Ground-based Air Traffic Control Market, which directs airplanes on the ground and through controlled airspace. ATC's main goal is to avoid crashes, organize and expedite air traffic flow, and give information and other support to pilots. During takeoff and landing at airports, an air traffic controller directs airplanes to maintain a safe distance from one another on the ground and in the sky. In addition, the controller assists aircraft during inclement weather to ensure minimal delays.
Recent Happenings:
BAE Systems plc announced in June 2019 that it would deliver Boeing's new carrier-based unmanned air refueling platform with the Vehicle Management Control System and the Identification Friend or Foe (IFF) System.
Raytheon Company and WEY Technology announced a collaboration in October 2019 to co-develop the Multi-platform ATC Re-hosting Solution, or MARS, a next-generation air traffic controller workstation.
Keyes, Belgium's Air Traffic Control Market agency, selected Saab Digital Air Traffic Solutions (SDATS) for a long-term framework deal for their Digital Tower program in August 2021.
Due to the modernization of airport infrastructure, which has led to an increase in the procurement of Air Traffic Control Market equipment to streamline aircraft operations, Asia Pacific held a dominant position in the global air traffic control market in 2020, accounting for 33.81 percent share in terms of volume, followed by Rest of World and Europe, respectively.
Drivers in the Global Air Traffic Control Market
During the projected period, the worldwide Air Traffic Control Market is expected to rise due to an increase in the number of flying travelers.
The number of passengers flying by plane has increased as urbanization and disposable income have increased. The International Civil Aviation Organization (ICAO) estimates that 4.3 billion passengers flew by plane in 2018, up from 2.9 billion in 2012. According to the same source, airline capacity increased by 4% around the world in 2012.
Global Air Traffic Control Market: Competitive Landscape
Key companies operating in the global air traffic control market are BAE Systems plc, Raytheon Company, Harris Corporation, Searidge Technologies Inc., Cobham Plc, Thales Group, NavAero Inc., Northrop Grumman Corp, Indra Sistemas S.A., and Lockheed Martin Corp.
0 Comments