Press release
Automatic Dependent Surveillance Broadcast Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | Lockheed Martin Corporation, Raytheon Company, Northrop Grumman Corporation
Automatic Dependent Surveillance Broadcast Global Market Report 2024
As per the report, the automatic dependent surveillance-broadcast market size has grown rapidly in recent years. It will grow from $0.66 billion in 2023 to $0.78 billion in 2024 at a compound annual growth rate (CAGR) of 18.7%. The automatic dependent surveillance-broadcast market size is expected to see rapid growth in the next few years. It will grow to $1.57 billion in 2028 at a compound annual growth rate (CAGR) of 19%.
Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=15130&type=smp
Increasing Air Traffic On The Automatic Dependent Surveillance-Broadcast Market
The increasing air traffic is expected to drive the growth of the automatic-dependent surveillance-broadcast market going forward. Air traffic refers to aircraft movement within a specific area or along a particular route. There is increasing air traffic due to the construction of new airports, expansion of existing facilities, and improvement of air traffic management systems that facilitated the growth of air travel capacity. Automatic dependent surveillance-broadcast (ADS-B) enhances air traffic management by providing real-time aircraft tracking and surveillance data for improved situational awareness and safety. For instance, in January 2024, according to the International Air Transport Association (IATA), a Switzerland-based airlines and aviation association, in 2023, Middle Eastern airlines witnessed a 33.3% surge in traffic compared to 2022, accompanied by a 26.0% rise in capacity and a load factor of 80.1%. Additionally, North American carriers noted a 28.3% year-on-year traffic boost, with a capacity increase of 22.4% and a load factor reaching 84.6%. Therefore, the increasing air traffic drives the growth of the automatic dependent surveillance-broadcast market.
Advancements In Integrated Flight Deck Systems And ADS-B Technology
Major companies operating in the automatic dependent surveillance-broadcast market are developing new technologically advanced products, such as the integrated flight deck system, to serve customers with advanced features better. An integrated flight deck system is a comprehensive avionics solution combining various essential functions into a single, integrated display unit within an aircraft cockpit. For instance, in May 2021, Garmin, a Europe-based GPS technology provider, got approval from the European Aviation Safety Agency (EASA) for the G5000H, an integrated flight deck system with ADS-B (Automatic Dependent Surveillance-Broadcast) In and Out function for the Bell 505 helicopter. This approval allows Bell 505 helicopter owners to upgrade to a state-of-the-art flight deck with advanced ADS-B technology, enhancing pilot awareness and safety. This upgrade aligns with Garmin International Inc.'s commitment to providing cutting-edge avionics solutions for various aircraft, including the Bell 505 helicopter.
The automatic dependent surveillance broadcast market covered in this report is segmented -
1) By Type: ADS-B Out, ADS-B In, ADS-B Ground Stations
2) By Fit: Retro Fit, Line Fit
3) By Platform: Fixed Wing, Rotary Wing
4) By Application: Terminal Maneuvering Area Surveillance, Airborne Surveillance, Automatic Dependent Surveillance
5) By Distribution: Aftermarket, Original Equipment Manufacturer (OEM)
Buy Now & Get Exclusive Discount on this Report, Checkout link @ https://www.thebusinessresearchcompany.com/Discount?id=15130&type=discount
Major companies operating in the automatic dependent surveillance broadcast market report are Lockheed Martin Corporation, Raytheon Company, Northrop Grumman Corporation, BAE Systems plc, NEC Corporation, Thales Group, L3Harris Technologies Inc, Textron Inc, Elbit Systems Ltd, Garmin Ltd., Saab AB, Indra Sistemas S.A, Curtiss-Wright Corporation, Ultra Electronics Holdings plc, Chemring Group plc, Cobham plc, ASELSAN AS, Terma A/S, Gables Engineering, Appareo Systems, FreeFlight Systems, Aireon LLC, Gulf Coast Avionics, Southwest Antennas Inc., ADS-B Technologies LLC
Contents of the report:
1. Executive Summary
2. Automatic Dependent Surveillance Broadcast Market Report Structure
3. Automatic Dependent Surveillance Broadcast Market Trends And Strategies
4. Automatic Dependent Surveillance Broadcast Market - Macro Economic Scenario
5. Automatic Dependent Surveillance Broadcast Market Size And Growth
…..
27. Automatic Dependent Surveillance Broadcast Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/automatic-dependent-surveillance-broadcast-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ "
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automatic Dependent Surveillance Broadcast Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | Lockheed Martin Corporation, Raytheon Company, Northrop Grumman Corporation here
News-ID: 3563034 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Surveillance
Surveillance Unleashed: Trade Surveillance System Market to Garner $2.25 Billion …
As per the report published by Allied Market Research, the global trade surveillance system market was pegged at $780.26 million in 2020, and is anticipated to reach $2.25 billion by 2028, growing at a CAGR of 14.2% from 2021 to 2028.
➡️𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 & 𝐓𝐎𝐂 :
https://www.alliedmarketresearch.com/request-sample/A11313
Increase in need for safety and security of trading activities in financial institutes, strict regulatory compliance, and rise in adoption by organizations have…
Global Video Surveillance Storage Market Size Surges as Surveillance Infrastruct …
The video surveillance storage market size was valued at $12.3 billion in 2021, and is estimated to reach $39.5 billion by 2031, growing at a CAGR of 12.3% from 2022 to 2031.
Video surveillance storage is the process of storing real-time video data produced by surveillance cameras on a storage device. The data can then be retrieved at a later stage to examine the event or action as evidence of the…
Maritime Surveillance Market : Surveillance & Tracking, Detectors Industry Forec …
The global maritime surveillance market size was valued at $19.20 billion in 2018, and is projected to reach $40.61 billion by 2026, registering a CAGR of 9.5% from 2019 to 2026. By application, the coastguard segment was the highest revenue contributor in 2018, accounting for $17.07 billion, and is estimated to reach $34.47 billion by 2026, registering a CAGR of 8.9% during the forecast period. In 2018, the Asia-Pacific region…
Ads B Market Segmented by applications ATC surveillance, Airborne surveillance
Global ADS-B Market: Overview
ADS-B is an Automatic Dependent Surveillance–Broadcast system, an integral part for air traffic control. The ADS-B broadcasts important information such as aircraft velocity, position, and altitude at a set time intervals. The ADS-B functions by using a transponder to send accurate details of position to air traffic controllers. The ADS-B works by determining it position using GPS which is then broadcasted by transponder at intervals. The information…
Video Surveillance and VSaaS Market - Investing in Advanced Surveillance Network …
The recent attacks to national security and the rising crime activities worldwide have compelled governments to scrutinize their existing security measures. The demand for resilient and secure infrastructure is therefore at all-time high.
As governments and private organizations look for advanced technologies for improved security, the demand for video surveillance and VSaaS market will rise in response. Given the scenario, persisting investments in infrastructure such as railways, roads, airports, and…
Global Video Surveillance Market to grow at a CAGR of 24.08% by 2019 : Analog vi …
Video surveillance involves monitoring of premises with the help of cameras; it helps safeguard critical infrastructures, hardware, and networks. It captures movements of individuals and analyzes their behavior and, therefore, is a useful tool for law enforcement agencies dealing with terrorist elements. Video surveillance solutions enable proper integration among devices and centralize the overall surveillance paradigm. Video surveillance includes the following products:
Analog video surveillance
IP video surveillance
Equipment used for video surveillance…
