Report Detail
Global Satellite Based Augmentation Systems (SBAS) Market Growth (Status and Outlook) 2019-2024
- RnM2906564 |
- 08 February, 2019 |
- Global |
- 118 Pages |
- LPI(LP Information) |
- Internet & Communication
SBAS systems are geosynchronous satellite systems that provide services for improving the accuracy, integrity and availability of basic SBAS signals.
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.
According to this study, over the next five years the Satellite Based Augmentation Systems (SBAS) market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 650 million by 2024, from US$ 480 million in 2019. In particular, this report presents the global revenue market share of key companies in Satellite Based Augmentation Systems (SBAS) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Satellite Based Augmentation Systems (SBAS) market by product type, application, key companies and key regions.
This study considers the Satellite Based Augmentation Systems (SBAS) value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
WAAS
EGNOS
GAGAN
SDCM
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
Aviation
Maritime
Road & Rail
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Raytheon Company
Mitsubishi
Thales
Airbus
SES
Space Systems Loral
...
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Satellite Based Augmentation Systems (SBAS) market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Satellite Based Augmentation Systems (SBAS) market by identifying its various subsegments.
Focuses on the key global Satellite Based Augmentation Systems (SBAS) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Satellite Based Augmentation Systems (SBAS) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Satellite Based Augmentation Systems (SBAS) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Satellite Based Augmentation Systems (SBAS) Market Report (Status and Outlook)
1 Scope of the Report
- 1.1 Market Introduction
- 1.2 Research Objectives
- 1.3 Years Considered
- 1.4 Market Research Methodology
- 1.5 Economic Indicators
- 1.6 Currency Considered
2 Executive Summary
- 2.1 World Market Overview
- 2.1.1 Global Satellite Based Augmentation Systems (SBAS) Market Size 2014-2024
- 2.1.2 Satellite Based Augmentation Systems (SBAS) Market Size CAGR by Region
- 2.2 Satellite Based Augmentation Systems (SBAS) Segment by Type
- 2.2.1 WAAS
- 2.2.2 EGNOS
- 2.2.3 MSAS
- 2.2.4 GAGAN
- 2.2.5 SDCM
- 2.2.6 Others
- 2.3 Satellite Based Augmentation Systems (SBAS) Market Size by Type
- 2.3.1 Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2014-2019)
- 2.3.2 Global Satellite Based Augmentation Systems (SBAS) Market Size Growth Rate by Type (2014-2019)
- 2.4 Satellite Based Augmentation Systems (SBAS) Segment by Application
- 2.4.1 Aviation
- 2.4.2 Maritime
- 2.4.3 Road & Rail
- 2.4.4 Others
- 2.5 Satellite Based Augmentation Systems (SBAS) Market Size by Application
- 2.5.1 Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2014-2019)
- 2.5.2 Global Satellite Based Augmentation Systems (SBAS) Market Size Growth Rate by Application (2014-2019)
3 Global Satellite Based Augmentation Systems (SBAS) by Players
- 3.1 Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Players
- 3.1.1 Global Satellite Based Augmentation Systems (SBAS) Market Size by Players (2017-2019)
- 3.1.2 Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Players (2017-2019)
- 3.2 Global Satellite Based Augmentation Systems (SBAS) Key Players Head office and Products Offered
- 3.3 Market Concentration Rate Analysis
- 3.3.1 Competition Landscape Analysis
- 3.3.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
- 3.4 New Products and Potential Entrants
- 3.5 Mergers & Acquisitions, Expansion
4 Satellite Based Augmentation Systems (SBAS) by Regions
- 4.1 Satellite Based Augmentation Systems (SBAS) Market Size by Regions
- 4.2 Americas Satellite Based Augmentation Systems (SBAS) Market Size Growth
- 4.3 APAC Satellite Based Augmentation Systems (SBAS) Market Size Growth
- 4.4 Europe Satellite Based Augmentation Systems (SBAS) Market Size Growth
- 4.5 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size Growth
5 Americas
- 5.1 Americas Satellite Based Augmentation Systems (SBAS) Market Size by Countries
- 5.2 Americas Satellite Based Augmentation Systems (SBAS) Market Size by Type
- 5.3 Americas Satellite Based Augmentation Systems (SBAS) Market Size by Application
- 5.4 United States
- 5.5 Canada
- 5.6 Mexico
- 5.7 Key Economic Indicators of Few Americas Countries
6 APAC
- 6.1 APAC Satellite Based Augmentation Systems (SBAS) Market Size by Countries
- 6.2 APAC Satellite Based Augmentation Systems (SBAS) Market Size by Type
- 6.3 APAC Satellite Based Augmentation Systems (SBAS) Market Size by Application
- 6.4 China
- 6.5 Japan
- 6.6 Korea
- 6.7 Southeast Asia
- 6.8 India
- 6.9 Australia
- 6.10 Key Economic Indicators of Few APAC Countries
7 Europe
- 7.1 Europe Satellite Based Augmentation Systems (SBAS) by Countries
- 7.2 Europe Satellite Based Augmentation Systems (SBAS) Market Size by Type
- 7.3 Europe Satellite Based Augmentation Systems (SBAS) Market Size by Application
- 7.4 Germany
- 7.5 France
- 7.6 UK
- 7.7 Italy
- 7.8 Russia
- 7.9 Spain
- 7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
- 8.1 Middle East & Africa Satellite Based Augmentation Systems (SBAS) by Countries
- 8.2 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size by Type
- 8.3 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size by Application
- 8.4 Egypt
- 8.5 South Africa
- 8.6 Israel
- 8.7 Turkey
- 8.8 GCC Countries
9 Market Drivers, Challenges and Trends
- 9.1 Market Drivers and Impact
- 9.1.1 Growing Demand from Key Regions
- 9.1.2 Growing Demand from Key Applications and Potential Industries
- 9.2 Market Challenges and Impact
- 9.3 Market Trends
10 Global Satellite Based Augmentation Systems (SBAS) Market Forecast
- 10.1 Global Satellite Based Augmentation Systems (SBAS) Market Size Forecast (2019-2024)
- 10.2 Global Satellite Based Augmentation Systems (SBAS) Forecast by Regions
- 10.2.1 Global Satellite Based Augmentation Systems (SBAS) Forecast by Regions (2019-2024)
- 10.2.2 Americas Market Forecast
- 10.2.3 APAC Market Forecast
- 10.2.4 Europe Market Forecast
- 10.2.5 Middle East & Africa Market Forecast
- 10.3 Americas Forecast by Countries
- 10.3.1 United States Market Forecast
- 10.3.2 Canada Market Forecast
- 10.3.3 Mexico Market Forecast
- 10.3.4 Brazil Market Forecast
- 10.4 APAC Forecast by Countries
- 10.4.1 China Market Forecast
- 10.4.2 Japan Market Forecast
- 10.4.3 Korea Market Forecast
- 10.4.4 Southeast Asia Market Forecast
- 10.4.5 India Market Forecast
- 10.4.6 Australia Market Forecast
- 10.5 Europe Forecast by Countries
- 10.5.1 Germany Market Forecast
- 10.5.2 France Market Forecast
- 10.5.3 UK Market Forecast
- 10.5.4 Italy Market Forecast
- 10.5.5 Russia Market Forecast
- 10.5.6 Spain Market Forecast
- 10.6 Middle East & Africa Forecast by Countries
- 10.6.1 Egypt Market Forecast
- 10.6.2 South Africa Market Forecast
- 10.6.3 Israel Market Forecast
- 10.6.4 Turkey Market Forecast
- 10.6.5 GCC Countries Market Forecast
- 10.7 Global Satellite Based Augmentation Systems (SBAS) Forecast by Type
- 10.8 Global Satellite Based Augmentation Systems (SBAS) Forecast by Application
11 Key Players Analysis
- 11.1 Raytheon Company
- 11.1.1 Company Details
- 11.1.2 Satellite Based Augmentation Systems (SBAS) Product Offered
- 11.1.3 Raytheon Company Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2019)
- 11.1.4 Main Business Overview
- 11.1.5 Raytheon Company News
- 11.2 Mitsubishi
- 11.2.1 Company Details
- 11.2.2 Satellite Based Augmentation Systems (SBAS) Product Offered
- 11.2.3 Mitsubishi Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2019)
- 11.2.4 Main Business Overview
- 11.2.5 Mitsubishi News
- 11.3 Thales
- 11.3.1 Company Details
- 11.3.2 Satellite Based Augmentation Systems (SBAS) Product Offered
- 11.3.3 Thales Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2019)
- 11.3.4 Main Business Overview
- 11.3.5 Thales News
- 11.4 Airbus
- 11.4.1 Company Details
- 11.4.2 Satellite Based Augmentation Systems (SBAS) Product Offered
- 11.4.3 Airbus Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2019)
- 11.4.4 Main Business Overview
- 11.4.5 Airbus News
- 11.5 SES
- 11.5.1 Company Details
- 11.5.2 Satellite Based Augmentation Systems (SBAS) Product Offered
- 11.5.3 SES Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2019)
- 11.5.4 Main Business Overview
- 11.5.5 SES News
- 11.6 Space Systems Loral
- 11.6.1 Company Details
- 11.6.2 Satellite Based Augmentation Systems (SBAS) Product Offered
- 11.6.3 Space Systems Loral Satellite Based Augmentation Systems (SBAS) Revenue, Gross Margin and Market Share (2017-2019)
- 11.6.4 Main Business Overview
- 11.6.5 Space Systems Loral News
...
12 Research Findings and Conclusion
Summary:
Get latest Market Research Reports on Satellite Based Augmentation Systems (SBAS) . Industry analysis & Market Report on Satellite Based Augmentation Systems (SBAS) is a syndicated market report, published as Global Satellite Based Augmentation Systems (SBAS) Market Growth (Status and Outlook) 2019-2024. It is complete Research Study and Industry Analysis of Satellite Based Augmentation Systems (SBAS) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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