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Air Traffic Management Market Trends

  • Report ID: GMI3297
  • Published Date: Sep 2023
  • Report Format: PDF

Air Traffic Management Market Trends

The ATM industry is moving toward increased digitization and automation. Advanced technologies, such as AI, machine learning, and big data analytics, are being employed to optimize air traffic control operations, improve decision-making, and reduce human errors. Further, the concept of Remote Tower Services (RTS) has gained momentum. RTS involves the use of cameras, sensors, and digital communication systems to remotely provide air traffic control services to multiple airports from a centralized location. This trend aids in the efficient use of resources and expertise, especially for smaller airports. Also, the use of Collaborative Decision Making (CDM) involves real-time data sharing and coordination between various stakeholders in aviation including airlines, airports, and air traffic control. This trend aims to reduce delays, optimize flight routes, and enhance overall operational efficiency.

Authors: Suraj Gujar, Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Market size for air traffic management was valued at USD 8.5 billion in 2022 and will register over 5% CAGR from 2023-2032 due to the increasing popularity of air traveling across the globe.

The hardware component segment recorded over 55% share of the air traffic management market in 2022 and will witness significant growth from 2023-2032 on account of its safety, efficiency, and sustainability.

North America held over 30% share of the air traffic management industry in 2022 and is expected to register appreciable CAGR from 2023-2032 owing to the growing initiatives aimed at upgrading the national airspace in the region.

Thales Group (France), Raytheon Technologies Corporation (US), L3Harris Technologies, Inc. (US), Indra Sistemas, S.A. (Spain), and Saab AB (Sweden) are some of the major air traffic management companies worldwide.

Air Traffic Management Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 25
  • Tables & Figures: 265
  • Countries covered: 31
  • Pages: 250
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