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Automatic Dependent Surveillance Broadcast Market Size & Growth Insights: Emerging Trends and Future Projections 2025-2034
Automatic Dependent Surveillance Broadcast Market Size
What Is the Automatic Dependent Surveillance Broadcast Market Size and Projected Growth Rate?
In recent times, the market size of the automatic dependent surveillance broadcast has expanded swiftly. The figures are expected to rise from $0.78 billion in 2024 to about $0.93 billion in 2025, representing a compound annual growth rate (CAGR) of 19.3%. Factors such as regulatory mandates, enhancing airspace capacity, government grants and incentives, better data sharing and collaborations in the industry have stimulated the growth during the previous period.
Forecast projections suggest a swift expansion in the market size of the automatic dependent surveillance broadcast within the next few years. The predicted growth forecasts an increase to $1.87 billion by 2029, exhibiting an 18.9% compound annual growth rate (CAGR). Several factors responsible for this anticipated growth during the forecasted window are the rise in air traffic, widespread use of UAVs, a heightened interest in space-oriented ads-b solutions, a more considerable emphasis on environmental sustainability, cybersecurity issues, and global modernization efforts. Key trends expected within this timeframe include the integration with unmanned traffic control systems, enhancements in ADS-B technology, the advent of self-operating aircraft, retrofit installations, and innovative strides in ADS-B.
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What Are the Major Segments in the Automatic Dependent Surveillance Broadcast Market?
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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What Are The Driving Automatic Dependent Surveillance Broadcast Market Evolution?
The growth of automatic-dependent surveillance-broadcast market is likely to be propelled by the escalating air traffic. The term air traffic denotes the movement of aircraft within a designated area or along a specified route. The surge in air traffic is a result of new airports being built, existing facilities being expanded, and the enhancement of air traffic management systems to support the growth of air travel capacity. The automatic dependent surveillance-broadcast (ADS-B) augments air traffic management by delivering real-time tracking and surveillance data of the aircraft, which enhances situational awareness and safety. For example, the International Air Transport Association (IATA), a Switzerland-based airlines and aviation association, reported in January 2024, that in 2023, Middle Eastern airlines experienced a 33.3% increase in traffic in comparison to 2022, along with a capacity rise of 26.0% and a load factor of 80.1%. On the other hand, North American carriers reported a 28.3% annual traffic increase, a capacity rise of 22.4%, and a load factor that touched 84.6%. Hence, the rise in air traffic is propelling the growth of the automatic dependent surveillance-broadcast market.
Which Firms Dominate The Automatic Dependent Surveillance Broadcast Market Segments?
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
What Trends Are Expected to Dominate the Automatic Dependent Surveillance Broadcast Market in the Next 5 Years?
Leading businesses in the automatic dependent surveillance-broadcast sector are focusing on the production of technologically superior solutions such as display of essential metrics for improved security. Innovations like AI analytics and compact systems are improving flight traffic management across various aircraft types. Displaying essential metrics involves graphically representing crucial data points for a simplified understanding of performance and patterns. For example, Aireon LLC, a US-based manufacturer providing real-time air traffic surveillance information on a global scale, introduced a Safety Dashboard. This Safety Dashboard advances aviation security by offering real-time observation and analysis of vital risk indicators, promoting proactive risk management. Its intention is to promote data-driven decisions, enhance compliance, and encourage a rigorous safety culture within institutions.
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Which Is The Largest Region 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.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automatic Dependent Surveillance Broadcast Market?
2. What is the CAGR expected in the Automatic Dependent Surveillance Broadcast Market?
3. What Are the Key Innovations Transforming the Automatic Dependent Surveillance Broadcast Industry?
4. Which Region Is Leading the Automatic Dependent Surveillance Broadcast Market?
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