Global Automatic Dependent Surveillance Broadcast (ADS-B) market cagr 11.6%

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Automatic Dependent Surveillance Broadcast (ADS-

B) Market

Automatic Dependent Surveillance Broadcast (ADS-

B) Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031

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Automatic Dependent Surveillance Broadcast (ADS-B)

Market Size and Growth

The Automatic Dependent Surveillance Broadcast (ADS-B) market is experiencing significant growth, driven by increasing air traffic and regulatory mandates. The global market is projected to reach approximately $1.5 billion by 2028. Advances in technology and enhancements in air traffic management further bolster market expansion and adoption across various aviation sectors. Request Sample Report

Companies Covered

(Covid 19 Impact Covered)

◍ Financial Highlights

◍ Honeywell

◍ L-3

◍ Esterline

◍ Garmin

◍ Rockwell Collins

◍ Indra Sistemas

◍ Harris

◍ Thales

◍ Avidyne

◍ Trig Avionics

◍ Freeflight Systems

◍ Aspen Avionics

The ADS-B market features companies like Honeywell, L3, and Garmin, focusing on surveillance technology for aviation safety. These firms enhance market growth through innovative products and solutions. Notable sales revenue figures include:

- Honeywell: ~$36 billion (2022)

- Garmin: ~$4.2 billion (2022)

- Rockwell Collins: ~$23 billion (2018, prior to merger).

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Market Segmentation

By Application

◍ Terminal Maneuvering Area Surveillance

◍ Airborne Surveillance

By Product

◍ ADS-B Out

ADS-B In

ADS-B Ground Stations

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Market Growth

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$ X Billion USD

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