PUBLISHER: Value Market Research | PRODUCT CODE: 1342741
PUBLISHER: Value Market Research | PRODUCT CODE: 1342741
The global demand for Air Traffic Management Market is presumed to reach the market size of nearly USD 18.25 BN by 2030 from USD 9.06 BN in 2022 with a CAGR of 9.15% under the study period 2023 - 2030.
Air Traffic Management (ATM) includes contact with ground systems, effective use of airspace, and ensuring flight safety. The development of cutting-edge technology and growing investments in airport infrastructure force the aviation industry to undergo constant change, which is anticipated to raise demand for ATMs. More aircraft are using the same amount of available airspace, which has increased the demand for improved ATMs. The sustainability of airports depends on an air navigation system that is safe, secure, effective, and ecologically responsible. This necessitates putting in place an ATM system that has improved capabilities as a result of technological improvements.
New growth opportunities are being created by the continued development of international airports and the incorporation of cutting-edge air traffic management technology. The air traffic management market will be driven by the escalating amount of airport development and repair projects. The possibility of cybersecurity vulnerabilities connected with data transmission through ATM systems may impede the industry. Regardless, rising government and airport spending on developing new airports is likely to provide ample opportunities within the industry.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of air traffic management. The growth and trends of air traffic management industry provide a holistic approach to this study.
This section of the air traffic management market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
This section covers the regional outlook, which accentuates current and future demand for the Air Traffic Management market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the air traffic management market include Thales Group (France), Raytheon Technologies Corporation (US), L3Harris Technologies Inc. (US), Indra Sistemas, S.A. (Spain) and Saab AB (Sweden). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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