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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market Size
The global automatic dependent surveillance-broadcast (ADS-B) market reached a value of USD 640.6 million in 2023. The market is assessed to grow at a CAGR of 15.1% during 2024-2032 to reach a value of USD 1,439.6 million by 2032.
Automatic Dependent Surveillance-Broadcast (ADS-B) Market Report Snapshots
Automatic Dependent Surveillance-Broadcast (ADS-B) Market Size
Automatic Dependent Surveillance-Broadcast (ADS-B) Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global automatic dependent surveillance-broadcast (ADS-B) market is projected to grow at a CAGR of 15.1% between 2024 and 2032.
The major drivers of the market include the increase in the ADS-B for UAVs, a rise in the research and development activities in the market, rise in the demand from emerging economies, and modernisation of air traffic management infrastructure.
Increase in the focus on safety within the aviation industry and a rise in the development of new airports are the key industry trends propelling the market's growth.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Based on type, the market is classified into on-board and ground stations.
The significant applications are terminal manoeuvring area (TMA) surveillance and airborne surveillance.
Based on fit, the market is divided into line fit and retrofit.
The different components are transponder, receiver, and antenna.
The different platforms are fixed wing and rotary wing.
The major players in the market are The major players in the industry are Honeywell International, Inc., L-3 Technologies, Inc., Indra Sistemas, S.A, Garmin Ltd., Collins Aerospace Inc, Aireon LLC, among others.
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