Automatic Dependent Surveillance Broadcast (ADS-B) Market to Reach $1.3 Billion by 2022 - Driven by Increasing Volume of UAVs in Airspace - Research and Markets

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Mar 31, 2017, 06:15 ET

DUBLIN, Mar 31, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Automatic Dependent Surveillance Broadcast (ADS-B) Market - Global Forecast to 2022" report to their offering.

The Automatic Dependent Surveillance-Broadcast (ADS-B) market is projected to grow from USD 427.8 Million in 2016 to USD 1,316.9 Million by 2022, at a CAGR of 20.61% during the forecast period. Implementation of ADS-B in aircraft serves to be one of the most significant factors driving the growth of the ADS-B market. Modernization of air traffic management infrastructure and development of new airports globally are additional factors propelling the demand for ADS-B. Increasing volume of UAVs in airspace has further led to the need for integrating unmanned aerial vehicles with air traffic control systems, which, in turn, is anticipated to drive the growth of the ADS-B market.

The ADS-B market has been segmented on the basis of type, application, fit, component, platform, and region. Based on type, the market has been segmented into ADS-B Out, ADS-B In, and ADS-B ground stations. Among all types, the ADS-B In segment is projected to grow at the highest CAGR from 2016 to 2022. This growth is mainly driven by additional safety features and situational awareness that ADS-B In provides to aircraft pilots.

Based on application, the ADS-B market has been classified into Terminal Maneuvering Area (TMA) surveillance and airborne surveillance. The TMA surveillance segment accounted for the largest share of the ADS-B market in 2016. TMA surveillance includes services such as Non Radar Airspace (NRA) Surveillance, Radar Airspace (RAD) Surveillance, and On Airport Surface (APT) Surveillance. Increasing airspace congestion and the growing demand for construction of new airports have led to the development of efficient and safe TMA surveillance systems.

Companies Mentioned

Aspen Avionics, Inc.
Avidyne Corporation
Esterline Technologies Corporation
Financial Highlights
Freeflight Systems
Garmin Ltd.
Harris Corporation
Honeywell International, Inc.
Indra Sistemas, S.A.
L-3 Technologies, Inc.
Rockwell Collins, Inc.
Thales Group
Trig Avionics Ltd.

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Automatic Dependent Surveillance-Broadcast (ADS-B) Market, By Type

8 Automatic Dependent Surveillance-Broadcast (ADS-B) Market, By Application

9 Automatic Dependent Surveillance-Broadcast (ADS-B) Market, By Fit

10 Automatic Dependent Surveillance-Broadcast (ADS-B) Market, By Component

11 Automatic Dependent Surveillance-Broadcast (ADS-B) (On-Board) Market, By Platform

12 Regional Analysis

13 Competitive Landscape

14 Company Profiles

15 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/8qp9kw/automatic

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SOURCE Research and Markets