Automatic Dependent Surveillance-Broadcast Market Share, Analysis, and Growth by 2031
Automatic Dependent Surveillance-Broadcast Market: Strategic Insights
Automatic Dependent Surveillance-Broadcast Market
-
CAGR (2023 - 2031)15.6% -
Market Size 2023
US$ 735.7 Million -
Market Size 2031
US$ 3,214.5 Million
Market Dynamics
GROWTH DRIVERS
- Increasing Investment in Commercial Airports
FUTURE TRENDS
- Emergence of portable ADS-B
- establishment of norms for integrating ADS-B
- and increase in investment towards expansion of aircraft fleet
OPPORTUNITIES
- Deployment of ADS-B for Military Purpose
Key Players
- Avidyne Corporation
- Aspen Avionics Inc
- Collins Aerospace
- FreeFlight Systems
- Garmin Ltd
- Honeywell International Inc
- Indra Sistemas
- S A
- L3Harris Technologies Inc
- Trig Avionics Limited
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type
- On-Board and Ground Stations
Application
- Terminal Manoeuvring Airspace
Component
- Antenna
- Receiver
- Transponder
- ADS-B Ground Receivers