Automatic Dependent Surveillance-Broadcast (ADS-B) Market To 2027 Witness Excellent Revenue Growth, Emerging Trends & Forecast
Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market: Introduction
Automatic dependent surveillance-broadcast (ADS-B) is surveillance technology which enables an aircraft to determine its position through satellite navigation. Automatic dependent surveillance-broadcast (ADS-B) helps to track an aircraft through periodical broadcasts.
As a replacement for secondary surveillance radar, automatic dependent surveillance - broadcast (ADS–B) technology can be used by air traffic control ground stations to gather information regarding tracking of the aircraft. It can also be used by other aircrafts to enable situational awareness and allow self-separation.
Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market – Dynamics
Increasing Focus on Safety within the Aviation Industry
Automatic dependent surveillance-broadcast (ADS-B) has the ability to gather the information pertaining to situational awareness and aircraft positioning. Automatic dependent surveillance-broadcast (ADS-B) improves safety and efficiency in the air and on runways, reduces costs, and lessens harmful impact on the environment. It provides real-time information to air traffic control which improves operational efficiency within the aviation industry.
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High Dependency on On-board Systems
Automatic dependent surveillance-broadcast (ADS-B) is an automatic system which does not require any external stimulus. To provide surveillance information to other parties, the automatic dependent surveillance-broadcast (ADS-B) is highly dependent on the on-board system. Any major technical failure in the on-board system could hamper the whole communication. High dependency at on-board system to provide the actual information could hamper the growth of the market.
Lack of Network Infrastructure Hampering Growth of the Automatic Dependent Surveillance-Broadcast (ADS-B) Market
Globally, many countries lack proper network infrastructure which could hamper the growth of the market. Automatic dependent surveillance-broadcast (ADS-B) needs a strong network and communication infrastructure within a country to perform the task efficiently. Absence of network and communication infrastructure in many countries would make them unable to optimally utilize the automatic dependent surveillance-broadcast (ADS-B) technology which could hamper the growth of the market.
North America Expected to Dominate the Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market
In terms of region, the global automatic dependent surveillance-broadcast (ADS-B) market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global automatic dependent surveillance-broadcast (ADS-B) market during the forecast period, due to developed network and communication infrastructure as well as extensive aircraft connectivity through North America compared to other regions.
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Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market – Competitive Landscape
- In October 2019, Federal Aviation Administration (FAA) approved AerTrak for Boeing 777-200 Series aircraft to comply with automatic dependent surveillance-broadcast (ADS-B).
- In September 2019, Boeing 737 Classic Series Aircraft was approved by Federal Aviation Administration (FAA) to comply with the automatic dependent surveillance-broadcast (ADS-B) operations mandate.
AerSale, Inc.
Established in 2008, AerSale, Inc. is an aftermarket provider of used commercial aircraft, engines, and components. In addition, the company offers a broad range of MRO and engineering services for commercial and government aircraft and components. The company is headquartered in Coral Gables, Florida, United States, offering its products & services in the United States, Europe, and Asia.
Harris Corporation
Established in 1895, Harris Corporation is an aerospace and defense technology provider. The company provides advanced defense and commercial technologies across air, land, sea, space, and cyber domains. Harris Corporation holds more than 3,000 patents with a strong R&D team of 20,000 + employees.
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