1:39 PM Automatic Dependent Surveillance Broadcast (ADS-B) Market to experience an impressive growth of 22.2% during 2020-2025 |
Automatic Dependent Surveillance Broadcast (ADS-B) Market Report: Trends, Analysis & Forecast up to 2025. Discover associated growth opportunities, market dynamics, success factors and more. Automatic dependent surveillance broadcast market is likely to witness an impressive CAGR of 22.2% during the forecast period. Implementation of ADS-B in aircraft attends to one of the most contributing factors underpinning the growth of the global ADS-B market. Upgradations in air traffic management infrastructure and development of new airports worldwide are the add-on factors fueling the demand for ADS-B. Rising volume of UAVs in airspace has further triggered off the need for integrating unmanned aerial vehicles equipped with air traffic control systems, which, in turn, is expected to drive the growth of the ADS-B market during the forecast period. Click here to get a Free Sample of the report (with additional insights): https://www.stratviewresearch.com/Request-Sample/635/automatic-dependent-surveillance-broadcast-market.html Or Read the summary of the report here: https://www.stratviewresearch.com/635/automatic-dependent-surveillance-broadcast-market.html Automatic Dependent Surveillance Broadcast (ADS-B) Market Segment Insights: By Type: The ADS-B In segment is estimated to register the highest growth during the forecast. This growth is mainly attributed to the additional safety features and situational cognizance that ADS-B In provides to aircraft pilots. By Application Type: The TMA surveillance segment held the largest share of the market in 2018. TMA surveillance comprises services such as Non-Radar Airspace (NRA) Surveillance, Radar Airspace (RAD) Surveillance, and On Airport Surface (APT) Surveillance. Mounting airspace overcrowding and the rising demand for construction of new airports have ushered in the development of efficient and safe TMA surveillance systems. By Region: North America is estimated to dominate the ADS-B market during the forecast period, owing to the FAA mandate for ADS-B installation on all aircraft and the regional presence of component integrators, Original Equipment Manufacturers (OEMs), and subcomponent manufacturers. These factors are propelling the growth of the North American ADS-B market. Giant aircraft manufacturers have already incorporated ADS-B in their new manufactured aircraft as a forward fit option. Further, other aircraft owners are retrofitting ADS-B systems onboard their aircraft. Europe and Asia-Pacific are also expected to offer substantial growth opportunities in the coming five years. Click below to run through the detailed ToC of the report: https://www.stratviewresearch.com/toc/635/automatic-dependent-surveillance-broadcast-market.html Features of the Report This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. Based on the research, a proper report is crafted with the following key features:
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