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Air Traffic Control Market Size

  • Report ID: GMI5060
  • Published Date: Jan 2024
  • Report Format: PDF

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Air Traffic Control Market Size

Air Traffic Control Market was valued at USD 8.9 billion in 2023 and is estimated to register a CAGR of over 7% between 2024 and 2032. The aviation industry has been experiencing a steady growth in passenger & cargo air travel. The interconnected global economy relies heavily on-air transportation for the timely movement of goods & people across borders. Ensuring the safety of aircraft & passengers is of utmost importance in aviation. Advanced Air Traffic Control (ATC) technologies, such as better radar systems, satellite-based navigation, and real-time data sharing, enhance situational awareness and reduce the risks of accidents. The rising use of drones & UAVs in various applications is leading to new challenges in airspace management. As air travel becomes more accessible in the developing regions, the demand for Air Traffic Control (ATC) services will also increase.

 

Air Traffic Control Market

Air Traffic Control (ATC) is a fundamental pillar of the aviation industry, encompassing a complex network of systems, procedures, and professionals dedicated to ensuring the safe, orderly, and efficient movement of aircraft within controlled airspaces. At its core, ATC serves as a vigilant guardian that coordinates & manages takeoffs, landings, and airborne routes to prevent collisions and maintain a smooth flow of air traffic.

High air traffic levels are giving rise to congestion in certain airspace sectors and at major airports, leading to delays and increasing the workload of controllers. The finite capacity for handling aircraft movements is another significant challenge faced by airports and certain airspace sectors. This is causing restrictions on the number of flights that can be accommodated within a specific timeframe.

 

 

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The market size for air traffic control was valued at USD 8.9 billion in 2023 and is estimated to register over 7% CAGR between 2024 and 2032 as the aviation industry has been experiencing a steady growth in passenger & cargo air travel.

The commercial segment accounted for a revenue share of over 70% in 2023 and is estimated to register a CAGR of over 7.5% during 2023-2032 owing to the economic growth, rising middle-class populations in emerging nations, and increased connectivity.

North America air traffic control market share was over 30% in 2023 and will grow significantly through 2032 due to the rapid growth in air travel, the expansion of commercial & cargo aviation routes, and the adoption of advanced technologies to enhance safety & efficiency.

Thales, Raytheon Technologies Corporation, L3Harris Technologies Inc., Indra Sistemas S.A., Saab AB, NATS Holding, and Lockheed Martin Corporation.

Air Traffic Control Market Scope

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  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 300
  • Countries covered: 15
  • Pages: 250
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