The aircraft sequencing system market is expected to witness robust growth over the course of coming years, at an estimated double-digit growth rate during 2018-2027. As indicated by the latest released intelligence study of Future Market Insights, the global market for aircraft sequencing system will expand at 11.5% CAGR over 2018-2027, prominently driven by rapid growth in the number of air passengers and constantly improving air trade scenario.
However, the increasing air traffic has increased the problems faced by aircraft sequencing systems and air traffic controlling systems. The aircraft sequencing system for an airport are influenced by factors such as the angle of an aircraft with the runway while landing, the number of runways and weather conditions. Reduction in the delay times, safety and effective air traffic control are some of the benefits offered by aircraft sequencing systems.
The sequencing of a landing aircraft is influenced by the Ground Delay Program. Aircraft sequencing systems find applications in maintaining the safety of aircrafts depending upon the size of the aircraft. The performance of aircraft sequencing systems can be assessed by factors such as aircraft throughput, passenger throughput and passenger waiting time. Aircraft sequencing systems fulfil the gaps between the scheduled sequences of aircrafts that occur due to the randomness of air traffic.
In addition to increasing investments in the enhancement of aircraft handling capacity of airports has been resulting in an increase in the number of runways and improved performance of existing airports. Enhancing abilities of airports to adapt to adverse weather conditions of multiple countries to deliver superior performance will remain an important factor associated with the aircraft sequencing system market.
Key trends observed in the aircraft sequencing system market: The growth of the aviation industry is rapidly boosting the adoption of aircraft sequencing systems, worldwide
Canada, Sweden, Norway, Denmark, Thailand and the United Arab Emirates are some of the countries that are investing on the development and expansion of airports, which is likely to drive the aircraft sequencing system market. The aircraft sequencing system market in these countries is expected to witness considerable growth during the forecast period.
According to World Bank, the Pacific Aviation Investment Project is expected to improve the international air transport infrastructure in East Asia and Pacific. These projects in the aviation industry are expected to boost the aircraft sequencing system market.
According to the International Air Transport Association, the number of global scheduled passenger flights is expected to increase, which is expected to boost the aircraft sequencing system market during the forecast period.
Opportunities in the aircraft sequencing system market: The focus of airport authorities on reducing flight delay times under traffic conditions and offering better services to passengers through the adoption of aircraft sequencing systems
Airport authorities are focusing on providing better services to passengers by reducing delay times. This is expected to be achieved with the help of aircraft sequencing systems. Regions such as Europe and Asia Pacific are focusing on the expansion of their existing airports and the construction of new airports to meet the increasing demand for air traffic. Thus, the aircraft sequencing system market is expected to find new opportunities in these regions in the future.
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Challenges facing aircraft sequencing system market: The cyclic nature of certain economies is expected to challenge the growth of aircraft sequencing system market
The growth of the airline industry depends upon the strength of the economy. The cyclic nature of the economy is expected to result in a very dynamic airline industry. The dynamic nature of the aviation industry is expected to pose challenges for the growth of the aircraft sequencing system market. In addition, weather conditions play an important role in the performance of aircraft sequencing systems. Thus, it requires fast and reliable solutions for the sequencing of aircraft.
These companies are expected to provide efficient aircraft sequencing systems across the world. Prominent vendors of the aircraft sequencing system market are providing new technologies, which is directly helping in construction an innovative infrastructure.
Key Segments for the Aircraft Sequencing System Market:
By Type of Airport
- Training Institute
Regions Covered in the Aircraft Sequencing System Market Report:
- North America
- Latin America
- Rest of Latin America
- Rest of Europe
- Rest of APEJ
- GCC Countries
- South Africa
- Rest of MEA