Automatic Dependent Surveillance-Broadcast Market Demand Scope with 18.3% of CAGR by 2027 - FreeFlight Systems, Inc., Garmin Ltd, Honeywell International Inc, Indra Sistemas, S.A, L3harris Technologies, Trig Avionics

According to the new research report titled “Automatic Dependent Surveillance-Broadcast Market Forecast to 2027 – COVID-19 Impact and Global Analysis – by Type (On-Board and Ground Stations), Application [Terminal Manoeuvring Airspace (TMA) Surveillance and Airborne Surveillance], Component (Antenna, Receiver, Transponder, and ADS-B Ground Receivers), and Geography” - published by The Insight Partners, the market is expected to reach US$ 3,020.20 million by 2027, registering a CAGR of 18.3% during 2020–2027.

The automatic dependent surveillance-broadcast (ADS-B) market operates in a highly fragmented and competitive marketplace. As leading companies in this market continue to broaden its addressable market, by expanding its current offerings, diversifying its client base, all the prominent players face an increasing level of competition, both from start-ups as well as the leading established companies in the globe. Several companies in the value chain are acquiring other players in the market to maintain their position in the market and provide efficient services to its customers. Major companies of automatic dependent surveillance-broadcast (ADS-B) providers are based in North America. However, the market is penetrating at a high growth rate in the APAC region.

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The global automatic dependent surveillance-broadcast (ADS-B) market is showcasing an upward trend over the past couple of years and is anticipated to reflect a similar trend during the forecast period. A few ADS-B mandates are getting implemented in recent time; for instance, all the aircraft operating in most of the US airspace are advised to transmit specific information through ADS−B OUT avionics. This mandate is in effect from January 1, 2020. Australia, Hong Kong, Taiwan, Vietnam, India, and the UAE are the other countries having ADS-B mandates. With increasing domestic and international air traffic, need to have ADS-B is becoming popular; therefore, countries such as New Zealand, Saudi Arabia, Mangolia, Canada, and South Africa are also introducing mandates in context to use ADS-B technique. Further, with increasing number of aircraft order and deliveries across the world coupled with mandates for using ADS-B is playing a positive role in boosting the adoption of ADS-B. Also, increasing investment to upgrade commercial airports with advanced facilities and technologies is anticipated to fuel the adoption of ADS-B. Additionally, projects approved by the aviation authorities of the countries such as the US for using ADS-B in military applications is expected to provide ample growth opportunities to the manufacturers of ADS-B during the forecast period. Also, with an emergence of portable ADS-B to save cost of manufacturing and installing the standard ADS-B is expected to contribute the market growth.

According to Boeing’s Current Market Outlook, APAC is anticipated to receive ~17,390 deliveries of commercial aircraft during 2019–2038, which, in turn, creates lucrative opportunities for ADS-B system providers. The rise in the aircraft fleet would reflect a surge in the use of ADS-B components. Moreover, several initiatives by market players are also boosting the automatic dependent surveillance-broadcast market in APAC. For instance, in 2020, SF Airlines entered into an agreement with Thales and ACSS to offer airborne ADS-B component for its fleet to develop and enhance the air traffic capacity and efficiency; this agreement was in response to the Civil Aviation Administration of China’s (CAAC’s) call for the application of ADS-B technology.

Strategic Insights

The players operating in the automatic dependent surveillance-broadcast market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

In 2020, Thales Group signed an agreement with ENAIRE to supply two ADS-B aerial surveillance stations, one for outdoor use and another one for indoor use, to be installed in the radar tower in Spain to provide ADS-B surveillance coverage for the bordering Atlantic ocean zone.

In 2019, Garmin Ltd. launched GTX 335D and GTX 345D, two new diversity transponders that would provide optimal automatic dependent surveillance-broadcast (ADS-B) out coverage and visibility while operating throughout the global airspace system.

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