Global Automatic Dependent Surveillance Broadcast ADS-B Market

Automatic Dependent Surveillance Broadcast ADS-B Market Size, Share, Growth Analysis, By Component(Transponder, Receiver, Antenna, Ground Receivers), By Operation(ADS-B In, ADS-B Out), By Application(ATC Surveillance, Airborne Surveillance, Others), By Region - Industry Forecast 2025-2032


Report ID: SQSG20A2019 | Region: Global | Published Date: April, 2024
Pages: 165 | Tables: 90 | Figures: 76

Automatic Dependent Surveillance Broadcast ADS-B Market Insights

Automatic Dependent Surveillance Broadcast ADS-B Market size was valued at USD 703.2 Million in 2023 and is poised to grow from USD 836.81 Million in 2024 to USD 3332 Million by 2032, growing at a CAGR of 19% during the forecast period (2025-2032).

Air traffic controllers on the ground and pilots in the cockpit can both identify aircraft traffic with a high degree of precision thanks to Automatic Dependent Surveillance-Broadcast (ADS-B). It also gives pilots access to real-time weather information, which greatly improves their situational awareness and increases flight safety. Its transceivers allow aircraft to broadcast their precise location in space along with other information like airspeed, altitude, and whether they are ascending or descending. Users can obtain a highly accurate description of real-time aviation traffic, both in the air and on the ground, thanks to Automatic Dependent Surveillance-Broadcast (ADS-B), which is integrated into the air traffic control system or installed on other aircraft. 

With the aid of satellite-based GPS, Automatic Dependent Surveillance-Broadcast (ADS-B) pinpoints the precise location of an aircraft in space. The location data is broadcast several times per second along with other pieces of information like the type of aircraft, speed, flight number, and whether it is ascending, descending, or turning. The broadcast is gathered by nearby ground stations and other aircraft with Automatic Dependent Surveillance-Broadcast (ADS-B) capabilities. In order to retransmit the information to aircraft in the zone, ground stations combine the Automatic Dependent Surveillance-Broadcast (ADS-B) transmission received from the various local area aircraft with other location data gathered from ground radar for non-ADS-B equipped aircraft. The aircraft equipped with Automatic Dependent Surveillance-Broadcast (ADS-B) then displays this air traffic and weather information.

The main factor accelerating the market growth is the aviation industry's increased emphasis on safety. Other major drivers of the market growth for automatic dependent surveillance-broadcast (ADS-B) include an increase in the construction of new airports and an increase in the use of ADS-B for unmanned aerial vehicles (UAVs). In addition, the automatic dependent surveillance-broadcast (ADS-B) market manufacturers will have new possibilities during the forecast period of 2021–2028 due to an increase in research and development efforts in the market and an increase in demand from emerging economies. However, the key issue limiting the growth of the automatic dependent surveillance-broadcast (ADS-B) market in the projection future is the increase in cost and affordability for small aircraft operators.

US Automatic Dependent Surveillance Broadcast ADS-B Market is poised to grow at a sustainable CAGR for the next forecast year.

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FAQs

On the basis of type, Automatic Dependent Surveillance-Broadcast (ADS-B) Market is segmented into on-board and ground stations.

Rise in the cost and affordability for small aircraft operators acts as a major challenge for the Automatic Dependent Surveillance-Broadcast (ADS-B) Market.

Automatic Dependent Surveillance Broadcast ADS-B Market size was valued at USD 590.09 million in 2019 and is poised to grow from USD 703.2 million in 2023 to USD 2800 million by 2031, growing at a CAGR of 19% in the forecast period (2024-2031).

The market for Automatic Dependent Surveillance Broadcast ADS-B is fairly competitive and has players spread across various parts of the world. Key players are undergoing mergers and acquisitions to surpass the boundaries and extent beyond their current presence. For instance, Aspen Avionics Inc. broadened its horizon by developing drone services and cargo delivery. 'Garmin Ltd.', 'Honeywell International Inc.', 'Rockwell Collins, Inc.', 'Thales Group', 'L3Harris Technologies, Inc.', 'Indra Sistemas, S.A.', 'Aireon LLC', 'Raytheon Company', 'Leonardo S.p.A.', 'Saab AB', 'Intelcan Technosystems Inc.', 'Aspen Avionics Inc.', 'Navtech, Inc.', 'Sagetech Corporation', 'Trig Avionics Limited', 'ACSS (Aviation Communication & Surveillance Systems)', 'FreeFlight Systems', 'uAvionix Corporation', 'Becker Avionics GmbH', 'Flight Data Systems Pty Ltd.'

Improvement of Air Traffic Management Systems

The Aviation sector is into demand because of the geographies connecting across the globe and globalization coming into picture as rapidly as it can. Therefore this sector is likely to grow with a substantial CAGR during the forecast period of the report.

The North American region held the most lucrative segment of the market and is predicted to lead over the forecast period. Due to the FAA requirement that all aircraft have ADS-B installed as well as the existence of component integrators, Original Equipment Makers (OEMs), and subcomponent manufacturers in this area, North America is anticipated to dominate the ADS-B market from 2022. These elements are fueling the ADS-B market's expansion in North America. Major aeroplane manufacturers have already added ADS-B as a forward fit option to their newly constructed aircraft. ADS-B systems are being retrofitted on board other aircraft by other owners.

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Global Automatic Dependent Surveillance Broadcast ADS-B Market

Report ID: SQSG20A2019

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