The global automatic dependent surveillance-broadcast market was valued at USD 847.9 million in 2020 and is expected to witness significant growth, reaching USD 2,877.5 million by 2028. This represents a robust compound annual growth rate (CAGR) of 18.03% during the forecast period from 2021 to 2028. In 2020, North America led the market with a dominant share of 34.85%, driven by advanced aviation infrastructure, regulatory mandates, and increasing adoption of ADS-B technology in both commercial and defense sectors. The rising emphasis on enhancing air traffic management efficiency and ensuring aviation safety is expected to further propel the market's expansion globally.
Key Players: Automatic Dependent Surveillance-Broadcast Market
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Segmentation: Automatic Dependent Surveillance-Broadcast market
The automatic dependent surveillance-broadcast market is segmented based on component, platform, application, and region.