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Air Traffic Control Market : Airspace, Application, Offering, Airport Size and Sector | Opportunity Analysis By 2027
Air Traffic Control Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ- https://www.alliedmarketresearch.com/request-sample/5323
Growing number of airports across the globe and surge in need of enhanced airspace management systems drive the growth of the global air traffic control market. However, high cost of installation of ATC systems is anticipated to restrain the growth of the market. Furthermore, growing adoption of satellite-based ATC systems is expected to create new growth opportunities for the market player during the forecast period.
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.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/air-traffic-control-equipment-market/purchase-options
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.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/5323
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.
David Correa
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Allied Market Research is market research, consulting, and advisory firm of Allied Analytics LLP. Founded in 2013, the firm has been instrumental in offering high-quality syndicated and customized market research reports, consulting services, and useful insights to leading market players, startups, investors, and stakeholders. Driven by the aim to eliminate sub-standard data and become a successful partner for organizations, Allied Market Research has been innovating continuously, expanding the product & service portfolio, and implementing the client-first approach since its inception. With the clientele spanning more than 7,000 organizations that also include a majority of Fortune 500 companies, AMR has a proven track record of helping and serving the global clientele and playing a major role in their success.
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