Albany, NY -- (SBWIRE) -- 07/21/2017 -- SBASs such as WAAS, EGNOS, GAGAN, and MSAS are systems that support regional or wide-area augmentation, through the use of multiple satellite-based broadcast. SBAS messages are broadcast through geostationary satellites that cover vast areas. These systems also comprise multiple ground-based stations that take measurements from one or more GNSS satellites.
The global satellite-based augmentation system market to grow at a CAGR of 5.2% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global satellite-based augmentation system market for 2016-2020. The report provides a global overview of the market and the growth prospects by region (Americas, APAC, and EMEA). It also presents the market landscape and a corresponding analysis of the prominent vendors in the market. In addition, it discusses the major drivers influencing market growth and outlines the challenges faced by vendors and the market as a whole, as well as the key trends emerging in the market.
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Technavio's report, Global Satellite-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.
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Key vendors
- Garmin
- Raytheon
- Rockwell Collins
- Thales
- Universal Avionics
Other prominent vendors
- Advanced Navigation & Positioning
- Comsoft
- Copperchase
- Honeywell International
- Intelcan Technosystems
- Lockheed Martin
- Northrop Grumman
- Saab AB
- Searidge Technologies
Market driver
- Demand for better fuel efficiency and reduced carbon emissions
- For a full, detailed list, view our report
Market challenge
- High cost of ATM infrastructure modernization
- 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?
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