ATC Equipment Market is Expected to Arrive at USD 4,000 million by 2020


The Report Contains
Air Traffic Control (ATC) Equipment Market Size By , By Application (Commercial Aircraft, Private Aircraft, Military Aircraft), Product (Communications, Navigation, Surveillance) Competitive Analysis & Forecast To 2020

Industry Overview
Global air traffic control equipment market size is anticipated to reach USD 4,000 million by 2020, growing at 4.2% up to 2020. Increasing air traffic coupled with development of new airports with advanced facilities is expected to drive demand growth over the next six years.

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Increasing price sensitivity among customers with introduction of low fare airlines is driving the global demand. Airlines also opt for programs in which they offer cheap fares for a limited period. Time saved through air travel is also expected to boost industry growth. For instance, business executives prefer saving travel time when going for meetings and conferences. Increasing disposable income in developing economies leads to rising preference for air travel. Rise in wireless connectivity and availability of air travel bookings online has made the method very simple, which significantly contributes to air traffic control equipment market growth.

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Increasing construction of new airports owing to increasing traffic and enhanced connectivity is expected to fuel air traffic control equipment market growth. Replacement of control systems in existing airports with updated equipment to increase the efficiency of the overall system is also expected to favor demand. Most controllers guide the aircraft using radar-based display screens and communicate through radio signals to the aircraft. New technologies such as IP-based communication system and infrastructure deployed in new airports are expected to increase the efficiency and accuracy of the overall system. In addition, increasing government initiatives for overall infrastructure development is also leading to construction of new airports majorly in countries such as India and China.

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