The global automatic dependent surveillance-broadcast market was valued at USD 847.9 million in 2020. It is expected to grow from USD 901.7 million in 2021 to USD 2,877.5 million by 2028, reflecting a compound annual growth rate (CAGR) of 18.03% during the 2021-2028 period. In 2020, North America led the ADS-B market, holding a market share of 34.85%.

The automatic dependent surveillance broadcast market is a vital segment of the aviation industry, providing enhanced situational awareness and safety for air traffic management. ADS-B technology enables aircraft to determine their position using satellite navigation and broadcast this information to ground stations and other aircraft. This real-time data exchange significantly improves communication and coordination in busy airspace, facilitating safer and more efficient flight operations. With increasing global air traffic and regulatory mandates promoting the adoption of ADS-B systems, the market is experiencing substantial growth. As airlines and operators invest in modernizing their fleets, the ADS-B market is expected to play a crucial role in shaping the future of aviation safety and efficiency.

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Segmentation

The ADS-B market can be segmented into various categories, allowing for a comprehensive analysis of its dynamics:

  1. By Component
  1. By End-User
  1. By Region