What is Situation Awareness Systems (SAS)?
Situation Awareness Systems (SAS) are used across different applications such as security & surveillance, traffic control, and a defense that needs continuous monitoring and identification of different events making it even more crucial for timely action. SAS provides security along with risk analysis, threat identification, strategy planning and decides on the future course of action. These systems are witnessing significant adoption in line with their ability to assist in collecting, visualizing, and evaluating information related to the remote environment and surroundings.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Honeywell International Inc. (United States), Rockwell Collins, Inc. (United States), BAE Systems, Inc. (United Kingdom), Lockheed Martin Corporation (United States), General Electric (United States), Denso Corporation (Japan), D3 Security Management Systems, Inc. (Canada), L3 Harris Technologies Inc. (United States), Robert Bosch (Germany) and General Dynamics (United States) |
The study covers a detailed analysis segmented by key business segments i.e. by type (Radio Frequency Identification (RFID), Command and Control System, Physical Security Information Management (PSIM), Chemical, Biological, Radiological, and Nuclear (CBRN) Systems, Fire and Flood Alarm System, RADAR, SONAR and Others) , by application (Security & Surveillance, Remote Monitoring, Real-Time Monitoring, Improved User Experience, Environmental Impacts Tracking, Smart Infrastructure Management and Others) and major geographies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Situation Awareness Systems (SAS) market throughout the predicted period.
The competition is expected to become even more intense in the years to come due to the entry of several new players in the market. To help clients improve their revenue shares in the market, this research study provides an in-depth analysis of the markets competitive landscape and offers information on the products offered by various leading companies. Additionally, this Situation Awareness Systems (SAS) market report suggests strategies that Manufacturers can follow and highlights key areas they should focus on, in order to take maximum benefits of growth opportunities.
The report offers several leading Manufacturers, some of them are Honeywell International Inc. (United States), Rockwell Collins, Inc. (United States), BAE Systems, Inc. (United Kingdom), Lockheed Martin Corporation (United States), General Electric (United States), Denso Corporation (Japan), D3 Security Management Systems, Inc. (Canada), L3 Harris Technologies Inc. (United States), Robert Bosch (Germany) and General Dynamics (United States).
Market Overview:
On October 14, 2018, military communication providers Harris Corp and L3 Technologies Inc. have announced that they had entered into a definitive agreement to complete an all-stock merger, thus creating the 6th largest contractor in the United States.
Situation Awareness Systems (SAS) market companies operating in these industries are focusing more on efficient growth, improvement of operational efficiency and productivity, achieving high safety standards, and focusing on maintaining sustainable development. The market is highly competitive with a few players occupying the major share. The key players are highly focused on developing and innovating new strategies to maintain their market position and customer base. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launches, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
Influencing Trend:
As the system is based on the Android platform it provides flexible deployment options from commonly available devices such as tablets and mobile devices.
Market Growth Drivers:
Proliferating Applications across Diverse Industry Verticals, Mostly in Aerospace, Military & Defense, and Marine Securities and High Demand For Security and Surveillance Systems for Timely Detection of Problems
Challenges:
Success in Bringing Together New Technological Systems with Legacy Systems, Integration of System in an Open Architecture Approach and Intense Competition among Industry Players
Restraints:
High Costs Associated With the Implementation of Safety and Security Systems and Lack of Highly-Skilled Professionals for Operating Situation Awareness Systems
Opportunities:
Growth of Internet of Things (IoT) Technology Along With Rising in Application of Sensors and Advancements in Technology to Produce Systems that Need Minimal Implementation
Key highlights of the Global Situation Awareness Systems (SAS) market Study:
CAGR of the market during the forecast period 2022-2028
In-depth information on growth factors that will accelerate the Situation Awareness Systems (SAS) market in next few years.
Detailed Insights on futuristic trends and changing consumer behavior
Forecast of the Global Situation Awareness Systems (SAS) market size and its contribution to the parent market by type, application and by country.
A broad view of customer demand
Uncover markets competitive landscape and in-depth information on various Manufacturers
Comprehensive information about factors that will challenge the growth of Situation Awareness Systems (SAS) Manufacturers
Transformation and Important Triggers:
Business transformation has taken hold across the broad corporate landscape due to the confluence of several important triggers, including:
A tipping point in globalization
A major slowdown in Western economies
Significant shifts in technology and cost structure
The challenges of regulatory compliance
New forms of competition developing
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Situation Awareness Systems (SAS) market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, and SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Situation Awareness Systems (SAS) market.
In order to make a priority list sorting is done based on revenue generated based on the latest reporting, using paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment> by targeting key target audience that includes Situation Awareness Systems Manufacturers, Technical Developer, IT and Software Firms, Aerospace and Military Organizations, Government & Research Organizations, Distributors/Exporters/Importers, End-Use Industries and Others.
This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases, etc.