Air Traffic Management Market Size, Share, Analysis Report

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

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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MARKET SNAPSHOT

Major Players

  • Raytheon Company
  • Thales Group
  • Indra Sistemas S.A
  • Harris Corporation
  • Northrop Grumman Corporation
  • Study period:

    2023-2028

    Base Year:

    2022

    CAGR:

    4

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    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 Services
    • Air Traffic Flow Management
    • Airspace Management
    • Aeronautical Information Management

    Air Traffic Management Market, By Component

    • Hardware
    • Software

    Air Traffic Management Market, By End Use

    • Commercial
    • Tactical

    Air Traffic Management Market, By Investment Type

    • Brownfield
    • Greenfield

    Air Traffic Management Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Air Traffic Management Market, By Company

    • 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

    The report covers:

    • Global Air Traffic Management market sizes from 2021 to 2028, along with CAGR for 2023-2028
    • Market size comparison for 2022 vs 2028, with actual data for 2022, estimates for 2023 and forecast from 2024 to 2028
    • Global Air Traffic Management market trends, covering comprehensive range of consumer trends & manufacturer trends
    • Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Air Traffic Management market
    • Major market opportunities and challenges in forecast timeframe to be focused
    • Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
    • Comprehensive company profiles of the key industry players

    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.

    Reasons to Buy this Report:

    • Gain detailed insights on the Air Traffic Management industry trends
    • Find complete analysis on the market status
    • Identify the Air Traffic Management market opportunities and growth segments
    • Analyse competitive dynamics by evaluating business segments & product portfolios
    • Facilitate strategy planning and industry dynamics to enhance decision making

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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 Services
    • Air Traffic Flow Management
    • Airspace Management
    • Aeronautical Information Management

    Air Traffic Management Market, By Component

    • Hardware
    • Software

    Air Traffic Management Market, By End Use

    • Commercial
    • Tactical

    Air Traffic Management Market, By Investment Type

    • Brownfield
    • Greenfield

    Air Traffic Management Market, By Region

    • North America
    • Europe
    • Asia-Pacific
    • Rest of the World

    Air Traffic Management Market, By Company

    • 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

    Got a question? We've got answers. If you have some other questions, see our support center.

    The market is expected to grow at a CAGR of 4.20% during the study period (2023-2028)
    The Global Air Traffic Management market is expected to be around US$ 26 Billion by 2028
    The segment included in Air Traffic Management market is Airspace, Component, End User, Investment Type, Company and region.
    Some key players operating in the Air Traffic Management market include Raytheon Company, Indra Sistemas, S.A., Harris Corporation, Thales Group, Northrop Grumman Corporation, Honeywell International, Inc
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