5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
The Air Traffic Control Market is segmented by End User (Commercial, Military), Type (Communication Equipment, Navigation Equipment, and Surveillance Equipment), Airport Type (Brownfield and Greenfield), and Geography.
Fastest Growing Market:
The market for air traffic control equipment is projected to register a CAGR of over 10% during the forecast period.
The study includes the following aspects:
Report scope can be customized per your requirements. Click here.
In 2019, the communication equipment segment was accounted for the largest share of the market. A large percentage of the segment has been 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, which has propelled the need to develop advanced communication equipment for air traffic control, attracting huge investments. Thus, this segment is projected to register the highest CAGR during the forecast period.
To understand key trends, Download Sample Report
Currently, North America is the largest for air traffic control because many airports in the United States and Canada have been installing new ATC equipment for air traffic management. However, the Asia-Pacific region is projected to be the fastest-growing market over the forecast period. Factors, such as increasing air travel in the area 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, and airport infrastructure developments, have been driving the growth of the market in the region.
To understand geography trends, Download Sample Report.
Thales Group, Harris Corporation, Indra Sistemas SA, Raytheon Company, and Collins Aerospace (United Technologies Corporation) are some of the prominent players in the market. New contracts from developing economies are expected to help the players extend their market presence. For instance, in May 2018, Harris Corporation announced that it received a USD 141 million contract to develop the Airports Authority of India’s (AAI) Futuristic Telecommunications Infrastructure (FTI) initiative. Under the contract, Harris Corporation may upgrade network operations, boosting security, and enhancing the performance and quality of India’s air traffic management (ATM) network, all while slashing telecommunications expenses. Such contracts are expected to help the players to further increase their dominance in the market.
1.1 Study Assumptions
1.2 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 Forces 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
5.2.1 Communication Equipment
5.2.2 Navigation Equipment
5.2.3 Surveillance Equipment
5.3 Airport Type
5.4.1 North America
18.104.22.168 United States
22.214.171.124 United Kingdom
126.96.36.199 Rest of Europe
188.8.131.52 South Korea
184.108.40.206 Rest of Asia-Pacific
5.4.4 Latin America
220.127.116.11 Rest of Latin America
5.4.5 Middle East &Africa
18.104.22.168 United Arab Emirates
22.214.171.124 Saudi Arabia
126.96.36.199 Rest of Middle East & Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Thales Group
6.2.2 Indra Sistemas SA
6.2.3 Raytheon Company
6.2.4 Harris Corporation
6.2.5 Collins Aerospace (United Technologies Corporation)
6.2.6 Honeywell International Inc.
6.2.7 Frequentis AG
6.2.9 Lockheed Martin Corporation
6.2.10 Northrop Grumman Corporation
6.2.11 Cobham PLC
6.2.12 Searidge Technologies
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability