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Global Air Traffic Management Market to reach USD XX billion by the end of 2030

Global Air Traffic Management Market Size Study & Forecast, by Domain (Air Traffic Control, Air Traffic Flow Management, and Aeronautical Information Management), by Component (Hardware, Software) and Regional Analysis, 2023-2030

Product Code: ALTAWT-40862570
Publish Date: 15-11-2023
Page: 200

Global Air Traffic Management Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than 6% over the forecast period 2023-2030. The management of air traffic in and around airports and associated airspace is known as Air Traffic Management. This process involves the integration of air traffic services, airspace management, and air traffic flow management to ensure the safe and dynamic handling of air traffic. The increasing number of airports globally is driving the growth of this market, with rapid modernization of airports further boosting the air traffic management sector.

The introduction of low-cost flights has resulted in an increase in air traffic over the years. With an increase in air passenger traffic, airlines are expanding their aircraft fleet and improving the comfort and services offered to passengers on both domestic and international flights. According to the International Air Transport Association (IATA), the number of air passengers is projected to reach 7.2 billion by 2035. As air traffic continues to increase, greater efficiency and air transportation safety become crucial. Technological advancements, such as the introduction of AI in the aviation industry, are also contributing to the growth of the market. However, the high cost of ATM systems hinder the global air traffic management market’s growth during the forecast period 2023-2030.

The key regions considered for the Global Air Traffic Management Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. The Asia Pacific region dominates the market, with robust investments towards constructing new airports and expanding existing airports in regions such as China and India. In January 2022, the Civil Aviation Administration of China (CAAC) announced plans to build more than 270 civil transport airports in the country by 2025. The construction of new airports would allow the country to handle around 17 million aircraft movements annually and increase the passenger and cargo handling capacities to 930 million passengers and 9.5 million tonnes, respectively. Such developments would require advanced air traffic management systems to ensure high levels of safety and operational efficiency. North America is expected to see significant growth in air traffic management systems due to the rapid technological advancements in the industry. Several companies are receiving contracts from defense organizations to develop improved air traffic management systems that enhance communication capabilities. For instance, in April 2022, Raytheon Intelligence & Space completed the installation of the first Global ASNT System for the U.S. Air Force, which provides advanced command and control capabilities to the Air Force’s nuclear bomber fleet.

Major market players included in this report are:
Societe Internationale de Telecommunications Aeronautiques (SITA)
Northrop Grumman Corporation
Honeywell International Inc.
Thales Group
L3Harris Technologies, Inc.
Raytheon (RTX) Corporation
Indra Sistemas, S.A
Saab AB
BAE Systems plc
Lockheed Martin Corporation

Recent Developments in the Market:
Ø In March 2022, Bharat Electronics Limited (BEL) partnered with the Airports Authority of India (AAI) to research and develop systems for air traffic management and surface movement of aircraft at airports, supporting the Make in India Initiative. Such investments into the development and introduction of new ATM systems are expected to drive the growth prospects of the air traffic management market in the Asia-Pacific region over the forecast period.
Ø In April 2022, The City of Concord and Kongsberg Defense & Aerospace signed a partnership agreement to modernize the air traffic control system at the Concord-Padgett Regional Airport. The airport will test remote tower technology, which replaces traditional air traffic control towers with a remote tower.
Ø In April 2022, Raytheon launched the first Global Aircrew Strategic Network Terminal system to modernize existing protected communications systems and add new capabilities for nuclear and non-nuclear command and control.

Global Air Traffic Management Market Report Scope:
ü Historical Data – 2020 – 2021
ü Base Year for Estimation – 2022
ü Forecast period – 2023-2030
ü Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
ü Segments Covered – Domain, Component, Region
ü Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
ü Customization Scope – Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Domain:
Air Traffic Control
Air Traffic Flow Management
Aeronautical Information Management

By Component:

By Region:

North America


Asia Pacific
South Korea

Latin America

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Air Traffic Management Market, by Region, 2020-2030 (USD Billion)
1.2.2. Air Traffic Management Market, by Domain, 2020-2030 (USD Billion)
1.2.3. Air Traffic Management Market, by Component, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Air Traffic Management Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Air Traffic Management Market Dynamics
3.1. Air Traffic Management Market Impact Analysis (2020-2030)
3.1.1. Market Drivers Increasing airports globally Increasing air traffic across the world Modernization of Air Traffic Management
3.1.2. Market Challenges Stiff rules and regulations associated with aircraft operation High cost of infrastructure setup
3.1.3. Market Opportunities Rapid digitalization in the aviation industry Technological advancements
Chapter 4. Global Air Traffic Management Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Air Traffic Management Market, by Domain
5.1. Market Snapshot
5.2. Global Air Traffic Management Market by Domain, Performance – Potential Analysis
5.3. Global Air Traffic Management Market Estimates & Forecasts by Domain 2020-2030 (USD Billion)
5.4. Air Traffic Management Market, Sub-Segment Analysis
5.4.1. Air Traffic Control
5.4.2. Air Traffic Flow Management
5.4.3. Aeronautical Information Management
Chapter 6. Global Air Traffic Management Market, by Component
6.1. Market Snapshot
6.2. Global Air Traffic Management Market by Component, Performance – Potential Analysis
6.3. Global Air Traffic Management Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
6.4. Air Traffic Management Market, Sub-Segment Analysis
6.4.1. Hardware
6.4.2. Software
Chapter 7. Global Air Traffic Management Market, Regional Analysis
7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Air Traffic Management Market, Regional Market Snapshot
7.4. North America Air Traffic Management Market
7.4.1. U.S. Air Traffic Management Market Domain breakdown estimates & forecasts, 2020-2030 Component breakdown estimates & forecasts, 2020-2030
7.4.2. Canada Air Traffic Management Market
7.5. Europe Air Traffic Management Market Snapshot
7.5.1. U.K. Air Traffic Management Market
7.5.2. Germany Air Traffic Management Market
7.5.3. France Air Traffic Management Market
7.5.4. Spain Air Traffic Management Market
7.5.5. Italy Air Traffic Management Market
7.5.6. Rest of Europe Air Traffic Management Market
7.6. Asia-Pacific Air Traffic Management Market Snapshot
7.6.1. China Air Traffic Management Market
7.6.2. India Air Traffic Management Market
7.6.3. Japan Air Traffic Management Market
7.6.4. Australia Air Traffic Management Market
7.6.5. South Korea Air Traffic Management Market
7.6.6. Rest of Asia Pacific Air Traffic Management Market
7.7. Latin America Air Traffic Management Market Snapshot
7.7.1. Brazil Air Traffic Management Market
7.7.2. Mexico Air Traffic Management Market
7.8. Middle East & Africa Air Traffic Management Market
7.8.1. Saudi Arabia Air Traffic Management Market
7.8.2. South Africa Air Traffic Management Market
7.8.3. Rest of Middle East & Africa Air Traffic Management Market

Chapter 8. Competitive Intelligence
8.1. Key Company SWOT Analysis
8.1.1. Company 1
8.1.2. Company 2
8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
8.3.1. Societe Internationale de Telecommunications Aeronautiques (SITA) Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.3.2. Northrop Grumman Corporation
8.3.3. Honeywell International Inc.
8.3.4. Thales Group
8.3.5. L3Harris Technologies, Inc.
8.3.6. Raytheon (RTX) Corporation
8.3.7. Indra Sistemas, S.A
8.3.8. Saab AB
8.3.9. BAE Systems plc
8.3.10. Lockheed Martin Corporation
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
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Next, we create a well-structured research report that effectively communicates the research findings, insights, and recommendations to the client. To enhance clarity and comprehension, we utilize visual aids such as charts, graphs, and tables. These visual elements are employed to present the data in an engaging and easily understandable format, ensuring that the information is accessible and visually appealing to the client. Our aim is to deliver a clear and concise report that conveys the research findings effectively and provides actionable recommendations to meet the client’s specific needs.

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