Global Air Traffic Management  market is forecasted to grow at a CAGR of 18.2% during the period 2018-2025

“Global Air Traffic Management Market by Manufacturers, Regions, Type and Application” highlights key dynamics of Air Traffic Management sector. The potentiality of this sector has been examined along with the significant challenges and growth opportunities. The present market scenario and future predictions of the sector has also been studied in-depth in this report. The report also provides the key market players that are assessed on numerous parameters such as manufacturer’s summary, revenue generation, product portfolio, and sales analysis of Air Traffic Management segment in the forecast period. Also, this report involves major market drivers and restraints of the given market.

Get a sample of report@ https://www.qyresearchgroups.com/request-sample/719018

According to Statistics MRC, the Global Air Traffic Management (ATM) market is expected to grow from $87.4 billion in 2018 to reach $195.55 billion by 2025 with a CAGR of 18.2%.

Growing air traffic, development of new airports infrastructure, introduction of new aircrafts and modernization of ATM infrastructure are the factors driving the market. However, high cost associated with ATM systems and stringent regulatory norms may hinder the market growth. Growth in emerging economies is the major opportunity for vendors in Air Traffic Management (ATM) market.

The Air Traffic Management (ATM) Market need for efficient, globally harmonized, and interoperable air traffic management arises due to increasing air traffic across the globe. Air travel, which was once a luxury, has transformed into a necessity, resulting in the increased number of passengers traveled. International Air Transport Association forecasts the global air passenger number will be doubled to 7.8 billion in 2036. To cater to this increase in demand, airlines are making investments to increase the fleet size. According to the FAA, there are around 5000 aircrafts in the sky at any given time. Thus, there is a vast demand for improvised Air Traffic Management Systems, which are needed to manage growing number of planes in the air.

However, these new technologies are out of reach from cost-effectiveness, as huge capital is required to maintain and monitor them, since these systems are necessary for the safety of the passengers. Asia-Pacific is projected to lead the air traffic management market during the forecast period, owing to the modernization of existing airports and the development of new airports in the region. Airport modernization programs, that include increased procurement of advanced communication, surveillance equipment, and navigation, are some of the drivers identified in the global air traffic management market.

This report focuses on the global top players, covered
Thales Group
Raytheon Company
Indra Sistemas
Harris
Northrop Grumman
Honeywell International
Saab
BAE Systems
Comsoft Solution
Advanced Navigation and Positioning
JMA Solutions

Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India

Market segment by Type, the product can be split into
Air Traffic Control (ATC)
Air Traffic Flow Management (ATFM)
Aeronautical Information Management (AIM)

Market segment by Application, split into
Civil
Military

Scope of the Report:
This report focuses on the Air Traffic Management in Global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

The Global Air Traffic Management Market 2018 is further analyzed on the basis of product pricing, Air Traffic Management production volume, data pertaining to demand and Air Traffic Management supply, and the revenue garnered by the product. The report provides upstream and downstream analysis covering major raw material used in manufacturing of Air Traffic Management along with detailed manufacturing sources. The report also shares list of major raw material manufacturers along with their manufacturing locations. Detailed raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Various methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to present a comprehensive, detailed study of the industry for Air Traffic Management across the world.

Make An Enquiry@ https://www.qyresearchgroups.com/send-an-enquiry/719018

Reason to Buy :

- Highlights key business priorities in order to assist companies to realign their business strategies.

- The key findings and recommendations highlight crucial progressive industry trends in the Digital Asset Management market, thereby allowing players to develop effective long term strategies.

- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.

- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

Check Discount@ https://www.qyresearchgroups.com/check-discount/719018

We at QY Research Groups provide the most upgraded and beneficial data to enhance your knowledge about the ongoing trends in the market, drivers, restraints and leading players in the market.

About Us:

QY Research Groups is a company that simplifies how analysts and decision makers get industry data for their business. Our unique colossal technology has been developed to offer refined search capabilities designed to exploit the long tail of free market research whilst eliminating irrelevant results. QY Research Groups is the collection of market intelligence products and services on the Web. We offer reports and update our collection daily to provide you with instant online access to the world's most complete and current database of expert insights on global industries, companies, products, and trends.

Contact us:

Email- sales@qyresearchgroups.com
Web- https://www.qyresearchgroups.com

This release was published on openPR.