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Automatic Dependent Surveillance Broadcast (ADS-B) Market Will Generate Record Revenue by 2029

Automatic Dependent Surveillance Broadcast (ADS-B) Market


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mansi jain

7 days ago | 3 min read

Automatic Dependent Surveillance Broadcast (ADS-B) Marketis a satellite based surveillance technology that is widely applicable for aircraft positioning and its determination via satellite navigation. The Global Automatic Dependent Surveillance Broadcast (ADS-B) market is projected to grow at a significant rate and is estimated to register $1316.9 million by 2022. The market is anticipated to grow with a magnificent CAGR of 20.6% during the forecast period 2021-2027. The factors expected to drive the global market of Automatic Dependent Surveillance Broadcast are mainly- increase in the need for an efficient surveillance system, and increase in airspace congestion and collective efforts to deduct fuel emission. Additionally, the modernization of existing airports and increase in the construction of new Greenfield airports will also propel the market growth of Automatic Dependent Surveillance Broadcast (ADS-B). 

The market growth and its driving factors are described on the basis of segmental analysis of the Global Automatic Dependent Surveillance Broadcast (ADS-B) market. Based on the type, the Automatic Dependent Surveillance Broadcast market is led by the ADS-B out segment. The ADS-B out segment is expected to register the highest share and largest market size, due to increase in air traffic and air congestion. Along with this, the growing needs of advanced aerospace capabilities are some major factors that drive the market growth of the ADS-B out segment, which positively impacts the Global Automatic Dependent Surveillance Broadcast (ADS-B) market. 

Based on the component segment, the market is dominated by the receiver segment. The receiver segment is expected to drive the growth of the ADS-B market with the highest CAGR of XX%, due to increasing demand in aircraft application. The receiver onboard delivers potential benefits for aircraft operators and access advisory services such as- flight information service broadcast (FIS-B) and traffic information service broadcast (TIS-B) to the pilot cockpit. Based on the region, the market is dominated by North-America. The North-American region focuses on increasing the implementation of ADS-B in airlines, to make travelling safer and efficient. This factor is projected to drive the growth of the Global Automatic Dependent Surveillance Broadcast (ADS-B) market.

To Request a Sample of our Report on Automatic Dependent Surveillance Broadcast (ADS-B) Market:  https://www.omrglobal.com/request-sample/automatic-dependent-surveillance-broadcast-ads-b-market

Market Coverage

The market number available for – 2021-2029

Base year- 2021

Forecast period- 2023-2029

Segment Covered- 

By Type

By Application

By Fit

By Component

By Platform

Competitive Landscape- Honeywell international Inc., Esterline Technologies Corp., Avidyne Corp., Rockwell Collins Inc., L3 Technologies Inc., among others. 

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominates the market in base year?

Which segment and region will project fastest growth in the market?

How COVID-19 impacted the market?

Recovery Timeline

Deviation from pre-COVID forecast

Most affected region and segment

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Automatic Dependent Surveillance Broadcast (ADS-B) Market Report Segment

By Type

ADS-B Out, 

ADS-B In, 

ADS-B Ground Station 

By Application 

Terminal Maneuvering Area surveillance

Airborne Surveillance

 By Fit

Line Fit

Retrofit

 By Component 

Transponder

Receiver

Antenna

Others

By Platforms 

Fixed wings

Rotary wings

A full Report of Automatic Dependent Surveillance Broadcast (ADS-B) Market is Available at:  https://www.omrglobal.com/industry-reports/automatic-dependent-surveillance-broadcast-ads-b-market

Automatic Dependent Surveillance Broadcast (ADS-B) Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Spain

France

Italy

Rest of Europe

Asia-Pacific

India

China

Japan

South Korea

Rest of APAC

Rest of the World

Reasons to buy from us –

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @  https://www.omrglobal.com/report-customization/automatic-dependent-surveillance-broadcast-ads-b-market

About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

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