The global market for Automatic Dependent Surveillance Broadcast (ADS-B) is estimated at US$908.3 Million in 2023 and is projected to reach US$3.1 Billion by 2030, growing at a CAGR of 19.0% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.
The growth in the Automatic Dependent Surveillance Broadcast (ADS-B) market is driven by several factors. Regulatory mandates by aviation authorities, such as the Federal Aviation Administration (FAA) in the United States and the European Aviation Safety Agency (EASA), requiring ADS-B Out equipment on most aircraft, are a significant driver. These regulations aim to enhance airspace safety and efficiency, compelling airlines and operators to invest in ADS-B technology. The increasing air traffic volume and the need for improved airspace management to accommodate more flights with enhanced safety margins are also propelling the market. Technological advancements, including the development of more affordable and reliable ADS-B systems, are making adoption easier for various aviation segments. Furthermore, the growing importance of UAVs and their integration into controlled airspace necessitate advanced surveillance technologies like ADS-B to ensure safe operations. ADS-B is also emerging as an intriguing surveillance technology for safe integration of drones into commercial airspace. These factors, coupled with continuous innovation and the expanding applications of ADS-B in air traffic management, are expected to drive sustained growth in the ADS-B market in the coming years.
The growth in the Automatic Dependent Surveillance Broadcast (ADS-B) market is driven by several factors. Regulatory mandates by aviation authorities, such as the Federal Aviation Administration (FAA) in the United States and the European Aviation Safety Agency (EASA), requiring ADS-B Out equipment on most aircraft, are a significant driver. These regulations aim to enhance airspace safety and efficiency, compelling airlines and operators to invest in ADS-B technology. The increasing air traffic volume and the need for improved airspace management to accommodate more flights with enhanced safety margins are also propelling the market. Technological advancements, including the development of more affordable and reliable ADS-B systems, are making adoption easier for various aviation segments. Furthermore, the growing importance of UAVs and their integration into controlled airspace necessitate advanced surveillance technologies like ADS-B to ensure safe operations. ADS-B is also emerging as an intriguing surveillance technology for safe integration of drones into commercial airspace. These factors, coupled with continuous innovation and the expanding applications of ADS-B in air traffic management, are expected to drive sustained growth in the ADS-B market in the coming years.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the ADS-B Transponder segment, which is expected to reach US$1.0 Billion by 2030 with a CAGR of a 19.0%. The ADS-B Receiver segment is also set to grow at 20.5% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $347.5 Million in 2023, and China, forecasted to grow at an impressive 17.4% CAGR to reach $318.7 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Automatic Dependent Surveillance Broadcast (ADS-B) Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automatic Dependent Surveillance Broadcast (ADS-B) Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Automatic Dependent Surveillance Broadcast (ADS-B) Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Collins Aerospace, Garmin International, Inc., GKN Aerospace Services Limited, and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Select Competitors (Total 49 Featured):
- Collins Aerospace
- Garmin International, Inc.
- GKN Aerospace Services Limited
- Aspen Avionics, Inc.
- Avidyne Corporation
- Becker Avionics, Inc.
- Easat Radar Systems Ltd.
- ELDIS Pardubice Sro
- FreeFlight Systems
- Dynon Avionics
- FLARM Technology Ltd.
- AerSale, Inc.
- Aireon LLC
- ADS-B Technologies
- GRT Avionics
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYREST OF EUROPEREST OF WORLDIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
Companies Mentioned
- Collins Aerospace
- Garmin International, Inc.
- GKN Aerospace Services Limited
- Aspen Avionics, Inc.
- Avidyne Corporation
- Becker Avionics, Inc.
- Easat Radar Systems Ltd.
- ELDIS Pardubice Sro
- FreeFlight Systems
- Dynon Avionics
- FLARM Technology Ltd.
- AerSale, Inc.
- Aireon LLC
- ADS-B Technologies
- GRT Avionics
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 360 |
| Published | November 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 908.3 Million |
| Forecasted Market Value ( USD | $ 3100 Million |
| Compound Annual Growth Rate | 19.0% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
