Press release
Automatic Dependent Surveillance-Broadcast (ADS-B) Market Set for More Growth| Aspen Avionics, Collins Aerospace, FreeFlight Systems
Automatic Dependent Surveillance-Broadcast (ADS-B) Market
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Definition: The Automatic Dependent Surveillance-Broadcast (ADS-B) Market size was valued at USD 590.09 USD million in 2023 and is projected to reach USD 703.2 USD million by 2032, exhibiting a CAGR of 5.7 % during the forecast period. The Automatic Dependent Surveillance-Broadcast (ADS-B) Market utilizes satellite-based technology for precise aircraft tracking and communication. It features two main types: ADS-B Out for transmitting aircraft data to ground stations and ADS-B In for receiving data. Applications include air traffic control, flight planning, and collision avoidance, enhancing aviation safety and efficiency. ADS-B operates on global positioning systems, offering real-time data exchange between aircraft and ground stations. Its impact includes improved airspace management, reduced flight delays, and enhanced situational awareness for pilots and controllers. Advantages include enhanced safety through accurate aircraft positioning, lower operational costs, and increased airspace capacity.
Major Players in This Report Include:
Aspen Avionics, Inc. (U.S.), Avidyne Corporation (U.S.), Collins Aerospace (U.S.), FreeFlight Systems (U.S.), Garmin Ltd. (Switzerland), Honeywell International, Inc. (U.S.), Indra Sistemas S.A. (Spain), L3Harris Technologies, Inc. (U.S.), Southwest Antennas, Inc. (U.S.), Thales Group (France), Trig Avionics Limited (U.K.).
Global Automatic Dependent Surveillance-Broadcast (ADS-B) the manufacturing cost structure analysis of the market is based on the core chain structure, engineering process, raw materials and suppliers. The manufacturing plant has been developed for market needs and new technology development. In addition, Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market attractiveness according to country, end-user, and other measures is also provided, permitting the reader to gauge the most useful or commercial areas for investments. The study also provides special chapter designed (qualitative) to highlights issues faced by industry players in their production cycle and supply chain.
The Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market segments and Market Data Break Down are illuminated below: Component: Transponder, Receiver, Antenna, and Ground Receivers, Platform: Commercial Aviation, Business Jets, Unmanned Aerial Vehicle, and Helicopters, Operation: ADS-B In and ADS-B Out, Application: ATC Surveillance, Airborne Surveillance, and Others, End-Use: OEM and Aftermarket
Market Drivers:
Surge in Adoption of Cost-Effective and Fuel Efficient Aircraft is Refueling the Market Growth
Restrains:
Issues Related to Hacking of Automatic Dependent Monitoring Systems Will Hamper the Market Growth
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Geographically World Global Automatic Dependent Surveillance-Broadcast (ADS-B) markets can be classified as North America, Europe, Asia Pacific (APAC), Middle East and Africa and Latin America. North America has gained a leading position in the global market and is expected to remain in place for years to come. The growing demand for Global Automatic Dependent Surveillance-Broadcast (ADS-B) markets will drive growth in the North American market over the next few years.
In the last section of the report, the companies responsible for increasing the sales in the Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market have been presented. These companies have been analyzed in terms of their manufacturing base, basic information, and competitors. In addition, the application and product type introduced by each of these companies also form a key part of this section of the report. The recent enhancements that took place in the global market and their influence on the future growth of the market have also been presented through this study.
Report Highlights:
• Comprehensive overview of parent market & substitute market
• In-depth market segmentation (Trends, Growth with Historical & Forecast Analysis)
• Recent industry trends and development activity
• Competitive landscape (Heat Map Analysis for Emerging Players & Market Share Analysis for Major Players along with detailed Profiles)
Strategic Points Covered in Table of Content of Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automatic Dependent Surveillance-Broadcast (ADS-B) market
Chapter 2: Exclusive Summary - the basic information of the Automatic Dependent Surveillance-Broadcast (ADS-B) Market.
Chapter 3: Changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automatic Dependent Surveillance-Broadcast (ADS-B);
Chapter 4: Presenting the Automatic Dependent Surveillance-Broadcast (ADS-B) Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2024
Chapter 6: Evaluating the leading manufacturers of the Automatic Dependent Surveillance-Broadcast (ADS-B) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
…………….
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Key questions answered
• Who are the Leading key players and what are their Key Business plans in the Global Automatic Dependent Surveillance-Broadcast (ADS-B) market?
• What are the key concerns of the five forces analysis of the Global Automatic Dependent Surveillance-Broadcast (ADS-B) market?
• What are different prospects and threats faced by the dealers in the Global Automatic Dependent Surveillance-Broadcast (ADS-B) market?
• What possible measures players are taking to overcome and stabilize the situation?
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Asia.
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MR Forecast
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About Author:
MR Forecast is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enable clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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