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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Air Traffic Management Market Size Growth During Forecast Period.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Air Traffic Management Market Size Growth During Forecast Period."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Air Traffic Management Market Size Growth During Forecast Period.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Air Traffic Management Market size is poised to retain substantial gains over the forecast timeframe on account of requirement for safe, reliable, efficient, and integrated movement of air traffic. Increasing airplane movements owing to rising air passenger traffic along with expanded network of air routes are expanding the industry share. The increasing number of airborne flights owing to significant increase in the low-cost carriers are positively influencing the market growth.  Industry players are continuously investing in R&D for developing advanced and efficient communication technologies for improving their market share. For instance, in February 2019, the U.S. Air Force awarded USD 59 million contract to Northrop Grumman for carrying out the engineering & manufacturing development (EMD) of embedded GPS and inertial navigation systems. Key Insights from Air Traffic Management Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued…  Researchers along with government organizations are carrying out multiple research projects for accelerating the development of air traffic management systems. For instance, the Single European Sky ATM Research (SESAR) project is aimed at developing reliable, affordable, and efficient air traffic management systems, that enables for superior trajectory-based operations using System Wide Information Management (SWIM) technologies.  This contributes towards improving the communication efficiency and precision, thereby expanding the industry size over the study timeframe.

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Air Traffic Management Market https://www.gminsights.com/industry-analysis/air-traffic-management-market Request for a table of contents this research report @ https://www.gminsights.com/request-toc/upcoming/3297

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com ADACEL Harris Corporation Inmarsat Aviation Frequentis Indra Sistemas Major Companies Air Traffic Management Market:

7 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Europe will account for a significant share in the air traffic management market. This can be credited to the proliferation of low-cost carriers across the region. The region also witnesses significant growth in air passenger travel on account of improving sector along with improving disposable income. Additionally, the aviation governing bodies are continuously engaged in forming new policies and enacting certain recommendation for ensuring smoother airlines operations, thereby expanding the regional share. The growth in the North America air traffic management market can be attributed to the increasing investments by government agencies in the defense and military sector. Additionally, the defense operations require precise and efficient air traffic management for carrying out specialized missions. For instance, the U.S. Defense budget for 2019 amounted to around USD 690 billion. Regional Insights Air Traffic Management Market:

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