Technological Advancements and Airport Modernization Drive the Air Traffic Control (ATC) Equipment Market, According to New Report by Global Industry Analysts, Inc.

Share Article

GIA announces the release of a comprehensive global report on the Air Traffic Control (ATC) Equipment markets. Global market for Air Traffic Control (ATC) Equipment is projected to reach US$5.5 billion by the year 2020, primarily driven by technological advancements, new airport infrastructure establishments, and modernization initiatives.

Air Traffic Control (ATC) Equipment: A Global Strategic Business Report

Follow us on LinkedIn – Air Traffic Control has over the years evolved into an integral part of air traffic control programs in the aviation industry. Inching its way upwards, air traffic control has treaded a long path, playing a major role in flight safety and security. Given that the management and safety of aircrafts is crucial, Air Traffic Control (ATC) equipment has emerged as the best way to control flow of air traffic, air passengers, freight traffic, and for better coordination among flights. Defined as instruments used to ensure efficiency, safety, and reliability of aircrafts, ATC equipment is used by air traffic controllers to organize the air traffic and avoid aircraft collision.

Global market for ATC Equipment has evolved over the years to become one of the most focused areas in the aviation industry. With aviation industry warming up to the benefits of air traffic control and management, there is huge demand for a range of ATC equipment. Level of air traffic across the globe, number of new airline companies, and demand for new aircraft, primarily dictates growth patterns for ATC equipment in the commercial aviation sector. Modernization of existing airports and construction of new airports across the globe continue to drive growth in the global ATC equipment market. These factors have been fostering growth across all market verticals of ATC equipment market including ATC communications equipment, ATC navigation equipment and ATC surveillance equipment.

The ATC equipment market is also buoyed by the prospects of new opportunities emerging from deployment of Communications, Navigation and Surveillance/ATM management (CNS/ATM) network. The emergence of Next Generation (NextGen) Air Traffic Control equipment as an upgradation of existing ATC equipment are increasingly gaining popularity among airlines across the globe. NextGen ATC equipment, which complies with implementation policies, help in addressing the most challenging issues faced by the global airspace sector such as airport congestion, safety, and issues concerning fuel and environment. Advanced Air Traffic Management (ATM), an innovative technology in the aviation sector, is a combination of technologies such as GPS and digital communications that facilitate optimum utilization of entire airspace through automation of aircraft’s routine separation.

As stated by the new market research report on Air Traffic Control (ATC) Equipment, the United States represents the largest market worldwide. Asia-Pacific represents the fastest growing regional market with a CAGR of 9.0% over the analysis period. Strong economic growth (GDP) and aggressive focus on airport infrastructure development represent primary growth drivers in the region.

Major players in the global marketplace include Advanced Navigation & Positioning Corporation Inc., The Aeronav Group, BAE Systems Plc, Becker Avionics Inc., CNS Systems AB, Cobham Plc, Exelis, Inc., Frequentis AG, Harris Corp., Indra Sistemas S.A., Intelcan Technosystems, Inc., Kongsberg Gallium Ltd., Lockheed Martin Corp., NavAero, Inc., Northrop Grumman Corp., Raytheon Company, Searidge Technologies, Inc., Sierra Nevada Corp., Siqura B.V., Telephonics Corp., and Thales Group, among others.

The research report titled “Air Traffic Control (ATC) Equipment: A Global Strategic Business Report” announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of World. Product segments analyzed include ATC Communications Equipment (ATC Communication Systems, ATC Radio & Recording Equipment, and ATC Switching Equipment), ATC Navigation Equipment (ATC En Route Navigation Aids, and ATC Landing Aids), and ATC Surveillance Equipment (ATC Radar Based Equipment, and Automatic Dependence Surveillance Systems).

For more details about this comprehensive market research report, please visit –
http://www.strategyr.com/Air_Traffic_Control_ATC_Equipment_Market_Report.asp

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

###

Share article on socal media or email:

View article via:

Pdf Print

Contact Author

Public Relations
Visit website