DUBLIN--(BUSINESS WIRE)--The "Automatic Dependent Surveillance Broadcast (ADS-B) - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.
The Automatic Dependent Surveillance Broadcast (ADS-B) market worldwide is projected to grow by US$1.7 Billion, driven by a compounded growth of 21.3%.
Transponder, one of the segments analyzed and sized in this study, displays the potential to grow at over 21.1%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$764.8 Million by the year 2025, Transponder will bring in healthy gains adding significant momentum to global growth.
Representing the developed world, the United States will maintain a 23% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$64.5 Million to the region's size and clout in the next 5 to 6 years. Over US$82.5 Million worth of projected demand in the region will come from the rest of the European markets.
In Japan, Transponder will reach a market size of US$65.1 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 20.8% over the next couple of years and add approximately US$300.3 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific.
All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.
Competitors identified in this market include:
- Aspen Avionics, Inc.
- Avidyne Corporation
- Esterline Technologies Corporation
- FreeFlight Systems
- Garmin Ltd.
- Harris Corporation
- Honeywell International, Inc.
- Indra Sistemas S.A.
- L3 Technologies, Inc.
- Rockwell Collins, Inc.
- Thales Group
- Trig Avionics Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/fggvfj