Space Situational Awareness (SSA) Market Size Expected to Grow at a CAGR over 7% from 2022 to 2030

Global Space Situational Awareness (SSA) Market is predicted to reach USD 2.01 billion at a CAGR of 7% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Space Situational Awareness (SSA) Market” that contains information from 2022 to 2030. The Global Space Situational Awareness (SSA) Market is estimated to register a CAGR of 7% during the forecast period of 2022 to 2030.

MRFR recognizes the following companies as the key players in the Global Space Situational Awareness (SSA) Market— Analytical Graphics, Etamax Space, Exoanalytic Solutions, Kratos Defense & Security Solutions, L3 Harris Technologies.

Market Highlights

Global Space Situational Awareness (SSA) Market is accounted to register a CAGR of 7% during the forecast period and is estimated to reach USD 2.01 Billion by 2030.

Space Situational Awareness (SSA) refers to the comprehensive knowledge and understanding of activities, events, and objects within the space domain. It involves the acquisition, tracking, characterization, and cataloging of man-made objects, such as satellites, debris, and other space assets, as well as natural phenomena like asteroids and comets, to support space operations and ensure the safety, security, and sustainability of space activities. SSA encompasses a range of activities, including the monitoring and analysis of objects in space, prediction of their trajectories, identification of potential collisions or close approaches, detection of space debris, monitoring of space weather conditions, and assessment of potential threats to space assets. By collecting and analyzing data from various sources, such as ground-based and space-based sensors, radar systems, telescopes, and other tracking systems, SSA aims to provide accurate and up-to-date information about the space environment.

Segment Analysis

Global Space Situational Awareness (SSA) Market has been segmented based on Offering, Object, and End User.

Based on Offering, the market is segmented into Services and Software. The Services category dominates the Space Situational Awareness (SSA) market due to the need for data analysis, tracking, and monitoring services for space objects and events.

Based on Object, the market is segmented into Mission-Related Debris, Rocket Bodies, Fragmentation Debris, Functional Spacecraft, Non-Functional Spacecraft, and others. The Mission-Related Debris category dominates the Space Situational Awareness (SSA) market due to the increasing concern and efforts to track and mitigate space debris generated from space missions.

Based on End Users, the market is segmented into Commercial, and Government & Military. The Commercial category dominates the Space Situational Awareness (SSA) market due to the growing involvement of private companies in providing SSA services and solutions for both government and commercial space operations.

Regional Analysis

The Global Space Situational Awareness (SSA) Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Space Situational Awareness (SSA) Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Space Situational Awareness (SSA) Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Space Situational Awareness (SSA) Market comprises of Middle East, Africa, and Latin America.

The toy markets in North America, particularly the U.S., and Canada, are major players, characterized by the strong presence of renowned companies like Mattel and Hasbro. These markets thrive due to factors such as high levels of disposable income, a well-established retail infrastructure, and a prevalent culture of toy gifting.

In Europe, countries like Germany, the United Kingdom, France, and Italy take the lead in the toy industry, supported by a diverse range of manufacturers and retailers, including Lego and Simba Dickie Group. The region experiences notable advancements in toy technology, with interactive and educational Space Situational Awareness (SSA) gaining popularity.

Asia-Pacific emerges as a rapidly growing toy market, fueled by countries like China, Japan, and India. China, in particular, stands out with its robust manufacturing sector and the production of a vast quantity of Space Situational Awareness (SSA) for domestic and international markets. Factors such as rising disposable income, urbanization, and evolving consumer preferences contribute to the dynamic growth of the toy market in the region.

Key Findings of the Study

• The Global Space Situational Awareness (SSA) Market is expected to reach USD 2.01 Billion by 2030, at a CAGR of 7% during the forecast period.


• Renowned companies like Mattel and Hasbro establish the U.S. and Canada as significant players in the North American toy markets. These markets flourish due to factors such as substantial disposable income, a robust retail infrastructure, and a prevailing tradition of toy gifting.


• Based on the Offering, the Market has been segmented into Services holding the largest market in 2022.


• Analytical Graphics, Etamax Space, Exoanalytic Solutions, Kratos Defense & Security Solutions, L3 Harris Technologies.