Press release
Air Traffic Control Market to reach USD 15.31 Bn by 2029, emerging at a CAGR of 5.2 percent and forecast 2023-2029
Air Traffic Control Market
Our comprehensive report examines the Air Traffic Control Market, which plays a critical role in providing crucial data to aircraft and ensuring safe and organized traffic flow. We analyze the impact of COVID-19 on the global economy and highlight the lucrative opportunities for producers post-pandemic.
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Air Traffic Control Market Research Methodology:
Our analysis employs various research methodologies, monitoring the global situation to assess market dynamics. We provide insights into how the market can provide producers with opportunities following the COVID-19 pandemic, including factors driving and restraining growth.
What are Air Traffic Control Market Dynamics:
Growing Tourism: The rapid growth of tourism worldwide is increasing air traffic, with passengers opting for planes to save time, thereby driving the market.
Airport Expansion: Many emerging nations, including India, are planning to open new airports, driving demand for air traffic control systems.
Technological Advancements: Continuous technological advancements in air traffic control systems are boosting the market's growth prospects.
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Air Traffic Control Market Regional Insights:
North America: Dominates the Air Traffic Control Market with a value of USD $2.5 billion in 2022, driven by investments in advanced technologies and increased air traffic.
Asia Pacific: Expected to grow at a faster CAGR due to the region's increasing air passenger traffic and investments in airport improvements.
What is Air Traffic Control Market Segmentation:
by Airspace
1. AIR ROUTE TRAFFIC CONTROL CENTERS (ARTCC)
2. TERMINAL RADAR APPROACH CONTROL (TRACON)
3. AIR TRAFFIC CONTROL TOWER (ATCT)
4. REMOTE TOWER (RT)
by Application
1. Communication
2. Navigation
3. Surveillance
4. Automation
by Offerings
1. Hardware
2. Software & Solutions
3. Services
by Investment Type
1. Brownfield
2. Greenfield
by Airport Size
1. Large
2. Medium
3. Small
by Sector
1. Commercial
2. Defense
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Who are Air Traffic Control Market Key Players:
1. Advanced Navigation & Positioning Corporation Inc.
2. The Aeronav Group
3. BAE Systems plc.
4. Becker Avionics Inc.
5. Cobham Plc.
6. Frequentis AG
7. Global Eagle Entertainment Inc.
8. Indra Sistemas S. A.
9. Intelcan Technosystems, Inc.
10. Kongsberg Geospatial
11. L3Harris Technologies, Inc.
12. Lockheed Martin Corporation
13. Northrop Grumman Corp.
14. Raytheon Company
15. Searidge Technologies, Inc.
16. Sierra Nevada Corporation
17. Telephonics Corp.
18. Thales Group
19. Honeywell Inc.
Table of content for the Air Traffic Control Market includes:
Air Traffic Control Market: Research Methodology
Air Traffic Control Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3. Air Traffic Control Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
MandA by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4.Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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