Commercial Air Traffic Management Market Share, Size, and Outlook by 2031
Commercial Air Traffic Management Market: Strategic Insights
Commercial Air Traffic Management Market
-
CAGR (2023 - 2031)8.5% -
Market Size 2023
US$ 5.84 Billion -
Market Size 2031
US$ 11.20 Billion
Market Dynamics
GROWTH DRIVERS
- Growing aircraft delivery volumes
- Continuous product innovations and launches
FUTURE TRENDS
- Launch of new airports and expansion of existing airports to accelerate new installation demand
OPPORTUNITIES
- Rising Adoption of Remote and Virtual Towers
Key Players
- Thales SA
- BAE Systems Plc
- Indra Sistemas SA
- L3Harris Technologies Inc
- Raytheon Technologies Corp
- Honeywell International Inc
- Saab AB
- SITA SC
- NEC Corp
- Nita LLC
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Air Traffic Services
- Air Traffic Flow Management
- Airspace Management
Component - Hardware
- Software
Application - Communication
- Navigation
- Surveillance
- Traffic Control
Airport Class - Class I
- Class II
- Class III
- Class IV
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