Thursday 23 April 2015, Amsterdam
The new report, now available on ASDReports, recognizes the following companies as the key players in the Global Air Traffic Management and Control Market: Advanced Navigation & Positioning Corp., BAE Systems plc, Raytheon Co. and Thales SA.
Other Prominent Vendors in the market are: COMSOFT, Finavia, GECI Airports, Indra Navia, Harris, NAVCANatm, SkySoft-Air Traffic Management and Terma.
Commenting on the report, an analyst from the report's team said: “Emergence of satellite-based navigation ATC systems is an upcoming trend in this market. The shift from ground-based navigation ATC systems to satellite-based navigation ATC systems has increased safety and precision levels.”
According to the report, one of the major drivers of this market is the growth in airline traffic volume and congestion, which increases the need for global air traffic management and control systems.
Further, the report states that high cost of air traffic control systems is one of the major challenges that the market faces as it results in revenue fluctuations for air traffic management and control system manufacturers.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.