The commercial air traffic management market size is projected to reach US$ 11.20 billion by 2031 from US$ 5.84 billion in 2023. The market is expected to register a CAGR of 8.5% during 2023–2031. Launch of new airports and expansion of existing airports to accelerate new installation demand is likely to remain a key trend in the market.
Commercial Air Traffic Management Market Analysis
The buyers of the commercial air traffic management market include commercial airports and their authorities who are increasingly investing in the procurement of advanced air traffic management (ATM) solutions for efficient and safe airline operations. Presently the airport construction projects are in progress making the purchasing power of buyer moderate. However, reaching closer to the end of airport construction, the demand for ATM solutions will increase thereby increasing the bargaining power of the buyers. Additionally, the lifespan of commercial ATM systems is high thereby leading to low bargaining power of buyers presently. However, during the time of updation of new ATM systems across airports specially the existing ones are expected to increase the bargaining power of buyers in the coming years.
Commercial Air Traffic Management Market Overview
The major stakeholders in the global commercial air traffic management market ecosystem include component manufacturers, hardware manufacturers, software providers, government authorities, and end users. The component manufacturers operating in the global commercial air traffic management market offer transmitters, antennas, receivers, indicators, batteries, lights, sensors, and other equipment. The timely supply of all these components is crucial for efficient operation across air traffic management system manufacturing plants. If any operational impact on these component providers there will be delay in the production of air traffic management system, thus directly affecting the commercial air traffic management market.
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Commercial Air Traffic Management Market: Strategic Insights
Market Size Value in US$ 5,644.85 Million in 2022 Market Size Value by US$ 10,279.46 Million by 2030 Growth rate CAGR of 7.8% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Commercial Air Traffic Management Market: Strategic Insights
| Market Size Value in | US$ 5,644.85 Million in 2022 |
| Market Size Value by | US$ 10,279.46 Million by 2030 |
| Growth rate | CAGR of 7.8% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Commercial Air Traffic Management Market Drivers and Opportunities
Continuous Product Innovations and Launches
The global aviation industry is transforming in terms of new and innovative products. The stakeholders across industry verticals are continuously investing in R&D to innovate and develop robust solutions to simplify the industrial operations. The growing demand for air traffic management systems compelled the market players to invest in the development of new and innovative products in recent years. A few of the major product developments are mentioned below:
- In July 2022, EUROCONTROL released an updated air traffic management surveillance tracker and server (ARTAS). The new version (V 9.0.2) has several new community-sourced features, and the issues are reported to be addressed therein.
- In June 2022, Indra Sistemas SA and Eurocontrol Maastricht Upper Area Control Centre (MUAC) announced the deployment of an Aeronautical Telecommunications Network (ATN) and Automatic Dependent Surveillance Contract system (ADS-C) enabling air traffic control systems to manage air traffic0 accurately.
- In June 2022, Thales SA announced the launch of HELIXVIEW, a C3-compliant scanner that combines X-ray nanotechnology-based electronic scanning and 3D imaging reconstruction, to provide higher security to airports and seamless travel facilities to passengers.
Such developments have been pushing the growth of commercial air traffic management market globally.
Rising Adoption of Remote and Virtual Towers
The remote and virtual towers help regulate and maintain air traffic operations remotely. Various airports worldwide have adopted these towers for faster and more secured airport operations. In June 2022, Brindisi Airport inaugurated its first ever remotely managed control tower in Italy. The new remote digital tower will help air traffic controllers to manage take-off, landing, and ground operations from a remote tower module. The module will also assist in air traffic management and enhance the safety and operational efficiency of the airport. In May 2022, it was announced that the airports at Braunschweig-Wolfsburg and Emden in Northern Germany commissioned DFS Aviation Services GmbH (DAS) and Frequentis for the construction of a remote tower center in the region, which is scheduled to commence operations by mid-2024. Thus, the rising adoption of and investment in remote and virtual towers for efficient air traffic management are expected to boost the growth of the commercial air traffic management market.
Commercial Air Traffic Management Market Report Segmentation Analysis
Key segments that contributed to the derivation of the commercial air traffic management market analysis are type, component, application, and airport class.
- Based on type, the commercial air traffic management market is segmented into air traffic services, air traffic flow management, and airspace management. The airspace management segment held a larger market share in 2023.
- Based on component, the commercial air traffic management market is divided into hardware and software. The hardware segment held a larger market share in 2023. The hardware segment is further sub-segmented into radars, antennas, display systems, and others.
- Based on application, the commercial air traffic management market is segmented into communication, navigation, surveillance, traffic control, and others. The surveillance segment held a larger market share in 2023. The navigation segment is further sub-segmented into CVOR, DVOR, DME, ILS, DF, and NDB. The surveillance segment is further sub-segmented into PSR, SSR, and MLAT.
- Based on airport class, the commercial air traffic management market is segmented into Class I, Class II, Class III, and Class IV. The Class I segment held a larger market share in 2023.
Commercial Air Traffic Management Market Share Analysis by Geography
The geographic scope of the commercial air traffic management market report is mainly divided into five regions: North America, Europe, Asia Pacific, Middle East & Africa, and South America.
North America has dominated the market in 2023 followed by Europe and Asia Pacific regions. Further, Asia Pacific is likely to surpass the North America market along with the highest CAGR in the coming years. The US dominated the North American commercial air traffic management market in 2023. This is mainly due to The US aviation industry is one of the major countries in the global aviation sector. The country has largest number of aircraft fleet that caters to millions of passengers per year. For instance, the US airline companies more than 862 million passengers in 2023. The rise in passenger traffic is leading to procurement of a larger number of aircraft fleet across the US carriers and generating more requirement for the ATM operations. Moreover, the upgrading of existing ATC towers across different US airports and commissioning of new ATC towers across different airports in the US is catalyzing the commercial air traffic management market growth across the country. Several airports across the country have gone through different expansion processes that also include the construction of new terminals, ATC towers, and upgrades of other sectors across the airports. For instance, in August 2022, the Phoenix-Mesa Gateway Airport commercialized a ATC tower for handling the growing air traffic across the airport in Arizona. Similarly, the Federal Aviation Administration (FAA) is implementing several airport plans to upgrade its air traffic management systems for the transformation of the US airspace thereby enhancing its safety, efficiency, and environmental responsibilities. Such factors have been pushing the growth of the US commercial air traffic management market in the North America region.
Commercial Air Traffic Management Market Report Scope
Commercial Air Traffic Management Market News and Recent Developments
The commercial air traffic management market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the commercial air traffic management market are listed below:
- Following the contract signed in 2014 with Zambia Airports Corporation Limited(ZACL), Thales is modernising the ATC (air traffic control) centres at Lusaka and Livingstone international airports in Zambia. (Source: Thales, Press Release, Oct 2023)
- EUROCONTROL MUAC and Indra have implemented an innovative ATN Automatic Dependent Surveillance Contract system (ADS-C) for automated data exchanges with aircraft in flight to increase the accuracy with which traffic is managed. It will boost predictability, facilitate early conflict detection and it will be the first step towards Trajectory Based Operations (TBO). It will also optimize aircraft climbs and descents, keeping them at optimal flight levels for longer and minimizing fuel consumption (Source: Indra, Press Release, Jun 2022)
Commercial Air Traffic Management Market Report Coverage and Deliverables
The “Commercial Air Traffic Management Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:
- Commercial air traffic management market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Commercial air traffic management market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed porter’s five forces analysis
- Commercial air traffic management market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the commercial air traffic management market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, Component, Application, Airport Class, and Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
North America region dominated the commercial air traffic management market in 2023.
Growing aircraft delivery volumes and continuous product innovations and launches are some of the factors driving the growth for commercial air traffic management market.
Launch of new airports and expansion of existing airports to accelerate new installation demand is one of the major trends of the market.
Thales SA, BAE Systems Plc, Indra Sistemas SA, L3Harris Technologies Inc, Raytheon Technologies Corporation, Honeywell International Inc, SAAB AB, SITA SC, NEC Corp, Nita LLC, JSC VNIIRA, Azimut JSC, and Leonardo SpA are some of the key players profiled under the report.
The estimated value of the commercial air traffic management market by 2031 would be around US$ 11.20 billion.
The commercial air traffic management market is likely to register of 8.5% during 2023-2031.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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