The global demand for Air Traffic Control Equipment Market is presumed to reach the market size of nearly USD 14.23 MN by 2028 from USD 10.05 MN in 2021 with a CAGR of 5.1% under the study period 2022 - 2028.
Ground-based air traffic controllers primarily employ air traffic control equipment to steer private, military, and commercial aircraft on the ground through controlled airspace. The primary functions of air traffic control equipment are to avoid aircraft collisions, manage air traffic flow, and provide assistance to pilots. They are critical in ensuring an orderly flow of air traffic and avoiding excessive traffic congestion. These devices, coupled with navigation and surveillance functions, serve the primary objective of preventing collisions during aircraft flights.
Market Dynamics
Increased air traffic can be attributed to rising demand in the worldwide air traffic control equipment market. In addition, the requirement for resilience and flawless control over air traffic control systems has been critical to market expansion. Specifications and conditions imposed by regulatory authorities have focused attention on air traffic control units. People working in air traffic control units must use extreme caution and precision. Furthermore, these units are characterised by the requirement for continuous advancements in air traffic management. Because of the factors mentioned above, the worldwide air traffic control equipment market is expected to increase in the future years.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of air traffic control equipment. The growth and trends of air traffic control equipment industry provide a holistic approach to this study.
Market Segmentation
This section of the air traffic control equipment market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Application
- Communication
- Navigation
- Surveillance
- Automation
By Offerings
- Hardware
- Software &Solutions
- Services
By Sector
- Commercial
- Military & Defense
By Airspace
- Air Route Traffic Control Centers (Artcc)
- Terminal Radar Approach Control (Tracon)
- Air Traffic Control Tower (Atct)
- Remote Tower
By Airport Size
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Air Traffic Control Equipment market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Air Traffic Control Equipment Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the air traffic control equipment market include Adacel Technologies Limited, BAE Systems, Frequentis AG, Indra Sistemas SA, Leonardo S.p.A, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, SkySoft-ATM, and Thales Group. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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