Air Traffic Management Market Size by Airspace (Air Traffic Services, Air Traffic Flow Management, Airspace Management, Aeronautical Information Management), By Component (Hardware, Software), By End Use (Commercial, Tactical), By Investment Type (Brownfield, Greenfield), By Region (North America, Europe, Asia-Pacific, Rest of the World), Market Analysis Report, Forecast 2023-2028
The Air Traffic Management Market is expected to be around US$ 26 Billion by 2028 at a CAGR of 4.20% in the given forecast period.
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Major Players
Study period:
Fastest Growing Market:
2023-2028
APAC
Base Year:
Largest Market:
2022
North America
CAGR:
4
REPORT DESCRIPTION
The Air Traffic Management Market is expected to be around US$ 26 Billion by 2028 at a CAGR of 4.20% in the given forecast period.
Air transport is one of the fastest and safest means of traveling across the world. This, in confluence with the economic growth and a rapid growth in the worldwide population, acts as one of the major factors positively impacting the requirement for air traffic management. Furthermore, there is an increase in passenger traffic due to the reducing flight fares, which has resulted in an increase in the demand for better airspace management. As a result, the government authorities of various nations are emphasizing on the modernization of air traffic management infrastructure and constructing additional airport facilities. In line with this, the possible risk of cyber threats and the rising adoption of the satellite-based air-traffic control (ATC) system are propelling the air traffic management market growth.
Rapid growth of various airports in the asia pacific region. Air traffic management market increasing investments on airports. Upgarding of air traffic management infrastructure and high cost of ATC Equipment. There are many strict regulatory norms of air traffic management market this is satellite-based ATC. Market required for unmanned aircraft system traffic management.
The global Air Traffic Management market is segregated on the basis of Airspace as Air Traffic Services, Air Traffic Flow Management, Airspace Management, and Aeronautical Information Management. Based on Component the global Air Traffic Management market is segmented in Hardware and Software. Based on End Use the global Air Traffic Management market is segmented in Commercial and Tactical.
Based on Investment Type, the global Air Traffic Management market is segmented in Brownfield and Greenfield.
The global Air Traffic Management market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Air Traffic Management market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Raytheon Company, Indra Sistemas, S.A., Harris Corporation, Thales Group, Northrop Grumman Corporation, Honeywell International, Inc., SAAB AB, BAE Systems PLC., Frequentis Group, Advanced Navigation and Positioning, and others are among the major players in the global Air Traffic Management market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Air Traffic Management Market has been segmented as below:
Air Traffic Management Market, By Airspace
Air Traffic Management Market, By Component
Air Traffic Management Market, By End Use
Air Traffic Management Market, By Investment Type
Air Traffic Management Market, By Region
Air Traffic Management Market, By Company
The report covers:
Report Scope:
The global Air Traffic Management market report scope includes detailed study covering underlying factors influencing the industry trends.
The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies.
The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Air Traffic Management market share. Major industry players with significant revenue share include Raytheon Company, Indra Sistemas, S.A., Harris Corporation, Thales Group, Northrop Grumman Corporation, Honeywell International, Inc., SAAB AB, BAE Systems PLC., Frequentis Group, Advanced Navigation and Positioning, and others.
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1. Introduction
1.1 Key Insights
1.2 Report Overview
1.3 Markets Covered
1.4 Stakeholders
2. Research Methodology
2.1 Research Scope
2.2 Market Research Process
2.3 Research Data Analysis
2.4.1 Secondary Research
2.4.2 Primary Research
2.4.3 Models for Estimation
2.5 Market Size Estimation
2.5.1 Bottom-Up Approach - Segmental Market Analysis
2.5.2 Top-Down Approach - Parent Market Analysis
3. Executive Summary
4. Market Overview
4.1 Introduction
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Challenges
4.2 Porter's Five Force Analysis
5. Air Traffic Management Market, By Airspace
5.1 Introduction
5.2 Air Traffic Services
5.2.1 Market Overview
5.2.2 Market Size and Forecast
5.3 Air Traffic Flow Management
5.3.1 Market Overview
5.3.2 Market Size and Forecast
5.4 Airspace Management
5.4.1 Market Overview
5.4.2 Market Size and Forecast
5.5 Aeronautical Information Management
5.5.1 Market Overview
5.5.2 Market Size and Forecast
6. Air Traffic Management Market, By Component
6.1 Introduction
6.2 Hardware
6.2.1 Market Overview
6.2.2 Market Size and Forecast
6.3 Software
6.3.1 Market Overview
6.3.2 Market Size and Forecast
7. Air Traffic Management Market, By End Use
7.1 Introduction
7.2 Commercial
7.2.1 Market Overview
7.2.2 Market Size and Forecast
7.3 Tactical
7.3.1 Market Overview
7.3.2 Market Size and Forecast
8. Air Traffic Management Market, By Investment Type
8.1 Introduction
8.2 Brownfield
8.2.1 Market Overview
8.2.2 Market Size and Forecast
8.3 Greenfield
8.3.1 Market Overview
8.3.2 Market Size and Forecast
9. Air Traffic Management Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 North America Air Traffic Management, By Airspace
9.2.2 North America Air Traffic Management, By Component
9.2.3 North America Air Traffic Management, By End Use
9.2.4 North America Air Traffic Management, By Investment Type
9.3 Europe
9.3.1 Europe Air Traffic Management, By Airspace
9.3.2 Europe Air Traffic Management, By Component
9.3.3 Europe Air Traffic Management, By End Use
9.3.4 Europe Air Traffic Management, By Investment Type
9.4 Asia-Pacific
9.4.1 Asia-Pacific Air Traffic Management, By Airspace
9.4.2 Asia-Pacific Air Traffic Management, By Component
9.4.3 Asia-Pacific Air Traffic Management, By End Use
9.4.4 Asia-Pacific Air Traffic Management, By Investment Type
9.5 Rest of the World
9.5.1 Rest of the World Air Traffic Management, By Airspace
9.5.2 Rest of the World Air Traffic Management, By Component
9.5.3 Rest of the World Air Traffic Management, By End Use
9.5.4 Rest of the World Air Traffic Management, By Investment Type
10. Competitive Insights
10.1 Key Insights
10.2 Company Market Share Analysis
10.3 Strategic Outlook
10.3.1 Mergers & Acquisitions
10.3.2 New Product Development
10.3.3 Portfolio/Production Capacity Expansions
10.3.4 Joint Ventures, Collaborations, Partnerships & Agreements
10.3.5 Others
11. Company Profiles
11.1 Raytheon Company
11.1.1 Company Overview
11.1.2 Product/Service Landscape
11.1.3 Financial Overview
11.1.4 Recent Developments
11.2 Indra Sistemas, S.A.
11.2.1 Company Overview
11.2.2 Product/Service Landscape
11.2.3 Financial Overview
11.2.4 Recent Developments
11.3 Harris Corporation
11.3.1 Company Overview
11.3.2 Product/Service Landscape
11.3.3 Financial Overview
11.3.4 Recent Developments
11.4 Thales Group
11.4.1 Company Overview
11.4.2 Product/Service Landscape
11.4.3 Financial Overview
11.4.4 Recent Developments
11.5 Northrop Grumman Corporation
11.5.1 Company Overview
11.5.2 Product/Service Landscape
11.5.3 Financial Overview
11.5.4 Recent Developments
11.6 Honeywell International, Inc.
11.6.1 Company Overview
11.6.2 Product/Service Landscape
11.6.3 Financial Overview
11.6.4 Recent Developments
11.7 SAAB AB
11.7.1 Company Overview
11.7.2 Product/Service Landscape
11.7.3 Financial Overview
11.7.4 Recent Developments
11.8 BAE Systems PLC.
11.8.1 Company Overview
11.8.2 Product/Service Landscape
11.8.3 Financial Overview
11.8.4 Recent Developments
11.9 Frequentis Group
11.9.1 Company Overview
11.9.2 Product/Service Landscape
11.9.3 Financial Overview
11.9.4 Recent Developments
11.10 Advanced Navigation and Positioning
11.10.1 Company Overview
11.10.2 Product/Service Landscape
11.10.3 Financial Overview
11.10.4 Recent Developments
The Air Traffic Management Market has been segmented as below:
Air Traffic Management Market, By Airspace
Air Traffic Management Market, By Component
Air Traffic Management Market, By End Use
Air Traffic Management Market, By Investment Type
Air Traffic Management Market, By Region
Air Traffic Management Market, By Company
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