Press release
Global Air Traffic Control Market : Navigating the Skies of Aviation Safety and Efficiency
According to a recent report published by Allied Market Research, titled, "Air Traffic Control Market by Airspace, Application, Offering, Airport Size, and Sector: Opportunity Analysis and Industry Forecast, 2020-2027," the global air traffic control market was valued at $8.41 billion in 2019, and is projected to reach $11.50 billion by 2027, registering a CAGR of 4.1% from 2020 to 2027.๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ :
https://www.alliedmarketresearch.com/request-sample/5323
Covid-19 scenario:
The construction of new airports across the globe has been halted amid lockdown, which declined the demand for ATC systems.
Air traffic control systems manufacturers across the globe have temporarily suspended their manufacturing activities due to disrupted supply of components amid lockdown.
Several countries have grounded their international and domestic flights and have closed their air traffic control facilities due to rising cases of Covid-19 patients among the airport personnel.
The report offers detailed segmentation of the global air traffic control market based on airspace, applications, offerings, airport size, sector, and region.
Based on airspace, the ATCT segment contributed to the largest share in 2019, accounting for more than half of the total share, and is estimated to maintain its dominant position during the forecast period. However, the remote tower segment is estimated to portray the highest CAGR of 7.2% during the forecast period.
Based on application, the surveillance segment accounted for the largest share in 2019, holding more than two-fifths of the total share, and is expected to maintain the largest share throughout the forecast period. However, the automation segment is expected to register the highest CAGR of 6.8% from 2020 to 2027.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/air-traffic-control-equipment-market/purchase-options
Based on region, Asia-Pacific contributed the highest share, accounting for more than one-third of the global air traffic control market in 2019, and will maintain its dominance throughout the forecast period. However, LAMEA is expected to grow at the highest CAGR of 6.2% from 2020 to 2027.
Leading market players analyzed in the research include BAE Systems, Adacel Technologies Limited, Indra Sistemas SA, Frequentis AG, Northrop Grumman Corporation, Leonardo S.p.A, Saab AB, Raytheon Technologies Corporation, Thales Group, and SkySoft-ATM.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ : https://www.alliedmarketresearch.com/purchase-enquiry/5323
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms the utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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