Strategic Developments and Innovation Drive Growth in the Air Traffic Control (ATC) Market
The Air Traffic Control (ATC) Market is entering a new phase of strategic transformation as aviation authorities and governments prioritize safety, efficiency, and modernization of airspace operations. With the market valued at USD 9.0 billion in 2022 and projected to reach USD 13.5 billion by 2027, the sector is expected to witness a compound annual growth rate (CAGR) of 8.4 percent. This momentum...
Key Emerging Trends in Air Traffic Management Market — Global Forecast to 2025
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.
Based on airspace, the Aeronautical Information Management (AIM) segment is projected to grow at the...
Key Market Dynamics in Air Traffic Management
The Air Traffic Management (ATM) Market is projected to grow from an estimated USD 14.1 billion in 2018 to 18.8 billion by 2025, at a CAGR of 4.20% during the forecast period. Increasing global airport investments and upgradation of ATM systems are expected to drive the growth of the market.
Key Market Players:
Major players in the market are Thales Group (France), Raytheon Company...