Published Date : Jun 01, 2016
Air traffic control equipment is a group of devices and technologies used to monitor and regulate the flow of air traffic. This is crucial in avoiding aviation disasters, since air traffic control units can maintain communications with aircraft and also monitor their position, radically reducing the chances of a navigation failure or a collision.
Global Air Traffic Control Equipment Market Boosted by Intensive Upgradation Efforts
One of the primary drivers of the global air traffic control equipment market is the intensive R&D undertaken by aircraft giants in order to enhance the precision of the equipment. A major industry trend in this regard is replacing ground-based air traffic control equipment with satellite-based equipment. Satellite-based air traffic control is more efficient and more precise than ground-based systems, which has driven its adoption in major airports around the world. Making air traffic control equipment safer is another major avenue pursued by aviation giants.
Governments in many countries around the world are actively undertaking upgrades in major airports in order to improve their aviation sector. The increasing adoption of smart infrastructure has also helped the global air traffic control equipment market.
Increasing Demand for Air Travel Propels Global Air Traffic Control Equipment Market
The global air traffic control equipment market is also driven by the increasing preference for air travel. While North America and Europe are well-established aviation hubs, the emerging market of Asia Pacific has added a new dimension to the demand for new aircraft. The increasing disposable incomes of consumers in Asia Pacific has allowed them to pick air travel over other transportation options, while the flourishing business environment in countries such as India, China, South Korea, and Japan has boosted business travel to and from the region.
The expected increase in air travel in Asia Pacific in the next two decades is likely to be the most influential driver for the global air traffic control equipment market.