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News  ›  GlobeNewswire Inc.

Space Traffic Management Markets, 2020-2025, 2025-2030F, 2035F - Increased Adoption of Advanced Lidar and Optical Sensors for Space Traffic Monitoring

GlobeNewswire Inc. Logo GlobeNewswire Inc. • •By Researchandmarkets.Com
Space Traffic Management Markets, 2020-2025, 2025-2030F, 2035F - Increased Adoption of Advanced Lidar and Optical Sensors for Space Traffic Monitoring

The space traffic management market is experiencing rapid growth, rising from $17.66 billion in 2025 to $19.39 billion in 2026 with a projected CAGR of 10.1% through 2030. Growth is driven by increased satellite deployments, rising space debris threats, demand for collision-risk assessment services, and commercialization of management services for private operators. Advanced lidar and optical sensors, AI-driven collision avoidance tools, and regulatory framework development are key market drivers.

Insights
GOOGL   positive

Buffett bought 17.8 million shares for a $4.3 billion investment, representing a significant new position

LHX   positive

Identified as a key market player positioned to benefit from the 10.1% CAGR growth in space traffic management services and technologies.

Keywords
#space traffic management #satellite monitoring #space debris #collision avoidance #lidar sensors #orbital congestion #space situational awareness #autonomous systems

Tickers
LHX BA BApA LMT
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