Satellite Based Augmentation System Market Size, Share & COVID-19 Impact Analysis, By Platform (WAAS, EGNOS, BDSBAS, and Others), By Solution (SBAS Payload, Reference Station, Uplink Station, and Others), By Application (Aviation, Maritime, Road & Rail, and Others), and Regional Forecast, 2023-2030

The global satellite based augmentation system market size was valued at USD 1.28 billion in 2022 and is projected to grow from USD 1.54 billion in 2023 to USD 2.13 billion by 2030, exhibiting a CAGR of 4.74% over the forecast timeframe.

Satellite Based Augmentation System (SBAS) is a system that uses a network of ground-based reference stations and one or more satellites to provide precise positioning information. It augments the signal received from GPS or other Global Navigation Satellite Systems (GNSS) by offering corrections and integrity information that can improve the accuracy and reliability of the positioning information.

European Geostationary Navigation Overlay Service (EGNOS), Wide Area Augmentation System (WAAS) in North America, System for Differential Corrections and Monitoring (SDCM) in Russia, Multi-functional Transport Satellites (MTSAT) in Japan, and GPS-Aided GEO Augmented Navigation System (GAGAN) in India are some of the examples of satellite based augmentation systems. These systems are used in various applications such as aviation, maritime navigation, and land-based transportation.

SBAS operates by gathering positioning data from a network of ground-based reference stations, which is then sent to a central processing facility for generating corrections and integrity information for the signals received from GPS or other GNSS satellites. This corrected and integrity information is broadcasted to users on the ground via a geostationary satellite.

Users on the ground, such as aircraft, ships, or vehicles, have a SBAS receiver that can pick up the corrected signals from the geostationary satellite and the signals from the GNSS satellites. The receiver then uses the corrections and integrity information to improve the accuracy and reliability of the positioning information obtained from the GNSS satellites. The rising demand for accurate and reliable information for positioning and landing aircraft in the aviation industry is expected to boost the global market size from 2023 to 2030.

COVID-19 IMPACT

Rise in Applications of Geographic Information Systems (GIS) and GPS Positioning Data to Aid Market Augmentation 

Since the COVID-19 outbreak in December 2019, the disease spread to almost 100 countries around the globe, with the World Health Organization (WHO) declaring it a pandemic.

The impact of COVID-19 on SBAS has been relatively minimal. During the pandemic, there have been some disruptions to the operations of the ground-based reference stations and the central processing facilities due to lockdowns and travel restrictions. However, SBAS system providers have implemented measures to ensure continuity of service such as remote monitoring and maintenance of the stations and the use of backup facilities.

SBAS technology is used in several ways to support efforts to combat the COVID-19 pandemic. It is used to improve the accuracy of the Global Positioning System (GPS) for contact tracing and tracking of essential goods and medical supplies. Additionally, it is used to enhance the precision of navigation for emergency medical responders and other critical personnel. These systems are also used to support the rapid deployment of critical infrastructure such as temporary hospitals and testing centers. For instance, satellite based augmentation system of Europe, The European Geostationary Navigation Overlay Service (EGNOS) has been beneficial in supporting emergency response efforts by allowing air ambulances to land safely in remote locations with challenging weather or accessibility.

LATEST TRENDS

Technological Advancements in Satellite Based Augmentation Systems to Propel Market Proliferation

Technological advancements and product developments are key trends gaining popularity in market. Major players in the market are focusing on adopting new methods to develop and improve the integrity of the system, such as by using multiple satellites and ground stations, to provide more accurate and reliable positioning information. 

Additionally, companies are focusing on developing higher-precision service which uses multi-constellation and multi-frequency to provide centimeter level positioning accuracy. Multi-frequency support use of multiple frequency bands (such as L1, L5, and L6) in satellite based augmentation system to provide more robust and accurate positioning. Furthermore, government contracts and projects to develop and modernize satellite based augmentation systems, strategic partnerships, and collaborations are also key trends in the market.

DRIVING FACTORS

Rising Applications of Localizer Performance with Vertical Guidance (LPV) by Airport Authorities Across the Globe to Catalyze Market Growth

Localizer Performance with Vertical Guidance (LPV) is an approach procedure used by aircraft to land at an airport. It is a precision approach that uses a combination of satellite based navigation technology and ground-based navigation aids to provide aircraft with both lateral and vertical guidance during the final stages of the approach.

For instance, in December 2021, 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. 

Additionally, increasing air traffic and improved air travel infrastructure may lead to more LPV utilization by airport authorities. Growing airport development and modernization projects have made air travel more efficient and accessible, leading to an increase in the number of people traveling by air which, in turn, is aiding the market. Furthermore, economic growth in developing countries and globalization will also propel the satellite based augmentation system market growth.

Increasing Need for Reliable and Accurate Operations in the Aviation Industry to Propel Market Augmentation

The aviation industry relies heavily on Global Positioning System (GPS) for navigation, flight planning, and air traffic control, and any problems with GPS can have a significant impact on the industry. The system helps to mitigate interference in GPS signals by providing additional navigation data and correction information to GPS receivers. This improves the accuracy and reliability of GPS navigation, particularly in areas where there is a high level of interference or signal blockage.

Additionally, the system offers protection against spoofing by including unique markers in satellite based augmentation system signals, enabling receivers to determine if the signals are coming from legitimate GEO satellites or if they have been altered in any way. Furthermore, integration of this system in the aviation industry also helps in redundancy, cybersecurity, and spoofing detection, to ensure continuity of service and improve the accuracy and integrity of GPS signals. Owing to such advantages, the market is projected to boost during the forecast period.

RESTRAINING FACTORS

Lack of Skilled Workforce, Supply Chain Challenges, and Technical Errors to Hamper Market Growth

SBAS requires a team of experts with a variety of skill sets, including satellite navigation, geodesy, and other related fields, as well as specific knowledge of the system itself. However, there is a shortage of skilled personnel in this field, which can lead to a high turnover rate in the workforce and make it difficult to operate and maintain the system effectively.

Additionally, major players operating in the market are facing supply chain challenges due to shortage of raw materials as SBAS relies on a wide range of satellite components such as navigation payloads, communication transponders, and ground-based reference stations. These components must be manufactured to exacting standards and be highly reliable to ensure the system's performance.

Furthermore, technical errors in systems can occur due to a variety of factors, such as software bugs, hardware malfunctions, or human error. It includes signal loss, incorrect location data, and malfunctioning equipment. These errors can have serious consequences such as loss of communication or navigation capabilities. These factors are expected to hamper market augmentation.

SEGMENTATION

By Platform Analysis 

BDSBAS Segment is Expected to Dominate the Market Owing to Rising Investment Activities in China 

The platform segment is segmented into WAAS, EGNOS, BDSBAS, and others. The BDSBAS segment is expected to dominate the market during the forecast period owing to increase in investment activities by Chinese government and private companies. Chinese startups, such as Weilai Daohang and Geespace, are building GNSS-enhancing satellite constellations with high-precision demands of autonomous driving in mind.

The EGNOS segment is anticipated to show significant market growth during the forecast period. The growth in the segment is attributed to the increase in number of contracts and development for the launch of EGNOS. In February 2021, the 15-year EGNOS GEO-4 contract was awarded to Eutelsat, which was worth more than USD 100 million.

By Solution Analysis 

SBAS Payload Segment is Anticipated to Command the Market Owing to the Increasing Development Activities for Payload Development  

By solution, the market is divided into SBAS payload, reference stations, uplink station, and others. The SBAS payload segment dominated the market in 2022 and is projected to hold the highest CAGR during the forecast period. This is owing to the development of SBAS payloads such as southpan, BDSBAS, EGNOS, GAGAN and others.

The reference stations segment is anticipated to be the second largest market share holder owing to increase in infrastructure development of reference stations for GNSS and SBAS satellites. The SBAS satellite of EGNOS has 40 reference stations whereas BDSBAS has 27 reference stations.

By Application Analysis 

Owing to Wider Applications in Road Navigation the Road and Rail Segment Will Hold Dominant Share

The application segment is categorized into aviation, maritime, road & rail, and others. The road & rail segment is projected to dominate the market during the forecast period owing to the high application in industry sectors such as transportation, signaling, rail signaling, and others. The development of advanced rail signaling infrastructure using satellite communication is anticipated to boost the market growth.  

The maritime segment holds a significant share in the operations segment and is projected to grow moderately. The use of SBAS in maritime will improve the positioning accuracy and GPS navigation for military and commercial ships and vessels.

REGIONAL INSIGHTS

In terms of geography, the market is divided into North America, Europe, Asia Pacific, and the rest of the world.

The North America market grew significantly in 2022 and was valued USD 251.38 million in 2021. The growth in this region is attributed to the rise in R&D spending in the region for WAAS system development. Furthermore, in September 2022, Federal Aviation Administration (FAA) awarded a contract to Raytheon intelligence worth USD 375 million for the next 10 years to provide technical refresh and Dual Frequency Operation (DFO) upgrades to the FAA's Wide-Area Augmentation System, or WAAS, a space-based precision navigation system.

The satellite based augmentation system market share in Europe is anticipated to grow significantly during the forecast period. The increase in geostationary satellite launches during the study period will boost the market, thus aiding market augmentation.  

The market in Asia Pacific is one of the major emerging markets, which dominated the market share in 2022. GAGAN is India's satellite-based augmentation system, which is jointly developed by AAI and ISRO. This is the first system developed for India and its neighbors in the equatorial region. The GAGAN system was certified by DGCA in 2015 for approaches with vertical guidance (APV 1) and enroute (RNP 0.1) operation.

The rest of the world will witness substantial market growth in the near future, including Latin America and the Middle East & Africa. The rise in demand for advanced aircraft with SBAS receivers in the region is likely to boost the market growth during the forecast period.  

KEY INDUSTRY PLAYERS

Developing Advanced Solutions and Innovations in SBAS are Key Focus of Leading Players 

The competitive landscape of the global market is highly consolidated with the presence of a few key players such as Thales Group, Raytheon Technologies Corporation, Airbus S.E, Lockheed Martin Corporation, Northrop Grumman, and others. These players are focusing on developing new solutions. For instance, in October 2021, Universal Avionics (UA) announced the introduction of its FlightPartner and FlightReview applications, which can be accessed on an iPad. Initially, the applications will connect to Universal's Flight Management System (FMS) that is enabled with WAAS/SBAS through WiFi, allowing for seamless communication between the FMS and the apps as well as between the tablet and the company's cloud-based data analytics infrastructure.

LIST OF KEY COMPANIES PROFILED:

• Thales Group (France)


• Raytheon Technologies Corporation (U.S.)


• Airbus S.E (Netherlands)


• Lockheed Martin Corporation (U.S.)


• Northrop Grumman (U.S)


• Leidos Holdings, Inc. (U.S.)


• Honeywell International Inc. (U.S.)


• L3Harris Technologies Inc. (U.S.)


• Universal Avionics Systems Corporation (U.S.)


• Grintex India Limited (India)

KEY INDUSTRY DEVELOPMENTS:

• 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.


• 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).


• 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.


• 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.


• February 2021, GSA awarded a contract worth USD 121 million to Eutelsat for the development of next-gen EGNOS satellite navigation.

REPORT COVERAGE

The research report provides a detailed analysis of the market. It comprises all major aspects such as R&D capabilities and optimization of the manufacturing process. Moreover, the market analysis offers insights into the market trends and primarily highlights key industry developments. In addition to the above-mentioned factors, it mainly focuses on several factors that have contributed to the global market growth in recent years.

Report Scope & Segmentation