Global Air Traffic Control (ATC) Market Size, Share and Insights to 2023 Key Players-Harris Corporation (US), Lockheed Martin Corporation (US), Thales SA (France), Frequentis AG (Austria), Raytheon Company (US), and Indra Sistemas.

Global Air Traffic Control (ATC) Market Overview:

The Global Air Traffic Control (ATC) Market is expected to register a CAGR close to 10% during the forecast period, 2018 to 2023, due to the modernization of existing airports and the development of Greenfield airports. Air Traffic Control is the service provided by the ground-based Air Traffic Controllers who direct Aircraft on the ground and through controlled Airspace and can provide advisory services to aircraft in non-controlled airspace. The primary purpose of ATC worldwide is to prevent collisions, organize and expedite the flow of air traffic, and provide information and other support for pilots. In some countries ATC plays a security or defensive role, or is operated by the military. To prevent collisions, ATC provides services to all private, Military, and commercial aircraft operating within its airspace, ATC may issue instructions that pilots are required to obey, or advisories that pilots may, at their discretion, disregard. The pilot in command is the final authority for the safe operation of the aircraft and may in an emergency, deviate from ATC instructions to the extent required to maintain safe operation of their aircraft.

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Global Air Traffic Control (ATC) Market -Drivers and Restraints:
The need for efficient, globally harmonized, and interoperable air traffic management arises due to increasing air travel across the globe. Air travel which was once a luxury has turned now into necessity, resulting in the increased number of passengers traveled. According to the FAA, there are around 5000 aircrafts in the sky at any given time. Thus, there is a vast demand for improvised Air Traffic Management systems, which are needed to manage growing number of planes in the air. Airport modernization programs, that include increased procurement of advanced communication, surveillance equipment, and navigation, are some of the drivers identified in the global air traffic management market.

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Global Air Traffic Control (ATC) Market -Geographical Segmentation:
Geographically, the market for Air Traffic Control is segmented into United States, Europe, China, Japan, Southeast Asia, India and others. In air traffic control, an area control center (ACC), also known as a center, is a facility responsible for controlling aircraft travel in a particular volume of airspace at high altitudes between airport approaches and departures. In the US, such a center is referred to as an Air Route Traffic Control Center (ARTCC).

The key players in the Global Air Traffic Control (ATC) Market are: Harris Corporation (US), Lockheed Martin Corporation (US), Thales SA (France), Frequentis AG (Austria), Raytheon Company (US), and Indra Sistemas, S.A. (Spain).

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