Automatic Dependent Surveillance Broadcast (ADS-B) Market Value Projected to Expand by 2029

Automatic Dependent Surveillance Broadcast (ADS-B) Market is a satellite based surveillance technology that is widely applicable for aircraft positioning and its determination via satellite navigation. The Global Automatic Dependent Surveillance Broadcast (ADS-B) market is projected to grow at a significant rate and is estimated to register $1316.9 million by 2022. The market is anticipated to grow with a magnificent CAGR of 20.6% during the forecast period 2021-2027. The factors expected to drive the global market of Automatic Dependent Surveillance Broadcast are mainly- increase in the need for an efficient surveillance system, and increase in airspace congestion and collective efforts to deduct fuel emission. Additionally, the modernization of existing airports and increase in the construction of new Greenfield airports will also propel the market growth of Automatic Dependent Surveillance Broadcast (ADS-B). 

 

The market growth and its driving factors are described on the basis of segmental analysis of the Global Automatic Dependent Surveillance Broadcast (ADS-B) market. Based on the type, the Automatic Dependent Surveillance Broadcast market is led by the ADS-B out segment. The ADS-B out segment is expected to register the highest share and largest market size, due to increase in air traffic and air congestion. Along with this, the growing needs of advanced aerospace capabilities are some major factors that drive the market growth of the ADS-B out segment, which positively impacts the Global Automatic Dependent Surveillance Broadcast (ADS-B) market. 

Based on the component segment, the market is dominated by the receiver segment. The receiver segment is expected to drive the growth of the ADS-B market with the highest CAGR of XX%, due to increasing demand in aircraft application. The receiver onboard delivers potential benefits for aircraft operators and access advisory services such as- flight information service broadcast (FIS-B) and traffic information service broadcast (TIS-B) to the pilot cockpit. Based on the region, the market is dominated by North-America. The North-American region focuses on increasing the implementation of ADS-B in airlines, to make travelling safer and efficient. This factor is projected to drive the growth of the Global Automatic Dependent Surveillance Broadcast (ADS-B) market.

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Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Type
By Application
By Fit
By Component
By Platform
Competitive Landscape- Honeywell international Inc., Esterline Technologies Corp., Avidyne Corp., Rockwell Collins Inc., L3 Technologies Inc., among others. 

Automatic Dependent Surveillance Broadcast (ADS-B) Market Report Segment

By Type

ADS-B Out, 
ADS-B In, 
ADS-B Ground Station 

By Application 

Terminal Maneuvering Area surveillance
Airborne Surveillance

 By Fit

Line Fit
Retrofit

 By Component 

Transponder
Receiver
Antenna
Others

 By Platforms 

Fixed wings
Rotary wings

A full Report of Automatic Dependent Surveillance Broadcast (ADS-B) Market is Available at:  https://www.omrglobal.com/industry-reports/automatic-dependent-surveillance-broadcast-ads-b-market

Automatic Dependent Surveillance Broadcast (ADS-B) Market Report Segment by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

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