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What is the present valuation and projected CAGR of the automatic dependent surveillance broadcast market?
The automatic dependent surveillance broadcast market size has grown rapidly in recent years. It will grow from $0.78 billion in 2024 to $0.93 billion in 2025 at a compound annual growth rate (CAGR) of 19.3%. The growth in the historic period can be attributed to regulatory mandates, increased airspace capacity, government subsidies and incentives, improved data sharing, and industry partnerships.
The automatic dependent surveillance broadcast market size is expected to see rapid growth in the next few years. It will grow to $1.87 billion in 2029 at a compound annual growth rate (CAGR) of 18.9%. The growth in the forecast period can be attributed to growth in air traffic, the proliferation of UAVs, growing interest in space-based ads-b solutions, increasing focus on environmental sustainability, cybersecurity concerns, and modernization efforts globally. Major trends in the forecast period include integration with unmanned traffic management systems, advancements in ADS-B technology, emergence of autonomous aircraft, retrofit installations, and innovation in ADS-B.
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What key drivers have fueled the automatic dependent surveillance broadcast market’s development over the years?
The increasing air traffic is expected to drive the growth of the automatic-dependent surveillance-broadcast market going forward. Air traffic refers to aircraft movement within a specific area or along a particular route. There is increasing air traffic due to the construction of new airports, expansion of existing facilities, and improvement of air traffic management systems that facilitated the growth of air travel capacity. Automatic dependent surveillance-broadcast (ADS-B) enhances air traffic management by providing real-time aircraft tracking and surveillance data for improved situational awareness and safety. For instance, in January 2024, according to the International Air Transport Association (IATA), a Switzerland-based airlines and aviation association, in 2023, Middle Eastern airlines witnessed a 33.3% surge in traffic compared to 2022, accompanied by a 26.0% rise in capacity and a load factor of 80.1%. Additionally, North American carriers noted a 28.3% year-on-year traffic boost, with a capacity increase of 22.4% and a load factor reaching 84.6%. Therefore, the increasing air traffic drives the growth of the automatic dependent surveillance-broadcast market.
What is the segmentation for the automatic dependent surveillance broadcast market?
The automatic dependent surveillance broadcast market covered in this report is segmented –
1) By Type: ADS-B Out, ADS-B In, ADS-B Ground Stations
2) By Fit: Retro Fit, Line Fit
3) By Platform: Fixed Wing, Rotary Wing
4) By Application: Terminal Maneuvering Area Surveillance, Airborne Surveillance, Automatic Dependent Surveillance
5) By Distribution: After market, Original Equipment Manufacturer (OEM)
Subsegments:
1) By ADS-B Out: Transmitters, Surveillance Equipment, Avionics Integration
2) By ADS-B In: Receivers, Display Systems, Flight Monitoring Systems
3) By ADS-B Ground Stations: Ground Surveillance Stations, Communication Equipment, Data Processing Systems
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Who are the most influential companies in the automatic dependent surveillance broadcast market?
Major companies operating in the automatic dependent surveillance broadcast market report are Lockheed Martin Corporation; Raytheon Company; Northrop Grumman Corporation; BAE Systems plc; NEC Corporation; Thales Group; L3Harris Technologies Inc; Textron Inc; Elbit Systems Ltd; Garmin Ltd.; Saab AB; Indra Sistemas S.A; Curtiss-Wright Corporation; Ultra Electronics Holdings plc; Chemring Group plc; Cobham plc; ASELSAN AS; Terma A/S; Gables Engineering; Appareo Systems; FreeFlight Systems; Aireon LLC; Gulf Coast Avionics; Southwest Antennas Inc.; ADS-B Technologies LLC
What are the top industry trends projected to impact the automatic dependent surveillance broadcast market?
Major companies operating in the automatic dependent surveillance-broadcast market focus on developing technologically advanced solutions, such as visualizing key metrics for enhanced safety. Innovations like AI analytics and compact systems are streamlining air traffic management across diverse aircraft. Visualizing key metrics means creating graphical representations of important data points to simplify understanding of performance and trends. For instance, Aireon LLC, a US-based manufacturing company that provides real-time air traffic surveillance data globally, launched a Safety Dashboard, The Safety Dashboard enhances aviation safety by providing real-time monitoring and analysis of key risk indicators, enabling proactive risk management. Its purpose is to drive data-driven decisions, improve compliance, and foster a strong safety culture within organizations.
What are the major regional insights for the automatic dependent surveillance broadcast market, and which region holds the top position?
North America was the largest region in the automatic dependent surveillance broadcast market in 2024. The regions covered in the automatic dependent surveillance broadcast market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
What Does The Automatic Dependent Surveillance Broadcast Market Report 2025 Offer?
The automatic dependent surveillance broadcast market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Automatic dependent surveillance-broadcast (ADS-B) is an aviation surveillance technology where aircraft automatically provide data such as identification, position, altitude, and additional information, via a data link derived from onboard navigation systems. This data is broadcasted for use by other aircraft, vehicles, and ground facilities without the need for external stimulus.
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