DALLAS, December 19, 2014 /PRNewswire/ --
ReportsnReports.com adds Global Air Traffic Control Equipment Market 2015-2019 and Global Air Traffic Management and Control Market 2014-2018 research reports to its online business intelligence library.
The Global Air Traffic Control Equipment Market 2015-2019 report says that with modernization of airports and ATC infrastructure, there are several aircraft that need to be retrofitted with the necessary ATC equipment. Projects such as SES in Europe and NextGen in the US and initiatives from the IATA to improve air traffic management systems globally have also stimulated the market. The Global Air Traffic Control Equipment (ATC) Equipment market is expected to grow at a CAGR of 4.74% during the period 2014-2019.
ATC equipment is used for air traffic communication, navigation, and surveillance. It ensures safety and efficiency in the operation of aircraft, organizes the flow of air traffic, and helps to avoid collision of aircraft. ATC equipment enables air traffic controllers to communicate with the aircraft, provides navigational services, and monitors and manages the air traffic. A few of the various ATC equipment used for ATM are RDPDS, PSR, SSR, CTS, ILS, AMSS, and NDB. Along with the increase in global air traffic and the need to meet the rise in demand for ATC in the future, ATM systems are being upgraded from ground-based to satellite-based systems.
To cope with increased demand in the future, ATM upgrade measures, which include the upgrade of ATC infrastructure and transition from ground-based to satellite-based ATC systems, are also considered. Major airports in places such as Hong Kong, Singapore, Bangkok, and Beijing are already operating at high capacity and could face a major problem in the future because of lack of efficient ATM systems. Thus, the upgrade of ATC infrastructure is a necessity and is going to increase the demand for ATC equipment in the years to come.
An ATM using a satellite-based navigation system is one of the potential solutions and has already been considered for the ATM upgrade programs such as NextGen in the US. A satellite-based navigation system uses GPS technology to shorten routes. Also, aircraft could fly closer together with greater safety margins.
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Key Vendors: BAE Systems plc, Cobham plc, Harris Corp., Indra Sistemas S.A. and NavAero Inc.
Other Prominent Vendors: Advanced Navigation & Positioning Corp., Comsoft GMBH, Copperchase Ltd., Honeywell International Inc., Intelcan Technosystems Inc., Lockheed Martin Corp., Northrop Grumman Corp., Raytheon Co., Saab AB, Searidge Technologies Inc. and Thales Group.
The emergence of satellite-based navigation, ATC systems is an upcoming trend in this market. The shift from ground-based navigation, ATC systems to satellite-based navigation, ATC systems have increased safety and precision levels. Analysts forecast the Global Air Traffic Management and Control market to grow at a CAGR of 16.70% over the period 2013-2018.
According to the "Global Air Traffic Management and Control Market 2014-2018" report, one of the major drivers of this market is the growth in airline traffic volume and congestion, which increases the need for global air traffic management and control systems. Air traffic management and control is a service provided by ground-based controllers who direct aircraft on the ground and through controlled airspace provide advisory services to aircraft in non-controlled airspace. The primary purpose of ATC worldwide is to prevent collisions, organize and expedite the flow of traffic, and provide information and other support for pilots. In some countries, ATC plays a security or defensive role, or is operated by the military.
To prevent collisions, ATC enforces traffic separation rules, which ensure each aircraft maintains a minimum amount of empty space around it at all times. Many aircraft have collision avoidance systems, which provide additional safety by warning pilots when other aircraft get too close.
The report covers the quantitative and qualitative aspects of the Global Air Traffic Management and Control market during the period 2014-2018. To calculate the market size, the report considers the revenue generated by the vendors in the market. It also covers the Global Air Traffic Management and Control market segmentation based on product type, end-users, and geography. It presents the vendor landscape and a corresponding detailed analysis of the leading vendors in the Global Air Traffic Management and Control market. In addition, it discusses the major drivers that influence the growth of the Global Air Traffic Management and Control market. It also outlines the challenges faced by vendors and the market at large, as well as the key trends currently contributing toward the growth of this market.
The report recognizes the following companies as the key players in the Global Air Traffic Management and Control Market: Advanced Navigation & Positioning Corp., BAE Systems plc, Raytheon Co. and Thales SA. Other Prominent Vendors in the market are: COMSOFT, Finavia, GECI Airports, Indra Navia, Harris, NAVCANatm, SkySoft-Air Traffic Management and Terma. Further, the report states that the high cost of air traffic control systems is one of the major challenges that the market faces as it results in revenue fluctuations for air traffic management and control system manufacturers.
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List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Market overview of Global Air Traffic Management and Control Market 2013
Exhibit 3: Market overview of Global Air Traffic Management and Control Market 2013-2018
Exhibit 4: Market Segmentation
Exhibit 5: Global Air Traffic Management and Control Hardware Market 2014-2018 (US$ billion)
Exhibit 6: Global Air Traffic Management and Control Software Market (Software) 2014-2018 (US$ billion)
Exhibit 7: Global Air Traffic Management and Control Software Market by Product Type in 2013
Exhibit 8: Global Air Traffic Management and Control Software Market by Product Type in 2014-2018
Exhibit 9: Global Air Traffic Management and Control Communication Systems Market 2014-2018 (US$ billion)
Exhibit 10: Global Air Traffic Management and Control Navigation Systems Market 2014-2018 (US$ billion)
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