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.
LPI (LP Information)' newest research report, the “Satellite Based Augmentation Systems (SBAS) Industry Forecast” looks at past sales and reviews total world Satellite Based Augmentation Systems (SBAS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Satellite Based Augmentation Systems (SBAS) sales for 2023 through 2029. With Satellite Based Augmentation Systems (SBAS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Satellite Based Augmentation Systems (SBAS) industry.
This Insight Report provides a comprehensive analysis of the global Satellite Based Augmentation Systems (SBAS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Satellite Based Augmentation Systems (SBAS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Satellite Based Augmentation Systems (SBAS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Satellite Based Augmentation Systems (SBAS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Satellite Based Augmentation Systems (SBAS).
The global Satellite Based Augmentation Systems (SBAS) market size is projected to grow from US$ 576.2 million in 2022 to US$ 815.3 million in 2029; it is expected to grow at a CAGR of 5.1% from 2023 to 2029.
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.
This report presents a comprehensive overview, market shares, and growth opportunities of Satellite Based Augmentation Systems (SBAS) market by product type, application, key players and key regions and countries.
Top Manufactures in Global Satellite Based Augmentation Systems (SBAS) Includes:
Raytheon
Mitsubishi
Thales
Airbus
SES
Space Systems Loral
Market Segment by Type, covers:
WAAS
EGNOS
MSAS
GAGAN
SDCM
Others
Market Segment by Applications, can be divided into:
Aviation
Maritime
Road & Rail
Others
Key Questions Addressed in this Report
What is the 10-year outlook for the global Satellite Based Augmentation Systems (SBAS) market?
What factors are driving Satellite Based Augmentation Systems (SBAS) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Satellite Based Augmentation Systems (SBAS) market opportunities vary by end market size?
How does Satellite Based Augmentation Systems (SBAS) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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