Global Air Traffic Management (ATM) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

“Global Air Traffic Management Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global air traffic management market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global air traffic management market report has been segmented on the basis of system, investment type, domain, end-use, airport class, and region.

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This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.

Overview:

Air traffic management consists of air traffic flow and capacity management, airspace management, air traffic services. This system assists aircrafts departure from airdrome, landing at destined aerodrome, and transit airspace. It is management process done before the flight takes place. Any aircraft using air traffic management or air traffic control system needs to send its flight plants of central repository. All the flight plans are flight into or out country or certain region are computed and analyzed. In air traffic management communication, navigation, surveillance, and tactical airspace management are used.

Dynamics:

Increasing airspace congestion, owing to growing air traffic is a major factor driving growth of the global air traffic management market. Increasing number of commercial aircrafts, owing to rising number of air travel passengers is a factor supporting growth of the global market. Growing number of airports, coupled with increasing network between airports and increasing use of air travel for travel and tourism are factors resulting into increasing demand for technologically advanced and efficient air traffic management system. Furthermore, upgradation of air traffic management infrastructure is another factor expected to boost growth of the global air traffic management market in the near future.

However, high cost associated with air traffic management systems is a factor that may hamper growth of the global air traffic management market. In addition, stringent regulations regarding air traffic management is another factor that could affect growth of the global market. Nevertheless, introduction of air traffic management for unmanned aircraft vehicles (UAVs) can create high revenue opportunities for players in the target market.

Segment Analysis:

On the basis of domain, the air traffic control segment dominates the global market in terms of revenue and anticipated to witness lucrative growth over the forecast period. On the basis of end-use, the communication is expected to witness high growth in terms of revenue in the near future, owing to for upcoming technologies such as digital voice aeronautical telecommunications network, voice recognition control, etc.

Regional Analysis:

Market in North America accounts for major share in terms of revenue and is expected to maintain its position over the forecast period. High number of commercial aircrafts and rising adoption of advanced technology are factors propelling growth of the target market in this region. Europe market is expected to account for second highest share in terms of revenue in the near future, followed by Asia Pacific.

Global Air traffic management Market Segmentation:

Segmentation by system:

• Software
• Hardware

Segmentation by investment type:

• Brownfield
• Greenfield

Segmentation by domain:

• Air Traffic Flow Management
• Air Traffic Control
• Aeronautical Information Management

Segmentation by end-use:

• Navigation
• Communication
• Automation & Simulation
• Surveillance

Segmentation by airport class:

• Class A
• Class B
• Class C
• Class D
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa