Satellite-Based Augmentation Systems Market Research Report: By Elements (SATCOM, Radar and Electric Optic/ Infrared), Aircraft Type (Fixed-Wing and Rotary Wing) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2027
ID: MRFR/A&D/1103-CR | September 2019 | Region: Global | 134 pages
Market Scenario
Satellite-based augmentation systems (SBAS) are aviation safety systems that offer services for enhancing the availability and integrity of standard SBAS signals. The global SBAS market is driven by factors such as increasing development of ATC infrastructure and the growing need for authentic and accurate information to avoid errors by the aviation authorities. For instance, in June 2019, The Airports Authority of India (AAI) and Boeing signed a contract with an aim at developing an air traffic management roadmap that will enhance airspace utilization and improve aircraft operations in India.
Furthermore, increasing air passenger traffic and growing investments by developing economies such as China and India in developing and modernizing airport infrastructure is driving the SBAS market. However, high initial investment, stringent aviation regulations, and cost associated with Air Traffic Management (ATM) infrastructure modernization might hamper the market growth.
Global Satellite-Based Augmentation Systems Market is projected to register a 6.12% CAGR during the forecast period.
Segmentation of the Global Satellite-Based Augmentation Systems Market 
Based on elements, the global market has been divided into SATCOM, radar, and Electric Optic/ Infrared (EO/IR). The SATCOM segment accounted for the largest market share in 2018 and is expected to witness the highest CAGR during the forecast period, 2019 to 2025. The growing demand for satellite-based communication is driving the growth of the segment.
Based on aircraft type, the global market has been segregated into fixed-wing and rotary-wing. The fixed-wing segment accounted for a larger market share in 2018 and is expected to witness a higher CAGR during the forecast period. The increasing number of aircraft manufactured is expected to drive the segment growth during the forecast period from 2019 to 2025.
Based on the region, the market has been categorized as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America is estimated to acquire the most significant market share in 2018. However, Asia-Pacific is expected to grow with the highest CAGR during the forecast period. The increasing air passenger traffic in countries such as India and China and growing investment made by airline companies in the region is expected to drive the market growth in Asia-Pacific.
Key Players
The key players in the global Satellite-Based augmentation systems market are Northrop Grumman Corporation (US), Advanced Navigation And Positioning Corporation (US), Raytheon Company (US), Garmin International Inc. (US), Saab AB (Sweden), INTELCAN TECHNOSYSTEMS Inc. (Canada), Honeywell International, Inc.(US), Thales Group (France), Lockheed Martin Corporation (US), and Universal Avionics (US).
Research Methodology
The market values and forecasts are derived using MRFR research methodology, which includes secondary research, primary interviews, data triangulation, and validation from an in-house data repository and statistical modeling tools.
Secondary Research
In this process, data is collected from various secondary sources, including annual reports, SEC filings, journals, government associations, aerospace & defense magazines, white papers, corporate presentations, company websites, and paid databases.
Primary Research
In this process, both the demand- and supply-side parties are interviewed to extract facts and insights into the market forecast, production, trends, and projected market growth. Industry stakeholders such as CEOs, VPs, directors, and marketing executives across the value chain are approached to obtain key information.
Key Insights
- Market sizing, forecast, and analysis: detailed coverage of the market segment and sub-segments
- Regional/country trends and forecast: detailed analysis of the market in North America, Asia-Pacific, Europe, the Middle East & Africa, and Latin America, along with key countries in each region
- Market dynamics intelligence: market drivers, opportunities, trends, restraints, Porter’s five forces, supply chain, and value chain analysis
- Technology trends, regulatory landscape, and patent analysis outlook
- Competitive intelligence: market share analysis, financial analysis, product benchmarking, and strategic developments including joint ventures, product launches, and mergers & acquisitions
- Regional attractiveness and related growth opportunities
Report Customization
MRFR offers report customization to valued customers. Below are the options available for customization:
- Company Profiles
In-depth profiling of additional market players (3 to 4 companies)
- Country-Level Analysis
Detailed analysis of a country-level market and related segments as per the report scope (subject to data availability)
Intended Audience
- Satellite-Based Augmentation Systems manufacturers
- Aviation authorities
- Airline companies
- Research institutes
- Regulatory bodies
Frequently Asked Questions (FAQ) :
Global satellite based augmentation systems market is projected to register a moderate 6.12% CAGR in the forecast period.
The massive demand for satellite based augmentation systems due to increasing passenger traffic is the primary growth inducer of the market.
The SATCOM segment is expected to observe substantial demand over the review period.
The fixed-wing segment is expected to secure the highest CAGR.
The APAC segment is slated to expand as the fastest-growing segment.
Who are the significant players operative in the global satellite based augmentation systems market?
A few emminent market players operating in the global satellite based augmentation systems market are Northrop Grumman Corporation (US), Raytheon Company (US), Advanced Navigation And Positioning Corporation (US), among others.
1 Executive Summary
1.1. Market Attractiveness Analysis
1.1.1. Global Satellite-Based Augmentation Systems Market, By Elements
1.1.2. Global Satellite-Based Augmentation Systems Market, By Aircraft Type
1.1.3. Global Satellite-Based Augmentation Systems Market, By Region
2 Market Introduction
2.1. Market Definition
2.2. Scope Of The Study
2.3. Market Structure
2.4. Key Buying Criteria
2.5. Market Factor Indicator Analysis
3 Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
3.6. List Of Assumptions
4 Market Insights
5 Market Dynamics
5.1. Introduction
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
5.6. Market/Technological Trends
5.7. Patent Trends
5.8. Regulatory Landscape/Standards
6 Market Factor Analysis
6.1. Value Chain/Supply Chain Analysis
6.1.1. R&D
6.1.2. Manufacturing
6.1.3. Distribution & Sales
6.1.4. Post-Sales Monitoring
6.2. Porter’s Five Forces Analysis
6.2.1. Threat Of New Entrants
6.2.2. Bargaining Power Of Buyers
6.2.3. Threat Of Substitutes
6.2.4. Rivalry
6.2.5. Bargaining Power Of Supplies
7 Global Satellite-Based Augmentation Systems Market, By Elements
7.1. Introduction
7.2. SATCOM
7.2.1. Market Estimates & Forecast, 2020-2027
7.2.2. Market Estimates & Forecast, By Region, 2020-2027
7.3. Radar
7.3.1. Market Estimates & Forecast, 2020-2027
7.3.2. Market Estimates & Forecast, By Region, 2020-2027
7.4. Electric Optic/ Infrared (EO/IR)
7.4.1. Market Estimates & Forecast, 2020-2027
7.4.2. Market Estimates & Forecast, By Region, 2020-2027
8 Global Satellite-Based Augmentation Systems Market, By Aircraft Type
8.1. Introduction
8.2. Fixed-Wing
8.2.1. Market Estimates & Forecast, 2020-2027
8.2.2. Market Estimates & Forecast, By Region, 2020-2027
8.3. Rotary Wing
8.3.1. Market Estimates & Forecast, 2020-2027
8.3.2. Market Estimates & Forecast, By Region, 2020-2027
9 Global Satellite-Based Augmentation Systems Market, By Region
9.1. Introduction
9.2. North America
9.2.1. Market Estimates & Forecast, By Country, 2020-2027
9.2.2. Market Estimates & Forecast, By Elements, 2020-2027
9.2.3. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.2.4. US
9.2.4.1. Market Estimates & Forecast, By Elements, 2020-2027
9.2.4.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.2.5. Canada
9.2.5.1. Market Estimates & Forecast, By Elements, 2020-2027
9.2.5.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.3. Europe
9.3.1. Market Estimates & Forecast, By Country, 2020-2027
9.3.2. Market Estimates & Forecast, By Elements, 2020-2027
9.3.3. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.3.4. UK
9.3.4.1. Market Estimates & Forecast, By Elements, 2020-2027
9.3.4.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.3.5. Germany
9.3.5.1. Market Estimates & Forecast, By Elements, 2020-2027
9.3.5.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.3.6. France
9.3.6.1. Market Estimates & Forecast, By Elements, 2020-2027
9.3.6.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.3.7. Russia
9.3.7.1. Market Estimates & Forecast, By Elements, 2020-2027
9.3.7.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.3.8. Rest Of Europe
9.3.8.1. Market Estimates & Forecast, By Elements, 2020-2027
9.3.8.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.4. Asia-Pacific
9.4.1. Market Estimates & Forecast, By Country, 2020-2027
9.4.2. Market Estimates & Forecast, By Elements, 2020-2027
9.4.3. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.4.4. China
9.4.4.1. Market Estimates & Forecast, By Elements, 2020-2027
9.4.4.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.4.5. Japan
9.4.5.1. Market Estimates & Forecast, By Elements, 2020-2027
9.4.5.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.4.6. India
9.4.6.1. Market Estimates & Forecast, By Elements, 2020-2027
9.4.6.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.4.7. South Korea
9.4.7.1. Market Estimates & Forecast, By Elements, 2020-2027
9.4.7.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.4.8. Rest Of Asia-Pacific
9.4.8.1. Market Estimates & Forecast, By Elements, 2020-2027
9.4.8.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.5. Middle East & Africa
9.5.1. Market Estimates & Forecast, By Country, 2020-2027
9.5.2. Market Estimates & Forecast, By Elements, 2020-2027
9.5.3. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.5.4. UAE
9.5.4.1. Market Estimates & Forecast, By Elements, 2020-2027
9.5.4.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.5.5. Saudi Arabia
9.5.5.1. Market Estimates & Forecast, By Elements, 2020-2027
9.5.5.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.5.6. Rest Of Middle East & Africa
9.5.6.1. Market Estimates & Forecast, By Elements, 2020-2027
9.5.6.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.6. Latin America
9.6.1. Market Estimates & Forecast, By Country, 2020-2027
9.6.2. Market Estimates & Forecast, By Elements, 2020-2027
9.6.3. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.6.4. Brazil
9.6.4.1. Market Estimates & Forecast, By Elements, 2020-2027
9.6.4.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
9.6.5. Rest Of Latin America
9.6.5.1. Market Estimates & Forecast, By Elements, 2020-2027
9.6.5.2. Market Estimates & Forecast, By Aircraft Type, 2020-2027
10 Competitive Landscape
10.1. Competitive Overview
10.2. Competitor Dashboard
10.3. Major Growth Strategies In The Global Satellite-Based Augmentation Systems Market
10.4. Competitive Benchmarking
10.5. Market Share Analysis
10.6. Lockheed Martin Corporation: The Leading Player In Terms Of Number Of Developments In The Global Satellite-Based Augmentation Systems Market
10.7. Key Developments & Growth Strategies
10.7.1. Aircraft Type Launches/Service Deployments
10.7.2. Mergers & Acquisitions
10.7.3. Joint Ventures
11 Company Profiles
11.1. Advanced Navigation And Positioning Corporation
11.1.1. Company Overview
11.1.2. Products/Services Offered
11.1.3. Financial Overview
11.1.4. Key Developments
11.1.5. SWOT Analysis
11.1.6. Key Strategies
11.2. Garmin International Inc.
11.2.1. Company Overview
11.2.2. Products/Services Offered
11.2.3. Financial Overview
11.2.4. Key Developments
11.2.5. SWOT Analysis
11.2.6. Key Strategies
11.3. Honeywell International, Inc.
11.3.1. Company Overview
11.3.2. Products/Services Offered
11.3.3. Financial Overview
11.3.4. Key Developments
11.3.5. SWOT Analysis
11.3.6. Key Strategies
11.4. INTELCAN TECHNOSYSTEMS INC
11.4.1. Company Overview
11.4.2. Products/Services Offered
11.4.3. Financial Overview
11.4.4. Key Developments
11.4.5. SWOT Analysis
11.4.6. Key Strategies
11.5. Lockheed Martin Corporation
11.5.1. Company Overview
11.5.2. Products/Services Offered
11.5.3. Financial Overview
11.5.4. Key Developments
11.5.5. SWOT Analysis
11.5.6. Key Strategies
11.6. Northrop Grumman Corporation
11.6.1. Company Overview
11.6.2. Products/Services Offered
11.6.3. Financial Overview
11.6.4. Key Developments
11.6.5. SWOT Analysis
11.6.6. Key Strategies
11.7. Raytheon Company
11.7.1. Company Overview
11.7.2. Products/Services Offered
11.7.3. Financial Overview
11.7.4. Key Developments
11.7.5. SWOT Analysis
11.7.6. Key Strategies
11.8. Saab AB
11.8.1. Company Overview
11.8.2. Products/Services Offered
11.8.3. Financial Overview
11.8.4. Key Developments
11.8.5. SWOT Analysis
11.8.6. Key Strategies
11.9. Thales Group
11.9.1. Company Overview
11.9.2. Products/Services Offered
11.9.3. Financial Overview
11.9.4. Key Developments
11.9.5. SWOT Analysis
11.9.6. Key Strategies
11.10. Universal Avionics
11.10.1. Company Overview
11.10.2. Products/Services Offered
11.10.3. Financial Overview
11.10.4. Key Developments
11.10.5. SWOT Analysis
11.10.6. Key Strategies
12 Appendix
12.1. References
12.2. Related Reports
12.3. List Of Abbreviations
13 Industry Insights
14 List Of Tables
Table 1 Global Satellite-Based Augmentation Systems Market, By Region, 2020-2027
Table 2 North America: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 3 Europe: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 4 Asia-Pacific: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 5 Middle East & Africa: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 6 Latin America: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 7 Global Satellite-Based Augmentation Systems Market Size, By Region, 2020-2027
Table 8 North America: Satellite-Based Augmentation Systems Market Size, By Country, 2020-2027
Table 9 Europe: Satellite-Based Augmentation Systems Market Size, By Country, 2020-2027
Table 10 Asia-Pacific: Satellite-Based Augmentation Systems Market Size, By Country, 2020-2027
Table 11 Middle East & Africa: Satellite-Based Augmentation Systems Market Size, By Country, 2020-2027
Table 12 Latin America: Satellite-Based Augmentation Systems Market Size, By Country, 2020-2027
Table 13 Global Satellite-Based Augmentation Systems Elements Market, By Region, 2020-2027
Table 14 North America: Satellite-Based Augmentation Systems Elements Market, By Country, 2020-2027
Table 15 Europe: Satellite-Based Augmentation Systems Elements Market, By Country, 2020-2027
Table 16 Asia-Pacific: Satellite-Based Augmentation Systems Elements Market, By Country, 2020-2027
Table 17 Middle East & Africa: Satellite-Based Augmentation Systems Elements Market, By Country, 2020-2027
Table 18 Latin America: Satellite-Based Augmentation Systems Elements Market, By Country, 2020-2027
Table 19 Global Satellite-Based Augmentation Systems Aircraft Type Market, By Region, 2020-2027
Table 20 North America: Satellite-Based Augmentation Systems Aircraft Type Market, By Country, 2020-2027
Table 21 Europe: Satellite-Based Augmentation Systems Aircraft Type Market, By Country, 2020-2027
Table 22 Asia-Pacific: Satellite-Based Augmentation Systems Aircraft Type Market, By Country, 2020-2027
Table 23 Middle East & Africa: Satellite-Based Augmentation Systems Aircraft Type Market, By Country, 2020-2027
Table 24 Latin America: Satellite-Based Augmentation Systems Aircraft Type Market, By Country, 2020-2027
Table 25 Global Satellite-Based Augmentation Systems Market, By Region, 2020-2027
Table 26 Global Satellite-Based Augmentation Systems Market, By Elements, 2020-2027
Table 27 Global Satellite-Based Augmentation Systems Market, By Aircraft Type, 2020-2027
Table 28 North America: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 29 North America: Satellite-Based Augmentation Systems Market, By Elements, 2020-2027
Table 30 North America: Satellite-Based Augmentation Systems Market, By Aircraft Type, 2020-2027
Table 31 Europe: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 32 Europe: Satellite-Based Augmentation Systems Market, By Elements, 2020-2027
Table 33 Europe: Satellite-Based Augmentation Systems Market, By Aircraft Type, 2020-2027
Table 34 Asia-Pacific: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 35 Asia-Pacific: Satellite-Based Augmentation Systems Market, By Elements, 2020-2027
Table 36 Asia-Pacific: Satellite-Based Augmentation Systems Market, By Aircraft Type, 2020-2027
Table 37 Middle East & Africa: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 38 Middle East & Africa: Satellite-Based Augmentation Systems Market, By Elements, 2020-2027
Table 39 Middle East & Africa: Satellite-Based Augmentation Systems Market, By Aircraft Type, 2020-2027
Table 40 Latin America: Satellite-Based Augmentation Systems Market, By Country, 2020-2027
Table 41 Latin America: Satellite-Based Augmentation Systems Market, By Elements, 2020-2027
Table 42 Latin America: Satellite-Based Augmentation Systems Market, By Aircraft Type, 2020-2027
15 List Of Figures
FIGURE 1 Research Process Of MRFR
FIGURE 2 Top-Down And Bottom-Up Approaches
FIGURE 3 Market Dynamics
FIGURE 4 Impact Analysis: Market Drivers
FIGURE 5 Impact Analysis: Market Restraints
FIGURE 6 Porter's Five Forces Analysis
FIGURE 7 Value Chain Analysis
FIGURE 8 Global Satellite-Based Augmentation Systems Market Share, By Elements, 2020 (%)
FIGURE 9 Global Satellite-Based Augmentation Systems Market, By Elements, 2020-2027 (USD Million)
FIGURE 10 Global Satellite-Based Augmentation Systems Market Share, By Aircraft Type, 2020 (%)
FIGURE 11 Global Satellite-Based Augmentation Systems Market, By Aircraft Type, 2020-2027 (USD Million)
FIGURE 12 Global Satellite-Based Augmentation Systems Market Share (%), By Region, 2020
FIGURE 13 Global Satellite-Based Augmentation Systems Market, By Region, 2020-2027 (USD Million)
FIGURE 14 North America: Satellite-Based Augmentation Systems Market Share (%), 2020
FIGURE 15 North America: Satellite-Based Augmentation Systems Market, By Country, 2020-2027 (USD Million)
FIGURE 16 Europe: Satellite-Based Augmentation Systems Market Share (%), 2020
FIGURE 17 Europe: Satellite-Based Augmentation Systems Market, By Country, 2020-2027 (USD Million)
FIGURE 18 Asia-Pacific: Satellite-Based Augmentation Systems Market Share (%), 2020
FIGURE 19 Asia-Pacific: Satellite-Based Augmentation Systems Market, By Country, 2020-2027 (USD Million)
FIGURE 20 Middle East & Africa: Satellite-Based Augmentation Systems Market Share (%), 2020
FIGURE 21 Middle East & Africa: Satellite-Based Augmentation Systems Market, By Country, 2020-2027 (USD Million)
FIGURE 22 Latin America: Satellite-Based Augmentation Systems Market Share (%), 2020
FIGURE 23 Latin America: Satellite-Based Augmentation Systems Market, By Country, 2020-2027 (USD Million)