The Future of Automatic Dependent Surveillance Broadcast (ADS-B) Market in the forecast period (2020-2025) as predicted by Stratview Research

The report on Automatic Dependent Surveillance Broadcast (ADS-B) to be published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2020 – 2025

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The Market is Segmented by Type (On-Board (Platform), ADS-B Ground Stations), by Application Type (Terminal Manoeuvring Airspace (TMA) Surveillance, Airborne Surveillance), by Fit Type (Linefit, Retrofit), by Component Type (Transponder, Receiver, Antenna, and ADS-B Ground Receivers), by Platform Type (Fixed Wing, Rotary Wing), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).
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Type Segment
Based on the type, the market is segmented as ADS-B Out, ADS-B In, and ADS-B ground stations. The ADS-B In segment is estimated to register the highest growth during the forecast. This growth is mainly attributed to the additional safety features and situational cognizance that ADS-B In provides to aircraft pilots.

Application Type Segment
Based on the application type, the market is segmented as Terminal Manoeuvring Airspace (TMA) Surveillance and Airborne Surveillance. The TMA surveillance segment held the largest share of the market in 2018. TMA surveillance comprises services such as Non-Radar Airspace (NRA) Surveillance, Radar Airspace (RAD) Surveillance, and On Airport Surface (APT) Surveillance. Mounting airspace overcrowding and the rising demand for construction of new airports have ushered in the development of efficient and safe TMA surveillance systems.

Region Wise Segment
In terms of regions, North America is estimated to dominate the ADS-B market during the forecast period, owing to the FAA mandate for ADS-B installation on all aircraft and the regional presence of component integrators, Original Equipment Manufacturers (OEMs), and subcomponent manufacturers. These factors are propelling the growth of the North American ADS-B market. Giant aircraft manufacturers have already incorporated ADS-B in their new manufactured aircraft as a forward fit option. Further, other aircraft owners are retrofitting ADS-B systems onboard their aircraft. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

Check the Table of Contents to browse through the report better: https://www.stratviewresearch.com/toc/635/automatic-dependent-surveillance-broadcast-market.html

Highlights of the Report:
Automatic dependent surveillance broadcast market is likely to witness an impressive CAGR of 22.2% during the forecast period. Implementation of ADS-B in aircraft attends to one of the most contributing factors underpinning the growth of the global ADS-B market. Upgradations in air traffic management infrastructure and development of new airports worldwide are the add-on factors fueling the demand for ADS-B. Rising volume of UAVs in airspace has further triggered off the need for integrating unmanned aerial vehicles equipped with air traffic control systems, which, in turn, is expected to drive the growth of the ADS-B market during the forecast period.

Some of the major players in the automatic dependent surveillance broadcast market are Aspen Avionics, Inc., Avidyne Corporation, Esterline Technologies Corporation, FreeFlight Systems, Inc., Garmin Ltd., Harris Corporation, Honeywell International, Inc., Indra Sistemas, S.A., L-3 Technologies, Inc., and Rockwell Collins, Inc.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

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