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Air Traffic Control Market Trends

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

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Air Traffic Control Market Trends

The aviation industry, which comprises ATC components, has been undergoing digital transformation. This involves the integration of various digital technologies including data analytics, cloud computing, AI, and automation to enhance efficiency, decision-making, and communication within ATC operations. The concept of remote & virtual towers also gained momentum; this involves the use of high-definition cameras, sensors, and advanced displays to enable air traffic management from a centralized location by controllers, thereby providing services for multiple airports. This approach has the capability of enhancing efficiency and reducing infrastructure costs. Collaborative Decision Making (CDM) deals with the coordination among different stakeholders, such as airlines, airports, and ATC, in the aviation ecosystem. By sharing data and working together, CDM can optimize operations, reduce delays, and enhance the overall efficiency.

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.