Global Air Traffic Control (ATC) Market Insights, Size and Growth Forecast To 2027
Global Air Traffic Control (ATC) market likely to boosting due to rapid advances in technologies used in ATC systems and huge investments in settings up new airports in the Asia Pacific and the Middle East. The global air traffic control market size was valued USD 9.8 Billion in 2019 and projected to reach USD 15.27 Billion by 2027, registering a CAGR of 5.52%. The primarily attributed factors such as the introduction of an unmanned traffic management framework to manage unmanned aircraft vehicles and the growing adoption of satellite-based air traffic control systems. Additionally, the technological advancements in air traffic control and surge in demand for air travel due to its less time consuming and reliable air travel projected to boom the global air traffic control market in the future periods. Moreover, the rising investments in the aviation industry, coupled with technological advancements in ATC, such as data processing and communication technologies, will ...