Growth insight for Air Traffic Management Systems

Forecasts released for Zpryme Airline illustrate that the air traffic management systems (ATM) market is expected to grow from $5.9 billion in 2012 to $8.1 billion by 2020. In addition, the International Air Transport Association’s (IATA) latest industry traffic forecast shows that airlines expect to fly 3.6 billion passengers in 2016 approximately 800 million more than the 2.8 billion passengers carried by airlines in 2011.

With substantial air traffic expansion and aggressive ATM overhauls in developing countries Latin America and Middle East as well as the majority of airlines are aiming to continue to reduce costs.

Like high growth markets such as United States and United Kingdom that lead in international travel, Canada, which has implemented and developed next generation ATM technology since 1996, has seen improvements in employee and air traffic efficiencies. It has increased Canadian air space capacity to easily allow for increased air traffic. Canada is a solid example of the positive impacts ATM has.