$18.78 Bn Air Traffic Management Market to 2025 by Airspace, Component, End Use, Investment Type, & Region - Global Forecast to 2025
BAE SYSTEMS PLC S/ADR (BAESY)
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Source: GlobeNewswire
Dublin, April 24, 2019 (GLOBE NEWSWIRE) -- The "Air Traffic Management Market by Airspace (Air Traffic Services, Flow Management, Airspace Management, Aeronautical Info Management), Component (Hardware, Software), End Use (Commercial, Tactical), Investment Type, Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering. The ATM market is projected to grow from USD 14.08 billion in 2018 to USD 18.78 billion by 2025, at a CAGR of 4.20% during the forecast period. Air Traffic Management (ATM) is the dynamic and integrated management of air traffic and airspace that involves airborne and ground-based functions to ensure safe, economical, and efficient airspace management and air traffic flow management. ATM provides services, such as communication, navigation, surveillance, and Air Traffic Services (ATS) procedures applicable to airspace and aerodromes. Its objective is to establish the required levels of safety and implement related
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