Global Air traffic control Market COVID-19 Impact Analysis and Industry Forecast Report

Air Traffic Control Market Report Scope and Research Methodology

Report Scope:

The comprehensive report provides an overview of the Air Traffic Control (ATC) Market, analyzing its dynamics, recent trends, and regional insights. The report aims to assist stakeholders in understanding market drivers, restraints, and growth opportunities. It encompasses in-depth analysis of market segments based on airspace, application, offerings, investment type, airport size, and sector.

Research Methodology:

The research methodology involves a blend of primary and secondary sources, including industry directories, reputable online platforms, and expert consultations. Top-down and bottom-up approaches are employed to estimate the market size, while data triangulation techniques ensure accuracy. The report also incorporates qualitative assessments of COVID-19 impacts on market dynamics.

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Air Traffic Control Market Valuation:

Air Traffic Control Market size was valued at US$ 10.74 Bn in 2022 and the total revenue is expected to grow at a CAGR of 5.20% through 2023 to 2029, reaching nearly US$ 15.31 Bn. by 2029.

Air Traffic Control Market Dynamics

Governments worldwide are allocating increased funds to their defense budgets, leading to a surge in demand for Air Traffic Control. As the nature of warfare evolves, there is a growing need for advanced and refined Air Traffic Control to counter emerging threats. Technological advancements and innovations are enabling the development of cutting-edge Air Traffic Control with enhanced capabilities.

Air Traffic Control Market Segmentation

Air Traffic Control Market, 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)

The air traffic control market is divided into four segments: AIR ROUTE TRAFFIC CONTROL CENTRES (ARTCC), TERMINAL RADAR APPROACH CONTROL (TRACON), REMOTE TOWER (RT), and AIR TRAFFIC CONTROL TOWER (ATCT) based on the airspace. Since there are more ATCT towers in every nation than in any other, the ATCT segment has a higher proportion than other airspace segments. ATCT has a higher market share since it also possesses important equipment. For instance, in order to increase air traffic efficiency, North America and Europe are making significant investments in equipment modernization, which is growing the industry through brownfield investment.

Air Traffic Control Market, by Application

1. Communication
2. Navigation
3. Surveillance
4. Automation

The air traffic control market is divided into four segments: automation, navigation, surveillance, and communication. In the air traffic control market, the automation category is anticipated to expand at a faster CAGR of 6.8% over the course of the projected period. The industry is expanding quickly due to the growing usage of remote towers and the simulations conducted by airports and air traffic controllers. Thus, during the projected period, this significant aspect would propel the growth of the automation sector in the worldwide air traffic control market.

Air Traffic Control Market, by Offerings

1. Hardware
2. Software & Solutions
3. Services

Air Traffic Control Market, by Investment Type

1. Brownfield
2. Greenfield

Air Traffic Control Market, by Airport Size

1. Large
2. Medium
3. Small

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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.

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Table of content for the Air Traffic Control Market includes:

Part 01: Executive Summary

Part 02: Scope of the Air Traffic Control Market Report

Part 03: Global Air Traffic Control Market Landscape

Part 04: Global Air Traffic Control Market Sizing

Part 05: Global Air Traffic Control Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

The global Air Traffic Control market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Air Traffic Control Market is experiencing a rise in demand , driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Air Traffic Control to bolster military capabilities.

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