impact of recession on your business
 Air Traffic Control Market

Air Traffic Control (ATC) Market by Airport Size (Large, Medium, and Small), by Airspace (ARTCC, TRACON, ATCT, RT), by Application (Communication, Navigation, Surveillance, Automation), by Offering (Hardware, Software, Services), by Sector (Commercial, and Military & Defense), by Regions and Global Forecast 2022-2028

Report Id: SNS/A&D/1875 | June 2022 | Region: Global | 125 Pages

Report Scope & Overview:

Air Traffic Control Market Size was valued at USD 10.54 billion in 2021 and US$ 11.04 billion in 2022, expected to reach USD 14.63 billion by 2028, and grow at a CAGR of 4.8% over the forecast period 2022-2028.

The Air Traffic Control Market report provides the current market size, defines trends, and forecasts growth to 2028. All market revenue figures are given in US dollars. The supply side analyses the Air Traffic Control Market, taking into account market penetration in all regions around the world. The study also provides market insights and analysis of the Air Traffic Control Market, highlighting technological market trends, adoption rate, industry dynamics, and competitive analysis of major Air Traffic Control Industry players.

Air Traffic Control Market Revenue Graph

MARKET DYNAMICS:

KEY DRIVERS:

  • The growing need to modernize existing airports and build new facilities is expected to drive the Air Traffic Control market.

RESTRAINTS:

  • an increase in the number of airports, the need for improved airspace management systems, and an increase in the number of passengers

  • The possibility of a cyber attack, the high cost of ATC systems, and the adoption of satellite-based air-traffic control systems all have a significant impact on the market.

OPPORTUNITIES:

  • Many developing countries have plans to build new airports to improve domestic and international air travel.

  • India intends to build an additional 100 airports by the end of 2024.

THE IMPACT OF COVID-19

COVID-19 has the potential to have three significant effects on the global economy: directly affecting production and demand, disrupting supply chains and markets, and having a financial impact on businesses and financial markets. Our analysts, who are monitoring the situation around the world, believe that the market will provide producers with profitable opportunities in the aftermath of the COVID-19 quandary.

The market for air traffic control is divided into four segments: communication, navigation, surveillance, and automation. During the forecast period, the automation segment is expected to grow at a higher CAGR of 6.8 percent in the Air traffic control Market. It is rapidly expanding as airports and air traffic controllers engage in simulations, and it is being fueled by the increased use of remote towers. As a result, during the forecast period, this major factor will drive the growth of the automation segment in global air traffic control.

The market is divided into three categories based on airport size: small, medium, and large. The large segment is expected to be the fastest-growing market segment during the forecast period. This expansion can be attributed to the increasing demand for the installation of advanced security systems in airports, as well as the demand for system customization around the world. The medium segment, on the other hand, was the largest.

Increased demand for airport ground support services will propel the ATCT segment. The market is divided into four categories based on airspace management: Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), and Remote Tower (RT). The air traffic control tower (ATCT) segment is expected to be the market's fastest-growing segment during the forecast period. This expansion is attributed to increasing airport fleets and ground support systems at airports, with the ARTCC segment being the largest.

MARKET KEY PLAYER

Indra Sistemas SA, Leonardo S.p.A, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Sky Soft-ATM, and Thales Group, Adacel Technologies Limited, BAE Systems, Frequentis AG, and other players.

KEY MARKET SEGMENTATION:

by Airport Size:

  • Large

  • Medium

  • Small

by Airspace:

  • ARTCC

  • TRACON

  • ATCT

  • RT

by Application:

  • Communication

  • Navigation

  • Surveillance

  • Automation

by Offering:

  • Hardware

  • Software

  • Services

by Sector:

  • Commercial

  • Military & Defense

Air Traffic Control Market Segment Chart

REGIONAL ANALYSIS

From 2022 to 2028, the Middle East air traffic control market is expected to grow at the fastest CAGR. This expansion is primarily due to the modernization of airport infrastructure, which has led to increased procurement of air traffic control equipment to streamline flight operations. Increased passenger traffic through the Middle East region has increased demand for air traffic services.

The UAE is a major contributor to the Middle East market's growth. Given the number of airports and rising passenger traffic, the country leads the global market. In addition, the construction of a new airport in the countries under consideration for the study is important because new airports will necessitate the installation of a control tower. These control towers will be outfitted with all the latest systems.

REGIONAL COVERAGE:

  • North America

    • USA

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Italy

    • Spain

    • The Netherlands

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • south Korea

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • The Middle East & Africa

    • Israel

    • UAE

    • South Africa

    • Rest of Middle East & Africa

  • Latin America

    • Brazil

    • Argentina

    • Rest of Latin America

Air Traffic Control Market Report Scope:
Report Attributes Details
Market Size in 2021 US$ 10.54 Billion
Market Size by 2028 US$ 14.63 Billion
CAGR CAGR of 4.8% From 2022 to 2028
Base Year 2021
Forecast Period 2022-2028
Historical Data 2017-2020
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Airport Size (Large, Medium, and Small)
• By Airspace (ARTCC, TRACON, ATCT, RT)
• By Application (Communication, Navigation, Surveillance, Automation)
• By Offering (Hardware, Software, Services)
• By Sector (Commercial, and Military & Defense)
Regional Analysis/Coverage North America (USA, Canada, Mexico), Europe
(Germany, UK, France, Italy, Spain, Netherlands,
Rest of Europe), Asia-Pacific (Japan, South Korea,
China, India, Australia, Rest of Asia-Pacific), The
Middle East & Africa (Israel, UAE, South Africa,
Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America)
Company Profiles Indra Sistemas SA, Leonardo S.p.A, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Sky Soft-ATM, and Thales Group, Adacel Technologies Limited, BAE Systems, Frequentis AG, and other players.
DRIVERS • The growing need to modernize existing airports and build new facilities is expected to drive the Air Traffic Control market.
RESTRAINTS • an increase in the number of airports, the need for improved airspace management systems, and an increase in the number of passengers
• The possibility of a cyber attack, the high cost of ATC systems, and the adoption of satellite-based air-traffic control systems all have a significant impact on the market.


Frequently Asked Questions (FAQ) :

Financial, Products/ Services Offered, SWOT Analysis, The SNS view.

The possibility of a Cyber-attack, the high cost of ATC systems, and the adoption of satellite-based air-traffic control systems all have a significant impact on the market.

The Middle East air traffic control market is expected to grow at the fastest CAGR.

And The UAE is a major contributor to the Middle East market's growth.

According to SNS insiders, the global market size was USD 10.54 billion in 2021 and is expected to reach USD 14.63 billion by 2028

The United States Navy has awarded BAE System Plc a multi-year USD 65.7 million contract.


Table of Contents

 

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

 

2. Research Methodology

 

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

 

4. Impact Analysis

4.1 COVID 19 Impact Analysis

 

5. Value Chain Analysis

 

6. Porter’s 5 forces model

 

7.  PEST Analysis

 

8.Air Traffic Control Market, by Airport Size

8.1 Large

8.2 Medium

8.3 Small

 

9.Air Traffic Control Market, by Airspace

9.1 ARTCC

9.2 TRACON

9.3 ATCT

9.4 RT

 

10.Air Traffic Control Market, by Application

10.1 Communication

10.2 Navigation

10.3 Surveillance

10.4 Automation

 

11.Air Traffic Control Market, by Offering

11.1 Hardware

11.2 Software

11.3 Services

 

12.Air Traffic Control Market, by Sector

12.1 Commercial

12.2 Military & Defense

 

13. Regional Analysis

13.1 Introduction

13.2 North America

13.2.1 USA

13.2.2 Canada

13.2.3 Mexico

13.3 Europe

13.3.1 Germany

13.3.2 UK

13.3.3 France

13.3.4 Italy

13.3.5 Spain

13.3.6 The Netherlands

13.3.7 Rest of Europe

13.4 Asia-Pacific

13.4.1 Japan

13.4.2 South Korea

13.4.3 China

13.4.4 India

13.4.5 Australia

13.4.6 Rest of Asia-Pacific

13.5 The Middle East & Africa

13.5.1 Israel

13.5.2 UAE

13.5.3 South Africa

13.5.4 Rest

13.6 Latin America

13.6.1 Brazil

13.6.2 Argentina

13.6.3 Rest of Latin America

 

14.Company Profiles

14.1 Honeywell

14.1.1 Financial

14.1.2 Products/ Services Offered

14.1.3 SWOT Analysis

14.1.4 The SNS view

 

14.2 BAE Systems

14.3 Harris

14.4 Raytheon Technologies

14.5 Saab AB

14.6 Thales Group

14.7 Northrop Grumman

14.8 Indra Sistemas

14.9 ANPC

14.10 Comsoft Solution

 

15. Competitive Landscape

15.1 Competitive Benchmarking

15.2 Market Share analysis

15.3 Recent Developments

 

16. Conclusion

 

An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.

Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.

 

The 5 steps process:

Step 1: Secondary Research:

Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.

Secondary Research

Step 2: Primary Research

When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data.  This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.

We at SNS Insider have divided Primary Research into 2 parts.

Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.

This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.

Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.

Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.

Step 3: Data Bank Validation

Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.

Step 4: QA/QC Process

After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.

Step 5: Final QC/QA Process:

This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.