Title: Space Traffic Management Market Growth Trajectory, Key Drivers And Trends
1Space Traffic Management Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Space Traffic Management Market Segments
The Business Research Company segments its Space
Traffic Management market report as
Space Situational Awareness, Space Debris
Remediation, Space Orbit Management, Launch
Vehicle Operation
By Activity
By Application
Communication, Earth Observation, Navigation,
Global Positioning System And Surveillance,
Technology Development And Education
By End Use
Civil And Government, Commercial, Military
By Industry
3Market Statistics
The global space traffic management market size
grew from 13.07 billion in 2022 to 14.66
billion in 2023 at a compound annual growth rate
(CAGR) of 12.2. The space traffic management
market size is expected to grow to 21.43 billion
in 2027 at a CAGR of 9.9.
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4Key Market Drivers And Trends
Drivers
The rising threat of space debris is expected to
drive the growth of the space traffic management
market going forward.
Trends
Advancement in space debris monitoring platforms
is a key trend gaining popularity in the space
traffic management market.
Region
North America was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
5Key Market Players
- Major players in the Space Traffic Management
market are - Thales Group
- L3Harris Technologies Inc.
- Boeing Company
- Airbus Group
- BAE Systems plc
- And more.
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