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Air Traffic Management Market Trends, Share, Industry Size, Growth 2019 to 2025

06-16-2020 02:15 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Air Traffic Management Market

Air Traffic Management Market

The global air traffic management market is anticipated to grow at a significant CAGR during the forecast period. The market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. The North American and Asia-Pacific regions are estimated to grow significantly during the forecast period. The North American regional growth is accredited to the constant innovations and development of novel and advanced technologies for enhancing air traffic management. The region also has the highest number of airports, and have a large pool of air passenger traffic. Thus, all these factors together contribute to the regional growth of the air traffic management industry.

Request a Free Sample of our Report on Air Traffic Management Market: https://www.omrglobal.com/request-sample/air-traffic-management-market

Asia-Pacific growth is accredited to the increasing globalization along with the rise in the number of airports. The growth is also attributed to enhancing air travel and the presence of huge automotive players in the region. The changing preferences of the passengers to travel via air are rapidly increasing. Air passenger is expected to increase in the near future and China is expected to be the world’s largest aviation market across the globe, according to the International Air Transport Association (IATA). The fast-growing aviation market will increase the burden to airport infrastructure due to several safety concerns. These measures prominently include the proper management and controlling of air traffic, which, thereby supports the regional growth of the air traffic management market.

Followed by North American and Asia-Pacific region, Europe also registers a significant growth due to the increasing transportation industry in the region. UK, Germany, Spain, Italy, France, and the Netherlands are the major countries contributing to the air traffic management market growth as these countries are home to some of the prominent aerospace manufacturers which contribute to the overall growth of the market over the forecast period.

Further, the prominent players operating in the global air traffic management market have contributed in various ways to cater to the growing demands. The prominent players operating in the global air traffic management market include BAE Systems Plc, Honeywell International Inc., Northrop Grumman Corp., Thales Group, L3 Harris Technologies Inc., Raytheon Co., Saab AB, Lockheed Martin Corp., and others. Also, these players have adopted several growth strategies to cope with the highly competitive air traffic management market across the globe.

A Full Report of Air Traffic Management Market is Available at https://www.omrglobal.com/industry-reports/air-traffic-management-market

Global Air traffic management Market – Segmentation

By Component
• Hardware
• Software

By System
• Air Traffic Control
• Airspace Management
• Air Traffic Flow Management
• Others

By End-User
• Commercial
• Tactical

Global Air traffic management Market – Segmentation by Region

North America
• United States
• Canada

Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World
• Middle East & Africa
• Latin America

Company Profiles
• ACAMS Airport Tower Solutions
• Adacel Technologies Ltd.
• Advanced Navigation & Positioning Corp.
• Avinor AS
• Avitech GmbH
• BAE Systems Plc
• Frequentis AG
• Honeywell International Inc.
• Intelcan Technosystems Inc.
• L3 Harris Technologies inc.
• Leonardo S.p.A
• Lockheed Martin Corp.
• NATS Ltd.
• Northrop Grumman Corp.
• Raytheon Co.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/air-traffic-management-market

For More Information, Visit https://www.omrglobal.com/

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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