Air Traffic Control Equipment Market - Top Companies Profile, Global Industry Analysis, Forecast to 2023

Global Air Traffic Control Equipment Market Research Report — Forecast till 2023

Air Traffic Control Equipment Market Research Report: Information by Equipment Type (Communications Equipment, Navigation Equipment, Surveillance Equipment), by End-User (Commercial, Military), and by Region — Global Forecast till 2023


The air traffic control equipment, as implied by the name helps the air traffic management and airport operations professionals to direct the private, military, and commercial aircraft, through controlled airspace. The primary goal of air-traffic control equipment is to prevent aircraft collisions, air-traffic flow management, and provision of support to the pilots.

There has been a significant rise in the air travels in the past few years, which subsequently has led to increasing the number of airports as well as the aircraft plying to suffice the demand and hence, the demand for traffic control equipment. Also, various airport upgrade programs, such as smart airport projects have created a huge demand for advanced air-traffic-management equipment.

Resultantly, the air traffic control equipment market has been growing rapidly. Moreover, the commercialization of satellite-based augmentation system (SBAS) alongside the development of satellite-based air traffic navigation equipment is escalating the market on the global platform, creating lucrative opportunities for the market players.

Segmentations:

For an easy grasp, the market is segmented into three key dynamics; 
By Equipment Type: Communications Equipment, Navigation Equipment, and Surveillance Equipment among others.
By End-user: Commercial and Military among others.
By Region: Asia Pacific, Europe, North America, and the Rest-of-the-World (RoW).

Regional Analysis:

North America, heading with the presence of major manufacturers such as Harris Corporation and ADb Safegate, would retain its dominance over the global air traffic control equipment market throughout the forecast period.  The growing developments in the US and Canada impact the growth of the regional market, positively.
North America is already a huge aviation market with a number of operational aircraft, business jets or commercial aircraft, GA aircraft, helicopters, and UAVs. Moreover, there have been various initiatives by the US-based organizations which alongside the expected increase in the number of aircraft would create additional opportunities for the market players.

Europe is fervent a market for the air traffic control equipment system, which takes the second position owing to the augmented demand from the increasing number of airports in the region. Moreover, the presence of some of the leading market players such as Cobham and Thales Group is definitely impacting the growth of the regional market. Continuing with these growth trends, the region is expected to witness a spectacular growth during the review period.

The Asia Pacific air traffic control equipment market has emerged as a profitable market, globally. Considering the rapid growth of this market, it is expected that the APAC would become the world’s largest market during the forecast period, overtaking North America and Europe.
Some of the APAC countries such as China, India, Japan, and South Korea which are currently focused on upgrading their airport infrastructure to accommodate the growing air traffic would majorly support the growth of the regional market.


Major Players:

Key players leading the global air traffic control equipment market include BAE Systems PLC (UK), Harris Corporation (US), Cobham (UK), Thales Group (France), Indra Sistemas (Spain), ADb Safegate (US), Raytheon Company (US), Searidge Technologies (Canada), Aquila Air Traffic Management Services (UK), and Aeronav Inc. (Canada) among others.

About Market Research Future: 

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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