Published Date: 2020-02-24 | Pages: 111 | Tables: 141 | Report ID: 7432 | Industry: Machinery & Equipment | Format :
The global air traffic control market is expected to witness a high level of competition in future. Some of the leading players operating in the global air traffic control market are Lockheed Martin, Indra, Frequentis AG, Northrop Grumman, BAE Systems, Telephonics Corporation, Thales, Sierra Nevada Corp, Raytheon, Honeywell International, and Harris.
Digital Towers – The Future of Air Traffic Control and Air Traffic Management
The growing trend of digital air traffic control is predicted to make an important contribution to the rise of the global market. In February 2020, skeyes announced its decision to set up digital air traffic control towers at six airports in Belgium. The rising popularity of remote air traffic control tower could be another factor adding to the demand in the global market. Remote tower system can help with better surveillance, operational benefits, and safety margins. It also has lower construction cost compared to conventional air traffic control buildings. Naviair’s future remote tower systems control center at Denmark’s Billund Airport is expected to start controlling operations in 2022.
● Communication System
● Surveillance System
● Navigation System
The demand for communication system is expected to increase in the global air traffic control market. This could be due to the growing requirement for advanced communication equipment for air traffic control applications, especially for maintaining effective communication between air traffic control ground stations and pilots. The commercial application of air traffic control could show decent growth in future with increasing government focus on strengthening air traffic management and improving air navigation services. In February 2020, the Transport Committee from the Members of the European Parliament visited the air traffic control center at Belgium’s Brussels Airport to understand the practical working of air traffic management.
North America is predicted to collect a handsome share of the global air traffic control market as the demand for advanced air traffic management and modern air traffic control equipment continues to increase in the US and Canada. On the other hand, Asia Pacific could show quick growth in the global air traffic control market because of the rise in the number of free and fair trade agreements, the frequency of air travel, and reduced air fares. The demand for more sophisticated air traffic control may increase in the defense and security sector of some Asia Pacific countries such as India due to high threat of terrorism and cross-border military tensions.
Air Traffic Control Players Likely to Explore New Opportunities in Defense Sector
Air traffic control companies are anticipated to enter into merger and acquisition and strategic partnership deals to secure a strong position in the global market. NAVBLUE, a Canadian subsidiary of Airbus offering flight operations and air traffic management solutions, announced the acquisition of Aviolinx in February 2020. Players could also look to target the defense sector to win exclusive government deals. In 2019, the Hellenic Navy received the first modernized P-3 Orion maritime patrol aircraft from Lockheed Martin. According to Lockheed Martin, the P-3 Orion is used to assist in air traffic control support, besides for antisubmarine warfare, search and rescue, homeland security, and other applications.
The machinery and equipment sector is always undergoing changes with evolution in technology. Machinery and equipment include a wide range of products for various applications. Players are constantly striving to bring in innovation for efficiency and to remain relevant in the cutthroat competition. QYR Consulting brings to its readers reports ranging from heavy trucks to automated teller machines. These reports have been written after a careful analysis of the growth of the market over decades and by taking into account its trajectory.
The titles below discuss opportunities, threats, strengths, and restraints present in the machinery and equipment sector. Our dedicated team of analysts have compiled key statistics that define the trends so far and highlight the key areas of development. The collection of reports track the potential areas for investments and the upcoming trends, which could be the defining moments for the industry.
We are committed to delivering the best solutions and we offer a 24*7 helpline.
We promise superior quality of authenticated data.
We offer help and advice across varying time zones.
We boast a strong team of experienced analysts.
We have an exhaustive repository of published reports.
For Enquiry : email@example.com
We have the fastest report delivery service with excellent after-sales support
We provide a comprehensive and in-depth analysis in every report that we sell
We own large database which will help our clients to get customized and syndicated research reports
To offer you accurate data, our seasoned analysts will be available to assist you
NOTE - The analysis, thoughts, views, facts, and opinions expressed in this report are of the respective research analysts. QYR Consulting does not necessarily endorse it or it is also not essentially formal views of QYR Consulting.