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Automatic Dependent Surveillance Broadcast (ADS-B) - Global Strategic Business Report

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    Report

  • 360 Pages
  • February 2024
  • Region: Global
  • Global Industry Analysts, Inc
  • ID: 4804443

Global Automatic Dependent Surveillance Broadcast (ADS-B) Market to Reach $2.8 Billion by 2030

The global market for Automatic Dependent Surveillance Broadcast (ADS-B) estimated at US$703.2 Million in the year 2022, is projected to reach a revised size of US$2.8 Billion by 2030, growing at a CAGR of 19% over the analysis period 2022-2030. ADS-B Out, one of the segments analyzed in the report, is projected to record 18.9% CAGR and reach US$1.2 Billion by the end of the analysis period. Growth in the ADS-B In segment is estimated at 19.8% CAGR for the next 8-year period.

The U.S. Market is Estimated at $292.6 Million, While China is Forecast to Grow at 17.2% CAGR

The Automatic Dependent Surveillance Broadcast (ADS-B) market in the U.S. is estimated at US$292.6 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$318.7 Million by the year 2030 trailing a CAGR of 17.2% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 13.2% and 19.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 18.6% CAGR.

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

Economic Outlook

The global economic outlook is improving, and growth recovery, albeit on the lower side, is expected for this year and the next. The United States although witnessing slowing GDP growth in response to tight monetary and financial conditions, has nevertheless overcome the recession threat. Easing of headline inflation in Euro area is helping boost real incomes and is contributing to pick-up in economic activity. China is expected to see strong increases in GDP in the coming year as the pandemic threat recedes and the government sheds its zero-COVID policy. With optimistic GDP projections, India remains on-course to emerge into a US trillion economy by 2030, surpassing Japan and Germany.

The upturn, however, remains fragile and a number of interlocking challenges continue to run in parallel, such as continued uncertainty around the war in Ukraine; slower than expected decline in global headline inflation; continuation of food and fuel inflation as a persistent economic problem for most developing countries; and still high retail inflation and its impact on consumer confidence and spending. Countries and their governments are showing signs of weathering these challenges, which helps lift market sentiments. As governments continue to combat inflation to get it down to more economically conformable levels by raising interest rates, new job creation will slowdown and impact economic activity. Stricter regulatory environment and pressure to mainstream climate change into economic decisions will compound the complexity of challenges faced.

Although corporate investments can likely be held back by inflation worries and weaker demand, rise of new technologies will reverse partially this prevailing investment sentiment. Rise of generative AI; applied AI; industrializing machine learning; next-generation software development; Web3; cloud and edge computing; quantum technologies; electrification and renewables and climate technologies beyond electrification and renewables, will open up the global investment landscape. The technologies hold the potential to drive sizeable incremental growth and value to global GDP in the coming years. The short-term is expected to be a mixed bag of challenges and opportunities for both consumers and investors alike. There is always opportunity for businesses and their leaders who can chart a path forward with resilience and adaptability.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
Frequently Asked Questions about the Automatic Dependent Surveillance Broadcast (ADS-B) Market

What is the estimated value of the Automatic Dependent Surveillance Broadcast (ADS-B) Market?

The Automatic Dependent Surveillance Broadcast (ADS-B) Market was estimated to be valued at $703.2 Million in 2022.

What is the growth rate of the Automatic Dependent Surveillance Broadcast (ADS-B) Market?

The growth rate of the Automatic Dependent Surveillance Broadcast (ADS-B) Market is 18.9%, with an estimated value of $2800 Million by 2030.

What is the forecasted size of the Automatic Dependent Surveillance Broadcast (ADS-B) Market?

The Automatic Dependent Surveillance Broadcast (ADS-B) Market is estimated to be worth $2800 Million by 2030.

Who are the key companies in the Automatic Dependent Surveillance Broadcast (ADS-B) Market?

Key companies in the Automatic Dependent Surveillance Broadcast (ADS-B) Market include 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 and Dynon Avionics.

Table of Contents

I. METHODOLOGYII. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
  • Impact of COVID-19 Pandemic and Looming Global Recession
  • World Economic Growth Projections (Real GDP, Annual % Change) for 2020 through 2022
  • Aviation Industry Bites the Dust Amidst the Pandemic, Severely Impacting the Aerospace Supply Chain
  • Global Aerospace & Aviation Market Growth Outlook (In %) For Years 2019 Through 2025
  • As Coronavirus Spreads, the Economic Pain Affects All Areas of the Grounded Aviation Industry: Global Airlines Performance by Region for 2020 Vs 2019
  • Automatic Dependent Surveillance Broadcast (ADS-B) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • An Introduction to Automatic Dependent Surveillance Broadcast (ADS-B)
  • Global Market Prospects & Outlook
  • Myriad Advantages of ADS-B to Fuel Adoption of ADS-B
  • ADS-B In Systems & TMA Surveillance: Key Market Segments
  • ADS-B Out Mandate Set to Unleash Lucrative Opportunities for ADS-B Retrofit Market
  • Developed Economies at the Forefront of ADS-B Adoption
  • World Brands
  • Recent Market Activity
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
  • Need to Ease Air Traffic Congestion and Monitor Wider Area Not Covered by Radar Surveillance to Spur Growth in ADS-B Mandate
  • Global Commercial Aircraft Fleet Projections: Breakdown of Fleet (in Units) by Region for 2019 and 2039
  • Global Airline Industry: Number of Scheduled Passengers Boarded (in Million) for 2010-2020E
  • Investments into Airport Construction Projects: Potential for Growth
  • Global Investments into New and Existing Airport Construction Projects in US$ Million for the Years 2018 and 2022
  • Airport Improvement Projects: Percentage Breakdown of Global Investments for Improvement of Existing Airport by Type for the Period 2018 and 2022
  • ADS-B: An Important Component of Air Traffic Modernization Efforts
  • Sustained Emphasis on Improving Aircraft Safety Creates Fertile Environment for ADS-B Market
  • ADS-B Mandates and Proposals Worldwide Present Growth Opportunities for ADS-B-related Retrofit Market
  • World Makes Gradual Transition towards ADS-B Technology
  • Slow Progress towards Compliance
  • Integration of ADS-B into Drones: A Move to Enhance Safety
  • ADS-B Emerges as Intriguing Surveillance Technology for Safe Integration of Drones into Commercial Airspace
  • Number of Countries Worldwide Using Drones/UAVs by Type for the Years 2010 & 2020
  • Need for Advanced Tracking Technology in Drones Drives ADS-B Systems
  • Leveraging LTE-M Technology
  • Advantages of Low Power ADS-B for UAS: An Overview
  • ADS-B Technology Holds Tremendous Potential in Military Applications
  • US Military Aircraft: % of Aircraft Equipped with ADS-B Unit (As of 2019)
  • US Military Aircraft: Projected Number of Aircraft Equipped with ADS-B Unit by 2025
  • Space Industry Set to Play a Game-Changing Role in Next-Gen Aviation through Space-based ADS-B Systems
  • Significant Impact of ADS-B Mandate on Flight Training
  • ADS-B Data Analysis Could Help Aviation Recover from COVID-19 Outbreak
  • ADS-B Out Vs ADS-B In: An Overview
  • Need to Comply with ADS-B Out Mandate Fuels Airline Interest in ADS-B In
  • Portable ADS-B Receiver for Air Traffic Surveillance
  • Faulty Receiver Fingered as the Reason for ADS-B Problems with GPS in Few Aircrafts
  • Erroneous ADS-B Codes: A Concern for the Aviation Industry
  • Aviation Operators Raise Privacy Concerns Related to ADS-B Mandate
  • High Cost of Complying with ADS-B Mandate: A Major Restraint
4. GLOBAL MARKET PERSPECTIVE
  • TABLE 1: World Recent Past, Current & Future Analysis for Automatic Dependent Surveillance Broadcast (ADS-B) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 2: World Historic Review for Automatic Dependent Surveillance Broadcast (ADS-B) by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 3: World 14-Year Perspective for Automatic Dependent Surveillance Broadcast (ADS-B) by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2016, 2023 & 2030
  • TABLE 4: World Recent Past, Current & Future Analysis for ADS-B Out by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 5: World Historic Review for ADS-B Out by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 6: World 14-Year Perspective for ADS-B Out by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 7: World Recent Past, Current & Future Analysis for ADS-B In by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 8: World Historic Review for ADS-B In by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 9: World 14-Year Perspective for ADS-B In by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 10: World Recent Past, Current & Future Analysis for ADS-B Ground Stations by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 11: World Historic Review for ADS-B Ground Stations by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 12: World 14-Year Perspective for ADS-B Ground Stations by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 13: World Recent Past, Current & Future Analysis for Transponder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 14: World Historic Review for Transponder by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 15: World 14-Year Perspective for Transponder by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 16: World Recent Past, Current & Future Analysis for Receiver by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 17: World Historic Review for Receiver by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 18: World 14-Year Perspective for Receiver by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 19: World Recent Past, Current & Future Analysis for Antenna by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 20: World Historic Review for Antenna by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 21: World 14-Year Perspective for Antenna by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 22: World Recent Past, Current & Future Analysis for ADS-B Ground Receivers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 23: World Historic Review for ADS-B Ground Receivers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 24: World 14-Year Perspective for ADS-B Ground Receivers by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 25: World Recent Past, Current & Future Analysis for Other Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 26: World Historic Review for Other Components by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 27: World 14-Year Perspective for Other Components by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 28: World Recent Past, Current & Future Analysis for Terminal Maneuvering Area (TMA) Surveillance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 29: World Historic Review for Terminal Maneuvering Area (TMA) Surveillance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 30: World 14-Year Perspective for Terminal Maneuvering Area (TMA) Surveillance by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 31: World Recent Past, Current & Future Analysis for Airborne Surveillance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2022 through 2030 and % CAGR
  • TABLE 32: World Historic Review for Airborne Surveillance by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2016 through 2021 and % CAGR
  • TABLE 33: World 14-Year Perspective for Airborne Surveillance by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2016, 2023 & 2030
  • TABLE 34: World Automatic Dependent Surveillance Broadcast (ADS-B) Market Analysis of Annual Sales in US$ Thousand for Years 2016 through 2030
III. MARKET ANALYSIS
  • UNITED STATES
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
  • Air Traffic, Air Safety Awareness, and Modernization & Replacements to Drive Growth in the Market
  • Rising Significance of Space-based ADS-B Technology in ATC
  • CANADA
  • JAPAN
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
  • CHINA
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
  • EUROPE
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
  • Role of ADS-B in Advancing European Surveillance Modernization Efforts
  • ADS-B Mandate in Europe
  • FRANCE
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
  • GERMANY
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
  • ITALY
  • UNITED KINGDOM
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
  • REST OF EUROPE
  • ASIA-PACIFIC
  • Automatic Dependent Surveillance Broadcast (ADS-B) Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
  • REST OF WORLD
IV. COMPETITION

Companies Mentioned

A selection of companies mentioned in this report includes:

  • 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