Satellite-based Augmentation Systems Market

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

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn006915009 Published Date: September, 2025 Updated Date: October, 2025

Satellite-Based Augmentation Systems Market Overview

Satellite-Based Augmentation Systems Market (USD Million)

Satellite-Based Augmentation Systems Market was valued at USD 610.00 million in the year 2024. The size of this market is expected to increase to USD 835.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.


Satellite-based Augmentation Systems Market

*Market size in USD million

CAGR 4.6 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.6 %
Market Size (2024)USD 610.00 Million
Market Size (2031)USD 835.70 Million
Market ConcentrationHigh
Report Pages351
610.00
2024
835.70
2031

Major Players

  • Raytheon Company
  • Thales Group
  • Lockheed Martin Corporation
  • Garmin Ltd.
  • Honeywell International Inc.
  • NovAtel Inc. (a subsidiary of Hexagon)
  • Trimble Inc.
  • Topcon Positioning Systems, Inc.
  • Advanced Navigation & Positioning Corporation
  • MITSUBISHI ELECTRIC CORPORATION

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Satellite-based Augmentation Systems Market

Fragmented - Highly competitive market without dominant players


The Satellite-Based Augmentation Systems (SBAS) Market is gaining momentum as industries demand enhanced navigation accuracy, reliability, and integrity. More than 55% of aviation and maritime operations are now supported by SBAS solutions, reflecting their importance in ensuring safe and precise positioning.

Market Growth Drivers
One of the primary growth factors is the rising adoption of GNSS-enabled applications across transportation, defense, and agriculture. Reports indicate that over 48% of organizations deploy SBAS solutions to improve operational safety and reduce risks associated with positioning errors.

Technological Innovations
Continuous advancements in satellite constellations, signal processing, and ground infrastructure are fueling the expansion of SBAS. Approximately 42% of new satellite navigation projects now integrate augmentation systems to enhance performance and ensure precise coverage.

Future Outlook
The Satellite-Based Augmentation Systems Market is set for significant growth, with over 60% of stakeholders planning investments in advanced positioning technologies. Collaboration between space agencies, government bodies, and private enterprises will continue to drive innovation, expand applications, and boost adoption worldwide.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Platform
    2. Market Snapshot, By Solution
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Satellite-Based Augmentation Systems Market
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Demand for Precise Navigation Solutions
        2. Technological Advancements in Satellite-Based Positioning Systems
        3. Growing Adoption of Autonomous Vehicles
        4. Government Initiatives and Investments
      2. Restraints
        1. Initial Implementation Costs
        2. Spectrum Congestion and Interference Issues
        3. Limited Coverage in Remote Regions
      3. Opportunities
        1. Expansion in Emerging Markets
        2. Integration with IoT and AI Technologies
        3. Development of Next-Generation SBAS Solutions
        4. Collaborations and Partnerships for Enhanced Service Delivery
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Satellite-based Augmentation Systems Market, By Platform, 2021 - 2031 (USD Million)
      1. WAAS
      2. EGNOS
      3. BDSBAS
      4. Others
    2. Satellite-based Augmentation Systems Market, By Solution, 2021 - 2031 (USD Million)
      1. SBAS Payload
      2. Reference Station
      3. Uplink Station
      4. Others
    3. Satellite-based Augmentation Systems Market, By Application, 2021 - 2031 (USD Million)
      1. Aviation
      2. Maritime
      3. Road & Rail
      4. Others
    4. Satellite-Based Augmentation Systems Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Raytheon Technologies Corporation
      2. Lockheed Martin Corporation
      3. Thales Group
      4. Northrop Grumman Corporation
      5. Honeywell International Inc.
      6. Airbus SE
      7. General Dynamics Corporation
      8. Trimble Inc.
      9. Garmin Ltd.
      10. Cobham Limited
      11. SES S.A.
      12. Inmarsat Global Limited
      13. Iridium Communications Inc.
      14. SpaceX
      15. Boeing Company
  7. Analyst Views
  8. Future Outlook of the Market