Air Traffic Control (ATC) Equipment Market Size – Expected To Grow In The Future

Air traffic control equipments are those tools that ensure the consistency, security and effectiveness of aeroplanes. They execute major functions in airports and are responsible for preventing aircrafts from colliding in air or on land. The worldwide air traffic control equipment market was predicted to have garnered revenue worth around USD 4, 160 million in 2014.

It is estimated to rise during the projected phase, at about 5 percent CAGR. The market is anticipated to achieve about USD 5, 519 million by the end of the said phase. Air traffic is estimated to increase doubly in the coming fifteen years. In present circumstances, inspite of indecisive fiscal conditions, commercial aviation is gaining wide momentum.

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Growing passengers and movement of aeroplanes have led to development of new airports and renovation of existing ones. This continual development and renovation is furthering the demand for the air traffic control equipment market. Some of the hindrances observed in this market include high safeguarding required for ATC equipments and their high costs.

The other hindrances include absence of capable labor and effective operations at peak hours. Some other factors driving the demand for the air traffic control equipment market include technological enhancements and demand for greater safety. Growing demand for travelling via air is also estimated to propel the market ahead.

The air traffic control equipment market is expected to witness good growth in the future ten years. Advancements in microelectronics have offered prospects for the further increase of the market. They are anticipated to drive the same over the projected phase. The air traffic control equipment market is fragmented into three categories. These are applications, products and geographical regions.

North America and Europe occupied a major share in the income of the market in 2013. The air traffic control equipment market of Asia Pacific is predicted to display prospects of high development. This is owing to increasing demand for effective infrastructure.

Air Traffic Control  Equipment Market Size

Information Source: Grand View Research


Off-Highway Vehicle (OHV) Telematics Market – Dominated By The Sectors Of Industries And Construction

The industrial and construction sectors accounted for the biggest share in 2013 in the worldwide off-highway vehicle (OHV) telematics market. The need from industries and construction for OHV telematics systems is predicted to expand significantly in the future.

The charter market of construction machinery is likely to rise by 2 percent in the coming five years. OHV telematics for agricultural machinery is also predicted to increase. This is due to rising consciousness about the former and its rising implementation in agriculture.

Of late, consciousness regarding OHV telematics has expanded radically. Disappointingly, its permeation rates in the off-highway vehicle (OHV) telematics market, has somewhat, not been profitable. This is owing to deficiency in guidance regarding its use.

Scarcity of explanations on return-on-investment for the proprietors of weighty equipment convoy and dearth in its stability are hampering the off-highway vehicle (OHV) telematics market. The Association Of Equipment Manufacturers and Association Of Equipment Management Professionals have started regulating OHV telematics.

They also offer required instructional classes to its potential clients. The difficulty of setting-up telematics for mixed convoys would also be catered to. This is owing to the collaboration of intermediary retailers with makers of original equipments in reference to the off-highway vehicle (OHV) telematics market.

Source: Grand View Research


Observation satellite ready to be used for commercial imagery

An Earth observation satellite, SPOT 7, which was launched in July this year and was built by Airbus, is now available for commercial use.

Together with its earlier variants ,SPOT 6, Pléiades 1A & 1B, TerraSAR-X and TanDEM-X, the new satellte allows Airbus Defence and Space to offer customers a full palette of satellite imagery data spanning multiple resolution and spectral wavelengths.

As SPOT 6 and SPOT 7 will be functioning as a couple, the overall acquisition capacity is boosted to six million square kilometers per day which is equivalent to the land mass of France.

This means that every day, every point on the globe can be viewed both in high-resolution by a SPOT satellite and in very high-resolution by a Pleiades satellite.

While the two couple satellites can cover wide areas with a resolution of 1.5m, Pleiades 1A and 1B focus on more targeted zones with a greater level of detail (50cm products). And for guaranteed monitoring, surface motion or for frequently cloud covered areas, TerraSAR-X and TanDEM-X can dependably acquire very high-resolution (from 0.25m to 40m products) and wide-area radar images independent of the weather conditions.

Airbus has established a new cooperation with the Azerbaijani satellite operator firm, Azercosmos, and it is expected that the two firms will be utilizing the satellites in a joint venture. The deal has been reported to be a long-term cooperation that will include transfer of ownership of the SPOT 7 satellite to Azercosmos, the provision of a ground segment for the exploitation of the satellite, and a training program for operational capacities development. It also encloses a commercial agreement related to the distribution of SPOT 6 and SPOT 7 data to respective customers of both parties.

Airbus Defence and Space will continue to provide full access to the SPOT 6 and 7 capacities and as it continues to deliver commercial satellite imagery service to its customers globally.