Email
Print
Market Overview:
The Air Traffic Control Management Market size is estimated to reach $23 Billion by 2031, growing at a CAGR of 7.9% during the forecast period 2025-2031, according to a recent report published by IndustryARC, titled “Air Traffic Control Management Market - By Airspace (Air Traffic Service (ATS), Air Traffic Flow Management (ATFM), Airspace Management (ASM), Aeronautical Information Management (AIM)), By Component (Hardware, Software & Solutions), By Technology (Communication Systems, Navigation, Surveillance, Automation, Others), By Airport Size (Small Airports, Medium Airports, Large Airports), By End-User (Civil Aviation, Military, General Aviation), By Geography - Opportunity Analysis & Industry Forecast, 2025-2031
The Air Traffic Control Management Market is growing rapidly due to rising passenger traffic and air freight demands, necessitating efficient systems. Advances in safety tech and airspace use enhance reliability. Surging commercial flights and airport investments highlight the need for sophisticated solutions. Strict regulations and safety standards further drive adoption to meet global aviation needs.
North America dominated the market in 2024:
North America has emerged as the dominant region in Air Traffic Control Management Market with a market share of 38% in 2024, driven by its advanced infrastructure, significant investments in next-generation technologies, and strong regulatory frameworks. North America handles a substantial portion of global air traffic. According to the International Air Transport Association (IATA), North American airlines saw a 6.8% increase in traffic in 2024 compared to 2023, with a 7.4% rise in capacity. This rise in volume of air traffic necessitates robust and efficient ATM systems, further solidifying North America's dominance in the market. As the aviation industry continues to evolve, North America will remain at the forefront of shaping the future of air traffic management, ensuring safer, more efficient, and environmentally friendly skies.
Air Traffic Control Management Market: Key Takeaways
Growth in Unmanned Aerial Vehicles
The rapid growth of Unmanned Aerial Vehicles (UAVs), commonly known as drones, is emerging as a significant driver for the air traffic management (ATM) market. The National Conference of State Legislatures (NCSL) reports that over 1.1 million recreational drones are registered with the FAA.UAVs are being increasingly used for a wide range of applications, including commercial deliveries, surveillance, agriculture, and recreational purposes. To combat a rise in robberies and assaults in Central Park, the NYPD, the country's largest police force, is planning to deploy a fleet of autonomous drones, according to ABC News Network. As UAV operations continue to grow, the demand for innovative air traffic control management solutions will only increase, ensuring the safe and efficient integration of drones into controlled airspace.
For More Queries About "Air Traffic Control Management Market " @ https://www.industryarc.com/Research/Air-Traffic-Control-Management-Market-800869
Growing Airport Infrastructure Investments
Growing investments in airport infrastructure are significantly influencing the air traffic control management market, as modernized and expanded facilities necessitate advanced air traffic control management solutions to handle increased capacity and ensure operational efficiency. San Francisco International Airport (SFO) began a $2.6 billion modernization of Terminal 3 West in summer 2024. The project includes renovating 650,000 sq ft, expanding security, adding amenities, and creating 200,000 sq ft for concessions. The expanded section is set to open in autumn 2027.the surge in airport infrastructure investments is a key driver for advancements in the Air Traffic Control Management Market as enhanced facilities demand cutting-edge ATM technologies to maintain efficient and safe air travel operations.
Scope of the Report:
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Recent Developments:
• In November 2024, Indra acquired Micro Nav and Global ATS from the Quadrant Group, which strengthened its global position in the air traffic control market
• In December 2023, Thales announced the opening of its Air Traffic Management Service Centre in Mexico. With the establishment of this new ATM Service Centre, Thales aims to enhance its support capabilities for customers in Mexico and other Latin American countries, ensuring a swifter, more optimized, and efficient service delivery due to aligned operational hours.
Air Traffic Control Management Market: Competitive Landscape
Key companies profiled in the Air Traffic Control Management Market are Thales, Indra Sistemas S.A., RTX, SAAB AB, Honeywell International Inc., L3Harris Technologies, Inc., Lockheed Martin Corporation, Leidos, Airbus, BAE Systems and others.
Related Reports:
Precision Gear Market - Precision Gear Market is forecast to reach $684million by 2025, growing at a CAGR 6.4% from 2020 to 2025. Growing demand from several application industries, particularly packaging, robotics, and military, is expected to drive market growth. Rising demand for automation at manufacturing facilities is expected to help expand the market for precision gears.
Air Traffic Control Equipment Market - Air Traffic Control Equipment Market size is analyzed to grow at a CAGR of 6.5% during the forecast 2024-2030 to reach $9.6 billion. Due to increased demand for new ground-based air traffic controllers to direct the pilot to signal aircraft safety, controlled airspace, as well as adequate ground traffic operation, usage of air traffic control (ATC) technology has been gaining wide popularity, resulting in its market growth.
Aircraft Seals Market - The Aircraft Seals Market size is valued at $3.3bn in 2022 and is expected to reach a value of $4.7 Billion by 2030 at a CAGR of 4.4% during the forecast period 2023-2030. The global aircraft seals market is driven by factors such as increasing demand for aircraft and rising focus on passenger safety. The market is also expected to benefit from advancements in materials technology and increasing use of composite materials in aircraft manufacturing.
About IndustryARC™:
IndustryARC primarily focuses on Market Research and Consulting Services specific to Cutting Edge Technologies and Newer Application segments of the market. The company’s Custom Research Services are designed to provide insights into the constant flux in the global demand-supply gap of markets.
IndustryARC’s goal is to provide the right information required by the stakeholder at the right point in time, in a format that assists an intelligent and informed decision-making process.
Contact Us:
Mr. Venkat Reddy
IndustryARC
Email: [email protected]
USA: (+1) 518-282-4727
Web: https://www.industryarc.com
Follow us on LinkedIn | Facebook | Twitter