Global Space Situational Awareness Market: Key Highlights
Global Space Situational Awareness Market: Key Market Dynamics
Global Space Situational Awareness Market: Regional Overview
The North America SSA Market is projected to witness significant growth in the forecast period owing to presence of prominent space activities in the US. Increasing demand for the small satellite launches for observational purpose in the region is driving the market growth. For instance, the 20 companies out of 44, planning to launch constellation by 2025 are based in United States, which propels the demand for SSA. In addition to this, the US has higher space assets and therefor has a higher affinity to explore space related operations. This is expected to push the demand for SSA in the US.
Russia being one of the country with strong network of sensors with entire space catalog concentrating on the space and space related activities, is the major contributor to the SSA market. The International Scientific Optical Network (ISON) initiated by the Russia for near-Earth space monitoring, with the Keldysh Institute of Applied Mathematics (KIAM) doubled the number of observation facilities dedicated to the SSA. In addition to this, the Russia led ISON also keeps track of the catalog of the space objects using its established network. The aforementioned factors are projected to escalate the overall market growth in Europe.
Global Space Situational Awareness Market: Key Players Overview
ExoAnalytic Solutions, Inc. is the California based company offering products and solutions to the aerospace sector across the globe. The company operates through three segments: space domain awareness, missile defense and modelling and simulation. In space domain awareness, the company offers services to cater the different space needs, through ExoAnalytic Global Telescope Network encompasses of more than 300 sensors.
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