The global air traffic management (ATM) software market is experiencing a significant growth due to construction of new airports. Air traffic management consists of all systems that assist aircrafts to depart, land, and travel through airspace. Air traffic management software is used to capture & fuse voice, radar, CCTV video and other data to provide a synchronous view and 360-degree visibility into incidents in an air space. Air traffic management system includes air traffic services (ATS), airspace management (ASM), and air traffic flow and capacity management (ATFCM). Main objective of air traffic management is to regulate to ensure smooth aircraft flow to avoid congestion in airspace.
Download Report Sample TOC : https://www.alliedmarketresearch.com/request-toc-and-sample/9413
COVID-19 scenario analysis:
Air traffic management has been particularly impacted by government-imposed travel ban and grounding of flights, owing to the COVID-19 scenario.
ATM system manufacturers are facing operational issues due disturbance in supply chain of raw materials & components, caused by the obligatory lockdown imposed by authorities to slow the spread of COVID-19.
Airports are forced to delay the on-going projects of airport construction and upgradation, in the wake of COVID-19 pandemic.
Aviation industry is suffering financial losses in maintenance of airlines & airports without any growth in revenue, due fall in air passenger traffic after the COVID-19 outbreak.
Top impacting factors: market scenario analysis, trends, drivers and impact analysis
Surge in investments in airports globally, increase in demand for smart ATM systems, and rise in adoption of remote & virtual towers are the factors that drive the global air traffic management software market. However, high deployment cost and training cost for modern technology hinders the market growth. On the contrary, modernization of ATM, increasing number of airports, digital predictive techniques, and artificial intelligence present new pathways in the industry.
Request Customization : https://www.alliedmarketresearch.com/request-for-customization/9413
The global air traffic management software market trends are as follows:
Surge in investments in airports globally
Increase in air passenger traffic has led to growth in number to new airports globally as well as increase in aircraft fleet size. Moreover, airports invest in construction of new air traffic control (ATC) towers to increase its ability of control more aircraft traffic. For instance, Kolkata airport (an airport in West Bengal, India) is expected to finish the construction of new control tower, by end of 2020, to replace the existing control tower. Hence, continuous investments in airport globally, to enhance the efficiency of air traffic management operations is expected to drive the global air traffic management market.
Rise in adoption of remote & virtual towers
Remote & virtual towers are used to regulate, assist, and maintain orderly air traffic operations remotely, unlike the local ground-based control tower. Remote towers are being adopted quickly by modern airports for faster & safe airport operation. For instance, in December 2018, Saarbrucken Airport (an airport in Saarland, Germany) deployed the Germany’s first remote tower to control air traffic from a city Leipzig (a city in Germany), 450 KM away from Saarbrucken. This remote tower is operated by Deutsche Flugsicherung (DFS), the company in-charge of air traffic control for Germany. Such investments in remote & virtual towers to increase air traffic management efficiency is expected to boost the global air traffic management market.
Interested to Procure The Data? Inquire here at : https://www.alliedmarketresearch.com/purchase-enquiry/9413
Key benefits of the report:
- This study presents the analytical depiction of the global air traffic management software industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global air traffic management software market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global air traffic management software market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global air traffic management software market analysis based on competitive intensity and how the competition will take shape in coming years.
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
Web: http://www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com