Air Traffic Management Market
Global Air Traffic Management Market Size, Share & Trends Analysis Report By Component (Hardware, and Software), by System (Air Traffic Control, Airspace Management, Air Traffic Flow Management, and Others), By End-User (Commercial and Tactical), and Forecast 2020-2026 Update Available - Forecast 2024-2030
The global air traffic management market is projected to grow at a significant CAGR during the forecast period. Air traffic management includes those systems which support the aircraft from its departure from an airport to its landing at a destination airport, including the transit phase. The primary factors that drive the growth of the market include the increased preferences of consumers towards air travel in comparison with other modes of travel. Besides, the new airport’s development and upgrading of existing airports across the globe are also contributing to the market growth during the forecast period.
The increase in the aviation industry leads to an increase in the number of airports which in turn demands aircraft and hence management options. According to the International Air Transport Association (IATA), China is expected to replace the US as the world’s largest aviation market in 2024. Whereas India is projected to take over UK for third place in 2025, while Indonesia and Japan will be ranked 5th and 7th respectively. Additionally, it is estimated that for air travel around 817 million new passengers will be added to account for a total of 1.3 billion in 2035 in China. Whereas, 322 million new additional passengers will surplus to account for a total of 442 million in India, which directly affects the overall air traffic management market growth during the forecast period.
Segmental Outlook
The global air traffic management market is segmented on the basis of components, systems, and end-user. Based on the component, the market is segmented into hardware and software. Based on the system, the market is segmented into air traffic control, airspace management, air traffic flow management, and others. Based on the end-user, the market is bifurcated into commercial and tactical.
Global Air Traffic Management System Market by System, 2019 (%)
Air Traffic Control to Significantly Contribute to the Market Growth
Amongst the systems of the global air traffic management market, the air traffic control segment is projected to contribute a significant share in the market growth during the forecast period. The segmental growth is attributed to the increase in the global air traffic and the need to control it along with the modernization of the airports to facilitate secure and seamless control operations. The air traffic control primarily aids in preventing collisions, organizing, and expediting the flow of the traffic along with providing the information. Thus, possessing these benefits, the air traffic control segment is likely to witness growth in the market during the forecast period.
Regional Outlook
The global air traffic management system market is geographically segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to grow significantly during the forecast period. The regional growth of the market is attributed to the presence of key manufacturers and the adoption of the latest technologies in the regions respectively, which contributes to the growth of the market. Asia-Pacific is likely to be the significantly growing region owing to the increased manufacturing of airports especially in the country such as China. Moreover, Europe also contributes to the market growth owing to the rapid adoption of modern air traffic management technologies.
Global Air Traffic Management System Market by Region, 2019 (%)
Market Players Outlook
Some of the prominent players operating in the global air traffic management system market include BAE Systems Plc, Honeywell International Inc., Northrop Grumman Corp., Thales Group, L3 Harris Technologies Inc., Raytheon Co., Saab AB, Lockheed Martin Corp., and others. These are the key companies adopting several organic and inorganic growth strategies such as product launches & developments, partnerships, agreements, and acquisitions to strengthen their product portfolios and maintain a competitive position in the global air traffic management system market.
For instance, in October 2019, Raytheon Com. signed a teaming agreement with WEY Technology, a global provider of advanced data visualization and operator control solutions, to co-develop the next-generation air traffic control workstation called Multi-platform ATC Re-hosting Solution, or MARS.
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global air traffic management system market. Based on the availability of data, information related to products & services, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Key Strategy Analysis
3.2. Key Company Analysis
3.2.1. L3 Harris technologies Inc.
3.2.1.1. Overview
3.2.1.2. Financial Analysis
3.2.1.3. SWOT Analysis
3.2.1.4. Recent Developments
3.2.2. Northrop Grumman Corp.
3.2.2.1. Overview
3.2.2.2. Financial Analysis
3.2.2.3. SWOT Analysis
3.2.2.4. Recent Developments
3.2.3. Thales Group
3.2.3.1. Overview
3.2.3.2. Financial Analysis
3.2.3.3. SWOT Analysis
3.2.3.4. Recent Developments
3.2.4. Honeywell International Inc.
3.2.4.1. Overview
3.2.4.2. Financial Analysis
3.2.4.3. SWOT Analysis
3.2.4.4. Recent Developments
3.2.5. BAE Systems PLC
3.2.5.1. Overview
3.2.5.2. Financial Analysis
3.2.5.3. SWOT Analysis
3.2.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Air Traffic Management Market by Component
5.1.1. Hardware
5.1.2. Software
5.2. Global Air Traffic Management Market by System
5.2.1. Air Traffic Control
5.2.2. Airspace Management
5.2.3. Air Traffic Flow Management
5.2.4. Others
5.3. Global Air Traffic Management Market by End-User
5.3.1. Commercial
5.3.2. Tactical
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. ACAMS Airport Tower Solutions
7.2. Adacel Technologies Ltd.
7.3. Advanced Navigation & Positioning Corp.
7.4. Avinor AS
7.5. Avitech GmbH
7.6. BAE Systems Plc
7.7. Frequentis AG
7.8. Honeywell International Inc.
7.9. Intelcan Technosystems Inc.
7.10. L3 Harris Technologies inc.
7.11. Leonardo S.p.A
7.12. Lockheed Martin Corp.
7.13. NATS Ltd.
7.14. Northrop Grumman Corp.
7.15. Raytheon Co.
7.16. Saab AB
7.17. Saipher ATC
7.18. Searidge Technologies Inc.
7.19. Serco Group PLC
7.20. Thales Group
1. GLOBAL AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
2. GLOBAL AIR TRAFFIC MANAGEMENT HARDWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
3. GLOBAL AIR TRAFFIC MANAGEMENT SOFTWARE MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
4. GLOBAL AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2019-2026 ($ MILLION)
5. GLOBAL AIR TRAFFIC CONTROL MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
6. GLOBAL AIRSPACE MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
7. GLOBAL AIR TRAFFIC FLOW MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
8. GLOBAL OTHERS SYSTEMS MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
9. GLOBAL AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
10. GLOBAL COMMERCIAL AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
11. GLOBAL TACTICAL AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY REGION, 2019-2026 ($ MILLION)
12. GLOBAL AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2019-2026 ($ MILLION)
13. NORTH AMERICAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
14. NORTH AMERICAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
15. NORTH AMERICAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2019-2026 ($ MILLION)
16. NORTH AMERICAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
17. EUROPEAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
18. EUROPEAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
19. EUROPEAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2019-2026 ($ MILLION)
20. EUROPEAN AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
21. ASIA-PACIFIC AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2019-2026 ($ MILLION)
22. ASIA-PACIFIC AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
23. ASIA-PACIFIC AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2019-2026 ($ MILLION)
24. ASIA-PACIFIC AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
25. REST OF THE WORLD AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2019-2026 ($ MILLION)
26. REST OF THE WORLD AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2019-2026 ($ MILLION)
27. REST OF THE WORLD AIR TRAFFIC MANAGEMENT MARKET RESEARCH AND ANALYSIS BY END-USER, 2019-2026 ($ MILLION)
1. GLOBAL AIR TRAFFIC MANAGEMENT MARKET SHARE BY COMPONENT, 2019 vs 2026 (%)
2. GLOBAL AIR TRAFFIC MANAGEMENT MARKET SHARE BY SYSTEM, 2019 vs 2026 (%)
3. GLOBAL AIR TRAFFIC MANAGEMENT MARKET SHARE BY END-USER, 2019 vs 2026 (%)
4. GLOBAL AIR TRAFFIC MANAGEMENT MARKET SHARE BY GEOGRAPHY, 2019 vs 2026 (%)
5. US AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
6. CANADA AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
7. UK AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
8. FRANCE AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
9. GERMANY AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
10. ITALY AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
11. SPAIN AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
12. ROE AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
13. INDIA AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
14. CHINA AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
15. JAPAN AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
16. REST OF ASIA-PACIFIC AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
17. REST OF THE WORLD AIR TRAFFIC MANAGEMENT MARKET SIZE, 2019-2026 ($ MILLION)
