Air Traffic Management Market to exceed $10 billion by 2025 due to growing airports development
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U.S., Sept. 11 -- According to a new research, Air Traffic Management Market size is anticipated to exceed $10 billion by 2025
The rise in passenger traffic and improvement in the global economy will augment air traffic management market growth over the study timeframe. Air traffic in Asia Pacific is increasing and countries including India and China are looking for new airport developments to cater to the increasing traffic. For instance, in 2019, India invested in two upcoming airports for Rajkot and Ahmedabad. China is investing in six new airports, which are expected to be completed by 2020.
The Federal Aviation Administration (FAA) along with other regulatory bodies is overseeing operations of air traffic management across the regi...
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