Press release
ADS-B Market Estimated to Expand at a Robust CAGR over 2016 - 2026 : Persistence Market Research
ADS-B Market, ADS-B, Automatic Dependent Surveillance–Broadcast system, Automatic Dependent Surveillance–Broadcast system market
The ADS-B is operable in remote areas, on mountain side, low or very high altitudes, thus offers an additive advantage over the conventional ones. These features of ADS-B benefits the users to great extent allowing them to control traffic even of runaways, is one of the major factor driving the global ADS-B market. The ADS-B technology offers improved efficiency and safety to pilots, controllers and also to public. Further, it offers information on weather conditions, prevents the runaway incursions even at heavy rainfall and provide information to pilots which earlier only controllers used to get. These factors are expected to drive the global ADS-B market during the forecast period. Also, according to the regulation passed from FAA (The Federal Aviation Administration) the aircraft defined under 91.225 regulation should possess ADS-B system which will be effective from the year 2020. The strict government regulation is expected to boost the global ADS-B market by 2026 end.
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Global ADS-B Market: Key Players
Some of the key players identified in the global ADS-B market includes:
• Garmin Ltd.
• Honeywell International Inc.
• ACSS (Aviation Communication & Surveillance Systems)
• APPAREO SYSTEMS, LLC.
• Dynon Avionics
• Rockwell Collins
• Trig Avionics Limited
• FreeFlight Systems
• The Bendix Aviation Corporation
• Aspen Avionics
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Global ADS-B Market: Region wise Outlook
The transition of avionics from radar base technology to ADS-B based is expected to get high demand over the forecast period owing to acceptance from FAA. The global ADS-B market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). North America and Europe holds major share in the global ADS-B sets market in terms of revenue and expected to dominate the market owing to high usage of ADS-B technology. Further, the strict regulations for aircrafts pilot is expected to aid in the growth of ADS-B in these regions.
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