NEW YORK, Feb. 17, 2023 /PRNewswire/ — The satellite-based augmentation systems market size is forecasted to increase by USD 169.15 million from 2022 to 2027, at a CAGR of 4.53%, according to the recent market study by Technavio. The growth of the market will be driven by rising investments in satellite navigation programs, innovation in navigation and positioning devices, and growing demand for unnamed platforms. The report also includes historic market data from 2017 to 2021. In 2017, the satellite-based augmentation systems market was valued at USD 611.38 million. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download the sample report
Technavio has extensively analyzed 15 major vendors, including Elbit Systems Ltd., European Union Agency for the Space Programme, Federal Aviation Administration, Garmin Ltd, GMV Innovating Solutions SL, Hexagon AB, Honeywell International Inc., Lockheed Martin Corp., Maxar Technologies Inc., Raytheon Technologies Corp., Saab AB, and Thales Group.
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Key benefits for industry players & stakeholders –
- The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
- It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
- The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
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Customer landscape – Analysis of price sensitivity, adoption lifecycle, customer purchase basket, adoption rates, and purchase criteria by Technavio
- One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage.
- Another key aspect is price sensitivity drivers (purchases are undifferentiated, the purchase is a key cost to buyers, and quality is not important), which range between NEUTRAL and HIGH.
- Furthermore, market adoption rates for all regions have been covered.
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The market is segmented by application (aviation, maritime, and others), type (WAAS, EGNOS, MSAS, and Others), and geography (North America, APAC, Europe, South America, and Middle East and Africa).
Segmentation by application (inclusion/exclusion)
- Inclusion:
Satellite navigation systems benefit the aviation sector, and their relevance is expected to increase during the forecast period. For instance, GNSS data may improve air traffic management operations using Automatic Dependent Surveillance-Broadcast (ADS-B) tracking, which allows for more accurate monitoring and planning of aircraft operations. As a result, the sales of GNSS-enabled devices have increased in general and commercial aviation. Such applications of navigational data from SBAS are expected to drive the market’s growth during the forecast period.
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What are the key data covered in this satellite-based augmentation systems market report?
- CAGR of the market during the forecast period
- Detailed information on factors that will drive the growth of the satellite-based augmentation systems market between 2023 and 2027
- Precise estimation of the size of the satellite-based augmentation systems market and its contribution to the parent market
- Accurate predictions about upcoming trends and changes in consumer behavior
- Growth of the satellite-based augmentation systems market across North America, APAC, Europe, South America, and Middle East and Africa
- A thorough analysis of the market’s competitive landscape and detailed information about vendors
- Comprehensive analysis of factors that will challenge the growth of satellite-based augmentation systems market vendors
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Satellite-Based Augmentation Systems Market Scope |
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Report Coverage |
Details |
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Page number |
174 |
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Base year |
2022 |
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Historic period |
2017-2021 |
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Forecast period |
2023-2027 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.53% |
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Market growth 2023-2027 |
USD 169.15 million |
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Market structure |
Concentrated |
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YoY growth 2022-2023 (%) |
4.17 |
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Regional analysis |
North America, APAC, Europe, South America, and Middle East and Africa |
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Performing market contribution |
North America at 44% |
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Key countries |
US, Canada, Japan, India, and Germany |
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Competitive landscape |
Leading vendors, market positioning of vendors, competitive strategies, and industry risks |
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Key companies profiled |
Airbus SE, Airservices Australia, Elbit Systems Ltd., European Union Agency for the Space Programme, Federal Aviation Administration, Garmin Ltd, GMV Innovating Solutions SL, Hexagon AB, Honeywell International Inc., Lockheed Martin Corp., Maxar Technologies Inc., Raytheon Technologies Corp., Saab AB, and Thales Group |
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Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Table of contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global satellite-based augmentation systems market 2017 – 2021
- Exhibit 18: Historic Market Size – Data Table on Global satellite-based augmentation systems market 2017 – 2021 ($ million)
- 4.2 Application Segment Analysis 2017 – 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 – 2021 ($ million)
- 4.3 Type Segment Analysis 2017 – 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 – 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 – 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
- 4.5 Country Segment Analysis 2017 – 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition – Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application – Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application – Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Aviation – Market size and forecast 2022-2027
- Exhibit 34: Chart on Aviation – Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Aviation – Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Aviation – Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Aviation – Year-over-year growth 2022-2027 (%)
- 6.4 Maritime – Market size and forecast 2022-2027
- Exhibit 38: Chart on Maritime – Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Maritime – Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Maritime – Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Maritime – Year-over-year growth 2022-2027 (%)
- 6.5 Others – Market size and forecast 2022-2027
- Exhibit 42: Chart on Others – Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Others – Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Others – Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Others – Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Application
- Exhibit 46: Market opportunity by Application ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 47: Chart on Type – Market share 2022-2027 (%)
- Exhibit 48: Data Table on Type – Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 49: Chart on Comparison by Type
- Exhibit 50: Data Table on Comparison by Type
- 7.3 WAAS – Market size and forecast 2022-2027
- Exhibit 51: Chart on WAAS – Market size and forecast 2022-2027 ($ million)
- Exhibit 52: Data Table on WAAS – Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Chart on WAAS – Year-over-year growth 2022-2027 (%)
- Exhibit 54: Data Table on WAAS – Year-over-year growth 2022-2027 (%)
- 7.4 EGNOS – Market size and forecast 2022-2027
- Exhibit 55: Chart on EGNOS – Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on EGNOS – Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on EGNOS – Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on EGNOS – Year-over-year growth 2022-2027 (%)
- 7.5 MSAS – Market size and forecast 2022-2027
- Exhibit 59: Chart on MSAS – Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on MSAS – Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on MSAS – Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on MSAS – Year-over-year growth 2022-2027 (%)
- 7.6 Others – Market size and forecast 2022-2027
- Exhibit 63: Chart on Others – Market size and forecast 2022-2027 ($ million)
- Exhibit 64: Data Table on Others – Market size and forecast 2022-2027 ($ million)
- Exhibit 65: Chart on Others – Year-over-year growth 2022-2027 (%)
- Exhibit 66: Data Table on Others – Year-over-year growth 2022-2027 (%)
- 7.7 Market opportunity by Type
- Exhibit 67: Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 69: Chart on Market share by geography 2022-2027 (%)
- Exhibit 70: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 71: Chart on Geographic comparison
- Exhibit 72: Data Table on Geographic comparison
- 9.3 North America – Market size and forecast 2022-2027
- Exhibit 73: Chart on North America – Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on North America – Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on North America – Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on North America – Year-over-year growth 2022-2027 (%)
- 9.4 APAC – Market size and forecast 2022-2027
- Exhibit 77: Chart on APAC – Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on APAC – Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on APAC – Year-over-year growth 2022-2027 (%)
- 9.5 Europe – Market size and forecast 2022-2027
- Exhibit 81: Chart on Europe – Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Europe – Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Europe – Year-over-year growth 2022-2027 (%)
- 9.6 South America – Market size and forecast 2022-2027
- Exhibit 85: Chart on South America – Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on South America – Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on South America – Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on South America – Year-over-year growth 2022-2027 (%)
- 9.7 Middle East and Africa – Market size and forecast 2022-2027
- Exhibit 89: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)
- 9.8 US – Market size and forecast 2022-2027
- Exhibit 93: Chart on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on US – Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on US – Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on US – Year-over-year growth 2022-2027 (%)
- 9.9 Japan – Market size and forecast 2022-2027
- Exhibit 97: Chart on Japan – Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on Japan – Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on Japan – Year-over-year growth 2022-2027 (%)
- 9.10 Germany – Market size and forecast 2022-2027
- Exhibit 101: Chart on Germany – Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Germany – Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Germany – Year-over-year growth 2022-2027 (%)
- 9.11 India – Market size and forecast 2022-2027
- Exhibit 105: Chart on India – Market size and forecast 2022-2027 ($ million)
- Exhibit 106: Data Table on India – Market size and forecast 2022-2027 ($ million)
- Exhibit 107: Chart on India – Year-over-year growth 2022-2027 (%)
- Exhibit 108: Data Table on India – Year-over-year growth 2022-2027 (%)
- 9.12 Canada – Market size and forecast 2022-2027
- Exhibit 109: Chart on Canada – Market size and forecast 2022-2027 ($ million)
- Exhibit 110: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
- Exhibit 111: Chart on Canada – Year-over-year growth 2022-2027 (%)
- Exhibit 112: Data Table on Canada – Year-over-year growth 2022-2027 (%)
- 9.13 Market opportunity by geography
- Exhibit 113: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 114: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 115: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 116: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 117: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 118: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 119: Matrix on vendor position and classification
- 12.3 Airbus SE
- Exhibit 120: Airbus SE – Overview
- Exhibit 121: Airbus SE – Business segments
- Exhibit 122: Airbus SE – Key news
- Exhibit 123: Airbus SE – Key offerings
- Exhibit 124: Airbus SE – Segment focus
- 12.4 Airservices Australia
- Exhibit 125: Airservices Australia – Overview
- Exhibit 126: Airservices Australia – Product / Service
- Exhibit 127: Airservices Australia – Key offerings
- 12.5 Elbit Systems Ltd.
- Exhibit 128: Elbit Systems Ltd. – Overview
- Exhibit 129: Elbit Systems Ltd. – Product / Service
- Exhibit 130: Elbit Systems Ltd. – Key offerings
- 12.6 European Union Agency for the Space Programme
- Exhibit 131: European Union Agency for the Space Programme – Overview
- Exhibit 132: European Union Agency for the Space Programme – Product / Service
- Exhibit 133: European Union Agency for the Space Programme – Key offerings
- 12.7 Federal Aviation Administration
- Exhibit 134: Federal Aviation Administration – Overview
- Exhibit 135: Federal Aviation Administration – Product / Service
- Exhibit 136: Federal Aviation Administration – Key offerings
- 12.8 Garmin Ltd
- Exhibit 137: Garmin Ltd – Overview
- Exhibit 138: Garmin Ltd – Business segments
- Exhibit 139: Garmin Ltd – Key offerings
- Exhibit 140: Garmin Ltd – Segment focus
- 12.9 GMV Innovating Solutions SL
- Exhibit 141: GMV Innovating Solutions SL – Overview
- Exhibit 142: GMV Innovating Solutions SL – Product / Service
- Exhibit 143: GMV Innovating Solutions SL – Key offerings
- 12.10 Hexagon AB
- Exhibit 144: Hexagon AB – Overview
- Exhibit 145: Hexagon AB – Business segments
- Exhibit 146: Hexagon AB – Key news
- Exhibit 147: Hexagon AB – Key offerings
- Exhibit 148: Hexagon AB – Segment focus
- 12.11 Honeywell International Inc.
- Exhibit 149: Honeywell International Inc. – Overview
- Exhibit 150: Honeywell International Inc. – Business segments
- Exhibit 151: Honeywell International Inc. – Key news
- Exhibit 152: Honeywell International Inc. – Key offerings
- Exhibit 153: Honeywell International Inc. – Segment focus
- 12.12 Lockheed Martin Corp.
- Exhibit 154: Lockheed Martin Corp. – Overview
- Exhibit 155: Lockheed Martin Corp. – Business segments
- Exhibit 156: Lockheed Martin Corp. – Key news
- Exhibit 157: Lockheed Martin Corp. – Key offerings
- Exhibit 158: Lockheed Martin Corp. – Segment focus
- 12.13 Maxar Technologies Inc.
- Exhibit 159: Maxar Technologies Inc. – Overview
- Exhibit 160: Maxar Technologies Inc. – Business segments
- Exhibit 161: Maxar Technologies Inc. – Key offerings
- Exhibit 162: Maxar Technologies Inc. – Segment focus
- 12.14 Raytheon Technologies Corp.
- Exhibit 163: Raytheon Technologies Corp. – Overview
- Exhibit 164: Raytheon Technologies Corp. – Business segments
- Exhibit 165: Raytheon Technologies Corp. – Key news
- Exhibit 166: Raytheon Technologies Corp. – Key offerings
- Exhibit 167: Raytheon Technologies Corp. – Segment focus
- 12.15 Saab AB
- Exhibit 168: Saab AB – Overview
- Exhibit 169: Saab AB – Business segments
- Exhibit 170: Saab AB – Key news
- Exhibit 171: Saab AB – Key offerings
- Exhibit 172: Saab AB – Segment focus
- 12.16 Thales Group
- Exhibit 173: Thales Group – Overview
- Exhibit 174: Thales Group – Business segments
- Exhibit 175: Thales Group – Key news
- Exhibit 176: Thales Group – Key offerings
- Exhibit 177: Thales Group – Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 178: Inclusions checklist
- Exhibit 179: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 180: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 181: Research methodology
- Exhibit 182: Validation techniques employed for market sizing
- Exhibit 183: Information sources
- 13.5 List of abbreviations
- Exhibit 184: List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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