Air Traffic Control Market Trends, Share, Size, Growth, Opportunity and Forecast
Air Traffic Control Market |
Air
travel is regarded as the safest mode of transportation when compared to all
other modes of transportation. Furthermore, the global increase in population
is expected to create demand for additional airports to facilitate east-west
air transportation, which is driving the growth of the air traffic control
market.
Rising air traffic can be attributed to rising
demand in the global ATC equipment market. The need for ATC system resilience
and seamless control has been critical to market growth. Specifications and
rules imposed by regulatory bodies have focused attention on air traffic
control units. Caution and precision are critical watchwords for those working
in ATC units.
Furthermore, these units are characterized by
the need for continuous improvements in air traffic management. Because of the
factors mentioned above, the
global air traffic control market is expected to grow at a rapid pace
in the coming years.
ATC equipment corresponds to a wide range of
products, which is an important consideration in terms of market growth.
Several authorities have stated that broadcast equipment, law enforcement
supplies, and airport surveillance systems should be used in the aviation
industry. Furthermore, proper worker training is a critical accomplishment for
ATC authorities. As a result, the total volume of revenues in the global air traffic control market
is expected to skyrocket.
The collaboration of ground systems with ATC
equipment is critical to maintaining fleet resilience. Military aircraft must
fly at different altitudes than commercial and private aircraft. This factor,
combined with the need to manage aerial trajectory times, has aided market
growth.
Raytheon Company (US), BAE System (UK),
Thales Group (France), Indra Sistemas (Spain), Frequentis AG (Australia),
Harris Corporation (US), Adacel Technologies (Australia), Leonardo S.p.A
(Italy), Honeywell Inc (US), Northrop Grumman Corporation (US), NATS Holding
(UK), Saab AB are some of the major players in the air traffic control market
(Sweden). These companies provide air traffic control equipment and solutions
to airports around the world.
Comments
Post a Comment