Situational Awareness Market Size, Share, Top Factors, and Rapid Growth

The Situational awareness market report size is projected to grow from USD 17.2 billion in 2020 to USD 21.8 billion by 2025, recording a CAGR of 4.9% between 2020 and 2025.

Increasing demand for situational awareness solutions in aviation and military, use of mobility solutions transforming military tactical operations, and growing importance of situational awareness in cybersecurity to provide significant situational awareness are the major factors driving the growth of the situational awareness system market.

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General Electric (US), Lockheed Martin (US), Honeywell (US), DENSO (Japan), BAE Systems (UK), UTC (US), Microsoft (US), Barco (Belgium), AMD (US), L3Harris Technologies (US), General Dynamics (US), Xilinx (US), Qualcomm (US), Robert Bosch (Germany), Pleora Technologies (Canada), Nexvision (France), Bertin Instruments (France), Axis Communications (Sweden), Johnson Controls (Ireland), Boeing (US), Airbus (France), and Sensara (US) are some of the key players in the market.

General Electric (US) −
The company is a technology and financial services company involved in the development and manufacture of products that are used in the generation, transmission, distribution, control, and utilization of electricity. The company operates in Power, Renewable Energy, Oil & Gas, Aviation, Healthcare, Transportation, Capital, and Lighting segments.
Lockheed Martin Corp (US) −The company is a security and aerospace company. It is principally engaged in the research, design, development, manufacture, integration, and sustainment of advanced technology systems, products, and services. It also provides a broad range of management, engineering, technical, scientific, logistics, and information services. The company’s products and services have applications in the defense, civil, and commercial sectors.

Honeywell (US) −
The Company offers automation and control solutions; aerospace products and services; control, sensing, and security technologies for buildings; turbochargers; automotive products; specialty chemicals; electronic & advanced materials; process technology for refining and petrochemicals; and energy-efficient products and solutions for homes. The company operates in various business segments: Aerospace, Performance Materials and Technologies, Honeywell Building Solutions, and Safety and Productivity Solutions. Through the Honeywell Building Solutions segment, the company offers software, solutions, and technologies for homes and industries. Honeywell provides situational awareness products, solutions, and services such as continuous monitoring and alerting, compliance and reporting, security information and event management, security awareness training, and managed services.

Denso (Japan) −
The Company is a Japan-based automotive manufacturer that specializes in automotive electronics, electrification, thermal, and powertrain technologies. The company operates through six business segments—Thermal Systems, Powertrain Systems, Electronic Systems, Electrification Systems, Mobility Systems, and Non-Automotive Business. DENSO's interactive cockpit uses active safety "sensing" and vehicle-to-vehicle and vehicle-to-infrastructure (V2X) communication technologies that provide the vehicles a 360-degree situational awareness of the roads and help drivers and occupants to gain information about traffic congestion and avoid a potential collision with another vehicles or pedestrians.