openPR Logo
Press release

With 8.4 % CAGR, Air Traffic Control (ATC) Market Growth to Surpass USD 13.5 billion

12-01-2022 09:40 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MarketsandMarkets

With 8.4 % CAGR, Air Traffic Control (ATC) Market Growth

The report on the Air traffic control (ATC) market provides a detailed trend analysis from 2018 to 2027. It discusses industry and technology trends currently prevailing in the market, along with drivers, restraints, challenges, and opportunities that influence the growth of the market.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=159216929

The Air traffic control (ATC) market is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 13.5 billion by 2027, at a CAGR of 8.4% from 2022 to 2027. The market is driven by factors such as development of advanced technologies and increasing investments in airport infrastructure, demand for safe, secure, efficient, and environmentally sustainable air navigation system etc.

Based on airspace, remote tower subsegment is estimated to dominate the market during the forecast period

Based on airspace, the air traffic control market is segmented into air route traffic control center (ARTCC), terminal radar approach control (TRACON), air traffic control tower (ATCT), and remote tower.
Based on investment type, greenfield segment is estimated to dominate the market during the forecast period.

In greenfield projects, all activities, from planning to commissioning, are carried out on an undeveloped site. Also, greenfield airports are planned in cities that are not connected by air services. A few greenfield airports are also constructed near the existing airports to effectively manage the growing air passenger traffic, as well as to address the growing requirement for increased capacity and efficiency.

Inquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=159216929

During the forecast period, North America will dominate the air traffic control (ATC) market. The US is the largest market in the North America region. Countries in North America are investing in air traffic control (ATC) to enhance defense and surveillance capabilities of the armed forces. North America held the largest market share in the Air traffic control Market in 2022, with a value of USD XX billion, and is expected to reach USD XX billion in 2027. Increased investment in and implementation of advanced technologies, such as communications, surveillance, and navigation systems, provides the industry with promising growth prospects. The increase in air traffic at regional airports has also helped the industry's revenue.

News also covered: https://www.prnewswire.com/news-releases/air-traffic-control-atc-market-worth-13-5-billion-by-2027---exclusive-report-by-marketsandmarkets-301687063.html

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release With 8.4 % CAGR, Air Traffic Control (ATC) Market Growth to Surpass USD 13.5 billion here

News-ID: 2829964 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for ATC

Air Traffic Control (ATC) Market Size & Trends To 2030
The Air Traffic Control (ATC) Market 2024 Report makes available the current and forthcoming technical and financial details of the industry. It is one of the most comprehensive and important additions to the Prudent Markets archive of market research studies. It offers detailed research and analysis of key aspects of the global Air Traffic Control (ATC) market. This report explores all the key factors affecting the growth of the global
Global Shutter 2MP ATC-HZ8305J-L and 1.58MP ATC-HZ5530T-LP Zoom Block Camera | K …
KT&C Co., Ltd.'s autofocus zoom block cameras has image sensors for high-resolution imaging, making them perfect for industrial vision and medical imaging. KT&C Global Shutter 2MP ATC-HZ8305J-L and 1.58MP ATC-HZ5530T-LP The KT&C ATC-HZ8305J-L and ATC-HZ5530T-LP Ultra-Compact Full HD Camera Modules have exceptional imaging capabilities. This cutting-edge camera module gives you the features you need to get great results in your projects, especially the mini-payload for UAVs and drones. The KT&C ATC-HZ8305J-LN Full HD
Battery Temperature Sensor Market | AIMS Power, AKCP, ATC Semitec, Ametherm
The global battery temperature sensor market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the battery temperature sensor market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Global ATC Consoles Market, Global ATC Consoles Industry, ATC Consoles Military …
Air traffic control (ATC) is a deal provided by ground-based air traffic controllers who directs aircraft on the ground and over controlled airspace, and can deliver suggested services to aircraft in non-controlled airspace. The main resolution of ATC worldwide is to avoid collisions, organize and accelerate the flow of air traffic, and deliver information and other care for pilots. In some countries, ATC plays a safety or self-justifying role, or is operated by the
United States ATC Consoles Market Report 2017-2022
Report Hive Market Research Released a New Research Report of 98 pages on Title "United States ATC Consoles Market Report 2017-2022" with detailed Analysis, Forecast and Strategies. In this report, the United States ATC Consoles market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report splits
ATC TRUCK COVERS RENAMES TRUCK CAP LINEUP
OTTAWA, KAN. – ATC Truck Covers, the country’s leading manufacturer of customizable truck caps and lids, is pleased to announce that it is renaming its lineup of truck caps. ATC Truck covers is renaming its cab high truck cap, the “LED,” to the “Stealth.” The company’s larger truck cap with more clearance space, the “1600 Series,” will be renamed the “Survivor.” ATC Truck Covers will be showcasing the truck caps