Air Traffic Control Equipment Market Size 2019 Research Study
Trends, Analysis Covers Leading Manufacturers, Top Regions, and Forecast to 2024
“Air Traffic Control Equipment Market” report presents information of production, revenue, market share, and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. Air Traffic Control Equipment market report discovers diverse topics such as regional market scope, product-market various applications, market size according to a specific product, sales and revenue by region, manufacturing cost analysis, industrial chain, market effect factors analysis, market size forecast, and more.
- The market for air traffic control equipment is projected to grow with a CAGR of over 8% during the forecast period.
- – The growth in air traffic has been the main growth driver for the market. The increase is currently more in the Asia-Pacific region, where the number of passengers who travel by air is constantly increasing.
- – Increase in the number of airports in emerging economies and the need for efficient airspace management has forced airports and airlines to invest in air traffic control technologies.
- – As aircraft operators across the globe have realized the significance of improved Air Traffic Control (ATC) services, they are increasingly investing in the development of innovative air traffic control technology.
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