Press release
Air Traffic Management System Market Statistics, Business Opportunities, Competitive Landscape and Industry Analysis Report by 2029 | NATS, Thales, QinetiQ, Spire Aviation
The market for Air Traffic Management System is anticipated to grow at a compound annual growth rate (CAGR) of 8.6%, from USD 8.0 billion in 2022 to USD 11.8 billion by 2029. Contact with ground systems, efficient use of airspace, and maintaining flight safety are all part of air traffic management, or ATM. As more aircraft utilise the same airspace, the demand for sophisticated ATM is primarily driven by the rise in air travel. The development of cutting-edge technologies and rising airport infrastructure investments are transforming the aviation sector, which is predicted to drive demand for the ATM industry.The Latest Research report on "global Air Traffic Management System Market Report 2023 - Future Opportunities, Latest Trends, In-depth Analysis, and Forecast To 2029" offers strategic visions into the global Air Traffic Management System market along with the market size (Volume - Million Units and Revenue - US$ Billion) and estimates for the duration 2023 to 2029. The said research study covers in-depth analysis of multiple market segments based on type, application, and studies different topographies. The report is also inclusive of competitive profiling of the leading Air Traffic Management System product vendors, and their latest developments.
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The scope of the project, production, manufacturing value, loss/profit and supply/demand are all depicted in great detail. The market research then forecasts Air Traffic Management System market Distribution Units business growth patterns. It also contains information on strategic partnerships. A feasibility analysis, a SWOT analysis, and a return on investment analysis are all included in this study.
Some of the important players in Air Traffic Management System market are:
NATS, Thales, QinetiQ, Spire Aviation, Aquila, Advanced ATC, Saab, L4Harris, Leidos, Frequentis, IAA, Chelton, Indra, Leonardo, Aurora, Airservices, NEC Corporation, Volpe, Mosaic, Collins Aerospace, Air Traffic Solutions, ERA, EIZO, Systems Interface, Croatia Control, Metron Aviation, Hensoldt, and other.
Recent Developments
In May 2022, Indra Sistemas, S.A. (Spain) will digitize and upgrade the Sal Island oceanic air traffic control center and control towers at Santiago, Boa Vista, São Vicente, and Sal, Africa, with state-of-the-art technology to bring air traffic management performance and safety to the highest level.
Additionally, the report examines key players, significant collaborations, mergers, and acquisitions, as well as trending innovations and business policies. It encompasses fundamental, secondary, and advanced information related to the global status and trends of the Air Traffic Management System Market, including market size, share, growth, trends analysis, segment, and forecasts from 2023 to 2029.
Air Traffic Management System Market Segmentation:
This research report categorizes the Air Traffic Management System market into the following segments and subsegments:
Market by Type:
Hardware
Service
Software
Market by Application:
Civil Aviation
Military Aviation
Others
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The present market size and forecast till 2029 for all the regions and sub-regions have also been provided in the report.
Region enclosed are: North America, Europe, Asia Pacific, Oceania, South America, geographical region & continent
Country Level Break-Up: u. s., Canada, Mexico, Brazil, Argentina, Colombia, Chile, Nigeria, Tunisia, Morocco, Germany, uk (UK), Holland, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, China, Japan, Taiwan, South Korea, Singapore, India and Australia etc.
Asia Pacific likely to emerge as the largest air traffic management market Share
The Asia Pacific market has always been the largest for air traffic management. China and India have a strong political influence on the industrial policies of various sectors. Countries in the region are rapidly transforming from a conservative one-party political system to a western-style democratic system. However, China, Malaysia, and Singapore still hold firmly to the one-party political system. These countries are under constant pressure to transform into the western government systems, leading to a favorable environment for foreign companies seeking to invest in the region. The countries in this region have always supported initiatives such as NextGen and SESAR, which means this air traffic management market has high growth potential.
Influence of the Air Traffic Management System market report:
- Comprehensive assessment of all opportunities and risk in the Air Traffic Management System market.
- Air Traffic Management System market recent innovations and major events.
- Detailed study of business approaches for the growth of the market-leading players.
- Conclusive study about the expansion plot of the market for forthcoming years.
- In-depth understanding of market-specific drivers, constraints and major mini-markets.
- Favorable impression inside vital technological and market latest trends striking the Air Traffic Management System market.
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Strategic Points lined in Table of Content of Air Traffic Management System Market:
Chapter 1: Introduction, market actuation product Objective of Study and analysis Scope market (2023-2029).
Chapter 2: Exclusive outline - the fundamental info of the world Air Traffic Management System Market.
Chapter 3: ever-changing Impact on Market Dynamics- Drivers, Trends and Challenges & Opportunities of the market; Post COVID Analysis.
Chapter 4: Presenting the world Market correlational analysis, Post COVID Impact Analysis, Porters 5 Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by kind, user and Region/Country 2018-2023.
Chapter 6: Evaluating the leading makers of the world Market that consists of its Competitive Landscape, generation Analysis, Company Profile.
Chapter 7: to guage the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these numerous regions (2023-2029).
… To be continued
Key Questions Answered in the Report:
(1) What are the growth opportunities for the new entrants in the Air Traffic Management System industry?
(2) Who are the leading players functioning in the Air Traffic Management System marketplace?
(3) What are the key strategies participants are likely to adopt to increase their share in the industry?
(4) What is the competitive situation in the market?
(5) What are the emerging trends that may influence the market growth?
(6) Which product type segment will exhibit high CAGR in future?
(7) Which region is lucrative for the manufacturers?
25% free Customization of the Report:
- Country level market for Air Traffic Management System market (up to 5)
- Profiling and additional market players (up to 5)
- Free up to 40 hours of customization.
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