Market overview:
Air traffic control (ATC) simulation & training market industry is projected to grow from USD 64.6 Billion in 2023 to USD 154.1 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 15.59% during the forecast period (2023 - 2030).
ATC simulation and training help in optimizing aircraft operations on the ground. The ATC technology witnessed various advancements in the past years which is a significant driving factor for the market growth. Moreover, the advancements have enabled existing ATC officers to renew their certifications according to new technologies and regulations which is expected to boost the Air traffic control simulation and training market development.
The air traffic control simulation and training market are normally collected using a metallic edge made of stirred steel, aluminium, and other amalgams and furnished with twofold walled boards for energy productivity. It comprises numerous ventilators for air supply and exhaust, warming and cooling curls, air channel chambers, sound attenuators, and dampers. It is associated with an intricate pipe framework inside the mid of the air handling system that moves the melded air across the floors and returns it to the centre for reconditioning.
Key Players:
The Air Traffic Control Simulation and Training Market forecast Trends incorporates North America is projected to hold the most imperative part of the general airplane industry during the figure period. In North America, the rising in-plane requests and supplies enable makers of plane landing pinion wheels to extend their business year on year.
The growing interest for business plane and the presence of a part of the principal players chipping away at the post, for instance, Collins Aerospace (US), Triumph pack (US), Parker Hannifin (US) and Crane Co. (US), are depended upon to drive the plane appearance gear market in North America.
International Air Transport Association (IATA) (Canada), Global ATS Ltd (UK), NATS Limited (US), Advanced Simulation Technology Inc. (US), Tern Systems (Iceland), Adacel Technologies Limited (Australia), Edda Systems AS (Norway), Saab AB (Sweden), EIZO Corporation (US),UFA (US).
Market Segmentation:
The global Air traffic control simulation and training market statistics is segmented on the basis of training module, component, application, and region.
Based on training module, the global air traffic control (ATC) simulation & training market has been segmented into communication systems, navigation systems, surveillance systems, and automation systems. The automation systems segment is expected to register the highest CAGR during the forecast period due to the increasing automation in the aviation industry. In addition to this, technologies such as machine learning and augmented reality are expected to contribute toward the growth of the segment.
Based on component, the global air traffic control (ATC) simulation & training market has been bifurcated into hardware and software.The software segment is estimated to contribute significantly toward the market growth due to THE increasing digitization in military and defense infrastructure. ATC software provides effective real-time data analysis during simulation exercises which is expected to drive the growth of the segment. Furthermore, technological advancements in ATC hardware requires efficient software to perform training exercises.
Based on application, the global air traffic control (ATC) simulation & training market has been classified as commercial and military. The military segment is expected to witness a higher CAGR during the forecast period due to increasing investments in military infrastructure across various regions. Moreover, various governments are acquiring defense fighter jets and reconnaissance aircraft which is expected to drive the growth of the segment.
Regional Analysis:
Based on region, the global air traffic control (ATC) simulation & training market forecast has been segmented into North America, Europe, Asia-Pacific, and the rest of the world. The market in North America accounted for the largest share and is expected to retain its position during the forecast period. The US is the major country that has been witnessing constant investments in research and development of ATC simulation and training technologies.
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