Global Air Traffic Control Market size was valued at US$ 10.21 Bn in 2021 and the total revenue is expected to grow at 5.20% through 2022 to 2029, reaching nearly US$ 15.31 Bn.
Air Traffic Control Market Scope:
This report on Air Traffic Control market provides a comprehensive analysis. The market estimates provided within the report is the result of in-depth primary interviews, secondary analysis, and in-house efficient reviews. These market estimates is presented by learning the impact of different social, political and economic factors along with the present market dynamics affecting the Air Traffic Control Market growth
Along with the market Summary, which includes of the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely consumers bargaining power, suppliers bargaining power, the threat of latest entrants, threat of substitutes, and degree of competition in the Air Traffic Control Market. It explains system integrators, different participants, intermediaries and end-users within the system. The report also focuses on the competitive profile of the Air Traffic Control Market.
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Market Share Analysis:
The report provides an analysis of key players that take into account their contribution in the Air Traffic Control market as a whole. It offers the idea of growing the business in the Air Traffic Control market compared to other players. It provides insight such as, how players are performing better in terms of revenue generation, product offering and customer base compared to your business. The report shows the characteristics of the Air Traffic Control market in terms of the characteristics of growth, fragmentation, domination, and merging.
Segmentation:
The Air Traffic Control can be segmented into several categories, including:
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By Component: Hardware, software, and services.
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By Application: Airspace management, flight management, navigation, and surveillance.
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By End-User: Civil and military.
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By Region: North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
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By Type: Terminal and en-route air traffic control.
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By Technology: Automatic Dependent Surveillance-Broadcast (ADS-B), Automatic Dependent Surveillance-Contract (ADS-C), and Controller Pilot Data Link Communication (CPDLC)
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By Mode of Delivery: Civil and military ATC services.
Each of these segments has a different growth rate and is driven by different factors. For example, hardware is the most significant segment in the Air Traffic Control due to the need for advanced and updated equipment to improve air traffic management. On the other hand, the services segment is expected to grow at the highest CAGR during the forecast period due to the increasing need for maintenance, repair, and overhaul services.
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Key Players:
- • Advanced Navigation & Positioning Corporation Inc.
• The Aeronav Group
• BAE Systems plc.
• Becker Avionics Inc.
• Cobham Plc.
• Frequentis AG
• Global Eagle Entertainment Inc.
• Indra Sistemas S. A.
• Intelcan Technosystems, Inc.
• Kongsberg Geospatial
• L3Harris Technologies, Inc.
• Lockheed Martin Corporation
• Northrop Grumman Corp.
• Raytheon Company
• Searidge Technologies, Inc.
• Sierra Nevada Corporation
• Telephonics Corp.
• Thales Group
• Honeywell Inc.
COVID-19 Impact Analysis on Air Traffic Control Market:
COVID-19 is an exceptional world public health emergency that has affected nearly every business, and also the long effects are projected to impact the business growth throughout the forecast amount. Our in-progress analysis amplifies our analysis framework to confirm the inclusion of underlying COVID-19 problems and potential methods forward. The report delivers insights on COVID-19 considering the changes in consumer’s behaviour and demand, getting patterns, re-routing of the provision chain, dynamics of the current economic process, and also the vital interventions of governments
Global Air Traffic Control Market Regional Analysis Includes:
Asia-Pacific(Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe(Turkey, Germany, Russia UK, Italy, France, etc.)
North America(the United States, Mexico, and Canada.)
South America(Brazil etc.)
The Middle East and Africa(Egypt and GCC Countries)
The report is useful to:
- Private firms and government bodies.
- Universities Student and individuals
- Consulting firm and Research Institutes
- New entering companies in the Air Traffic Control market
- Solution providers, service providers, product providers, and other players in the Air Traffic Control market
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