|08-18-2017 12:07 PM CET - IT, New Media & Software||
Air Traffic Control Equipment Business Overview and Analysis 2014-2025
Press release from: Big-Research
Big Market Research added a report on “Global Air Traffic Control Equipment Market: Size, Trend, Share, Opportunity Analysis & Forecast, 2014-2025”
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Air traffic control equipment enable ground-based controllers to control airspace, direct aircraft on the ground, and provide advisory services to aircraft in non-controlled airspace. This equipment finds applications in commercial and government sectors so as to organize and expedite the flow of air traffic and prevent collisions.
Based on type, the market is divided into navigation, surveillance, and communication segments. By sector, the air traffic control equipment market is segmented into commercial sector and defense sector. Geographical breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
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Increase in aviation infrastructure spending and parallel rise in the passenger traffic is ensuing rise in number of aircraft which further leads airport hubs to crowed skies. This is encouraging end users to invest into air traffic control equipment
Air operator focus on operational efficiencies and cost reduction spurs investment in enhanced air traffic control equipment
Growth in risk of mid-air collision and inclement weather conditions increase demand for advanced air traffic control equipment
High cost of air traffic control equipment is projected to limit various sectors such as commercial and government sectors to invest into latest air traffic control equipment
Moreover, significant reduction in government spending is anticipated to hamper the market growth over the forecast period
The top players in the global air traffic control equipment market include Comsoft Gmbh, Harris Corporation, Indra Sistemas SA, Intelcan Technosystems Inc, Lockheed Martin Corporation, NATS Holdings Ltd, NAV Canada, Northrop Grumman Corporation, Raytheon Company, Searidge Technologies Inc, and Thales SA.
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o Commercial Sector
o Defense Sector
• North America
o Rest Of Europe
o South Korea
o Saudi Arabia
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