What is Global Air Traffic Control (ATC) Market?
The Global Air Traffic Control (ATC) Market is a vast and complex system that plays a crucial role in the aviation industry. It is responsible for managing and controlling the movement of aircraft in the airspace and on the ground. The ATC system ensures the safe and efficient operation of flights by providing services such as flight information, alerting services, and traffic advisory services. The market is driven by factors such as the increasing number of air passengers, advancements in ATC equipment, and the need for efficient airspace management. As of 2023, the market was valued at US$ 8865 million and is projected to reach US$ 10290 million by 2030, growing at a CAGR of 2.3% during the forecast period 2024-2030.
Communication System, Surveillance System, Navigation System, Others in the Global Air Traffic Control (ATC) Market:
The Global Air Traffic Control (ATC) Market is segmented into Communication System, Surveillance System, Navigation System, and Others. The Communication System is the largest segment, accounting for over 31% of the market. It involves the exchange of information between the air traffic controller and the pilot to ensure safe and efficient flight operations. The Surveillance System is used to monitor the movement of aircraft in the airspace and on the ground. The Navigation System helps pilots navigate their aircraft from one place to another. The Other segment includes various other ATC equipment and services.
Civil, Military in the Global Air Traffic Control (ATC) Market:
The Global Air Traffic Control (ATC) Market finds its applications in both Civil and Military sectors. The Civil sector is the largest application, accounting for over 85% of the market. It involves the management of commercial and private aircraft. The ATC system in this sector ensures the safe and efficient operation of flights, thereby contributing to the growth of the aviation industry. On the other hand, the Military sector uses the ATC system for the management of military aircraft. It plays a crucial role in ensuring the security and defense of a country.
Global Air Traffic Control (ATC) Market Outlook:
The Global Air Traffic Control (ATC) Market is expected to witness significant growth in the coming years. As of 2023, the market was valued at US$ 8865 million and is projected to reach US$ 10290 million by 2030. This represents a CAGR of 2.3% during the forecast period 2024-2030. The top five manufacturers in the market hold a share of over 62%. The largest segment in terms of product is the communication system, which holds a share of over 31%. In terms of application, the largest application is civil, which holds a share of over 85%.
| Report Metric | Details |
| Report Name | Air Traffic Control (ATC) Market |
| Accounted market size in 2023 | US$ 8865 million |
| Forecasted market size in 2030 | US$ 10290 million |
| CAGR | 2.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| Segment by Type |
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| Segment by Application |
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| By Region |
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| By Company | Raytheon Technologies, Thales, Honeywell, Indra, Sun Create, Glarun Tech, CETC Laisi, The Second Research Institute of CAAC, Wisesoft, AVIC, CETC Tianao, JEZETEK |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
