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Air Traffic Control (ATC) Market Size By Application, Industry Analysis Reports, Regional Outlook (North America, Europe, Asia Pacific, Middle East & Africa, And South America), Growth Potential, Price Trends, Competitive Market Shares & Forecast 2023 - 2030

ID : MRU_20548 | Date : Jan, 2023 | Pages : 186 | Region : Global

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Air Traffic Control. A service operated by the appropriate authority to promote the safe, orderly and expeditious flow of air traffic. Air Traffic Control Equipment is used for air traffic communication, navigation, and surveillance. It ensures safety and efficiency in the operation of aircraft, organizes the flow of air traffic, and helps to avoid collision of aircraft. ATC equipment enables air traffic controllers to communicate with the aircraft, provides navigational services, and monitors and manages the air traffic.
The key players are Lockheed Martin, Northrop Grumman, Thales, Raytheon, Harris, Indra, BAE Systems, Honeywell International Inc., Sierra Nevada Corp, Telephonics Corporation, Frequentis AG and so on.
In the U.S., there is an uncertain political environment with a new Administration and a new Congress. The U.S. continues to face substantial fiscal and economic hallenges, which affect funding for its discretionary and nondiscretionary budgets. Part I of the Budget Control Act of 2011 (Budget Control Act) provided for a reduction in planned defense budgets by at least $487 billion over a ten year period. Part II mandated substantial additional reductions, through a process known as \"sequestration,\" which took effect in March 2013.
On the technology, the Next Generation Air Transportation System, or NextGen, is the FAA-led modernization of America's air transportation system to make flying even safer, more efficient, and more predictable. NextGen isn\'t just a single program; it's made up of a series of initiatives designed to make the airspace system more efficient.

The Global Air Traffic Control (ATC) Market had reached xxx million USD with a CAGR xx from 2018-2022. Later on, it will go to xxx million USD in 2023 with a CAGR xx % from 2023 - 2030.

In the global Air Traffic Control (ATC) Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.

In Market segmentation by manufacturers, the report covers the following companies-

Lockheed Martin
Northrop Grumman
Thales
Raytheon
Harris
Indra
BAE Systems
Honeywell International
Sierra Nevada Corp
Telephonics Corporation
Frequentis AG

In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

In Market segmentation by types :

Communication System
Surveillance System
Navigation System
In Market segmentation by applications :

Defence
Commercial

The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Air Traffic Control (ATC) Market for the forecast period 2023 - 2030?
• What are the driving forces in the Air Traffic Control (ATC) Market for the forecast period 2023 - 2030?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Air Traffic Control (ATC) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?
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