Fri, 20 May 2022

Air Traffic Control Market Statistics 2020-2027:The global air traffic control market was valued at $8.41 billion in 2019, and is projected to reach $11.50 billion by 2027, registering a CAGR of 4.1% from 2020 to 2027.

Air traffic control (ATC) is a service provided by ground-based air traffic controllers, which guides the pilot to ensure safety of the aircraft in the controlled airspace as well as on the ground. In addition, ATC provides advisory services for the non-controlled airspace as well. The primary aim of the ATC is to expedite the flow of air traffic as well as to avoid collision of the various aircrafts.

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Major Market Players:• ADACEL TECHNOLOGIES LIMITED• BAE SYSTEMS• FREQUENTIS AG• INDRA SISTEMAS SA• LEONARDO S.P.A• NORTHROP GRUMMAN CORPORATION• RAYTHEON TECHNOLOGIES CORPORATION• SAAB AB• SKYSOFT-ATM• THALES GROUP

The global air traffic control market is segmented based on airspace, application, offering, airport size, sector and region. By airspace, the market is segmented into ARTCC, TRACON, ATCT, and remote tower segments. Further, the applications of ATC include communication, navigation, surveillance, and automation. Based on offerings, the market is segmented into hardware, software & solutions, and services. Moreover, the market is segmented based on airport size into large, medium, and small. By sector, the market is Download Report (350 Pages PDF with Insights, Charts, Tables, Figures) at split into commercial and military & defense.

Top Impacting FactorsThe significant factors impacting the growth of the air traffic control market include rise in number of airports, need of better airspace management systems, and increase in number of passengers. Further, potential risk of cyber threat, high cost of ATC systems, and adoption of the satellite based air-traffic control systems also have a significant impact on the market. Each of these factors is anticipated to have a definite impact on the air traffic control market during the forecast period (2020-2027).

Key Market Segments• BY APPLICATIONo COMMUNICATIONo NAVIGATIONo SURVEILLANCEo AUTOMATION• BY OFFERINGSo HARDWAREo SOFTWARE &SOLUTIONSo SERVICES• BY SECTORo COMMERCIALo MILITARY & DEFENSE• BY AIRSPACEo AIR ROUTE TRAFFIC CONTROL CENTERS (ARTCC)o TERMINAL RADAR APPROACH CONTROL (TRACON)o AIR TRAFFIC CONTROL TOWER (ATCT)o REMOTE TOWER• BY AIRPORT SIZEo Largeo Mediumo Small

Rise in number of airportsAir transportation is considered as the safest mode of transportation when compared with all the other modes of transportation. In addition, global increase in population is anticipated to create demand for the additional airports to facilitate the east for air transportation, which is driving the air traffic control market growth. Moreover, it is anticipated that large investments will cater the need of new airports, especially in developing countries/regions.

Many developing countries have plans to open new airports to facilitate the air transportation within and across the country. For instance, as part of PM Narendra Modi's vision to make India a $5 trillion economy by end of year 2025, India is planning to open additional 100 airports by the end of year 2024. This will directly create additional demand for the air traffic control systems, which boost the growth of the market.

Need of better airspace management systemsIn accordance with the data releases by the International Civil Aviation Organization (ICAO), the number of departures reached about 37.8 million in 2018, which was a 3.5% increase over the last year. This data clearly indicates the increase in the global air traffic. This results in the increased burden on the existing air space management solutions, which translates into high higher risk of the air fatalities. For instance, the global aviation accident rate increased to 2.6 accidents per million schedule departures for year 2018, from 2.4 accidents per million scheduled departures in 2017. Thus, there is a need for better airspace management solutions, which is driving the global ATC market

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