Press release
Global ADS-B Market: Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025
The ADS-B offers much advanced features such as enhanced precision in the sky coupled with clear information exchange. The demand for ADS-B systems is expected to be seen significantly high since the adoption of ADS-B systems will be vital by 2020. Thus, the manufacturers are expected to be benefited by this compulsion of ADB-S use. Also, when compared to conventional radar technology ADS-B requires much reduced operational costs. The global ADS-B market is expected to gain higher traction over the forecast period owing to the exceptional features offered by ADS-B in controlling air traffic.
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Global ADS-B Market: Drivers and Restraints
The ADS-B is operable in remote areas, on mountain side, low or very high altitudes, thus offers an additive advantage over the conventional ones. These features of ADS-B benefits the users to great extent allowing them to control traffic even of runaways, is one of the major factor driving the global ADS-B market. The ADS-B technology offers improved efficiency and safety to pilots, controllers and also to public. Further, it offers information on weather conditions, prevents the runaway incursions even at heavy rainfall and provide information to pilots which earlier only controllers used to get. These factors are expected to drive the global ADS-B market during the forecast period. Also, according to the regulation passed from FAA (The Federal Aviation Administration) the aircraft defined under 91.225 regulation should possess ADS-B system which will be effective from the year 2020. The strict government regulation is expected to boost the global ADS-B market by 2026 end.
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Global ADS-B Market: Segmentation
On the basis of ADS-B type, ADS-B market is segmented into:-
ADS-B In,ADS-B Out
On the basis of applications, ADS-B market is segmented into:-
ATC surveillance,Separation,Safety Nets,Traffic Information,Airborne surveillance,Cockpit display,Delegated separation,Others.
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Global ADS-B Market: Region wise Outlook
The transition of avionics from radar base technology to ADS-B based is expected to get high demand over the forecast period owing to acceptance from FAA. The global ADS-B market is divided into seven regions, namely North America, Latin America, Asia Pacific excluding Japan (APEJ), Western Europe, Eastern Europe, Japan and Middle East and Africa (MEA). North America and Europe holds major share in the global ADS-B sets market in terms of revenue and expected to dominate the market owing to high usage of ADS-B technology. Further, the strict regulations for aircrafts pilot is expected to aid in the growth of ADS-B in these regions.
Global ADS-B Market: Key Players
Some of the key players identified in the global ADS-B market includes:
Garmin Ltd.,Honeywell International Inc.,ACSS (Aviation Communication & Surveillance Systems),APPAREO SYSTEMS, LLC.,Dynon Avionics,Rockwell Collins,Trig Avionics Limited,FreeFlight Systems,The Bendix Aviation Corporation,Aspen Avionics.
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