Aircraft Sequencing Systems Market By Component (Software, Service), By Application (Commercial, Military, Training Center) - Growth, Future Prospects, And Competitive Analysis, 2019 - 2027

Ever-Increasing Air Traffic to Stimulate the Demand for Aircraft Sequencing Systems

The aircraft sequencing systems market is projected to witness a promising growth of 9.68% throughout the forecast period. Aircraft sequencing refers to the joint sequencing and scheduling of arriving and departing aircraft. Increasing air traffic demand, as well as rising flight delays, placed enormous stress on the whole Air Traffic Management (ATM) system, which costs passengers, airlines, and the overall economy several billions of dollars each year. Aircraft sequencing systems offer several benefits, including optimizing critical bottleneck operations within the ATM-related to departures, arrivals, and runways. With growing air traffic and airport infrastructure development, the market for aircraft sequencing systems is expected to surge at a promising rate over the following years.

Commercial Application to Cement the Dominating Position in the Aircraft Sequencing Systems Market

Based on application, the commercial segment contributed a major share of the overall aircraft sequencing systems market in 2018. The worldwide consumer base for commercial aviation has been increasing rapidly over the years. Such a rising air passenger population ultimately paves the way for increasing air traffic. Similarly, commercial aircraft production is witnessing a surge in demand for advanced aircraft with better avionics, control systems, components (airframe, interiors, landing gear), and energy-efficient engines. Thus, the growing commercial air traffic is expected to drive the aircraft sequencing systems market across the forecast period.

Emerging Markets Share in the Global Aircraft Sequencing Systems Market Continues to Rise at a Steady Rate

In 2018, the Asia-Pacific market witnessed the highest growth rate in terms of market value. Major contributors to the growth of the Asia Pacific aircraft sequencing systems market are increased air traffic, both within ASEAN countries and on global routes. Robust growth in both international and domestic travel is expected, with an order of approximately 13,000 new aircraft in the Asia-Pacific region.

The Asia Pacific region is projected to show robust economic growth due to factors such as trade agreements at regional levels, increased accessibility of air services, and GDP growth. This would thus meet the demand for rising corporate and tourist travelers from both domestic as well as international routes across the region. Countries such as India and China are projected to stabilize the growth attained by North American countries.

Key players in the global aircraft sequencing systems market include Eurocontrol, ATRiCS, Harris Corporation, ADB SAFEGATE, Amadeus IT Group, S.A., The Aerospace Corporation, Thales Group, Copperchase Ltd., Collins Aerospace, PASSUR Aerospace, Inc., and Airtospoft, among others.

Historical and Forecast Period

This research report presents the analysis of each segment from 2017 to 2027,considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

The aircraft sequencing systems market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of the global aircraft sequencing systems market based on component type, application, and geography. Key segments covered in the report are as follows:

Key questions are answered in this report

• What was the size of the market for aircraft sequencing systems in 2018, and what is the forecast up to 2027?
• Which is the largest regional market for aircraft sequencing systems?
• What are the key market trends observed in the aircraft sequencing systems market?
• Which are the most promising component types and applications in the aircraft sequencing systems market?
• Who are the key players leading the market?
• What are the key strategies adopted by the leading players in the market?
• What are the key technology trends in aircraft sequencing systems across different geographies and sub-geographies?

Frequently Asked Questions: