Air Traffic Control Equipment Market Research Report: Information by Equipment Type (Communications Equipment, Navigation Equipment, Surveillance Equipment), by End-User (Commercial, Military), and by Region — Global Forecast till 2023
Air Traffic Control Equipment Market Scenario
The air traffic control equipment are chiefly used by the ground-based air traffic controllers to direct the private, military, and commercial aircraft on the ground, through a controlled airspace. The major purpose of the air-traffic control equipment are prevention of aircraft collisions, air-traffic flow management, and provision of support to the pilots.
Moreover, the passenger and air traffic has grown significantly, in the recent years. Owing to the huge passenger growth, there has been an increasing requirement of new aircraft by airlines to cater to the ever-increasing demand. For instance, in 2017, Airbus signed a contract worth USD 50 billion, with Indigo Partners to deliver 430 aircraft. It is considered to be one among the biggest deals in the history of commercial aviation. Furthermore, the new airlines are being established in almost every region to tap into the tremendous passenger demand. For instance, in 2017, more than 70 new airlines were established around the world. Hence, increase in passenger traffic and subsequent demand for new aircraft from existing as well as new airlines will positively affect the growth of the global air traffic control equipment market.
Of late, the government authorities of various countries have been supporting the development of new airports in order to handle the increasing air traffic. In addition, the airport officials along with the government authorities are aiming at the expansion of the infrastructure of the existing airports and redevelop them with the installation of smart technologies. Moreover, in the developed countries such as the US, the UK, and France, among others, and the emerging economies such as China, India, Indonesia, South Africa and Brazil, among others, the airport authorities are ensuring the installation of the advanced air traffic control equipment, in their airport premises. Furthermore, with the commercialization of satellite-based augmentation system (SBAS), the development satellite-based air traffic navigation equipment has also emerged as a lucrative opportunity for the market players. Currently, most countries are using the radar-based air-traffic navigation systems, which has a large refresh time, which can result in confusion and cause accidents. Therefore, the satellite-based air traffic control equipment are more reliable and are thus expected to replace the radar-based equipment in the forthcoming years.
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The global air traffic control equipment market has been segmented by equipment type, end-user, and region. Based on equipment type, the air traffic control equipment market is divided into communications equipment, navigation equipment, and surveillance equipment. In 2017, the surveillance equipment segment accounted for the largest market share and it is expected that the communications equipment segment would witness the fastest market growth, during the forecast period. Based on end-user, the air traffic control equipment market is divided into commercial and military. In 2017, the commercial segment accounted for the largest market share and it is also expected to witness the fastest market growth, during the forecast period.
Air Traffic Control Equipment Market Segmentation:
The global air traffic control equipment market has also been segmented into five regions, namely, North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. North America had the largest share of the market in 2017, which is significantly driven by the growing developments in the US and Canada. The sheer existence of major companies, such as Harris Corporation, ADb Safegate, Raytheon Company, and Searidge Technologies, results in the dominance of this region in the global market. Moreover, it is expected that approximately 10,000 aircraft would be in service in the region by 2035, which would create additional opportunities for these companies. Moreover, there have been various initiatives by US-based organizations, in line with the market. For example, the Federal Aviation Administration (FAA) has planned to transform the current radar-based air traffic control system to the Next Generation Air Transportation System (NextGen), a satellite-based system. Such developments would fuel the market growth. In addition, Asia-Pacific is expected to be the fastest-growing market for air traffic control equipment, during the forecast period, and it is expected to overtake North America and Europe, during the forecast period. The countries such as China, India, Japan, and South Korea, are currently focused on upgrading their airport infrastructure to accommodate the growing air traffic in these countries. Therefore, the global air traffic control equipment market is estimated to register a CAGR of approximately 6% during the forecast period of 2018 to 2023.
Air Traffic Control Equipment Market Key Players:
The key players in the global air traffic control equipment market are Harris Corporation (US), BAE Systems PLC (UK), Cobham (UK), Indra Sistemas (Spain), Thales Group (France), ADb Safegate (US), Searidge Technologies (Canada), Raytheon Company (US), Aeronav Inc. (Canada), and Aquila Air Traffic Management Services (UK).
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