Air Traffic Control Equipment Market - Forecast (2022 - 2027) - PowerPoint PPT Presentation

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Air Traffic Control Equipment Market - Forecast (2022 - 2027)

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Air Traffic Control Equipment Market size is analyzed to grow at a CAGR of 7.0% during the forecast 2022-2027 to reach $8 billion by 2027. – PowerPoint PPT presentation

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Title: Air Traffic Control Equipment Market - Forecast (2022 - 2027)


1
Air Traffic Control Equipment MarketMarket
size, Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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  • Air Traffic Control Equipment Market size is
    analyzed to grow at a CAGR of 7.0 during the
    forecast 2022-2027 to reach 8 billion by 2027.
    Air traffic control equipment is utilized for
    communication, navigation, as well as
    surveillance, in order to ensure safety and
    efficiency of aircraft operations, air traffic
    flow management, alongside aiding in the
    avoidance of aircraft collisions. Due to
    increased demand for new ground-based air traffic
    controllers to direct the pilot to signal
    aircraft safety, controlled airspace, as well as
    adequate ground traffic operation, usage of air
    traffic control (ATC) technology has been gaining
    wide popularity, resulting in its market growth.

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3
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  • Key Takeaways
  • The Commercial and Cargo Aircraft segment
    is expected to grow at a CAGR of 7.5 during the
    forecast period 2022-2027. Rapid recovery of the
    Commercial Aircraft sector is anticipated to
    increase the adoption of air traffic control
    equipment during 2022-2027, owing to growing air
    traffic, attributing to reduction in domestic and
    international air travel restrictions imposed by
    countries.
  • During the forecast period, APAC is expected to
    grow at the fastest CAGR of 10.6, owing to
    varied factors including increased aircraft
    production for expansion of the commercial
    aviation industry. 

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4
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By Distribution Channel- Segment Analysis The
Commercial and Cargo Aircraft segment is expected
to grow at a CAGR of 7.5 during the forecast
period 2022-2027. Due to increased air traffic,
the rapid recovery of the commercial aircraft
industry is expected to increase the adoption of
air traffic control technology during the
projection period. Reduction in local and
international air travel limitations imposed by
countries can be also linked to this growth. In
March 2022, India lifted the ban placed on
scheduled international commercial flights after
a period of two years. 
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5
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  • Air Traffic Control Equipment Market
    Outlook 
  •   Advanced Navigation Positioning Corp
  • BAE Systems plc
  • Raytheon Technologies Corporation
  • Cobham Limited
  • L3 Harris Technologies, Inc.
  • Northrop Grumman
  • Intelcan Techno systems Inc.
  • Indra Sistemas S.A
  • Lockheed Martin Corporation
  • SAAB AB

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6
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Air Traffic Control Equipment Market
Forecast (2022 -2027) Learn More About the
Report _at_ https//www.industryarc.com/Report/106
15/air-traffic-control-equipment-market.html
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id10615

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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