North America Automatic Dependent Surveillance Broadcast Market Overview:
Automatic dependent surveillance broadcast helps the aircraft to find its position through satellite navigation. This technology helps to track the aircraft. Automatic dependent surveillance comes under Future air navigation system. Through this system the air traffic can be controlled. Further it can be divided into three subsystems such as communication, ground based, and aircraft based. It provides air to air surveillance, safety enhancement and knowledge of air traffic. Since, it has these wide applications, the demand of automatic surveillance broadcast is growing.
As per latest study released by AMA Research, the North America Automatic Dependent Surveillance Broadcast market is expected to see growth rate of 19.5%Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Forecast Period | 2023-2028 |
Historical Period | 2018-2022 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Rising Preference of Air Transport by the Travelers
Market Growth Drivers:
Rising Safety Concern is driving the Market of Automatic Dependent Surveillance Broadcast and Rising Air Traffic is Fueling the Growth
Challenges:
Changing Technology May Hamper the Market
Restraints:
Risk of communication failure may hamper the market
Opportunities:
Growing Modernization of Infrastructure of Air Traffic and Stringent Government Regulations
Competitive Landscape:
The competition in the Automatic dependent surveillance broadcast is intense. They are looking for the technological developments which will propel the market. Emerging countries are to estimate positive growth due to rapid urbanization, increase in living standards over the coming years.
Some of the key players profiled in the report are Honeywell (United States), L-3 (United States), Esterline (United States), Garmin (United States), Rockwell Collins (United States), Harris (United States), Avidyne (United States), Freeflight Systems (United States) and Aspen Avionics (United States). Additionally, following companies can also be profiled that are part of our coverage like Indra Sistemas, S.A. (Spain), Thales Group (France), Trig Avionics Ltd. (U.K.), Boeing Company (United States.), Airbus Group (France), Gulfstream Aerospace Corporation (United States.), Bombardier Inc. (Canada) and Embraer SA (Brazil). Analyst at AMA Research see Japan Manufacturers to retain maximum share of North America Automatic Dependent Surveillance Broadcast market by 2028. Considering Market by Components, the sub-segment i.e. Pilot interface will boost the Automatic Dependent Surveillance Broadcast market.
Latest Market Insights:
On 17th Dec 2021, Thales and Aeronav will provide new CNS/ATM (Communication, Navigation Surveillance/Air Traffic Management) systems to the civil aviation authority of Haiti (Office National de l’Aviation Civile – OFNAC) to update and optimize the country's air traffic management capabilities.
On 14th April 2021, Garmin International, Inc., a unit of Garmin Ltd. (NASDAQ: GRMN), announced the European Union Aviation Safety Agency (EASA) approval of an Automatic Dependent Surveillance-Broadcast (ADS-B) solution for the ATR 42 and ATR 72 turboprop aircraft. and In March 2019, Transdigm has acquired Easter line technologies. This acquisition will help to expand the content of Transdigm platform for aerospace and defense.
91.225 Automatic Dependent Surveillance-Broadcast (ADS-B) Out equipment and use., (a) After January 1, 2020, unless otherwise authorized by ATC, no person may operate an aircraft in Class A airspace unless the aircraft has equipment installed that -, (1) Meets the performance requirements in TSO-C166b, Extended Squitter Automatic Dependent Surveillance-Broadcast (ADS-B) and Traffic Information Service-Broadcast (TIS-B) Equipment Operating on the Radio Frequency of 1090 Megahertz (MHz); and and (2) Meets the requirements of § 91.227.
Analyst View
The sudden and unanticipated emergence of the new coronavirus pandemic, which first affected the Chinese region at the end of 2019, followed by the aggressive international spread in 2020, has had a negative influence on the autonomous ships industry. The pandemic has yielded a mixed bag of results. While the market for autonomous ships is shrinking, other industries, including as medical experts and service providers, have seen a massive increase in global demand since the pandemic. Furthermore, the market's ability to fulfil the needs of the worldwide target audience is hampered by the declining degree of demand, as well as the essential and trustworthy absence of skilled labour and market players to meet the minimal demand.
What Can be Explored with the Automatic Dependent Surveillance Broadcast Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the North America Automatic Dependent Surveillance Broadcast Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Automatic Dependent Surveillance Broadcast
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the North America Automatic Dependent Surveillance Broadcast market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Automatic Dependent Surveillance Broadcast market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers, Raw Material Suppliers, Distributors and Traders, Research Organizations, Government Agencies and Organizations.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.