Air Traffic Control Market List of Key Players in Global Forecast by 2027 Fortune Business Insights™
The global air traffic control market size is predicted to reach USD 9.45 billion by 2027, exhibiting a CAGR of 6.96% during the forecast period. The growing cybersecurity threats in air traffic management will impel the adoption of ATC systems, which in turn, will boost the market growth. The modernization of airline fleet in different parts around the world will spur opportunities for the market during the forecast period, states Fortune Business Insights in a report, titled “ Air Traffic Control Market Size, Share and Industry Analysis by Point of Sale (Hardware, Software, and Services), By Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Remote Tower (RT)), By Application (Communication, Navigation, Surveillance, and Automation), By Airport Size (Small, Medium, and Large), and Regional Forecast, 2020- 2027” The air traffic control market size stood at USD 8.90 billion in 2019 siz...