DALLAS, November 19, 2014 /PRNewswire/ --
Global Air Traffic Management and Control Market 2014-2018 and Air Traffic Control Equipment Market by Product Types (Communication, Navigation, and Surveillance), Geography (North America, Europe, Latin America, Asia-Pacific, Middle East, and Africa), and by Country. Forecast Analysis (2014-2020) are new research reports added to ReportsnReports.com.
The Global Air Traffic Management and Control market is forecast to grow at 16.7% CAGR over the period 2013-2018. 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. Complete report on Global Air Traffic Management and Control Market 2014-2018 is available at http://www.reportsnreports.com/reports/317873-global-air-traffic-management-and-control-market-2014-2018.html .
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.
Companies discussed in this air traffic control market research include Advanced Navigation & Positioning, BAE Systems, Raytheon, THALES, Artisys, COMSOFT, Finavia, GECI, Harris, Indra Navia, NAVCANatm, Selex, SkySoft-ATM and Terma - CNS. Under the market segmentation by product type section of this report, readers will get data and information on global air traffic management and control software market by product type 2013, market size and forecast of air traffic management and control communication systems market, air traffic management and control navigation systems market and market size and forecast of air traffic management and control surveillance systems market. Supported with 24 exhibits, this report can be purchased at http://www.reportsnreports.com/Purchase.aspx?name=317873 .
The Air Traffic Control (ATC) equipment market research report categorizes the global market on the basis of product types, geography, and countries for the forecast period from 2014-2020. In the product types, three major types have been briefly explained, which include communication, navigation, and surveillance systems. The report highlights the market size and the market share for these types, of which communication equipment is expected to hold highest market share throughout the forecasting period. According to this research, the ATC equipment market is projected to reach $5519.51 million by 2020, growing at a high CAGR of 4.82% from 2014-2020. Air traffic is expected to be double in next 15 years. In current scenario, despite uncertain economic conditions, commercial aviation is experiencing continuous growth in aircraft movements.
The increase in passenger traffic and aircraft movement has resulted into expansion of airports and construction of new airports to meet the future demand of air traffic. The airport construction and expansion need further ATC equipment, as well as its sub-systems to handle increased aircraft movements. Therefore, the construction of new airports and modernization of existing airports have been a real growth factor for the ATC equipment market. The restraints identified in the market include high cost and maintenance of the ATC equipment. The challenges faced by this market include lack of efficient operations at peak hours and lack of skilled labor.
Among the three equipment types including communication, navigation, and surveillance, the communication equipment market is expected to account for the highest market share throughout the forecast period. The global air traffic management and control market is witnessing a major shift from ground-based ATC to satellite-based ATC. Satellite-based navigation helps increase control capacity at airports and improves the fuel efficiency of aircraft. It can also lead to decreased flight times and reduced noise pollution and greenhouse gas emissions, by allowing aircraft to operate along the most optimal flight paths through a variety of new air and ground-based technologies.
Regionally, at present, the air traffic control equipment market is being dominated by Europe and the North American regions. During the forecast period, the market share in the APAC region is estimated to grow at the highest CAGR. China will account for the highest market share in the region by 2020.
The technology trends prevalent in the ATC market include the NextGen transformation, which is basically a shift from ground-based navigation surveillance to satellite-based navigation surveillance. The report describes leading competitors in the ATC equipment market, the general overview of the companies, financial position, and key products, along with their market share.
Companies profiled in Air Traffic Control Equipment Market by Product Types (Communication, Navigation, and Surveillance), Geography (North America, Europe, Latin America, Asia-Pacific, Middle East, and Africa), and by Country. Forecast Analysis (2014-2020) research report include Thales Group, Indra Sistemas SA, Raytheon Company, Harris Corporation, Lockheed Martin Corp., Northrop Grumman Corp., Comsoft GMBH, Intelcan Technosystems Inc., Searidge Technologies Inc. and Advanced Navigation & Positioning Corp. Order a copy of this research at http://www.reportsnreports.com/Purchase.aspx?name=293164 .
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