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Global Air Traffic Control Market Is Grow at a CAGR of 14.6% and Expected to Reach USD 105.20 Billion by 2026 from USD 30.93 Billion in 2017

MarketResearchReports.com has announced the addition of “Air Traffic Control - Global Market Outlook (2017-2026)” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 01/18/2019 -- Global Air Traffic Control Market is accounted for $30.93 billion in 2017 and is expected to reach $105.20 billion by 2026 growing at a CAGR of 14.6% during the forecast period. Some of the significant factors propelling the market growth are improved aircraft movement, demand for modernization and escalating renovation of the existing ones led by the passenger & freight traffic. However, lack of skilled labour, high cost and inefficient operations at peak hours is restraining the market growth.

Air traffic control helps to provide ground base controller lead aircraft on the ground and by controlled and safe airspace. The major function of this equipment worldwide is collision prevention systems. Those services can be performed using ground-based infrastructures for air traffic control equipment supervision and control, which is owned by civil aviation authorities and operated by air navigation service providers.

Depending on airspace, Air Traffic Control System Command Center (ATCSCC) segment has a steady growth during the forecast period owing to the modernization of airports as well as the upgrade of ATC equipment. Based on Geography, Asia Pacific region is expected to register the highest market growth rate during the forecast period. Due to the modernization of airport infrastructure, which, in turn, has resulted in the raised procurement of air traffic control equipment to streamline flight operations.

Some of the key players in the market include Lockheed Martin Corporation, Honeywell International Inc., Northrop Grumman Corporation, Raytheon Company, Harris Corporation, Thales Group, Nav Canada, Leonardo S.P.A , Indra Sistemas, S.A., Frequentis Ag, Nats Holdings Limited, Adacel Technologies Limited, Searidge Technologies, Artisys, S.R.O, Acams Airport Tower Solutions, Skysoft-Atm, Cyrrus Limited and Saipher Atc.

Airspaces Covered:
- Air Traffic Control System Command Center (ATCSCC)
- Air Route Traffic Control Center (ARTCC)
- Terminal Radar Approach Control (TRACN)
- Air Traffic Control Tower (ATCT)
- Flight Service Station (FSS)

Applications Covered:
- Communication
- Surveillance
- Navigation
- Automation

Investment Types Covered:
- Greenfield
- Brownfield
- Positive Displacement

Systems Covered:
- Hardware System
- Software Solution

End Users Covered:
- Defence Aircraft
- Commercial Aircraft
- Private Aircraft
- Military Aircraft

Regions Covered:
- North America
US
Canada
Mexico

- Europe
Germany
France
Italy
UK
Spain
Rest of Europe

- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific

- South America
Argentina
Brazil
Chile
Rest of South America

- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements.

Spanning over 156 pages "Air Traffic Control - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Air Traffic Control Market, By Airspace, Global Air Traffic Control Market, By Application, Global Air Traffic Control Market, By Investment Type, Global Air Traffic Control Market, By System, Global Air Traffic Control Market, By End User, Global Air Traffic Control Market, By Geography, Key Developments, Company Profiling. This report Covered Companies few are - Lockheed Martin Corporation, Honeywell International Inc., Northrop Grumman Corporation, Raytheon Company, Harris Corporation, Thales Group, Nav Canada, Leonardo S.P.A, Indra Sistemas, S.A.

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