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Air Traffic Control Market Industry Growth, Business Demand and Competitive Outlook
Air Traffic Control Market Industry Growth, Business Demand and Competitive Outlook
Air travel is regarded as the safest mode of transportation when compared to all other modes of transportation. Furthermore, the global increase in population is expected to create demand for additional airports to facilitate east-west air transportation, which is driving the growth of the air traffic control market.

 The cost of air traffic control systems is prohibitively expensive. Air Navigation Service Providers (ANSP) provide ATC systems, which are sometimes charged to passengers. Furthermore, due to the incorporation of various technologies in ATC, upgrading these technologies entails significant costs. Furthermore, identifying future ATC system requirements and installing facilities to meet those requirements takes a significant amount of time. As a result, these factors are expected to limit the global air traffic control market's growth during the forecast period.

  ATC systems must adhere to a number of stringent regulatory standards. Although there are global standards, certain countries and their respective authorities may impose additional regulations, making it difficult.

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Source:

 

https://www.coherentmarketinsights.com/market-insight/air-traffic-control-market-4782