North America Air Traffic Management Market Forecast 2023-2032KEY FINDINGS
The North America air traffic management market growth is anticipated to progress at a CAGR of 6.09% during the forecast period, 2023-2032. The airport upgradation programs and the presence of major players are among the major growth drivers of the region. Also, several leading Canadian aerospace companies, like Lockheed Martin Canada Inc, Airshare Inc, Airbus Group Canada, etc., provide a range of air traffic control, air traffic equipment, and air traffic management products.
MARKET INSIGHTS
Canada and the United States are evaluated for the North America air traffic management market growth analysis. In Canada, Vancouver International Airport, Boundary Bay Airport, Montréal–Pierre Elliott Trudeau International Airport, Calgary International Airport, and Toronto Pearson International Airport are among the busiest airports with regard to annual aircraft movements. Also, new airports are being constructed. For instance, the construction of a new control tower at the Pitt Meadows Regional Airport was completed in 2018, operated by Nav Canada. It was installed with a modern suite of tower technologies, including electronic flight strips and touchscreen monitors.
Furthermore, a similar air traffic control tower was constructed in 2017 by Nav Canada at the Region of Waterloo International Airport. The equipment installed included updated electronic strips, a new weather information display system, and ergonomically designed consoles. Such factors influence the Canada air traffic management market growth.
COMPETITIVE INSIGHTS
Some of the leading firms in the market include Northrop Grumman, Raytheon Technologies, Lockheed Martin, Leonardo SpA, 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. United States
- 4.3.1.1. Aircraft Movement
- 4.3.1.2. Air Transport Infrastructure Quality
- 4.3.1.3. Recent 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. North America
- 8.1.1. Market Size & Estimates
- 8.1.2. North America Air Traffic Management Market Drivers
- 8.1.3. North America Air Traffic Management Market Challenges
- 8.1.4. North America Air Traffic Management Market Regulatory Framework
- 8.1.5. Key Players
- 8.1.6. Country Analysis
- 8.1.6.1. United States
- 8.1.6.1.1. United States Air Traffic Management Market Size & Opportunities
- 8.1.6.2. Canada
- 8.1.6.2.1. Canada 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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