Satellite Based Augmentation Systems Market

SBAS systems are geosynchronous satellite systems that provide services for improving the accuracy, integrity and availability of basic SBAS signals. Accuracy is enhanced through the transmission of wide-area corrections for SBAS range errors. Integrity is enhanced by the SBAS network quickly detecting satellite signal errors and sending alerts to receivers that they should not track the failed satellite. Signal availability can be improved if the SBAS transmits ranging signals from its satellites. SBAS systems include reference stations, master stations, uplink stations and geosynchronous satellites.
Satellite Based Augmentation Systems Market aims to provide a comprehensive presentation of the global market for Satellite Based Augmentation Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Satellite Based Augmentation Systems. Satellite Based Augmentation Systems Market contains market size and forecasts of Satellite Based Augmentation Systems in global, including the following market information:
Global Satellite Based Augmentation Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Satellite Based Augmentation Systems market was valued at US$ 606.1 million in 2022 and is projected to reach US$ 835.3 million by 2029, at a CAGR of 4.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Satellite Based Augmentation Systems (SBAS) key players include Thales, Raytheon Company, Mitsubishi, Airbus, SES, etc. Global top five manufacturers hold a share about 80%. Europe is the largest market, with a share about 35%, followed by North America, with a share about 25 percent. In terms of product, WAAS is the largest segment, with a share about 30%. And in terms of application, the largest application is Aviation, followed by Maritime, Road & Rail, etc.
We surveyed the Satellite Based Augmentation Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Satellite Based Augmentation Systems Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Satellite Based Augmentation Systems Market Segment Percentages, by Type, 2022 (%)
SATCOM
Radar
Electric Optic/ Infrared
Global Satellite Based Augmentation Systems Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Satellite Based Augmentation Systems Market Segment Percentages, by Application, 2022 (%)
GPS
Communication
Others
Global Satellite Based Augmentation Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Satellite Based Augmentation Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Satellite Based Augmentation Systems revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Satellite Based Augmentation Systems revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Garmin International Inc. (US)
Raytheon (US)
Rockwell Collins (US)
Thales Group (France)
Universal Avionics (US)
Advanced Navigation and Positioning Corporation (US)
Copperchase Ltd. (U.K.)
Intelcan Techno systems (Canada)
Honeywell International (US)
Lockheed Martin (US)
Northrop Grumman (US)
Saab AB (Sweden)
Outline of Major Chapters:
Chapter 1: Introduces the definition of Satellite Based Augmentation Systems, market overview.
Chapter 2: Global Satellite Based Augmentation Systems market size in revenue.
Chapter 3: Detailed analysis of Satellite Based Augmentation Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Satellite Based Augmentation Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.