Automatic Dependent Surveillance Broadcast Market Analysis | 2022-2028

Market Insights

The automatic dependent surveillance broadcast market was estimated at USD 636.62 million in 2021 and is likely to grow at a CAGR of 21.07% during 2022-2028 to reach USD 2467.14 million in 2028.

Want to know more about the market scope? Register Here

Market Dynamics

Introduction

Automatic dependent surveillance broadcast is mainly a technology of surveillance through which the position of the aircraft can be determined through satellite navigation and the result is broadcasted for tracking purpose.

Automatic dependent surveillance broadcast not only broadcasts position to the host aircraft but also to other aircraft for awareness and to avoid collisions and accidents. Transponder, antenna, receiver, and others are some of the components being used by the system for the purpose.

Market Drivers

These factors are expected to boost the demand for the market in the coming year:

• Implementation of ADS-B in aircraft attends to one of the most contributing factors underpinning the growth of the global ADS-B market.
• Upgradations in air traffic management infrastructure and the development of new airports worldwide are the add-on factors fueling the demand for ADS-B.
• The rising volume of UAVs in airspace has further triggered off the need for integrating unmanned aerial vehicles equipped with air traffic control systems.

Want to have a closer look at this market report? Click Here

Key Players

The following are the key players in the automatic dependent surveillance broadcast market:

• Aspen Avionics, Inc.
• Avidyne Corporation
• Esterline Technologies Corporation
• FreeFlight Systems, Inc.
• Garmin Ltd.
• Harris Corporation
• Honeywell International, Inc.
• Indra Sistemas, S.A.
• L-3 Technologies, Inc.
• Rockwell Collins, Inc.

Segment Analysis

By Type

"ADS-B In segment is estimated to register the highest growth during the forecast"

The market is segmented as ADS-B Out, ADS-B In, and ADS-B ground stations. The ADS-B In segment is estimated to register the highest growth during the forecast. This growth is mainly attributed to the additional safety features and situational cognizance that ADS-B In provides to aircraft pilots.

By Application Type

"TMA surveillance segment held the largest share of the market in 2021"

The market is segmented as Terminal Manoeuvring Airspace (TMA) Surveillance and Airborne Surveillance. The TMA surveillance segment held the largest share of the market in 2021. TMA surveillance comprises services such as Non-Radar Airspace (NRA) Surveillance, Radar Airspace (RAD) Surveillance, and On Airport Surface (APT) Surveillance. Mounting airspace overcrowding and the rising demand for construction of new airports have ushered in the development of efficient and safe TMA surveillance systems.

Regional Analysis

"North America is estimated to dominate the ADS-B market during the forecast period"

North America is estimated to dominate the ADS-B market during the forecast period, owing to the FAA mandate for ADS-B installation on all aircraft and the regional presence of component integrators, Original Equipment Manufacturers (OEMs), and subcomponent manufacturers.
These factors are propelling the growth of the North American ADS-B market. Giant aircraft manufacturers have already incorporated ADS-B in their new manufactured aircraft as a forward fit option. Further, other aircraft owners are retrofitting ADS-B systems onboard their aircraft. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years.

Know the high-growth countries in this report. Register Here

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The automatic dependent surveillance broadcast market is segmented into the following categories:

By Type

• On-Board (Platform)
• ADS-B Ground Station

By Application Type

• Terminal Manoeuvring Airspace (TMA) Surveillance
• Airborne Surveillance

By Fit Type

• Linefit
• Retrofit

By Component Type

• Transponder
• Receiver
• Antenna
• ADS-B Ground Receiver

By Platform Type

• Fixed Wing
• Rotary Wing

By Region 

• North America (Country Analysis: the USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and the rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Click Here, to learn the market segmentation details.

Research Methodology

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s automatic dependent surveillance broadcast market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com