Air Traffic Management Market 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): Global Opportunity Analysis and Industry Forecast, 2021-2031
Air traffic management (ATM) involves activities for efficient and safe management of the national air system (NAS) in each country. ATM includes air traffic service, air traffic follow management, and airspace management. Air traffic services enable safe and orderly traffic flow through air traffic control services and offer required information to flight crews. It enables prevention of collisions and orderly flow of air traffic. Air traffic flow management regulates the flow of aircraft to avoid congestion. Airspace management is responsible for efficient control of airspace to accommodate both civil and military air traffic. It involves efficient allocation and structuring of airspace to offer improved air traffic services.
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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