 2018 to 2023.

Increasing demand for space situational awareness services to reduce potential hazards in space, as well as the rising need for carrying out commercial on-orbit satellite activities, are some of the factors driving the space situational awareness market. Regulatory norms laid down by various space regulatory authorities restrain the growth of the space situational awareness market.

Based on end user, the commercial segment is estimated to account for the largest share of the space situational awareness market in 2018. Growth in small satellites, which is expected to lead to high demand for Space Situational Awareness (SSA), enables satellite operators to characterize space environment and carry out space activities safely and efficiently.

Another factor contributing to the growth of the commercial segment is the high demand for SSA for commercial applications, such as monitoring and observation of satellite operator's fleet, increasing demand for small satellite deployment, and tracking of satellite moments through their lifecycle.

The space situational awareness market in North America is projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to focused efforts of space companies on developing space situational awareness solutions, demand for small satellite launch, rising US commercial/military reliance on space assets, and increasing space exploration activities in the US and Canada. Advancements in space technology and demand for space situational awareness services information, and accurate data are factors driving the North America space situational awareness market.

Some of the major players operating in the space situational awareness market include Schafer (US), Analytical Graphics (US), Applied Defense Solutions (US), ExoAnalytic Solutions (US), and Vision Engineering Solutions (US).

These key players offer various space situational awareness services and software, such as conjunction analysis, space debris end-to-end services, Joint Space Operations Centre (JSpOC), and Orbit Determination Tool Kit (ODTK), among others. New product development, partnerships, and contracts are the major growth strategies adopted by these players to improve their position in the space situational awareness market.

Key Topics Covered

1 Introduction
1.1 Objectives of The Study
1.2 Market Definition
1.2.1 Markets Covered
1.2.2 Regional Scope
1.2.3 Years Considered for The Study
1.3 Currency & Pricing
1.4 Limitations
1.5 Market Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Data Triangulation
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Demand for Space Traffic Management and Identification of Functional and Non-Functional Satellites to Offer Several Untapped Opportunities in The Space Situational Awareness Market
4.2 Space Situational Awareness Services Market, By Type
4.3 Space Situational Awareness Market for Commercial End User, By Type
4.4 Space Situational Awareness Market for Object, By Type
4.5 Space Situational Awareness Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Demand for Small Satellites Across The Globe
5.2.1.2 Increasing Demand for Space-Based Sensing Activities
5.2.1.3 Growing Space Congestion Due to Increasing Number of New Satellite Launches
5.2.2 Restraints
5.2.2.1 Adherence to Regulatory Norms Laid By Various Space Regulatory Authorities
5.2.3 Opportunities
5.2.3.1 Rising Demand for Lower Earth Orbit (LEO)-Based Services
5.2.3.2 Increasing Involvement of Private Players in The Global Space Industry
5.2.3.3 Growing Need for Commercial On-Orbit Satellite Activities
5.2.4 Challenges
5.2.4.1 Non-Detection of Micro-Sized Debris By Space Situational Awareness Sensors

6 Industry Trends
6.1 Introduction
6.2 Industry and Technology Trends
6.2.1 Civil Space Situational Awareness Services
6.2.2 Space Traffic Management
6.2.3 Minor Planet Center (MPC)
6.2.4 Space-Based Sensor
6.2.5 Ground-Based Sensor
6.2.6 Satellite Laser Ranging (SLR)
6.2.7 Rf Sensing
6.2.8 It Highlights
6.2.8.1 Conceptual SSA Architecture
6.2.8.2 Potential Approaches to The Provision of SSA Services
6.3 Innovation & Patent Registrations

7 Space Situational Awareness Market, By Offering
7.1 Introduction
7.2 Services
7.2.1 Space Weather Services
7.2.1.1 Space Weather Forecasts and Warnings
7.2.1.2 Radio Frequency Interference Notifications
7.2.2 Near-Earth Object Detection Services
7.2.2.1 Disposal/End-Of-Life-Support
7.2.2.2 Tracking Space Debris
7.2.2.3 Re-Entry Predictions
7.2.2.4 Orbit Determination
7.2.3 Space Surveillance and Tracking Services
7.2.3.1 Launch and Early Orbit Phase
7.2.3.2 On-Orbit Conjunction Assessment
7.2.3.3 Mission Support
7.2.3.4 Deorbit
7.2.3.5 Others
7.3 Software
7.3.1 Orbit Determination Tool Kit
7.3.2 Comspoc
7.3.3 Space Data Center
7.3.4 Space Event Generator
7.3.5 Joint Space Operations Center
7.3.6 Others

8 Space Situational Awareness Market, By End User
8.1 Introduction
8.2 Government & Military
8.2.1 Space Agencies
8.2.2 Departments of Defense
8.2.3 Search and Rescue Entities
8.2.4 Intelligence Community
8.2.5 Academic and Research Institutions
8.3 Commercial
8.3.1 Satellite Operators/Owners
8.3.2 Launch Providers
8.3.3 Space Insurance Companies
8.3.4 Energy Industry
8.3.5 Air Traffic & Navigation Service Providers
8.3.6 Others

9 Space Situational Awareness Market, By Object
9.1 Introduction
9.2 Mission-Related Debris
9.3 Rocket Bodies
9.4 Fragmentation Debris
9.5 Functional Spacecraft
9.6 Non-Functional Spacecraft
9.7 Others

10 Regional Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.3 Europe
10.3.1 Russia
10.3.2 France
10.3.3 Germany
10.3.4 UK
10.3.5 Italy
10.4 Asia Pacific
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 South Korea
10.4.5 Australia
10.5 Rest of The World
10.5.1 Middle East
10.5.2 Africa
10.5.3 South America

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis: 2017
11.3 Competitive Scenario
11.3.1 New Product Launches & Developments
11.3.2 Contracts
11.3.3 Partnerships, Agreements, and Acquisitions
11.3.4 Expansions & Collaborations

12 Company Profiles
12.1 Vision Engineering Solutions
12.2 Exoanalytic Solutions
12.3 Schafer
12.4 Etamax Space
12.5 Kratos Defense & Security Solutions
12.6 Analytical Graphics
12.7 Lockheed Martin
12.8 Sky and Space Global
12.9 Norstar Space Data
12.10 Polaris Alpha
12.11 Solers
12.12 Elecnor Deimos Group
12.13 Spacenav
12.14 GMV Innovating Solutions
12.15 Applied Defense Solutions
12.16 Globvision
12.17 Harris

For more information about this report visit https://www.researchandmarkets.com/research/d9xtdw/global_1_44?w=12 

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Related Topics: Space Systems, Satellites and Launchers