Product Code: GVR-4-68040-346-2
Air Traffic Management Market Size & Trends
The global air traffic management market size was estimated at USD 8.64 billion in 2023 and is projected to grow at a CAGR of 8.6% from 2024 to 2030. The market growth can be attributed to the integration of advanced technologies, such as Artificial Intelligence (AI) and Machine Learning (ML), into air traffic management systems to improve efficiency and safety. These technologies enable more precise tracking and management of air traffic, reducing delays, and optimizing airspace usage. Automation of air traffic control processes reduces human error, further enhancing operational reliability. The evolution of satellite-based navigation systems offers better accuracy than traditional radar, supporting the market growth.
Air travel is significantly rising, driven by economic growth and affordable airfares. This increase in air traffic volume demands more efficient air traffic management to prevent congestion and delays. As airports operate closer to their capacity limits, the need for effective airspace management becomes critical. Enhanced air traffic management systems are crucial for handling the growing number of flights safely and efficiently, which is expected to drive market growth in coming years.
Stricter regulatory standards regarding air traffic safety and efficiency drive the demand for modernized air traffic management solutions. Regulatory bodies globally are imposing new requirements for real-time monitoring and reporting, pushing the market towards innovative solutions. These requirements aim to increase the safety, reliability, and efficiency of air travel, benefiting passengers and the aviation industry alike. Compliance with these regulations necessitates the adoption of innovative air traffic management systems.
The aviation industry is under increasing pressure to reduce its environmental impact, including noise pollution and greenhouse gas emissions. Efficient air traffic management plays a significant role in achieving these environmental goals by optimizing flight paths and reducing unnecessary fuel consumption. By minimizing the time aircraft spend in holding patterns or on the ground, emissions and noise pollution are significantly reduced. This shift towards sustainability fuels the demand for advanced air traffic management solutions.
Significant investments in airport infrastructure development and expansion worldwide create a supportive environment for the market growth. New and upgraded airports require innovative air traffic management systems to handle increased traffic and ensure passenger safety. These infrastructural developments are backed by government and private investments, highlighting the importance of efficient air traffic management in the broader aviation ecosystem. As airports modernize, the integration of advanced air traffic management technologies becomes important, thereby driving the market growth in coming years.
Global Air Traffic Management Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzes the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global air traffic management market report based on technology, component, airport size, and region:
- Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Communication Systems
- Navigation
- Surveillance
- Others
- Component Outlook (Revenue, USD Million, 2018 - 2030)
- Hardware
- Software & Solutions
- Airport Size Outlook (Revenue, USD Million, 2018 - 2030)
- Small Airport
- Medium Airport
- Large Airport
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
U.S.
Canada
Mexico
Germany
UK
France
Italy
Japan
China
India
Australia
South Korea
Brazil
- Middle East and Africa (MEA)
UAE
Saudi Arabia
South Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Information analysis
- 1.3.2. Market formulation & data visualization
- 1.3.3. Data validation & publishing
- 1.4. 4 Research Scope and Assumptions
- 1.4.1. List of Data Sources
Chapter 2. Executive Summary
- 2.1. Air Traffic Management Market Snapshot
- 2.2. Air Traffic Management Market- Segment Snapshot (1/2)
- 2.3. Air Traffic Management Market- Segment Snapshot (2/2)
- 2.4. Air Traffic Management Market- Competitive Landscape Snapshot
Chapter 3. Air Traffic Management Market - Industry Outlook
- 3.1. Market Overview
- 3.2. Industry Value Chain Analysis
- 3.3. Market Dynamics
- 3.3.1. Market Driver Analysis
- 3.3.2. Market Restraint Analysis
- 3.3.3. Market Opportunity
- 3.4. Technology Landscape
- 3.5. Industry Analysis Tools
- 3.5.1. Porter's analysis
- 3.5.2. Macroeconomic analysis
Chapter 4. Air Traffic Management Market: Technology Estimates & Trend Analysis
- 4.1. Technology Movement Analysis & Market Share, 2023 & 2030
- 4.2. Air Traffic Management Market Estimates & Forecast, By Technology (USD Million)
- 4.2.1. Communication Systems
- 4.2.2. Navigation
- 4.2.3. Surveillance
- 4.2.4. Others
Chapter 5. Air Traffic Management Market: Component Estimates & Trend Analysis
- 5.1. Component Movement Analysis & Market Share, 2023 & 2030
- 5.2. Air Traffic Management Market Estimates & Forecast, By Component (USD Million)
- 5.2.1. Hardware
- 5.2.2. Software & Solutions
Chapter 6. Air Traffic Management Market: Airport Size Estimates & Trend Analysis
- 6.1. Airport Size Movement Analysis & Market Share, 2023 & 2030
- 6.2. Air Traffic Management Market Estimates & Forecast, By Airport Size (USD Million)
- 6.2.1. Small Airport
- 6.2.2. Medium Airport
- 6.2.3. Large Airport
Chapter 7. Regional Estimates & Trend Analysis
- 7.1. Air Traffic Management Market by Region, 2023 & 2030
- 7.2. North America
- 7.2.1. North America Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. U.S. Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Canada Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.2.4. Mexico
- 7.2.4.1. Mexico Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.3. Europe
- 7.3.1. Europe Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.3.2. Germany
- 7.3.2.1. Germany Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.3.3. UK
- 7.3.3.1. UK Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.3.4. France
- 7.3.4.1. France Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Italy Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.4.2. Japan
- 7.4.2.1. Japan Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.4.3. China
- 7.4.3.1. China Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.4.4. India
- 7.4.4.1. India Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.4.5. South Korea
- 7.4.5.1. South Korea Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.4.6. Australia
- 7.4.6.1. Australia Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Brazil Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.6. Middle East & Africa (MEA)
- 7.6.1. Middle East & Africa Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.6.2. Saudi Arabia
- 7.6.2.1. Saudi Arabia Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.6.3. UAE
- 7.6.3.1. UAE Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
- 7.6.4. South Africa
- 7.6.4.1. South Africa Air Traffic Management Market Estimates & Forecasts, 2018 - 2030, (USD Million)
Chapter 8. Air Traffic Management Market - Competitive Landscape
- 8.1. Recent Developments & Impact Analysis, By Key Market Participants
- 8.2. Company Categorization
- 8.3. Participant's Overview
- 8.4. Financial Performance
- 8.5. Product Benchmarking
- 8.6. Company Market Positioning
- 8.7. Company Heat Map Analysis
- 8.8. Strategy Mapping
- 8.8.1. Expansion/Divestiture
- 8.8.2. Collaborations/Partnerships
- 8.8.3. New Product Launches
- 8.8.4. Research & Development
- 8.9. Company Profiles
- 8.9.1. Thales S.A.
- 8.9.1.1. Participant's Overview
- 8.9.1.2. Financial Performance
- 8.9.1.3. Product Benchmarking
- 8.9.1.4. Recent Developments
- 8.9.2. RTX Corporation
- 8.9.2.1. Participant's Overview
- 8.9.2.2. Financial Performance
- 8.9.2.3. Product Benchmarking
- 8.9.2.4. Recent Developments
- 8.9.3. Indra Sistemas, S.A.
- 8.9.3.1. Participant's Overview
- 8.9.3.2. Financial Performance
- 8.9.3.3. Product Benchmarking
- 8.9.3.4. Recent Developments
- 8.9.4. L3Harris Technologies, Inc.
- 8.9.4.1. Participant's Overview
- 8.9.4.2. Financial Performance
- 8.9.4.3. Product Benchmarking
- 8.9.4.4. Recent Developments
- 8.9.5. Leonardo S.p.A.
- 8.9.5.1. Participant's Overview
- 8.9.5.2. Financial Performance
- 8.9.5.3. Product Benchmarking
- 8.9.5.4. Recent Developments
- 8.9.6. Frequentis AG
- 8.9.6.1. Participant's Overview
- 8.9.6.2. Financial Performance
- 8.9.6.3. Product Benchmarking
- 8.9.6.4. Recent Developments
- 8.9.7. Leidos Holdings, Inc.
- 8.9.7.1. Participant's Overview
- 8.9.7.2. Financial Performance
- 8.9.7.3. Product Benchmarking
- 8.9.7.4. Recent Developments
- 8.9.8. Honeywell International Inc.
- 8.9.8.1. Participant's Overview
- 8.9.8.2. Financial Performance
- 8.9.8.3. Product Benchmarking
- 8.9.8.4. Recent Developments
- 8.9.9. Airbus SE
- 8.9.9.1. Participant's Overview
- 8.9.9.2. Financial Performance
- 8.9.9.3. Product Benchmarking
- 8.9.9.4. Recent Developments
- 8.9.10. Saab AB
- 8.9.10.1. Participant's Overview
- 8.9.10.2. Financial Performance
- 8.9.10.3. Product Benchmarking
- 8.9.10.4. Recent Developments