openPR Logo
Press release

Air Traffic Management Market Size, Share, Research Report 2020-2026

Air Traffic Management Market Size, Share, Research Report

The globalair traffic managementmarket size will gain impetus from the rise in investments made in airports worldwide. A report on the market by Fortune Business Insights(TM) titled, "Air Traffic Management Market Size, Share and Industry Analysis, By Type (AIM, ATC), By Application (Surveillance, Communication, Simulation, Automation), By Airport Type (Brownfield, Greenfield), By Component (Software, Hardware) and Geography Forecast till 2026," throws lights on the major growth trajectories and key industry developments of the market.

According to the current air traffic management market trends, the market is dominated by the brownfield segment with respect to categorization by airport type. This dominance is attributed to the rise in investments in modernizing airports such as equipment, building, and others.

List of the significant air traffic managementmarket manufacturers include:

Thales Group (France)
BAE Systems (UK)
Northrop Grumman Corporation (US)
Saab AB (Sweden)
Harris Corporation (US)
Frequentis Comsoft GmbH (Germany)
Indra Sistemas, SA (Spain)
Raytheon Company (US)
Honeywell International Inc. (US)
Others
Request a Sample Copy of the Market Research Report:

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/air-traffic-management-market-101813

The report on air traffic management market focuses on major factors boosting, repelling, and challenging the market. The report throws light on key industry developments and the upcoming opportunities that these developments may bring. The market is segmented based on categories such as type, application, component, airport type, and geography. Air traffic management market analysis also presents the base and forecast figures along with the CAGR at which the market is forecasted to grow. Apart from this, other air traffic management market trends are provided in the report.

Adoption of Automation and Virtual Technology Will Promote Market Growth

The most important factor boosting the air traffic management market is the rising demand for smart airports worldwide. In addition, the rise in air traffic is also expected to increase the overall air traffic management market growth in the coming years. Furthermore, the adoption of virtual technologies and automation, such as predictive technology, synthetic intelligence, and remote towers, are further expected to help increase the overall air traffic management market revenue in the forthcoming years.

Browse Report Summary:

https://www.fortunebusinessinsights.com/industry-reports/air-traffic-management-market-101813

However, the high cost of air traffic management or ATM equipment may be a major restraint challenging the overall air traffic management market size in the coming years. Nevertheless, the implementation of the RNAV or area navigation techniques into air traffic controllers may create lucrative air traffic management growth opportunities in the long run.

Avail customized purchase options to meet your exact research needs:

Buy the required sections of this report
Buy country level reports
Request for historical data of research
Request discounts available for Start-ups and Global Universities
Research Methodology
Rapid Investments in Infrastructural Development of Brownfields to Intensify Market Competition

Air traffic management market vendors are emphasizing on technical developments in air traffic systems for better operations and attracting high revenue in the forecast period. Market vendors are also trying to renovate and upgrade the brownfield airports by investing in infrastructural developments. This will help players gain a competitive edge in the overall market.

North America to Dominate Market on Account of Presence of Consistently Improving Airport Management Services

As per geographical segmentation, the global air traffic management market is segmented into five major regions namely Asia Pacific, Europe, Latin America, North America, and the Middle East and Africa. Among these, North America is holding a dominant air traffic management market share and further prognosticated to continue dominating in the forecast period followed by Europe. This is attributable to the consistently improving ATM services and their programs. Additionally, the North American vicinity is popular for its best variety of airports. The Western part of Europe ranks second in the ATM market on account of the rise in the transportation industry and the presence of developed international airport locations. Furthermore, the market in Asia Pacific is likely to grow at a rapid pace with China in the leading position, on account of the rapid pace of industrial growth in the region.

Some of the key industry developments in the air traffic managementmarket are:

The development of a seamless ATM plan was chalked out by ICAO Regional Office in Bangkok, Thailand. This ATM plan was executed to improve air traffic management systems in the world's largest aviation area with respect to Revenue Passenger Kilometers. This Seamless ATM plan was authorized by the Asia Pacific Navigation Planning and Implementation Regional Group or APANPIRG in mid-2013.

Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/air-traffic-management-market-101813

Fortune Business Insights Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Air Traffic Management Market Size, Share, Research Report 2020-2026 here

News-ID: 2027148 • Views: 78

More Releases from Fortune Business Insights Pvt Ltd

Hearing Aids Market 2020 Global Industry Share, Size, Growth Analysis and Foreca …
The world’s first Healthable™ Hearing Aids namely Livio AI was reinvented by Starkey Hearing Technologies in August 2018. This updated hearing aid will run on AI and integrated sensors and is the first device to trace cognitive health and physical activity as measured by hearing aid for utilizing in social situations. Such innovations are likely to bode well for the global hearing aids market predicts Fortune Business Insights in their
Naval Vessels and Surface Combatants Market Size to Reach USD 41.82 Billion by 2 …
The global naval vessels and surface combatants market size is projected to reach USD 41.82 billion by 2026 owing to the advancement in technology in naval warships. Such warships are used for sea-based battlefield operations and are inclusive of vertical missile launchers, rocket launchers, torpedo launching systems, and anti-submarine rocket launchers. Fortune Business Insights™ offers a 360-degree overview of the market and its prime growth parameters in their recently published
Drone Services Market to Exhibit Striking 41.34% CAGR till 2026
The global drone services market size is predicted to reach USD 67.43 billion by 2026, exhibiting a CAGR of 41.34% during the forecast period. The increasing utilization of drones in military applications will boost this market revenue during the forecast period. The rising demand for commercial drones in agricultural applications such as crop rotation, crop protection aquaponics, and organic farming will accelerate the drone services market growth. Besides, the increasing
Satellite Communication (SATCOM) Market Size to Reach USD 41.33 Billion by 2026
The global satellite communication (SATCOM) market size is predicted to reach USD 41.33 billion by 2026, exhibiting a CAGR of 7.73% during the forecast period. The rising demand for small satellites in energy, oil & gas, defense, and other sectors will boost the satellite communication (SATCOM) market trends during the forecast period. The growing utilization of small satellites in the defense sector for applications such as, tactical communication, medium

All 5 Releases


More Releases for Air

Climacool Air Conditioning
Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the quality and outstanding service that you deserve. Climacool Air Conditioning sells, installs, repairs and services air conditioning units in Sydney. The team of air conditioning professionals work in both domestic and commercial estates to ensure that you receive the
Air Suspension Systems Market
Air suspension systems are extensively used in heavy duty vehicles where they utilize pressure from compressed air for the vehicle’s braking system. As a result, the global air suspension systems market is expected to witness significant growth in 2018, reaching a market value of US$ 4,613.3 Mn at a Y-o-Y growth rate of 6.0% as compared to 2017. Furthermore, the global demand for air suspension systems will also be influenced
Nuclear Air Filtration Market
In this report, the Asia-Pacific Nuclear Air Filtration market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Nuclear Air Filtration for these regions, from 2012 to
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Systematically pure air
Amazone has integrated energy-saving torch welding extraction into the production Metal-processing companies can directly include the planning of ventilation systems when building a new hall. But what kind of extraction and filter technology can be successfully integrated into the existing production, which individually protects employees against emissions and is extremely energy-saving? This is the question that Hilmar Heitmann, project engineer at Amazone at the main production facility in Hasbergen-Gaste (close
Maximizing Air Conditioning Efficiency
Maximizing air conditioning efficiency is key to minimize its financial and environmental costs. Historically air conditioning has been unpopular in Europe simply because of the moderate climate and running costs, having said that, it is now becoming much more common across Europe and the UK. An air conditioner that does not work at its maximum efficiency levels can seriously effect the electricity consumption, it may be working fine with absolutely