Global Navigation Air Traffic Control Equipment Market, By Device Type (Proximity Devices, Information System Devices, Radar Devices, Simulator Devices, Safety and Navigational Devices), Airport Type (Brownfield, Greenfield), End User (Commercial Aircraft, Private Aircraft, Military Aircraft), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Navigation Air Traffic Control Equipment Market
Navigation air traffic control equipment market size is expected to grow at a compound annual growth rate of 6.90% in the forecast period of 2021 to 2028. Data Bridge Market Research report on navigation air traffic control equipment provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
The rapid increase in air traffic will subsequently result in the amplified demand for air traffic control equipment which has been directly influencing the growth of navigation air traffic control equipment market over the forecast period of 2021 to 2028. Also the growing need for construction of new airports along with high growth and modernization of the existing ones to address growing passenger and freight traffic are also flourishing the growth of the navigation air traffic control equipment market. Also the deployment of automation in the air traffic control equipment is also positively impacting the growth of the market. Furthermore, the rapid urbanization, increasing population, rising disposable incomes and increase in the standard of living associated with the significant improvements in commercial aspects of controlling equipment are also lifting the growth of the navigation air traffic control equipment market. The major factors that determine the growth of the navigation air traffic control equipment market is the growing need for better airspace management.
However, the huge increase in cyber threats and high cost coupled with air traffic control equipments are acting as the major limitations for the growth of navigation air traffic control equipment in the above mentioned forecasted period, whereas the dearth of skilled workforce and improving existing fleet to facilitate the use of advanced technologies in air traffic management have the potential to challenge the navigation air traffic control equipment market growth in the forecast period of 2021 to 2028.
Likewise, the introduction of unmanned traffic management framework to administer unmanned aircraft vehicles as well as the growing need for optimization of air traffic control and high adoption of satellite-based air traffic control systems will further cater ample new opportunities that will lead to the growth of the navigation air traffic control equipment market in the above mentioned forecasted period.
This navigation air traffic control equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on navigation air traffic control equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Navigation Air Traffic Control Equipment Market Scope and Market Size
Navigation air traffic control equipment market is segmented on the basis of device type, airport type and end user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of device type, the navigation air traffic control equipment market is segmented into proximity devices, information system devices, radar devices, simulator devices and safety and navigational devices.
- Based on airport type, the navigation air traffic control equipment market is segmented into brownfield and greenfield.
- The end user segment of the navigation air traffic control equipment market is segmented into commercial aircraft, private aircraft and military aircraft.
Navigation Air Traffic Control Equipment Market Country Level Analysis
Navigation air traffic control equipment market is analyzed and market size, volume information is provided by country, device type, airport type and end user as referenced above.
The countries covered in the navigation air traffic control equipment market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA)as a part of Middle East and Africa (MEA).
North America leads the navigation air traffic control equipment market due to the rapidly increasing developments in the US and Canada within the region. Asia-Pacific is expected to expand at a significant growth rate of over the forecast period of 2021 to 2028 due to the rising focus on upgrading their airport infrastructure to lodge the increasing air traffic in the emerging countries such as India, China, Japan and South Korea within this region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Navigation Air Traffic Control Equipment Market Share Analysis
Navigation air traffic control equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, regional presence, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to navigation air traffic control equipment market.
The major players covered in the navigation air traffic control equipment market report are Thales Group, Raytheon Company, Indra Sistemas SA, L3Harris Technologies, Inc., Honeywell International, Inc., ALTYS Technologies, BAE Systems, Adacel Technologies Limited, NAV CANADA, ConVi GmbH, Aeronav Inc., ARTISYS s.r.o, Easat Radar Systems Limited, Intelcan Technosystems Inc., Kutta Technologies, Inc., General Dynamics Mission Systems, Inc., NEC Corporation, Leonardo s.P.a., Northrop Grumman Corporation, and Lockheed Martin Corporation, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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