Global ADS-B Market Growth (Status and Outlook) 2023-2029

Global ADS-B Market Growth (Status and Outlook) 2023-2029

ADS-B is an Automatic Dependent Surveillance–Broadcast system, an integral part for air traffic control. The ADS-B broadcasts important information such as aircraft velocity, position, and altitude at a set time intervals. The ADS-B functions by using a transponder to send accurate details of position to air traffic controllers. The ADS-B works by determining it position using GPS which is then broadcasted by transponder at intervals. 

LPI (LP Information)' newest research report, the “ADS-B Industry Forecast” looks at past sales and reviews total world ADS-B sales in 2022, providing a comprehensive analysis by region and market sector of projected ADS-B sales for 2023 through 2029. With ADS-B sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world ADS-B industry.

This Insight Report provides a comprehensive analysis of the global ADS-B landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on ADS-B portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global ADS-B market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for ADS-B and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global ADS-B.

The global ADS-B market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The ADS-B is operable in remote areas, on mountain side, low or very high altitudes, thus offers an additive advantage over the conventional ones. These features of ADS-B benefits the users to great extent allowing them to control traffic even of runaways, is one of the major factor driving the global ADS-B market. The ADS-B technology offers improved efficiency and safety to pilots, controllers and also to public. Further, it offers information on weather conditions, prevents the runaway incursions even at heavy rainfall and provide information to pilots which earlier only controllers used to get. These factors are expected to drive the global ADS-B market during the forecast period. 

This report presents a comprehensive overview, market shares, and growth opportunities of ADS-B market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
ADS-B In
ADS-B Out

Segmentation by application
ATC Surveillance
Airborne Surveillance
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Garmin
Honeywell International
ACSS (Aviation Communication & Surveillance Systems)
APPAREO SYSTEMS
Dynon Avionics
Rockwell Collins
Trig Avionics Limited
FreeFlight Systems
The Bendix Aviation Corporation
Aspen Avionics

Please note: The report will take approximately 2 business days to prepare and deliver.