ATC Equipment Market Was Worth $4.45 Bn in 2018 and Expected to Continue Growing Throughout the Forecast Period

Air traffic control (ATC) is a fundamental aspect of the air transport sector. It is a service that is provided by ground based controllers who direct aircraft on the ground and through controlled airspace, as well as providing advisory services to aircraft in non-controlled airspace. One of the most important purposes of ATC across the globe is to prevent collisions between aircraft, organise and accelerate the flow of air traffic, and provide information and support for pilots.

The report analyst commented "Air traffic control is a crucial aspect of the overall air transport system, enabling the safe operation of aircraft. Due to the critical role this equipment plays, the outlook for this market is largely positive. Similarly, with global air traffic expected to increase, this equipment will continue to play a key role in the aviation sector."

Leading companies featured in the report who are involved in this market include COMSOFT, Copperchase Limited, Harris Corporation, Honeywell International Inc, Indra Sistemas SA, Lockheed Martin Corporation, NAV Canada, Northrop Grumman Corporation, Saab AB and Thales SA.

Source: ASDReports - Market Research
Date: Nov 26, 2018