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Asia Pacific Air Traffic Equipment Market Experiencing Rapid Growth: companiesandmarkets.com

Dépèche transmise le 8 juin 2011 par Business Wire

Asia Pacific Air Traffic Equipment Market Experiencing Rapid Growth: companiesandmarkets.com

LONDON--(BUSINESS WIRE)--Asia Pacific countries are seeing a rapid increase in passenger and cargo air traffic, which has prompted significant growth and expansion in the region’s air traffic control equipment market, according to a new report available on companiesandmarkets.com. The report, entitled Asia Pacific Air Traffic Control Equipment Market, provides a comprehensive overview of the competitive landscape, including forecasting and analysis data by geography and segment.

Asia Pacific Air Traffic Control Equipment Market

http://www.companiesandmarkets.com/Market-Report/asia-pacific-air-traffic-control-equipment-market-560084.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2

Growth in passenger and cargo air traffic has seen the need for the Asia Pacific countries to significantly increase their investment in air traffic infrastructure development. The increase in traffic looks set to increase by up to 20% over the next 20 years, attributed in part to the proliferation of low fare carriers (LFCs).

Governments are building new airports and upgrading existing operations and facilities to ensure they meet with international regulations and standards. The region sees considerable aerospace congestion, enhancing demand for equipment for the air traffic control (ATC), air traffic management (ATM), and aeronautical information systems (AIS) sectors.

AIS is the fastest growing segment, anticipating growth of 14.6% during 2010-2016. The complex nature of air traffic technology means long delays (15-20 years) between development and adoption, therefore manufacturers tend to be tend to be large, integrated vertical organisations - key industry participants command over 50% of the Asia Pacific air traffic equipment market.

High technology costs restrict pace of development, as regions struggle to finance the initial investment. Qualified individuals are also sought after, as programme implementation requires highly experienced staff to ensure appropriate resource allocation, planning and management. This represents a potential opportunity for overseas companies with specialist ATC skills, particularly around communications systems - ground to air voice and data; surveillance - automatic dependent surveillance- broadcast (ADS-B), and multilateration radar; data networks; satellite navigation; flight management, and automation center systems.

The 88 page report includes in depth analysis of Australia, New Zealand, Japan, South Korea, Singapore, Mainland China, India, Macau SAR and Taiwan.

Report Details: http://www.companiesandmarkets.com/Market-Report/asia-pacific-air-traffic-control-equipment-market-560084.asp?prk=7c4ed5b510c1ffe12b50d9829eddaba2