ATC Market In Asia-Pacific Region To Grow At The Highest CAGR During The Forecast Period

By Ron Chen, Bureau Chief, Asia The Asia-Pacific region is estimated to account to rise at highest CAGR in forecast period from 2022 to 2027, owing to the expansion of various large airports along with the implementation of next-generation air traffic control (ATC) systems. For instance, according to the ACI World report, Global Outlook of Airport Capital Expenditure 2021, Asia Pacific comprises about US$ 1.3 trillion of needed 2021 to 2040 CAPEX, more than 50 per cent of the global CAPEX required. This reflects the swift passenger growth in the...

ATC Market Worth US$13.5 billion by 2027 – Exclusive Report By MarketsandMarkets™

By Emmanuel Oluebube, Senior Correspondent, UK The Air traffic control (ATC) market is estimated to be US$ 9.0 billion in 2022 and is projected to reach US$13.5 billion by 2027, at a CAGR of 8.4 per cent from 2022 to 2027, according to a new report by MarketsandMarkets™. Growth of this market can be attributed due to increase in air passenger traffic, as more aircraft use the same available airspace. The aviation industry is constantly changing due to the development of advanced technologies and increasing investments in airport infrastructure, which...

Network Probe Market Worth US$908 Million By 2027 – Exclusive Report By MarketsandMarkets™

The global Network Probe Market size is expected to grow from US$ 549 million in 2022 to US$ 908 million by 2027, at a CAGR of 10.6 per cent during the forecast period, according to a new report by MarketsandMarkets™. Enterprises are interested in network probe solutions and services as they provide wide range of benefits, including reduced CAPEX and OPEX, improved workforce productivity, and enhanced security. By end users, enterprises are expected to register the fastest growth rate during the forecast period. The Enterprises use network probes for bandwidth...
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