DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/fpzvs3/global_air) has announced the addition of the "Global Air Traffic Management and Control Market 2014-2018" report to their offering.
The analysts forecast the Global Air Traffic Management and Control market to grow at a CAGR of 16.7% over the period 2013-2018
Air traffic management and control is a service provided by ground-based controllers who direct aircraft on the ground and through controlled airspace provide advisory services to aircraft in non-controlled airspace. The primary purpose of ATC worldwide is to prevent collisions, organize and expedite the flow of traffic, and provide information and other support for pilots. In some countries, ATC plays a security or defensive role, or is operated by the military.
To prevent collisions, ATC enforces traffic separation rules, which ensure each aircraft maintains a minimum amount of empty space around it at all times. Many aircraft have collision avoidance systems, which provide additional safety by warning pilots when other aircraft get too close.
Emergence of satellite-based navigation ATC systems is an upcoming trend in this market. The shift from ground-based navigation ATC systems to satellite-based navigation ATC systems has increased safety and precision levels.
According to the report, one of the major drivers of this market is the growth in airline traffic volume and congestion, which increases the need for global air traffic management and control systems.
Further, the report states that high cost of air traffic control systems is one of the major challenges that the market faces as it results in revenue fluctuations for air traffic management and control system manufacturers.
- Advanced Navigation & Positioning
- BAE Systems
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Market Landscape
- Market Segmentation by Product Type
- Market Segmentation by End-Users
- Geographical Segmentation
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/fpzvs3/global_air.