Wed, Oct 14, 2009
Airport Sector Alone Worth Over $600 Million
A new study shows expenditures on aeronautical information
systems (AIS) and aeronautical information management (AIM)
equipment and services is forecast to reach $2.2 billion between
2009 and 2018, according to a new study by air traffic management
market research company PMI Media Ltd. "The transition from AIS to
AIM will effectively create a new market for information providers,
as commercial companies will take over many of the responsibilities
currently being undertaken by state organizations," said PMI Media
editorial director Philip Butterworth-Hayes.
"There are currently four main sub-markets emerging: completing
the ICAO road map for transition to AIM and providing "value added"
AIM services to the aircraft-operator, airport and ANSP markets,"
according to Butterworth-Hayes. "Add training and consultancy to
the mix and suddenly this is a significant market for all
concerned."
"Integrating AIM data with airport management and operations
databases will create a market of over $600 million over the next
ten years," said Butterworth-Hayes.
The market will be driven by a rapid growth in data required per
flight to support performance-based navigation and aircraft
optimization operations. The availability of new standards and
technologies will allow for the increasing exchange of data across
stakeholders - but will blur the lines between state and commercial
providers, managers and distributors of aeronautical information,
according to PMI Media.
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