Latin America Space Situational Awareness (ssa) Market Size & Outlook
The space situational awareness (ssa) market in Latin America is expected to reach a projected revenue of US$ 92.5 million by 2030. A compound annual growth rate of 6% is expected of Latin America space situational awareness (ssa) market from 2024 to 2030.
Revenue, 2023 (US$M)
$61.4
Forecast, 2030 (US$M)
$92.5
CAGR, 2024 - 2030
6%
Report Coverage
Latin America
Latin America space situational awareness (ssa) market, 2018-2030 (US$M)
Related Markets
Latin America space situational awareness (ssa) market highlights
- The Latin America space situational awareness (ssa) market generated a revenue of USD 61.4 million in 2023.
- The market is expected to grow at a CAGR of 6% from 2024 to 2030.
- In terms of segment, payload was the largest revenue generating solution in 2023.
- Payload is the most lucrative solution segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 61.4 million |
| Market revenue in 2030 | USD 92.5 million |
| Growth rate | 6% (CAGR from 2023 to 2030) |
| Largest segment | Payload |
| Fastest growing segment | Payload |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Payload |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.0% of the global space situational awareness (ssa) market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 660.8 million by 2030.
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Space Situational Awareness (SSA) Market Scope
Space situational awareness (ssa) market segmentation & scope
Capability
Detect, Track, Identify
Threat Warning and Assessment
Others
Object
Rocket Bodies
Fragmentation Debris
Mission-Related Debris
Non-functional Aircrafts
Functional Aircrafts
Others
Orbit Range
Deep Space
Near Earth
End Use
Government & Military
Commercial
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Argentina
Brazil
Saudi Arabia
South Africa
UAE
Kuwait
Australia
China
India
Japan
South Korea
Thailand
Space Situational Awareness (SSA) Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Latin America space situational awareness (ssa) market
Related regional statistics
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