Automatic Dependent Surveillance Broadcast Market Trends

Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market Overview

Automatic Dependent Surveillance-Broadcast (ADS-B) Market is expected to grow USD 27.86 Billion at a CAGR 20.61% by 2020-2030

ADS-B can be recognized as a surveillance technology that enables an aircraft in determining its current position through satellite navigation. ADS-B market has been highly fragmented with the presence of a large number of players catering to the increasing demand in the global market premises.

Covid-19 Analysis

The autonomous ships market has had a bad impact because of the sudden and unprepared outbreak of the novel coronavirus pandemic that hit first the Chinese region at the end of 2019 followed by the obnoxious international spread in 2020. The pandemic has brought mixed results. While the autonomous ships market size is witnessing a declined growth, there are others like the medical professionals and service providers who have witnessed a huge surge in the global demand after the pandemic hit. Also, the declined degree of demand followed by the required and reliable absence of the skilled labor and market players to meet the minimal demand is further, hampering the ability of the market to meet the needs of the global target audience.

However, the automatic dependent surveillance-broadcast market players and global governments are witnessing the rising need for the market players, producers, and manufacturers that are a part of the global market. The market is increasing its investment and further, reducing its restrictions like lockdowns that will be helpful for the market players to function and opt for easy entry and exit in the free market especially during the ongoing forecast period that ends in following the pandemic year of 2020.

Market Dynamics

Drivers

The Global ADS-B Market has witnessed a high degree of growth in recent years owing to the increasing development of new airports and rising air passenger traffic. Similar trends are expected to follow during the ongoing forecast period that will be ending in. The market is witnessing the emergence of market factors that are contributing to the growth of the market are stringent government regulations regarding aircraft safety followed by the growing adoption of ADS-B systems by various prominent and participating countries such as Singapore, Australia, and others.

Restraints

However, the automatic dependent surveillance-broadcast market system is witnessing the birth of relevant challenges that might hamper the market from growing during the ongoing period that will be ending in . One of the prominent market factors that might hamper the market growth is the high cost of installation and installation that will hamper the market from growing based on its true potential in the forecast period.

Technology Analysis

The dependent surveillance-broadcast market is witnessing the birth and deployment of excellent technological advancements in the product lanes that is likely to provide the market with the much-needed boost to grow, dwell, and hence, cover the losses that have been incurred due to the obnoxious spread of the novel coronavirus pandemic in 2019 and 2020. The market trends are projecting that there is an increase in the adoption of ADS-B for UAVs which is also expected to drive the market growth and hence, expand the revenue quantum for the market that has been projected by the business chiefs for the ongoing forecast period that ends in.

Study Objectives

The automatic dependent surveillance-broadcast equipment market has been prepared to help the market investors understand the scope and scale of market operations followed by the trends that either support the growth of the market or the factors that might restrain the market from growing during the period that ends in.

The drone automatic dependent surveillance Broadcast report discusses other market factors like the rising market competition followed by the basis on which the global market has been segmented along with the rising companies that are playing a prominent role in the market’s expansion during the period.

Segment Overview

Based on the Type

The Automatic Dependent Surveillance-Broadcast Market has been segmented based on the market type and includes:

• ADS-B Out


• ADS-B In


• ADS-B Ground Stations

Based on the Application

• Terminal Maneuvering Area Surveillance


• Airborne Surveillance


• Automatic Dependent Surveillance-Broadcast Market, By Fit

Based on the Line Fit

• Retrofit

• Transponder


• Receiver


• Antenna


• ADS-B Ground Receivers


• Others

Based on the Platform

• Fixed Wing


• Rotary Wing

Based on the Region

• North America


• Europe


• Asia-Pacific


• Rest of the World

Regional Analysis

North America: The North American market dominates the ADS-B market. This trend is projected to continue during the forecast period that ends in  due to the presence of prominent aviation ADS-B providers. Some of the prominent ones include Honeywell International, Inc. and others like L3 Harris Technologies, Inc.

Europe: the market is home to new product launches by prominent ADS-B providers headquartered in the European region is driving the market growth in the region.

Asia-Pacific: The market in this region is likely to expand at a higher market CAGR during the forecast period that ends in. There has been a steep rise in the air passenger traffic in countries such as China and India are driving the market growth in the region during the period.

Rest of the World: The upcoming government mandate and regulations that are of the usage of ADS-B is expected to drive the global market growth in the region. For example, according to information that has been circulated by the U.A.E. Information Bulletin 2017-20 and CAR Part IV Aircraft Operations CAR OPS 1.867 ADS-B will be termed as essential in the Emirates flight information region (FIR) starting January 2020.

Competitive Landscape

The automatic dependent surveillance-broadcast (ads-b) system market is witnessing the demand of the market at a propelling rate during the ongoing forecast period that will be ending in . The global market report helps in discussing the rise of global market competition that is a result of the recent developments that have been undertaken by the following market players:

• Honeywell International, Inc. (U.S.)


• Embraer SA (Brazil)


• L3 Technologies, Inc. (U.S.)


• Esterline Technologies Corporation (U.S.)


• Bombardier Inc. (Canada)


• Garmin Ltd. (Switzerland)


• Airbus Group (France)


• Rockwell Collins, Inc. (U.S.)


• Gulfstream Aerospace Corporation (U.S.)

Recent Developments

• The rising market trends suggest that there has been an increase in the adoption of ADS-B for UAVs: ADS-B and the same is being developed to ensure a better degree of airspace safety and increase situational awareness, thereby greatly reducing the collision risks and other serious issues. Also, the ADS-B technology helps the UAV functional operators to sense and avoid possible collisions. Therefore, all these factors have an excellent role to play in driving the growth of the market during the ongoing forecast period that will be ending in .


• Also, the rising market trends suggest that there has been a substantial increase in air passenger traffic that has positive attributes in store for the market size during the ongoing forecast period.


• The Automatic Dependent Surveillance-Broadcast Market is rendering an excellent amount of support to conduct the process related to the development of new airports further, has excellent attributes in store for the global market especially during the forecast period that will be ending in.

Intended Audience

• Manufacturers of ADS-B Systems


• Original Equipment Manufacturers (OEMs)


• Subcomponent Manufacturers


• Technology Support Providers


• Government and Certification Bodies


• Aircraft Manufacturer Associations

Report Overview

The global market report has been prepared to help the market investors take their decisions, and the report further, provides a competitive landscape of this market followed by the company profiles that based on their financial positions, product portfolios, growth strategies, and an in-depth analysis of the core competencies that are possessed by them. Also, the market report includes the rising market shares to anticipate the degree of competition prevailing in the market. This report also helps to track and analyze the competitive developments such as partnerships, contracts, expansions, mergers, joint ventures, and acquisitions, new product developments, and research and development activities in the ADS-B market.