February 10, 2023/Industry News Global/ -- This new report from Stratview Research analyses the Automatic Dependent Surveillance Broadcast (ADS-B) Market over the trend period from 2014 to 2019 and the forecast period from 2020 to 2026. The insights of the report shall enable informed decision-making and strategy formulation for the near future to capitalize on the opportunities.
Automatic Dependent Surveillance Broadcast (ADS-B) Market Overview:
Automatic dependent surveillance broadcast market is likely to witness an impressive CAGR of 22.2% during the forecast period.
Drivers
· Implementation of ADS-B in aircraft attends to one of the most contributing factors underpinning the growth of the global ADS-B market.
· Upgradations in air traffic management infrastructure and development of new airports worldwide are the add-on factors fueling the demand for ADS-B.
· Rising volume of UAVs in airspace has further triggered off the need for integrating unmanned aerial vehicles equipped with air traffic control systems, which, in turn, is expected to drive the growth of the ADS-B market during the forecast period.
Key Players
Some of the major players in the automatic dependent surveillance broadcast market are-
- Aspen Avionics, Inc.
- Avidyne Corporation
- Esterline Technologies Corporation
- FreeFlight Systems, Inc.
- Garmin Ltd.
- Harris Corporation
- Honeywell International, Inc.
- Indra Sistemas, S.A.
- L-3 Technologies, Inc.
- Rockwell Collins, Inc.
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