PRESS RELEASE: Paid content from Wired Release
Press release content from Wired Release. The AP news staff was not involved in its creation.

Situation Awareness System Market Projected to Reach $36.19 Billion by 2026, Claims Allied Market Research

September 15, 2020 GMT

Pune, Maharashtra, India, September 15 2020 (Wiredrelease) Allied Analytics :According to the report, the global situation awareness system (SAS) industry was estimated at $21.61 billion in 2018 and is expected to hit $36.19 billion by 2026, registering a CAGR of 6.8% from 2019 to 2026. The surgein demand for security surveillance systems, rise in concerns over public safety, development of smart infrastructure, and increase in dependency on SASs for cybersecurity fuel the growth of the global situation awareness system (SAS) market. On the other hand, high cost of advanced situational awareness systems (SAS) impedes growth to some extent. Nevertheless, the growing need for space situational awareness systems and increased focus on military modernization is expected to create multiple opportunities in the near future.


Download Sample Report: https://www.alliedmarketresearch.com/request-sample/1990

Based on component type, the display segment contributed to nearly two-fifths of the global situation awareness system (SAS) market share in 2018, and is expected to dominate by the end of 2026. Numerous advantages provided by displays such as real-time surveillance, accurate situation awareness, unusual activity detection, and visual representation of the current situation have spurred the growth. The global positioning system, on the other hand, would grow at the fastest CAGR of 10.4% throughout the forecast period. Features like easy-detection and exact situation awareness of the system have helped drive the growth of the segment.

Based on product type, the command control system segment accounted for nearly one-third of the global situation awareness system (SAS) market revenue in 2018, and is anticipated to maintain the lions share till 2026. During critical safety and security operations, these systems ensure that the integrity of the mission is protected through complete operational visibility, effective monitoring, and quick response to threats from a single location which, in turn, has driven the growth of the segment.

North America garnered the highest share in 2018, holding more than two-fifths of the global situation awareness system (SAS) market. High demand for space situational awareness activities from prominent organizations like the U.S. Department of Defense and NASA drives the growth. Simultaneously, the Asia-Pacific region would manifest the fastest CAGR of 9.2% from 2019 to 2026. This is attributed to the major shift toward digital transformation which is anticipated to generate a high requirements for the adoption of SAS systems.


For Purchase Inquiry: https://www.alliedmarketresearch.com/purchase-enquiry/1990

Frontrunners in the industry-

Microsoft Corporation
Rockwell Collins Inc.
BAE Systems Inc.
Denso Corporation
CNL Software Ltd.
General Electric
Lockheed Martin Corporation
Honeywell International Inc.
Harris Corporation D3
Security Management Systems Inc.

Similar Reports:

Global Telecom Analytics Market Expected to Reach $9.89 Billion by 2026

Customer Journey Analytics Market is Expected to Reach $26.88 Billion by 2026

Ultra-Mobile Devices Market is Expected to Garner $60,703 Million by 2022

Big Data Analytics in Retail Market Expected to Reach $4.43 Billion by 2027

Data Wrangling Market Expected to Reach $5.58 Billion by 2026

Access AVENUE- A Subscription-Based Library (Premium on-demand, subscription-based pricing model) at:


Avenue is a user-based library of global market report database, provides comprehensive reports pertaining to the worlds largest emerging markets. It further offers e-access to all the available industry reports just in a jiffy. By offering core business insights on the varied industries, economies, and end-users worldwide, Avenue ensures that the registered members get an easy as well as a single gateway to their all-inclusive requirements.

About Allied Market Research:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials Chemicals, Construction Manufacturing, Food Beverages, Energy Power, Semiconductor Electronics, Automotive Transportation, ICT Media, Aerospace Defense, and BFSI.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of the domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: 1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

This content has been published by Allied Analytics company. The WiredRelease News Department was not involved in the creation of this content. For press release service enquiry, please reach us at contact@wiredrelease.com.