Automatic Dependent Surveillance-Broadcast (ADS-B) Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Automatic Dependent Surveillance-Broadcast Market
The automatic dependent surveillance-broadcast market size was valued at USD 847.9 million in 2020, and the market is now projected to grow from USD 901.7 million in 2021 to USD 2877.5 million by 2028, exhibiting a CAGR of 18.03% during the forecast period of 2021-2028.
A global pandemic situation exemplified by the current COVID-19 outbreak has had a negative impact on this industry and therefore on the products, such as the automatic dependent surveillance-broadcast (ADS-B). For instance, low results caused by low aircraft orders, difficult operating environment, and delay in delivery of commercial aircrafts.
Market driving forces are as follows: new investments in airport construction, ascending tendency of air traffic, innovations in the air traffic control. Serving millions of passengers daily, the FAA’s Air Traffic Organization manages a gigantic airspace, employing $4,16 billion ATS. On the same note, the understanding of AAI and Boeing towards improving India’s traffic navigation also points to increased global undertaking towards revamping air traffic facilities hence supporting market development.
The market development of smaller and cheaper ADS-B transceivers for UAVs is a positive development: uAvionix Echo ATU-20X for 978 MHz UAT transmitting and for frequencies 1090ES and 978UAT. Their ping1090i is the world’s smallest ADS-B transceiver at a mere 26 grams: it combines GPS, SBAS and a highly accurate barometric pressure sensor as an example of their cutting-edge lightweight surveillance product.
Comprehensive Analysis of Automatic Dependent Surveillance-Broadcast Market
The automatic dependent surveillance-broadcast market growth is rising at an exponential rate due to its market segmentation. This market expansion rightly provides a thorough market breakdown near to the industry considering the leading supply and demand forces. These segmentations are methodically segregated by component analysis, by platform analysis, by operation analysis, by application analysis and by end-use analysis. By component analysis include transponder, receiver, antenna, and ground receivers. By platform analysis include commercial aviation, business jets, unmanned aerial vehicles (UAV), and helicopters. By operation analysis include ADS-B in and out. By application analysis include ATC surveillance, airborne surveillance, and others. By end-use analysis include OEM and aftermarket.
The North America region lead the automatic dependent surveillance-broadcast market share by benefitting a market size of USD 295.5 million in 2020 due to the presence of the highest number of airports.
The top players in the markets have a central responsibility in the aerospace & defence industry to be sure of industrial prospectus development and to establish the market norms. These players include, Aspen Avionics Inc., Avidyne Corporation, Collins Aerospace, FreeFlight Systems, Garmin Ltd., Honeywell International Inc., Indra Sistemas S.A., L3Harris Technologies Inc., Southwest Antennas Inc., Thales Group, Trig Avionics Limited these market players provide a level-playing competitive landscape.
In September 2020, China Eastern Airlines contracted Thales Group to equip its B737 fleet with NXT-800 DO-260B compliant transponders, aligning with the CAAC ADS-B Out mandate.
Segmentation Table
ATTRIBUTE
DETAILS
Study Period
2017-2028
Base Year
2020
Estimated Year
2021
Forecast Period
2021-2028
Historical Period
2017-2019
Unit
Value (USD million)
Segmentation
By Component
Transponder
Receiver
Antenna
Ground Receivers
By Platform
Commercial Aviation
Business Jets
Unmanned Aerial Vehicle
Helicopters
By Operation
ADS-B In
ADS-B Out
By Application
ATC Surveillance
Airborne Surveillance
Others
By End-Use
OEM
Aftermarket
By Geography
North America (By Component, Platform, Operation, Application, End-Use, and Country)
- U.S. (By Platform)
- Canada (By Platform)
Europe (By Component, Platform, Operation, Application, End-Use, and Country)
- U.K. (By Platform)
- Germany (By Platform)
- France (By Platform)
- Russia (By Platform)
- Rest of Europe (By Platform)
Asia-Pacific (By Component, Platform, Operation, Application, End-Use, and Country)
- China (By Platform)
- India (By Platform)
- Japan (By Platform)
- Australia (By Platform)
- Rest of Asia-Pacific (By Platform)
Rest of the World (By Component, Platform, Operation, Application, End-Use, and Sub-Region)
- Latin America (By Platform)
- The Middle East and Africa (By Platform)
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