The Global Aircraft Traffic Control Market is projected to reach a value of over USD 89.5 Billion by 2027 at a CAGR of around 11.6%.
Air traffic control is used to instruct aircraft route securely and systematically in the airspace. It is a system in which the controllers based on ground gives directions to the aircraft during the course of flight. The key service of air traffic control system is to save aircrafts from collision, to maintain the flow of traffic systematically, and to give relevant support to the pilot during the flight. Various devices are used in the system such as computers, radars and visual references for the communication purpose, to give in-detail weather details to the pilot and for any sudden route change of the aircraft.
Market Drivers:
Implementation of automatic devices in air traffic control system makes the operational activities more streamlined and secure. Numerous automated solutions are stationed in the system to provide more precise information to the controller, improves visual range at airports, and improves the quality of communication with pilots. The automatic efficient tools are also provided to the controllers for the purpose of navigation and surveillance which enhances the quality of data received and lessen the risk of collision.
Thus, growing demand for automation in air traffic control may contribute to the growth of the aircraft traffic control market during the forecast period.
The efficient use of airspace enhances the overall effectiveness of the process without increasing the burden on the ground staff or other stakeholders involved in the process. The incorporation of better airspace management practices helps in using the airspace more flexibly and ready for any emergency scenarios. It also helps in streamlined and combined management of the airspace with uninterrupted flow of information between all operational entities involved in the process.
Thus, increasing demand for efficient airspace management control may contribute to the growth of the aircraft traffic control market, during the forecast period.
Market Opportunity:
The technologies involved in the process of air traffic control are getting impacted with the growing adoption of digitalization across various industries. Remote virtual tower technology is one such scope of incorporating digital technology in the air traffic control system. The remote virtual tower technology enables air traffic controllers to function from any given center with the substantial use of devices such as high resolution cameras and real-time videos. Instead of windows which were present in the conventional towers a display wall is used in this technology. On this wall all the information of the route, weather, and additional information of automated overlays is displayed to the controller. The adoption of this technology may eliminate the requirement of the brick-and-mortar tower and improve the efficiency as one tower can operate for more than one airports which are not even in the vicinity of the tower.
Thus, remote virtual tower technology may assist in the growth of the aircraft traffic control market, during the forecast period.
The report on the aircraft traffic control market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
---|---|
Historical/Estimated/Forecasted Market Size Years |
2018-2027 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2027 (2020 estimated year, forecasted up to 2027) |
Measured Units |
Value (USD Million) |
Segments Included |
Component, Division, Aircraft Type, Application, and Region |
Regional Coverage |
North America, South America, Asia-Pacific, Europe, Middle East & Africa |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Aircraft Traffic Control Market, by Component
Aircraft Traffic Control Market, by Division
Aircraft Traffic Control Market, by Aircraft Type
Aircraft Traffic Control Market, by Application
Aircraft Traffic Control Market, by Region
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE AIRCRAFT Traffic control MARKET STUDY
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain
60+ MARKET TABLES AND 30+ FIGURES WILL BE INCLUDED IN THE STUDY