Global Air Traffic Management Market is Expected to Grow at a CAGR of 11.56% During the Forecast Period (2016-2024)

New York, USA, 2018-Sep-24 — /EPR Network/ —According to Goldstein Research, major driving factor for the expansion of global air traffic management market are the enhanced construction projects of new airports, renovation of the existing ones, aircraft movement, and heavy passenger and freight traffic has led to the innovation and growth of the air traffic management systems. Further, with the shift in demographics of emerging markets of the world, air services are expected to grow as a commercial service and ensure global interoperability and harmonious operations. Global air traffic management market Outlook also includes product development, marketing strategy and investment strategies adopted by major market players in order to expand their business across the globe.

For instance, in 2017 there are approximately 90 million VR users, providing huge VR gamers base to the air traffic management market.

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Market Segmentation

On the basis of our in-depth analysis, global air traffic management market can be segmented as follows:

By Domain

  • Air traffic controllers (ATC)
  • Air traffic flow management (ATFM)
  • Aeronautical information management (AIM)

By Investment Type

  • Greenfield
  • Brownfield

By System Type

  • Hardware
  • Software

By Airspace Class

  • A
  • B
  • C
  • D
  • Others (E,F,G)

By Application

  • Communication
  • Surveillance
  • Navigation
  • Automation
  • Simulation

Based on Geography

  • North America (U.S. & Canada) Air traffic management Market {Market Share (%), Market Size(USD Billion)}
  • Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Air traffic management Market {Market Share (%), Market Size(USD Billion)}
  • Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden &RoE) Air traffic management Market {Market Share (%), Market Size(USD Billion)}
  • Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Air traffic management Market {Market Share (%), Market Size(USD Billion)}
  • Middle East & Africa (GCC, South Africa, North Africa, RoMEA) Air traffic management Market {Market Share (%), Market Size(USD Billion)}

“Global Air traffic management Market Outlook 2024” contains a detailed overview of the global air traffic management market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by domain type, by investment type, by system type, by airspace class, and by application.

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Further, for the in-depth analysis, Global Air Traffic Management Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Thales Group, Aquila, Aeronav Group, BAE Systems PLC., Comsoft Solution GmbH, Harris Corporation, Honeywell International Inc.. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global air traffic management market trends along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players examining possibilities and other stakeholders to bring into line their market centric approaches according to the ongoing and expected trends in the future.

Key queries countered in this global air traffic management market report

  • What is the global air traffic management market size by 2024 and what would be the expected growth rate of sales?
  • What are the air traffic management market trends?
  • What are the dynamics which are driving this market?
  • What are the major barriers to air traffic management market growth?
  • Who are the prominent vendors in this market space?
  • What are the market prospects for the current and entry level players?

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