Air Traffic Management in Asia-Pacific Market Size, Competitive Analysis and Forecast to 2028

• Air Traffic Management (ATM) involves managing traffic in and around airports, airport terminals, and surrounding airspace. The market deals with ATM equipment and services. The main goal of air traffic management is to speed up the flow of air traffic and prevent planes from colliding with one another. One of the major market drivers is the growing volume of air traffic globally. As more people and goods travel by air, the need for efficient and effective air traffic management systems becomes crucial to ensure safety and optimize the use of airspace.
• The Asia-Pacific air traffic management market had total revenues of $1.2 billion in 2023, representing a compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
• The civil segment accounted for the market's largest proportion in 2023, with total revenues of $0.8 billion, equivalent to 68.1% of the market's overall value.
• Air travel across the region is boosting significantly due to the rising disposable income, middle-class population, and the standard of living in various developing countries such as China and India

Scope

• Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air traffic management market in Asia-Pacific
• Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the air traffic management market in Asia-Pacific
• Leading company profiles reveal details of key air traffic management market players’ global operations and financial performance
• Add weight to presentations and pitches by understanding the future growth prospects of the Asia-Pacific air traffic management market with five year forecasts

Reasons to Buy

• What was the size of the Asia-Pacific air traffic management market by value in 2023?
• What will be the size of the Asia-Pacific air traffic management market in 2028?
• What factors are affecting the strength of competition in the Asia-Pacific air traffic management market?
• How has the market performed over the last five years?
• What are the main segments that make up Asia-Pacific's air traffic management market?