Market Research Report
Global Air Traffic Management Market 2020-2026
|Published by||Orion Market Research Pvt Ltd||Product code||949596|
Delivery time: 2-3 business days
|Global Air Traffic Management Market 2020-2026|
|Published: June 13, 2020||Content info:||
Global Air Traffic Management Market Size, Share & Trends Analysis Report By Component (Hardware, and Software), by System (Air Traffic Control, Airspace Management, Air Traffic Flow Management, and Others), By End-User (Commercial and Tactical), and Forecast 2020-2026
The global air traffic management market is projected to grow at a significant CAGR during the forecast period. The primary factors that drive the growth of the market include the increased emphasis on the adoption of modern air traffic management and growth in passenger traffic across the globe.
The global air traffic management market is segmented on the basis of components, systems, and end-user. Based on the component, the market is segmented into hardware and software. Based on the system, the market is segmented into air traffic control, airspace management, air traffic flow management, and others. Based on the end-user, the market is bifurcated into commercial and tactical. The commercial segment is estimated to contribute a prominent share to the market owing to the presence of higher commercial air traffic which increases the need for air traffic management systems for day to day commercial air travel.
Geographically, the study of the global air traffic management market report covers the analysis of four major regions including North America (the US and Canada), Europe (UK, Germany, Italy, Spain, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), and the Rest of the World. North America is estimated to contribute a prominent share in the market, owing to the rapid adoption of modern and advanced techniques for traffic management Asia-Pacific is estimated to exhibit a significant growth rate in the global air traffic management market during the forecast period.
Moreover, the study of the global air traffic management market report covers the analysis of various players operating in the market. Some of the key players covered in the report 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.
The market study of the global air traffic management market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings the authenticity of our reports.
Secondary Sources Include:
The report is intended for air traffic management solution providers, aerospace industry, component manufacturers, software vendors, government organizations, regulating authorities, industry associations & experts, and other market participants for overall market analysis and competitive analysis. The report provides an in-depth analysis of the market size and growth opportunities. The report will serve as a source for 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions.
The Report Covers: