The report says that digitalisation facilitates routine task automation & furnishes decision support tools for air traffic controllers
Growing digitalisation in the aviation sector is driving modernisation of air traffic management infrastructure, according to new report Air Traffic Management Market Report 2022-2023 by Dublin-based analyst firm ResearchAndMarkets.
According to the report, the air traffic management market is forecast to reach robust revenue growth up to 2033.
With an estimated value exceeding USD 11.30 billion in 2022, the report says that by comprehending the capabilities, advancements, and commercial potential of key players, businesses can strategically position themselves in this thriving sector.
It adds that advancements in air traffic management (ATM) are significantly driven by digital technologies. These technologies are reshaping various facets of ATM, augmenting efficiency, safety, and capacity within the airspace system.
The report says that digitalisation facilitates routine task automation and furnishes decision support tools for air traffic controllers. Advanced automation systems, including data processing algorithms and machine learning models, analyse vast real-time data volumes, providing controllers with valuable insights. These insights aid informed decision-making and optimise traffic flow.
According to the survey, there has been a shortage of skilled workforce in the air traffic management industry in recent years. This shortage can stem from several factors and possess implications for the industry as a whole.
It adds that many air traffic controllers and skilled professionals in the industry are approaching retirement age, leading to a loss of experienced workforce. Their departure creates a gap that is challenging to swiftly fill with new, adequately trained personnel.
