International Airport Review
According to a recent study from market research firm Graphical Research, the North America air traffic management market size is poised to expand at substantial CAGR during the forecast period. North America air traffic management market share is expanding because of the strong government backing in the form of investments and plans. The Federal Aviation Administration (FAA), along with other regulatory agencies in the region, oversees supervising air traffic control activities throughout the region. Due to growing air passenger demand, these authorities are focusing on offering enhanced air traffic management services.
Lockheed Martin Corporation, Northrop Grumman Corporation, Raytheon Company, Thales Group, Leonardo S.p.A, Honeywell International Inc, and BAE Systems are among the leading air traffic management solution providers in North America. American countries are seeing an increasing number of passenger inflow, driving airport expansion.