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Air Traffic Control Equipment Market Share, Size 2019-2024 | Industry Analysis, Overview of Market Dynamics, Top Key Players, and Regional Forecast to 2024

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The “Air Traffic Control Equipment Market” report 2019 provides information for market players, stakeholders, investors, and business strategists to achieve a leading position the market. It maintains the record of Unusual growth strategies adopted by various companies are creating new standards for competition in the global Air Traffic Control Equipment market. Businesses around the world are aiming at increasing their profit margin and establishing a stronghold in the global market. The impact of prevailing regulatory scenario on both regional and worldwide Air Traffic Control Equipment market is provided in detail in the report.

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Air Traffic Control Equipment Market Covers Key Players:

  • Thales Group
  • Indra Sistemas, SA
  • Raytheon Company
  • Harris Corporation
  • Collins Aerospace
  • Honeywell International Inc.
  • Frequentis AG
  • Acams Airport Tower Solutions
  • Lockheed Martin Corporation
  • Northrop Grumman Corporation
  • Cobham PLC
  • Searidge Technologies*

    Market Overview:

  • The market for air traffic control equipment is projected to grow with a CAGR of over 8% during the forecast period.
  • – The growth in air traffic has been the main growth driver for the market. The increase is currently more in the Asia-Pacific region, where the number of passengers who travel by air is constantly increasing.
  • – Increase in the number of airports in emerging economies and the need for efficient airspace management has forced airports and airlines to invest in air traffic control technologies.
  • – As aircraft operators across the globe have realized the significance of improved Air Traffic Control (ATC) services, they are increasingly investing in the development of innovative air traffic control technolog

    Report Highlights:

    • The report provides a detailed analysis on current and future market trends to identify the investment opportunities
    • Market forecasts till 2024, using estimated market values as the base numbers
    • Key market trends across the business segments, Regions and Countries
    • Key developments and strategies observed in the market
    • Market Dynamics such as Drivers, Restraints, Opportunities and other trends
    • In-depth company profiles of key players and upcoming prominent players
    • Growth prospects among the emerging nations through 2024
    • Air Traffic Control Equipment Market opportunities and recommendations for new investments

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    Scope of the Report:

  • The study includes the following aspects:

    Key Market Trends:

    Communication Equipment Segment will Continue to Hold a Major Market Share During the Forecast Period

    In 2018, the communication equipment segment is estimated to account for the largest share of the market. A large share of the segment is primarily attributed to the fact that the communication between pilots and ground control operators is essential for an orderly flow of information regarding the aircraft information for air traffic management. Earlier, voice communication systems, which involved the transmission of information between air traffic controllers and pilots, were primarily used to manage air traffic. However, these conventional voice communication systems cannot function effectively in congested airspace. This has propelled the need to develop advanced communication equipment for air traffic control, which is attracting huge investments currently. Thus, this segment is projected to grow with the highest CAGR during the forecast period.

    Asia-Pacific Market to Grow with the Highest CAGR During the Forecast Period

    Currently, North America is the largest market for the air traffic control equipment, due to a large number of airports in the United States and Canada that are installing new ATC equipment for air traffic management. However, Asia-Pacific is projected to be the fastest growing market over the forecast period. Factors such as increasing air travel in the region due to reductions in airfares and the growth in the number of people who could afford air travel, focus on free and fair trade agreements, implementation of stringent aviation safety regulations, airport infrastructure developments, are currently driving the growth of the market in the region.

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    Detailed TOC of Air Traffic Control Equipment Market Report 2019-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.3 Market Restraints
    4.4 Industry Attractiveness – Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 End User
    5.1.1 Commercial
    5.1.2 Military
    5.2 Type
    5.2.1 Communication Equipment
    5.2.2 Navigation Equipment
    5.2.3 Surveillance Equipment
    5.3 Airport Type
    5.3.1 Brownfield
    5.3.2 Greenfield
    5.4 Geography
    5.4.1 North America
    5.4.1.1 US
    5.4.1.2 Canada
    5.4.2 Europe
    5.4.2.1 Germany
    5.4.2.2 UK
    5.4.2.3 France
    5.4.2.4 Rest of Europe
    5.4.3 Asia-Pacific
    5.4.3.1 China
    5.4.3.2 Japan
    5.4.3.3 India
    5.4.3.4 South Korea
    5.4.3.5 Rest of Asia-Pacific
    5.4.4 Latin America
    5.4.4.1 Brazil
    5.4.4.2 Mexico
    5.4.4.3 Rest of Latin America
    5.4.5 Middle East & Africa
    5.4.5.1 UAE
    5.4.5.2 Saudi Arabia
    5.4.5.3 Egypt
    5.4.5.4 Rest of Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
    6.2 Vendor Market Share
    6.3 Strategies Adopted by Leading Players
    6.4 Company Profiles
    6.4.1 Thales Group
    6.4.2 Indra Sistemas, SA
    6.4.3 Raytheon Company
    6.4.4 Harris Corporation
    6.4.5 Collins Aerospace
    6.4.6 Honeywell International Inc.
    6.4.7 Frequentis AG
    6.4.8 Acams Airport Tower Solutions
    6.4.9 Lockheed Martin Corporation
    6.4.10 Northrop Grumman Corporation
    6.4.11 Cobham PLC
    6.4.12 Searidge Technologies*

    7 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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