Covid-19 Outbreak Impact SBAS Market Report Analysis By Application, Size, Share, Top Region Forecast 2025

0
0

Global SBAS Market – Overview

 According to a recent study report published by Market Research Future, the global market for satellite-based augmentation systems (SBAS) will grow at a rapid pace over the forecast period. The market is expected to witness slow but steady growth until 2021, which will be a growing fast at a moderate CAGR during the forecast period (2017 -2021).  

The high demand for SBAS Market is due to the growing development of ATC infrastructure, need for authentic and accurate information to avoid errors, and rise in the development of airport construction and modernization, thus increasing the participation of manufacturers. Rapid technology advancement, along with increased focus of OEMs on providing accurate and precise navigation system, is expected to result in an increase in aircraft expenses and add to the growth of the market. However, the cost associated with Air Traffic Management (ATM) infrastructure modernization and retrofitting older aircraft with upgraded systems act as a barrier to the growth of satellite-based augmentation systems market. The revolution of modern electronic systems results in many aircraft manufacturers upgrading technologies with new avionics.

Access Report Details @ https://www.marketresearchfuture.com/reports/satellite-based-augmentation-systems-market-1634

Industry/ Innovation/ Related News:

February 2017 – Lockheed Martin signed a contract with Geoscience Australia to research the development of a satellite-based augmentation system testbed.

October 2016 – Thales signed a contract with Korean Aerospace to develop a satellite-based augmentation system for GPS.

October 2014 – Raytheon signed a contract with United States Satellite-Based Augmentation System to promote air traffic safety.

 Global SBAS Market – Segmentation

The global SBAS Market is segmented into 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Elements               : Comprises SATCOM, Radar, Electric Optic/ Infrared

Segmentation by Product                 : Comprises Fixed Wing and Rotary Wing

Segmentation by Regions                 : Comprises Geographical regions – North America, Europe, Asia-Pacific, Middle East & Africa and South America.

Key Players:

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.), and Saab AB (Sweden) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global satellite-based augmentation systems market.

Global Satellite-based Augmentation Systems Market: Regional Analysis

Asia Pacific region is dominating the market of the global SBAS Market due to high demand for civil aviation. The market in the Asia Pacific countries is largely driven by new routes, ventures, and business models, which helps in the growth of global satellite-based augmentation systems market.

North America market is referred to as the second-largest satellite-based augmentation market due to factors such as growing investment in airport infrastructure have fuelled the demand for global satellite-based augmentation systems market.

 

Showing 0 results
Your Answer

Please first to submit.

Get involved

Register

As a member of this site you will be able to receive aggregates news relating only to those categories that are most relevant to you, submit job listings for FREE, post questions in the Q&A, and more.

Register Now

Feature your company

The Feature Your Company listing is your custom-made (by us) profile page that allows you to add any of the following content: text, videos, links, images. The page will also be listed on the Featured Company landing page. Over 560 unique aggregates users visit the site per day! Complete the enquiry form now to contact us.

Contact us

Jobs

Are you looking for an aggregate related job? Click here to see our jobs listing supplied by industry experts United Employment.

See Jobs

Advertise

Reach thousands of budget holders and decision makers by promoting your company on the longest established aggregate website in the US & Canada. Or advertise in our emails which are sent to opted-in subscribers according to their chosen categories. All advertising will display correctly on tablets and mobiles as this site is responsive.