Global Surveillance Air Traffic Control Equipment Market, By Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT) and Remote Tower (RT)), Application (Primary Surveillance Radar (PSR), Automatic Dependent Surveillance-Broadcast (ADS-B) Ground Station, Wide Area Multi-lateration (WAM) and Secondary Surveillance Radar (SSR)), Offering (Hardware, Software, Solutions, Services), Investment Type (Brownfield and Greenfield), Airport Size (Small, Medium, Large), End User (Commercial, Defense) – Industry Trends and Forecast to 2029.
Surveillance Air Traffic Control Equipment Market Analysis and Size
Increased aircraft control, movement and passenger and freight traffic have resulted in high demands of the surveillance air traffic control equipment. These factors have also initiated the construction of new airports and overhaul to increase their capacity. Airport expansion and modernization require the deployment of air traffic control equipment and its sub-systems, which is expected to boost market growth
Global surveillance air traffic control equipment market was valued at USD 8.41 billion in 2021 and is expected to reach USD 14.02 billion by 2029, registering a CAGR of 6.60% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Surveillance Air Traffic Control Equipment Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2022 to 2029
|
|
Base Year
|
2021
|
|
Historic Years
|
2020 (Customizable to 2014 - 2019)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Deploy Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT) and Remote Tower (RT)), Application (Primary Surveillance Radar (PSR), Automatic Dependent Surveillance-Broadcast (ADS-B) Ground Station, Wide Area Multi-lateration (WAM) and Secondary Surveillance Radar (SSR)), Offering (Hardware, Software, Solutions, Services), Investment Type (Brownfield and Greenfield), Airport Size (Small, Medium, Large), End User (Commercial, Defense)
|
|
Countries Covered
|
U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
|
|
Market Players Covered
|
Thales (France), Raytheon Technologies Corporation (U.S.), Indra Sistemas (Spain), L3Harris Technologies, Inc. (U.S.), Honeywell International, Inc. (U.S.), ALTYS Technologies (France), BAE Systems. (U.K.), Adacel (Australia), Nav Canada (Canada), ConVi GmbH. (Germany), Aeronav Inc. (Canada), ARTISYS, s.r.o. (Germany), Easat Radar Systems Limited. (U.K.), Intelcan Technosystems Inc. (Canada), General Dynamics Mission Systems, Inc. (U.S.), NEC Corporation (Japan)
|
|
Market Opportunities
|
|
Market Definition
Air traffic control is the service that efficiently and effectively helps in managing the air traffic to ensure the safety of the aircraft and the passengers. The surveillance equipment refers to the equipment that is used to deliver ground-based air traffic controllers to undertake surveillance operations.
Global Surveillance Air Traffic Control Equipment Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rising growth and profits
The growing demand over various end users such as original equipment manufacturers and others is the primary factor for the growth of the market over the forecasted period. The adoption of the surveillance air traffic control equipment have resulted in large profit drives for the market as it have reduced production and management costs and across the areas such as fuel needs and baggage costs. The systems evaluate the quantity of fuel needed with the data analytics and generation of the flight or the aircraft. These factors are driving the growth of the surveillance air traffic control equipment market over the forecasted period.
- Rise in the air travellers population
The rising population of air travelers across the globe is an important factor driving the market's growth over the forecasted period. The growing preference by passengers for air traveling have demanded for aviation analytics tools over the recent years. This factors is diving the growth of the market over the forecasted period.
Opportunities
- Advancements and Development
The generation of large volumes of data has led to the rising adoption of the big data analytics for the management of large volumes off important data. Advanced technologies such as artificial intelligence, machine learning, big data, and block chain are being used in order to manage and process the generated data. The use of these technologies worldwide is rising due to their expanding use across numerous end users. All these factors are creating certain lucrative growth opportunities for the market over the forecasted period.
Restraints/Challenges
- Requirement of diverse data modelling
One of the barriers to market expansion is the requirement of enhanced data modelling techniques. The high cost associated with manufacturing and production further increases the overall cost of aircrafts, hindering market growth.
- Lack of analytical skills
The lack of appropriate analytical skills required to secure enhanced management and technical facilities is creating hindrance for the market over the forecasted period. This factor is projected to pose as a challenge for the surveillance air traffic control equipment market over the forecast period.
This surveillance air traffic control equipment market 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 the surveillance 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 Surveillance Air Traffic Control Equipment Market Scope
The surveillance air traffic control equipment market is segmented on the basis of airspace, application, offering, investment type, airport size and end user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Airspace
- Air Route Traffic Control Centers (ARTCC)
- Terminal Radar Approach Control (TRACON)
- Air Traffic Control Tower (ATCT)
- Remote Tower (RT)
Application
- Primary Surveillance Radar (PSR)
- Automatic Dependent Surveillance-Broadcast (ADS-B) Ground Station
- Wide Area Multi-lateration (WAM)
- Secondary Surveillance Radar (SSR)
Offering
Investment Type
- Brownfield
- Greenfield
Airport Size
- Small
- Medium
- Large
End User
- Commercial
- Defense
Surveillance Air Traffic Control Equipment Market Regional Analysis/Insights
The surveillance air traffic control equipment market is analyzed and market size insights and trends are provided by airspace, application, offering, investment type, airport size and end user as referenced above.
The countries covered in the surveillance air traffic control equipment market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the surveillance air traffic control equipment market because of the increased government efforts pertaining to securing air traffic and aircraft within the region.
Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the increasing population in cities within the region. Moreover, the rising construction of modern airports will boost the growth of the market.
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 Surveillance Air Traffic Control Equipment Market Share Analysis
The surveillance 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, global presence, production sites and facilities, production capacities, 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 surveillance air traffic control equipment market.
Some of the major players operating in the surveillance air traffic control equipment market are
- Thales (France)
- Raytheon Technologies Corporation (U.S.)
- Indra Sistemas (Spain)
- L3Harris Technologies, Inc. (U.S.)
- Honeywell International, Inc. (U.S.)
- ALTYS Technologies (France)
- BAE Systems. (U.K.)
- Adacel (Australia)
- Nav Canada (Canada)
- ConVi GmbH. (Germany)
- Aeronav Inc. (Canada)
- ARTISYS, s.r.o. (Germany)
- Easat Radar Systems Limited. (U.K.)
- Intelcan Technosystems Inc. (Canada)
- General Dynamics Mission Systems, Inc. (U.S.)
- NEC Corporation (Japan)
Research Methodology: Global Surveillance Air Traffic Control Equipment Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.
SKU-