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Modernization of air traffic management infrastructure is one of the most significant factors driving the growth of the air traffic control market
The air traffic control market is projected to reach USD 56.07 billion by 2022, at a CAGR of 12.75% from 2017 to 2022. Air Traffic Control ATC is an integral part of an airport's infrastructure. With the increasing focus on operational safety and automation at airports, aviation authorities have been investing in the upgrade of ATC equipment to ensure efficient aircraft movement and streamline flight operations. The growth of this market is mainly attributed to the rising need for better airspace management and the increasing number of airport expansion projects in the Asia Pacific region.
The ATCSCC segment is estimated to be the largest airspace segment of the air traffic control market in 2017
Based on airspace, the Air Traffic Control System Command Center ATCSCC segment is estimated to lead the air traffic control market in 2017. Increasing air traffic and airspace congestion and the growing need for advanced capabilities in ATC equipment are major factors contributing to the growth of the ATCSCC segment of the air traffic control market.
The commercial segment of the air traffic control market is expected to grow at the highest CAGR during the forecast period
Based on sector, the commercial segment of the air traffic control market is expected to grow at the highest CAGR during the forecast period. Aircraft flying in the commercial airspace depend on predetermined flight paths and code of commercial conduct, which vary based on the type of aircraft and air traffic. New technologies based on automated data links for communication, navigation, and surveillance, are being implemented, which allow aircraft to fly within a global framework of information systems, rather than to rely on voice communications between pilots and air traffic controllers. Such technological advancements in the field of ATC are anticipated to drive the growth of the air traffic control market in the commercial sector.
Europe is estimated to be the largest market for air traffic control in 2017
Europe is estimated to lead the air traffic control market in 2017. The growth of the air traffic control market in Europe is mainly driven by the increase in air cargo and passenger traffic and modernization of air transport management systems.
Key manufacturers and suppliers of air traffic control equipment in Europe include Thales Group France, Indra Sistemas, S.A. Spain, Frequentis AG Austria, Cobham plc UK, and Terma A/S Denmark among others.
Breakup of profile of primary participants in the air traffic control market:
By Company Size Tier 1 33%, Tier 2 28%, and Tier 3 39%
By Designation C Level 30%, Director Level 20%, and Others 50%
By Region North America 27%, Europe 18%, Asia Pacific 26%, Middle East 16%, and RoW 13%
Key companies profiled in the report include Thales SA France, Indra Sistemas, S.A. Spain, Raytheon Company US, Frequentis AG Austria, Northrop Grumman Corporation US, Intelcan Technosystems Inc. Canada, Searidge Technologies Canada, NATS Holdings Limited UK, SkySoftATM Switzerland, ACAMS Airport Tower Solutions Norway, Honeywell International Inc. US, Lockheed Martin Corporation US, Rohde Schwarz GmbH Co. KG Germany, and ALTYS Technologies France.
This research report categorizes the air traffic control market on the basis of airspace, application, sector, investment type, system, and region. Based on airspace, the air traffic control market has been segmented into Air Traffic Control System Command Center ATCSCC, Air Route Traffic Control Center ARTCC, Traffic Radar Approach Control TRACON, Air Traffic Control Tower ATCT, and Flight Service Station FSS. On the basis of application, the market has been segmented into communication, navigation, surveillance, and automation. Based on sector, the market has been categorized into commercial and defense. On the basis of investment type, the market has been categorized into greenfield and brownfield. Based on system, the market has been classified into hardware systems and software solutions. With respect to region, the air traffic control market has been segmented into North America, Europe, Asia Pacific, the Middle East, and Rest of the World RoW.
Reasons to buy this report:
From an insight perspective, this research report focuses on various levels of analyses industry analysis industry trends; market share analysis of top players; company profiles; emerging and highgrowth segments of the market; highgrowth regions; and market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
Market Penetration: Comprehensive information on air traffic control offered by top players in the market
Product Development/Innovation: Detailed insights on upcoming technologies, research development activities, and new product launches in the air traffic control market
Market Development: Comprehensive information about lucrative markets the report analyzes the market for air traffic control across various regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in air traffic control market
Competitive Assessment: Indepth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the air traffic control market
Original Article: Air Traffic Control ATC Market by Airspace ATCSCC, ARTCC, TRACON, ATCT, FSS, Application Communication, Navigation, Surveillance, Automation, Sector Commercial, Defense, Investment Type, System, and Region Global Forecast to 2022 [Report Updated: 0408201NEXT ARTICLE