Space Situational Awareness Market
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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
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[218 Pages Report] 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 earth’s 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.
To know about the assumptions considered for the study, Request for Free Sample Report
COVID-19 Impact on the Space situational awareness Market
The COVID-19 pandemic has caused significant damage to the economic activities of countries
across the world. The manufacturing of space situational awareness systems, subsystems, and
components has also been impacted. Disruptions in the supply chain have led to halts in
manufacturing processes for the time being. Resuming manufacturing activities depends on the
level of COVID-19 exposure, the level at which manufacturing operations are running, and import-
export regulations, among other factors. While companies may still be taking in orders, delivery
schedules may not be fixed.
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