- July 2020 |
- Aerospace and Defense / Defense
Global Air Traffic Control Market Size, By Airspace (Air Traffic Services, Flow Management, Airspace Management, Aeronautical Info Management), Component (Hardware, Software), End-Use (Commercial, Tactical), By Investment (Brownfield, Greenfield), By Region (North America, Europe, Asia Pacific, South America, and the Middle East & Africa), Trend Analysis, Market Competition Scenario & Outlook, 2020-2027
The Global Air Traffic Control Market was appraised at USD 8 billion in 2019 and is estimated to reach USD 10.1 billion by 2027, at a 3% CAGR of during the projection period. The increasing demand for the global Air Traffic Control Equipment market can be attributed to rising air traffic. Besides, the need for flexibility and seamless control over air traffic control systems plays a vital role in market growth. Conditions and rules stipulated by...