Aircraft Traffic Management Market Share, and Trends by 2030

1. Aircraft Tra?c Management Market Share, and Trends by 2030 December 07, 2021 Aircraft traffic management is the system used to assist the aircraft from its • departure from an airport to its landing at a destination airport, including the transit phase. The aircraft traffic management market is segmented by domain (air traffic control, • air traffic flow management, and aeronautical information management), by component (hardware, and software), by end-use (commercial, and military), and by region. Global economic growth, rise in passenger traffic, the need for airspace • management, and modernization of air traffic management infrastructure are expected to drive the growth of the global aircraft traffic management market. Rise in Demand for Hardware Components In terms of component, the hardware segment is likely to be the fastest growing • segment and expected to hold a dominant share of the global aircraft traffic management market during the forecast period. Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

2. The hardware segment is dominant due to the construction of new airports, rising • digitalization in existing airports, besides the fact that several airports are replacing aging hardware equipment with new advanced equipment. These factors propel the growth of the global aircraft traffic management market. Moreover, developed regions such as North America and Europe are currently • focusing on upgrading existing air traffic management to provide better air traffic services to the airlines, thus boosting the global aircraft traffic management market. In January 2020, Raytheon Technologies signed a contract with US Federal Aviation • Administration to develop usability and reduce operational costs for the Standard Terminal Automation Replacement System (STARS). The major restraint of the aircraft traffic management market is high cost associated • with air traffic management For Right Perspective & Competitive Insights on Aircraft Traffic Management Market, Request for a Sample Asia Pacific to Lead the Aircraft Traffic Management Market In terms of region, the global aircraft traffic management market can be divided • into North America, Europe, Asia Pacific, Middle East & Africa, and South America. Asia Pacific is expected to witness the fastest growth in the aircraft traffic • management market during the forecast period due to increasing demand from countries such as Japan, China, Taiwan, Indonesia, South Korea, and India. Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

3. The rising income of people, rising affordability, and low flight fares incentivizes • passenger traffic in the APAC region, which is projected to drive the growth of the global aircraft traffic management market during the forecast period. North America follows Asia Pacific in terms of growth in the aircraft traffic • management market due to the rising modernization programs for existing airports in the U.S. and Canada which supports market demand. The aircraft traffic management market in Europe is expected to expand at a • substantial rate during the forecast period due to the rising demand for aircraft traffic management from various countries of the region. On the other hand, the market in Middle East & Africa, and South America is estimated to expand at a moderate pace during the forecast period. Key Players Operating in the Global Aircraft Tra?c Management Market The global aircraft traffic management market was highly fragmented in 2019. Major players operating in the global market are focusing on technological advancements and expansion to meet the rising demand for aircraft traffic management. Moreover, manufacturers are undertaking mergers and acquisitions for the development of innovative products. Key players operating in the global aircraft traffic management market include: Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

4. Thales Group • Raytheon Technologies • Indra Sistemas S.A. • L3Harris Technologies, Inc. • Honeywell International Inc. • Saab AB • BAE Systems • Frequentis Group • Lockheed Martin Corporation • Saipher ATC • Advanced Navigation & Positioning Corporation • Intelcan Technosystems Inc. • ALTYS Technology • Searidge Technologies • Leonardo S.p.A. • Adacel Technologies Limited • Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

5. ACAMS Airport Tower Solutions • ARTISYs • Avinor AS • Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report About Us Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.  Contact Transparency Market Research, 90 Sate Street, Suite 700, Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD

6. Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Email: sales@transparencymarketresearch.com Website: https://www.transparencymarketresearch.com/ Create PDF in your applications with the Pdfcrowd HTML to PDF API PDFCROWD