The Infinium Global Research analyzes the Air Traffic Control Market over the period of 2021 to 2027. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in the global air traffic control market. It will help a lot of decision makers to develop strategies and find new opportunities in the global markets of air traffic control. The report covers market changing aspects including drivers, restraints, opportunities, and trends expected to encouragement the expansion of the air traffic control market during the period. The revenue generated by the global air traffic control market was approximately USD 9.83 billion in 2020 and is expected to reach approximately USD 13.12 billion in 2027.
"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026."
The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/reports/sample-request/1303
Significant Amount of Public and Private Investment is Being Poured in the Development of New Airports These Factors are Driving the Growth of the Market
The air transport industry is directly responsible for the socio-economic development of the world economy, creating indirect and direct employment by supporting local businesses and tourism industries in countries around the world. Strong growth has been observed in air freight and the number of passengers. Strong economic growth and the rise of middle-class people turning towards air travel due to increasing low-cost flight operators are responsible for the growing number of air passengers. To accommodate the growing air traffic and to augment future infrastructure for sustained growth of the aviation industry, the development of new airports is growing in many countries in the world. A significant amount of public and private investment is being poured into the development of new airports. Both these factors are driving the growth of the market. Modern air traffic control towers and systems work on connected technology. Connected technology is vulnerable to cyber security threats which puts air traffic control operations at risk. This factor may restrain the market in some aspects. Nevertheless, new opportunities will occur in the market as automation of air control systems and processes are rapidly growing.
North America is Expected to Dominate the Air Traffic Control Market
The air traffic control market is segmented into North America, Europe, Asia Pacific, and the rest of the world. North America is expected to dominate the air traffic control market as North America has a strong aviation industry, a large number of market players, advanced airport infrastructure, and a strong base of air travelers. Europe is expected to hold the second-largest in the market as the tourists from around the world travel through flights to Europe. Asia-Pacific is expected to be the fastest-growing region in the world due to the rapidly rising aviation industry in developing countries such as India and China.
Air Traffic Control Market Coverage
Chapter - 1 Preface
- Report Description
- Research Methods
- Research Approaches
Chapter - 2 Executive Summary
- Air Traffic Control Market Highlights
- Air Traffic Control Market Projection
- Air Traffic Control Market Regional Highlights
Chapter - 3 Global Air Traffic Control Market Overview
- Market Dynamics
- Analysis of COVID-19 impact on the Air Traffic Control Market
- Porter's Five Forces Analysis
- IGR-Growth Matrix Analysis
- Value Chain Analysis of Air Traffic Control Market
Chapter - 4 Air Traffic Control Market Macro Indicator Analysis
Chapter - 5 Global Air Traffic Control Market by Control Center
- Terminal Radar Approach Control
- Air Route Traffic Control Center (ARTCC)
- Air Traffic Control Tower (ATCT)
- Remote Tower
Chapter - 6 Global Air Traffic Control Market by Component
Chapter - 7 Global Air Traffic Control Market by Application
Chapter - 8 Global Air Traffic Control Market by Airport Size
Chapter - 9 Global Air Traffic Control Market by End User
Chapter - 10 Global Air Traffic Control Market by Region 2021-2027
- North America
Chapter - 11 Competitive Landscape in the Global Air Traffic Control Market
- Raytheon Technologies Corporation
- Honeywell International Inc.
- BAE Systems
- Indra Sistemas, S.A.
- Lockheed Martin Corporation
- Leonardo S.p.A.
- Thales Group
- SAAB AB
- Adacel Technologies Limited
- ACAMS AS
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the air traffic control.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2027.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.