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Situational Awareness Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

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Situational Awareness Market
1. The global situational awareness market is expected to grow at a CAGR of XX% during the forecast period (2020-2025).
The global situational awareness market is expected to grow at a CAGR of XX during the forecast period 2020-2025. This growth is attributed to the increasing demand for situational awareness solutions across various end-use industries such as oil & gas, mining, construction, and transportation. In addition, the rising need for real-time monitoring of critical infrastructure and assets is also one of the key factors driving the market growth.

Situational awareness solutions enable organizations to have a better understanding of their environment and the potential threats or risks associated with it. These solutions provide real-time data and information that helps organizations in making informed decisions. Situational awareness solutions are used across various industry verticals such as oil & gas, mining, construction, and transportation.

Oil & gas is one of the major end-use industries of situational awareness solutions. The oil & gas industry is a high-risk industry and requires real-time monitoring of critical assets and infrastructure. Situational awareness solutions help oil & gas companies in reducing the risks associated with the industry. Mining is another major end-use industry of situational awareness solutions. The mining industry is also a high-risk industry and requires real-time monitoring of critical assets and infrastructure.

Situational awareness solutions help mining companies in reducing the risks associated with the industry. Construction is another major end-use industry of situational awareness solutions. The construction industry is also a high-risk industry and requires real-time monitoring of critical assets and infrastructure. Situational awareness solutions help construction companies in reducing the risks associated with the industry. Transportation is another major end-use industry of situational awareness solutions.

The transportation industry is also a high-risk industry and requires real-time monitoring of critical assets and infrastructure. Situational awareness solutions help transportation companies in reducing the risks associated with the industry. Some of the key players in the global situational awareness market are Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, General Dynamics Corporation, and Boeing.

2. The situational awareness market is segmented by component, solution, service, end-user, and geography.
The situational awareness market is segmented by component, solution, service, end-user, and geography. The market, by component, is classified into hardware, software, and services. The market, by solution, is classified into integrated, stand-alone, and web-based. The market, by service, is classified into professional and managed. The market, by end-user, is classified into government and defense, healthcare, transportation, energy and utilities, BFSI, retail, and others. The market, by geography, is classified into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The situational awareness market is expected to grow from USD 14.20 Billion in 2017 to USD 31.45 Billion by 2023, at a CAGR of 17.24% during the forecast period. The growth of this market is attributed to the need for real-time information and enhanced decision-making capabilities and the increase in terrorist activities and cross-border disputes.

The situational awareness market is segmented by component, solution, service, end-user, and geography.

The market, by component, is classified into hardware, software, and services. The hardware segment is expected to grow at the highest CAGR during the forecast period. The need for situational awareness systems is increasing due to the need for real-time information and enhanced decision-making capabilities.

The market, by solution, is classified into integrated, stand-alone, and web-based. The integrated segment is expected to grow at the highest CAGR during the forecast period. The need for situational awareness systems is increasing due to the need for real-time information and enhanced decision-making capabilities.

The market, by service, is classified into professional and managed. The professional segment is expected to grow at the highest CAGR during the forecast period. The need for situational awareness systems is increasing due to the need for real-time information and enhanced decision-making capabilities.

The market, by end-user, is classified into government and defense, healthcare, transportation, energy and utilities, BFSI, retail, and others. The government and defense segment is

3. The major players in the situational awareness market are Northrop Grumman Corporation, Lockheed Martin Corporation, Raytheon Company, Saab AB, and Thales Group.
The situational awareness market is expected to grow from USD 18.72 Billion in 2017 to USD 24.48 Billion by 2023, at a CAGR of 4.71% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2023. This report provides a detailed analysis of the situational awareness market based on platform, solution, service, and region. It also provides a market size and forecast for the global situational awareness market from 2017 to 2023.

The research methodology used to estimate and forecast the situational awareness market begins with capturing data on key vendor revenues through secondary research. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure was employed to arrive at the overall market size of the global situational awareness market from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of profiles of primaries is depicted in the figure below:

Northrop Grumman Corporation is an American global aerospace and defense technology company formed by the merger of Northrop Corporation and Grumman Corporation. Northrop Grumman is headquartered in Falls Church, Virginia, and has employees worldwide. Northrop Grumman ranks number one in the global situational awareness market. The company’s key offerings include airborne radar, electro-optical/infrared sensors, and electronic warfare systems. Northrop Grumman has a strong product portfolio and has been investing heavily in research and development activities to develop new and innovative products to cater to the changing requirements of the customers. The company has a strong customer base in North America and Europe.

Lockheed Martin Corporation is an American global aerospace, defense, security, and advanced technology company with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. Lockheed Martin is headquartered

4. The North American region is expected to hold the largest market share in
The North American region is expected to hold the largest market share in the situational awareness market. This can be attributed to the high adoption of advanced technologies, such as big data and analytics, artificial intelligence (AI), and machine learning (ML), among others. Moreover, the region is home to some of the leading defense manufacturers, such as Lockheed Martin, Northrop Grumman, and Raytheon.

The situational awareness market in North America is further categorized into the US, Canada, and Mexico. The US is expected to be the leading contributor to the regional market owing to the presence of a large number of defense manufacturers and technology providers. Moreover, the country is a pioneer in the adoption of cutting-edge technologies, such as big data and analytics, AI, and ML.

The situational awareness market in Europe is expected to grow at a moderate pace during the forecast period. The region is characterized by the presence of a large number of defense manufacturers and technology providers. Moreover, countries in the region are investing heavily in the development of advanced technologies, such as big data and analytics, AI, and ML.

The situational awareness market in the Asia-Pacific region is expected to grow at a significant pace during the forecast period. This can be attributed to the increasing defense expenditure by countries in the region and the growing adoption of advanced technologies, such as big data and analytics, AI, and ML.

Some of the key players in the situational awareness market are Lockheed Martin, Northrop Grumman, Raytheon, General Dynamics, Saab, Thales, BAE Systems, Rheinmetall, and Airbus.

Key Players Covered:

Major key players that are present in the Global Situational Awareness Market are Lockheed Martin Corporation (The U.S.), Honeywell International Inc. (The U.S.), Airbus S.A.S. (France), The Boeing Company (The U.S.),  DENSO CORPORATION (Japan), General Electric (The U.S.), Microsoft (The U.S.), L3Harris Technologies, Inc. (The U.S.), General Dynamics Corporation (The U.S.), Robert Bosch GmbH (Germany), Johnson Controls (Ireland), Qualcomm Technologies, Inc. (The U.S.), Advanced Micro Devices, Inc (The U.S.), Pleora Technologies Inc. (Canada), BAE Systems (UK), Collins Aerospace (The U.S.), BERTIN INSTRUMENTS (France), Axis Communications AB (Sweden), and Sensara Inc. (The U.S.), and among others.

Segmentation

 

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 ATTRIBUTE

 DETAILS
 

By Platform

 

 

    • Cyber Security
    • Risk Management
    • Decision Support
    • Others
 

By Component

 

 

    • Sensors
        • Network Sensors

       

        • Image Sensors

       

        • IR Sensors

       

        • Proximity Sensors

       

        • Temperature Sensors

       

    • GPS
    • Gyroscopes
    • Displays
    • Motion Detectors
    • Cameras
    • Embedded Video Processors
    • CCTVs
    • Video Stabilizers and encoders
    • DVR
    • NVR
    • Others
 

By Product

 

 

    • Fire and flood alarm systems
    • HMI
        • HMD

       

        • Multi-function displays

       

    • RFID
    • Access Control
    • RADAR
    • CBRN systems
    • Command & Control Systems
    • SONAR
    • Active Sonar
    • Passive Sonar
    • PSIM
 

By Application

 

 

    • Robots
    • Driving/connected cars
    • Business intelligence
    • Disaster response
    • Security & surveillance
    • Environmental impact tracking
    • Logistics
    • Natural and cultural resources
    • Smart infrastructure management
    • Crisis management
 

By End User

 

 

    • Military & Defense
    • Aviation
    • Maritime Security
    • Cybersecurity
    • Automotive
    • Healthcare
    • Construction
    • Industrial
    • Homeland Security
 

By Geography

 

 

    • North America (The U.S., and Canada)
    • Europe (The U.K., Germany, France, Italy, and Rest of Europe)
    • Asia Pacific (India, China, Japan, South Korea, and Rest of Asia Pacific)
    • Rest of the World ( South America, Middle East & Africa)
 

By Platform

 

 

    • Cyber Security
    • Risk Management
    • Decision Support
    • Others
 

By Component

 

 

    • Sensors
        • Network Sensors

       

        • Image Sensors

       

        • IR Sensors

       

        • Proximity Sensors

       

        • Temperature Sensors

       

    • GPS
    • Gyroscopes
    • Displays
    • Motion Detectors
    • Cameras
    • Embedded Video Processors
    • CCTVs
    • Video Stabilizers and encoders
    • DVR
    • NVR
    • Others
 

By Product

 

 

    • Fire and flood alarm systems
    • HMI
        • HMD

       

        • Multi-function displays

       

    • RFID
    • Access Control
    • RADAR
    • CBRN systems
    • Command & Control Systems
    • SONAR
    • Active Sonar
    • Passive Sonar
    • PSIM
 

By Application

 

 

    • Robots
    • Driving/connected cars
    • Business intelligence
    • Disaster response
    • Security & surveillance
    • Environmental impact tracking
    • Logistics
    • Natural and cultural resources
    • Smart infrastructure management
    • Crisis management
 

By End User

 

 

    • Military & Defense
    • Aviation
    • Maritime Security
    • Cybersecurity
    • Automotive
    • Healthcare
    • Construction
    • Industrial
    • Homeland Security

Lockheed Martin Corporation (The U.S.), Honeywell International Inc. (The U.S.), Airbus S.A.S. (France), The Boeing Company (The U.S.),  DENSO CORPORATION (Japan), General Electric (The U.S.), Microsoft (The U.S.), L3Harris Technologies, Inc. (The U.S.), General Dynamics Corporation (The U.S.), Robert Bosch GmbH (Germany), Johnson Controls (Ireland), Qualcomm Technologies, Inc. (The U.S.), Advanced Micro Devices, Inc (The U.S.), Pleora Technologies Inc. (Canada), BAE Systems (UK), Collins Aerospace (The U.S.), BERTIN INSTRUMENTS (France), Axis Communications AB (Sweden), and Sensara Inc. (The U.S.), and among others.

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