VoIP, remote towers, predictive technologies, and automation systems will ignite new growth opportunities, finds Frost & Sullivan
LONDON, June 19, 2018 /PRNewswire/ -- Frost & Sullivan's recent analysis, Global Commercial Air Traffic Management (ATM) Market, Forecast to 2025, finds that the need to address increasing air traffic in congested airspaces is driving digitalisation of ATM to handle flights efficiently and manage air traffic flow at airports. There will be greater demand for new technologies, mainly VoIP, remote towers, predictive technologies, and automation systems. Frost & Sullivan anticipates the global commercial ATM market to reach $5.21 billion by 2025.
'The global commercial ATM market is witnessing steady growth due to the gradual increase in implementation of new technologies such as MLAT and VoIP and the decommissioning of old technologies such as non-directional beacons (NDB), Doppler Very High Frequency Omni Range (DVOR) and primary radars', said Priyanka Chimakurthi, Research Analyst, Aerospace and Defence at Frost & Sullivan. 'Modernisation programmes such as SESAR in Europe and NextGen in the US aim to optimise air traffic operations by upgrading systems and making them globally interoperable. This results in airspace capacity expansion and optimised flight paths for aircraft operators'.
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Further trends driving growth opportunities in the ATM industry include:
For participants to maintain long-term growth, Chimakurthi recommends further investment in data and aftermarket strategies, openness towards collaboration, and continued product development through consistent investment in research and development.
'Cybersecurity is a recurring theme and a hygiene factor across markets, including ATM; future success in connected aviation will be driven by cyber credentials', noted Chimakurthi.
Global Commercial Air Traffic Management (ATM) Market, Forecast to 2025 market intelligence identifies disruptive technologies, drivers and restraints, market share and the competitive environment for players such as Indra, Harris, Thales, and Leidos. Adjacent industries such as unmanned traffic management, VTOL and electric vehicles are also discussed with key findings, market engineering measurements and revenue forecasts provided for segments, including communication, navigation, surveillance, automation and simulation systems.
Global Commercial Air Traffic Management (ATM) Market, Forecast to 2025 is part of Frost & Sullivan's global Aerospace, Defense & Security Growth Partnership Services program.
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Global Commercial Air Traffic Management (ATM) Market, Forecast to 2025
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