Frost Radar™: Digitalization in Air Traffic Management, 2023
A Benchmarking System to Spark Companies to Action - Innovation that Fuels New Deal Flow and Growth Pipelines
Digitalization of the air traffic management industry enhances safety and efficiency. Air navigation service and air traffic management solution providers are working together to implement innovative technologies such as remote towers.
With advancements in navigation regulations (e.g., the Federal Aviation Administration mandate that all commercial aircraft and aircraft flying in Class A, B, and C airspace be equipped with transponders having ADS-B out capability), ADS-B technology that broadcasts an aircraft’s precise location using a transponder on the aircraft gained significant traction. ADS-B service providers are partnering with technology companies to provide predictive analytics solutions that support decisions with greater accuracy and actionable insights.
Companies experienced in air traffic management are responding to the rising demand for drones by diversifying into unmanned traffic management (UTM) solutions, creating new avenues for growth. This collective pursuit of innovation positions the industry for a more efficient and technologically advanced future.
Frost & Sullivan analyzes numerous companies in an industry. Those selected for further analysis based on their leadership or other distinctions are benchmarked across 10 Growth and Innovation criteria to reveal their position on the Frost Radar™. The publication presents competitive profiles of each company on the Frost Radar™ considering their strengths and the opportunities that best fit those strengths.