Market Analysis Report Global Air Traffic Control (ATC) Market

Air Traffic Control (ATC) Market Expected to Reach
USD 3770 Million by 2023
Global Air Traffic Control Market report explores future trends for
supply, demand and market growth rate, market size, prices, trading,
competition and value chain as well as Key Players of the industry’s
information with forecast from 2019 to 2023.
Global Air Traffic Control Market Synopsis:
According to Market Analyst, The Global Air Traffic Control Market is expected to grow at an impressive
Compound Annual Growth Rate (CAGR) from 2019 to 2023.
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The Air Traffic Control (ATC) industry has also suffered a certain impact, but still maintained a relatively
optimistic growth, the past four years, Air Traffic Control (ATC) market size to maintain the average
annual growth rate of 1.82% from 3230 million $ in 2014 to 3410 million $ in 2018, Market analysts
believe that in the next few years, Air Traffic Control (ATC) market size will be further expanded, we
expect that by 2022, The market size of the Air Traffic Control (ATC) will reach 3770 million $.
According to Market study, Modernization of air traffic control system by adoption of technologically
advanced systems for efficient monitoring, precision fight path and directions is a major factor driving
growth of the global air traffic control market. Furthermore, Rising number of airports especially in
emerging economies is another factor fueling growth of the global air traffic control market.
The report consistently focuses on the competitive analysis of Air Traffic Control (ATC) market which
discloses top competitors involved in selling and marketing of market products.
Global Air Traffic Control Market has been segmented on the Basis of Airspace, Application, Sector,
System, And Region. On the Basis of Airspace, Air Traffic Control Market can be sub segmented into Air
Traffic Control System Command Center (ATCSCC), Air Route Traffic Control Center (ARTCC), Traffic
Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), Flight Service Station (FSS). the Air
Route Traffic Control Center (ARTCC) segment of the air traffic control market is projected to grow at
the highest CAGR from 2019 to 2023. This growth is mainly attributed to the modernization of airports
as well as the upgrade of ATC equipment.
Regionally, The air traffic control market in the Asia Pacific region is anticipated to grow at the highest
CAGR from 2019 to 2023. This growth is mainly attributed to the modernization of airport infrastructure,