Satellite Based Augmentation Systems Market Size, Status and Forecast 2019-2025
The Satellite Based Augmentation System (SBAS) is designed to enhance the performance of standard global navigation satellite (GPS) system positioning. In addition to that, SBAS provides high accuracy, measures pseudo-ranges, and bolsters the aircraft safety. It supports vertically-guided instrument and air traffic handling.
The Asia Pacific region is expected to dominate the market in future due to high demand for civil aviation in countries, such as India and Japan. The market in the North America region is second to the Asia-Pacific due to growing investments in airport infrastructure.
Thus, the global satellite based augmentation system market is estimated to witness approximately 5.6% CAGR during the period of 2017-2023.
In 2018, the global Satellite Based Augmentation Systems market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
This report focuses on the global Satellite Based Augmentation Systems status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Satellite Based Augmentation Systems development in United States, Europe and China.
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The key players covered in this study
- Garmin International Inc. (U.S.)
- Raytheon (U.S.)
- Rockwell Collins (U.S.)
- Thales Group (France)
- Universal Avionics (U.S.)
- Advanced Navigation and Positioning Corporation (U.S.)
- Copperchase Ltd. (U.K.)
- Intelcan Techno systems (Canada)
- Honeywell International (U.S.)
- Lockheed Martin (U.S.)
- Northrop Grumman (U.S.)
- Saab AB (Sweden)
Market segment by Type, the product can be split into
- SATCOM
- Radar
- Electric Optic/ Infrared
Market segment by Application, split into
- GPS
- Communication
- Others
Reasons for Buying this Report
- This report provides pin-point analysis for changing competitive dynamics
- It provides a forward looking perspective on different factors driving or restraining market growth
- It provides a six-year forecast assessed on the basis of how the market is predicted to grow
- It helps in understanding the key product segments and their future
- It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
- It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
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