Boston, MA -- (SBWIRE) -- 05/24/2016 -- Due to the robust growth in the aviation industry, safety has become the priority for airports and airline operators. ATC equipment plays a vital role in the safe operations of carriers, as it provides communications, navigation, and surveillance (CNS) facilities using different equipment for air traffic management (ATM). The primary job of an ATC equipment is to avoid collisions and expedite air traffic flow by providing information to pilots. ATC equipment provides services to the private, commercial, and military sectors within a defined airspace.

Get More Details on this Report and a Full Table of Contents at Global Air Traffic Control Equipment Market 2016-2020

Technavio's analysts forecast the global air traffic control equipment market to grow at a CAGR of 4.86% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global air traffic control equipment market for 2016-2020.

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Air Traffic Control Equipment Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-Harris
-Lockheed Martin
-Northrop Grumman
-Raytheon
-Thales

Other prominent vendors

-Aquila
-Aeronav Group
-Intelcan Technosystems
-Searidge Technologies

Market driver

-Growing air traffic and new aircraft deliveries
-For a full, detailed list, view our report

Market challenge

-High user and labor costs
-For a full, detailed list, view our report

Market trend

-Shift toward satellite-based navigation
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Harris, Lockheed Martin, Northrop Grumman, Raytheon, Thales, Aquila, Aeronav Group, Intelcan Technosystems, Searidge Technologies

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