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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1300800
PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1300800
Global Satellite Based Augmentation Systems Market Size study & Forecast, by Type, by Application and Regional Analysis, 2023-2030
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Global Satellite Based Augmentation Systems (SBAS) Market is valued approximately USD 559.1 million in 2022 and is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2023-2030. Satellite-Based Augmentation Systems (SBAS) are regional or wide-area augmentation systems that enhance the accuracy, integrity, and availability of Global Navigation Satellite Systems (GNSS) signals, such as GPS (Global Positioning System). SBAS works by deploying a network of ground-based reference stations and geostationary satellites to transmit correction messages to GNSS users. The Satellite Based Augmentation Systems (SBAS) market is expanding because of factors such as rise in adoption of unmanned aerial vehicles (UAVs) and autonomous vehicles and increase in demand for precise positioning and navigation in various industries.
The necessity for precise positioning data has increased with the development of autonomous vehicles, including drones and self-driving cars. This data can be provided by SBAS technology, aiding in the maintenance of these vehicles' dependability and safety. For instance, in February 2021, General Motors announced to collaborate with the start-up business Cruise to test self-driving vehicles in San Francisco. The vehicles are going to feature SBAS technology to deliver precise positioning data, which is necessary for dependable and safe autonomous driving. Furthermore, the European Space Agency has introduced a new SBAS system called EGNOS that will provide precise positioning information to driverless vehicles in Europe. The system is meant to improve navigational accuracy and dependability, especially in areas where GPS signals may be spotty or weak. Thus, rising adoption of SBAS system in automotive industry is fostering market growth. In addition, advancements in satellite technology and increase in investments by governments and private companies in the development of SBAS infrastructure is creating lucrative growth to the market. However, the high cost of implementation and maintenance stifles market growth throughout the forecast period of 2023-2030.
The key regions considered for the Global Satellite Based Augmentation Systems (SBAS) Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to presence of key market players, rising technological advancements, and rising adoption of technology in various industries. Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising adoption of autonomous vehicles and active participation of government in the market space.
Major market players included in this report are:
- Raytheon Technologies Corporation
- Hexagon AB
- Thales Group
- Airbus Group
- Honeywell International Inc.
- SkyTraq Technology, Inc.
- Broadcom
- GMV Innovating Solutions S.L.
- Garmin Ltd.
- Federal Aviation Administration
Recent Developments in the Market:
- In 2020, The US Federal Aviation Administration (FAA) granted Raytheon a contract to create a new SBAS for the Next Generation Air Transportation System (NextGen).
- In 2020, Thales and the European Space Agency (ESA) signed a contract to develop a new generation of SBAS compatible with the Galileo satellite navigation system.
Global Satellite Based Augmentation Systems (SBAS) Market Report Scope:
- Historical Data: 2020 - 2021
- Base Year for Estimation: 2022
- Forecast period: 2023-2030
- Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
- Segments Covered: Type, Application, Region
- Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
- Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
- Wide Area Augmentation System (WAAS)
- European Geostationary Navigation Overlay Service (EGNOS)
- MTSAT Satellite Augmentation System (MSAS)
- GPS Aided GEO Augmented Navigation (GAGAN)
- System for Differential Corrections and Monitoring (SDCM)
By Application:
- Aviation
- Maritime
- Road and Rail
- Others
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Table of Contents
Chapter 1. Executive Summary
- 1.1. Market Snapshot
- 1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Satellite Based Augmentation Systems (SBAS) Market, by Region, 2020-2030 (USD Million)
- 1.2.2. Satellite Based Augmentation Systems (SBAS) Market, by Type, 2020-2030 (USD Million)
- 1.2.3. Satellite Based Augmentation Systems (SBAS) Market, by Application, 2020-2030 (USD Million)
- 1.3. Key Trends
- 1.4. Estimation Methodology
- 1.5. Research Assumption
Chapter 2. Global Satellite Based Augmentation Systems (SBAS) Market Definition and Scope
- 2.1. Objective of the Study
- 2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
- 2.3. Years Considered for the Study
- 2.4. Currency Conversion Rates
Chapter 3. Global Satellite Based Augmentation Systems (SBAS) Market Dynamics
- 3.1. Satellite Based Augmentation Systems (SBAS) Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
- 3.1.1.1. Rise in adoption of unmanned aerial vehicles (UAVs) and autonomous vehicles
- 3.1.1.2. Increase in demand for precise positioning and navigation in various industries
- 3.1.2. Market Challenges
- 3.1.2.1. High cost of implementation and maintenance
- 3.1.3. Market Opportunities
- 3.1.3.1. Advancements in satellite technology
- 3.1.3.2. Increase in investments by governments and private companies in the development of SBAS infrastructure
- 3.1.1. Market Drivers
Chapter 4. Global Satellite Based Augmentation Systems (SBAS) Market Industry Analysis
- 4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.2. Porter's 5 Force Impact Analysis
- 4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
- 4.4. Top investment opportunity
- 4.5. Top winning strategies
- 4.6. COVID-19 Impact Analysis
- 4.7. Disruptive Trends
- 4.8. Industry Expert Perspective
- 4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Satellite Based Augmentation Systems (SBAS) Market, by Type
- 5.1. Market Snapshot
- 5.2. Global Satellite Based Augmentation Systems (SBAS) Market by Type, Performance - Potential Analysis
- 5.3. Global Satellite Based Augmentation Systems (SBAS) Market Estimates & Forecasts by Type 2020-2030 (USD Million)
- 5.4. Satellite Based Augmentation Systems (SBAS) Market, Sub Segment Analysis
- 5.4.1. Wide Area Augmentation System (WAAS)
- 5.4.2. European Geostationary Navigation Overlay Service (EGNOS)
- 5.4.3. MTSAT Satellite Augmentation System (MSAS)
- 5.4.4. GPS Aided GEO Augmented Navigation (GAGAN)
- 5.4.5. System for Differential Corrections and Monitoring (SDCM)
Chapter 6. Global Satellite Based Augmentation Systems (SBAS) Market, by Application
- 6.1. Market Snapshot
- 6.2. Global Satellite Based Augmentation Systems (SBAS) Market by Application, Performance - Potential Analysis
- 6.3. Global Satellite Based Augmentation Systems (SBAS) Market Estimates & Forecasts by Application 2020-2030 (USD Million)
- 6.4. Satellite Based Augmentation Systems (SBAS) Market, Sub Segment Analysis
- 6.4.1. Aviation
- 6.4.2. Maritime
- 6.4.3. Road and Rail
- 6.4.4. Others
Chapter 7. Global Satellite Based Augmentation Systems (SBAS) Market, Regional Analysis
- 7.1. Top Leading Countries
- 7.2. Top Emerging Countries
- 7.3. Satellite Based Augmentation Systems (SBAS) Market, Regional Market Snapshot
- 7.4. North America Satellite Based Augmentation Systems (SBAS) Market
- 7.4.1. U.S. Satellite Based Augmentation Systems (SBAS) Market
- 7.4.1.1. Type breakdown estimates & forecasts, 2020-2030
- 7.4.1.2. Application breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Satellite Based Augmentation Systems (SBAS) Market
- 7.4.1. U.S. Satellite Based Augmentation Systems (SBAS) Market
- 7.5. Europe Satellite Based Augmentation Systems (SBAS) Market Snapshot
- 7.5.1. U.K. Satellite Based Augmentation Systems (SBAS) Market
- 7.5.2. Germany Satellite Based Augmentation Systems (SBAS) Market
- 7.5.3. France Satellite Based Augmentation Systems (SBAS) Market
- 7.5.4. Spain Satellite Based Augmentation Systems (SBAS) Market
- 7.5.5. Italy Satellite Based Augmentation Systems (SBAS) Market
- 7.5.6. Rest of Europe Satellite Based Augmentation Systems (SBAS) Market
- 7.6. Asia-Pacific Satellite Based Augmentation Systems (SBAS) Market Snapshot
- 7.6.1. China Satellite Based Augmentation Systems (SBAS) Market
- 7.6.2. India Satellite Based Augmentation Systems (SBAS) Market
- 7.6.3. Japan Satellite Based Augmentation Systems (SBAS) Market
- 7.6.4. Australia Satellite Based Augmentation Systems (SBAS) Market
- 7.6.5. South Korea Satellite Based Augmentation Systems (SBAS) Market
- 7.6.6. Rest of Asia Pacific Satellite Based Augmentation Systems (SBAS) Market
- 7.7. Latin America Satellite Based Augmentation Systems (SBAS) Market Snapshot
- 7.7.1. Brazil Satellite Based Augmentation Systems (SBAS) Market
- 7.7.2. Mexico Satellite Based Augmentation Systems (SBAS) Market
- 7.8. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market
- 7.8.1. Saudi Arabia Satellite Based Augmentation Systems (SBAS) Market
- 7.8.2. South Africa Satellite Based Augmentation Systems (SBAS) Market
- 7.8.3. Rest of Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market
Chapter 8. Competitive Intelligence
- 8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
- 8.2. Top Market Strategies
- 8.3. Company Profiles
- 8.3.1. Raytheon Technologies Corporation
- 8.3.1.1. Key Information
- 8.3.1.2. Overview
- 8.3.1.3. Financial (Subject to Data Availability)
- 8.3.1.4. Product Summary
- 8.3.1.5. Recent Developments
- 8.3.2. Hexagon AB
- 8.3.3. Thales Group
- 8.3.4. Airbus Group
- 8.3.5. Honeywell International Inc.
- 8.3.6. SkyTraq Technology, Inc.
- 8.3.7. Broadcom
- 8.3.8. GMV Innovating Solutions S.L.
- 8.3.9. Garmin Ltd.
- 8.3.10. Federal Aviation Administration
- 8.3.1. Raytheon Technologies Corporation
Chapter 9. Research Process
- 9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
- 9.2. Research Attributes
- 9.3. Research Assumption
LIST OF TABLES
- TABLE 1. Global Satellite Based Augmentation Systems (SBAS) Market, report scope
- TABLE 2. Global Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by Region 2020-2030 (USD Million)
- TABLE 3. Global Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by Type 2020-2030 (USD Million)
- TABLE 4. Global Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by Application 2020-2030 (USD Million)
- TABLE 5. Global Satellite Based Augmentation Systems (SBAS) Market by segment, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 6. Global Satellite Based Augmentation Systems (SBAS) Market by region, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 7. Global Satellite Based Augmentation Systems (SBAS) Market by segment, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 8. Global Satellite Based Augmentation Systems (SBAS) Market by region, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 9. Global Satellite Based Augmentation Systems (SBAS) Market by segment, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 10. Global Satellite Based Augmentation Systems (SBAS) Market by region, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 11. Global Satellite Based Augmentation Systems (SBAS) Market by segment, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 12. Global Satellite Based Augmentation Systems (SBAS) Market by region, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 13. Global Satellite Based Augmentation Systems (SBAS) Market by segment, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 14. Global Satellite Based Augmentation Systems (SBAS) Market by region, estimates & forecasts, 2020-2030 (USD Million)
- TABLE 15. U.S. Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 16. U.S. Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 17. U.S. Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 18. Canada Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 19. Canada Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 20. Canada Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 21. UK Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 22. UK Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 23. UK Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 24. Germany Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 25. Germany Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 26. Germany Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 27. France Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 28. France Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 29. France Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 30. Italy Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 31. Italy Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 32. Italy Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 33. Spain Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 34. Spain Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 35. Spain Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 36. RoE Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 37. RoE Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 38. RoE Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 39. China Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 40. China Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 41. China Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 42. India Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 43. India Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 44. India Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 45. Japan Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 46. Japan Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 47. Japan Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 48. South Korea Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 49. South Korea Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 50. South Korea Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 51. Australia Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 52. Australia Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 53. Australia Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 54. RoAPAC Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 55. RoAPAC Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 56. RoAPAC Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 57. Brazil Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 58. Brazil Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 59. Brazil Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 60. Mexico Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 61. Mexico Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 62. Mexico Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 63. RoLA Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 64. RoLA Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 65. RoLA Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 66. Saudi Arabia Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts, 2020-2030 (USD Million)
- TABLE 67. South Africa Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 68. RoMEA Satellite Based Augmentation Systems (SBAS) Market estimates & forecasts by segment 2020-2030 (USD Million)
- TABLE 69. List of secondary sources, used in the study of global Satellite Based Augmentation Systems (SBAS) Market
- TABLE 70. List of primary sources, used in the study of global Satellite Based Augmentation Systems (SBAS) Market
- TABLE 71. Years considered for the study
- TABLE 72. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
LIST OF FIGURES
- FIG 1. Global Satellite Based Augmentation Systems (SBAS) Market, research methodology
- FIG 2. Global Satellite Based Augmentation Systems (SBAS) Market, Market estimation techniques
- FIG 3. Global Market size estimates & forecast methods
- FIG 4. Global Satellite Based Augmentation Systems (SBAS) Market, key trends 2022
- FIG 5. Global Satellite Based Augmentation Systems (SBAS) Market, growth prospects 2023-2030
- FIG 6. Global Satellite Based Augmentation Systems (SBAS) Market, porters 5 force model
- FIG 7. Global Satellite Based Augmentation Systems (SBAS) Market, pest analysis
- FIG 8. Global Satellite Based Augmentation Systems (SBAS) Market, value chain analysis
- FIG 9. Global Satellite Based Augmentation Systems (SBAS) Market by segment, 2020 & 2030 (USD Million)
- FIG 10. Global Satellite Based Augmentation Systems (SBAS) Market by segment, 2020 & 2030 (USD Million)
- FIG 11. Global Satellite Based Augmentation Systems (SBAS) Market by segment, 2020 & 2030 (USD Million)
- FIG 12. Global Satellite Based Augmentation Systems (SBAS) Market by segment, 2020 & 2030 (USD Million)
- FIG 13. Global Satellite Based Augmentation Systems (SBAS) Market by segment, 2020 & 2030 (USD Million)
- FIG 14. Global Satellite Based Augmentation Systems (SBAS) Market, regional snapshot 2020 & 2030
- FIG 15. North America Satellite Based Augmentation Systems (SBAS) Market 2020 & 2030 (USD Million)
- FIG 16. Europe Satellite Based Augmentation Systems (SBAS) Market 2020 & 2030 (USD Million)
- FIG 17. Asia pacific Satellite Based Augmentation Systems (SBAS) Market 2020 & 2030 (USD Million)
- FIG 18. Latin America Satellite Based Augmentation Systems (SBAS) Market 2020 & 2030 (USD Million)
- FIG 19. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market 2020 & 2030 (USD Million)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
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