This report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
The satellite-based global navigation satellite system (GNSS) augmentation system market size has grown strongly in recent years. It will grow from $12.25 billion in 2024 to $13.41 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to growing aviation industry, growing demand for precise navigation, expansion of precision agriculture, increasing air traffic and aviation safety concerns, growing application.
The satellite-based global navigation satellite system (GNSS) augmentation system market size is expected to see strong growth in the next few years. It will grow to $19.09 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to increasing demand for GNSS systems, expansion of SBAS market, application of GNSS, increasing frequency of air travel. Major trends in the forecast period include product developments, technological advancements, integration of multiple GNSS constellations, rise of next-generation SBAS, advancements in integrity monitoring.
The growing aviation industry is expected to propel the growth of the satellite-based global navigation satellite system (GNSS) augmentation system market going forward. The aviation industry refers to the collective business activities and infrastructure related to the design, manufacturing, operation, and maintenance of aircraft. The aviation industry is growing due to a combination of demographic, economic factors. Satellite navigation through augmentation systems will assist pilots in all flight phases, from taxing to take-off, en-route flying, and landing, as it improves the accuracy of position, velocity, and time information provided by satellite navigation signals. GNSS augmentation systems enhance the integrity of position information, reducing the risk of errors and providing pilots with more reliable navigation data. For instance, in September 2023, according to the International Air Transport Association, a Canada-based trade association, Asia-Pacific airlines saw a 105.8% increase in July 2023 traffic compared to July 2022. Therefore, the growing aviation industry is driving the growth of the satellite-based global navigation satellite system (GNSS) augmentation system market.
Major companies operating in the satellite-based global navigation satellite system (GNSS) augmentation system market are innovating new satellite positioning chip to increase their profitability in the market. A satellite positioning chip refers global navigation satellite system (GNSS) receiver, is an electronic component that receives and processes signals from satellite constellation. For instance, in January 2024, Airoha Technology Corp., a Taiwan-based technology company launched AG3335MA satellite positioning chip series. The chip series has a professional-grade GNSS receiver measurement engine with an ultra-low satellite tracking sensitivity of -167 dBm and a cold boot positioning time of just 25 seconds. It can operate reliably in extreme environments, ranging from -40 to 105 degrees Celsius. The AG3335MA series has been integrated with MediaTek's dimensity auto platform, providing comprehensive solutions and technical testing services to automotive manufacturers worldwide. It has also completed the AEC-Q100 Grade 2 reliability qualification tests for automotive applications.
In October 2023, CNH Industrial N.V., a UK-based agricultural machinery company acquired Hemisphere GNSS for a deal amount of $175 million. The acquisition is intended to improve CNH Industrial's automation and autonomy technology stack and bolster its precision solutions. CNH Industrial hopes to integrate Hemisphere's technology with its equipment, expedite the development of a wide range of precision solutions, and give customers instant benefits by bringing Hemisphere GNSS's core satellite navigation technology in-house. Hemisphere GNSS is a US-based satellite company that operates in GNSS augmentation.
Major companies operating in the satellite-based global navigation satellite system (GNSS) augmentation system market are Mitsubishi Corporation, Raytheon Technologies Corporation, Lockheed martin corporation, Airbus S.E, Northrop Grumman, Honeywell International Inc., BAE Systems plc, Boeing Satellite Systems International, Thales Group, L3Harris Technologies Inc., Leidos Holdings Inc., Space Exploration Technologies Corp. (SpaceX), Intelsat, SES S.A., Eutelsat Communications, Space Systems Loral, Telesat, cobham plc, Universal Avionics Systems Corporation, GeoOptics Inc., Deimos Imaging, Grintex India Limited, QinetiQ Group plc, Novatel Aerospace, Trust Precision Engineering Co Ltd.
North America was the largest region in the satellite-based global navigation satellite system (GNSS) augmentation system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite-based global navigation satellite system (GNSS) augmentation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satellite-based global navigation satellite system (GNSS) augmentation system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The satellite-based global navigation satellite system (GNSS) augmentation system market consists of sales of correction signals, satellite-based augmentation system (SBAS) products, ground-based augmentation system (GBAS) products, and regional navigation satellite system (RNSS) products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The satellite-based global navigation satellite system (GNSS) augmentation system typically refers to systems that enhance the performance, accuracy, and reliability of existing GNSS signals through the use of additional satellites or ground-based infrastructure. These systems provide correction data and supplementary information to improve the overall accuracy and integrity of satellite-based positioning services.
The main solutions of satellite-based global navigation satellite system (GNSS) augmentation systems are satellite-based augmentation systems payload, reference station, uplink station, and others. Satellite-based augmentation Systems Payload refers to the equipment and instruments on board a satellite that is specifically designed and dedicated to supporting a satellite-based augmentation system (SBAS). It is used in different platforms such as wide area augmentation system, European geostationary navigation overlay service, and others, and it used in aviation, maritime, road and rail, and others.
The main solutions of satellite-based global navigation satellite system (GNSS) augmentation systems are satellite-based augmentation systems payload, reference station, uplink station, and others. Satellite-based augmentation Systems Payload refers to the equipment and instruments on board a satellite that is specifically designed and dedicated to supporting a satellite-based augmentation system (SBAS). It is used in different platforms such as wide area augmentation system, European geostationary navigation overlay service, and others, and it used in aviation, maritime, road and rail, and others.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The satellite-based global navigation satellite system (GNSS) augmentation system market size has grown strongly in recent years. It will grow from $12.25 billion in 2024 to $13.41 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to growing aviation industry, growing demand for precise navigation, expansion of precision agriculture, increasing air traffic and aviation safety concerns, growing application.
The satellite-based global navigation satellite system (GNSS) augmentation system market size is expected to see strong growth in the next few years. It will grow to $19.09 billion in 2029 at a compound annual growth rate (CAGR) of 9.2%. The growth in the forecast period can be attributed to increasing demand for GNSS systems, expansion of SBAS market, application of GNSS, increasing frequency of air travel. Major trends in the forecast period include product developments, technological advancements, integration of multiple GNSS constellations, rise of next-generation SBAS, advancements in integrity monitoring.
The growing aviation industry is expected to propel the growth of the satellite-based global navigation satellite system (GNSS) augmentation system market going forward. The aviation industry refers to the collective business activities and infrastructure related to the design, manufacturing, operation, and maintenance of aircraft. The aviation industry is growing due to a combination of demographic, economic factors. Satellite navigation through augmentation systems will assist pilots in all flight phases, from taxing to take-off, en-route flying, and landing, as it improves the accuracy of position, velocity, and time information provided by satellite navigation signals. GNSS augmentation systems enhance the integrity of position information, reducing the risk of errors and providing pilots with more reliable navigation data. For instance, in September 2023, according to the International Air Transport Association, a Canada-based trade association, Asia-Pacific airlines saw a 105.8% increase in July 2023 traffic compared to July 2022. Therefore, the growing aviation industry is driving the growth of the satellite-based global navigation satellite system (GNSS) augmentation system market.
Major companies operating in the satellite-based global navigation satellite system (GNSS) augmentation system market are innovating new satellite positioning chip to increase their profitability in the market. A satellite positioning chip refers global navigation satellite system (GNSS) receiver, is an electronic component that receives and processes signals from satellite constellation. For instance, in January 2024, Airoha Technology Corp., a Taiwan-based technology company launched AG3335MA satellite positioning chip series. The chip series has a professional-grade GNSS receiver measurement engine with an ultra-low satellite tracking sensitivity of -167 dBm and a cold boot positioning time of just 25 seconds. It can operate reliably in extreme environments, ranging from -40 to 105 degrees Celsius. The AG3335MA series has been integrated with MediaTek's dimensity auto platform, providing comprehensive solutions and technical testing services to automotive manufacturers worldwide. It has also completed the AEC-Q100 Grade 2 reliability qualification tests for automotive applications.
In October 2023, CNH Industrial N.V., a UK-based agricultural machinery company acquired Hemisphere GNSS for a deal amount of $175 million. The acquisition is intended to improve CNH Industrial's automation and autonomy technology stack and bolster its precision solutions. CNH Industrial hopes to integrate Hemisphere's technology with its equipment, expedite the development of a wide range of precision solutions, and give customers instant benefits by bringing Hemisphere GNSS's core satellite navigation technology in-house. Hemisphere GNSS is a US-based satellite company that operates in GNSS augmentation.
Major companies operating in the satellite-based global navigation satellite system (GNSS) augmentation system market are Mitsubishi Corporation, Raytheon Technologies Corporation, Lockheed martin corporation, Airbus S.E, Northrop Grumman, Honeywell International Inc., BAE Systems plc, Boeing Satellite Systems International, Thales Group, L3Harris Technologies Inc., Leidos Holdings Inc., Space Exploration Technologies Corp. (SpaceX), Intelsat, SES S.A., Eutelsat Communications, Space Systems Loral, Telesat, cobham plc, Universal Avionics Systems Corporation, GeoOptics Inc., Deimos Imaging, Grintex India Limited, QinetiQ Group plc, Novatel Aerospace, Trust Precision Engineering Co Ltd.
North America was the largest region in the satellite-based global navigation satellite system (GNSS) augmentation system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the satellite-based global navigation satellite system (GNSS) augmentation system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the satellite-based global navigation satellite system (GNSS) augmentation system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The satellite-based global navigation satellite system (GNSS) augmentation system market consists of sales of correction signals, satellite-based augmentation system (SBAS) products, ground-based augmentation system (GBAS) products, and regional navigation satellite system (RNSS) products. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The satellite-based global navigation satellite system (GNSS) augmentation system typically refers to systems that enhance the performance, accuracy, and reliability of existing GNSS signals through the use of additional satellites or ground-based infrastructure. These systems provide correction data and supplementary information to improve the overall accuracy and integrity of satellite-based positioning services.
The main solutions of satellite-based global navigation satellite system (GNSS) augmentation systems are satellite-based augmentation systems payload, reference station, uplink station, and others. Satellite-based augmentation Systems Payload refers to the equipment and instruments on board a satellite that is specifically designed and dedicated to supporting a satellite-based augmentation system (SBAS). It is used in different platforms such as wide area augmentation system, European geostationary navigation overlay service, and others, and it used in aviation, maritime, road and rail, and others.
The main solutions of satellite-based global navigation satellite system (GNSS) augmentation systems are satellite-based augmentation systems payload, reference station, uplink station, and others. Satellite-based augmentation Systems Payload refers to the equipment and instruments on board a satellite that is specifically designed and dedicated to supporting a satellite-based augmentation system (SBAS). It is used in different platforms such as wide area augmentation system, European geostationary navigation overlay service, and others, and it used in aviation, maritime, road and rail, and others.
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market Characteristics3. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market Trends and Strategies4. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, Covid and Recovery on the Market32. Global Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market34. Recent Developments in the Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
5. Global Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Growth Analysis and Strategic Analysis Framework
6. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market Segmentation
7. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market Regional and Country Analysis
8. Asia-Pacific Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
9. China Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
10. India Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
11. Japan Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
12. Australia Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
13. Indonesia Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
14. South Korea Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
15. Western Europe Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
16. UK Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
17. Germany Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
18. France Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
19. Italy Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
20. Spain Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
21. Eastern Europe Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
22. Russia Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
23. North America Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
24. USA Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
25. Canada Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
26. South America Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
27. Brazil Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
28. Middle East Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
29. Africa Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market
30. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market Competitive Landscape and Company Profiles
31. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market Other Major and Innovative Companies
35. Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on satellite-based global navigation satellite system (gnss) augmentation system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for satellite-based global navigation satellite system (gnss) augmentation system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The satellite-based global navigation satellite system (gnss) augmentation system market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) By Solution: Satellite-Based Augmentation Systems Payload; Reference Station; Uplink Station; Other Solution2) By Platform: Wide Area Augmentation System; European Geostationary Navigation Overlay Service; Other Platforms
3) By Application: Aviation; Maritime; Road And Rail; Others
Subsegments:
1) By Satellite-Based Augmentation Systems Payload: Geostationary Satellite Payloads; Low Earth Orbit Satellite Payloads2) By Reference Station: Ground-Based Reference Stations; Networked Reference Stations
3) By Uplink Station: Uplink Antennas; Control And Monitoring Equipment
4) By Other Solution: Integration Services; Data Processing Services; Maintenance And Support Services
Key Companies Mentioned: Mitsubishi Corporation; Raytheon Technologies Corporation; Lockheed martin corporation; Airbus S.E; Northrop Grumman
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Satellite-Based Global Navigation Satellite System (GNSS) Augmentation System market report include:- Mitsubishi Corporation
- Raytheon Technologies Corporation
- Lockheed martin corporation
- Airbus S.E
- Northrop Grumman
- Honeywell International Inc.
- BAE Systems plc
- Boeing Satellite Systems International
- Thales Group
- L3Harris Technologies Inc.
- Leidos Holdings Inc.
- Space Exploration Technologies Corp. (SpaceX)
- Intelsat
- SES S.A.
- Eutelsat Communications
- Space Systems Loral
- Telesat
- cobham plc
- Universal Avionics Systems Corporation
- GeoOptics Inc.
- Deimos Imaging
- Grintex India Limited
- QinetiQ Group plc
- Novatel Aerospace
- Trust Precision Engineering Co Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | March 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 13.41 Billion |
Forecasted Market Value ( USD | $ 19.09 Billion |
Compound Annual Growth Rate | 9.2% |
Regions Covered | Global |
No. of Companies Mentioned | 25 |