SBAS systems are geosynchronous satellite systems that provide services for improving the accuracy, integrity and availability of basic SBAS signals.
Scope of the Report:
SBAS assist existing global navigation satellite systems (GNSS) by improving their performance and compensating their drawbacks. They provide accuracy, integrity, reliability, and availability. Higher performance of GNSS assures aircrafts better flight navigation, furthering utmost travel safety. Due to this, SBAS are classified as primary navigation equipment, thus propelling the market. Many countries have launched their own SBAS to increase aviation-safety.
Over the past few years, Satellite Based Augmentation Systems have evolved rapidly. Evidently, the prominent players (mentioned above) are their driving force and bring about technological innovations to enhance their performance.
Accrediting the seminal work of key vendors and market traction, SBAS display multiple prospects worldwide. ‘Market Research Future’ recently published a report, according to which the global satellite based augmentation systems market is estimated to ascend enormously by 2023, recording a CAGR of 5% during 2018 to 2023.
The increase in airport development and modernization projects is the key driver for the growth of this market. The recent growth in air traffic, both passenger, and cargo has resulted in the expansion and modernization of existing airports. The expansion and modernization of existing airports are expected to bolster the demand for an effective satellite-based augmentation system, which will aid in managing traffic and aircraft movement.
Other driving factors of the SBAS industry are higher demand for efficient systems to improve aviation security coupled with expansion across airports and ATC infrastructure. Simultaneously, renovation of airports worldwide along with the bootstrapping of systems has escorted the SBAS market in ascending further. Governmental initiatives & investments also foster market growth.
Satellite based augmentation systems also widen the scope of GNSS in geodetic engineering, precision farming, and on road vehicle fleet management. This extended area of application provides impetus to the demand for SBAS, raising the market size.
Upcoming trends such as the growing implementation of satellite-based navigation system are rapidly gaining popularity as they help to shorten the route taken by aircrafts. A satellite-based navigation system uses GPS technology to shorten routes and allows aircrafts to fly closer together with greater safety margins. Advantages like high fuel savings, fewer traffic delays, and its ability to reduce the flight time are envisaged to result in its augmented adoption during the forecast period.
The global Satellite Based Augmentation Systems (SBAS) market is valued at 480 million USD in 2018 and is expected to reach 650 million USD by the end of 2024, growing at a CAGR of 5.0% between 2019 and 2024.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Satellite Based Augmentation Systems (SBAS).
Europe also play important roles in global market, with market size of xx million USD in 2019 and will be xx million USD in 2024, with a CAGR of xx%.
This report studies the Satellite Based Augmentation Systems (SBAS) market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Satellite Based Augmentation Systems (SBAS) market by product type and applications/end industries.
Market Segment by Companies, this report covers
Raytheon Company
Mitsubishi
Thales
Airbus
SES
Space Systems Loral
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
WAAS
EGNOS
MSAS
GAGAN
SDCM
Others
Market Segment by Applications, can be divided into
Aviation
Maritime
Road & Rail
Others
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
1 Satellite Based Augmentation Systems (SBAS) Market Overview
1.1 Product Overview and Scope of Satellite Based Augmentation Systems (SBAS)
1.2 Classification of Satellite Based Augmentation Systems (SBAS) by Types
1.2.1 Global Satellite Based Augmentation Systems (SBAS) Revenue Comparison by Types (2019-2024)
1.2.2 Global Satellite Based Augmentation Systems (SBAS) Revenue Market Share by Types in 2018
1.2.3 WAAS
1.2.4 EGNOS
1.2.5 MSAS
1.2.6 GAGAN
1.2.7 SDCM
1.2.8 Others
1.3 Global Satellite Based Augmentation Systems (SBAS) Market by Application
1.3.1 Global Satellite Based Augmentation Systems (SBAS) Market Size and Market Share Comparison by Applications (2014-2024)
1.3.2 Aviation
1.3.3 Maritime
1.3.4 Road & Rail
1.3.5 Others
1.4 Global Satellite Based Augmentation Systems (SBAS) Market by Regions
1.4.1 Global Satellite Based Augmentation Systems (SBAS) Market Size (Million USD) Comparison by Regions (2014-2024)
1.4.1 North America (USA, Canada and Mexico) Satellite Based Augmentation Systems (SBAS) Status and Prospect (2014-2024)
1.4.2 Europe (Germany, France, UK, Russia and Italy) Satellite Based Augmentation Systems (SBAS) Status and Prospect (2014-2024)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia) Satellite Based Augmentation Systems (SBAS) Status and Prospect (2014-2024)
1.4.4 South America (Brazil, Argentina, Colombia) Satellite Based Augmentation Systems (SBAS) Status and Prospect (2014-2024)
1.4.5 Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa) Satellite Based Augmentation Systems (SBAS) Status and Prospect (2014-2024)
1.5 Global Market Size of Satellite Based Augmentation Systems (SBAS) (2014-2024)
2 Manufacturers Profiles
2.1 Raytheon Company
2.1.1 Business Overview
2.1.2 Satellite Based Augmentation Systems (SBAS) Type and Applications
2.1.2.1 Product A
2.1.2.2 Product B
2.1.3 Raytheon Company Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2018)
2.2 Mitsubishi
2.2.1 Business Overview
2.2.2 Satellite Based Augmentation Systems (SBAS) Type and Applications
2.2.2.1 Product A
2.2.2.2 Product B
2.2.3 Mitsubishi Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2018)
2.3 Thales
2.3.1 Business Overview
2.3.2 Satellite Based Augmentation Systems (SBAS) Type and Applications
2.3.2.1 Product A
2.3.2.2 Product B
2.3.3 Thales Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2018)
2.4 Airbus
2.4.1 Business Overview
2.4.2 Satellite Based Augmentation Systems (SBAS) Type and Applications
2.4.2.1 Product A
2.4.2.2 Product B
2.4.3 Airbus Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2018)
2.5 SES
2.5.1 Business Overview
2.5.2 Satellite Based Augmentation Systems (SBAS) Type and Applications
2.5.2.1 Product A
2.5.2.2 Product B
2.5.3 SES Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2018)
2.6 Space Systems Loral
2.6.1 Business Overview
2.6.2 Satellite Based Augmentation Systems (SBAS) Type and Applications
2.6.2.1 Product A
2.6.2.2 Product B
2.6.3 Space Systems Loral Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2018)
3 Global Satellite Based Augmentation Systems (SBAS) Market Competition, by Players
3.1 Global Satellite Based Augmentation Systems (SBAS) Revenue and Share by Players (2014-2019)
3.2 Market Concentration Rate
3.2.1 Top 5 Satellite Based Augmentation Systems (SBAS) Players Market Share
3.2.2 Top 10 Satellite Based Augmentation Systems (SBAS) Players Market Share
3.3 Market Competition Trend
4 Global Satellite Based Augmentation Systems (SBAS) Market Size by Regions
4.1 Global Satellite Based Augmentation Systems (SBAS) Revenue and Market Share by Regions
4.2 North America Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
4.3 Europe Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
4.4 Asia-Pacific Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
4.5 South America Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
4.6 Middle East and Africa Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
5 North America Satellite Based Augmentation Systems (SBAS) Revenue by Countries
5.1 North America Satellite Based Augmentation Systems (SBAS) Revenue by Countries (2014-2019)
5.2 USA Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
5.3 Canada Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
5.4 Mexico Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
6 Europe Satellite Based Augmentation Systems (SBAS) Revenue by Countries
6.1 Europe Satellite Based Augmentation Systems (SBAS) Revenue by Countries (2014-2019)
6.2 Germany Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
6.3 UK Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
6.4 France Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
6.5 Russia Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
6.6 Italy Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
7 Asia-Pacific Satellite Based Augmentation Systems (SBAS) Revenue by Countries
7.1 Asia-Pacific Satellite Based Augmentation Systems (SBAS) Revenue by Countries (2014-2019)
7.2 China Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
7.3 Japan Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
7.4 Korea Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
7.5 India Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
7.6 Southeast Asia Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
8 South America Satellite Based Augmentation Systems (SBAS) Revenue by Countries
8.1 South America Satellite Based Augmentation Systems (SBAS) Revenue by Countries (2014-2019)
8.2 Brazil Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
8.3 Argentina Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
8.4 Colombia Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
9 Middle East and Africa Revenue Satellite Based Augmentation Systems (SBAS) by Countries
9.1 Middle East and Africa Satellite Based Augmentation Systems (SBAS) Revenue by Countries (2014-2019)
9.2 Saudi Arabia Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
9.3 UAE Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
9.4 Egypt Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
9.5 Nigeria Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
9.6 South Africa Satellite Based Augmentation Systems (SBAS) Revenue and Growth Rate (2014-2019)
10 Global Satellite Based Augmentation Systems (SBAS) Market Segment by Type
10.1 Global Satellite Based Augmentation Systems (SBAS) Revenue and Market Share by Type (2014-2019)
10.2 Global Satellite Based Augmentation Systems (SBAS) Market Forecast by Type (2019-2024)
10.3 WAAS Revenue Growth Rate (2014-2024)
10.4 EGNOS Revenue Growth Rate (2014-2024)
10.5 MSAS Revenue Growth Rate (2014-2024)
10.6 GAGAN Revenue Growth Rate (2014-2024)
10.7 SDCM Revenue Growth Rate (2014-2024)
10.8 Others Revenue Growth Rate (2014-2024)
11 Global Satellite Based Augmentation Systems (SBAS) Market Segment by Application
11.1 Global Satellite Based Augmentation Systems (SBAS) Revenue Market Share by Application (2014-2019)
11.2 Satellite Based Augmentation Systems (SBAS) Market Forecast by Application (2019-2024)
11.3 Aviation Revenue Growth (2014-2019)
11.4 Maritime Revenue Growth (2014-2019)
11.5 Road & Rail Revenue Growth (2014-2019)
11.6 Others Revenue Growth (2014-2019)
12 Global Satellite Based Augmentation Systems (SBAS) Market Size Forecast (2019-2024)
12.1 Global Satellite Based Augmentation Systems (SBAS) Market Size Forecast (2019-2024)
12.2 Global Satellite Based Augmentation Systems (SBAS) Market Forecast by Regions (2019-2024)
12.3 North America Satellite Based Augmentation Systems (SBAS) Revenue Market Forecast (2019-2024)
12.4 Europe Satellite Based Augmentation Systems (SBAS) Revenue Market Forecast (2019-2024)
12.5 Asia-Pacific Satellite Based Augmentation Systems (SBAS) Revenue Market Forecast (2019-2024)
12.6 South America Satellite Based Augmentation Systems (SBAS) Revenue Market Forecast (2019-2024)
12.7 Middle East and Africa Satellite Based Augmentation Systems (SBAS) Revenue Market Forecast (2019-2024)
13 Research Findings and Conclusion
14 Appendix
14.1 Methodology
14.2 Data Source
List of Tables and Figures
Figure Satellite Based Augmentation Systems (SBAS) Picture
Table Product Specifications of Satellite Based Augmentation Systems (SBAS)
Table Global Satellite Based Augmenta