The global air traffic control equipment market is anticipated to grow at a CAGR of 5.2% during the forecast period (2021-2027). An increase in the number of airports is one of the prime factors affecting and driving the global air traffic control equipment market. Transportation through the mode of air is one of the safest modes when compared with various other modes available. Additionally, increasing population is expected to create and increase the demand for making more airports to facilitate the air transportations services easily which is also supporting the growth of the air traffic control equipment market.
Browse the full report description of "Global Air Traffic Control Equipment Market Research By Types of Devices (Radar Devices, Simulator Devices, and Proximity Devices), By Applications (Communication, Navigation, and Surveillance), and By End-Users (Commercial and Cargo Aircraft, Defense Aircraft, and Private Aircraft) Forecast Period 2021-2027" at https://www.omrglobal.com/industry-reports/air-traffic-control-equipment-market
Further, the key players present in the global air traffic control equipment market had been adopting various strategies that include mergers and acquisitions to gain major market share. For instance, in March 2021, Thales Group had introduced its new digital secondary surveillance radar for the purpose of providing safer air traffic management that had increased performance and reliability up to 2, 000 flight tracks along with providing 64 simultaneous data outputs to air traffic centers. Additionally, it also provides cyber protection and also optimizes life-cycle costs.
Market Coverage
• The market number available for – 2020-2027
• Base year- 2020
• Forecast period- 2021-2027
• Segment Covered-
o By Types of Devices
o By Applications
o By End-Users
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- BAE Systems., Indra, Northrop Grumman, Raytheon Technologies Corp., and Thales Group
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Air Traffic Control Equipment Market
By Types of Devices
• Radar Devices
• Proximity Devices
• Simulator Devices
By Applications
• Communication
• Navigation
• Surveillance
By End-Users
• Commercial and Cargo Aircraft
• Defense Aircraft
• Private Aircraft
Global Air Traffic Control Equipment Market by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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