The competition among players in the global air traffic control equipment market has increased considerably in the last few years. The top three players – Harris Corp., Thales Group, and BAE Systems Plc – accounted for nearly 46% of the market in 2012. Companies are introducing new products and offering customized air traffic management solutions at reasonable cost, states a new report by Transparency Market Research (TMR). In order to manage the growing air traffic, traffic authorities are changing the way they operate and manufacturers are shifting their production base to emerging economies. Leading players are acquiring small scale companies. Case in point: Indra Sistemas along with Northrop Grumman, acquired Park Air Systems Norway. This acquisition helped Indra build up its portfolio in air traffic management systems.
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