Global Air Traffic Control (Atc) Market Status, Trends and COVID-19 Impact Report 2021, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Air Traffic Control (Atc) market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Digital Evidence Management market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region.
The global Air Traffic Control (ATC) market size was US$ 8.9 billion in 2021. The global Air Traffic Control (ATC) market is forecast to grow to US$ 14.1 billion by 2030 by growing at a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2022 to 2030.
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The research serves as a manual and road map for doing an exhaustive investigation of the worldwide Air Traffic Control (Atc), target market, rivalry, and other factors. The Air Traffic Control (Atc) market offers a quantitative analysis of the relevant industry. Quantitative research is data-driven and looks for pertinent patterns in data acquired from public records.
Air traffic control services are offered by ground-based air traffic controllers in order to ensure the safety of the aircraft, majorly during the take-off and landing operations.
Factors Influencing the Market
The Air Traffic Control (ATC) market is forecast to experience lucrative growth opportunities due to the rising tourism industry. Furthermore, the rising demand for enhancing passenger safety will also contribute to the growth of the Air Traffic Control (ATC) market during the study period.
Technological advancements and rising demand for the latest systems will also upsurge the demand for Air Traffic Control (ATC) during the study period.
Demand for advanced surface movement ground control systems, performance-based navigation, and advanced integrated automation systems is growing rapidly. Furthermore, the rapid adoption of standard instrument departures in air traffic control systems is expected to accelerate industry growth during the forecast period.
In addition to that, the increasing deployment of satellite-based air traffic control systems is expected to create lucrative opportunities for global market participants during the review period. On the contrary, fluctuating prices of raw material may limit the growth of the Air Traffic Control (ATC) market during the study period.
COVID-19 Impact Analysis
During the COVID-19 pandemic, the construction of new airports across the world stopped abruptly. It is majorly due to the rising cases of Covid-19 patients. Moreover, various countries have halted their international and domestic flights, which has affected the global market throughout the lockdown period. Furthermore, airport passenger traffic declined drastically, which impeded the growth of the global Air Traffic Control (ATC) market during the COVID-19 pandemic.
Regional Analysis
The Asia-Pacific Air Traffic Control (ATC) market is forecast to register a remarkable growth rate, owing to the growing technological advancements are rising population in the region. Furthermore, growing passenger traffic and rising demand for safety measures will also contribute to the growth of the Air Traffic Control (ATC) market during the study period. Furthermore, growing disposable income and favorable government policies to improve infrastructure will drive the Air Traffic Control (ATC) market forward during the study period.
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Competitors in the Market:
? Adacel Technologies Limited
? Frequentis Ag
? Indra Sistemas Sa
? Leonardo S.P.A
? Northrop Grumman Corporation
? Raytheon Technologies Corporation
? Saab Ab
? Skysoft-Atm
? Thales Group
? Other Prominent Players
Market Segmentation
The global Air Traffic Control (ATC) market segmentation focuses on Airspace, Application, Component, and Region.
By Airspace
? ARTIC
? TRACTION
? ACT
? RT
By Application
? Communication
? Navigation
? Surveillance
? Automation
By Component
? Hardware
? Software
? Services
Timeline Considered for Analysis:
2021: Base Year
2030: Estimated Year
2022 to 2030: Forecast Year
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By Regional Outlook
�?� North America
o The U.S.
o Canada
o Mexico
�?� Europe
Western Europe
o The UK
o Germany
o France
o Italy
o Spain
o Rest of Western Europe
Eastern Europe
o Poland
o Russia
o Rest of Eastern Europe
�?� Asia Pacific
o China
o India
o Japan
o Australia & New Zealand
o ASEAN
o Rest of Asia Pacific
�?� Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of MEA
�?� South America
o Brazil
o Argentina
o Rest of South America
This report answers the following key questions:
-How big is the market as a whole in 2021? What rate of market expansion is anticipated between 2022 to 2030?
-Which region would experience a high demand for goods in the years to come?
-What are the variables promoting the market’s expansion?
-Which sub-market will have the most impact on the market?
-What market opportunities exist for established and new players?
-What different short-term and long-term tactics have the market players adopted?
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