ReportBuyer has released a Visiongain report that predicts the market for air traffic control equipment would see increased demand and encounter regulatory challenges, resulting in moderate growth for the market through 2024.
The “Air Traffic Control Equipment Market Forecast 2014-2024 Report” notes that climbing demand for air travel will drive market growth as the aviation industry works to keep the airspace safe and efficient through equipment upgrades, ReportBuyer said Monday.
Technologies such as satellite-based systems have bolstered airspace coverage and navigation capabilities for air traffic controllers, the company added.
The Visiongain report also includes an analysis of the market landscape and developments over the next 10 years.