New Study Forecasts Growth In Indian Air Traffic Management Market | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-06.10.24

Airborne-NextGen-06.11.24

Airborne-Unlimited-06.12.24 Airborne-FltTraining-06.13.24

Airborne-Unlimited-06.14.24

Tue, Mar 25, 2014

New Study Forecasts Growth In Indian Air Traffic Management Market

Expected To Be Worth $1.28 Billion Over Next Five Years

The market for ATM equipment and services in India will be worth $1.28 billion between 2015 and 2019, according to a comprehensive new study from aerospace and defense consultants PMI Media Limited. The market in India is being driven by three main factors: requirements to supply 50 new low-cost airports with navigation, communication and surveillance equipment; the equipping of new consolidated en-route centers and the introduction of next-generation systems such as ADS-B and precision satellite-based navigation concepts.

“India is modernizing its ATM infrastructure at a remarkably fast rate,” said Philip Butterworth-Hayes, author of the report. “According a United Nations June 2013 report the population of India is projected to surpass that of China by 2028. This means new airports, new airlines and new ATM systems to ensure growth can take place safely and with a minimum number of delays.” He said that “India has embraced the latest ICAO Global Air Navigation Plan to harmonize its development with programs in Europe and North America."

The report analyzes India’s current and strategic ATM development plans and “bottom-up” airport construction projects where new ATM systems will be needed.

“India has all the ingredients for an advanced ATM market,” said Butterworth-Hayes.  “There is private capital involvement, a vibrant domestic airline sector, modern satellite-based navigation infrastructure, oceanic areas and highly dense urban populations all requiring new generations of ATM systems.  Traffic is predicted to double by 2020. The Airport Authority of India has set a strategic ATM development plan to cater for annual traffic increases of 9% a year and a multi-directional investment approach which is needed to cater for aircraft operators, infrastructure providers and equipment manufacturers.”

FMI: www.pmi-media.com

Advertisement

More News

ANNouncement: Now Accepting Applications For Oshkosh 2024 Stringers!!!

An Amazing Experience Awaits The Chosen Few... Oshkosh, to us, seems the perfect place to get started on watching aviation recover the past couple of years... and so ANN is putting>[...]

Aero-News: Quote of the Day (06.13.24)

“NBAA has a tremendous responsibility to the business aviation industry, and we are constantly collaborating with them. Our flight departments, professionals and aircraft own>[...]

ANN's Daily Aero-Term (06.13.24): Dead Reckoning

Dead Reckoning Dead reckoning, as applied to flying, is the navigation of an airplane solely by means of computations based on airspeed, course, heading, wind direction, and speed,>[...]

ANN's Daily Aero-Linx (06.13.24)

Aero Linx: Vertical Aviation Safety Team (VAST) We are a public–private initiative to enhance worldwide flight operations safety in all segments of the vertical flight indust>[...]

ANN FAQ: How Do I Become A News Spy?

We're Everywhere... Thanks To You! Even with the vast resources and incredibly far-reaching scope of the Aero-News Network, every now and then a story that should be reported on sl>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC