Global Air Traffic Management Market Analysis 2021

Global Air Traffic Management Market Analysis 2021

The Global Air Traffic Management market is expected to reach $25.33 billion by 2027 growing at a CAGR of 14.7% during 2020 to 2027. Air traffic management consists of air traffic flow and capacity management, air traffic services, and airspace management. This system aids aircraft's departure from airdrome, landing at the destined aerodrome, and transit airspace. Air traffic management is a management process done before the flight takes place.

Modernization of air traffic management infrastructure and the need for better airspace management are driving the market growth. However, stringent regulatory norms are restraining the market. The development of remote and digital towers is an opportunity for the Air Traffic Management market.

Based on offering, the hardware segment is going to have lucrative growth during the forecast period. Hardware is used to provide placing of aircraft, communicate via voice & text, send alerts, and assist safe landing & take-off, among others.

The key vendors mentioned are Advanced Navigation & Positioning Corporation, BAE Systems Plc, Saipher ATC, L3Harris Technologies, Inc, Honeywell International Inc., Indra Sistemas, S.A., Northrop Grumman Corporation, Raytheon Company, Saab AB, Thales Group, Airbus SE, Leidos Holdings Inc, SITA, Adacel Technologies Limited, Intelcan Technosystems Inc, and Lockheed Martin Corporation.

Offerings Covered:
• Hardware
• Software & Solutions
• Services

Airspaces Covered:
• Aeronautical Information Management (AIM)
• Air Traffic Flow Management (ATFM)
• Air Traffic Services (ATS)
• Airspace Management (ASM)
• Air Route Traffic Control Center (ARTCC)
• Air Traffic Control Tower (ATCT)
• Terminal Radar Approach Control Facility (TRACON)
• Remote Tower

Investment Types Covered:
• Greenfield
• Brownfield

Airport Sizes Covered:
• Large
• Medium
• Small

Airport Classes Covered:
• Class A
• Class B
• Class C
• Class D

Applications Covered:
• Automation & Simulation
• Communication
• Navigation
• Surveillance
• Aerodrome Operations Management

End Users Covered:
• Military & Defense
• Commercial

Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Key Questions Answered in this Report:
• How this market evolved since the year 2019
• Market size estimations, forecasts and CAGR for all the segments presented in the scope
• Key Market Developments and financials of the key players
• Opportunity Analysis for the new entrants
• SWOT Analysis of the key players
• Fastest growing markets analyzed during the forecast period