Press release
Global Air-Traffic Management Market Share, Trend, Segmentation and Forecast to 2025
Air traffic management is an aviation term encompassing all systems that assist aircraft to depart from an aerodrome, transit airspace, and land at a destination aerodrome, including Air Traffic Services (ATS), Airspace Management (ASM), and Air Traffic Flow and Capacity Management (ATFCM).
Asia-Pacific is projected to lead the air traffic management (ATM) market from 2018 to 2025, owing to the development of Greenfield airport and modernization of existing airports in the region. Airport modernization programs that include increased procurement of advanced communication, navigation, and surveillance equipment are driving the Asia-Pacific air traffic management (ATM) market.
In 2017, the global Air-Traffic Management market size was million US$ and it is expected to reach million US$ by the end of 2025, with a CAGR during 2018-2025.
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The key players covered in this study
Honeywell
BAE Systems
Harris
Raytheon
Saab AB
Thales Group
Northrop Grumman
Indra Sistemas
ANPC
Comsoft Solution
Adacel
Market segment by Type, the product can be split into
Hardware
Software
Market segment by Application, split into
Civil
Military
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
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