The Air Traffic Control Equipment Market is projected to register a CAGR of over 10% during the forecast period 2021-2027.
Air traffic control (ATC) equipment primarily used in the aviation industry for safety purposes and efficient operation. They are essential to maintaining the systematic flow of air traffic and avoiding unnecessary traffic congestion. This equipment, along with navigation and surveillance functions, are used for the main purpose of collision avoidance during aircraft flight. ATC equipment is used at airports for ground control and management for safe and effective takeoff and landing of aircraft.
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Market Segments
By Product
- Communications Equipment
- Navigation Equipment
- Surveillance Equipment
By Application
- Commercial Aircraft
- Private Aircraft
- Military Aircraft
Key Players
Some of the key players influencing the air traffic control equipment market are Thales Group, Raytheon Company, Northrop Grumman Corporation, Indra Sistemas, S.A., Lockheed Martin Corporation, Cyrrus Limited, Searidge Technologies, Altys Technologies, Harris Corporation, and Intelcan Technosystems Inc., among others.
Scope of the Report
The research study analyzes the global Air Traffic Control (ATC) Equipment industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Air Traffic Control (ATC) Equipment Market Report
1. What was the Air Traffic Control (ATC) Equipment Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Air Traffic Control (ATC) Equipment Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Air Traffic Control (ATC) Equipment Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Air Traffic Control (ATC) Equipment market.
- The market share of the global Air Traffic Control (ATC) Equipment market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Air Traffic Control (ATC) Equipment market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Air Traffic Control (ATC) Equipment market.
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