Air Traffic Control Equipment Market Research Report Forecast till 2023

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 2023Air Traffic Control Equipment Market Key Players

The key players in the Global Air Traffic Control Equipment Market are

• Harris Corporation (US)
• BAE Systems PLC (UK)
• Cobham (UK)
• Indra Sistemas (Spain)
• Thales Group (France)
• ADb Safegate (US)
• Searidge Technologies (Canada)
• Raytheon Company (US)
• Aeronav Inc. (Canada)
• Aquila Air Traffic Management Services (UK).

The Global Air Traffic Control Equipment Market is estimated to register a CAGR of approximately 6% during the forecast period from 2018 to 2023.

Market Scenario

The air traffic control equipment is chiefly used by the ground-based air traffic controllers to direct the private, military, and commercial aircraft on the ground, through controlled airspace. The major purpose of the air-traffic control equipment is the prevention of aircraft collisions, air-traffic flow management, and provision of support to the pilots.

Moreover, the passenger and air traffic have grown significantly, in recent years. Owing to the huge passenger growth, there has been an increasing requirement of new aircraft by airlines to cater to the ever-increasing demand. For instance, in 2017, Airbus signed a contract worth USD 50 billion, with Indigo Partners to deliver 430 aircraft. It is considered to be one among the biggest deals in the history of commercial aviation. Furthermore, the new airlines are being established in almost every region to tap into the tremendous passenger demand. For instance, in 2017, more than 70 new airlines were established around the world. Hence, increase in passenger traffic and subsequent demand for new aircraft from existing as well as new airlines will positively affect the growth of the global air traffic control equipment market.

Of late, the government authorities of various countries have been supporting the development of new airports in order to handle the increasing air traffic. In addition, the airport officials along with the government authorities are aiming at the expansion of the infrastructure of the existing airports and redevelop them with the installation of smart technologies.

Moreover, in the developed countries such as the US, the UK, and France, among others, and the emerging economies such as China, India, Indonesia, South Africa, and Brazil, among others, the airport authorities are ensuring the installation of the advanced air traffic control equipment, in their airport premises.

Furthermore, with the commercialization of satellite-based augmentation system (SBAS), the development of satellite-based air traffic navigation equipment has also emerged as a lucrative opportunity for the market players.

Currently, most countries are using the radar-based air-traffic navigation systems, which has a large refresh time, which can result in confusion and cause accidents. Therefore, the satellite-based air traffic control equipment is more reliable and are thus expected to replace the radar-based equipment in the forthcoming years.

Intended Audience

• Air Traffic Control Equipment developers
• Airport authorities
• Airline companies
• Research Institutes
• Air traffic management service providers
• Regulatory bodies

Get Complete Report @ https://www.marketresearchfuture.com/reports/air-traffic-control-equipment-market-7037

Table Of Contents

1. Executive Summary
2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. List Of Assumptions

2.2.4. Limitations

1. Research Methodology

3.1. Research Process

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

3.5. Forecast Model

Continue…..

List Of Figures

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top-Down & Bottom-Up Approaches

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter's Five Forces Analysis

FIGURE 7 Supply Chain Analysis

FIGURE 8 Global Air Traffic Control Equipment Market Share, By Equipment Type, 2017 (%)

FIGURE 9 Global Air Traffic Control Equipment Market, By Equipment Type, 2018–2023 (USD Million)

Contnue…….

Blog Source:

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Also Read Another Press Release:

http://www.kitv.com/story/39807705/air-traffic-control-equipment-market-global-analysis-by-size-share-gross-margin-sale-revenue-segmentation-competitive-landscape-by-forecast-2023

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