The new report by EMR titled, ‘Global Air Traffic Control (ATC) Market Report and Forecast 2022-2027’, gives an in-depth analysis of the global air traffic control market, assessing the market based on its segments like airspaces, applications, offerings, airport sizes, sectors, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.
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The key highlights of the report include:
Market Overview (2017-2027)
- Historical Market Size (2021): USD 9.18 billion
- Forecast CAGR (2022-2027): 60%
- Forecast Market Size (2027): USD 11.83 billion
The air traffic control industry is being driven by the increasing passenger traffic in the aviation sector, which is leading to a rise in demand for services to streamline increasing aircraft numbers. As a result, there is a growing requirement of air traffic control industry to organise the aircraft on ground and to ensure the safety of the staff and passengers by providing assistance in emergency situations. Further, the increased construction of airports, as a part of government initiatives to support more aircraft is also expected to contribute to the market growth. Moreover, the development of remote air traffic control towers to reduce costs and manage labour shortages is expected to fuel the industry growth in the forecast period.
Industry Definition and Major Segments
Air traffic control (ATC) can be defined as a service offered by ground-based controllers who manage the aircraft in controlled airspace. Air traffic controllers provide instructions to the aircraft for navigation, pilot assistance, and air traffic organisation. They also keep track of the location of aircraft using radar and communicate to the pilots using radio.
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The air traffic control industry, based on airspace, is categorised into:
- Air Route Traffic Control Centres
- Terminal Radar Approach Control
- Air Traffic Control Tower
On the basis of application, the market can be divided into:
- Communication
- Navigation
- Surveillance
- Automation
Based on offering, the market is segregated into:
- Hardware
- Software and Solutions
- Services
On the basis of airport size, the market is divided into:
- Large
- Medium
- Small
Based on sector, the market is bifurcated into:
- Commercial
- Military and Defence
The regional markets of air traffic control include:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Market Trends
The improved living standards and an increase in the number of airlines offering affordable services are leading to the increased passenger traffic in the aviation sector. In this regard, air traffic control is highly required to mitigate the risk of any aircraft disaster. In addition, the rapid adoption of advanced technologies such as advanced surface movement ground control systems (ASMGCS), advanced integrated automation systems, performance based navigation (PBN), standard instrument departures (SIDs), and STARs (Standard Terminal Arrival Routes) in the developing countries is projected to bolster the industry growth over the forecast period.
Key Market Players
The major players in the market are Adacel Technologies Limited, BAE Systems plc, Frequentis AG, Indra Sistemas, S.A., Leonardo S.p.A., Northrop Grumman Corporation, Raytheon Technologies Corporation, and Saab AB, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
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