World Air Traffic Control Equipments Market to Post 5% CAGR through 2021, Predicts OMR in Its Topical Report Available at MarketPublishers.com22 Sep 2017 • by Natalie Aster
LONDON – Due to an uptake in global air traffic and modernisation of airports to facilitate secure and seamless operations, the world’s air traffic control (ATC) equipments market is set to gain traction at a 5% CAGR up till 2021. One of the key market growth engines is the enhancing need for security and improved air traffic management systems. Such factors as continued shift towards satellite navigation systems, numerous innovations and ongoing technological advancements are likely to open further opportunities for the ATC equipments market players.
At present, North America and Europe capture the biggest chunk of the commercial ATC equipments market owing to the presence of large airports in these regions. Meantime, Asia-Pacific and Middle East will likely demonstrate remarkable uptake during 2017-2021; this is attributed to increasing investments in construction and modernisation of airports in these regions.
Topical research report “Global Air Traffic Control Equipments Market Research and Analysis, 2015-2021” worked out by Orion Market Research (OMR) gives an in-depth analysis of the ATC equipments market, sheds light on the market dynamics with details on the major growth influencing forces, presents a detailed analysis of the market segmentation on the basis of types, applications and end-users. It also investigates the present situation across the key geographical markets, touches upon the historical development patterns an also discusses the current and emerging trends. Moreover, this report discloses reliable market data for 2015-2017 as well as gives forecasts up till 2021. This publication also comprises relevant info on the competitive environment, touches upon regulative framework, reviews the top players and covers the most recent developments and business activities.
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