Lucintel Forecasts the Global Automatic Dependent Surveillance Broadcast Market to Reach $2.1 billion by 2030
Lucintel Forecasts the Global Automatic Dependent Surveillance Broadcast Market to Reach $2.1 billion by 2030
Blog Article
According to a market report by Lucintel, the future of the global automatic dependent surveillance broadcast market looks promising with opportunities in the terminal maneuvering area surveillance, airborne surveillance, and aerospace & defense markets. The global automatic dependent surveillance broadcast market is expected to reach an estimated $2.1 billion by 2030 from $0.8 billion in 2024, at a CAGR of 18.4% from 2024 to 2030. The major drivers for this market are increasing research and development of lightweight, tiny, and affordable unmanned aerial vehicle surveillance systems, the growing need for cutting-edge surveillance systems to track and safeguard airplanes, as well as, the global emphasis on updating air traffic management systems.
A more than 150-page report to understand trends, opportunity and forecast in automatic dependent surveillance broadcast market to 2030 by type (ADS-B out, ADS-B in, and ADS-B ground station), component (transponder, receiver, antenna, and ADS-B ground receivers), fit (line fit and retrofit), application (terminal maneuvering area surveillance and airborne surveillance), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that ADS-B is expected to witness the highest growth over the forecast period due to additional safety features and situational awareness.
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North America is expected to witness highest growth over the forecast period due to the highest number of air travelers, a flourishing aviation industry, and the presence of multiple airports.
Rivgasasha are the major suppliers in the automatic dependent surveillance broadcast market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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