With the growth and innovation in the civil and military aviation, there has been a rising focus on the wider usage of air traffic control equipment. This is in response to the large increase in air traffic in the recent years, particularly in Asia, the Middle East, and Latin America. As a result, it is expected that the global market for the air traffic control equipment would grow substantially, during the forecast period.
The air traffic control equipment are chiefly used by the ground-based air traffic controllers to direct the private, military, and commercial aircraft on the ground, through a controlled airspace. The major purpose of the air-traffic control equipment are prevention of aircraft collisions, air-traffic flow management, and provision of support to the pilots.
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Moreover, the passenger and air traffic has grown significantly, in the recent years. Owing to the huge passenger growth, there has been an increasing requirement of new aircraft by airlines to cater to the ever-increasing demand. For instance, in 2017, Airbus signed a contract worth USD 50 billion, with Indigo Partners to deliver 430 aircraft. It is considered to be one among the biggest deals in the history of commercial aviation. Furthermore, the new airlines are being established in almost every region to tap into the tremendous passenger demand. For instance, in 2017, more than 70 new airlines were established around the world. Hence, increase in passenger traffic and subsequent demand for new aircraft from existing as well as new airlines will positively affect the growth of the global air traffic control equipment market.
On the basis of region, the global air traffic control equipment market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. In 2017, North America dominated the global market. In addition, the Federal Aviation Administration (FAA) is taking up significant measures to ensure proper communication between the aircraft pilots and the ground controllers, which would drive the growth of the regional market. Concurrently, the infrastructure of a number of airports are being upgraded in the other regions such as Asia-Pacific, Europe, Latin America, and Middle East & Africa. Such developments would fuel the growth of the global market.
Key Players:
- Harris Corporation
- BAE Systems PLC
- Cobham
- Indra Sistemas
- Thales Group
- ADb Safegate
- Searidge Technologies
- Raytheon Company
- Aeronav Inc.
- Aquila Air Traffic Management Services
Segmentation:
The global air traffic control equipment market has been segmented based on equipment type, end-user, and region. On the basis of equipment type, the air traffic control equipment market is divided into communications equipment, navigation equipment, and surveillance equipment. In 2017, the surveillance equipment segment dominated the global market, majorly due to the high demand for airside surveillance, as a result of the growing air traffic. Also, it is expected that the communications equipment segment would witness the fastest market growth, during the forecast period, due to the significant developments in air-ground communications. Moreover, with the emergence of wireless air-ground communication, it is expected that the situational awareness of the aircraft pilots would be improved significantly and the potential for human error would be considerably reduced. Similarly, based on end-user, the air traffic control equipment market is divided into commercial and military. In 2017, the commercial segment accounted for the largest market share, primarily due to the increase in the number of aircraft deliveries. Moreover, it is also expected to witness the fastest market growth, during the forecast period.
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Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1. Market Definition
2.2. Scope Of The Study
2.2.1. Definition
2.2.2. Research Objective
2.2.3. List Of Assumptions
2.2.4. Limitations
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
Continue…
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