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Air Traffic Control Equipment Market to represent US$4.1 bn Opportunity Globally by 2019 with Infrastructure Development at Airports



2024-11-08 09:08:35 News & Society

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While recent breakthroughs in communication technologies have helped boost the market for ATC systems, there are still a few challenges that the market will have to contend with. The capital-intensive nature of ATC systems is one such challenge. However, the impact of this restraint will likely not be as severe considering that air travel infrastructure is expanding steadily worldwide, especially so in developing countries. While the demand for ATC equipment will essentially be for setting up new infrastructure in developing countries, demand in developed countries will be centered on upgrading or expanding existing ATC systems.

Browse the full Air Traffic Control Equipment Market report at http://www.transparencymarketresearch.com/air-traffic-control-market.html

Moreover, the introduction of satellite-based navigation air traffic controllers is an opportunity that can be effectively monetized by companies in the market. With radars not performing at par with expectations because of some of their inherent drawbacks, more money will be invested in satellites with advanced computing capabilities and sensing abilities.The report studies the global air traffic control equipment market based on type of equipment, end user, and geography. Equipment types analyzed in the report are: Navigation equipment, communications equipment, and surveillance equipment. The share of communications equipment was highest in 2012, and this will likely remain so through the forecast period of the present report with new digital links being introduced and new communications frontiers being crossed.

Likewise, the end-users of air traffic control equipment are segmented as commercial aircraft, military aircraft, and private aircraft. The report states that in 2012, commercial aircraft represented the largest share because of a progressive increase in commercial air travel.From the regional perspective, the report studies the following markets: North America, Europe, Asia Pacific, and Rest of the World. Of these, Europe was seen to be the largest regional market for air traffic control equipment, boasting an appreciable market share of 32.1% as of 2012. In developed European nations, government spending on ATC security and efficiency remains among the highest in the world. However, the fastest rate of growth will be reported by Asia Pacific on the back of an expanding air travel infrastructure here.

The findings of the report show that the global air traffic control equipment market has a fragmented structure; the leading companies are: Harris Corp., BAE Systems Plc, NavAero Inc., Cobham Plc, Lockheed Martin Corp., Indra Sistemas SA, Raytheon Company, and others. Competition among these leading players continues to remain stiff, prompting companies to plough back a substantial portion of their profits into R&D. The global air traffic control equipment market is segmented into three main categories: type of equipment, by end users and geography.

Air Traffic Control Equipment Market, by type

Communication equipment
Navigation equipment
Surveillance equipment

Air Traffic Control Equipment Market, by end user

Commercial aircraft
Private aircraft
Military aircraft

Air Traffic Control Equipment Market, by geography

North America
Europe
Asia Pacific
RoW

Download the FREE Brochure of Air Traffic Control Equipment Market at http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1554

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company?s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR?s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR?s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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