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Global Ground-Based Augmentation Systems Market to Grow at a CAGR of 8.51% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Ground-Based Augmentation Systems 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 01/26/2016 -- Report forecast the global ground-based augmentation systems market to grow at a CAGR of 8.51% during the period 2016-2020.

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.

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.

According to the report, the growing demand for air travel, witnessed by the airports, is a key driver of the market. For example, in 2013, there was a steady increase in air traffic globally, around 5% more than in 2012. The airports in Atlanta, US; Beijing, China; London, UK; Dubai, and Hong Kong had the highest passenger traffic during the same period.

Further, the report states that the high cost associated with installation and maintenance of the GBAS is a major challenge for the airlines since the industry has a low-profit margin.

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 players in the Global Ground Based Augmentation Systems: Honeywell Aerospace, Indra Navia, NEC, Northrop Grumman and Thales

Other Prominent Vendors in the market are: ADB Airfield Solutions, Boeing, Raytheon, Rockwell Collins, and 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?

Spanning over 70 pages and 38 Exhibit "Global Ground-Based Augmentation Systems 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Global aerospace and defense supply chain system, Global aerospace and defense value chain system, Geographical segmentation, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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