The global air traffic flow & capacity management market is expected to grow from USD 18,740.06 million 2017 to USD 41,013.39 million by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 11.84%.
"Increasing daily air traffic leading upsurge in airspace congestionis one of the factors largely attributing to the growth of air traffic flow & capacity management market globally"
The factors attributing to the growth of the market are increasing daily air traffic leading upsurge in airspace congestion, development of new airports, modernization of air traffic management systems, shift of airlines from ground-based navigation surveillance to satellite-based navigation surveillance, and failure of conventional air traffic management systems to manage traffic during peak hours. However, some factors such as and high cost associated with system integration and installation may hinder the market growth. The global air traffic flow & capacity management market is expected to showcase the opportunities such as need for unmanned aircraft traffic flow & capacity management systems, and increase in demand for next-generation ip systems. In the near future, the market may face the possible challenges in the growth due to and rising cyberthreats issues. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global air traffic flow & capacity management market market."Class A: The highest growing airport class for the global air traffic flow & capacity management market"
On the basis of airport class, the global air traffic flow & capacity management market is studied across Class A, Class B, and Class C. Among all these airport class, the Class A has captured the maximum market share while the Class A has the opportunity to emerge with the highest CAGR."Brownfield: The highest growing investment for the global air traffic flow & capacity management market"
On the basis of investment, the global air traffic flow & capacity management market is studied across Brownfield and Greenfield. Among all these investment, the Brownfield has captured the maximum market share while the Brownfield has the opportunity to emerge with the highest CAGR."Communication: The highest growing application for the global air traffic flow & capacity management market"
On the basis of application, the global air traffic flow & capacity management market is studied across Automation, Communication, Navigation, Simulation, and Surveillance. Among all these application, the Communication has captured the maximum market share while the Navigation has the opportunity to emerge with the highest CAGR."Civil & Commercial: The highest growing end user for the global air traffic flow & capacity management market"
On the basis of end user, the global air traffic flow & capacity management market is studied across Civil & Commercial and Military & Defense. Among all these end user, the Civil & Commercial has captured the maximum market share while the Military & Defense has the opportunity to emerge with the highest CAGR."Asia-Pacific: The highest growing geography for the global air traffic flow & capacity management market"
On the basis of geography, the global air traffic flow & capacity management market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia). Among all these geography, the Americas is showing the maximum growth in the near future with the highest CAGR while the Asia-Pacific is dominating the market with highest market size.
"Comsoft Solution GmbH: The potential growing player for the global air traffic flow & capacity management market"
The key players profiled in the global air traffic flow & capacity management market are Comsoft Solution GmbH, ENAIRE, Harris Corporation, Honeywell International, Inc., Indra Sistemas, S.A., Metron Aviation, Inc., NATS Holdings Limited, Raytheon Company, Saab AB, and Thales S.A..
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global air traffic flow & capacity management market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global air traffic flow & capacity management market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global air traffic flow & capacity management market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global air traffic flow & capacity management market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global air traffic flow & capacity management market.