Air Traffic Control Equipment Market Size, Share, Growth, Trends, Analysis and Forecast 2018 to 2026

According to a new market research report published by Credence Research, “Air Traffic Control Equipment Market – Growth, Future Prospects, and Competitive Landscape, 2018 -2026”, the global market for air traffic control equipment is expected to expand to CAGR by 5.8% during the 2018-2026 forecast.

Market Insights

Generally deployed at air traffic control centers, air traffic control equipment helps air traffic controllers monitor and manage the speed, position and altitude of aircraft in the assigned airspace. The main purpose of air traffic control equipment is to accelerate the flow of air traffic, prevent collisions, coordinate landing and take-off operations and provide additional support to air pilots. Improving living standards and, as a result, increasing commercial and recreational air travel has increased the number of air travelers worldwide.

Browse Full Report Originally Published by Credence Research at https://www.credenceresearch.com/report/air-traffic-control-equipment-market

This has forced airport authorities to strengthen the infrastructure of the air traffic control center in order to mitigate the risk of mid-air collisions, improve operational performance and reduce costs. Advent of digitization and advancements in microelectronics and data processing technologies are triggering the replacement of conventional air traffic control equipment with state-of – the-art variants. In addition, aviation legislation worldwide has required airport authorities to modernize their communication, navigation and surveillance infrastructure and to operate new air traffic control facilities. While developed economies, including North America and Europe, are projected to see steady growth in revenue streams, Asia Pacific and the Middle East will see a significant uptrend on the backs of a number of upcoming airport projects and a consequent demand for airport control center infrastructure.

Air traffic control equipment manufacturers around the globe are committed to building strong relationships with the government and the airport authorities concerned, as a major portion of air traffic control equipment sales are made through contracts. For example, the Indian Airports Authority (AAI) has recently awarded Harris Corporation a $141 million contract to upgrade India’s air traffic management communications infrastructure. As part of this contract, Harris Corporation will be responsible for enhancing security, upgrading network operations and improving the quality, performance and reliability of India’s air traffic management (ATM) network.

Some of the leading manufacturers profiled in the study include Raytheon Company, Northrop Grumman Corporation, Searidge Technologies Inc., Frequentis AG, NavAero Inc., Becker Avionics Inc., Lockheed Martin Corporation, Indra Sistemas SA, Advanced Navigation & Positioning Corporation Inc., Harris Corporation, BAE Systems Plc, Thales Group, and Cobham Plc among others.

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59328

 [Note: Our Free Complimentary Sample Report Accommodate a Brief Introduction To The Synopsis, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology are also Included]

Report Scope by Segments

By End-use Segment

  • Defense
  • Commercial

By Equipment Type Segment

  • Communication Equipment
  • Navigation Equipment
  • Surveillance Equipment
  • Others

By Geography Segment

  • North America (the U.S., Rest of North America)
  • Europe (U.K., Germany, France, Rest of Europe)
  • Asia Pacific (China, Japan, India, Rest of Asia Pacific)
  • Rest of World (Middle East & Africa (MEA), Latin America)

Access Free Sample Copy of Research Report: https://www.credenceresearch.com/sample-request/59328

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