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Air Traffic Control Market Size, Share, Analysis, Report by 2029

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Air Traffic Control Market 

Air Traffic Control Market was valued at USD 9.1 billion in 2021 and is forecast to reach USD 13.8 billion in 2029, growing at a CAGR of 5.3% from 2022-2029

The factors driving the growth of Air Traffic Control Market includes increase in the air passenger traffic around the world, rise in the production of Unmanned Aerial Vehicles (UAV), construction of new airports, emerging need to reduce the burden on existing airspace management solutions and improvements in the living standards. As per the report published by International Civil Aviation Organization (ICAO), the total number of departures in 2018 were calculated around 37.8 million in 2018, showing an increase of 3.5% as compare the previous year, which will accelerate the Air Traffic Control (ATC) Market size in the approaching years. Moreover, growing adoption of advanced technologies such as Artificial Intelligence (AI), Machine Learning (ML) and Internet of Things (IoT), rise in Government’s expenditure on enhancing airport infrastructure and rapid urbanization, are some of the additional factors supplementing the market growth. In addition, the, increasing investments by major players on research and development, strategic partnerships between key players, and growing disposable incomes, are further contributing towards the market growth.

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However, growth of Air Traffic Control Market is hindered owing to high cost of air traffic control systems.

The prominent players operating in the Air Traffic Control Market are Adacel Technologies LTd, Leonardo S.p.A, Northrop Grumman Corporation, Raytheon Technologies Corporation, Thales Group, BAE Systems Plc, Honeywell International Inc., Indra Sistemas SA, Frequentis AG and Harris Technologies, Inc, among others.

Based on Airspace, the ATCT segment is predicted to grow at a significant CAGR during the forecast period

Growing concerns related to safety and technological advancements in air traffic control towers, are some of the factors responsible for the segment’s growth.

Based on Offering, the Software and solutions segment is projected to expand at a faster CAGR over the forecast period

Growing adoption of advanced technologies such as AI and IoT because it helps in reducing downtime, automatically updates flight plans, and provides real-time insights, are propelling growth of the segment.

Based on Region, the North American region is anticipated to capture the largest market share during the forecast period

Presence of the leading players such as Honeywell International Inc., Raytheon Technologies Corporation and Harris Technologies, increasing ai9r passenger traffic, growing population growth rates and high per capita incomes, are some of the important factors augmenting the market growth in North American region.

Key Developments

In 2018, BAE Systems Inc, was awarded contract worth USD 72 million from the U.S. to deliver landing systems and air traffic control services to the U.S. Navy facilities and ships.

In 2018, Honeywell International Inc, entered into partnership with FlightAware, a flight tracking data company. This partnership provided real-time information customers of both the companies through data link position reports, air traffic control radar systems and other technologies.

Market Segmentation

Segmentation by Airspace

ARTCC

TRACON

ATCT

Remote Tower

Segmentation by Application

Communication

Voice communication and recorder systems

HF/UHF/VHF radio systems

Automatic terminal information systems

Controller-pilot data link communications (CPDLC)

Navigation

Instrument landing system (ILS)

Runway Status Light (RWSL)

Distance measuring equipment (DME)

VHF omnidirectional radio range (VOR)

Precision approach radar (PAR)

Surveillance

Primary surveillance radar (PSR)

Automatic dependent surveillance-broadcast (ADS-B) ground station

Wide area multilateration (WAM)

Secondary surveillance radar (SSR)

Automation

ATC simulation system

Automatic warning system

Electronic flight strip (EFS)

Digital Tower

Surveillance data processing system (SDPS)

Others

Segmentation by Offering

Hardware

Radars

Antennas

Cameras

Control tower console

Display system

Other devices

Software and solutions

Communications recording and management

Data gathering and alert systems

Incident management

Interfacing and integration

Platform and suits

Services

Maintenance

ANSPs

Segmentation by Investment

Brownfield

Greenfield

Segmentation by Airport Size

Large

Medium

Small

Segmentation by Sector

Commercial

Defense

Segmentation by Region

Asia Pacific

China

Japan

India

Rest of APAC

North America

United States of America

Canada

Europe

United Kingdom

Germany

France

Spain

Rest of Europe

RoW

Brazil

South Africa

Saudi Arabia

UAE

About GMI Research

GMI Research is a market research and consulting firm which provides market insights and intelligence across 12 major sectors helping our clients in making effective investment and business decisions.

Media Contact

Company Name: GMI RESEARCH

Contact Person: Sarah Nash

Email: enquiry@gmiresearch.com

Phone: Europe – +353 1 442 8820; US – +1 860 881 2270

Address: Dublin, Ireland

Website: https://www.gmiresearch.com/


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