Global Air Traffic Management Market Size, Competitive Analysis and Forecast to 2028
Summary
Global Air Traffic Management industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
Air Traffic Management (ATM) involves managing traffic in and around airports, airport terminals, and surrounding airspace. The market deals with ATM equipment and services. The main goal of air traffic management is to speed up the flow of air traffic and prevent planes from colliding with one another. One of the major market drivers is the growing volume of air traffic globally. As more people and goods travel by air, the need for efficient and effective air traffic management systems becomes crucial to ensure safety and optimize the use of airspace.
The global air traffic management market had total revenues of $8.4 billion in 2023, representing a negative compound annual growth rate (CAGR) of 0.1% between 2018 and 2023.
The civil segment accounted for the market's largest proportion in 2023, with total revenues of $5.4 billion, equivalent to 63.9% of the market's overall value.
As per GlobalData, in 2023, North America accounting for a share of 46.2% was the largest air traffic management market worldwide, followed by Europe and Asia-Pacific accounting for a share of 18.7% and 14.7%, respectively.
Scope
Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the air traffic management market in the global
Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the global air traffic management market
Leading company profiles reveal details of key air traffic management market players’ global operations and financial performance
Add weight to presentations and pitches by understanding the future growth prospects of the Global air traffic management market with five year forecasts
Reasons to Buy
What was the size of the Global air traffic management market by value in 2023?
What will be the size of the Global air traffic management market in 2028?
What factors are affecting the strength of competition in the Global air traffic management market?
How has the market performed over the last five years?
What are the main segments that make up the global's air traffic management market?
1.Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2.Market Overview
2.1. Market definition
2.2. Market analysis
3.Market Data
3.1. Market value
4.Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5.Market Outlook
5.1. Market value forecast
6.Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7.Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do the leading players follow?
7.3. What significant partnerships have been established in recent years?
7.4. What are the recent developments in the market?
8.Company Profiles
8.1. RTX Corporation
8.2. Thales SA
8.3. Indra Sistemas, S.A.
8.4. L3Harris Technologies, Inc.
9.Macroeconomic Indicators
9.1. Country data
10.Appendix
10.1. Methodology
10.2. Industry associations
10.3. Related GlobalData research
11.About GlobalData
LIST OF TABLES
Table 1: Global air traffic management market value: $ million, 2018–23
Table 2: Global air traffic management market category segmentation: % share, by value, 2018–2023
Table 3: Global air traffic management market category segmentation: $ million, 2018-2023
Table 4: Global air traffic management market geography segmentation: $ million, 2023
Table 5: Global air traffic management market value forecast: $ million, 2023–28