While recent
breakthroughs in communication technologies have helped boost the
market for ATC systems, there are still a few challenges that the
market will have to contend with. The capital-intensive nature of ATC
systems is one such challenge. However, the impact of this restraint
will likely not be as severe considering that air travel
infrastructure is expanding steadily worldwide, especially so in
developing countries. While the demand for ATC equipment will
essentially be for setting up new infrastructure in developing
countries, demand in developed countries will be centered on
upgrading or expanding existing ATC systems.
Browse the full
Air Traffic Control Equipment Market report at
http://www.transparencymarketresearch.com/air-traffic-control-market.html
Moreover, the
introduction of satellite-based navigation air traffic controllers is
an opportunity that can be effectively monetized by companies in the
market. With radars not performing at par with expectations because
of some of their inherent drawbacks, more money will be invested in
satellites with advanced computing capabilities and sensing
abilities.The report studies the global air traffic control equipment
market based on type of equipment, end user, and geography. Equipment
types analyzed in the report are: Navigation equipment,
communications equipment, and surveillance equipment. The share of
communications equipment was highest in 2012, and this will likely
remain so through the forecast period of the present report with new
digital links being introduced and new communications frontiers being
crossed.
Likewise, the
end-users of air traffic control equipment are segmented as
commercial aircraft, military aircraft, and private aircraft. The
report states that in 2012, commercial aircraft represented the
largest share because of a progressive increase in commercial air
travel.From the regional perspective, the report studies the
following markets: North America, Europe, Asia Pacific, and Rest of
the World. Of these, Europe was seen to be the largest regional
market for air traffic control equipment, boasting an appreciable
market share of 32.1% as of 2012. In developed European nations,
government spending on ATC security and efficiency remains among the
highest in the world. However, the fastest rate of growth will be
reported by Asia Pacific on the back of an expanding air travel
infrastructure here.
The findings of the
report show that the global air traffic control equipment market has
a fragmented structure; the leading companies are: Harris Corp., BAE
Systems Plc, NavAero Inc., Cobham Plc, Lockheed Martin Corp., Indra
Sistemas SA, Raytheon Company, and others. Competition among these
leading players continues to remain stiff, prompting companies to
plough back a substantial portion of their profits into R&D. The
global air traffic control equipment market is segmented into three
main categories: type of equipment, by end users and geography.
Air Traffic
Control Equipment Market, by type
Communication
equipment
Navigation
equipment
Surveillance
equipment
Air Traffic
Control Equipment Market, by end user
Commercial
aircraft
Private aircraft
Military
aircraft
Air Traffic
Control Equipment Market, by geography
North America
Europe
Asia Pacific
RoW
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Brochure of Air Traffic Control Equipment Market at
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