Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market: Introduction
Automatic dependent surveillance-broadcast (ADS-B) is surveillance technology which enables an aircraft to determine its position through satellite navigation. Automatic dependent surveillance-broadcast (ADS-B) helps to track an aircraft through periodical broadcasts.
As a replacement for secondary surveillance radar, automatic dependent surveillance - broadcast (ADS–B) technology can be used by air traffic control ground stations to gather information regarding tracking of the aircraft. It can also be used by other aircrafts to enable situational awareness and allow self-separation.
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Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market – Dynamics
Increasing Focus on Safety within the Aviation Industry
Automatic dependent surveillance-broadcast (ADS-B) has the ability to gather the information pertaining to situational awareness and aircraft positioning. Automatic dependent surveillance-broadcast (ADS-B) improves safety and efficiency in the air and on runways, reduces costs, and lessens harmful impact on the environment. It provides real-time information to air traffic control which improves operational efficiency within the aviation industry.
High Dependency on On-board Systems
Automatic dependent surveillance-broadcast (ADS-B) is an automatic system which does not require any external stimulus. To provide surveillance information to other parties, the automatic dependent surveillance-broadcast (ADS-B) is highly dependent on the on-board system. Any major technical failure in the on-board system could hamper the whole communication. High dependency at on-board system to provide the actual information could hamper the growth of the market.
Lack of Network Infrastructure Hampering Growth of the Automatic Dependent Surveillance-Broadcast (ADS-B) Market
Globally, many countries lack proper network infrastructure which could hamper the growth of the market. Automatic dependent surveillance-broadcast (ADS-B) needs a strong network and communication infrastructure within a country to perform the task efficiently. Absence of network and communication infrastructure in many countries would make them unable to optimally utilize the automatic dependent surveillance-broadcast (ADS-B) technology which could hamper the growth of the market.
North America Expected to Dominate the Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market
In terms of region, the global automatic dependent surveillance-broadcast (ADS-B) market can be divided into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America is expected to dominate the global automatic dependent surveillance-broadcast (ADS-B) market during the forecast period, due to developed network and communication infrastructure as well as extensive aircraft connectivity through North America compared to other regions.
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Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market – Competitive Landscape
- In October 2019, Federal Aviation Administration (FAA) approved AerTrak for Boeing 777-200 Series aircraft to comply with automatic dependent surveillance-broadcast (ADS-B).
- In September 2019, Boeing 737 Classic Series Aircraft was approved by Federal Aviation Administration (FAA) to comply with the automatic dependent surveillance-broadcast (ADS-B) operations mandate.
Established in 2008, AerSale, Inc. is an aftermarket provider of used commercial aircraft, engines, and components. In addition, the company offers a broad range of MRO and engineering services for commercial and government aircraft and components. The company is headquartered in Coral Gables, Florida, United States, offering its products & services in the United States, Europe, and Asia.
Established in 1895, Harris Corporation is an aerospace and defense technology provider. The company provides advanced defense and commercial technologies across air, land, sea, space, and cyber domains. Harris Corporation holds more than 3,000 patents with a strong R&D team of 20,000 + employees.
Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market: Segmentation
The global automatic dependent surveillance-broadcast (ADS-B) market can be segmented based on:
- Aircraft Type
Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market, by Aircraft Type
Based on aircraft type, the global automatic dependent surveillance-broadcast (ADS-B) market can be divided into:
Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market, by Application
Based on application, the global automatic dependent surveillance-broadcast (ADS-B) market can be segregated into:
- Passenger Aviation
- Cargo Aviation
Regional analysis of the global automatic dependent surveillance-broadcast (ADS-B) market:
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
- South America
- Rest of South America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.