Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market accounted for $750.58 million in 2019 and is expected to reach $2,940.13 million by 2027, growing at a CAGR of 18% during the forecast period 2021-2027.
ADS-B is an advanced surveillance technology that allows pilots to utilize satellite navigation to locate aircraft. Surveillance technology allows users to broadcast data related to aircraft identification and location, as well as other information received from onboard systems such as the Global Navigation Satellite System (GNSS). The ADS-B market will be driven by increasing demand for advanced surveillance technologies for aircraft tracking and safety. The FAA requires all aircraft operators in the United States to equip their aircraft with ADS-B systems. All aircraft operating within US airspace must use ADS-B OUT avionics to transmit certain information.
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Market Segments
By Type
- ADS-B Out
- ADS-B In
- ADS-B Ground Stations
By Application
- Terminal Maneuvering Area Surveillance
- Airborne Surveillance
By Component
- Transponder
- Receiver
- Antenna
- ADS-B Ground Receivers
Key Players
- Aspen Avionics, Inc.
- Avidyne Corporation
- Esterline Technologies Corporation
- FreeFlight Systems
- Garmin Ltd.
- Harris Corporation
- Honeywell International, Inc.
- Indra Sistemas SA
- L3 Technologies, Inc.
- Rockwell Collins, Inc.
Scope of the Report
The research study analyzes the global Automatic Dependent Surveillance-Broadcast industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automatic Dependent Surveillance-Broadcast Market Report
1. What was the Automatic Dependent Surveillance-Broadcast Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automatic Dependent Surveillance-Broadcast Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automatic Dependent Surveillance-Broadcast Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automatic Dependent Surveillance-Broadcast market.
- The market share of the global Automatic Dependent Surveillance-Broadcast market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automatic Dependent Surveillance-Broadcast market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automatic Dependent Surveillance-Broadcast market.
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