1. Market Research
  2. > Transportation
  3. > Logistics and Freight Market Trends
  4. > Air Traffic Control (ATC) Equipment Market Analysis By Product (Communications Equipment, Navigation Equipment, Surveillance Equipment), By Application (Commercial Aircraft, Private Aircraft, Military Aircraft) And Segment Forecasts To 2020

Air Traffic Control (ATC) Equipment Market Analysis By Product (Communications Equipment, Navigation Equipment, Surveillance Equipment), By Application (Commercial Aircraft, Private Aircraft, Military Aircraft) And Segment Forecasts To 2020

  • May 2016
  • -
  • Grand View Research
  • -
  • 104 pages

Summary

Table of Contents

The global air traffic control equipment market is expected to reach USD 4.23 billion by 2020. Need for construction of new airports, and expansion & modernization of the existing ones to address increasing passenger & freight traffic is expected to increase air traffic control equipment demand. Advancements in microelectronics have provided ample growth opportunities for the air traffic control equipment market and further innovations in the domain are expected to buoy market growth over the forecast period.

Owing to continuous need for monitoring air traffic, interruption in the activity is not feasible which makes replacement of obsolete ATC equipment a cumbersome task. In order to maintain the flow of traffic monitoring, new equipment is operated in parallel with the existing one before the latter is phased out completely, which poses a challenge to air traffic control equipment market growth.

Further key findings from the study suggest:

The communications air traffic control equipment market accounted for a high revenue share in 2013 and the trend is expected to continue throughout the forecast period owing to increased need for replacement of obsolete equipment with new ones equipped with enhanced digital data communication.
The military aircraft segment is expected to witness high demand throughout the forecast period owing to the mission-critical nature of the domain. In October 2014, Aquila, a joint venture between Thales and NATS was awarded a USD 2.36 billion contract by the UK Ministry of Defense (MOD) for transforming terminal air traffic management at military airfields.
Europe and North America were the major air traffic control equipment regional markets in 2013, which can be attributed to increased government efforts pertaining to securing air traffic and aircraft. Asia Pacific is expected to witness high growth due to increased initiatives for efficient infrastructure.
Leading players in the air traffic control equipment market have emphasized heavily on the enhancing equipment reliability to address minimum tolerance levels. Incorporation of effective collision avoidance system in ATC equipment is expected to be a key focus area for countering increased air traffic. Manufacturers and developers upgrade landing and navigation aids periodically to maintain safety and improve efficiency.
For the purpose of this study, Grand View Research has segmented the global air traffic control equipment market on the basis of product, application and region:

Air Traffic Control Equipment Product Outlook (USD Million, 2012 – 2020)
- Communications Equipment
- Navigation Equipment
- Surveillance Equipment
Air Traffic Control Equipment Application Outlook (USD Million, 2012 – 2020)
- Commercial Aircraft
- Private Aircraft
- Military Aircraft
Air Traffic Control Equipment Regional Outlook (USD Million, 2012 – 2020)
- North America
- Europe
- Asia Pacific
- RoW

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Air Traffic Management Market by Domain, End-Use, Investment Type, Airport Class, System & Region - Global Forecast to 2022

Air Traffic Management Market by Domain, End-Use, Investment Type, Airport Class, System & Region - Global Forecast to 2022

  • $ 5650
  • Industry report
  • January 2017
  • by MarketsandMarkets

“The air traffic management market is projected to grow at a CAGR of 11.73% during the forecast period” The growth of the Air Traffic Management (ATM) market is dependent on the upcoming Greenfield ...

OAMC – Muscat International Airport Expansion – Oman - Construction Project Profile

OAMC – Muscat International Airport Expansion – Oman - Construction Project Profile

  • $ 75
  • Industry report
  • November 2016
  • by Timetric

Synopsis "OAMC – Muscat International Airport Expansion – Oman - Construction Project Profile" contains information on the scope of the project including project overview and location. The profile ...

Global Airborne Telemetry Market Analysis & Trends - Industry Forecast to 2025

Global Airborne Telemetry Market Analysis & Trends - Industry Forecast to 2025

  • $ 4200
  • Industry report
  • February 2017
  • by Accuray Research LLP

The Global Airborne Telemetry Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $11.5 billion by 2025. This industry report analyzes the market estimates and ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.