Global Air Traffic Control (ATC) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

“Global Air Traffic Control Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global air traffic control market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global air traffic control market report has been segmented on the basis of system, investment type, airspace, sector, application, and region.

This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview:

Air traffic control is type of service provided in order to assist with orderly, safe, swift and efficient flow of air traffic. It also assists aircrafts to avoid bad weather condition and collision with other aircraft.  It informs aircrafts regarding operational routs and aids in case of aircraft distress. Aircraft traffic management ensures safety of all commercial and private aircrafts. Air traffic control system in Federal Aviation Administration is divided into divisions namely air traffic control system command center, air route traffic control centers, terminal radar approach control, air traffic control tower, and flight service station.

Dynamics:

Modernization of air traffic control system by adoption of technologically advanced systems for efficient monitoring, precision fight path and directions is a major factor driving growth of the global air traffic control market. It also includes reduction of emission and off flight times, provides advanced flight data, GPS enable technologies and many more. Increasing number of air traffic passages resulting in growing number of commercial aircrafts. Rising number of airports especially in emerging economies is another factor fueling growth of the global air traffic control market. Furthermore, growing air traffic and requirement of efficient air traffic control in order to avoid accidents are factors expected to boost demand of the air traffic control systems. However, cost of air traffic control equipment is relatively high is a factor that may hamper growth of the global air traffic control market.

Introduction of cost-effective air traffic control instruments and upcoming satellite based air traffic control technology can create high revenue opportunities for players in the global air traffic control market.

Segment Analysis:

On the basis of system, the hardware segment expected to dominate the global air traffic control market in terms of revenue over the forecast period. Growing use of air traffic control hardware to gather real time information, maintain orderly flow, and transmit the data is a factor driving growth of the global air traffic control market.

Regional Analysis:

Market in Europe accounts for major share in terms of revenue and is expected to maintain its dominance over the forecast period. Growing air traffic and high number of air passengers are factors driving growth of the target market in countries in this region. Asia Pacific market in anticipated to witness fastest growth in terms of revenue in the near future, followed by Latin America and Middle East and Africa. Growing commercial aviation sector is a key factor propelling growth of the global air traffic control market in Asia Pacific region.

Global Air Traffic Control Market Segmentation:

Segmentation by system:

• Software systems
• Hardware systems

Segmentation by investment type:

• Brownfield
• Greenfield

Segmentation by airspace:

• Air Traffic Control Tower
• Traffic Radar Approach Control
• Air Traffic Control System Command Center
• Flight Service Station
• Traffic Radar Approach Control

Segmentation by sector:

• Defence
• Commercial

Segmentation by application:

• Navigation
• Communication
• Automation
• Surveillance

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa