Construction of new airports across the globe are gaining traction at the moment. Aviation authorities in their respective countries are working toward providing air traffic services to new & upcoming airports in their region, which fuels the growth of the market. For instance, in 2022, in India, Airport Authority of India (AAI) and Yamuna International Airport Private Limited (YIAPL) signed an agreement, under which Airport Authority of India will provide air traffic services at the upcoming Noida International Airport at Jewar in Greater Noida. In addition, the facility will also be equipped with Advanced Surface Movement Guidance and Control Systems and ATS automation systems.
The air traffic management market is segmented on the basis of system, application, offering, end use, and region. By system, it is classified into air traffic services, air traffic flow management, and others. By application, it is fragmented into communication, navigation, surveillance, and automation and simulation. By offering, it is categorized into hardware, and software and services. By end use, it is segmented into commercial, military, and others. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Some leading companies profiled in the report include Thales Group, Raytheon Technologies Corporation, L3Harris Technologies Inc., Indra Sistemas S. A., Saab AB, Northrop Grumman Corporation, BAE Systems, Honeywell International Inc., Advanced Navigation and Positioning Corporation, and Lockheed Martin Corporation.
KEY BENEFITS FOR STAKEHOLDERS
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the air traffic management market analysis from 2021 to 2031 to identify the prevailing air traffic management market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the air traffic management market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global air traffic management market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By System
- Air Traffic Services
- Air Traffic Flow Management
- Others
By Application
- Communication
- Navigation
- Surveillance
- Automation and Simulation
By Offering
- Hardware
- Software and Services
By End Use
- Commercial
- Military
- Others
By Region
- North America
- U. S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Italy
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- Indra Sistemas, S. A.
- Saab AB
- Thales
- Honeywell International Inc.
- Raytheon Technologies Corporation
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Advanced Navigation and Positioning Corporation
- BAE Systems plc
- L3Harris Technologies, Inc.
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Table of Contents
CHAPTER 1: INTRODUCTION1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: AIR TRAFFIC MANAGEMENT MARKET, BY SYSTEM
4.1 Overview
4.1.1 Market size and forecast
4.2 Air Traffic Services
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market share analysis by country
4.3 Air Traffic Flow Management
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market share analysis by country
4.4 Others
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market share analysis by country
CHAPTER 5: AIR TRAFFIC MANAGEMENT MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Communication
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market share analysis by country
5.3 Navigation
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market share analysis by country
5.4 Surveillance
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market share analysis by country
5.5 Automation and Simulation
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market share analysis by country
CHAPTER 6: AIR TRAFFIC MANAGEMENT MARKET, BY OFFERING
6.1 Overview
6.1.1 Market size and forecast
6.2 Hardware
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market share analysis by country
6.3 Software and Services
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market share analysis by country
CHAPTER 7: AIR TRAFFIC MANAGEMENT MARKET, BY END USE
7.1 Overview
7.1.1 Market size and forecast
7.2 Commercial
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market share analysis by country
7.3 Military
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market share analysis by country
7.4 Others
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market share analysis by country
CHAPTER 8: AIR TRAFFIC MANAGEMENT MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by System
8.2.3 North America Market size and forecast, by Application
8.2.4 North America Market size and forecast, by Offering
8.2.5 North America Market size and forecast, by End Use
8.2.6 North America Market size and forecast, by country
8.2.6.1 U. S.
8.2.6.1.1 Key market trends, growth factors and opportunities
8.2.6.1.2 Market size and forecast, by System
8.2.6.1.3 Market size and forecast, by Application
8.2.6.1.4 Market size and forecast, by Offering
8.2.6.1.5 Market size and forecast, by End Use
8.2.6.2 Canada
8.2.6.2.1 Key market trends, growth factors and opportunities
8.2.6.2.2 Market size and forecast, by System
8.2.6.2.3 Market size and forecast, by Application
8.2.6.2.4 Market size and forecast, by Offering
8.2.6.2.5 Market size and forecast, by End Use
8.2.6.3 Mexico
8.2.6.3.1 Key market trends, growth factors and opportunities
8.2.6.3.2 Market size and forecast, by System
8.2.6.3.3 Market size and forecast, by Application
8.2.6.3.4 Market size and forecast, by Offering
8.2.6.3.5 Market size and forecast, by End Use
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by System
8.3.3 Europe Market size and forecast, by Application
8.3.4 Europe Market size and forecast, by Offering
8.3.5 Europe Market size and forecast, by End Use
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Key market trends, growth factors and opportunities
8.3.6.1.2 Market size and forecast, by System
8.3.6.1.3 Market size and forecast, by Application
8.3.6.1.4 Market size and forecast, by Offering
8.3.6.1.5 Market size and forecast, by End Use
8.3.6.2 Germany
8.3.6.2.1 Key market trends, growth factors and opportunities
8.3.6.2.2 Market size and forecast, by System
8.3.6.2.3 Market size and forecast, by Application
8.3.6.2.4 Market size and forecast, by Offering
8.3.6.2.5 Market size and forecast, by End Use
8.3.6.3 France
8.3.6.3.1 Key market trends, growth factors and opportunities
8.3.6.3.2 Market size and forecast, by System
8.3.6.3.3 Market size and forecast, by Application
8.3.6.3.4 Market size and forecast, by Offering
8.3.6.3.5 Market size and forecast, by End Use
8.3.6.4 Italy
8.3.6.4.1 Key market trends, growth factors and opportunities
8.3.6.4.2 Market size and forecast, by System
8.3.6.4.3 Market size and forecast, by Application
8.3.6.4.4 Market size and forecast, by Offering
8.3.6.4.5 Market size and forecast, by End Use
8.3.6.5 Rest of Europe
8.3.6.5.1 Key market trends, growth factors and opportunities
8.3.6.5.2 Market size and forecast, by System
8.3.6.5.3 Market size and forecast, by Application
8.3.6.5.4 Market size and forecast, by Offering
8.3.6.5.5 Market size and forecast, by End Use
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by System
8.4.3 Asia-Pacific Market size and forecast, by Application
8.4.4 Asia-Pacific Market size and forecast, by Offering
8.4.5 Asia-Pacific Market size and forecast, by End Use
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Key market trends, growth factors and opportunities
8.4.6.1.2 Market size and forecast, by System
8.4.6.1.3 Market size and forecast, by Application
8.4.6.1.4 Market size and forecast, by Offering
8.4.6.1.5 Market size and forecast, by End Use
8.4.6.2 Japan
8.4.6.2.1 Key market trends, growth factors and opportunities
8.4.6.2.2 Market size and forecast, by System
8.4.6.2.3 Market size and forecast, by Application
8.4.6.2.4 Market size and forecast, by Offering
8.4.6.2.5 Market size and forecast, by End Use
8.4.6.3 India
8.4.6.3.1 Key market trends, growth factors and opportunities
8.4.6.3.2 Market size and forecast, by System
8.4.6.3.3 Market size and forecast, by Application
8.4.6.3.4 Market size and forecast, by Offering
8.4.6.3.5 Market size and forecast, by End Use
8.4.6.4 South Korea
8.4.6.4.1 Key market trends, growth factors and opportunities
8.4.6.4.2 Market size and forecast, by System
8.4.6.4.3 Market size and forecast, by Application
8.4.6.4.4 Market size and forecast, by Offering
8.4.6.4.5 Market size and forecast, by End Use
8.4.6.5 Rest of Asia-Pacific
8.4.6.5.1 Key market trends, growth factors and opportunities
8.4.6.5.2 Market size and forecast, by System
8.4.6.5.3 Market size and forecast, by Application
8.4.6.5.4 Market size and forecast, by Offering
8.4.6.5.5 Market size and forecast, by End Use
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by System
8.5.3 LAMEA Market size and forecast, by Application
8.5.4 LAMEA Market size and forecast, by Offering
8.5.5 LAMEA Market size and forecast, by End Use
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Latin America
8.5.6.1.1 Key market trends, growth factors and opportunities
8.5.6.1.2 Market size and forecast, by System
8.5.6.1.3 Market size and forecast, by Application
8.5.6.1.4 Market size and forecast, by Offering
8.5.6.1.5 Market size and forecast, by End Use
8.5.6.2 Middle East
8.5.6.2.1 Key market trends, growth factors and opportunities
8.5.6.2.2 Market size and forecast, by System
8.5.6.2.3 Market size and forecast, by Application
8.5.6.2.4 Market size and forecast, by Offering
8.5.6.2.5 Market size and forecast, by End Use
8.5.6.3 Africa
8.5.6.3.1 Key market trends, growth factors and opportunities
8.5.6.3.2 Market size and forecast, by System
8.5.6.3.3 Market size and forecast, by Application
8.5.6.3.4 Market size and forecast, by Offering
8.5.6.3.5 Market size and forecast, by End Use
CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments
CHAPTER 10: COMPANY PROFILES
10.1 Raytheon Technologies Corporation
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 L3Harris Technologies Inc.
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 Indra Sistemas S. A.
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 Saab AB
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Advanced Navigation and Positioning Corporation
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Thales
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Lockheed Martin Corporation
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 BAE Systems
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Honeywell International Inc.
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 Northrop Grumman Corporation
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
Executive Summary
The Air Traffic Management Market is likely to experience a growth rate of 7.5% from 2022-2031 owing to increasing market demand from commercial sector.Air traffic management includes use of surface movement and surveillance radars, holographic radars, navigation and surveillance systems, voice communication control systems, and ultra-high frequency (UHF) and very high frequency (VHF) communication systems. Flight data information display equipment, collision avoidance systems, radio modems and transceivers, noise monitoring systems, and meteorological sensors and displays are used in air traffic management to offer safety, efficiency, and situational awareness.
Significant factors that impact growth of the air traffic management market include increase in requirement for enhanced air safety, rise in air traffic, and greater investments in modernization of air traffic management infrastructure. However, high costs associated with air traffic management infrastructure and threats from cyber-attacks restrict the growth of the global air traffic management market. Furthermore, rise in demand for air traffic management solutions from developing countries and technological advancements would provide growth opportunities in the global air traffic management market in the coming years.
Several countries across the globe are awarding contracts to key companies operating in the air traffic management market to deliver air traffic flow management (ATFM) systems, which is fueling the growth of the segment. For instance, in 2021, Republica Dominicana, Instituto Dominicano de Aviacion Civil (IDAC) awarded a contract to Metro Aviation to deliver air traffic flow management systems. The contract was awarded to Metro aviation owing to its 'Harmony' air traffic flow management (ATFM) system, which is able to minimize delay, maximize airport & airspace throughput, and reduces CO2 emissions.
The air traffic management market is segmented on the basis of system, application, offering, end use, and region. By system, it is classified into air traffic services, air traffic flow management, and others. By application, it is fragmented into communication, navigation, surveillance, and automation and simulation. By offering, it is categorized into hardware, software and services. By end use, it is segmented into commercial, military, and others. By region, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
The key players profiled in the study include Thales Group, Raytheon Technologies Corporation, L3Harris Technologies Inc., Indra Sistemas S.A., Saab AB, Northrop Grumman Corporation, BAE Systems, Honeywell International Inc., Advanced Navigation and Positioning Corporation, and Lockheed Martin Corporation. The players in the market have been actively engaged in the adoption of various strategies such as acquisition, product launch and collaboration to remain competitive and gain advantage over the competitors in the market. For instance, in December 2021, Thales and Aeronav collaborated to supply new CNS/ATM (Communication, Navigation Surveillance/Air Traffic Management) systems to Haiti's civil aviation authority (Office National de l'Aviation Civile - OFNAC) to upgrade and optimize the country's air traffic management capabilities.
Key Market Insights
By system, the air traffic services segment was the highest revenue contributor to the market, and is estimated to reach $11.8 billion by 2031, with a CAGR of 7.0%.By application, the communication segment dominated the global market, and is estimated to reach $6.6 billion by 2031, with a CAGR of 6.5%.
Based on end use, the commercial segment was the highest revenue contributor to the market, with $5.6 billion in 2021, and is estimated to reach $11.7 billion by 2031, with a CAGR of 7.8%.
Based on region, Asia-Pacific was the highest revenue contributor, accounting for $2.9 billion in 2021, and is estimated to reach $6.5 billion by 2031, with a CAGR of 8.5%.
Companies Mentioned
- Indra Sistemas, SA
- Saab Ab
- Thales
- Honeywell International Inc.
- Raytheon Technologies Corporation
- Lockheed Martin Corporation
- Northrop Grumman Corporation
- Advanced Navigation and Positioning Corporation
- Bae Systems PLC
- L3Harris Technologies, Inc.
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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