DUBLIN, Jan. 22, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/kmnsdv/global) has announced the addition of the "Global Satellite-Based Augmentation Systems 2016-2020" report to their offering.
The report forecasts that the global satellite-based augmentation system market will grow at a CAGR of 5.2% during the period 2016-2020.
Along with the modernization of airports and upgrade from ground-based to satellite-based systems, aircraft also need to be retrofitted with new ATC equipment. Considering the large fleet of aircraft already in operation globally, retrofitting of aircraft for new ATC equipment will likely propel the global satellite-based augmentation system market in the future as well.
According to the report, it is necessary to maximize the utilization of the available airspace in a safe and efficient manner. The aviation industry requires substantial investment and improvement in ATC systems. There have been several such activities worldwide in the upgrade of ATC infrastructure. Such efforts have helped the growth of the global satellite-based augmentation system market.
Further, the report states that the high cost of acquisition and the maintenance of a modern ATC system is one of the hurdles for the wide-scale implementation of satellite-based augmentation systems.
Key questions answered in this report:
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Rockwell Collins
- Universal Avionics
Other prominent vendors:
- Advanced Navigation & Positioning
- Honeywell International
- Intelcan Technosystems
- Lockheed Martin
- Northrop Grumman
- Saab AB
- Searidge Technologies
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Global aerospace and defense supply chain system
PART 07: Global aerospace and defense value chain system
PART 08: Geographical segmentation
PART 09: Key leading countries
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/kmnsdv/global
Laura Wood, +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets