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Air Traffic Control (ATC) Market Report Scope & Overview:

The Air Traffic Control (ATC) Market Size was valued at US$ 11.04 billion in 2022 expected to reach USD 16.07 billion by 2030 with a growing CAGR of 4.8% over the forecast period 2023-2030.

The Air Traffic Control Market report provides the current market size, defines trends, and forecasts growth to 2030. 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 (ATC) Market Revenue Analysis

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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.

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% 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.

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 (ATC) Market Segmentation Analysis

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REGIONAL ANALYSIS

From 2023 to 2030, 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

KEY PLAYERS

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

Indra Sistemas SA-Company Financial Analysis

Air Traffic Control (ATC) Market Report Scope:

Report Attributes Details
Market Size in 2022 US$ 11.04 Billion
Market Size by 2030 US$ 16.07 Billion
CAGR CAGR of 4.8% From 2023 to 2030
Base Year 2022
Forecast Period 2023-2030
Historical Data 2020-2021
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, 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

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

4.2 Impact of Ukraine- Russia War

4.3 Impact of Ongoing Recession

4.3.1 Introduction

4.3.2 Impact on major economies

4.3.2.1 US

4.3.2.2 Canada

4.3.2.3 Germany

4.3.2.4 France

4.3.2.5 United Kingdom

4.3.2.6 China

4.3.2.7 Japan

4.3.2.8 South Korea

4.3.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7.  PEST Analysis

8. Air Traffic Control Market Segmentation, by Airport Size

8.1 Large

8.2 Medium

8.3 Small

9. Air Traffic Control Market Segmentation, by Airspace

9.1 ARTCC

9.2 TRACON

9.3 ATCT

9.4 RT

10. Air Traffic Control Market Segmentation, by Application

10.1 Communication

10.2 Navigation

10.3 Surveillance

10.4 Automation

11. Air Traffic Control Market Segmentation, by Offering

11.1 Hardware

11.2 Software

11.3 Services

12. Air Traffic Control Market Segmentation, 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

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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

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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.

Primary Research

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Data Bank Validation

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