Air Traffic Control (ATC) Market worth 56.07 Billion USD by 2022 Air Traffic Control (ATC) Market | Page 2

Air Traffic Control (ATC) Market worth 56.07 Billion USD by 2022
The report "Air Traffic Control (ATC) Market by Airspace (ATCSCC, ARTCC,
TRACON, ATCT, FSS), Application (Communication, Navigation, Surveillance,
Automation), Sector (Commercial, Defense), Investment Type, System, and Region
- Global Forecast to 2022", The air traffic control market is projected to grow from
USD 30.77 Billion in 2017 to USD 56.07 Billion by 2022, at a CAGR of 12.75% during the
forecast period.
Browse 146 Market Data Tables and 58 Figures spread through 310 Pages and in-
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The air traffic control market is projected to reach USD 56.07 Billion by 2022, at a CAGR
of 12.75% from 2017 to 2022. Factors such as modernization of Air Traffic Management
(ATM) infrastructure, increase in the number of airports in emerging economies, and
the need for efficient airspace management are anticipated to drive the growth of the air
traffic control market.
The ARTCC segment is projected to grow at the highest CAGR during the forecast
period
Based on airspace, the Air Route Traffic Control Center (ARTCC) segment of the air
traffic control market is projected to grow at the highest CAGR from 2017 to 2022. This
growth is mainly attributed to the modernization of airports as well as the upgrade of
ATC equipment.
The hardware systems segment is estimated to account for the largest share of
the air traffic control market in 2017
Based on system, the hardware systems segment is estimated to account for the largest
share of the air traffic control market in 2017. The Air Traffic Control (ATC) architecture
fundamentally depends on the hardware deployed on ground and in air.