The Space Situational Awareness Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The Space Situational Awareness Global Market has seen robust growth in recent years. The market size is projected to increase from $1.5 billion in 2024 to $1.6 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 6.4%.
The Space Situational Awareness Global Market is projected to reach a size of $2.07 billion by the year 2029. The compound annual growth rate (CAGR) is anticipated to be 6.7%.
Download Your Free Sample of the 2025 Space Situational Awareness Market Report and Uncover Key Trends Now!The key drivers in the space situational awareness market are:
• The need for effective space traffic management
• Growth in commercial space operations
• The advent of lunar and deep space exploration
• The potential for space resource utilization
The space situational awareness market covered in this report is segmented –
1) By Solution: Service, Payload Systems, Software
2) By Capability: Detect, Track, And Identify (D/T/Id), Threat Warning And Assessment, Characterization
3) By Object: Mission-Related Debris, Rocket Bodies, Fragmentation Debris, Functional Spacecraft, Non-Functional Spacecraft, Other Objects
4) By Orbital Range: Near-Earth, Deep Space
5) By End Use: Commercial, Government And Military
The key trends in the medical imaging reagents market are:
• Space traffic management is emerging as a crucial trend.
• Monitoring of space debris is becoming increasingly significant.
• Rapid data sharing is shaping the future of the market.
• Commercial SSA services and space weather prediction are upcoming trends.
Major companies in the space situational awareness market are:
• Lockheed Martin Corporation
• Kratos Defense & Security Solutions Inc.
• Polaris Alpha Advanced Systems Inc.
• Applied Defense Solutions
• Schafer Industries
• L3harris Technologies
• General Dynamics Corporation
• Vision Engineering Solutions
• Norstar Space Data
• SpaceNav LLC
• Elecnor Deimos Group
• ExoAnalytic Solutions Inc.
• Honeywell International Inc.
• DRS Technologies.
• BAE Systems
• Northrop Grumman Corporation
• RTX Corporation
• Thales Group
• ATOS SE
• Elbit Systems Ltd.
• Leonardo S.p.A.
• Rheinmetall AG
• Airbus SE
• Boeing Co.
• Pratt & Whitney
• GE Aviation
• Safran S.A.
• Israel Aerospace Industries
• Spirit AeroSystems Inc.
• Triumph Group Inc.
• United Technologies Corporation
• International Business Machines Corporation
• Microsoft Corporation
• Amazon Web Services Inc.
• Google LLC
• Oracle Corporation
• Cisco Systems Inc.
North America was the largest region in the space situational awareness market in 2024