$697 Million Worldwide Satellite-Based Augmentation Systems Industry to 2027 - Impact of COVID-19 on the Market - ResearchAndMarkets.com

DUBLIN--()--The "Satellite-Based Augmentation Systems - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

The publisher brings years of research experience to this 9th edition of the report. The 109-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Global Satellite-Based Augmentation Systems Market to Reach US$697.6 Million by the Year 2027

Amid the COVID-19 crisis, the global market for Satellite-Based Augmentation Systems estimated at US$507.8 Million in the year 2020, is projected to reach a revised size of US$697.6 Million by 2027, growing at a CAGR of 4.6% over the period 2020-2027.

The U.S. Accounts for Over 29.5% of Global Market Size in 2020, While China is Forecast to Grow at a 4.4% CAGR for the Period of 2020-2027

The Satellite-Based Augmentation Systems market in the U.S. is estimated at US$149.6 Million in the year 2020. The country currently accounts for a 29.46% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$123.8 Million in the year 2027 trailing a CAGR of 4.4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 3.9% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.4% CAGR while Rest of European market (as defined in the study) will reach US$123.8 Million by the year 2027.

Competitors identified in this market include, among others

  • Advanced Navigation and Positioning Corporation (ANPC)
  • ComSoft VSAT Solutions GmbH
  • Copperchase Limited
  • Garmin Ltd.
  • Honeywell International, Inc.
  • Intelcan Technosystems, Inc.
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Raytheon Company
  • Rockwell Collins, Inc.
  • SAAB AB
  • Searidge Technologies Inc.
  • Thales Group
  • Universal Avionics System Corporation

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Global Competitor Market Shares
  • Satellite-Based Augmentation Systems Competitor Market Share Scenario Worldwide (in %): 2019 & 2025
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

Total Companies Profiled: 47

For more information about this report visit https://www.researchandmarkets.com/r/o79gv2

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900