Air traffic is expected to be double in next 15 years. In current scenario, despite uncertain economic conditions, commercial aviation is experiencing continuous growth in aircraft movements.
Download Report Brochure @ http://www.marketsandmarkets.com/pdfdownload.asp?id=159216929
The increase in passenger traffic and aircraft movement has resulted into expansion of airports and construction of new airports to meet the future demand of air traffic. The airport construction and expansion needs advanced ATC equipment, as well as its sub-systems to handle increased aircraft movements more efficiently. Therefore, the construction of new airports and modernization of existing airports have been a real growth factor for the ATC equipment market. The restraints identified in this market include high cost and maintenance of the ATC equipment. The challenges faced by this market include lack of efficient operations at peak hours and lack of skilled labor.
This report also provides an in-depth insight on the key market and technological trends of this market. A porters five forces analysis of this market is incorporated in this report along with the opportunity analysis, based on the upcoming products and prospective growth regions for the ATC equipment market.
In this report, a complete geography-wise analysis of the Air Traffic Control Equipment Market is also projected, which includes product-level segmentations across North America, Europe, Asia-Pacific, the Middle-East, and the Rest of the World consisting of Latin America & Africa.
More Inquiry Speak to Analyst @ http://www.marketsandmarkets.com/speaktoanalyst.asp?id=159216929
This report also incorporates the competitive landscape of this market based on various developments, contracts, programs, and new product launches for the past three years. The global key market players engaged in manufacturing ATC equipment’s are highlighted in this report along with their product portfolio, recent developments, SWOT analysis, and market revenue analysis for the past three years.
The leading companies in the global Air Traffic Control equipment market covered in this report include Thales (France), Harris Corporation (U.S.), Indra Sistemas (Spain), Lockheed Martin (U.S.), Northrop Grumman (U.S.), and Raytheon (U.S.).
MarketsandMarkets is world’s No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.