Global Ground-Based Augmentation Systems 2016-2020

Market outlook of the global ground-based augmentation system market

The global market for ground-based augmentation systems is anticipated to exhibit steady growth over the forecast period and is positively influenced by the recent increase in the global air traffic. This recent rise in the global air traffic is expected to lure investments towards modernizing and upgrading airports, which in turn results in this market’s healthy CAGR of approximately 9% by 2020.

Growing investments in smart airports is the key driver for the growth of this market. Smart airports increase the efficiency and profitability of airports, even during volatile economic conditions and fluctuating prices. The ability of these airports to provide high-speed broadband traffic throughout the airport by enabling real-time data exchange and airport-wide integration is anticipated to result in market growth during the forecast period.

Geographical segmentation of the ground-based augmentation system market

• Americas
• APAC
• EMEA

Technavio market research analysts have estimated the EMEA region to account for an impressive market share of more than 77% by 2020. An important factor that propels market growth in this region during the forecast period is the rising need to upgrade the technology for landing systems.

Competitive landscape and key vendors

The global market for ground-based augmentation systems is highly competitive due to the presence of well-established vendors like Honeywell International and Rockwell Collins. In this market, the vendors compete on the basis of cost, product quality, reliability, and aftermarket services to gain a competitive edge over their rivals. Vendors that can provide cost-effective, high-quality landing systems with latest technology and materials are expected to survive successfully in this market during the forecast period.  

Leading vendors in this market are -

• Honeywell Aerospace
• Indra Navia
• NEC
• Northrop Grumman
• Thales

The other prominent vendors of the market include ADB Airfield Solutions, Boeing, Raytheon, Rockwell Collins, and Saab Sensis.

Growth drivers, challenges, and upcoming trends: Ground-based augmentation systems

Upcoming trends like the integration of GPS in aircraft landing equipment are rapidly gaining popularity as they help to avoid mid-air collisions. Since traditional aircraft landing systems are known to fail from time to time, the implementation of a GPS system into the landing gear will help pilots to get the precise location of nearby air traffic. This system also results in quicker travel times with fewer delays. Additionally, the ability of such systems to increase the overall fuel efficiency of aircrafts is envisaged to result in market growth during the forecast period.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the global ground-based augmentation system market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the global ground-based augmentation system market?
• What are the key market trends impacting the growth of the global ground-based augmentation system market?
• What are the challenges to market growth?
• Who are the key vendors in the global ground-based augmentation system market?
• What are the market opportunities and threats faced by the vendors in the global ground-based augmentation system market?
• Trending factors influencing the market shares of the EMEA, Americas, and APAC?
• What are the key outcomes of the five forces analysis of the global ground-based augmentation system market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Commercial Aircraft Autopilot System Market 2015-2019
• Global Commercial Aircraft Electrical and Environmental Systems Market 2015-2019
• Global Commercial Aircraft Avionics Systems Market 2015-2019