|[August 13, 2014]
Research and Markets: Global Air Traffic Control Equipment (Communication, Navigation, and Surveillance) Market - Forecast Analysis to 2020
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/qtlt6p/air_traffic)
has announced the addition of the "Air
Traffic Control Equipment Market by Product Types, Geography, and by
Country. Forecast Analysis (2014-2020)" report to their
The Global Air Traffic Control equipment market is estimated to be at
$4160.2 million in 2014 and expected to register a CAGR of 4.82% to
reach $5519.5 million by 2020.
ATC equipment are instruments used by air traffic controllers to ensure
safety, efficiency, and reliability of aircraft. The main objective of
ATC equipment is to avoid collision of aircrafts and organize the flow
of air traffic.
This report describes the analysis and forecast of the global Air
Traffic Control equipment market. It is segmented on the basis of types,
geography, and countries. The report highlights factors driving the
market, along with its restraints. It addition to this, it contains a
brief about the recent technologies, market, and industry trends.
The ATC equipment analysis exemplifies the forecast for three major
types: communication, navigation, and surveillance equipment. Ancillary
to this, the geographical analysis describes the global ATC equipment
market forecast for major regions including North America, Europe,
Asia-Pacific (APAC), the Middle East, Latin America, and Africa. Of
these, North America and Europe are currently dominating the market;
however, the APAC region is expected to show highest CAGR by 2020.
The report offers leading competitors in the global Air Traffic Control
equipment market; the general overview of companies, along with their
financial position, key products, and market sizes. The key players in
this market include Indra Sistemas, Thales Group, Raytheon, Lockheed
Martin, and Harris Corporation (News - Alert).
Construction of new airports and modernization of existing airports acts
as a major driver for the global Air Traffic Control equipment market.
This is further aided by technological advancements, high safety
requirements, and increase in passenger and freight traffic. High
maintenance and operational cost are expected to restrict the market.
The challenges faced by the market include lack of efficient operations
in peak period and lack of skilled labor. Opportunities expected to
drive the market further include NextGen (News - Alert) transformation; a shift from
ground-based navigation surveillance to satellite-based navigation
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Market Dynamics
5 Air Traffic Control Equipment Market, By Product Type
6 Geographical Analysis
7 Competitive Landscape
8 Company Profiles
Advanced Navigation & Positioning Corp.
Indra Sistemas SA
Intelcan Technosystems Inc.
Lockheed Martin (News - Alert) Corp.
Northrop Grumman Corp.
Searidge Technologies Inc.
For more information visit http://www.researchandmarkets.com/research/qtlt6p/air_traffic
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