Space Situational Awareness Market Size, Share, Growth Analysis, 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 2024-2031

Drivers

Growing demand for space-based activities

• Requirements for space sensing applications such as RF mapping, weather monitoring, GPS radio encryption (GPS-RO) remote sensing, and automatic dependent surveillance broadcasting (ADS-B) for use in space and maritime aircraft environments to gather situational awareness in governmental settings, and marketing teams are expected to proliferate. The low operating costs of small satellites make them suitable for situational awareness applications. These satellites are used by airlines to track flights according to the newly established standards of the International Civil Aviation Organization (ICAO) which requires tracking of flights every 15 minutes. These satellites are used to monitor ships and dangerous activities in coastal areas. In 2021, ExoAnalytic Solutions (US) partnered with Northstar Earth & Space (US) to provide a comprehensive Space Situational Awareness (SSA) service to protect global satellite communities from collisions and ensure capability safely into space thus increasing space-based sensing activities for both. It is expected to Use, monitor the performance of satellites and their payloads, and gather situational awareness about space the situational awareness market has developed.

Restraints

Complex Regulatory requirements

• The International Telecommunications Union (ITU) UN agency controls orbital slots of satellites and radio frequencies used by satellite operators. Private players are expected to launch orbital satellites, aiming to provide global internet connectivity will introduce various legal complications. It is not an acceptable deployment because the main satellite of the payload is small. It determines the orbital injection point of the satellites. Also, it is generally necessary to ensure that the broadcast frequencies of new satellites in the Ku--Ka belt do not interfere with the frequencies of pre-existing satellite systems. It becomes a responsibility.