PUBLISHER: Lucintel | PRODUCT CODE: 1386538
PUBLISHER: Lucintel | PRODUCT CODE: 1386538
Automatic Dependent Surveillance Broadcast Trends and Forecast
The future of the global automatic dependent surveillance broadcast market looks promising with opportunities in the tma, airborne surveillance markets. The global automatic dependent surveillance broadcast market is expected to reach an estimated $2.42 billion by 2030 with a CAGR of 15.2% from 2024 to 2030. The major drivers for this market are increasing mandates for ADS-B, growth of uavs in airspace, and modernization of air traffic management.
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Automatic Dependent Surveillance Broadcast by Segment
The study includes a forecast for the global automatic dependent surveillance broadcast by type, component, application, and region.
Automatic Dependent Surveillance Broadcast Market by Type [Shipment Analysis by Value from 2018 to 2030]:
Automatic Dependent Surveillance Broadcast Market by Component [Shipment Analysis by Value from 2018 to 2030]:
Automatic Dependent Surveillance Broadcast Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Automatic Dependent Surveillance Broadcast Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Automatic Dependent Surveillance Broadcast Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automatic dependent surveillance broadcast companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automatic dependent surveillance broadcast companies profiled in this report include-
Automatic Dependent Surveillance Broadcast Market Insights
Lucintel forecasts that on-board is expected to witness higher growth over the forecast period due to improved situational awareness, reduced maintenance costs, and high efficiency.
Within this market, TMA will remain the largest segment due to increasing airspace congestion and the high demand for new construction of airports.
North America is expected to witness highest growth over the forecast period due to presence of a large number of commercial aircraft.
Features of the Global Automatic Dependent Surveillance Broadcast Market
Market Size Estimates: Automatic dependent surveillance broadcast market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Automatic dependent surveillance broadcast market size by type, component, application, and region in terms of value ($B).
Regional Analysis: Automatic dependent surveillance broadcast market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different type, component, application, and regions for the automatic dependent surveillance broadcast market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the automatic dependent surveillance broadcast market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q.1 What is the automatic dependent surveillance broadcast market size?
Answer: The global automatic dependent surveillance broadcast market is expected to reach an estimated $2.42 billion by 2030.
Q.2 What is the growth forecast for automatic dependent surveillance broadcast market?
Answer: The global automatic dependent surveillance broadcast market is expected to grow with a CAGR of 15.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the automatic dependent surveillance broadcast market?
Answer: The major drivers for this market are increasing mandates for ads-b, growth of uavs in airspace and modernization of air traffic management.
Q4. What are the major segments for automatic dependent surveillance broadcast market?
Answer: The future of the automatic dependent surveillance broadcast market looks promising with opportunities in the tma, airborne surveillance markets.
Q5. Who are the key automatic dependent surveillance broadcast market companies?
Answer: Some of the key automatic dependent surveillance broadcast companies are as follows:
Q6. Which automatic dependent surveillance broadcast market segment will be the largest in future?
Answer: Lucintel forecasts that on-board is expected to witness higher growth over the forecast period due to improved situational awareness, reduced maintenance costs, and high efficiency.
Q7. In automatic dependent surveillance broadcast market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness highest growth over the forecast period due to presence of a large number of commercial aircraft.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.