Key Players
The key players in the Global Air Traffic Control (ATC) Simulation & Training Market are International Air Transport Association (IATA) (Canada), Adacel Technologies Limited (Australia), Global ATS Ltd (UK), Edda Systems AS (Norway), NATS Limited (US), Advanced Simulation Technology inc. (US), Saab AB (Sweden), Tern Systems (Iceland), EIZO Corporation (US), and UFA (US).
Market Highlights
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 market growth.
The global air traffic control (ATC) simulation & training market 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.
Based on region, the global air traffic control (ATC) simulation & training market 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.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/air-traffic-control-simulation-training-market-8033