Air traffic management Market to Witness Huge Growth by 2027 – Advanced Navigation and Positioning, BAE Systems PLC, Harris, Honeywell International, Intelcan Technosystems
The growing technological advancements, as well as the trend of modernizing the airport premises, various airport authorities across the globe also seeking efficient management tools and software to control the growing number of aircraft fleet, which includes traffic management. The increasing dem and for network connectivity between the airports as well as the growing number of aircraft are the two major factors bolstering the requirement of airport management. Thus, these factors are strengthening the growth of air traffic management market in the forecast period.
The “Global Air traffic management Market Analysis to 2027″ is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of air traffic management market with detailed market segmentation by component, airspace application, end use, and geography.
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The report enables you to-
• Formulate significant competitor information, analysis, and insights to improve R&D strategies
• Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
• Identify and understand important and diverse types of Air traffic management under development
• Develop market entry and market expansion strategies
• Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
• In-depth analysis of the product’s current stage of development, territory and estimated launch date
The global air traffic management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading air traffic management market players and offers key trends and opportunities in the market.
The prominent driver of the air traffic management market is the growing trend of modernization of air traffic management infrastructure. The rising requirement of unmanned aircraft system traffic management (UTM), as well as growing investments in airport developments globally, are creating lucrative opportunities for the air traffic management market in the forecast period.
Leading Key Players:
• Advanced Navigation and Positioning Corporation
• BAE Systems PLC
• Harris Corporation
• Honeywell International, Inc.
• Intelcan Technosystems Inc.
• Lockheed Martin Corporation
• Raytheon Company
• SAAB AB
• Saipher ATC
• Thales Group
The global air traffic management market is segmented on the component, airspace application, and end use. Based on component, the market is segmented hardware, and software. On the basis of airspace application, the market of segmented into air traffic services (ATS), air traffic flow management (ATFM), airspace management (ASM), and aeronautical information management (AIM). Similarly, on the basis of end use the market is segmented into military and commercial.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global air traffic management market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America.
The air traffic management market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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The reports cover key developments in the air traffic management market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players.
Reasons to Buy the Report:
• Learn about the driving factors, affecting the market growth.
• Imbibe the advancements and progress in the market during the forecast period.
• Understand where the market opportunities lies.
• Compare and evaluate various options affecting the market.
• Pick up on the leading market players within the market.
• Envision the restrictions and restrains that are likely to hamper the market.
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