The global air traffic control market is expected to grow from USD 31.82 billion 2017 to USD 68.71 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 11.62%.
“Increase in airspace congestionis one of the factors largely attributing to the growth of air traffic control market globally”
The factors attributing to the growth of the market are increase in airspace congestion, modernization of air traffic management infrastructure, and the privatization of airspace industry. However, some factors such as and high infrastructural cost may hinder the market growth. The global air traffic control market is expected to showcase the opportunities such as the air traffic management infrastructure for unmanned aircraft system, and future atm systems. In the near future, the market may face the possible challenges in the growth due to and environmental trade-offs and institutional changes. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global air traffic control market market.“Class A: The highest growing airport class for the global air traffic control market”
On the basis of airport class, the global air traffic control market is studied across Class A, Class B, and Class C. Among all these airport class, the Class A has captured the maximum market share while the Class A has the opportunity to emerge with the highest CAGR.“Brownfield: The highest growing investment for the global air traffic control market”
On the basis of investment, the global air traffic control market is studied across Brownfield and Greenfield. Among all these investment, the Brownfield has captured the maximum market share while the Brownfield has the opportunity to emerge with the highest CAGR.“Communication: The highest growing application for the global air traffic control market”
On the basis of application, the global air traffic control market is studied across Automation, Communication, Navigation, Simulation, and Surveillance. Among all these application, the Communication has captured the maximum market share while the Navigation has the opportunity to emerge with the highest CAGR.“Civil & Commercial: The highest growing end user for the global air traffic control market”
On the basis of end user, the global air traffic control market is studied across Civil & Commercial and Military & Defense. Among all these end user, the Civil & Commercial has captured the maximum market share while the Military & Defense has the opportunity to emerge with the highest CAGR.“Asia-Pacific: The highest growing geography for the global air traffic control market”
On the basis of geography, the global air traffic control market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Asia-Pacific is showing the maximum growth in the near future with the highest CAGR while the Asia-Pacific is dominating the market with highest market size.
“ALTYS Technologies: The potential growing player for the global air traffic control market”
The key players profiled in the global air traffic control market are ALTYS Technologies, ARTISYS, s.r.o., Cyrrus Ltd., Harris Corporation, Honeywell International, Inc., Indra Sistemas, S.A., Intelcan Technosystems, Inc., Lockheed Martin Corporation, NAV CANADA, Northrop Grumman Corporation, Raytheon Company, Saab AB, Saipher ATC, Searidge Technologies, and Thales S.A..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global air traffic control market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global air traffic control market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global air traffic control market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global air traffic control market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global air traffic control market.
Summary:
Get latest Market Research Reports on Air Traffic Control (ATC) . Industry analysis & Market Report on Air Traffic Control (ATC) is a syndicated market report, published as Global Air Traffic Control (ATC) Market - Premium Insight, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q2 2018 Update). It is complete Research Study and Industry Analysis of Air Traffic Control (ATC) market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.