Dublin, Dec. 19, 2022 (GLOBE NEWSWIRE) -- The "Global Air Traffic Control (ATC) Market by Offering (Hardware, Software & Solutions), Investmet Type (Brownfield, and Greenfield), Airspace (ARTCC, TRACON, ATCT, and Remote Tower), Service, Application, Airport Size and Region - Forecast to 2027" report has been added to ResearchAndMarkets.com's offering. The Air traffic control (ATC) market is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 13.5 billion by 2027, at a CAGR of 8.4% from 2022 to 2027. Factors such as the rise in modernization of existing airport infrastructure, modernization programs of ATC towers for connectivity and mission support are driving factors assisting the growth of the air traffic control (ATC) market. The air traffic control (ATC) market includes major players such Thales Group (France), L3Harris Technologies, Inc. (US), and Saab AB (Sweden) are some of the leading companies in this market, among others. These players have spread their business across various countries includes North America, Europe, Asia Pacific, and Rest of the World. COVID-19 has affected the air traffic control (ATC) market growth to some extent, and this varies from country to country. Software and solutions: The dominating segment of the air traffic control (ATC) market, by the offering The Air Traffic Control (ATC) market has been segmented based on offering into hardware and software and solutions. The software and solutions segment is projected to grow during the forecast period as software and solutions are widely used in many different ways to carry out various data collection, transfer, and monitoring activities. Automation: The fastest-growing and leading segment of the air traffic control (ATC) market, by application The air traffic management market is segmented based on application: communication, navigation, surveillance, and automation. During the forecast period, the automation application is projected to witness the highest CAGR of XX% in the air traffic management market as Airports are undergoing digital transformation to effectively manage the consistently increasing number of passengers. North America: The largest contributing region in the air traffic control (ATC) market The air traffic control (ATC) market in the North American region has been studied for the US and Canada. North American countries are awarding a number of contracts to major players of the air traffic control (ATC) market for the delivery of air traffic control (ATC) and related components, thus driving the growth of the air traffic control (ATC) market in the region. Report AttributeDetailsNo. of Pages284Forecast Period2019 - 2025Estimated Market Value (USD) in 2019$9.3 billionForecasted Market Value (USD) by 2025$12.3 billionCompound Annual Growth Rate4.8%Regions CoveredGlobal Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends6.1 Introduction6.2 Ecosystem6.3 Single European Sky ATM Research (Sesar) Initiative6.4 Onesky Australia Program6.5 Advancements in Existing Technologies6.6 Innovation & Patent Registrations6.7 Impact of Megatrends 7 Air Traffic Control , by Airspace7.1 Introduction7.2 Artcc7.3 Tracon7.4 Air Traffic Control Tower (Atct)7.5 Remote Tower 8 Air Traffic Control, by Offering8.1 Introduction8.2 Hardware8.2.1 Radar8.2.2 Antennas8.2.3 Cameras8.2.4 Control Tower Consoles8.2.5 Display Systems8.2.6 Other Devices8.3 Software8.3.1 Communication Recoerding and Management8.3.2 Data Gathering and Alert Systems8.3.3 Incident Management8.3.4 Interfacing and Integration8.3.5 Platform & Suits8.4 Services8.4.1 Maintenance8.4.2 Air Navigation Servcie Providers (Ansp) 9 Air Traffic Control Market, by Application9.1 Introduction9.2 Communication9.2.1 Controller to Pilot Data Link Communications (Cpdlc)9.2.2 Very High Frequency (Vhf) Communication9.2.3 Automatic Terminal Information System (Atis)9.2.4 Voice Communication Control System (Vccs)9.3 Navigation9.3.1 Vhf Omni Directional Range (Vor)9.3.2 Distance Measuring Equipment (Dme)9.3.3 Tactical Air Navigation System (Tacan)9.3.4 Non-Directional Beacon (Ndb)9.3.5 Global Navigation Satellite System (Gnss)9.3.6 Precision Area Navigation (Prnav)9.4 Surveillance9.4.1 Automatic Dependent Surveillance - Broadcast (Ads-B)9.4.2 Air Traffic Control Radar Beacon System (Atcrb)9.4.3 Primary Surveillance Radar (Psr)9.4.4 Secondary Surveillance Radar (Ssr)9.5 Automation9.5.1 Arrival and Departure Data Manager9.5.2 Electronic Flight Strip (Efs)9.5.3 Itower Simulation System9.5.4 Surveillance Data Processing System (Sdps)9.5.5 Flight Data Processing System (Fdps)9.5.6 Itower Advance Automation Services9.5.7 Obstacle Surface Planner9.5.8 Automatic Warning Systems (Aws)9.5.9 Others 10 Air Traffic Control Market, by Airport Size10.1 Introduction10.3 Large10.4 Medium10.5 Small 11 Air Traffic Control Market, by Investment Type11.1 Introduction11.3 Greenfield11.4 Brownfield 12 Air Traffic Control, by Sector12.3 Commercial12.4 Military 13 Regional Analysis 14 Competitive Landscape 15 Company Profiles 16 Appendix Companies Mentioned Raytheon TechnologiesIndra Sistemas, S.A.L3Harris Technologies, IncThales GroupNorthrop Grumman CorporationHoneywell International, Inc.Saab AbBae Systems plc.Frequentis AgAdvanced Navigation and PositioningLockheed Martin CorporationIntelcan Technosystems Inc.Searidge TechnologiesAltys TechnologiesSaipher AtcLeidosCyrrus LimitedAdacel Technologies LimitedLeonardo S.P.AAcams Airport Tower SolutionsNav CanadaSkysoft-AtmArtisys S.R.OAquila Air Traffic Control Services LimitedSita Group For more information about this report visit https://www.researchandmarkets.com/r/7yps9w
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Air Traffic Control Market