Air traffic

Global Air Traffic Management Market To Grow At A Huge CAGR Rate Of Over 12.89% – IMIESA

The latest report initiated by Evolve Business Intelligence on the Air Traffic Management Market provides a detailed assessment of the market size and forecast from 2020 to 2028. The global Air Traffic Management market size was estimated at 9, $ 18 billion in 2020 and is expected to reach $ 25.30 billion by 2028 with a CAGR of 12.89% from 2021 to 2028. The growth of the global air traffic management market is driven by the increase in worldwide passenger and air cargo air traffic, high adoption of air traffic management systems and technological advancements. In addition, the increasing attention paid to developing a sustainable aviation industry is a key factor that benefits the air traffic management market.

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The COVID-19 pandemic has started to hit businesses across many sectors and industries, including manufacturing, food production, automotive, aerospace and defense, government agencies, pharmaceutical manufacturers, and producers of oil and gas products. The repercussions of this pandemic have caused many ripple effects in several global markets including the air traffic management market as well as many regional economies due to the temporary closure of manufacturing facilities. End users of these products also suffer from a drop in demand for their products as companies abandon their long-term strategies in favor of short-term survival.

Key Players Featured In The Air Traffic Management Market Report:

  • Thales Group
  • Raytheon company
  • Indra Sistemas
  • Harris Company
  • Northrop Grumman Company
  • Honeywell
  • BAE systems
  • Saab AB
  • Lockheed Martin
  • Frequentis SA

The study provides a detailed analysis of the major players in the Air Traffic Management market which includes, among others, manufacturers, suppliers, and organizations. Competitor analysis includes revenue regeneration, analysis of business segments and geographic presence in each country, key strategies and developments, product portfolio and SWOT analysis.

Global segmentation of the air traffic management market:

  • Service-based
  • Vending machine as a service
  • Maintenance service
  • Assistance service
  • Airspace based
    • Air traffic services
    • Air traffic flow management
    • Airspace management
    • Aeronautical information management
  • App-based
  • Communication
  • Navigation
  • Monitoring
  • Automating

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Geographic coverage of the global air traffic management market:

  • North America
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • The rest of europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the world
    • South America
    • Middle East and Africa

The Asia-Pacific region will be the most lucrative for the global air traffic management market during the forecast period. The population growth coupled with the high disposable income of the inhabitants of this region is expected to drive the growth of the Asia-Pacific market in the coming years.

IMP NOTE: All our reports will be updated taking into account the impact of the COVID-19 scenario.

Crucial pointer addressed in the report:

Understanding of the air traffic management market: This section of our report describes relevant market topics that we researched and the direction we see in the industry. These include, but are not limited to, the segments discussed, company descriptions and key statistics regarding customer growth. This section provides a detailed analysis of the current as well as future growth factors of the market division in service, airspace, application, and regions.

Dynamics of the air traffic management market: This section provides a detailed analysis of growth factors, restraining factors and business opportunities. Further, the report provides detailed analysis of the impact of COVID affecting market growth along with a precise focus on industry policies, regulatory framework, current issues impacting market growth. at national / international level.

Regional Outlook For Air Traffic Management Market: The country section is a breakdown by country of the correspondence between production and consumption rates.

Competitive Landscape of the Air Traffic Management Market: This section provides a comprehensive market share analysis and in-depth analysis of the top 10 players covered in the market report.

About EvolveBI
Evolve Business Intelligence is a market research, business intelligence and consulting company offering innovative solutions to meet the challenges of a business. Our market research reports contain data useful to micro, small, medium and large businesses. We offer solutions ranging from simple data collection to business consulting.

Evolve Business Intelligence is based on technological advances providing very precise data thanks to our internal tool for analyzing and forecasting data modeled by AI – EvolveBI. This tool tracks real-time data, including quarterly performance, annual performance, and recent developments of the world’s 2,000 fortune companies.

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