Booming Growth in Air-Traffic Management Market Analysis Report 2020 and Forecast to 2022 by Developments in Manufacturing Technology and Growth Overview Honeywell, BAE Systems, Harris, Raytheon

The global Air-Traffic Management Market is thoroughly analysed by covering major segments of the market. An in-depth market segmentation is covered below that reflects the vital elements included in the Air-Traffic Management market research report. According to market is projected to grow at a stellar CAGR during the period of assessment, 2020-2024.

Global Air-Traffic Management Market overview:

The report of global Air-Traffic Management Market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.

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The Global Air-Traffic Management Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Air-Traffic Management Market is sub segmented into Hardware, Software. Based on component, the market has been segmented into Hardware, and Software. The software segment is projected to grow at the highest CAGR during the forecast period. The growth of this segment can be attributed to the increasing automation in air traffic management which will require advanced software algorithms.

Based on End Use Industry segment, the Air-Traffic Management Market is sub segmented into Civil, Military. Based on end use, the air traffic management market has been segmented into commercial, and tactical. The commercial segment is estimated to account for the largest share of the market in 2018. Due to higher commercial air traffic and extensive use of Air-Traffic Management systems for day to day commercial air travel, along with timely upgradations of these systems are the drivers for the commercial segment.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

�Air-Traffic Management Market segmentation is also done on the basis of applications. Leading players of the industry have also been profiled with their recent developments and other strategic industry activities. A few top players in the industry are Honeywell, BAE Systems, Harris, Raytheon, Saab AB, Thales Group, Northrop Grumman, Indra Sistemas, ANPC, Comsoft Solution, Adacel.

Key Questions Answered in this Report:

1 What will the market size be in 2023?

2 What are the key factors driving the Global Air-Traffic Management Market?

3 What are the challenges to market growth?

�4 Who are the key players in the Global Air-Traffic Management Market?

�5 What are the market opportunities and threats faced by the key players?

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Latest Industry Updates:

Honeywell:- Boeing has added more than $1 billion in excess airplane parts to GoDirect Trade, a blockchain platform designed to prove the origin of the parts and ensure they comply with safety standards, according to the manager of the platform, designed by aerospace giant Honeywell. Honeywell general manager Lisa Butters, says the transaction last weekend saw Boeing add the excess parts, or parts they no longer needed, directly to the platform, which connects the layers of the supply chain into a single, shared ledger of transactions that transparently tracks their movement. Boeing could not be reached to confirm the transaction, which was revealed at the Hyperledger Global Forum for enterprises building on blockchain, in Phoenix, Arizona.

Traditionally, aviation parts would each have paper "birth certificates," quality documents, and more attesting to the their original manufacturer and current safety compliance, with each document needing to be physically moved from place to place and re-entered in the new owner's accounts, making them almost impossible to sell online, where the paper documents could easily be forged. But by moving each layer of the supply chain to Blockchain 50 member Honeywell's custom version of Hyperledger Fabric, open source code that anyone can build on, each listing is tied to images of the part and corresponding documents for the exact part being offered for sale, helping not only ensure the part is there, but that the documents it's associated with aren't forged.

Air-Traffic Management Market: Region-wise Outlook

Asia Pacific was a prominent market for Air-Traffic Managements in 2016. Among the countries in Asia Pacific, the demand was substantially high in developing countries such as China and India. These countries have been witnessing rapid increase in its population along with expansion of their overall economies, which has led to increase in disposable income. Increased spending on home interiors is fuelling the Air-Traffic Management market in Asia Pacific.

There are several manufacturers of Air-Traffic Managements in Europe and North America. In North America, the demand for Air-Traffic Managements is primarily driven by the residential sector. Improved standards of living and rising usage of Air-Traffic Managements for flooring purpose are anticipated to drive the market in North America.

In Europe, the demand for Air-Traffic Management is anticipated to be primarily from the commercial sector. Air-Traffic Managements are being employed widely for flooring in commercial complexes, which is estimated be a major factor that is likely to propelling the consistent expansion of the Air-Traffic Management market in the region.

Demand for Air-Traffic Managements in Middle East & Africa is projected be primarily due to the utilization of Air-Traffic Managements in the construction industry. In recent years, there has been exceptional growth in the construction industry of UAE and Egypt which has driven the market of Air-Traffic Managements in the region of Middle East & Africa

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Table of Contents:

Global Air-Traffic Management Market Report 2020

1 Air-Traffic Management Definition

2 Global Air-Traffic Management Market Major Player Share and Market Overview

3 Major Player Air-Traffic Management Business Introduction

4 Global Air-Traffic Management Market Segmentation (Region Level)

5 Global Air-Traffic Management Market Segmentation (Product Type Level)

6 Global Air-Traffic Management Market Segmentation (Industry Level)

7 Global Air-Traffic Management Market Segmentation (Channel Level)

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