Situation awareness system (SAS) help in collecting, visualizing, and analyzing information related to the surrounding and remote environment to facilitate surveillance as well as security. It provides tools necessary to locate, communicate, alert, and provide messaging & file transfer functionality to users, using tactical terminal devices. SAS is the ability to identify, process, and understand critical elements of information and further analyze it with different systems such as surveillance awareness systems. SAS involves awareness of different environmental situations by collection and interpretation of information, which helps companies in taking informed decisions with timely actions. These systems are used across different areas such as traffic control and management that needs continuous monitoring of different events, which is important for timely action. SAS provides a number of benefits to organizations including security, threat identification, risk analysis, and strategy planning to decide on the future course of action.
Factors such as rise in adoption of situational awareness systems for disaster management, rise in demand for security and surveillance systems for timely detection of problems, and ongoing improvements in security and public safety fuel growth of the situational awareness system market. In addition, increase in applications of SAS in military & defense, industrial, and cyber security drives the growth of the market. However, high cost associated with implementation of SAS and lack of awareness of situation awareness systems are expected to hinder growth of the market. On the contrary, surge in need for space situational awareness solutions and ongoing military modernization are expected to provide lucrative opportunities for the market growth in the coming years.
The situation awareness system market is segmented on the basis of component type, type, industry vertical, and region. On the basis of component type, it is divided into network video recorders (NVRs), sensors, global positioning system (GPS), displays, and others. By Type, it is categorized into command & control system, fire & flood alarm system, radio frequency identification (RFID), radar, chemical biological radiological and nuclear (CBRN) systems, sonar, physical security information management (PSIM)/access control (including HMI), and others. By industry vertical, it is segregated into military & defense, healthcare, aerospace, marine security, automotive, mining and oil & gas, industrial, cyber security, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the Situation awareness system market include Honeywell International Inc., Rockwell Collins, Inc., BAE Systems, Inc., Microsoft Corporation, Denso Corporation, General Electric, Lockheed Martin Corporation, Harris Corporation, D3 Security Management Systems, Inc., and CNL Software Ltd. These major players have adopted various key development strategies such as business expansion and new product launches, which drive growth of the market.
Factors such as rise in adoption of situational awareness systems for disaster management, rise in demand for security and surveillance systems for timely detection of problems, and ongoing improvements in security and public safety fuel growth of the situational awareness system market. In addition, increase in applications of SAS in military & defense, industrial, and cyber security drives the growth of the market. However, high cost associated with implementation of SAS and lack of awareness of situation awareness systems are expected to hinder growth of the market. On the contrary, surge in need for space situational awareness solutions and ongoing military modernization are expected to provide lucrative opportunities for the market growth in the coming years.
The situation awareness system market is segmented on the basis of component type, type, industry vertical, and region. On the basis of component type, it is divided into network video recorders (NVRs), sensors, global positioning system (GPS), displays, and others. By Type, it is categorized into command & control system, fire & flood alarm system, radio frequency identification (RFID), radar, chemical biological radiological and nuclear (CBRN) systems, sonar, physical security information management (PSIM)/access control (including HMI), and others. By industry vertical, it is segregated into military & defense, healthcare, aerospace, marine security, automotive, mining and oil & gas, industrial, cyber security, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market players operating in the Situation awareness system market include Honeywell International Inc., Rockwell Collins, Inc., BAE Systems, Inc., Microsoft Corporation, Denso Corporation, General Electric, Lockheed Martin Corporation, Harris Corporation, D3 Security Management Systems, Inc., and CNL Software Ltd. These major players have adopted various key development strategies such as business expansion and new product launches, which drive growth of the market.
KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the situation awareness system market along with the current trends and future estimations to elucidate the imminent investment pockets
- Information about key drivers, restraints, and opportunities and their impact analysis on the situation awareness system market size is provided
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the situation awareness system market
- The quantitative analysis of the situation awareness system market from 2020 to 2030 is provided to determine the situation awareness system market potential
MARKET SEGMENTS
By Component Type
- Network video recorders (NVRs)
- Sensors
- Global positioning system (GPS)
- Displays
- Others
By Product type
- Command & Control System
- Fire & Flood Alarm System
- Radio Frequency Identification (RFID)
- Radar
- Chemical, biological, radiological, and nuclear (CBRN) Systems
- Sonar
- Physical security information management (PSIM)/access control (including HMI)
- Others
By Industry Verticals
- Military & defense
- Healthcare
- Aerospace
- Marine security
- Automotive
- Mining and oil & gas
- Industrial
- Cyber security
- Others
By Region
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South-Korea
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
KEY MARKET PLAYERS
- BAE System
- CNL Software Limited
- Collins Aerospace
- D3 Security Management System Inc
- Denso Corporation
- General Electric
- Harris Corporation
- Honeywell International Inc
- Lockheed Martin Corporation
- Microsoft Corporation
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Table of Contents
Chapter 1: Introduction
Chapter 2: Executive Summary
Chapter 3: Market Landscape
Chapter 4: Situation Awareness System Market, by Component
Chapter 5: Situation Awareness System Market, by Type
Chapter 6: Situation Awareness System Market, by Industry Vertical
Chapter 7: Situation Awareness System Market, by Region
Chapter 8: Company Profiles
List of Tables
List of Figures
Executive Summary
According to a recent report titled, “Situation Awareness System Market Analysis by Component, Type, Industry Vertical and Region: Global Opportunity Analysis and Industry Forecast, 2021–2030,” The global situation awareness system market was valued at $27.74 billion in 2020, and is projected to reach $67.27 billion by 2030, registering a CAGR of 9.19%.Situation awareness system is a security system used to collect and analyze the surrounding environment to enhance safety and security, environmental monitoring, and mass notification. It helps in improving the responsiveness to daily operations and emergency situations. In addition, it is widely used in several applications like military simulation as it offers time to investigate and resolve an issue before any emergency or inconvenience arises. Furthermore, these systems provides the perception of environmental elements and events with respect to time or location along with comprehension of their meaning and projection of their future status.
On the basis of product, the command & control system segment captured the largest share in 2020, and is expected to continue this trend during the forecast period. The command & control systems play a crucial role in coordination and safety mainly in military, defense, and aerospace industries. In addition, various governments across the globe are adopting this system for their defense sector as it provides exact information about a situation and improves decision-making capabilities in critical situations, which is expected to propel growth of this segment during the forecast period. However, the sonar segment is expected to witness highest growth in the upcoming years. This is attributed to the fact that technological advancements played an important role in increasing adoption of sonar to provide improved marine security for military and navy. In addition, features of sonar such as sound detection and accurate situation awareness in deep sea are some of the factors that contribute toward its growth in the situation awareness system market.
On the basis of industry vertical, the military & defense sector garnered largest share in 2020, and is expected to continue this trend during the forecast period. This situation awareness system (SAS) find wide applications in military & defense, including homeland security, such as security and surveillance of a country or area, information security, and citizen safety. Military uses SAS products such as command & control system, CCTV, and alarms. In addition, defense agencies have been adopting situation awareness system to provide army with proper instructions in case of any threats. Such advantages drive growth of the market. However, the healthcare sector is expected to witness highest growth in the upcoming years. This is attributed to increasing security concerns among patients and medical staff, which encourage healthcare providers to implement SAS. In addition, these systems provide real-time situational awareness to surgery centers, hospitals, and clinics. Rise in demand for real-time situation awareness and information security is expected to foster SAS demand in the healthcare industry.
As per situation awareness system market forecast post COVID-19, the global situation awareness system market was valued at $27.74 billion in 2020, and is projected to reach $67.27 billion by 2030, registering a CAGR of 9.19%.
The COVID-19 outbreak has a positive impact on growth of the situation awareness system market, owing to security and safety reasons. However, the outbreak of COVID-19 has affected communities globally, while governments and other sectors are trying their best to respond faster to challenges posed by this pandemic. Furthermore, governments and businesses are increasingly asking employees to work from home or are shifting work to employees in less affected areas to maintain business continuity during the pandemic. Furthermore, high demand for situational awareness systems for commercial applications such as monitoring as well as observation of satellite operator’s fleet and tracking of satellite moments throughout their lifecycle further drives growth of the market. Moreover, industries such as public sector, military & defense sector, and healthcare sector have shown increased adoption of situation awareness system and are expected to continue using them, owing to rise in focus on digitization, growing technological awareness, and need for better security systems.
Several government initiatives as well as increasing investments in smart city projects are expected to provide lucrative opportunities for the market post COVID-19.
Key Findings Of The Study
- On the basis of component, the displays segment dominated the situation awareness system market in 2020 However, the global positioning system (GPS) segment is expected to exhibit significant growth during the forecast period
- On the basis of type, the command & control system segment dominated the enterprise application market in 2020 However, the sonar segment is expected to exhibit significant growth during the forecast period
- On the basis of industry vertical, the military & defense sector accounted for the highest revenue of market in 2020; however, the healthcare sector is expected to witness the highest growth rate during the forecast period
- On the basis of region, the situation awareness system market was dominated by North America in 2020 However, Asia-Pacific is expected to witness significant growth in the coming years
- This report gives an in-depth profile of some key market players in the situation awareness system which includes Honeywell International Inc., Rockwell Collins, Inc., BAE Systems, Inc., Microsoft Corporation, Denso Corporation, General Electric, Lockheed Martin Corporation, Harris Corporation, D3 Security Management Systems, Inc., and CNL Software Ltd This study includes market trends, market analysis, and future estimations to determine the imminent investment pockets
Companies Mentioned
- BAE SYSTEMS
- CNL SOFTWARE LIMITED
- D3 SECURITY MANAGEMENT SYSTEMS, INC
- DENSO CORPORATION
- GENERAL ELECTRIC
- HARRIS CORPORATION
- HONEYWELL INTERNATIONAL INC
- LOCKHEED MARTIN CORPORATION
- MICROSOFT CORPORATION
- COLLINS AEROSPACE (UNITED TECHNOLOGIES
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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