Air Traffic Control (ATC) Market

Air Traffic Control (ATC) Market worth $80 billion by 2025

The report "Air Traffic Control (ATC) Market by Airspace (ATCSCC, ARTCC, Tracon, ATCT, FSS), Application (Communication, Navigation, Surveillance, Automation), Sector (Commercial, Defense), Investment Type, System, and Region - Global Forecast to 2025", is projected to reach USD 80 billion by 2025, at a CAGR of 13% from 2017 to 2025. Factors such as modernization of Air Traffic Management (ATM) infrastructure, increase in the number of airports in emerging economies, and the need for efficient airspace management are anticipated to drive the growth of the air traffic control market. European initiative such as SESAR 2020 is expected to further boost the market

Browse 134 market data Tables and 47 Figures spread through 237 Pages and in-depth TOC on "Air Traffic Control (ATC) Market - Global Forecast to 2025"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/air-traffic-control-equipment-market-159216929.html

The ARTCC segment is projected to grow at the highest CAGR during the forecast period.

Based on airspace, the Air Route Traffic Control Center (ARTCC) segment of the air traffic control market is projected to grow at the highest CAGR from 2017 to 2025. This growth is mainly attributed to the modernization of airports as well as the upgrade of ATC equipment. To optimize airspace management ATC equipement are being digitised resulting in upgrades at multiple airports globally.

ATC Trends:

Remote Tower System

Remote tower system is a remote Air Traffic Control (ATC) room with video-sensor based surveillance instead of the conventional out-of-the-window view from a real tower. Remote tower systems are gaining popularity as they are cost-effective. Remote tower systems provide an integrated solution of subsystems that facilitate a wide range of services over conventional Air Traffic Services (ATS). High definition real-time images are transferred via the data network to an integrated controller working position at the Remote Tower Center (RTC) as per the required airport model. Additional features of remote tower system include object tracking & alerting, night vision & image enhancement, and enhanced situational awareness in low visibility.

RTC help navigation service providers, airport owners, and operators to reduce operating costs for ATS. In terms of staffing, the major potential for increased efficiency comes with the possibility for one operator to handle air traffic services at several airports simultaneously. Investment and maintenance of these control towers are a major concern for airports, however, with remote towers, the construction and maintenance of traditional control towers will no longer be required. Instead, cameras and other sensor technologies will be installed at a much lower cost – connected to a remote tower center. In total, with more efficient staffing and avoiding investments in air traffic control towers, remote towers can reduce costs for air traffic services at airports by 30-40% per annum than the current systems.

Norwegian airport operator and air navigation service provider, in 2015, Avinor, announced plans to introduce remote tower solutions at 15 of its airports.

Saab AB (Sweden) and Searidge Technologies (US) are the leading manufacturers of remote tower systems.

Air Traffic Control Equipment Market

The hardware systems segment is estimated to account for the largest share of the air traffic control market in 2017.

Based on system, the hardware systems segment is estimated to account for the largest share of the air traffic control market in 2017. The Air Traffic Control (ATC) architecture fundamentally depends on the hardware deployed on ground and in air. Different types of ATC hardware systems include Airport Surveillance Radar (ASR), Air Route Surveillance Radar (RSR), Mono-Pulse Surveillance Radar (MSSR), Very High Frequency Omni-Directional Range (VOR), Instrument Landing System (ILS), simulators, and surveillance satellites. The major function of ATC hardware systems is to collect real-time information, transmit data, and maintain an orderly flow of air traffic.

The air traffic control market in Asia Pacific is projected to witness the highest growth during the forecast period.

The air traffic control market in the Asia Pacific region is anticipated to grow at the highest CAGR from 2017 to 2025. This growth is mainly attributed to the modernization of airport infrastructure, which, in turn, has resulted in the increased procurement of air traffic control equipment to streamline flight operations.

Key players operating in the air traffic control market include Thales SA (France), Harris Corporation (US), Raytheon Company (US), Indra Sistemas, S.A. (Spain), Lockheed Martin Corporation (US), and Frequentis AG (Austria), among others.

Air Traffic Control Equipment Market

Study Coverage:

The report analyzes market trends for each of the following market segments that include airspace, application, sector, investment type, system, and region and their respective growth rates. Apart from market segmentation, the report also covers market dynamics, such as drivers, restraints, opportunities, and challenges impacting the growth of the air traffic control market. The report provides qualitative and quantitative description of the market across varied regions, namely, North America, Europe, Asia Pacific, the Middle East, and Rest of the World (RoW).

Don’t miss out on business opportunities in Air Traffic Control (ATC) Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AS 3053
PR Published ON
7/2/2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Air Traffic Control (ATC) Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home