Air Traffic Control Equipment Market Value to Reach Beyond US$8 Bn by 2027

Market Research Reports, Business Consulting Services & Analytics

Air Traffic Control Equipment Market Industry Outlook – Forecast (2022-2027)

HYDERABAD, TELANGANA, INDIA, October 27, 2022 /EINPresswire.com/ — IndustryARC, in its newest report, predicts that Air Traffic Control Equipment Market measurement is forecast to attain US$ 8 Billion by 2027, at a CAGR of seven.0% throughout 2022-2027. Air site visitors management gear is utilized for communication, navigation, in addition to surveillance, so as to guarantee security and effectivity of plane operations, air site visitors circulation administration, alongside aiding within the avoidance of plane collisions. Due to elevated demand for brand new ground-based air site visitors controllers to direct the pilot to sign plane security, managed airspace, in addition to satisfactory floor site visitors operation, utilization of air site visitors management (ATC) know-how has been gaining large reputation, leading to its market development. The report presents a whole evaluation of the market, its main segments, development components, tendencies, drivers and challengers, key gamers and extra.

Click right here to browse the entire report abstract:
https://www.industryarc.com/Report/10615/air-traffic-control-equipment-market.html

Key Takeaways:

This IndustryARC report on the Air Traffic Control Equipment Market highlights the next areas –

• Simulator Devices section is anticipated to develop at a CAGR of 11.8% throughout the forecast interval 2022-2027, due to getting used extensively in air site visitors management providers for guaranteeing environment friendly and easy operations.

• The Commercial and Cargo Aircraft section is anticipated to develop at a CAGR of seven.5% throughout the forecast interval 2022-2027. Rapid restoration of the Commercial Aircraft sector is anticipated to improve the adoption of air site visitors management gear throughout 2022-2027.

• During the forecast interval, APAC is anticipated to develop on the quickest CAGR of 10.6%, owing to diverse components together with elevated plane manufacturing for growth of the business aviation trade.

Interested in figuring out extra related data? Click right here:
https://www.industryarc.com/pdfdownload.php?id=10615

Segmental Analysis:

• Simulator Devices section is anticipated to develop at a CAGR of 11.8% throughout the forecast interval 2022-2027. Air site visitors management providers make use of simulators extensively to guarantee environment friendly and easy operations.

• The Commercial and Cargo Aircraft section is anticipated to develop at a CAGR of seven.5% throughout the forecast interval 2022-2027. Due to elevated air site visitors, the speedy restoration of the business plane trade is anticipated to improve the adoption of air site visitors management know-how throughout the projection interval.

• During the forecast interval 2022-2027, APAC is anticipated to develop on the quickest CAGR of 10.6%. The outstanding rise of the business aviation trade, notably within the APAC area, has resulted in elevated plane manufacturing. In addition, the area is anticipated to produce roughly 40% of future plane.

Competitive Landscape:

The high 5 gamers within the Air Traffic Control Equipment Industry are –

1. Advanced Navigation & Positioning Corp
2. BAE Systems plc
3. Raytheon Technologies Corporation
4. Cobham Limited
5. L3 Harris Technologies, Inc.

Click on the next hyperlink to purchase the Air Traffic Control Equipment Market Report:
https://www.industryarc.com/reports/request-quote?id=10615

Why Choose IndustryARC?

IndustryARC is among the main market analysis and consulting companies on the planet. It produces over 500 distinctive market reviews yearly. If you might be in search of an in depth overview of a specific market, you possibly can merely join with the workforce at IndustryARC. You cannot solely purchase your most popular market report from the web site, but additionally get personalised help on particular reviews.

Related Reports:

A. Global Air Traffic Management Industry
https://www.industryarc.com/Research/Global-Air-Traffic-Management-Industry-Market-Research-513046

B. Flight Simulator Market
https://www.industryarc.com/Research/Flight-Simulator-Market-Research-503974

Venkat Reddy
IndustryARC
+1 614-588-8538
e mail us right here
Visit us on social media:
Twitter
LinkedIn