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Global Air Traffic Control (ATC) Market to Reach $13.5 Billion by 2027 at a CAGR of 8.4% - ResearchAndMarkets.com

Retrieved on: 
Wednesday, December 21, 2022

The Air traffic control (ATC) market is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 13.5 billion by 2027, at a CAGR of 8.4% from 2022 to 2027.

Key Points: 
  • The Air traffic control (ATC) market is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 13.5 billion by 2027, at a CAGR of 8.4% from 2022 to 2027.
  • Software and solutions: The dominating segment of the air traffic control (ATC) market, by the offering
    The Air Traffic Control (ATC) market has been segmented based on offering into hardware and software and solutions.
  • Automation: The fastest-growing and leading segment of the air traffic control (ATC) market, by application
    The air traffic management market is segmented based on application: communication, navigation, surveillance, and automation.
  • North American countries are awarding a number of contracts to major players of the air traffic control (ATC) market for the delivery of air traffic control (ATC) and related components, thus driving the growth of the air traffic control (ATC) market in the region.

Smart Airports Market worth $8.3 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 4, 2023

CHICAGO, Jan. 4, 2023 /PRNewswire/ -- The smart airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027 according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, Jan. 4, 2023 /PRNewswire/ -- The smart airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027 according to a new report by MarketsandMarkets™.
  • The growing demand for advanced smart solution to cater the increased demand of air-passenger footfall to drive the market.
  • Based on End Market, Upgrades & Service segment is projected to lead the smart airports market during the forecast period.
  • Based on airport size, the medium segment is projected to lead the smart airports market during the forecast period.

Smart Airports Market worth $8.3 Billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, January 4, 2023

CHICAGO, Jan. 4, 2023 /PRNewswire/ -- The smart airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027 according to a new report by MarketsandMarkets™.

Key Points: 
  • CHICAGO, Jan. 4, 2023 /PRNewswire/ -- The smart airports market size is projected to grow from USD 7.0 Billion in 2022 to USD 8.3 Billion by 2027, at a CAGR of 3.5% from 2022 to 2027 according to a new report by MarketsandMarkets™.
  • The growing demand for advanced smart solution to cater the increased demand of air-passenger footfall to drive the market.
  • Based on End Market, Upgrades & Service segment is projected to lead the smart airports market during the forecast period.
  • Based on airport size, the medium segment is projected to lead the smart airports market during the forecast period.

Air Traffic Management Market worth $11.8 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 4, 2022

These are the components of the database management systems, radar data compressor unit, incident management, data link server, communication recording and management, platforms and suits, capacity and demand balance manager, and network solutions.

Key Points: 
  • These are the components of the database management systems, radar data compressor unit, incident management, data link server, communication recording and management, platforms and suits, capacity and demand balance manager, and network solutions.
  • Increased use of database management systems for automation, upgradation of primary and secondary surveillance radars are some of the factors responsible for the growth of air traffic management market.
  • Thales Group (France), Raytheon Technologies Corporation (US), L3Harris Technologies, Inc. (US), Indra Sistemas, S.A. (Spain) and Saab AB (Sweden) are the key players in the global air traffic management market.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".

Air Traffic Management Market worth $11.8 billion by 2027 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, July 4, 2022

These are the components of the database management systems, radar data compressor unit, incident management, data link server, communication recording and management, platforms and suits, capacity and demand balance manager, and network solutions.

Key Points: 
  • These are the components of the database management systems, radar data compressor unit, incident management, data link server, communication recording and management, platforms and suits, capacity and demand balance manager, and network solutions.
  • Increased use of database management systems for automation, upgradation of primary and secondary surveillance radars are some of the factors responsible for the growth of air traffic management market.
  • Thales Group (France), Raytheon Technologies Corporation (US), L3Harris Technologies, Inc. (US), Indra Sistemas, S.A. (Spain) and Saab AB (Sweden) are the key players in the global air traffic management market.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".

Nexteon Technologies Completes First Commercial Aviation Cyberattack Detection Flight Test

Retrieved on: 
Monday, August 23, 2021

AMBLER, Pa., Aug. 23, 2021 /PRNewswire-PRWeb/ -- Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft.

Key Points: 
  • AMBLER, Pa., Aug. 23, 2021 /PRNewswire-PRWeb/ -- Nexteon Technologies, Inc., a leader in advanced aviation technologies, announced today that it has completed the first in-flight test simulating a cyberattack on an Automatic Dependent Surveillance-Broadcast (ADS-B)-equipped aircraft.
  • The flight test team worked in collaboration with the Federal Aviation Administration (FAA) under its Cooperative Research and Development Agreement (CRADA) with Nexteon.
  • "This has been an incredible success for Nexteon and a validation of the technology," said Rob Kaimowitz, Chief Executive Officer of Nexteon Technologies.
  • The Innovation Laboratory and DragoonITCN support Nexteon's flight tests by providing avionics and flight services, and advanced test equipment, respectively.