Air Traffic Control Equipment Market Size to grow by USD 2258.3 million between 2023-2027
According to a research report “ Air Traffic Control Equipment Market” by Type (Communication equipment, Navigation equipment, Others) Application (Commercial, Military, defense) Geography (North America, APAC, Europe, Middle East and Africa, South America)- Global Forecast to 2027 published by Technavio, the market size is estimated to grow by USD 2258.3 million, at a CAGR of 6.54% during the forecast period. The global air traffic control market is experiencing significant growth due to the increasing demand for air travel. According to the International Civil Aaviation Organization (ICAO), the worldwide air transportation network is projected to double in size by 2030, necessitating the need for advanced air traffic control equipment. By 2037, there will be approximately 63,220 aircraft in operation, necessitating a predicted requirement for around 40,000 new aircraft. Factors driving this growth include increasing air travel demand, infrastructure development, and technological advancements in air traffic control systems. Air traffic control equipment suppliers are poised to benefit from this trend, as they provide essential solutions for ensuring safe and efficient air traffic management.
Browse market data tables, figures, and in-depth TOC on “Air Traffic Control Equipment Market” by Type (Communication equipment, Navigation equipment, Others) Application (Commercial, Military, defense) Geography (North America, APAC, Europe, Middle East and Africa, South America) Global Forecast to 2027. Download Free Sample
By Type, the Communication equipment segment is projected to dominate the market size in 2024
The commercial segment dominates the global Air Traffic Control (ATC) equipment market in 2022, accounting for the largest market share. This segment caters to passenger and business jets or personal jets. The commercial aviation industry's expansion is fueled by factors such as increasing air traffic, growing number of air passengers, and technological advancements. Additionally, environmental concerns and the need for fuel-efficient aircraft are driving the demand for new-generation, eco-friendly aircraft, thereby boosting the market growth. The airline industry's focus on reducing carbon emissions is further propelling the replacement of old aircraft fleets with modern, fuel-efficient models.
By Application, Commercial segment is expected to hold the largest market size for the year 2024
The communication segment dominates the global Air Traffic Control (ATC) equipment market in 2022, accounting for a significant market share. This trend is attributed to substantial investments in advanced communication technology at airports to accommodate increasing air traffic and prioritize safe and dependable operations. Communication equipment facilitates ground and air-to-ground communication, enabling the exchange of avionics data for interoperability. Internationally recognized standards underpin communication systems' standard interface services and protocols. Modernized communication systems offer mobile services between aeronautical and aircraft stations, ensuring efficient and secure air traffic management.
North America is forecasted to hold the largest market size by region in 2024
The North American region dominates the global Air Traffic Control (ATC) equipment market in 2022, accounting for the largest market share. This trend is expected to persist throughout the forecast period, driven by the increasing air traffic in the region. The US and Canada are the primary contributors to the regional market growth, with their robust aviation infrastructure providing a solid foundation. The presence of technologically advanced aerospace companies in North America, catering to the demand for aircraft parts, systems, and components, significantly fuels the development of advanced ATC equipment in the region. Additionally, the surge in global demand for new aircraft has led to substantial investments in the aircraft manufacturing sector, channeling significant funds towards the development of ATC equipment and related technologies in North America.
The Air Traffic Control Equipment Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:
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Research Analysis Overview
The Air Traffic Control (ATC) Equipment Market is experiencing significant growth due to the expansion of international routes and the overhauling of existing airports, as well as the construction of new airports. With an increasing number of passengers and aircraft movements, safety requirements in both controlled and non-controlled airspace are becoming increasingly important. Airport Equipment Research is focusing on advanced technologies to enhance navigation, communication, and safety in ATC systems. In controlled airspace, Air Traffic Control Towers (ATCT) and Terminal Radar Approach Control (TRACON) facilities use advanced radar and communication systems to manage aircraft movements. In non-controlled airspace, the gradual process of implementing Automatic Dependent Surveillance-Broadcast (ADS-B) technology is improving safety and efficiency. Travel restrictions due to the pandemic have highlighted the need for reliable and efficient ATC systems to ensure the smooth flow of air traffic. Overall, the ATC Equipment Market is expected to continue its growth trajectory, driven by the increasing demand for safer and more efficient air traffic management systems. The market is expected to be driven by the need to manage the growing number of passengers and aircraft movements, particularly in international routes.
Market Research Overview
The Air Traffic Control (ATC) Equipment Market is witnessing significant growth due to the increasing number of airport construction projects and infrastructure developments worldwide. With the rise in air passenger traffic and aircraft traffic, the need for advanced communication equipment, voice communication systems, and efficient airspace management is becoming increasingly important. Aviation safety regulations and the reduction in airfares are also driving the air travel industry, leading to an increase in demand for ATC equipment. The market for ATC equipment includes runway surveillance systems, advanced communication equipment, and data-processing capabilities for large, medium, and small airports. Existing airports are undergoing overhauling to incorporate new technologies, while new airports are being constructed in emerging economies to cater to the growing air travel demand. The market covers both controlled and non-controlled airspace, with a focus on commercial aircraft and passenger safety requirements. The military & defense sector and aircraft manufacturers are also significant consumers of ATC equipment. The market is witnessing a gradual process of automation, microelectronics development, and software & solutions for efficient operations. Key players in the market include Delhi IGI Airport, Skye Air, and various aircraft manufacturers. Joint ventures and TRACONs are also playing a crucial role in efficient airspace management and ATCT services. The market is expected to grow at a steady pace in the coming years, driven by the increasing number of international routes and the need for efficient operations in developing economies.
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