Automatic Dependent Surveillance Broadcast Market Scope 2031
The automatic dependent surveillance-broadcast market size is projected to reach US$ 3,214.5 million by 2031 from US$ 735.7 million in 2023. The market is expected to register a CAGR of 15.6% in 2023–2031. The emergence of portable ADS-B, establishment of norms for integrating ADS-B, and increase in investment towards the expansion of aircraft fleet are among the key trends driving the automatic dependent surveillance-broadcast market.
Automatic Dependent Surveillance-Broadcast Market Analysis
The increasing number of aircraft fleet orders and deliveries across the world, coupled with mandates for using ADS-B, is playing a positive role in boosting the adoption of ADS-B. Also, increasing investment to upgrade commercial airports with advanced facilities and technologies is anticipated to fuel the adoption of ADS-B. Additionally, projects approved by the aviation authorities of countries such as the US for using ADS-B in military applications are expected to provide ample growth opportunities to the manufacturers of ADS-B during the forecast period. Also, the emergence of portable ADS-B to save the cost of manufacturing & installing the standard ADS-B is expected to contribute the market growth.
Automatic Dependent Surveillance-Broadcast Market Overview
ADS-B is a surveillance technique in which no external stimulus is needed. This technique depends on airport vehicles and aircraft for broadcasting their position, identity, and other information obtained from onboard systems like GNSS. ADS-B exhibits features including high performance, environmental sustainability, global interoperability, and increased capacity & improved safety. Additionally, ADS-B surveillance infrastructure is less costly than primary radar technology, which makes it cost-efficient for surveillance purposes. A rise in investment toward the expansion of aircraft fleets across the globe is expected to drive the automatic dependent surveillance-broadcast market growth during the forecast period. In addition, Commercial aviation is foreseen to increase in the upcoming years due to the mounting number of air travellers and new aircraft procurement. In North America, Europe, & Asia Pacific region, air passenger traffic has been increasing with time, which is fueling the demand for commercial aircraft. In Asia Pacific, primarily in China and India, commercial aircraft for domestic travel has been proven to be cost-effective. This is expected to fuel the market growth in the coming years.
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Automatic Dependent Surveillance-Broadcast Market: Strategic Insights
Market Size Value in US$ 815.92 Million in 2019 Market Size Value by US$ 3020.20 Million by 2027 Growth rate CAGR of 18.3% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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Automatic Dependent Surveillance-Broadcast Market: Strategic Insights
Market Size Value in | US$ 815.92 Million in 2019 |
Market Size Value by | US$ 3020.20 Million by 2027 |
Growth rate | CAGR of 18.3% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Speak to AnalystAutomatic Dependent Surveillance-Broadcast Market Drivers and Opportunities
Increasing Investment in Commercial Airports
With the raising number of commercial airports worldwide, the adoption of ADS-B is also increasing. This technology is currently being executed in regions such as Europe, North America, and Asia. With the increasing infrastructure of commercial airports or renovation of existing airports, the number of ground equipment, such as ATC terminals, is also increasing, thus taking advantage of ADS-B for tracking aircraft. In countries such as China, Chongqing Jiangbei International Airport (CQIA) is among the 10th largest airports, which is undergoing a significant expansion plan. From investment, the airport is to receive international air hub status and will be the largest in western China by 2035. Another airport in China witnessing investment to develop an airport is Beijing Daxing International Airport.
SE Lithuanian Airports has signed an agreement worth US$ 81 million (€70 million) of loan with the Nordic Investment Bank to modernize Lithuania's three primary airports: Vilnius, Kaunas, and Palanga. Such projects related to the modernization of airports are projected to propel the adoption of advanced technologies, including ADS-B. The following data represents the investments in terms of constructing/upgrading/modernizing airports across regions such as North America to witness US$ 20 billion, APAC to see US$ 90.86 billion, SAM to experience US$ 1.12 billion, and MEA to US$ 42.92 billion for the development of their airports.
The mentioned investments to build new airports and modernize existing airports are anticipated to increase the deployment of advanced surveillance techniques to better track aircraft. Thus, they are positively contributing towards the deployment of ADS-B, which is driving the automatic dependent surveillance-broadcast market.
Deployment of ADS-B for Military Purpose
The scope of ADS-B is expanding to ensure the precise tracking of aircraft. With continuous technological advancements, the integration of ADS-B is increasing among military aircraft. As per the US Air Force, the Pentagon is anticipated to have 2,936 aircraft equipped with ADS-B Out guided by the FAA mandate. By 2025, the US DoD aims to have nearly 62% of their aircraft equipped with ADS-B (Out), including more than nearly 67% of helicopters, 35% of fighter aircrafts, and 100% of mobility, trainer aircraft, command & control/intelligence, surveillance, and reconnaissance (C2/ISR). Nearly 1,129 helicopters, 259 C2/ISR aircraft, 923 mobility aircraft, and 625 trainers are expected to be equipped with ADS-B as per the Air Force. In DoD, the aircraft that are projected to receive ADS-B Out include Boeing C-17 Globemasters, Lockheed Martin UH-60 Black Hawk helicopters, C-130, and C-5 transports. Such a massive deployment of ADS-B in military aviation is anticipated to influence the growth of the automatic dependent surveillance-broadcast market effectively.
Automatic Dependent Surveillance-Broadcast Market Report Segmentation Analysis
Key segments that contributed to the derivation of the automatic dependent surveillance-broadcast market analysis are type and end-user.
- Based on type, the automatic dependent surveillance-broadcast market has been divided into onboard stations and ground stations. The onboard stations segment held a larger market share in 2023.
- Based on the application, the automatic dependent surveillance-broadcast market has been divided into terminal maneuvering airspace (TMA) surveillance and airborne surveillance. The airborne surveillance segment held a larger market share in 2023.
- On the basis of components, the market has been segmented into antenna, receiver, transponder, and ads-b ground receivers. The transponder segment dominated the market in 2023.
Automatic Dependent Surveillance-Broadcast Market Share Analysis by Geography
The geographic scope of the automatic dependent surveillance-broadcast market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America dominated the automatic dependent surveillance-broadcast market in 2023. North America is the most technologically advanced region, with major economies including the US, Canada, and Mexico. These economies are classified by higher standards of living, high disposable individual incomes, and rapid technological advancements in aerospace engineering and airport construction. The North America region comprises the largest fleet of commercial and defense aircraft worldwide. The large number of operational commercial & military fleets in the domestic as well as international arena, coupled with a high average passenger mile travelled value in the region, fueled the demand for airport and aircraft communication components. The economies across the region have a considerable presence of both commercial and military airports. Some are upgrading ADS-B and associated systems in these airport sites for both ground and aircraft signal reception applications.
Automatic Dependent Surveillance-Broadcast Market Report Scope
Automatic Dependent Surveillance-Broadcast Market News and Recent Developments
The automatic dependent surveillance-broadcast market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for automatic dependent surveillance-broadcast market and strategies:
- In June 2023, Aireon and NAV Portugal launched space-based ADS-B. Through this, over 75% of the ICAO Northern Atlantic region’s airspace is now controlled based on real-time air traffic surveillance.
- In November 2020, Aireon partnered with the Federal Aviation Administration. This partnership aimed at the exploration of space-based ADS-B data exploration and hence strengthened the position of the company in this market.
Automatic Dependent Surveillance-Broadcast Market Report Coverage and Deliverables
The “Automatic Dependent Surveillance-Broadcast Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Market size and forecast at global, regional, & country levels for all the key market segments covered under the scope
- Market dynamics such as drivers, restraints, and key opportunities
- Key future trends
- Detailed Porter’s Five Forces analysis
- Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
- Detailed company profiles with SWOT analysis
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type , Component
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
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- Validates and strengthens in-house secondary research findings
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Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
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We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.