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(MoneyNewsWire.Net, August 19, 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.
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Technavios analysts forecast the global satellite-based augmentation system market to grow at a CAGR of 5.2% during the period 2016-2020.
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.
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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.
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?
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