Global Satellite-Based Augmentation Systems Market to Grow at a CAGR of 5.2% During the Period 2016-2019

"The Report Global Satellite-Based Augmentation Systems 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

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Albany, NY -- (SBWire) -- 01/27/2016 --Description

About Satellite-Based Augmentation Systems

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.

Technavios analysts forecast the global satellite-based augmentation system market to grow at a CAGR of 5.2% during the period 2016-2020.

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Covered in this report

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.

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

Market trend

Growing implementation of satellite-based navigation systems
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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