Automatic Dependent Surveillance-Broadcast Market is expected to reach US$ 3020.20 Mn by 2027

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Automatic Dependent Surveillance-Broadcast Market  Automatic Dependent SurveillanceBroadcast Market Forecast to 2027COVID-19 Impact and Global Analysis By Type (On-Board and Ground Stations), Application (Terminal Maneuvering Airspace (TMA) Surveillance and Airborne Surveillance), Component (Antenna, Receiver, Transponder, and ADS-B Ground Receivers)
Current and future Market Scenario  According to our new market research study on “ Automatic Dependent Surveillance-Broadcast Market to 2028 – Global Analysis and Forecast – by Type, Treatment, and End User,” the market was valued at US$ 815.92 million in 2019 and is projected to reach US$ 3020.20 million by 2027; it is expected to grow at a CAGR of 18.3% from 2020 to 2027.  Aircraft use the ADS-B technique to broadcast information about their position and identity, along with other information obtained from onboard systems, such as Global Navigation Satellite System (GNSS). This technology is automatic and needs no external stimulus. The information is broadcasted to other aircraft flying in vicinity and to the ground station. With growing mandates for equipping aircraft with ADS-B technology, the adoption of on-board ADS-B among aircraft manufacturers is rising. The US, Europe, and a few countries in Asia have mandated ADS-B integration. Automatic Dependent Surveillance-Broadcast Market
Market Segments Automatic Dependent Surveillance-Broadcast Market By Type On-Board Ground Stations By Component Antenna Receiver Transponder ADS-B Ground Receivers By Application Terminal Manoeuvring Airspace (TMA) Surveillance and Airborne Surveillance
Leading Players Automatic Dependent Surveillance-Broadcast Market Company Profiles in Automatic Dependent Surveillance-Broadcast Market are: Avidyne Corporation Aspen Avionics, Inc. Collins Aerospace, a Raytheon Technologies company FreeFlight Systems Garmin Ltd. Honeywell International Inc. IndraSistemas, S.A. L3Harris Technologies, Inc. Trig Avionics Limited Thales Group
Thank You! Automatic Dependent Surveillance-Broadcast Market Access Full Research Report at: https://www.theinsightpartners.com/reports/automatic-dependent-surveillance-broadcast-market Thank You!

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