Global Satellite Based Augmentation Systems (SBAS) Market Report, History and Forecast 2017-2028, Breakdown Data by Companies, Key Regions, Types and Application

SBAS systems are geosynchronous satellite systems that provide services for improving the accuracy, integrity and availability of basic SBAS signals. Accuracy is enhanced through the transmission of wide-area corrections for SBAS range errors. Integrity is enhanced by the SBAS network quickly detecting satellite signal errors and sending alerts to receivers that they should not track the failed satellite. Signal availability can be improved if the SBAS transmits ranging signals from its satellites. SBAS systems include reference stations, master stations, uplink stations and geosynchronous satellites.
Market Analysis and Insights: Global Satellite Based Augmentation Systems (SBAS) Market
The research report studies the Satellite Based Augmentation Systems (SBAS) market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
Due to the COVID-19 pandemic, the global Satellite Based Augmentation Systems (SBAS) market size is estimated to be worth US$ 589 million in 2021 and is forecast to a readjusted size of US$ 826.5 million by 2028 with a CAGR of 4.9% during the forecast period 2022-2028.
Global Satellite Based Augmentation Systems (SBAS) key players include Thales, Raytheon Company, Mitsubishi, Airbus, SES, etc. Global top five manufacturers hold a share about 80%. Europe is the largest market, with a share about 35%, followed by North America, with a share about 25 percent. In terms of product, WAAS is the largest segment, with a share about 30%. And in terms of application, the largest application is Aviation, followed by Maritime, Road & Rail, etc.
Global Satellite Based Augmentation Systems (SBAS) Scope and Segment
The global Satellite Based Augmentation Systems (SBAS) market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Satellite Based Augmentation Systems (SBAS) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2017-2028.
Segment by Type
WAAS
EGNOS
MSAS
GAGAN
SDCM
Others
Segment by Application
Aviation
Maritime
Road & Rail
Others
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Raytheon
Mitsubishi
Thales
Airbus
SES
Space Systems Loral

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