Global Satellite Based Augmentation Systems (SBAS) Market Growth (Status and Outlook) 2023-2029

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.

LPI (LP Information)' newest research report, the “Satellite Based Augmentation Systems (SBAS) Industry Forecast” looks at past sales and reviews total world Satellite Based Augmentation Systems (SBAS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Satellite Based Augmentation Systems (SBAS) sales for 2023 through 2029. With Satellite Based Augmentation Systems (SBAS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Satellite Based Augmentation Systems (SBAS) industry.

This Insight Report provides a comprehensive analysis of the global Satellite Based Augmentation Systems (SBAS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Satellite Based Augmentation Systems (SBAS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Satellite Based Augmentation Systems (SBAS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Satellite Based Augmentation Systems (SBAS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Satellite Based Augmentation Systems (SBAS).

The global Satellite Based Augmentation Systems (SBAS) market size is projected to grow from US$ 576.2 million in 2022 to US$ 815.3 million in 2029; it is expected to grow at a CAGR of 5.1% from 2023 to 2029.

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.

This report presents a comprehensive overview, market shares, and growth opportunities of Satellite Based Augmentation Systems (SBAS) market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    WAAS
    EGNOS
    MSAS
    GAGAN
    SDCM
    Others

Segmentation by application
    Aviation
    Maritime
    Road & Rail
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Raytheon
    Mitsubishi
    Thales
    Airbus
    SES
    Space Systems Loral

List of Tables
    Table 1. Satellite Based Augmentation Systems (SBAS) Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of WAAS
    Table 3. Major Players of EGNOS
    Table 4. Major Players of MSAS
    Table 5. Major Players of GAGAN
    Table 6. Major Players of SDCM
    Table 7. Major Players of Others
    Table 8. Satellite Based Augmentation Systems (SBAS) Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 9. Global Satellite Based Augmentation Systems (SBAS) Market Size by Type (2018-2023) & ($ Millions)
    Table 10. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2018-2023)
    Table 11. Satellite Based Augmentation Systems (SBAS) Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 12. Global Satellite Based Augmentation Systems (SBAS) Market Size by Application (2018-2023) & ($ Millions)
    Table 13. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2018-2023)
    Table 14. Global Satellite Based Augmentation Systems (SBAS) Revenue by Players (2018-2023) & ($ Millions)
    Table 15. Global Satellite Based Augmentation Systems (SBAS) Revenue Market Share by Player (2018-2023)
    Table 16. Satellite Based Augmentation Systems (SBAS) Key Players Head office and Products Offered
    Table 17. Satellite Based Augmentation Systems (SBAS) Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 18. New Products and Potential Entrants
    Table 19. Mergers & Acquisitions, Expansion
    Table 20. Global Satellite Based Augmentation Systems (SBAS) Market Size by Regions 2018-2023 & ($ Millions)
    Table 21. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Regions (2018-2023)
    Table 22. Global Satellite Based Augmentation Systems (SBAS) Revenue by Country/Region (2018-2023) & ($ millions)
    Table 23. Global Satellite Based Augmentation Systems (SBAS) Revenue Market Share by Country/Region (2018-2023)
    Table 24. Americas Satellite Based Augmentation Systems (SBAS) Market Size by Country (2018-2023) & ($ Millions)
    Table 25. Americas Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Country (2018-2023)
    Table 26. Americas Satellite Based Augmentation Systems (SBAS) Market Size by Type (2018-2023) & ($ Millions)
    Table 27. Americas Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2018-2023)
    Table 28. Americas Satellite Based Augmentation Systems (SBAS) Market Size by Application (2018-2023) & ($ Millions)
    Table 29. Americas Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2018-2023)
    Table 30. APAC Satellite Based Augmentation Systems (SBAS) Market Size by Region (2018-2023) & ($ Millions)
    Table 31. APAC Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Region (2018-2023)
    Table 32. APAC Satellite Based Augmentation Systems (SBAS) Market Size by Type (2018-2023) & ($ Millions)
    Table 33. APAC Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2018-2023)
    Table 34. APAC Satellite Based Augmentation Systems (SBAS) Market Size by Application (2018-2023) & ($ Millions)
    Table 35. APAC Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2018-2023)
    Table 36. Europe Satellite Based Augmentation Systems (SBAS) Market Size by Country (2018-2023) & ($ Millions)
    Table 37. Europe Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Country (2018-2023)
    Table 38. Europe Satellite Based Augmentation Systems (SBAS) Market Size by Type (2018-2023) & ($ Millions)
    Table 39. Europe Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2018-2023)
    Table 40. Europe Satellite Based Augmentation Systems (SBAS) Market Size by Application (2018-2023) & ($ Millions)
    Table 41. Europe Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2018-2023)
    Table 42. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size by Region (2018-2023) & ($ Millions)
    Table 43. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Region (2018-2023)
    Table 44. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size by Type (2018-2023) & ($ Millions)
    Table 45. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2018-2023)
    Table 46. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size by Application (2018-2023) & ($ Millions)
    Table 47. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2018-2023)
    Table 48. Key Market Drivers & Growth Opportunities of Satellite Based Augmentation Systems (SBAS)
    Table 49. Key Market Challenges & Risks of Satellite Based Augmentation Systems (SBAS)
    Table 50. Key Industry Trends of Satellite Based Augmentation Systems (SBAS)
    Table 51. Global Satellite Based Augmentation Systems (SBAS) Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 52. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share Forecast by Regions (2024-2029)
    Table 53. Global Satellite Based Augmentation Systems (SBAS) Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 54. Global Satellite Based Augmentation Systems (SBAS) Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 55. Raytheon Details, Company Type, Satellite Based Augmentation Systems (SBAS) Area Served and Its Competitors
    Table 56. Raytheon Satellite Based Augmentation Systems (SBAS) Product Offered
    Table 57. Raytheon Satellite Based Augmentation Systems (SBAS) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 58. Raytheon Main Business
    Table 59. Raytheon Latest Developments
    Table 60. Mitsubishi Details, Company Type, Satellite Based Augmentation Systems (SBAS) Area Served and Its Competitors
    Table 61. Mitsubishi Satellite Based Augmentation Systems (SBAS) Product Offered
    Table 62. Mitsubishi Main Business
    Table 63. Mitsubishi Satellite Based Augmentation Systems (SBAS) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 64. Mitsubishi Latest Developments
    Table 65. Thales Details, Company Type, Satellite Based Augmentation Systems (SBAS) Area Served and Its Competitors
    Table 66. Thales Satellite Based Augmentation Systems (SBAS) Product Offered
    Table 67. Thales Main Business
    Table 68. Thales Satellite Based Augmentation Systems (SBAS) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 69. Thales Latest Developments
    Table 70. Airbus Details, Company Type, Satellite Based Augmentation Systems (SBAS) Area Served and Its Competitors
    Table 71. Airbus Satellite Based Augmentation Systems (SBAS) Product Offered
    Table 72. Airbus Main Business
    Table 73. Airbus Satellite Based Augmentation Systems (SBAS) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 74. Airbus Latest Developments
    Table 75. SES Details, Company Type, Satellite Based Augmentation Systems (SBAS) Area Served and Its Competitors
    Table 76. SES Satellite Based Augmentation Systems (SBAS) Product Offered
    Table 77. SES Main Business
    Table 78. SES Satellite Based Augmentation Systems (SBAS) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 79. SES Latest Developments
    Table 80. Space Systems Loral Details, Company Type, Satellite Based Augmentation Systems (SBAS) Area Served and Its Competitors
    Table 81. Space Systems Loral Satellite Based Augmentation Systems (SBAS) Product Offered
    Table 82. Space Systems Loral Main Business
    Table 83. Space Systems Loral Satellite Based Augmentation Systems (SBAS) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 84. Space Systems Loral Latest Developments
List of Figures
    Figure 1. Satellite Based Augmentation Systems (SBAS) Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Satellite Based Augmentation Systems (SBAS) Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Satellite Based Augmentation Systems (SBAS) Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Satellite Based Augmentation Systems (SBAS) Sales Market Share by Country/Region (2022)
    Figure 8. Satellite Based Augmentation Systems (SBAS) Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type in 2022
    Figure 10. Satellite Based Augmentation Systems (SBAS) in Aviation
    Figure 11. Global Satellite Based Augmentation Systems (SBAS) Market: Aviation (2018-2023) & ($ Millions)
    Figure 12. Satellite Based Augmentation Systems (SBAS) in Maritime
    Figure 13. Global Satellite Based Augmentation Systems (SBAS) Market: Maritime (2018-2023) & ($ Millions)
    Figure 14. Satellite Based Augmentation Systems (SBAS) in Road & Rail
    Figure 15. Global Satellite Based Augmentation Systems (SBAS) Market: Road & Rail (2018-2023) & ($ Millions)
    Figure 16. Satellite Based Augmentation Systems (SBAS) in Others
    Figure 17. Global Satellite Based Augmentation Systems (SBAS) Market: Others (2018-2023) & ($ Millions)
    Figure 18. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application in 2022
    Figure 19. Global Satellite Based Augmentation Systems (SBAS) Revenue Market Share by Player in 2022
    Figure 20. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Regions (2018-2023)
    Figure 21. Americas Satellite Based Augmentation Systems (SBAS) Market Size 2018-2023 ($ Millions)
    Figure 22. APAC Satellite Based Augmentation Systems (SBAS) Market Size 2018-2023 ($ Millions)
    Figure 23. Europe Satellite Based Augmentation Systems (SBAS) Market Size 2018-2023 ($ Millions)
    Figure 24. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size 2018-2023 ($ Millions)
    Figure 25. Americas Satellite Based Augmentation Systems (SBAS) Value Market Share by Country in 2022
    Figure 26. United States Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Canada Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 28. Mexico Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 29. Brazil Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 30. APAC Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Region in 2022
    Figure 31. APAC Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type in 2022
    Figure 32. APAC Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application in 2022
    Figure 33. China Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Japan Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 35. Korea Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Southeast Asia Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 37. India Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 38. Australia Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 39. Europe Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Country in 2022
    Figure 40. Europe Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2018-2023)
    Figure 41. Europe Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2018-2023)
    Figure 42. Germany Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 43. France Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 44. UK Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Italy Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 46. Russia Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 47. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Region (2018-2023)
    Figure 48. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Type (2018-2023)
    Figure 49. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size Market Share by Application (2018-2023)
    Figure 50. Egypt Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 51. South Africa Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 52. Israel Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Turkey Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 54. GCC Country Satellite Based Augmentation Systems (SBAS) Market Size Growth 2018-2023 ($ Millions)
    Figure 55. Americas Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 56. APAC Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 57. Europe Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 58. Middle East & Africa Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 59. United States Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 60. Canada Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 61. Mexico Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 62. Brazil Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 63. China Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 64. Japan Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 65. Korea Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 66. Southeast Asia Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 67. India Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 68. Australia Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 69. Germany Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 70. France Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 71. UK Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 72. Italy Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 73. Russia Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 74. Spain Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 75. Egypt Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 76. South Africa Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 77. Israel Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 78. Turkey Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 79. GCC Countries Satellite Based Augmentation Systems (SBAS) Market Size 2024-2029 ($ Millions)
    Figure 80. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share Forecast by Type (2024-2029)
    Figure 81. Global Satellite Based Augmentation Systems (SBAS) Market Size Market Share Forecast by Application (2024-2029)

Raytheon
Mitsubishi
Thales
Airbus
SES
Space Systems Loral

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape