Air Traffic Management Market: 3-Key Growth Scenarios

Air Traffic Management Market Latest Edition Published with Forecast to 2027


According to the report, Technology Advancement of Air Traffic Management is one of the primary growth factors for the market. Increase in Investments on Airports is also expected to contribute significantly to the Air Traffic Management market. Overall, applications of Air Traffic Management, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Airspace, such as Air Traffic Services, is boosting the Air Traffic Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End Use, such as Commercial, is boosting the Air Traffic Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Component, such as Hardware, is boosting the Air Traffic Management market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Air Traffic Management market identified that the demand is rising in many different parts of the world as "Need for Unmanned Aircraft System Traffic Management (UTM) and Satellite-Based ATC". Furthermore, some recent industry insights like "In February 2019, the United States Air Force has awarded a contract of USD 59 million in order to Northrop Grumman for the development and manufacture of the embedded global positioning system. Therefore, it will, in turn, propel the growth of air traffic management market., In December 2018, the Harris Corporation (United States) Company has received a contract from the United States Army in order to provide wideband satellite communications. Hence, this new product launch will help in strengthening the position of the company in the United States and In October 2018, the Indra Sistemas, S.A. (Spain) has received a contract to provide InNOVA Approach as well as Tower display surveillance data processing system to the Inverness Airport. Therefore, it will help to enhance the growth of the revenue for the company in the future" is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Air Traffic Management market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Air Traffic Management market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

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Data Triangulation
The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

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