Allied Market Research

Situation Awareness System Market Segmentation and Major Players Analysis and Forecast to 2022

Situation Awareness Systems Market (SAS) Market is expected to garner $32.6 billion by 2022, registering a CAGR of 8.2% during the forecast period 2016-2022.


Portland, OR -- (SBWIRE) -- 06/26/2017 -- Allied Market Research has published an outline of the Situation Awareness System (SAS) market. The scope of the report consists of various sections mentioned, such as command & control, RFID, radar, SONAR, military & defense, oil & gas, and cyber security. This report focuses on the global industry analysis, comprehensive study, growth, and forecast period from 2015–2022. The report also includes various factors, restraints, opportunities, and challenges. The study deals with the information related to the surrounding & remote environment to facilitate surveillance as well as security. The military and aerospace industries are assisted for threat identification, strategy planning, risk analysis, and course-of-action development with the help of this system.

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The global situation awareness system (SAS) is subdivided into North America, Europe, Asia Pacific, and LAMEA. Different key players are also characterized in the report. In order to serve the demand of end users, market players are developing technologically advanced situation awareness systems. The focal points of the report are the graphs, charts, and figures that are mentioned for the better understanding of growth rate and market attractiveness.

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One of the key factor that is propelling in market growth is the tremendous increase in the applications of SAS in military & defense and cyber security technology. The growing terrorism, and high incidents of natural disasters, especially in Asia-Pacific, has made public safety and security market significant in such a way that SAS is expected to grow rapidly in the upcoming years. The substantial investments in military & defense sectors for SAS to combat various complications will lead to several growth opportunities in the market.

Key Highlights of the Situation Awareness Systems Market Report:

The world situation awareness system market was dominated by industry vertical, military & defense in 2015.

RFID has the highest growth potential among the product types and is expected to grow at the fastest CAGR during the forecast period, owing to its increased application across industries such as automotive, marine security and healthcare.

North America would be the dominant geography in the situation awareness systems (SAS) market throughout the forecast period (2016-2022), owing to the widespread adoption of SAS solutions across different industries for improved security.

The report provides a competitive analysis and includes the profiles of prominent market players, such as Honeywell International Inc, Microsoft Corporation, Harris Corporation, Lockheed Martin Corporation. c., Rockwell Collins, Inc., BAE Systems, Denso Corporation, and D3 Security Management Systems, Inc.

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Companies would get to know about the factors that boost the popularity of SAS and highlights on the increasing number of illegal activities and providing security for the same. This report emphasizes on the public safety and security solutions against threats, such as terrorist attacks, drug trafficking, and illegal immigrations. A suitable overview to create awareness and potential opportunities are the focus of this report.