Press release
ARTS (Automated Radar Terminal System) Market: Global Industry Trend Analysis,Application and Forecast 2017 - 2025
This system assists air traffic personnel by displaying flight related information to terminal controller which includes aircraft identification, flight plan data and several other flight related information like altitude, speed, and aircraft position symbols, along with radar presentation.This automates the planning of departure and arrival schedule of an aircraft at the particular airport. ARTS system also facilitates inter/intra facility transfer and coordination of flight information data.
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ARTS (Automated Radar Terminal System): Drivers and Restraints
Factors such as expansion of airports and growing trend of modernization which results into deployment of enhanced air traffic systems are expected to drive the automated radar terminal system market in the coming years. Moreover, high safety requirements in aircraft and technological advancements and growing automation in components and systems are resulting into the growth of ARTS (Automated Radar Terminal System) market.
However factors such as high initial investment, high maintenance cost and lack of expertise to operate such systems are restricting the growth of ARTS (Automated Radar Terminal System) market.
ARTS (Automated Radar Terminal System) Market: Segmentation
The ARTS (Automated Radar Terminal System) market can be segmented on the basis of deployment, component and region wise. On the basis of deployment it is further segmented into commercial aircrafts, private aircrafts and military aircrafts. On the basis of component the ARTS market is sub-segmented into ARTS-II, ARTS-III and ARTS-III A. Region wise ARTS (Automated Radar Terminal System) market is further segmented into key regions such as North America, Latin America, Asia-Pacific, Western Europe, Eastern Europe, Japan and Middle East & Africa.
ARTS (Automated Radar Terminal System) Market: Regional Overview
North America and Europe region account for a major revenue share of ARTS (Automated Radar Terminal System) market owing to increased government initiatives for secured air traffic and aircraft. Asia Pacific’s ARTS (Automated Radar Terminal System) market is expected to show high growth potential in the forecast period due to growing demand for effective and efficient infrastructure. ARTS (Automated Radar Terminal System) market in Latin America and MEA region is anticipated to grow at a moderate pace due to slow adoption of owing to lack of skilled personnel for operating such systems.
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ARTS (Automated Radar Terminal System) Market: Key Players
Lockheed Martin Corporation, NEC Corporation, Raytheon Company, Aeronav Inc., Thales Group, Searidge Technologies, Northrop Grumman Corporation, Becker Avionics GmbH, BAE Systems Plc. and Harris Corporation are some of key players in ARTS (Automated Radar Terminal System) market.
The report covers exhaustive analysis on:
ARTS (Automated Radar Terminal System) Market Segments,ARTS (Automated Radar Terminal System) Market Dynamics,Historical Actual Market Size, 2012-2016,ARTS (Automated Radar Terminal System) Market Size & Forecast 2017 to 2027,Supply & Demand Value Chain for ARTS (Automated Radar Terminal System) Market,ARTS (Automated Radar Terminal System) Market Current Trends/Issues/Challenges,Competition & Companies involved in ARTS (Automated Radar Terminal System) Market,ARTS (Automated Radar Terminal System) Technology,Value Chain of ARTS (Automated Radar Terminal System),ARTS (Automated Radar Terminal System) Market Drivers and Restraints
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Regional analysis for ARTS (Automated Radar Terminal System) market includes development of these systems in the following regions:
North America ARTS (Automated Radar Terminal System) Market,US,Canada,Latin America ARTS (Automated Radar Terminal System) Market,Argentina,Mexico,Brazil,Rest of Latin America,Western Europe ARTS (Automated Radar Terminal System) Market,Germany,France,U.K.,Spain,Italy,Nordic,Benelux,Rest of Western Europe,Eastern Europe ARTS (Automated Radar Terminal System) Market,Poland,Russia,Asia Pacific ARTS (Automated Radar Terminal System) Market,Australia and New Zealand (A&NZ),China,India,ASEAN,Rest of Asia Pacific,Japan ARTS (Automated Radar Terminal System) Market,Middle East and Africa ARTS (Automated Radar Terminal System) Market,GCC Countries,North Africa,South Africa,Rest of MEA
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Report Highlights:
Detailed overview of parent market,Changing market dynamics of the industry,In-depth market segmentation,Historical, current and projected market size in terms of value,Recent industry trends and developments,Competitive landscape,Strategies of key players and product offerings,Potential and niche segments/regions exhibiting promising growth,A neutral perspective towards market performance,Must-have information for market players to sustain and enhance their market footprint
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