Commercial Air Traffic Management Market Scope and Analysis Report by 2031
Commercial Air Traffic Management Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 5.84 Billion |
Market Size by 2031 | US$ 11.20 Billion |
Global CAGR (2023 - 2031) | 8.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
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