Air traffic management Market Size study Application Air Traffic Services (ATS), Airspace Management (ASM), Air Traffic Flow management, Capacity Management, Communication & Navigation Management, Aerodrome Operations Management and Others), End-users (commercial and tactical)- Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global air traffic management Industry is valued at approximately USD 1.8 billion in 2017 and is anticipated to grow with a rate of more than 5 % over the forecast period 2019-2025.
The advancement is the air traffic management is considered as a major growth trend for the global air traffic management Industry.
Key drivers for the air traffic management Industry are increasing investment on airports, modernization of air traffic management infrastructure and growing air traffic. For instance, in April 2019, government of Canada announced investment of about $16,250 for improving safety in the airport at the Sault Ste Marine Airport for improving airport emergency communication. Similarly, as per National Investment promotion and facility agency of India, Government is planning to invest about $120 billion investment in airport infrastructure. Further, as per the International Air Transport Association (IATA), about $1.5 trillion investment is estimated globally towards airport infrastructure development by 2030.
Thus, growing investment in airport modernization is supplementing the adoption & growth air traffic management Industry. Furthermore, growing need for unmanned aircraft system traffic management is expected to create lucrative growth prospects of the air traffic management Industry across the globe. However, stringent regulatory norms and high cost of air traffic control equipment’s act as a key restraint for the Industry during the forecast period.
On the basis of segmentation, the air traffic management Industry is segmented into application and end-user. The application segment is diversified into air traffic services, airspace management, air traffic flow management, capacity management, communication and navigation management and others. Aeronautical information management segment is expected to dominate the applications segment owing to owing to growing adoption of real-time aeronautical information for safe, efficient and economical air traffic management. On the basis of end-user segment the Industry is classified into commercial and tactical out of which is expected to grow at a lucrative rate. The commercial segment is dominating segment owing to extensive use of air traffic management for commercial air travel.
The regional analysis of air traffic management Industry is considered for the key regions such as North America, Europe, Asia Pacific, Latin America and ROW. North America holds the leading position in air traffic management Industry due to the implementation of traffic management technologies coupled with government support. Whereas, Asia-Pacific is expected to emerge as the fastest growing region in terms of Industry share. The growth of Asia-Pacific is witnessed owing to the untapped opportunities in countries such as India and China. Further, development of greenfield airport coupled with modernization of airports are further creating growth opportunities for air traffic management Industry in the region.
The Industry players actively participating in the Industry include-

Thales Group
Aquila
Aeronav Group
BAE Systems PLC.
Comsoft Solution GmbH
Harris Corporation
Honeywell International, Inc.
Indra Sistemas, S.A.
Lockheed Martin
Northrop Grumman Corporation
Raytheon
Saab AB
Searidge Technologies

The objective of the study is to define Industry sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Industry. Additionally, the report shall also incorporate available opportunities in micro Industrys for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

Air traffic management Industry Share and Size by 2019-2025
Automotive
Air traffic management Market Segmentation:
By Application:
Air Traffic Services (ATS),
Airspace Management (ASM)
Air Traffic Flow management
Capacity Management
Communication & Navigation Management
Aerodrome Operations Management
Others
By End-user:
Commercial
Tactical

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Air traffic management Market are as follows:
hales Group
Aquila
Aeronav Group
BAE Systems PLC.
Comsoft Solution GmbH
Harris Corporation
Honeywell International, Inc.
Indra Sistemas, S.A.
Lockheed Martin
Northrop Grumman Corporation
Raytheon
Saab AB
Searidge Technologies

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