The ground control station market is projected to grow from USD 2.62 Billion in 2016 to USD 5.25 Billion by 2022, at a CAGR of 12.54% from 2017 to 2022. The objective of this study is to analyze, define, describe, and forecast the ground control station market based on type, platform, system, services, and region.
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The report also focuses on the competitive landscape of this market by profiling companies based on their financial position, product portfolio, growth strategies, and analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as partnerships, mergers & acquisitions, new product developments, and Research & Development (R&D) activities in the ground control station market. The base year considered for this study is 2016 and the forecast period is from 2017 to 2022.
The research methodology used to estimate and forecast the ground control station market includes the study of data and revenue of key market players through secondary resources, such as annual reports, Federal Aviation Administration (FAA), International Air Transport Association (IATA), and Stockholm International Peace Research Institute (SIPRI). The bottom-up procedure was employed to arrive at the overall size of the ground control station market from the revenue of key market players. After arriving at the overall market size, the ground control station market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, executives, and engineers.
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