With the growth in air traffic worldwide in emerging technologies in air traffic management equipment, the market is projected to reach $3 billion by 2012, according to a new Global Industry Analysts, Inc report Air Traffic Control (ATC) Equipment: A Global Strategic Business Report. The report cites a rise in airline terrorism, the ever-increasing number of air passengers and flights, and the need to eliminate the alarming rise in flight delays, and provide safety, comfort and care to air passengers, as drivers for deployment. It also cites globalization and expanding commercial activities aiding growth in the global ATC market.
United States and Europe, together dominate the global air traffic control equipment market, with a combined share of 65.35 percent estimated in the year 2008. In United States, the ATC communications equipment market represents the largest product market accounting for an estimated share of 54.4 percent in 2008. In Europe, Germany ranks as the largest individual market for ATC equipment cornering a 22.2 percent share in 2008, followed by the United Kingdom, and France. In Europe, ATC navigation equipment market is expected to reach $242 million by the year 2015.