 Market Research, Air Traffic Control (ATC) Market Growth, Air Traffic Control Market){kind=link}
Air traffic control (ATC) is a service, which is provided by ground-based air traffic controllers that guides the pilot to ensure safety of the aircraft in controlled airspace as well as on the ground. In addition, ATC also provides advisory services for non-controlled airspace as well. The primary aim of ATC is to expedite the flow of air traffic as well as to avoid crash of the various aircrafts.
According to study, “Global Air Traffic Control (ATC) Market to reach USD 10.8 billion by 2026” the key companies operating in the global ATC market are Raytheon, SAAB AB, Indra Sistemas, Lockheed Martin Corporation, Thales Group, Northrop Grumman Corporation, Harris Corporation, Honeywell International Inc., Frequentis Group, BAE Systems PLC.
Based on airspace, ATC market is segmented into Terminal Radar Approach Control (TRACON), Air Route Traffic Control Center (ARTCC), Air Traffic Control Tower (ATCT), and remote tower segments. Remote tower segment dominates the market owing to rise in demand for scalable air traffic navigation services. Based on offerings, market is segmented into software & solutions (data gathering & alert systems, communications recording & management, interfacing & integration, incident management and platform & suits), hardware (cameras, radars, display systems, antennas, control tower consoles and others) and services (Air Navigation Service Provider (ANSP) and maintenance). Based on investment type, market is segmented into Greenfield and Brownfield. Based on airport size, market is segmented into large, medium, and small.
Based on level of automation, market is segmented into level 4 and level 5. Based on application, market is segmented into navigation, communications, automation and surveillance. Navigation segment includes VHF Omni-directional Radio Range (VOR), Runway Status Light (RWSL), Instrument Landing System (ILS), Distance Measuring Equipment (DME) and Precision Approach Radar (PAR). Communication segment includes voice communication and recorder systems, Automatic Terminal Information System (ATIS) HF/UHF/VHF RADIO systems, and controller–pilot data link communications (CPDLC). Automation segment includes Electronic Flight Strip (EFS), Automatic Warning System (AWS), ATC simulation system, Surveillance Data Processing System (SDPS) and digital tower. Additionally, surveillance segment includes Wide-Area Multilateration (WAM) system, Automatic Dependent Surveillance-Broadcast (ADS-B) Ground Station, Primary Surveillance Radar (PSR) and Secondary Surveillance Radar (SSR). In addition, based on sector, market is segmented into commercial and military & defense.
The ATC market is driven by increase in need of better airspace management system, followed by rise in number of airports and increase in number of passengers. However, high cost of ATC systems and potential risk of cyber threat may impact the market. Moreover, growth in adoption of the satellite based air-traffic control systems is a key opportunity for market.
Based on geography, the North-American region is a significant region in global ATC market owing to rise in need for up-gradation of air traffic management system along with increase in number of both domestic and international passengers in the region. Whereas, the Asian-Pacific region is also anticipated to exhibit highest growth rate due to surge in number of airports and high presence of airline operators over the forecast period. Global ATC Market is valued approximately US $8.2 billion in 2018 and is projected to grow with a healthy growth rate of more than 3.5% over the forecast period 2019 to 2026.
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Global Air Traffic Control (ATC) Market
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