Key Emerging Trends in Air Traffic Management Market — Global Forecast to 2025

1
The Air Traffic Management Market is projected to
grow from an estimated 14.1 billion in 2018 to
18.8 billion by 2025, at a CAGR of 4.20 during
the forecast period. Increasing airport
investments, and modernization of ATM
infrastructure are expected to drive the growth
of the market.
airspace, the
Based on Aeronautical Management is projected
Information
(AIM) segment to grow at the
highest CAGR from 2018 to 2025 The growth of
this segment can be attributed to the constant
need to update real- time aeronautical
information for safe, efficient, and economical
ATM. AIMs emphasis is on the distribution of
updated aeronautical data as well as the digital
conversion of data. Download PDF Brochure
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.asp?id160955838 Based on component, the
software segment is projected to grow at the
highest CAGR from 2018 to 2025 Based on
component, the software segment is projected to
grow at the highest CAGR during the forecast
period. Growth of this segment can be attributed
to the need to enhance software with regular
updates as well as increasing automation, which
relies on software algorithms. Based on end use,
the commercial segment is projected to grow at a
higher CAGR from 2018 to 2025 Based on end use,
the commercial segment is projected to grow at a
higher CAGR during the forecast period.
Commercial air traffic has been higher and has
greater frequency than tactical air traffic. The
extensively used ATM system and timely
upgradations of these systems in growing
commercial air traffic is the driver in the
commercial segment being the fastest-growing. Base
d on investment type, the brownfield segment is
projected to grow at a higher CAGR from 2018 to
2025 Based on investment type, the brownfield
segment is projected to grow at a higher CAGR
during the forecast period. Growth of this
segment can be attributed to increasing
investments in order to modernize existing
airports. Europe is expected to be the
fastest-growing ATM market during the forecast
period
2
Europe is expected to be the fastest-growing
market during the forecast period. Growth is
largely due to increased brownfield airport
investments as well as the Single European Sky
program, which is expected to bring in
modernization into the existing ATM system. Key
Market Players Major players operating in the ATM
market include Thales Group (France), Raytheon
Company (US), Indra Sistemas, S.A. (Spain),
Harris Corporation (US), Northrop Grumman
Corporation (US), Honeywell International, Inc.
(US), BAE Systems PLC (UK), and Saab AB
(Sweden). Ask for Sample Report
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