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Air Traffic Management Market

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Air Traffic Control Equipment Market
Air Traffic Management Market Research Report - Global Forecast till 2023
Air Traffic Management
Market Research Report Global Forecast till 2023
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Copyright © 2017 Market Research Future.
Air Traffic Management Market Research Report - Global Forecast till 2023
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Copyright © 2017 Market Research Future.
Air Traffic Management Market Research Report - Global Forecast till 2023
The Global Air Traffic Management Market is estimated to register a CAGR of approximately 9% during the forecast period
of 2018 to 2023
ATM systems are used to direct aircraft to land at specific places, maintain optimal height during travel, and
ensure passenger safety. They include communication, navigation, surveillance, and automation and
simulation systems.
A focus on the modernization of airports in developing countries is primarily driving the growth of the market.
Increased air traffic congestion and the development of new airports to cater to the rising number of air
travelers are also contributing to market growth. However, a lack of a skilled workforce is a key restraint for
market growth.
The global air traffic management market has been segmented, based on region, into North America, Europe,
Asia-Pacific, the Middle East & Africa, and Latin America.
The market in North America is estimated to be the largest during the forecast period. The implementation of
the latest ATM technologies to make air travel safer and efficient is driving market growth in the region.
Initiatives such as the Next Generation Air Transportation System Program by the US FAA and Collaborative
Initiatives for Emissions Reductions by Nav Canada are expected to lead to the modernization of airports with
advanced ATM technologies, thereby driving the growth of the market in North America.
The market in Asia-Pacific is projected to be the fastest-growing during the forecast period due to the
modernization of airports in the region. Additionally, the development of new airports and a growing number
of air passengers will positively impact market growth. The leading country-level markets are China and India.
According to a study conducted by Eurocontrol, the European organization for the safety of air navigation, the
European aviation market is becoming mature and, by 2035, it is expected that the number of flights will
increase by 50% as compared to 2012. Congestion is expected to be a major issue and, by 2035, more than
20 airports in the EU would be running at, or close to, full capacity compared to just three in 2012. Hence, to
manage the growing passenger traffic, European airports are focusing on modernizing infrastructure. This
will directly influence the growth of the global air traffic management market in the region.
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Copyright © 2017 Market Research Future.
Air Traffic Management Market Research Report - Global Forecast till 2023
In the Middle East & Africa, airports such as the Abu Dhabi International Airport are investing in upgrading
ATM capabilities to better serve the increasing number of tourists visiting the country. Similarly, in Latin
America, countries such as Brazil and Argentina are constructing new airports to meet the growing passenger
traffic. These initiatives will result in market growth in the respective regions.
This study provides an overview of the global air traffic management market, tracking four market segments
across five regions. The report studies the key players, providing a five-year annual trend analysis that
highlights market size, volume, and share in North America, Europe, Asia-Pacific, the Middle East & Africa, and
Latin America. The report also provides a forecast, focusing on the market opportunities for the next five
years in each region. The study segments the global air traffic management market by type, component,
airport type, system, and region.
Type
•
Air Traffic Control (ATC)
•
Air Traffic Flow Management (ATFM)
•
Aeronautical Information Management (AIM)
Component
•
Hardware
•
Software
Airport Type
•
Greenfield
•
Brownfield
System
•
Communication
•
Navigation
•
Surveillance
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Copyright © 2017 Market Research Future.
Air Traffic Management Market Research Report - Global Forecast till 2023
•
Automation & Simulation
By Region
•
North America
•
Europe
•
Asia-Pacific
•
Middle East & Africa
•
Latin America
The key players in the global air traffic management market are Frequentis Comsoft GmbH (Germany), BAE
Systems (UK), Saab AB (Sweden), Honeywell International Inc. (US), Northrop Grumman Corporation (US),
Harris Corporation (US), Indra Sistemas, SA (Spain), Raytheon Company (US), Thales Group (France), and
ANPC (US)
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Air Traffic Management Market Research Report - Global Forecast till 2023
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