Global Air Traffic Control Equipment Market Set for Rapid Growth, to Reach Around USD 6.21 Billion by 2022
The Global Air Traffic Control equipment market is accounted for $4 billion in 2014 and expected to grow at a compound annual growth rate (CAGR) of 5.65% to reach $6.21 billion by 2022. The factors that are favouring the market growth include improved aircraft movement, and construction of new airport and renovation of the existing ones led by the passenger & freight traffic and demand for modernaization and increased capacity. Airport expansion and modernization requires exploitation of air traffic control...
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