Air traffic

Global Air Traffic Control Market (2021 to 2028) – Size, Share, Outlook and Opportunity Analysis – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Air Traffic Control Market – Size, Share, Outlook and Opportunity Analysis, 2021-2028” report has been added to from ResearchAndMarkets.com offer.

Air traffic control is an essential service provided by ground-based air traffic managers who direct aircraft within controlled airspace and above the surface of the air, and also provide advisory services for other aircraft in unassigned airspace. Air traffic control requires knowledge of all aspects of air navigation and their use and knowledge of airport operations, but may also include hazard communication, traffic analysis, weather observations and forecasts, media communications and weather applications.

The initiative to boost the aviation sector post Covid-19 is expected to propel the growth of the global air traffic control market over the forecast period. For example, in September 2020, Airports Council International (ACI) set out a roadmap for the recovery of the airport sector and the wider aviation ecosystem from the devastating impact of the COVID-19 pandemic.

Moreover, the recovery in domestic passenger traffic is also expected to contribute to the growth of the market. For example, according to ICRA Limited, an independent and professional investment reporting and credit rating agency, the Indian aviation industry saw a recovery in domestic passenger traffic in August 2020, with sequential growth (compared to July 2020) by 25% to 26 lakh passengers.

The launch of air traffic control services is expected to propel the growth of the global air traffic control market over the forecast period. For example, in November 2020, NAV CANADA, a private, not-for-profit company providing air traffic control, airport advisory services, weather briefings and aeronautical information services, introduced a control service air traffic at Red Deer Regional Airport (CYQF). , Canada.

Main characteristics of the study:

  • This report provides an in-depth analysis of the global Air Traffic Control market and provides the market size (Million US$) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), by considering 2020 as the base year.

  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

  • This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players.

  • It profiles leading players in the global Air Traffic Control market based on the following parameters: Company Highlights, Product Portfolio, Key Highlights, Financial Performance and Strategies

  • The information in this report would enable marketers and managing authorities of companies to make informed decisions regarding their future product launches, type upgrade, market expansion, and marketing tactics.

  • The Global Air Traffic Control Market report is targeted at various stakeholders of this industry including investors, suppliers, product manufacturers, distributors, new entrants and financial analysts.

  • Stakeholders would have an ease in making decisions through various strategic matrices used to analyze the global Air Traffic Control market

Detailed segmentation:

Global Air Traffic Control Market, By Type

  • Communications equipment

  • Navigation equipment

  • Monitoring equipment

Global Air Traffic Control Market, By End User

  • Commercial aircraft

  • Private planes

  • military aircraft

Global Air Traffic Control Market, By Region

  • North America

  • Europe

  • Asia Pacific

  • Rest of the world (right-of-way)

Companies cited

  • BAE Systems plc

  • Raytheon Company

  • Harris Company

  • Searidge Technologies Inc.

  • Cobham Plc

  • Thales Group

  • NavAéro Inc.

  • Northrop Grumman Corporation

  • Indra Systems SA

  • Lockheed Martin Corp.

For more information on this report, visit https://www.researchandmarkets.com/r/suvmc9