Our 573-page report provides 353 tables and 384 charts/graphs. Read on to discover the most lucrative areas in the industry and the future market prospects. Our new study lets you assess forecasted sales at overall world market and regional level. See financial results, trends, opportunities, and revenue predictions. Much opportunity remains in this growing Air Traffic Control Equipment Market. See how to exploit the opportunities.
The Air Traffic Control Equipment Market Dynamics
- Increasing Number of Airports Globally
- Rising Passenger Volume and Cargo Movements
- Importance of Air Traffic Control Industry
- High Cost Associated with Air Traffic Control Equipment
- Shortage of Skilled Workforce is Expected to Hinder the Market Growth
- Cyber Security Challenges in Air Traffic Control Equipment Industry
- Enhancing Air Traffic Management Infrastructure
- Development of Remote and Digital Towers
- Improved Safety and Situational Awareness with Air Traffic Control Equipment
Increasing Number of Airports Globally
There are numerous airport construction projects around the world, funded by public or private sectors (or both) that should be completed within the next few years. In Europe, the USD 7.3 billion Berlin Brandenburg Airport, which was scheduled to open in October 2020, is delayed due to COVID-19 pandemic.
Rising Passenger Volume and Cargo Movements
According to The International Air Transport Association, the global aviation sector generated nearly US$ x billion in revenues in 2020, up from only US$ x billion in 2011. Airline passenger numbers are projected to rise at a compound annual growth rate (CAGR) of x per cent between 2019 and 2038.
Forecasts to 2031 and other analyses reveal the commercial prospects
- In addition to revenue forecasting to 2031, our new study provides you with recent results, growth rates, and market shares.
- You find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges)
- Product profiles and commercial developments.
- Leading companies operating in this industry.
Discover sales predictions for the world market and submarkets
Air Traffic Control Equipment Market by Product
- Communications Equipment
- Navigation Equipment
- Surveillance Equipment
Air Traffic Control Equipment Market by Application
Air Traffic Control Equipment Market by Airspace
- Remote Tower
Air Traffic Control Equipment Market by Offering
The report also includes profiles and for some of the leading companies in the Air Traffic Control Equipment Market, with a focus on this segment of these companies’ operations.