Press release
Air Traffic Management Market Expected to Grow at 18.8 Billion In Revenue by 2025
ReportsnReports always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global Air Traffic Management Market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts team. Air Traffic Management Market report spread across 169 Pages, Profiling 15 Companies and Supported with 101 Tables and 39 Figures is now available in this Research report.Air Traffic Management Market 2019 Report categorizes on the basis of Airspace (Air Traffic Services, Air Traffic Flow Management, Airspace Management, and Aeronautical Information Management), Component (Hardware and Software), End Use(Commercial and Tactical), Investment Type(Brownfield and Greenfield).
The Air Traffic Management (ATM) Market is projected to grow from an estimated US$ 14.1 Billion in 2018 to 18.8 Billion by 2025, at a CAGR of 4.20% during the forecast period.
“Based on end use, the commercial segment is projected to lead the ATM market during the forecast period”
Based on End Use, the commercial segment is estimated to account for the largest share of the Air Traffic Management market in 2018.Increasing air travel has led to an increase in commercial air traffic. Commercial air traffic has been higher and has greater frequency than tactical air traffic. This in turn, leading to the increasing need for ATM systems to cope with the increasing commercial air traffic.
“Asia Pacific is estimated to account for the largest share of the ATM market in 2018andthe Europe market is projected to grow at the highest CAGR during the forecast period”
Asia Pacific is estimated to account for the largest share of the Air Traffic Management market in 2018. Air traffic in the Asia Pacific has been growing at a very high rate; this has led to a demand for more airports and modernization of existing ones. China is the largest market in this region, followed by India. Rise in air passenger traffic has led to the introduction of new airlines, which has led to an increase in the number of aircraft deliveries, which is simultaneously expected to boost the market for ATM in this region.
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Breakdown of primary participants’ profile:
• By Company Type: Tier 1 – 77%, Tier 2 – 15%, and Tier 3 – 8%
• By Designation: Others – 79%, C Level– 16%, and Director Level – 5%
• By Region: Asia Pacific – 51%, Africa – 16%, Europe – 15%, Middle East – 9%, and North America –9%
Report Highlights:
• To profile key players and comprehensively analyze their core competencies
• To define, segment, and project the global market size for Air Traffic Management
• To understand the structure of the Air Traffic Management market by identifying its various sub-segments
• To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
• To analyze the micromarkets with respect to individual growth trends, future prospects, and their contribution to the total market
• To project the size of the market and its submarkets, in terms of value, with respect to the 6 regions (along with their respective key countries)
• To understand the competitive landscape and identify major growth strategies adopted by players across key regions
• To analyze competitive developments, such as expansions & investments, new product launches, mergers & acquisitions, joint ventures, and agreements in the Air Traffic Management market.
Competitive Landscape of Air Traffic Management Market:
1 Introduction
2 Oem Competitive Leadership Mapping
2.1 Visionary Leaders
2.2 Innovators
2.3 Dynamic Differentiators
2.4 Emerging Companies
3 Competitive Scenario
3.1 Contracts
3.2 New Product Developments
3.3 Partnerships & Agreements
3.4 Collaborations & Expansions
Most Popular Companies Profiled in this report includes, Thales Group (France), Raytheon Company (US), Indra Sistemas, S.A. (Spain), Harris Corporation (US), Northrop Grumman Corporation (US), Honeywell International, Inc. (US), BAE Systems PLC (UK), and Saab AB (Sweden).
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