Market Insights:
The global Air Traffic Control (ATC) Equipment Market was valued at USD 9.2 Bn in 2021 and is anticipated to grow at a CAGR of 7.8% and is expected to reach USD 18.1 Bn by 2030.
Driver:
The increased adoption of Air Traffic Control (ATC) Equipment in the Communication Services industry is due to high workability, Stability of structure, good quality, and Demand for making things better. The demand for Air Traffic Control (ATC) Equipment also has other significant aspects, such as analysis, purchasing volume, costs, pricing analysis, and regulatory framework. Additionally, the increased demand of Air Traffic Control (ATC) Equipment in many sectors also boosts the market growth during the forecast period.
Commercial, private, and military aircraft all use air traffic control systems. Flight Data Processing System (FDPS), Primary Surveillance Radar (PSR), Radar Data Processing & Display System (RDPDS), Secondary Surveillance Radar (SSR), and Simulator System are examples of air traffic control equipment (SIM). These devices give critical airspace information to the pilot, making his or her job easier. Commercial and military aircraft are likely to be fast-growing markets for the deployment of air traffic control systems.
Air Traffic Control (ATC) Equipment Market Research Report” was just released by Market Research Community. It is divided into several categories, including Product (Communications Equipment, Navigation Equipment, Surveillance Equipment), application (Commercial Aircraft, Private Aircraft, Military Aircraft), and companies (Advanced Navigation & Positioning Corporation Inc., The Aeronav Group, BAE Systems plc, Becker Avionics Inc., obham 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), According to the analysis of Market Research Community, The market is projected to grow at a significant pace reaching a CAGR of approximately 7.8%, over the forecast period of 2022–2030
Report Coverage:
| Report Attributes | Report Details |
| Study Timeline | 2018-2030 |
| Market Size in 2030 (USD Billion) | 18.1 Billion |
| CAGR (2022-2030) | 7.8% |
| By Product | Communications Equipment, Navigation Equipment, Surveillance Equipment |
| By Application | Commercial Aircraft, Private Aircraft, Military Aircraft |
| By Geography | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Key Players | Advanced Navigation & Positioning Corporation Inc., The Aeronav Group, BAE Systems plc, Becker Avionics Inc., obham 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 |
Covid-19 Impact:
The COVID-19 pandemic has had a substantial negative influence on the Air Traffic Control (ATC) Equipment market in many different regions of the world. The factors such as limited availability of raw materials, transportation restrictions, the shutdown of manufacturing facilities, and economic slowdown are the major impacts of COVID-19 which hampered the market growth. Shipments were impacted during the initial lockdown due to halted automotive productions and stringent government rules. The overall impact of COVID-19 on the industry is estimated to be minimal because the situation has stabilised. Post covid-19, there was a positive impact on the market growth due to the increased industrial manufacturing processes and rising demand for environment-friendly alternatives.
Industry Competitive Landscape:
The research includes comprehensive profiles of the key players in the market and an analysis of the competitive landscape. The market for sample preparation has grown more quickly as a result of the spike in research and development (R&D), product innovation, different business strategies, and application releases. Key players in the market include-
Advanced Navigation & Positioning Corporation Inc., The Aeronav Group, BAE Systems plc, Becker Avionics Inc., obham 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
Market Segment Analysis:
By Product
- Communications Equipment
- Navigation Equipment
- Surveillance Equipment
By Application
- Commercial Aircraft
- Private Aircraft
- Military Aircraft
Region
The regional segment includes Asia Pacific, Europe, North America, the Middle East, and Africa, Latin America. In 2021, some of these regions expected to contribute the largest share during the forecast period.
The factors such as the large and easy availability of basic things, rising purchasing power among the population, and favorable government policies and industrial facilities are estimated to accelerate the industry growth in the region. The growing rate of industrialization is anticipated to boost the presence of Air Traffic Control (ATC) Equipment industries in the region.
Key Air Traffic Control (ATC) Equipment Market Trends
– Based on type, sub-type, technology utilised, applications, end-users, and geographies, the research identifies, defines, and predicts the Global Air Traffic Control (ATC) Equipment Market segments.
– Largest Market Share Held by Industry to Industry for Air Traffic Control (ATC) Equipment
– Based on their expected growth, development patterns and prospects for the future, and contributions to the overall market, it analyses the micro markets.
– Demand from the geographical area is estimated to boost growth.
– Growing Market Segment Adoption in the Air Traffic Control (ATC) Equipment Industry
– Over the forecast period, higher growth rates are anticipated in in some regions
Why Purchase the Industry Report by MRC
There is a huge amount of information in the report, including market trends and business opportunities for the forecast period.
Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) statistics.
Data at the regional, sub-regional, and national levels also includes information on the market’s supply and demand dynamics.
The competitive landscape includes the proportions of important players, recent innovations, and strategy.
Comprehensive product offerings, important financial data, latest advancements, SWOT analysis, and key player tactics.
Table of Content
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Research Methodology
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