Air Traffic Control Global Market Report 2024

Air Traffic Control Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on air traffic control market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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• Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
• Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
• Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
• Measure the impact of high global inflation on market growth.
• Create regional and country strategies on the basis of local data and analysis.
• Identify growth segments for investment.
• Outperform competitors using forecast data and the drivers and trends shaping the market.
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• Benchmark performance against key competitors.
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• Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
• All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for air traffic control? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The air traffic control market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

• 1) By Point of Sale: Hardware; Software; Services
• 2) By Airport Size: Small; Medium; Large
• 3) By Airspace: Air Route Traffic Control Centers (ARTCC); Terminal Radar Approach Control (TRACON); Air Traffic Control Tower (ATCT); Remote Tower (RT)
• 4) By Application: Communication; Navigation; Surveillance; Automation
• Companies Mentioned: Raytheon Technologies Corporation; BAE Systems PLC; Thales Group; Indra Sistemas S.A.; Frequentis AG
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
• Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Air traffic control is a critical service provided by ground-based controllers to safely guide numerous aircraft in aviation to their destinations, ensuring the prevention of collisions and unforeseen incidents resulting from excessive air traffic within a given airspace.

The primary components of air traffic control sales include hardware, software, and services. Hardware encompasses tangible elements of an air traffic control system used for input, output, signal transmission, and reception. This includes various components such as radars, antennas, cameras, display systems, and others. Air traffic control systems cater to different airport sizes, classified as small, medium, and large, and are implemented for various airspace types, including air route traffic control centers (ARTCC), terminal radar approach control (TRACON), air traffic control tower (ATCT), and remote tower (RT). These systems are crucial for communication, navigation, surveillance, and automation within the aviation domain.

The air traffic control market research report is one of a series of new reports from The Business Research Company that provides air traffic control market statistics, including air traffic control industry global market size, regional shares, competitors with a air traffic control market share, detailed air traffic control market segments, market trends and opportunities, and any further data you may need to thrive in the air traffic control industry. This air traffic control market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The air traffic control market size has grown strongly in recent years. It will grow from $8.76 billion in 2023 to $9.3 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The growth observed in the historical period in air traffic control can be attributed to several factors. Modernization initiatives played a significant role, as advancements in technology and infrastructure contributed to the improvement of air traffic control systems. The growth in air passengers necessitated enhanced air traffic control measures to ensure safety and efficiency. Evolution in navigation systems also played a pivotal role in the overall improvement of air traffic control capabilities. Additionally, a focus on cost efficiency and optimization of air traffic management processes further contributed to the positive growth trends during the specified historical period.

The air traffic control market size is expected to see strong growth in the next few years. It will grow to $11.55 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The anticipated growth in the forecast period within the air traffic control sector can be attributed to several key factors. Efficiency improvements and cost reduction initiatives are expected to drive advancements in air traffic control systems. The forecasted increase in air traffic volume will necessitate enhanced and modernized air traffic control programs to ensure safe and efficient operations. The expansion of remote tower operations is expected to be a significant contributor to growth, offering innovative solutions. Additionally, an increased emphasis on cybersecurity measures will play a crucial role in ensuring the integrity and security of air traffic control systems. Major trends expected in the forecast period include ongoing modernization initiatives, the integration of automation and artificial intelligence (AI) into air traffic control systems, safety enhancements, the implementation of NextGen ATC programs, the expansion of remote tower operations, and an increased focus on cybersecurity measures to protect critical aviation infrastructure.

The growth of the air traffic control market is anticipated to be driven by the increasing global tourism industry. Defined as the activity of seeking relaxation, recreation, and pleasure away from home, tourism prominently favors air travel due to its comfort and time-efficient nature. This heightened demand consequently elevates air traffic volumes, necessitating enhanced management across the aerospace sector. Notably, the World Tourism Organization reported a 172% surge in international tourist arrivals from January to July 2022 in comparison to the same period in 2021. This recovery signals a tourism sector resurgence to nearly 60% of pre-pandemic levels, with approximately 474 million tourists traveling internationally during this period, a substantial increase from 175 million in 2021. Moreover, the World Travel & Tourism Council highlighted in August 2022 that after a drastic 50.4% downturn in the sector's contribution to the global economy, travel and tourism exhibited a 21.7% recovery in 2021. The trajectory of increasing tourism is expected to drive the air traffic control market.

The burgeoning air passenger traffic is poised to fuel the expansion of the air traffic control market in the forthcoming years. Air passenger traffic, encompassing the total number of individuals flying aboard commercial aircraft within a specific timeframe, serves as a pivotal metric for gauging air travel demand and overall aviation sector activity. Essential to ensuring the safety, efficiency, and reliability of air passenger traffic, air traffic control plays a critical role in facilitating seamless travel from departure to arrival, both domestically and internationally. For instance, as of February 2023, the International Air Transport Association (IATA) reported a notable 64.4% increase in total traffic (measured in revenue passenger kilometers, or RPKs) in 2022 compared to 2021. Global traffic in 2022 reached 68.5% of pre-pandemic rates (2019), with December 2022 witnessing a 39.7% upsurge over December 2021, reaching 76.9% of the volume observed three years ago. This upswing in air passenger traffic significantly drives the momentum of the air traffic control market.

An influential trend permeating the air traffic control market is the integration of advanced technology and cutting-edge systems. Key industry players are at the forefront of introducing innovative technologies for automated data transfer with aircraft, enhancing the efficacy and precision of traffic management systems. For instance, in June 2022, Eurocontrol MUAC, responsible for managing upper airspace in Belgium, the Netherlands, Luxembourg, and Northwestern Germany, collaborated with Indra, a Spanish technology and consulting company, to introduce the ATN Automatic Dependent Surveillance Contract system (ADS-C). This system automates data exchange with aircraft, simplifying air traffic management by transmitting data through the Aeronautical Telecommunications Network (ATN), a sophisticated global information highway catering to ground-to-ground and ground-to-air communications. This method enables controllers to establish electronic contracts with aircraft and receive crucial data on parameters such as route and altitude. Indra's ADS-C system also enhances interoperability with other control centers, contributing new algorithms for the Arrival Management System (XMAN), directly impacting traffic flow and punctuality across the continent.

Prominent entities within the air traffic control market are driving innovation by developing advanced air traffic receiver devices, aiming to enhance the efficiency and quality of traffic management services. These cutting-edge devices, known as advanced air traffic receivers, are engineered to enhance the safety, effectiveness, and capacity of air transportation, specifically used within air traffic control centers. For instance, in March 2023, Involi, a Switzerland-based provider specializing in hardware and software solutions for air traffic detection, introduced the G-1090 line of air traffic signal receivers. This collection of ground-based receivers, manufactured in Switzerland, is designed to capture cooperative air traffic signals, offering airspace managers and operation managers a cost-effective alternative to traditional radar systems. The G-1090 receivers deliver real-time and historical Air Traffic Data, specifically identifying aviation transponder signals like ADS-B, Mode S, Mode A/C, and FLARM. Additionally, they inherently support INVOLI Multilateration, providing a comprehensive overview of air traffic dynamics.

In a strategic move in March 2021, Frequentis, an Austria-based leader in air traffic control solutions, acquired L3Harris Technologies' air traffic management and arrival management product business for US$ 20.1 million (EUR 16.58 million). This acquisition encompasses obtaining L3Harris' air traffic management (ATM) voice communication system product line and their Canadian Harris ATC solutions unit. This strategic move aligns with Frequentis' growth strategy, enriching its portfolio and expanding its global customer base. The acquisition from L3Harris Technologies, a US-based aerospace and defense company specializing in air traffic management, enables Frequentis to further strengthen its position in the industry and leverage complementary expertise to enhance its offerings in the air traffic control market.

Major companies operating in the air traffic control market report are Raytheon Technologies Corporation, BAE Systems plc, Thales Group, Indra Sistemas S.A., Frequentis AG, Harris Corporation, Adacel Technologies Ltd., Leonardo S.p.A, Honeywell International Inc., Northrop Grumman Corporation, Saab AB, SkySoft-ATM, NAV Canada, Searidge Technologies Inc., NATS Holdings Limited, Telephonics Corp., The Aeronav Group, Becker Avionics Inc, L3Harris Technologies Inc., Atech Negocios em Tecnologias S/A, COMSOFT Solutions GmbH, Intelcan Technosystems Inc., Lockheed Martin Corporation, Serco Group plc, Slovenia Control, Finavia Corporation, Aeronav Group, Airservices Australia, Irish Aviation Authority, Swiss International Air Lines Ltd.

North America was the largest region in the air traffic control market in 2023. The regions covered in the air traffic control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the air traffic control market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The air traffic control market includes revenues earned by entities by providing collision prevention, flight control, advisory, runway and traffic management services. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.