Automatic Dependent Surveillance Broadcast Market is projected to rise at a moderate CAGR during the forecast period from 2021 to 2027. During the forecast period, the ADS-B market will be driven by the increasing demand for advanced surveillance technologies for aircraft tracking and safety. The increasing number of aircraft orders and deliveries across the world and growing investments in the upgrading of commercial airports with advanced facilities and technologies is fueling the growth of the ADS-B market. Moreover, the invention of portable ADS-B that save manufacturing and installing costs will drive the market growth during the forecast period. Additionally, 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.
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 key players in the automatic dependent surveillance broadcast market includes Aspen Avionics, Inc., Avidyne Corporation, Esterline Technologies Corporation, FreeFlight Systems, Garmin Ltd., Harris Corporation, Honeywell International, Inc., Indra Sistemas SA, L3 Technologies, Inc., and Rockwell Collins, Inc among others.
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The following Segmentation are covered in this report:
By Type
- ADS-B Out
- ADS-B In
- ADS-B Ground Stations
By Component
- Transponder
- Receiver
- Antenna
- ADS-B Ground Receivers
By Application
- Terminal Maneuvering Area Surveillance
- Airborne Surveillance
By Region
North America:
- US
- Canada
Europe:
- France
- Italy
- Germany
- UK
- Rest of Europe
Asia Pacific:
- India
- China
- Japan
- Australia
- Rest of APAC
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
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)