Global Automatic Dependent Surveillance Broadcast (ADS-B) Market Trends, Size, Competitive Analysis and Forecast 2021-2027
The Automatic Dependent Surveillance Broadcast (ADS-B) is 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).
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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.
Market Coverage
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The market number available for – 2020-2027
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Base year- 2020
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Forecast period- 2021-2027
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Segment Covered-
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By Type
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By Application
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By Fit
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By Component
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By Platform
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Competitive Landscape- Honeywell international
Inc., Esterline Technologies Corp., Avidyne Corp., Rockwell Collins Inc., L3
Technologies Inc., among others.
Key questions addressed by the report
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What is the market growth rate?
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Which segment and region dominates the market in
base year?
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Which segment and region will project fastest
growth in the market?
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How COVID-19 impacted the market?
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Recovery Timeline
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Deviation from pre-COVID forecast
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Most affected region and segment
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Who is the leader in the market?
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How players are addressing challenges to sustain
growth?
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Where is the investment opportunity?
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Global Automatic Dependent Surveillance Broadcast (ADS-B) Market Report
Segment
By Type
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ADS-B Out,
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ADS-B In,
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ADS-B Ground Station
By Application
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Terminal Maneuvering Area surveillance
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Airborne Surveillance
By Fit
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Line Fit
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Retrofit
By Component
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Transponder
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Receiver
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Antenna
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Others
By Platforms
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Fixed wings
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Rotary wings
Global Automatic Dependent Surveillance Broadcast (ADS-B) Market Report
Segment by Region
North America
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United States
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Canada
Europe
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UK
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Germany
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Spain
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France
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Italy
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Rest of Europe
Asia-Pacific
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India
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China
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Japan
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South Korea
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Rest of APAC
Rest of the World
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