Global Air Traffic Management Market Is Expected to Reach $102.35 Billion by 2022; Finds New Report
Global Air Traffic Management (ATM) market is expected to grow from $47.9 billion in 2016 to reach $102.35 billion by 2022 with a CAGR of 13.5%. Growing air traffic, development of new airports infrastructure, introduction of new aircrafts and modernization of ATM infrastructure are the factors driving the market. However, high cost associated with ATM systems and stringent regulatory norms may hinder the market growth. Growth in emerging economies is the major opportunity for vendors in Air Traffic Management (ATM)...
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