Situation Awareness System Market by Component Type (Network Video Recorders, Sensors, Global Positioning System, Displays, and Others), 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), and Others), Industry Vertical (Military & Defense, Healthcare, Aerospace, Marine security, Automotive, Mining and Oil & Gas, Industrial, Cyber Security, and Others): Global Opportunity Analysis and Industry Forecast, 2021-2030.
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.
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
U.S.
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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