Growing Air Traffic Congestion Amid Expanding Airport Capacity & Rapidly Developing Airline Industry to Spur Opportunities for Air Traffic Control (ATC) Equipment

The global ATC Equipment market is projected to reach US$6.3 billion by 2024, driven by growing air traffic congestion amid expanding airport capacity and rapidly developing airline industry in developing and developed markets alike.

Air traffic control (ATC) equipment is used in aviation industry to help in navigation and enable synchronized take-off and landing operations of aircraft. In addition to well-organized operations, ATC Equipment is used to avoid collisions and air-related accidents as well. The equipment is necessary to maintain systematized air traffic flow and prevent unnecessary traffic congestion. The main functions of ATC equipment are avoiding collision, navigation, and surveillance during flight. Demand for ATC equipment is on the rise due to integration of innovative communication and data processing technologies in the equipment. Moreover, the advancement of automated transmission of the required information to pilots is driving installation of ATC equipment in aircraft across the world. Another factor that would open new opportunities for the ATC equipment market over the next few years is improvement of microelectronics.

Given that control is one of the most vital elements of air traffic management, the global air traffic equipment market is closely tied to the health of the airline and air transport industry. Level of air passenger/cargo traffic, fleet size and number of aircraft in operation, level of modernization in aircraft and airport infrastructure, number of airline companies operating or seeking to operate in the industry, and level of airport construction/modernization activity, will all dictate growth patterns in the global ATC market. Level of industrial development, international trade, travel and tourism, health of the business sector and spending patterns on business travel, all of which are crucial for commercial aviation sector, also influence demand patterns for ATC equipment. Level of interest shown by governments in developing airports and flight paths will also dictate demand patterns for air traffic management infrastructure, including ATC equipment. The level of efforts shown by airline companies and airport authorities on ensuring safety and comfort of passengers and crew also influences demand prospects for ATC equipment. Level of technology developments in aircraft traffic management systems and sophistication of ATC equipment will also influence growth patterns in the market. The prevailing operational and maintenance costs of air traffic management systems availability of skilled labor and quality of operations management in peak periods also influence demand prospects for ATC equipment.

The market is buoyed by the deployment of Communications, Navigation and Surveillance/ATM management (CNS/ATM) networks. Advanced Air Traffic Management (ATM) is a combination of technologies such as GPS and digital communications that facilitate optimum utilization of entire airspace through automation of aircraft’s routine separation.  The emergence of Next Generation (NextGen) Air Traffic Control equipment as an upgrade to traditional ATC equipment is gaining popularity among airlines across the globe. NextGen ATC equipment, which complies with implementation policies, help in addressing the most challenging issues faced by the global airspace sector such as airport congestion, safety, and issues concerning fuel and environment.

As stated by the new market research report on Air Traffic Control (ATC) Equipment, Europe represents the largest regional market worldwide, followed closely by the United States. However, Asia-Pacific region, driven by fast growing aviation markets such China and India, is forecast to emerge as the fastest growing market with a CAGR of 8.5% over the analysis period. High growth of passenger and cargo traffic, driven by increasing propensity for air travel on the back of growing affluence is driving demand in the region. On the other hand, developed markets in North America and Europe are investing in advanced equipment to reduce congestion and accommodate increasing air traffic. ATC Communications Equipment represent the largest as well as the fastest growing segment for ATC Equipment worldwide.

Major players in the market include Advanced Navigation & Positioning Corporation Inc., The Aeronav Group, BAE Systems plc, Becker Avionics Inc., C.N.S. Systems AB, Cobham Plc, Frequentis AG, Harris Corporation, Indra Sistemas S. A., Intelcan Technosystems, Inc., Kongsberg Geospatial, Lockheed Martin Corporation, NavAero, Inc., Northrop Grumman Corp., Raytheon Company, Searidge Technologies, Inc., Sierra Nevada Corporation, Siqura B. V., Telephonics Corp., and Thales Group among others.

The research report titled "Air Traffic Control (ATC) Equipment - Market Analysis, Trends, and Forecasts" announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, growth drivers, innovations and launches, and strategic industry activities various players. The report provides market estimates and projections in US$ Thousand for Air Traffic Control (ATC) Equipment for major geographic markets such as US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia, and Rest of Europe), Asia-Pacific (China, India, and Rest of Asia-Pacific), Latin America (Brazil, and Rest of Latin America), and Rest of World. Product Groups analyzed include Communications Equipment, Navigation Equipment, and Surveillance Equipment.

Global Industry Analysts, Inc. 6150 Hellyer Ave., San Jose CA 95138, USA, All Rights Reserved.

For enquiries e-mail us at rsd@strategyr.com or info411@strategyr.com.

For cutting edge analyst reviews on top industries

Follow us on Twitter; Connect with us on LinkedIn