Automatic Dependent Surveillance Broadcast (ADS-B) Market

Automatic Dependent Surveillance-Broadcast Market worth 1,316.9 Million USD by 2022

The report "Automatic Dependent Surveillance Broadcast (ADS-B) Market by Type (On-Board, Ground Stations), Fit (Line, Retrofit), Platform (Fixed, Rotary), Component (Transponder, Receiver), Application (TMA, Airborne Surveillance), and Region - Global Forecast to 2022", The Automatic Dependent Surveillance-Broadcast (ADS-B) market is projected to grow from USD 427.8 Million in 2016 to USD 1,316.9 Million by 2022, at a CAGR of 20.61% during the forecast period.

Browse 109 market data tables and 71 figures spread through 194 pages and in-depth TOC on "Automatic Dependent Surveillance Broadcast (ADS-B) Market - Global Forecast to 2022"
Early buyers will receive 10% customization on reports.

Increase in airspace congestion, the need for an efficient surveillance system, and collective efforts undertaken to reduce fuel emission are factors anticipated to drive the ADS-B market. Furthermore, modernization of existing airports and construction of new Greenfield airports are additional factors propelling the growth of the ADS-B market.

Among types, the ADS-B Out segment is projected to lead the ADS-B market during the forecast period

Based on type, the ADS-B Out segment accounted for the largest share of the ADS-B market in 2016. Increasing air traffic and airspace congestion, and the growing need for advanced aerospace capabilities are major factors contributing to the growth of the ADS-B Out segment of the ADS-B market.

Based on component, the receiver segment of the ADS-B market is projected to grow at the highest CAGR from 2016 to 2022

Based on component, the ADS-B market has been segmented into transponder, receiver, antenna, ADS-B ground receivers, and others. The receiver segment is projected to grow at the highest CAGR from 2016 to 2022. Increasing demand for receivers is attributed to the rise in ADS-B In application by aircraft operators. Appropriate receivers onboard offer potential benefits across all domains of flight, from departure to arrival, and help aircraft operators access pilot cockpit advisory services, such as Flight Information Service-Broadcast (FIS-B) and Traffic Information Service-Broadcast (TIS-B).

North America is projected to lead the ADS-B market during the forecast period

North America is expected to lead the ADS-B market from 2016 to 2022, owing to the mandate issued by the Federal Aviation Administration (FAA), which states that all aircraft flying in the U.S. airspace should be equipped with an ADS-B Out before January 01, 2020. This serves to be a major driver propelling the growth of the ADS-B market in this region. North America is also focusing on the implementation of ADS-B to make air travel safer, thereby driving the growth of the ADS-B market in North America.

Honeywell International, Inc. (U.S.), L3 Technologies, Inc. (U.S.), Esterline Technologies Corporation (U.S.), Garmin Ltd. (Switzerland), Rockwell Collins, Inc. (U.S.), Indra Sistemas, S.A. (Spain), Harris Corporation (U.S.), Thales Group (France), Avidyne Corporation (U.S.), and Trig Avionics Ltd. (U.K.), among others are key players operating in the ADS-B market.

About MarketsandMarkets

MarketsandMarkets provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]

Automatic Dependent Surveillance Broadcast (ADS-B) Market Size,  Share & Growth Report
Report Code
AS 5102
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Automatic Dependent Surveillance Broadcast (ADS-B) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved Protection Status

Digital Virtual Assistant - MarketsandMarkets