Satellite Based Augmentation Systems Market – Current Trends, Analysis by Business Growth, Development Factors, Application and Future Prospects to 2023

Satellite Based Augmentation Systems Market - Current Trends, Analysis by Business Growth, Development Factors, Application and Future Prospects to 2023

“Satellite Based Augmentation Systems Market”
Global Satellite Based Augmentation Systems Market Size, Share, Growth and Information by Elements (SATCOM, Radar, and Electric Optic/ Infrared), by Aircraft Types (Fixed Wing and Rotary Wing), and Region – Global Forecast to 2023.

The high demand for satellite-based augmentation systems market is due to the growing development of ATC infrastructure, need for authentic and accurate information to avoid errors, and rise in the development of airport construction and modernization, thus increasing the participation of manufacturers. Rapid technology advancement, along with increased focus of OEMs on providing accurate and precise navigation system, is expected to result in an increase in aircraft expenses and add to the growth of the market. However, the cost associated with Air Traffic Management (ATM) infrastructure modernization and retrofitting older aircraft with upgraded systems act as a barrier to the growth of satellite-based augmentation systems market. The revolution of modern electronic systems results in many aircraft manufacturers upgrading technologies with new avionics.

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The Global Positioning System (GPS) has been used successfully in the aircraft industry for many decades, but the technology is not used as a sole system for navigation. The accuracy and integrity of GPS are greatly enhanced by the collection of information from a variety of sources. The Satellite Based Augmentation System (SBAS) is designed to enhance the performance of standard global navigation satellite (GPS) system positioning. In addition to that, SBAS provides high accuracy, measures pseudo-ranges, and bolsters the aircraft safety. It supports vertically guided instrument and air traffic handling. However, there are some shortcomings in the satellite-based augmentation system market, such as cost associated with Air Traffic Management (ATM) infrastructure modernization and retrofitting of older aircraft with upgraded systems.

The primary objective of developing satellite-based augmentation systems is to provide accurate navigation data and reliability of the data throughout the flight operation. SBAS offers a cost-effective opportunity for airports, without installing ground-based navigation aids. In addition to that, it offers ease of maintenance to the navigation facility. SBAS consists of a network of stations widely distributed to receive and process satellite signals. The ground reference stations send satellite information to master stations and generate Geostationary Earth Orbit (GEO) satellite navigation parameters. This information is distributed to a Ground Earth Station (GES) and uplinked in conjunction with the GEO navigation message to GEO satellites. The GEO satellites broadcast integrity, correction information, and ranging signals to SBAS receivers worldwide.

Segmentation

The global satellite-based augmentation systems market is segmented into 4 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Elements: Comprises SATCOM, Radar, Electric Optic/ Infrared

Segmentation by Product: Comprises Fixed Wing and Rotary Wing

Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia-Pacific, Middle East & Africa and South America.

Regional Analysis:

Asia Pacific region is dominating the market of the global satellite-based augmentation systems market due to high demand for civil aviation. The market in the Asia Pacific countries is largely driven by new routes, ventures, and business models, which helps in the growth of global satellite-based augmentation systems market.

North America market is referred to as the second-largest satellite-based augmentation market due to factors such as growing investment in airport infrastructure have fuelled the demand for global satellite-based augmentation systems market.

Key Players:

Garmin International Inc. (U.S.), Raytheon (U.S.), Rockwell Collins (U.S.), Thales Group (France), Universal Avionics (U.S.), Advanced Navigation and Positioning Corporation (U.S.), Copperchase Ltd. (U.K.), Intelcan Techno systems (Canada), Honeywell International (U.S.), Lockheed Martin (U.S.), Northrop Grumman (U.S.), and Saab AB (Sweden) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the global satellite-based augmentation systems market.

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