World Air Traffic Control Equipment Market Investigated in New M&M Report Now Available at MarketPublishers.com14 Aug 2014 • by Natalie Aster
LONDON – In 2014, the world market for air traffic control (ATC) equipment is worth more than USD 4.1 billion. In terms of value, the global ATC equipment market is poised to register a 4.82% CAGR in the next six years, and by 2020 is anticipated to exceed USD 5.5 billion. Robust growth of the ATC equipment market will likely be spurred by such factors as construction of novel airports worldwide, ongoing modernization of existing airports, remarkable increase in freight and passenger traffic, considerable rise in aircraft movements, continuous advancements of the ATC equipment industry and also high safety requirements, among other factors. At the same time, the maintenance and high cost of the ATC equipment are the main restraints of the overall market growth.
The dominant competitors active in the global ATC equipment market include Raytheon Company, Thales, Harris Corporation, Indra Sistemas and Lockheed Martin.
New research report “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)” elaborated by MarketsandMarkets (M&M) presents a comprehensive analysis of the world market for ATC equipment. It uncovers top-level data on the historical and present industry performance as well as provides market forecasts through 2020.
The new report offers a detailed assessment of the ATC equipment market on the basis of geography and product types; uncovers data on the market size and value, thoroughly examines the key factors shaping the market. Besides, an overview of the market threats and opportunities, a summary of the market trends, an in-depth analysis of the competitive scenario and top players profiles are available in the study. The report touches upon the most important industry aspects, highlights the hottest issues and also throws light on the future growth prospects of the worldwide ATC equipment market up to 2020.
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)
Published: August, 2014
Price: US$ 4,650.00
More new research reports by the publisher can be found at M&M page.