Global Air Traffic Control Market Insights, Business Analysis and Key Companies in Industry Till 2027

The growing cybersecurity threats in air traffic management will impel the adoption of ATC systems, which in turn, will boost the market growth.The modernization of airline fleet in different parts around the world will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “Air Traffic Control Market Size, Share and Industry Analysis by Point of Sale (Hardware, Software, and Services), By Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON) , Air Traffic Control Tower (ATCT), and Remote Tower (RT)), By Application (Communication, Navigation, Surveillance, and Automation), By Airport Size (Small, Medium, and Large), and Regional Forecast, 2020-2027” the market size stood at USD 8.90 billion in 2019. The global air traffic control market size is predicted to reach USD 9.45 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period.

The emergence of COVID-19 has brought the world to a standstill.We understand that this health crisis has brought an unprecedented impact on businesses across industries.However, this too shall pass.Rising support from governments and several companies can help in the fight against This highly contagious disease.There are some industries that are struggling and some are thriving.Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Get Sample PDF Brochure with Impact of COVID-19 Analysis: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/air-traffic-control-atc-market-102957

Key Development:

December 2019 – Serco Group plc had a partnership with the Ministry of Transport for the extension of its Air Traffic Control Services, to continue providing support for the General Company for Air Navigation Services (GCANS) at Baghdad Airport.

December 2018 – Saab Digital Air Traffic Solutions (SDATS) signed a 20-year framework agreement with ATC, the Netherlands, for remote tower systems.This long term agreement for modernization of ATC units.

The Report Lists the Key Companies in the Air Traffic Control Market:

BAE Systems (The US)
Cyrrus Limited (The UK)
Indra Sistemas, SA (Japan)
Honeywell International Inc. (The US)
L3Harris Technologies Inc. (The US)
Raytheon Technologies (The US)
Saab AB (Sweden)
Leonardo SpA (Italy )
Thales Group (France)
Westminister Group Plc. (The UK)