Boston, MA -- (SBWIRE) -- 01/26/2016 -- With a new generation of air traffic management (ATM) systems being planned and implemented around the world, there has been a major shift in the ATM systems market from ground-based hardware to airborne-based technology, and a more software-centric approach to integrated automated ATM networks.

The goal of a GBAS is to provide an alternative to the instrument landing system (ILS), which would support the full range of aircraft approach and landing operations. The GBAS consists of two integrated systems: four DGPSs and one LAAS.

Technavio's analysts forecast the global ground-based augmentation systems market to grow at a CAGR of 8.51% during the period 2016-2020.

Get More Details on this Report and a Full Table of Contents at Global Ground-Based Augmentation Systems 2016-2020

Covered in this report
The report covers the present scenario and the growth prospects of the global ground-based augmentation systems market for the period 2016-2020. The report provides a comprehensive overview and market shares, and growth prospects by region (the Americas, APAC, and EMEA). It also presents the market landscape and a corresponding analysis of the five major vendors in the market.

Technavio's report, Global Ground Based Augmentation Systems 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Honeywell Aerospace
-Indra Navia
-NEC
-Northrop Grumman
-Thales

Other prominent vendors

-ADB Airfield Solutions
-Boeing
-Raytheon
-Rockwell Collins
-Saab Sensis.

Market driver

-Growing investments in smart airports
-For a full, detailed list, view our report

Market challenge

-Disturbance in airline operations
-For a full, detailed list, view our report

Market trend

-Development of CAT II/III GBAS landing system
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Honeywell Aerospace, Indra Navia, NEC, Northrop Grumman, Thales, ADB Airfield Solutions, Boeing, Raytheon, Rockwell Collins, Saab Sensis.

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