Press release
Global Automatic Dependent Surveillance Broadcast ADS-B Market By Component: Transponder, Receiver, Antenna, Ground Receivers
Automatic Dependent Surveillance Broadcast ADS-B
The aviation industry's growing emphasis on safety is the primary driver fueling market expansion. The development of new airports and the expansion of the use of ADS-B for unmanned aerial vehicles are two other key factors driving the automatic dependent surveillance-broadcast (ADS-B) market growth (UAVs). Additionally, new opportunities will open up for manufacturers in the automatic dependent surveillance-broadcast (ADS-B) market between 2021 and 2028 as a result of increased market R&D activities and rising demand from emerging economies. The main obstacle to the automatic dependent surveillance-broadcast (ADS-B) market's expansion in the foreseeable future, however, is the rise in price and affordability for small aircraft owners.
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Read market research report, "The Global Automatic Surveillance Broadcast ADS-B Market is segmented based on component, operation, application, and region. The market is divided into Transponder, Receiver, Antenna, and Ground Receivers based on components. The market is divided into ADS-B In and ADS-B Out based on how they operate. The market is divided into three categories: ATC Surveillance, Airborne Surveillance, and Others & By Region - Forecast and Analysis 2022-2028" by SkyQuest.
Depending on the component, the market is segmented into transponder, receiver, antenna, and ground receivers. The receiver industry is predicted to have the most market shares in 2022 and grow at the highest CAGR from 2021 to 2028. The receiver is a critical component of the automatic surveillance system and is what is driving the segment's expansion because it gets real-time data from the flying aircraft and control units. Based on mode of operation, the market is split into ADS-B in and out. Due to an increase in deliveries of aircraft without ADS-B, the industry is growing. Aircraft equipped with surveillance equipment for Air Traffic Control (ATC) provide a better understanding of the airspace.
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North America is predicted to rule the ADS-B market within the forecast period because of the FAA's mandate that all aircraft have ADS-B installed as well as the presence of component integrators, Original Equipment Makers (OEMs), and subcomponent makers in this region. These factors are promoting the growth of the ADS-B market in North America. ADS-B is already available as a forward fit option for freshly produced aircraft from major aircraft manufacturers. Other owners are retrofitting ADS-B equipment on other planes.
Report Findings
● Drivers- Improvement of Air traffic management systems support the growth of the sector and hence is regarded as a key driving factor. Also adding more airports will help the market grow faster in terms of revenue and so it is also one of the driving factors for the industry.
● Restraint- The growth of the sector is constrained by numerous worries about the hacking and spoofing of broadcast signals used for surveillance. Anyone at the receiving end can receive and decode the data being streamed by transmitters for surveillance purposes because it is not encrypted.
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What does this Report Deliver?
● Market Estimation for 20+ Countries
● Automatic Surveillance Broadcast ADS-B Market demand by Region, Sub-Region, and Country
● Customization on Segments, Regions, and Company Profiles
● 100+ tables, 150+ Figures
● Global, Regional and Country specific Automatic Surveillance Broadcast ADS-B Market Trends
● Comprehensive Mapping of Automatic Surveillance Broadcast ADS-B Industry Parameters
● Attractive Investment Proposition in the Global Automatic Surveillance Broadcast ADS-B Industry
● Competitive Strategies Adopted by Automatic Surveillance Broadcast ADS-B Market Key Players
● Drivers, Restraints, Opportunities, Challenges and the impact on the Automatic Surveillance Broadcast ADS-B Market Size
● Market growth rate till 2028
● Regulatory scenario, regional dynamics, and Automatic Surveillance Broadcast ADS-B market insights of leading countries in each region
● In-depth Market insights by Region and Country
● Market Segmentation Trend Analysis, Opportunities and Growth
● Porter's five force analysis to know the market's condition
● Pricing Analysis and Automatic Surveillance Broadcast ADS-B Market Sales
● Parent market analysis
● Product portfolio benchmarking
SkyQuest has segmented the Global Automatic Dependent Surveillance Broadcast ADS-B Market based on Component, Operation, Applications and Region:
• Global Automatic Dependent Surveillance Broadcast ADS-B Market by Component (Revenue, US$ billion, 2021 - 2028)
o Transponder
o Receiver
o Antenna
o Ground Receivers
• Global Automatic Dependent Surveillance Broadcast ADS-B Market by Operation (Revenue, US$ billion, 2021 - 2028)
o ADS-B In
o ADS-B Out
• Global Automatic Dependent Surveillance Broadcast ADS-B Market by Application/ End users (Revenue, US$ billion, 2021 - 2028)
o ATC Surveillance
o Airborne Surveillance
o Others
• Global Automatic Dependent Surveillance Broadcast ADS-B Market by region (Revenue, US$ billion, 2021 - 2028)
○ North America
■ US
■ Canada
○ Europe
■ Germany
■ France
■ UK
■ Italy
■ Spain
■ Rest of Europe
○ Asia Pacific
■ China
■ India
■ Japan
■ Rest of Asia Pacific
○ Central & South America
■ Brazil
■ Rest of CSA
○ Middle East & Africa
■ GCC Countries
■ South Africa
■ Rest of MEA
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Key Players in the Global Automatic Dependent Surveillance Broadcast ADS-B Market
● Appareo Systems (US)
● Aspen Avionics, Inc. (US)
● Avidyne Corporation (US)
● Collins Aerospace (US)
● Dynon Avionics (US)
● FreeFlight Systems (US)
● Garmin Ltd. (US)
● Honeywell International Inc. (US)
● Indra Sistemas, S.A. (Spain)
● L3Harris Technologies, Inc. (US)
● Thales Group (France)
● Trig Avionics Ltd (UK)
About Us:
SkyQuest Technology is leading growth consulting firm providing market intelligence, commercialization and technology services. It has 450+ happy clients globally.
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Email: sales@skyquestt.com
Website: https://www.skyquestt.com/
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