Asia-pacific Air Traffic Management Market Forecast 2023-2032KEY FINDINGS
The Asia-Pacific air traffic management market is projected to record a CAGR of 5.19% during the forecast period, 2023-2032. The increasing passenger and cargo aircraft traffic is one of the major growth drivers. For instance, as per the International Civil Aviation Organization (ICAO), the region is among the leading regions globally. However, the market growth is restrained by unstable investments with regard to the upgradation of ATM infrastructure.
MARKET INSIGHTS
Vietnam, Thailand, Indonesia, China, Australia & New Zealand, Japan, India, South Korea, and Rest of Asia-Pacific are evaluated for the Asia-Pacific air traffic management market growth analysis. In India, the rapidly increasing passenger volume, environmental regulations, and new air traffic management demands drive market growth. Also, the digital transformation is revamping the airport industry through the incorporation of the Internet of Things (IoT)-enabled technologies to aid airports in optimizing their operations and facilitate safe & timely passenger travel.
Further, airport modernization programs are on a surge in India, with sophisticated, new hardware replacing outdated air traffic management systems to supplement a steep growth in aircraft movements. Additionally, the government is planning to construct around 100 airports by 2035.
Furthermore, in Australia, the development of tier 2 and tier 3 airports for enhanced regional connectivity for increased revenue from trade & tourism offers growth opportunities. Besides, the country is focusing on a single sky concept and implementing new advanced air traffic control systems. Moreover, the rising passenger traffic and the improving economic conditions further contribute to market growth.
COMPETITIVE INSIGHTS
Some of the prominent companies in the market include Thales Group, Northrop Grumman, Saab AB, Raytheon Technologies, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• The competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.5. Major Market Findings
- 2.5.1. Rising Population And Increasing Disposable Income
- 2.5.2. High Growth In Commercial & Military Flights
- 2.5.3. Impact Of Technological Advancements
- 2.5.4. Consolidated Presence Of Major Key Players
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Growing Investments Due To Increasing Passenger Traffic
- 3.1.2. Emerging Advanced Technologies And Modernization Of Atm Infrastructure
- 3.1.3. Rising Number Of Airports
- 3.1.4. Need For Safer & More Secure Services
- 3.2. Key Restraints
- 3.2.1. Airborne Equipment Standards
- 3.2.2. Inter-jurisdictional Issues
- 3.2.3. Disruption In Commercial Aviation Due To Growing Space Traffic
- 3.2.4. Operational Challenges And High Costs Of Modernization Projects
- 4. Key Analytics
- 4.1. Key Technology Trends
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.3.1. China
- 4.3.1.1. Aircraft Movement
- 4.3.1.2. Air Transport Infrastructure Quality
- 4.3.1.3. Recent Modernization Projects
- 4.4. Market Maturity Analysis
- 4.5. Market Concentration Analysis
- 5. Market By Airport Size
- 5.1. Small Airport Size
- 5.2. Medium Airport Size
- 5.3. Large Airport Size
- 6. Market By Domain
- 6.1. Air Traffic Control
- 6.2. Air Traffic Flow Management
- 6.3. Aeronautical Information Management
- 7. Market By Offering
- 7.1. Hardware
- 7.2. Software
- 7.3. Services
- 8. Geographical Analysis
- 8.1. Asia-pacific
- 8.1.1. Market Size & Estimates
- 8.1.2. Asia-pacific Air Traffic Management Market Drivers
- 8.1.3. Asia-pacific Air Traffic Management Market Challenges
- 8.1.4. Asia-pacific Air Traffic Management Market Regulatory Framework
- 8.1.5. Key Players
- 8.1.6. Country Analysis
- 8.1.6.1. China
- 8.1.6.1.1. China Air Traffic Management Market Size & Opportunities
- 8.1.6.2. Japan
- 8.1.6.2.1. Japan Air Traffic Management Market Size & Opportunities
- 8.1.6.3. India
- 8.1.6.3.1. India Air Traffic Management Market Size & Opportunities
- 8.1.6.4. South Korea
- 8.1.6.4.1. South Korea Air Traffic Management Market Size & Opportunities
- 8.1.6.5. Indonesia
- 8.1.6.5.1. Indonesia Air Traffic Management Market Size & Opportunities
- 8.1.6.6. Thailand
- 8.1.6.6.1. Thailand Air Traffic Management Market Size & Opportunities
- 8.1.6.7. Vietnam
- 8.1.6.7.1. Vietnam Air Traffic Management Market Size & Opportunities
- 8.1.6.8. Australia & New Zealand
- 8.1.6.8.1. Australia & New Zealand Air Traffic Management Market Size & Opportunities
- 8.1.6.9. Rest Of Asia-pacific
- 8.1.6.9.1. Rest Of Asia-pacific Air Traffic Management Market Size & Opportunities
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Acquisitions
- 9.1.2. Product Launches & Developments
- 9.1.3. Partnerships & Agreements
- 9.2. Company Profiles
- 9.2.1. Bae Systems
- 9.2.1.1. Company Overview
- 9.2.1.2. Financial Analysis
- 9.2.1.3. Products / Services List
- 9.2.1.4. Strengths & Challenges Analysis
- 9.2.2. Honeywell
- 9.2.2.1. Company Overview
- 9.2.2.2. Financial Analysis
- 9.2.2.3. Products / Services List
- 9.2.2.4. Strengths & Challenges Analysis
- 9.2.3. Indra Sistemas Sa
- 9.2.3.1. Company Overview
- 9.2.3.2. Financial Analysis
- 9.2.3.3. Products / Services List
- 9.2.3.4. Strengths & Challenges Analysis
- 9.2.4. L3harris Technologies
- 9.2.4.1. Company Overview
- 9.2.4.2. Financial Analysis
- 9.2.4.3. Products / Services List
- 9.2.4.4. Strengths & Challenges Analysis
- 9.2.5. Leonardo Spa
- 9.2.5.1. Company Overview
- 9.2.5.2. Financial Analysis
- 9.2.5.3. Products / Services List
- 9.2.5.4. Strengths & Challenges Analysis
- 9.2.6. Lockheed Martin
- 9.2.6.1. Company Overview
- 9.2.6.2. Financial Analysis
- 9.2.6.3. Products / Services List
- 9.2.6.4. Strengths & Challenges Analysis
- 9.2.7. Northrop Grumman
- 9.2.7.1. Company Overview
- 9.2.7.2. Financial Analysis
- 9.2.7.3. Products / Services List
- 9.2.7.4. Strengths & Challenges Analysis
- 9.2.8. Raytheon Technologies
- 9.2.8.1. Company Overview
- 9.2.8.2. Financial Analysis
- 9.2.8.3. Products / Services List
- 9.2.8.4. Strengths & Challenges Analysis
- 9.2.9. Saab Ab
- 9.2.9.1. Company Overview
- 9.2.9.2. Financial Analysis
- 9.2.9.3. Products / Services List
- 9.2.9.4. Strengths & Challenges Analysis
- 9.2.10. Thales Group
- 9.2.10.1. Company Overview
- 9.2.10.2. Financial Analysis
- 9.2.10.3. Products / Services List
- 9.2.10.4. Strengths & Challenges Analysis
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