Automatic Dependent Surveillance Broadcast Market to grow USD 1,316.9 million at CAGR of 20.61% by 2022 Report

The Automatic Dependent Surveillance Broadcast Market is projected to grow from USD 427.8 million in 2016 to USD 1,316.9 million by 2022, at a CAGR of 20.61% during the forecast period. Automatic Dependent Surveillance Broadcast (ADS–B) is a surveillance technology in which an aircraft determines its position via satellite navigation and periodically broadcasts it, enabling it to be tracked. The information can be received by air traffic control ground stations as a replacement for secondary radar as no interrogation signal is needed from the ground. It can also be received by other aircraft to provide situational awareness and allow self-separation.

ADS–B is an element of the US Next Generation Air Transportation System (NextGen), Airports Authority of India upgrade plans in line with ICAO Global Plan Initiatives and Aviation System Block Upgrade (ASBU) and the Single European Sky ATM Research (SESAR). ADS–B equipment is currently mandatory in portions of Australian airspace, the United States requires some aircraft to be equipped by 2020 and the equipment will be mandatory for some aircraft in Europe from 2017. Canada is currently using ADS-B for rather limited air traffic control, mainly in the Hudson Bay area.

The complete report of Automatic Dependent Surveillance Broadcast (ADS-B) Market by Type (On-Board, Ground Stations), Fit (Line, Retrofit), Platform (Fixed, Rotary), Component (Transponder, Receiver), Application (TMA, Airborne Surveillance), and Region – Global Forecast to 2022 is now available on http://bit.ly/2kGTJtD

ADS-B is transforming all segments of aviation. Real-time precision, shared situational awareness, advanced applications for pilots and controllers alike – these are the hallmarks of ADS-B NextGen surveillance. ADS–B is “automatic” in that it requires no pilot or external input. It is “dependent” in that it depends on data from the aircraft’s navigation system.

The growth of the Automatic Dependent Surveillance-Broadcast (ADS-B) market is attributed to the modernization of air traffic management infrastructure and development of new airports globally. The ADS-B market is projected to grow from USD 427.8 million in 2016 to USD 1,316.9 million by 2022, at a CAGR of 20.61% during the forecast period. Implementation of ADS-B ground infrastructure at a national level is expected to restrain the growth of the ADS-B market.

The ADS-B market has been segmented on the basis of type, application, fit, component, platform, and region. Based on type, the market has been segmented into ADS-B Out, ADS-B In, and ADS-B ground stations. Among all types, the ADS-B In segment is projected to grow at the highest CAGR from 2016 to 2022. This growth is mainly driven by additional safety features and situational awareness that ADS-B In provides to aircraft pilots.

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Break of primary participants in Automatic Dependent Surveillance Broadcast Market was as mentioned below:

By Company Type: Tier 1 – 35%, Tier 2 – 30%, Tier 3 – 35%

By Designation: Clevel – 25%, Director level – 30%, Others–45%

By Region:Asia Pacific– 45%, North America – 25%, Europe – 20%, Middle East & Africa – 6%, South America – 4%

Major players of Automatic Dependent Surveillance Broadcast Market Report are:

Furthermore, as a part of qualitative analysis, the research provides a comprehensive review of market drivers, restraints, opportunities, and challenges. Implementation of ADS-B ground infrastructure at a national level is expected to restrain the growth of the ADS-B market. Key players operating in this market include Honeywell International, Inc. (U.S.), L3 Technologies, Inc. (U.S.), Esterline Technologies Corporation (U.S.), Garmin Ltd. (Switzerland), Rockwell Collins, Inc. (U.S.), Indra Sistemas, S.A. (Spain), Harris Corporation (U.S.), Thales Group (France), Avidyne Corporation (U.S.), and Trig Avionics Ltd. (U.K.) among others.

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Comprehensive information about emerging markets. This report analyzes the market for various Automatic Dependent Surveillance Broadcast products across geographies

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Exhaustive information about new products, untapped geographies, recent developments, and investments in the Automatic Dependent Surveillance Broadcast market

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The market is segmented on the basis of type, application, and region. This report covers the Automatic Dependent Surveillance Broadcast market, in terms of volume and value, and forecasts its market size till 2022. The report also provides company profiles and competitive strategies adopted by the key players in the Automatic Dependent Surveillance Broadcast market. The report offers detailed information on major factors such as drivers, restraints, opportunities, industry-specific challenges, and winning imperatives influencing the growth of the market.

The Automatic Dependent Surveillance Broadcast market in APAC is expected to grow at the highest CAGR during the forecast period owing to the increasing investment in the semiconductor industry and higher consumption rate of consumer electronics in the region. The telecom and automotive verticals are also playing a significant role in the growth of the Automatic Dependent Surveillance Broadcast market in the region.

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