ATM market to touch US$97.30 billion mark by 2022
The Air Traffic Management (ATM) market is projected to grow from US$ 50.01 billion in 2016 to US$97.30 billion by 2022, at a CAGR of 11.73% during the forecast period. According to latest report, the global air traffic passenger demand in 2017 increased by 8.1 percent on the year before.
By 2018, traffic is projected to grow with another seven percent. On a global scale, passenger air travel is expected to maintain positive growth rates up to 2030.
Speech recognition technology for ATCOs
The popularity of air transport continues to grow, placing an even greater workload on Air Traffic Controllers (ATCOs). Their predicament can be solved through an automatic speech recognition system closely integrated with an arrival manager developed by European Union (EU) and SESAR-funded researchers.
The European air traffic network handles an average of 27,000 flights and 2.27 million passengers per day. Europe is investing heavily in modernising the Air Traffic Management (ATM) system through the Single European Sky ATM Research (SESAR) programme which is contributing to the EU Single European Sky (SES) legislative framework.
One of the greatest hurdles to introducing higher levels of automation in ATM is the intensive use of voice radio communication to convey Air Traffic Control (ATC) instructions to pilots. Automatic speech recognition, which converts human speech into texts, can provide a solution to significantly reduce ATCOs workloads and increase ATM efficiency.
Held under the patronage of His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and Chief Executive of Emirates Airline and Group, the three-day show will be held from 29 April – 1 May 2019.
7,500 visitors are expected to attend the B2B show. The show will take place over an exhibition space of over 15,000 square meters across three Zabeel halls of the iconic Dubai International Convention and Exhibition Centre (DICEC). Among the many world leading air traffic management companies participating at the event are Nokia, Hungaro Control, IHSE and Rohde & Schwarz.
Source: in partnership with Via Dubai magazine