Press release
Global Automatic Dependent Surveillance Broadcast Market Projected to Surpass $1.87 Billion by 2029 with 18.9% Annual Growth
Automatic Dependent Surveillance Broadcast Market
The growth of the automatic-dependent surveillance-broadcast market is anticipated to be propelled by the escalating air traffic. Air traffic signifies the circulation of aircraft within a specified area or on a determined path. The surge in air traffic is a result of the development of new airports, enlargement of existing infrastructures, and enhancement of air traffic management systems which have consequently stimulated the expansion of air travel capacity. The automatic dependent surveillance-broadcast (ADS-B) augments air traffic management by offering real-time tracking and surveillance data of aircraft for superior situational awareness and safety. For instance, the International Air Transport Association (IATA), a Swiss airline and aviation association, reported in January 2024 that Middle Eastern airlines experienced a traffic spike of 33.3% in 2023 compared to the previous year, along with a 26.0% increase in capacity and a load factor of 80.1%. Simultaneously, North American carriers had a 28.3% annual rise in traffic, a capacity augmentation of 22.4%, and a load factor peaking at 84.6%. Hence, the escalating air traffic catalyzes the expansion of the automatic dependent surveillance-broadcast market.
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How will the growth rate of the automatic dependent surveillance broadcast market shape industry trends by 2034?
In recent years, the market size for automatic dependent surveillance broadcast has seen a significant increase. Forecasted growth indicates an expansion from $0.78 billion in 2024 to $0.93 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 19.3%. The historic growth trend can be credited to factors such as regulatory mandates, the expansion of airspace capacity, governmental financial aid and incentives, enhanced data exchange, and collaboration within the industry.
A significant expansion is forecasted in the automatic surveillance broadcast market within the next few years, with estimations reaching to about $1.87 billion by the year 2029 at a compound annual growth rate (CAGR) of approximately 18.9%. This expected growth during the forecast period can be linked to various factors such as the surge in air traffic, the increasing use of UAVs, expanding interest in space-based ads-b solutions, heightened focus on environmental sustainability, concerns about cybersecurity, and global modernization efforts. Key trends in the forecast period comprises of integration with unmanned traffic management systems, advancements in ADS-B technology, the advent of autonomous aircraft, retrofit installations, and innovation in ADS-B.
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How are the latest trends influencing the growth of the automatic dependent surveillance broadcast market?
In the automatic dependent surveillance-broadcast market, significant organizations are concentrating on the development of technologically superior solutions such as the visualization of crucial statistics for increased safety. The integration of advancements such as AI analytics and compact systems is improving air traffic management in a variety of aircraft. Essentially, visualizing crucial statistics involves graphing key data points to make the comprehension of performance and trends easier. Aireon LLC, a U.S.-based manufacturer that supplies real-time air traffic surveillance data globally, for example, introduced a Safety Dashboard. The Safety Dashboard boosts aviation safety by allowing real-time tracking and analysis of main risk indicators, leading to proactive risk management. The goal is to facilitate data-informed decisions, enhance compliance, and promote a strong safety ethos among organizations.
Which primary segments of the automatic dependent surveillance broadcast market are driving growth and industry transformations?
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: After market, Original Equipment Manufacturer (OEM)
Subsegments:
1) By ADS-B Out: Transmitters, Surveillance Equipment, Avionics Integration
2) By ADS-B In: Receivers, Display Systems, Flight Monitoring Systems
3) By ADS-B Ground Stations: Ground Surveillance Stations, Communication Equipment, Data Processing Systems
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Which geographical regions are pioneering growth in the automatic dependent surveillance broadcast market?
North America was the largest region in the automatic dependent surveillance broadcast market in 2024. The regions covered in the automatic dependent surveillance broadcast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the influential players reshaping the automatic dependent surveillance broadcast market landscape?
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
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What Is Covered In The Automatic Dependent Surveillance Broadcast Global Market Report?
• Market Size Forecast: Examine the automatic dependent surveillance broadcast market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the automatic dependent surveillance broadcast market for a structured understanding.
• Key Players Overview: Analyze major players in the automatic dependent surveillance broadcast market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the automatic dependent surveillance broadcast market.
• Segment Contributions: Evaluate how different segments drive overall growth in the automatic dependent surveillance broadcast market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the automatic dependent surveillance broadcast market.
• Industry Challenges: Identify potential risks and obstacles affecting the automatic dependent surveillance broadcast market.
• Competitive Landscape: Review strategic developments in the automatic dependent surveillance broadcast market, including expansions, agreements, and new product launches.
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