Situational Awareness Market Size, Share & Industry Analysis, By Platform (Cyber Security, Risk Management, Decision Support, Others), By Component (Sensors, GPS, Gyroscopes, Displays), By Product (Fire and flood alarm systems, HMI, RFID, Access Control, RADAR), By Application (Robots, Driving/connected cars, Business intelligence) By End User (Military & Defense, Aviation, Maritime Security) and Regional Forecast, 2024-2032

Situational awareness is the perception of environmental events concerning space or time. It is the study to understand the environmental situation for decision-makers in critical situations such as air traffic control, dynamic areas from aviation, power plant operations, military command & control, and ship navigation. It also includes emergency services, including firefighting and policing, from ordinary to more complex situations such as driving the automobile or riding a bicycle. It involves the understanding of how events, data, or own action shows results in objectives and goals in the future.

The increasing demand for security and surveillance systems for the detection of problems in real-time is the major driver for market growth. The command and control systems are useful in monitoring threat identification along with the assessment of risks that propels the growth of the situational awareness market.

Key Market Driver -

• Increasing Government Initiatives For Public Safety And Disaster Management • Increasing Demand For Situational Awareness Solutions In Aviation And Military

Key Market Restraint -

• Higher Cost Associated With Installation Hampers The Growth Of The Situational Awareness Market

Market Segmentation:

By platform, the market segmented into cybersecurity, risk management, decision support, and others. Based on the component, the market segmented into sensors, Global Positioning System (GPS), gyroscopes, displays, NVR, and others. The sensors are further classified into network sensors, image sensors, IR sensors, temperature sensors, and proximity sensors. The displays are further divided into motion detectors, cameras, embedded video processors, CCTVs, DVR, and video stabilizers, and encoders. Based on the product, the market categorized into the fire and flood alarm system, HMI, RFID, access control, RADAR, SONAR, command & control systems, CBRN system, and PSIM. Based on the application, the market is segmented into robots, driving/connected cars, security and surveillance, disaster response, business intelligence, logistics, environmental impact tracking, natural and cultural resources, smart infrastructure management, and crisis management. Based on the end user, the market is segmented into military & defense, maritime security, aviation, cybersecurity, automotive, construction, industrial, healthcare, and homeland security. From a geographical standpoint, the market categorized into North America, Europe, Asia Pacific, and the Rest of the World.

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.

Key Insights

• Increased use in security and surveillance systems for real-time problem detection.

Regional Analysis:

The situational awareness market is analyzed across four major regions North America, Europe, Asia Pacific, and the Rest of the World. At present, North America holds the highest market share in the situational awareness market. The growth is attributed to the increased use of situational awareness in industries such as military & defense, maritime security, homeland security, and aviation applications. The presence of key manufacturers such as Lockheed Martin Corporation, The Boeing Company, General Electric, Microsoft, L3Harris Technologies, Inc., Honeywell International Inc., and others drives the growth of the situational awareness market across the region.

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The Asia Pacific estimated to capture a significant market share of the situational awareness market globally during the forecast period. Increasing the adoption of smart appliances and a rise in demand for internet-based services drives the growth of the situational awareness market across the region. The presence of key players such as Airbus S.A.S., BAE Systems, BERTIN INSTRUMENTS, Robert Bosch GmbH, and others propels the market growth in Europe. In Rest of the World, increasing demand for advanced security and surveillance systems driving the market growth.

Segmentation

Situational Awareness Market Industry Developments

• In December 2019, Edgybees signed multiple AFWERX contracts to provide its innovative computer vision technology to the U.S. Air Force in the form of its augmented reality (AR) software solution, Argus, to bolster situational awareness in complex operational scenarios.


• In July 2019, Numerica signed a contract with U.S. Air Force for real-time satellite tracking. Under the new partnership, Numerica Corporation has been developing solutions to improve the collective understanding of the evolving space environment and is demonstrating the utility of its commercially augmented mission operations (CAMO) system for enhanced space situational awareness (SSA).