Global Air Traffic Management Market, By Airspace Type (Air Traffic Controller, Air Traffic Flow Ma

Published Date: | Report Code : AD1911366

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Market Dynamics:

The Air Traffic Management Market is expected to promise high growth owing to the increasing demand for air traffic and the rise in the number of airports in recent years. Increasing demand from end-use industries commercial, the military is expected to drive the growth of the air traffic management market. This market has witnessed a number of key developments by major companies including  BAE Systems, Saab AB, Harris Corporation, Northrop Grumman Corporation, Thales Group, and others with a focus on organic as well as inorganic growth strategies.  Developing regions including the Asia Pacific and the Middle East have been among the high potential markets with high growth in some of the key economies.

An air traffic management system consists of systems that assist an aircraft in its operations whether on land or in air. There are different types of air traffic management system such as Air Traffic Controller (ATC), Air Traffic Flow Management (ATFM), Aeronautical Information Management (AIM), etc. The ATC provides assistance to flights and maintains traffic. As the number of aircraft is growing, the majority of the airports have deployed air traffic management systems.

Due to increased business, the number of airports is also increasing. Growing airspace congestion and demand for the development of airports have driven the need for air traffic management. All these factors are responsible for the growth of the air traffic management market. Furthermore, modernization of aircraft such as unmanned aerial vehicles, hybrid aircraft, and vertical take-off-landing aircraft has made it necessary for an improved air traffic controller infrastructure. This has also affected the air traffic management market growth positively. North America is the largest market due to the strict air safety regulations in the US and Canada. This market in Europe and the Asia Pacific is expected to grow rapidly.      

Key Factors Impacting Market Growth:

  • Strict air safety regulations will increase market share
  • Increasing air traffic and rise in the number of airports

Regional Analysis:

The Air Traffic Management Market by region has been segmented by North America, Western Europe, Asia Pacific, Middle East, Eastern Europe, and Rest of the World. The rest of the World includes South America and Africa. North America and the European region have been traditional regions for the aerospace & defense sector with the presence of major manufacturers and high market demand. In addition to this, these regions have been aggressive in terms of technological developments and research. This is one of the key factors governing the demand for air traffic management market during the forecast period. Major countries in these regions include US, France, UK, Germany, Italy, Russia, Canada, and So on. This sector is one of the key contributors to the economies in the region.

The Asia Pacific is estimated to be the fastest growing region with increasing expenditure on defense and space research. With presence of some of fastest growing economies including India and China, this region is projected to be a major market for air traffic management during the forecast period. Other key countries in the region include South Korea, Japan, and Australia. The Middle East region promises a high potential demand for air traffic management market during the forecast period. Major countries in this region include UAE, Saudi Arabia, Iran, Israel, and others. The rest of World is an emerging market for air traffic management with demand from countries including South Africa, Brazil, Argentina, Nigeria, and others during the forecast period.

Companies Covered: BAE Systems, Saab AB, Harris Corporation, Northrop Grumman Corporation, Thales Group, ANPC, and Honeywell International Inc…

Market Segmentation:

By Airspace Type:

  • Air Traffic Controller
  • Air Traffic Flow Management
  • Aeronautical Information Management
  • Others

By Component:

  • Hardware
  • Software

By End-Use:

  • Commercial
  • Military

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Airspace Type
    • By Component
    • By End-Use
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Airspace Type
    • By Component
    • By End-Use
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Airspace Type
    • By Component
    • By End-Use
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Airspace Type
    • By Component
    • By End-Use
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Airspace Type
    • By Component
    • By End-Use
  • Rest of the World
    • By Region (South America, Africa)
    • By Airspace Type
    • By Component
    • By End-Use

Reasons To Buy This Report:

  • Market size estimation of the air traffic management market on a regional and global basis
  • The unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all possible segments helping every stakeholder in the market

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