Automatic Dependent Surveillance-Broadcast (ADS-B) Market Research Report - Global Forecast till 2025

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2www.marketresearchfuture.comAutomatic Dependent Surveillance-Broadcast (ADS-B) Market Forecast To 2025Automatic Dependent Surveillance-Broadcast (ADS-B) Market HighlightsThe Global Automatic Dependent Surveillance-Broadcast (ADS-B) Market is projected to be valued at USD 2,786 million by2025, expanding at a CAGR of 20.61% between 2019 and 2025.Growth in the air passenger traffic has significantly contributed to the growth of the ADS-B market. High competition owingto the presence of a large number of players in this market is forcing manufacturers to continuously focus on productinnovation and development. Furthermore, stringent government regulations regarding ADS-B is also encouraging aircraftmanufacturers to invest in the technology. For instance, in the US, The Federal Aviation Admiration requires all aircraft to beequipped with ADS-B Out to fly in most controlled airspace.Get Free Report Sample @ https://www.marketresearchfuture.com/sample_request/8420
Automatic Dependent Surveillance-Broadcast (ADS-B) Market Forecast To 2025Market USPIncreasing development of advanced air traffic management systems to drive the growth of the market.Growth Opportunities in the Market• ADS-B In segment expected to witness higher growth in the market: ABS-B In transmits alerts of crucial flight informationsuch as closed runways and flight restrictions and assists pilots in avoiding terrains in low visibility situations. Thus, itoffers enhanced situational awareness to pilots and flight crew.• Line-Fit to remain a popular choice: The line-fit of ADS-B minimizes the need for customization and hence decreases thetime taken to deploy the aircraft. Hence, the segment is expected to witness a higher growth during the forecast period.• Receiver segment expected to grow at the highest CAGR: Receivers provide inflight traffic alerts and precise time stamps.Therefore, the segment is expected to grow at the highest CAGR during the forecast period.• ATC surveillance segment expected to grow at a higher CAGR: The development of advanced air traffic managementsystems to manage the rising airspace congestion is expected to drive the growth of the segment.• Fixed-Wing to remain a popular choice: The growing manufacturing of new aircraft to cater to the rising air passengertraffic is expected to drive the growth of the segment. Furthermore, the increasing demand for new aircraft fromdeveloping regions such as Asia-Pacific is expected to further increase the segment growth.Press Release “Automatic Dependent Surveillance-Broadcast (ADS-B) Market Size Expected to Growat a CAGR over 20.61% from 2019 to 2025”@ https://www.marketresearchfuture.com/pressrelease/automatic-dependent-surveillance-broadcast-market3www.marketresearchfuture.com
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Automatic Dependent Surveillance-Broadcast (ADS-B) Market Research Report - Global Forecast till 2025

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