Dublin, Feb. 14, 2022 (GLOBE NEWSWIRE) -- The "The Air Traffic Control Market - Size, Share, Outlook, and Opportunity Analysis, 2021 - 2028" report has been added to ResearchAndMarkets.com's offering.
Air traffic control is an essential service offered by ground-based air traffic managers who direct aircraft in controlled airspace and over the air surface, and also offer advisory services for other aircraft in unassigned airspace. Air traffic control requires knowledge of all aspects of air navigation and their use and knowledge of airport operations, but may also include hazard communication, traffic analysis, weather observations and forecast, media communications and weather applications.
Market Dynamics
Initiative to boost the aviation sector post Covid-19 is expected to propel growth of the global air traffic control market over the forecast period. For instance, in September 2020, Airports Council International (ACI) laid out a roadmap for the recovery of the airport sector and wider aviation ecosystem from the devastating impact of the COVID-19 pandemic.
Moreover, recovery in domestic passenger traffic is also expected to aid in growth of the market. For instance, according to ICRA Limited, an independent and professional investment information and credit rating agency, the Indian aviation industry witnessed a recovery in domestic passenger traffic in August 2020, with a sequential growth (over July 2020) of 25 per cent to 26 lakh passengers.
Launch of air traffic control services is expected to propel growth of the global air traffic control market over the forecast period. For instance, in November 2020, NAV CANADA, a private, not-for-profit company, providing air traffic control, airport advisory services, weather briefings and aeronautical information services, introduced air traffic control service in at Red Deer Regional (CYQF) airport, Canada.
Key features of the study:
- This report provides in-depth analysis of the global air traffic control market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2021-2028), considering 2020 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global air traffic control market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include BAE Systems plc, Raytheon Company, Harris Corporation, Searidge Technologies Inc., Cobham Plc, Thales Group, NavAero Inc., Northrop Grumman Corp, Indra Sistemas S.A., and Lockheed Martin Corp.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global air traffic control market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global air traffic control market
Key Topics Covered:
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Type
- Market Snippet, By End User
- Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Solutions Trend
- New system Launch/Approvals
4. Global Air Traffic Control Market: Impact of COVID-19 on Market
5. Global Air Traffic Control Market, by Type, 2017-2027 (US$ Million)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
- Segment trends
- Communication equipment
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2020-2027, (US$ Million)
- Navigation equipment
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2020-2027, (US$ Million)
- Surveillance equipment
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis, 2020-2027, (US$ Million)
6. Global Air Traffic Control Market, By End User, 2017-2027 (US$ Million)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
- Segment trends
- Commercial aircrafts
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
- Private aircrafts
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
- Military aircrafts
- Introduction
- Market Size and Forecast, Y-o-Y Growth Analysis (US$ Million)
7. Global Air Traffic Control Market, By Region, 2017-2027 (US$ Million)
- Introduction
- Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2027 (%)
North America
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027(US$ Million)
- Market Size and Forecast, By End User, 2020-2027 (US$ Million)
- Market Share Analysis, By Country, 2019 and 2027 (%)
Europe
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027(US$ Million)
- Market Size and Forecast, By End User, 2020-2027 (US$ Million)
- Market Share Analysis, By Country, 2019 and 2027 (%)
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027(US$ Million)
- Market Size and Forecast, By End User, 2020-2027 (US$ Million)
- Market Share Analysis, By Country, 2019 and 2027 (%)
Rest of World
- Regional Trends
- Market Size and Forecast, By Type, 2020-2027(US$ Million)
- Market Size and Forecast, By End User, 2020-2027 (US$ Million)
- Market Share Analysis, By Country, 2019 and 2027 (%)
9. Competitive Landscape
- Company Profiles
BAE Systems plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Raytheon Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Harris Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Searidge Technologies Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Cobham Plc
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Thales Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
NavAero Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Northrop Grumman Corp
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Indra Sistemas S.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
Lockheed Martin Corp.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
10. Section
- References
- Research Methodology
- About us and Sales Contact
For more information about this report visit https://www.researchandmarkets.com/r/ug808g
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