What is Commercial Air Traffic Management?
Air traffic management means to coordinate the movement of aircraft to maintain safe distances between the aircraft. Various types of systems and solutions are used by the airport authorities to manage the flow of aircraft into and out of the airport airspace, enhance communication with the pilot to guide during takeoff and landing, and monitor aircraft. The system is primarily used to offer enhanced safety to the passengers and reduce air incidents due to increased air traffic across the globe. However, leveraging advanced technologies with the air traffic management system provides real-time data updates without controllers’ intervention, which helps controllers to manage fluctuations in air traffic volume due to weather changes, emergencies, and more in an easy way.
The market study is broken down by Type (Communication System, Navigation System, Monitoring System, Automatic System and Simulation System), by Application (Air Traffic Control, Precision Landing Guidance, Airspace Management, Flow Management and Others) and major geographies with country level break-up.
The key manufacturers are targeting the innovations of the products with better quality, better technical characteristics, and also assist in providing and humanizing the after-sale service to the consumers. The key players are probable to keep a stronghold on the market over the anticipated period. The key players are accepting strategic decisions and are thinking upon mergers and acquisitions in order to maintain their presence in the market Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Commercial Air Traffic Management market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Frequentis (Austria), Thales Group (France), Honeywell International (United States), BAE Systems (United Kingdom), Raytheon Technologies (United States), Saab AB (Sweden), Harris Corporation (United States), Northrop Grumman (United States), Indra Sistemas (Spain), ANPC (United States) and Adacel (Australia) are some of the key players that are part of study coverage.
AdvanceMarketAnalytics has segmented the market of Global Commercial Air Traffic Management market by Type, Application and Region.
On the basis of geography, the market of Commercial Air Traffic Management has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Airport, the sub-segment i.e. Domestic will boost the Commercial Air Traffic Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Hardware will boost the Commercial Air Traffic Management market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In October 2020, Aireon LLC launched three new commercial data products: AireonFLOW, AireonINSIGHTS, and AireonSTREAM to offer exciting and innovative solutions to the broader Air Traffic Management (ATM) industry. Each product has its own use cases for customers, for instance, AireonFLOW offers only single source of gate-to-gate, high-fidelity ATS surveillance data, AireonSTREAM interface enables customers across the ATM industry to access both derived and contextual data, and the flexibility to integrate it into their own platform, and AireonINSIGHTS offers the user a single source of high-fidelity flight information that can alert users in real-time.
- Increasing Use of Advanced Technologies in Air Traffic Management Solutions to Manage Fluctuations in Air Traffic Volume
- Increasing Demand of Advanced Technologies to Manage Air Traffic and Reduce Air Incidents
- Rise in Air Passengers Thereby Rise in Air Travelling and Aircraft Manufacturing Across the Globe
- Rise in Construction of New Airports in Developing Countries
- High Cost and Complexity of Air Traffic Management Technologies
- The Human Acceptance of Automation and Slow Adoption of Advanced Technologies
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Commercial Air Traffic Management Solutions Providers, Air Traffic Management Products Manufacturers & Suppliers, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and Others
About ApproachTo evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
1. What all players are profiled in the study?
The standard version of the report profiles players such as Frequentis (Austria), Thales Group (France), Honeywell International (United States), BAE Systems (United Kingdom), Raytheon Technologies (United States), Saab AB (Sweden), Harris Corporation (United States), Northrop Grumman (United States), Indra Sistemas (Spain), ANPC (United States) and Adacel (Australia) etc.
2. Can we have customized study for Commercial Air Traffic Management Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
3. What would be the Market Size of Commercial Air Traffic Management Market by 2026?
Analysts at AMA estimates Commercial Air Traffic Management Market to reach USD Million by 2026.