Satellite Based Augmentation System Market
Satellite Based Augmentation System Market Forecasts to 2028 - Global Analysis By Type (Wide Area Augmentation System (WAAS), European Geostationary Navigation Overlay Service (EGNOS), MTSAT Satellite Augmentation System (MSAS), GPS Aided GEO Augmented Navigation (GAGAN), System for Differential Corrections and Monitoring (SDCM) and Other Types), By Application (Aviation, Maritime, Road & Rail and Other Applications), By Sales Channel (Aftermarket and Manufacturer/Distributor/Service Provider) and By Geography
|
Years Covered |
2020-2028 |
|
Estimated Year Value (2022) |
US $1.28 BN |
|
Projected Year Value (2028) |
US $1.89 BN |
|
CAGR (2022 - 2028) |
6.74% |
|
Regions Covered |
North America, Europe, Asia Pacific, South America, and Middle East & Africa |
|
Countries Covered |
US, Canada, Mexico, Germany, UK, Italy, France, Spain, Japan, China, India, Australia, New Zealand, South Korea, Rest of Asia Pacific, South America, Argentina, Brazil, Chile, Middle East & Africa, Saudi Arabia, UAE, Qatar, and South Africa |
|
Largest Market |
Asia Pacific |
|
Highest Growing Market |
North America |
According to Stratistics MRC, the Global Satellite Based Augmentation System Market is accounted for $1.28 billion in 2022 and is expected to reach $1.89 billion by 2028 growing at a CAGR of 6.74% during the forecast period. The satellite-based augmentation system (SBAS) is a navigation system that improves the precision and integrity of GNSS signals, including GPS and the Global Positioning System (GLONASS). SBAS uses a network of ground-based reference stations to broadcast additional data, which is then relayed to user receivers via geostationary satellites. The users can fix positional mistakes brought on by air disturbances, satellite clock and orbit issues, and other elements that alter GNSS signals thanks to this additional information.
According to the Federal Aviation Administration (FAA), a U.S.-based government agency and regulatory body of civil aviation and surrounding international waters, there are currently 4,099 published LPVs serving 1,979 airports. It also stated that its plans to add more LPVs to qualified runways.
Market Dynamics:
Driver:
Rising applications of localizer performance with vertical guidance (LPV)
An airport approach technique used by aircraft is called Localizer Performance with Vertical Guidance (LPV). During the last stages of the approach, the precision approach uses a combination of satellite-based navigation technology and ground-based navigation aids to guide flights both laterally and vertically. Additionally, more LPV usage by airport authorities may be a result of increased air traffic and enhanced air transport infrastructure. Growing airport modernization and development initiatives have improved the effectiveness and accessibility of air travel, increasing the number of passengers that fly, which is helping the market. Globalisation and economic development in poorer nations will further fuel the market for satellite-based augmentation systems.
Restraint:
Lack of skilled workforce
SBAS requires a team of professionals with a wide range of expertise, including understanding of the system specifically and expertise in satellite navigation, geodesy, and other related subjects. However, there is a lack of qualified workers in this industry, which can result in a high staff turnover rate and make it challenging to run and maintain the system efficiently. Due to the fact that SBAS depends on a variety of satellite components, including navigation payloads, communication transponders, and ground-based reference stations, significant market players are also experiencing supply chain issues.
Opportunity:
Increasing need for reliable and accurate operations in the aviation industry
The Global Positioning System (GPS) is extensively reliant on the aviation sector for navigation, flight planning, and air traffic management, therefore any issues with GPS might have a big impact on the sector. By giving GPS receivers more navigational data and correctional information, the method aids in reducing interference in GPS signals. Additionally, the system provides spoofing protection by adding distinctive markers to satellite-based augmentation system signals. These markers allow receivers to distinguish between genuine GEO satellite signals and signals that have been manipulated in any way.
Threat:
Technical errors to hamper market growth
Many different things, including software faults, hardware problems, or human error, can cause technical errors in systems. It involves device failure, inaccurate location information, and signal loss. Serious repercussions from these mistakes could include a loss of navigation or communication abilities. These elements are anticipated to prevent market expansion.
Covid-19 Impact
Since the COVID-19 viral epidemic, the illness has spread to nearly all of the world's nations, prompting the World Health Organisation to declare a public health emergency. The market for Satellite Based Augmentation Systems (SBAS) would be greatly impacted by the global effects of the coronavirus epidemic in 2020. Flight cancellations, travel bans, and quarantines, restaurant closures, restrictions on all indoor and outdoor events, the declaration of states of emergency in more than 40 countries, a significant slowdown in the supply chain, stock market volatility, a decline in business confidence, rising public panic, and uncertainty about the future are just a few of the effects of the COVID-19 outbreak.
The EGNOS segment is expected to be the largest during the forecast period
The EGNOS segment is estimated to have a lucrative growth, due to Chinese government and private enterprises have increased their investment activity. Chinese start-ups are developing GNSS-enhancing satellite constellations with the high-precision requirements of autonomous driving in mind, like Weilai Daohang and Geespace.
The road & rail segment is expected to have the highest CAGR during the forecast period
The road & rail segment is anticipated to witness the highest CAGR growth during the forecast period, due to the government has made significant investments in building high-speed rail networks in several regions. Additionally, as cities and populations have grown, there has been an increasing demand for roads, which has sped up the construction of road infrastructure in many nations throughout the world. This is expected to support industry growth over the coming years.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the growing use of aviation technology in nations like China, India, and Japan. Additionally, these nations are making significant investments in infrastructure development projects, such as building roads, highways, and railroads. Over the course of the projected period, these variables are anticipated to fuel demand for satellite-based augmentation systems (SBAS).
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to significant governmental investments in expanding transportation networks throughout the United States, Canada, and Mexico, as well as rising road infrastructure spending by businesses like state highway departments and agencies, municipal councils, provincial departments of transportation, the federal Department of Transportation, transit authorities, etc.
Key players in the market
Some of the key players profiled in the Satellite Based Augmentation System Market include Advanced Navigation and Positioning Corporation (ANPC) , Airbus, ComSoft VSAT Solutions GmbH, Copperchase Limited , Garmin Ltd., Honeywell International, Inc., Intelcan Technosystems, Inc., Lockheed Martin Corporation, Mitsubishi, Northrop Grumman Corporation, Raytheon Company, Rockwell Collins, Inc., SAAB AB, Searidge Technologies Inc., SES, Space Systems Loral, Thales Group and Universal Avionics System Corporation.
Key Developments:
In December 2022, Airbus S.E, a Netherlands-based Aerospace Corporation, has passed the System Critical Design Review (CDR) for the satellite based enhanced system EGNOS V3 (European Geostationary Navigation Overlay Service) which is developed to add critical safety features to the most safety-critical applications, including aircraft navigation and landing and to provide sea and land users with entirely new services. EGNOS V3 is the 2nd generation of the overlay system and improves the performance of GPS and Galileo.
In September 2022, Raytheon Intelligence & Space, a subsidiary of Raytheon Technologies, has been awarded a WAAS DFO-2 contract by the Federal Aviation Administration, a U.S.-based government agency and regulatory body of civil aviation and surrounding international waters with a ceiling value of USD 375 million over the next ten years, to provide technical refresh and Dual Frequency Operation (DFO) upgrades to the FAA's Wide-Area Augmentation System (WAAS).
In June 2022, Thales Alenia Space has signed a new contract with the E.U. Space Program Agency (EUSPA) to develop, certify, and deploy a new version of the European Geostationary Navigation Overlay Service (EGNOS). Thales Alenia Space reached a new milestone in its Galileo program by integrating a new satellite into Galileo's Ground Mission Segment (GMS). This will improve location services for 3.3 billion users.
In April 2022, The Indian Ministry of Civil Aviation announced that the Airports Authority of India (AAI) has successfully conducted trials applying the latest technology derived from its proprietary satellite based augmentation system 'SBAS' called GAGAN (GPS Aided GEO Augmented Navigation) at Kishangarh Airport in Rajasthan. InterGlobe Aviation Ltd. (IndiGo) flew an aircraft using Instrument Approach Procedure (IAP) with an LPV minimum of 250 feet using the GAGAN service.
Types Covered:
• Wide Area Augmentation System (WAAS)
• European Geostationary Navigation Overlay Service (EGNOS)
• MTSAT Satellite Augmentation System (MSAS)
• GPS Aided GEO Augmented Navigation (GAGAN)
• System for Differential Corrections and Monitoring (SDCM)
• Other Types
Applications Covered:
• Aviation
• Maritime
• Road & Rail
• Other Applications
Sales Channels Covered:
• Aftermarket
• Manufacturer/Distributor/Service Provider
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Satellite Based Augmentation Systems (SBAS) Market, By Type
5.1 Introduction
5.2 Wide Area Augmentation System (WAAS)
5.3 European Geostationary Navigation Overlay Service (EGNOS)
5.4 MTSAT Satellite Augmentation System (MSAS)
5.5 GPS Aided GEO Augmented Navigation (GAGAN)
5.6 System for Differential Corrections and Monitoring (SDCM)
5.7 Other Types
6 Global Satellite Based Augmentation Systems (SBAS) Market, By Application
6.1 Introduction
6.2 Aviation
6.3 Maritime
6.4 Road & Rail
6.5 Other Applications
7 Global Satellite Based Augmentation Systems (SBAS) Market, By Sales Channel
7.1 Introduction
7.2 Aftermarket
7.3 Manufacturer/Distributor/Service Provider
8 Global Satellite Based Augmentation Systems (SBAS) Market, By Geography
8.1 Introduction
8.2 North America
8.2.1 US
8.2.2 Canada
8.2.3 Mexico
8.3 Europe
8.3.1 Germany
8.3.2 UK
8.3.3 Italy
8.3.4 France
8.3.5 Spain
8.3.6 Rest of Europe
8.4 Asia Pacific
8.4.1 Japan
8.4.2 China
8.4.3 India
8.4.4 Australia
8.4.5 New Zealand
8.4.6 South Korea
8.4.7 Rest of Asia Pacific
8.5 South America
8.5.1 Argentina
8.5.2 Brazil
8.5.3 Chile
8.5.4 Rest of South America
8.6 Middle East & Africa
8.6.1 Saudi Arabia
8.6.2 UAE
8.6.3 Qatar
8.6.4 South Africa
8.6.5 Rest of Middle East & Africa
9 Key Developments
9.1 Agreements, Partnerships, Collaborations and Joint Ventures
9.2 Acquisitions & Mergers
9.3 New Product Launch
9.4 Expansions
9.5 Other Key Strategies
10 Company Profiling
10.1 Advanced Navigation and Positioning Corporation (ANPC)
10.2 Airbus
10.3 ComSoft VSAT Solutions GmbH
10.4 Copperchase Limited
10.5 Garmin Ltd.
10.6 Honeywell International, Inc.
10.7 Intelcan Technosystems, Inc.
10.8 Lockheed Martin Corporation
10.9 Mitsubishi
10.10 Northrop Grumman Corporation
10.11 Raytheon Company
10.12 Rockwell Collins, Inc.
10.13 SAAB AB
10.14 Searidge Technologies Inc.
10.15 SES
10.16 Space Systems Loral
10.17 Thales Group
10.18 Universal Avionics System Corporation
List of Tables
1 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Region (2020-2028) ($MN)
2 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Type (2020-2028) ($MN)
3 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Wide Area Augmentation System (WAAS) (2020-2028) ($MN)
4 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By European Geostationary Navigation Overlay Service (EGNOS) (2020-2028) ($MN)
5 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By MTSAT Satellite Augmentation System (MSAS) (2020-2028) ($MN)
6 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By GPS Aided GEO Augmented Navigation (GAGAN) (2020-2028) ($MN)
7 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By System for Differential Corrections and Monitoring (SDCM) (2020-2028) ($MN)
8 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Types (2020-2028) ($MN)
9 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Application (2020-2028) ($MN)
10 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aviation (2020-2028) ($MN)
11 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Maritime (2020-2028) ($MN)
12 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Road & Rail (2020-2028) ($MN)
13 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Applications (2020-2028) ($MN)
14 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Sales Channel (2020-2028) ($MN)
15 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aftermarket (2020-2028) ($MN)
16 Global Satellite Based Augmentation Systems (SBAS) Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
17 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Country (2020-2028) ($MN)
18 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Type (2020-2028) ($MN)
19 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Wide Area Augmentation System (WAAS) (2020-2028) ($MN)
20 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By European Geostationary Navigation Overlay Service (EGNOS) (2020-2028) ($MN)
21 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By MTSAT Satellite Augmentation System (MSAS) (2020-2028) ($MN)
22 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By GPS Aided GEO Augmented Navigation (GAGAN) (2020-2028) ($MN)
23 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By System for Differential Corrections and Monitoring (SDCM) (2020-2028) ($MN)
24 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Types (2020-2028) ($MN)
25 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Application (2020-2028) ($MN)
26 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aviation (2020-2028) ($MN)
27 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Maritime (2020-2028) ($MN)
28 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Road & Rail (2020-2028) ($MN)
29 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Applications (2020-2028) ($MN)
30 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Sales Channel (2020-2028) ($MN)
31 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aftermarket (2020-2028) ($MN)
32 North America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
33 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Country (2020-2028) ($MN)
34 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Type (2020-2028) ($MN)
35 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Wide Area Augmentation System (WAAS) (2020-2028) ($MN)
36 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By European Geostationary Navigation Overlay Service (EGNOS) (2020-2028) ($MN)
37 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By MTSAT Satellite Augmentation System (MSAS) (2020-2028) ($MN)
38 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By GPS Aided GEO Augmented Navigation (GAGAN) (2020-2028) ($MN)
39 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By System for Differential Corrections and Monitoring (SDCM) (2020-2028) ($MN)
40 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Types (2020-2028) ($MN)
41 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Application (2020-2028) ($MN)
42 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aviation (2020-2028) ($MN)
43 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Maritime (2020-2028) ($MN)
44 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Road & Rail (2020-2028) ($MN)
45 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Applications (2020-2028) ($MN)
46 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Sales Channel (2020-2028) ($MN)
47 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aftermarket (2020-2028) ($MN)
48 Europe Satellite Based Augmentation Systems (SBAS) Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
49 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Country (2020-2028) ($MN)
50 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Type (2020-2028) ($MN)
51 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Wide Area Augmentation System (WAAS) (2020-2028) ($MN)
52 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By European Geostationary Navigation Overlay Service (EGNOS) (2020-2028) ($MN)
53 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By MTSAT Satellite Augmentation System (MSAS) (2020-2028) ($MN)
54 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By GPS Aided GEO Augmented Navigation (GAGAN) (2020-2028) ($MN)
55 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By System for Differential Corrections and Monitoring (SDCM) (2020-2028) ($MN)
56 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Types (2020-2028) ($MN)
57 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Application (2020-2028) ($MN)
58 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aviation (2020-2028) ($MN)
59 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Maritime (2020-2028) ($MN)
60 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Road & Rail (2020-2028) ($MN)
61 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Applications (2020-2028) ($MN)
62 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Sales Channel (2020-2028) ($MN)
63 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aftermarket (2020-2028) ($MN)
64 Asia Pacific Satellite Based Augmentation Systems (SBAS) Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
65 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Country (2020-2028) ($MN)
66 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Type (2020-2028) ($MN)
67 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Wide Area Augmentation System (WAAS) (2020-2028) ($MN)
68 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By European Geostationary Navigation Overlay Service (EGNOS) (2020-2028) ($MN)
69 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By MTSAT Satellite Augmentation System (MSAS) (2020-2028) ($MN)
70 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By GPS Aided GEO Augmented Navigation (GAGAN) (2020-2028) ($MN)
71 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By System for Differential Corrections and Monitoring (SDCM) (2020-2028) ($MN)
72 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Types (2020-2028) ($MN)
73 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Application (2020-2028) ($MN)
74 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aviation (2020-2028) ($MN)
75 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Maritime (2020-2028) ($MN)
76 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Road & Rail (2020-2028) ($MN)
77 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Applications (2020-2028) ($MN)
78 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Sales Channel (2020-2028) ($MN)
79 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aftermarket (2020-2028) ($MN)
80 South America Satellite Based Augmentation Systems (SBAS) Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
81 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Country (2020-2028) ($MN)
82 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Type (2020-2028) ($MN)
83 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Wide Area Augmentation System (WAAS) (2020-2028) ($MN)
84 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By European Geostationary Navigation Overlay Service (EGNOS) (2020-2028) ($MN)
85 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By MTSAT Satellite Augmentation System (MSAS) (2020-2028) ($MN)
86 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By GPS Aided GEO Augmented Navigation (GAGAN) (2020-2028) ($MN)
87 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By System for Differential Corrections and Monitoring (SDCM) (2020-2028) ($MN)
88 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Types (2020-2028) ($MN)
89 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Application (2020-2028) ($MN)
90 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aviation (2020-2028) ($MN)
91 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Maritime (2020-2028) ($MN)
92 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Road & Rail (2020-2028) ($MN)
93 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Other Applications (2020-2028) ($MN)
94 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Sales Channel (2020-2028) ($MN)
95 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Aftermarket (2020-2028) ($MN)
96 Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Outlook, By Manufacturer/Distributor/Service Provider (2020-2028) ($MN)
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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