Satellite-Based Augmentation Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Satellite-Based Augmentation Systems Market covers analysis By Aircraft Type (Fixed-Wing, Rotary Wing); Application (Military Aircraft, Commercial Aircraft, General Aviation Aircraft) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00019907
  • Category : Electronics and Semiconductor
  • No. of Pages : 150
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Satellite-Based Augmentation Systems Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION

The Satellite Augmentation System (SBAS) is a civil aviation safety-critical system that promotes wide-area or regional increase - even on a continental scale - through the use of geostationary (GEO) satellites that broadcast increased information. A SBAS will increase the primary GSP constellation(s) by providing GEO range, integrity and correction information. While the main objective of SBAS is to provide integrity assurance, it also increases accuracy with position errors below 1 meter (1 sigma). The ground infrastructure includes precisely-surveyed sensor stations that receive data from the primary ESA satellites and the Processing Facility Center that computes integrity, corrections and GEO data from the SBAS signal-in-space system (SIS). The augmented information provided by SBAS includes corrections and integrity for satellite position errors, satellite clock/time errors and errors caused by estimating the delay of the signal while crossing the ionosphere. In the case of errors caused by estimating the delay caused by the troposphere and its integrity, the user shall apply the tropospheric delay model. More advancement in SBAS is expected to drive the market during forecast period.

MARKET DYNAMICS

The increasing development of the ATC infrastructure and the increasing need for authentic and accurate information to avoid errors by the aviation authorities driving the global satellite-based augmentation systems market during forecast period. In addition, the various unique advantages of satellite-based augmentation systems, such as accuracy of location data relative to standard GPS and high level of integrity make it another important factor expected to boost the global satellite-based augmentation systems market. Further, growing air passenger traffic and increasing investment by developing economies such as China and India in developing and modernizing airport infrastructure is also expected to escalate the market. However, high initial investment, stringent aviation regulations, and cost associated with Air Traffic Management (ATM) infrastructure modernization may restrain the growth of the satellite-based augmentation systems market. Further, integration with advanced technology such as AI is anticipated to create market opportunities for the satellite-based augmentation systems market during the forecast period.

MARKET SCOPE

The "Global Satellite-based augmentation systems Market Analysis to 2028" is a specialized and in-depth study of the satellite-based augmentation systems market with a special focus on the global market trend analysis. The report aims to provide an overview of satellite-based augmentation systems market with detailed market segmentation by aircraft type, application, and geography. The global satellite-based augmentation systems market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading satellite-based augmentation systems market players and offers key trends and opportunities in the satellite-based augmentation systems market.

MARKET SEGMENTATION

The global satellite-based augmentation systems market is segmented on the basis of aircraft type and application. On the basis of aircraft type, market is segmented into the fixed-wing and rotary wing. Similarly, based on application, market is segmented into the military aircraft, commercial aircraft, and general aviation aircraft.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global satellite-based augmentation systems market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The satellite-based augmentation systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting satellite-based augmentation systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the satellite-based augmentation systems market in these regions.

Satellite-Based Augmentation Systems Market Report Analysis

Satellite-Based Augmentation Systems Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • Advanced Navigation and Positioning Corporation
  • Garmin Ltd.
  • GMV GROUP
  • Honeywell International Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Technologies
  • Saab AB
  • Thales Group

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Aircraft Type
  • Fixed-Wing
  • Rotary Wing
By Application
  • Military Aircraft
  • Commercial Aircraft
  • General Aviation Aircraft
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS


The reports cover key developments in the satellite-based augmentation systems market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from satellite-based augmentation systems market are anticipated to lucrative growth opportunities in the future with the rising demand for satellite-based augmentation systems. Below mentioned is the list of few companies engaged in the satellite-based augmentation systems market.

The report also includes the profiles of key satellite-based augmentation systems market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

  •   Advanced Navigation and Positioning Corporation
  •   Garmin Ltd.
  •   GMV GROUP
  •   Honeywell International Inc.
  •   Lockheed Martin Corporation
  •   Northrop Grumman Corporation
  •   Raytheon Technologies
  •   Saab AB
  •   Thales Group
  •   Universal Avionics Systems Corporation, an Elbit Systems Company


The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Satellite-Based Augmentation Systems Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Aircraft Type
  • Fixed-Wing
  • Rotary Wing
By Application
  • Military Aircraft
  • Commercial Aircraft
  • General Aviation Aircraft
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Advanced Navigation and Positioning Corporation
  • Garmin Ltd.
  • GMV GROUP
  • Honeywell International Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Technologies
  • Saab AB
  • Thales Group
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1. Advanced Navigation and Positioning Corporation
    2. Garmin Ltd.
    3. GMV GROUP
    4. Honeywell International Inc.
    5. Lockheed Martin Corporation
    6. Northrop Grumman Corporation
    7. Raytheon Technologies
    8. Saab AB
    9. Thales Group
    10. Universal Avionics Systems Corporation, an Elbit Systems Company

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