The air traffic control (ATC) market is worth $13.5 billion by 2027

CHICAGO, Nov. 25, 2022 /PRNewswire/ — The Air traffic control (ATC) market. is estimated to be USD 9.0 billion in 2022 and is expected to reach USD 13.5 billion by 2027, at a CAGR of 8.4% from 2022 to 2027, according to a new report from MarketsandMarkets™. The growth of this market can be attributed to the increase in passenger air traffic, as more aircraft use the same available airspace. The aviation industry is constantly evolving due to the development of advanced technologies and increasing investments in airport infrastructure, which should lead to an increase in the demand for ATC.

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Modernization of air traffic control infrastructure.

The demand for better airspace control is growing due to the increase in passenger air traffic and airport development projects in various regions. The Federal Aviation Administration (FAA) has implemented effective airspace and air traffic control measures. Some of the measures implemented for better use of airspace include the airspace control order, the airspace control plan and the airspace coordination area. These measures allow the movement of people and air commerce at optimal levels of safety and efficiency and meet the national security needs of the country.

Over the next 10 years (2020-2030), there will be a significant increase in passenger air traffic, which is expected to increase delays and congestion in the airspace. According to an article published by the BBC in February 2022official data shows that 11% of UK flights were delayed in the second quarter of last year, while 16% of US flights took off at the end of 2021. Other issues affecting the efficiency of ATC system operations include environmental and national security issues.

Geilenkirchen NATO Air Base Germany it houses the world’s first digital air traffic control tower. The basis is equipped with a state-of-the-art Saab r-TWR system. The German Air Force Authority has certified Saabs r-TWR as the first fully operational military digital tower solution in NATO (LufABw).

In October 2021, At the World ATM Congress 2021, Adacel Technologies, Ltd. presented its latest developments of the Aurora and MaxSim system. Aurora is the company’s leading air traffic control solution offered for procedural airspace management in a surveillance environment used for ocean, en route, approach and tower airspace environments. MaxSim is the leading air traffic simulation and training system. The company demonstrated MaxSim’s new immersive virtual reality experience and unveiled its latest cloud-based solution. Additionally, the company is excited to introduce AeroScene, the new cutting-edge imaging (IG) solution that delivers unprecedented visual capabilities.

Based on the application, the automation sub-segment is estimated to dominate the market during the forecast period.

Automation in air traffic management systems is essential to improve aircraft safety, improve cost-saving efficiency, and support air traffic controllers to facilitate smooth aircraft and ground operations. Recent years have seen a technological shift, suggesting that automation could disrupt business operations. Automation can reduce costs and improve safety. With the emergence of Big Data, AI and IoT technologies, real-time information about aircraft is available, and with advanced analytics, air traffic controllers can manage systems remotely.

In May 2022The Qatar Civil Aviation Authority (QCAA) has selected Frequentis (Austria) to upgrade its existing voice communication system (VCS) and modernize its air traffic control (ATC) tower operation to meet the air traffic demand resulting from the World Cup in the country in 2022. The ATM system provided by Frequentis has electronic flight strips integrated with the ATM system, marking the next generation of tower automation, enabling QCAA to handle the expected significant increase in air traffic.

Based on the type of investment, the greenfield segment is estimated to dominate the market during the forecast period.

In greenfield projects, all activities from planning to commissioning are done on an undeveloped site. In addition, greenfield airports are planned in cities that are not connected by air services. Some greenfield airports are also being built near existing airports to effectively handle growing air passenger traffic, as well as to meet the growing need for increased capacity and efficiency.

For example, inside February 2018the Prime Minister of India announced the construction of an airport in Navi Mumbai, which requires an investment of USD 2.58 billion. Furthermore, the government plans to develop greenfield airports in 6 cities – Nizamabad, Nellore, Kurnool, Ramagundam, Tadepalligudem and Kothagudem which would in turn lead the implementation of new ATC systems in these airports. Similarly, other countries such as China, Indonesiaas well as Middle Eastern countries are also investing in greenfield airports which has led to an increase in greenfield towers.

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Air traffic control (ATC) market. Asia Pacific region to grow at the highest CAGR during the forecast period.

The Asia Pacific The region is estimated to increase at its highest CAGR in the forecast period 2022 to 2027, due to the expansion of various major airports along with the implementation of next generation air traffic control (ATC) systems.

For example, according to the ACI World report, Global Outlook of Airport Capital Expenditure 2021, Asia Pacific includes approx $1.3 trillion of CAPEX required from 2021 to 2040, more than 50% of global CAPEX required. This reflects the rapid growth of passengers in the region and the resulting demand to develop new greenfield airports and to modernize and expand existing airport infrastructure. New greenfield airport construction (44% of the total CAPEX required in the region) will be required to support the capacity needs of passenger growth across the region. This should drive demand for new installations of ATC solutions.

The Middle East’s aviation industry has benefited greatly from the region’s strategic location at the crossroads of major economies Asia, AfricaAnd Europe. Thanks to its geographical position, Middle Eastern carriers can easily connect to any continent of the world: planes can reach almost all of them Asia, AfricaAnd Europe within an eight-hour flight radius of established international hubs of Doha, DubaiAnd Abu Dhabi.

Key players or Air Traffic Control (ATC) Market:

Major players in the air traffic control (ATC) market are Thales Group (France), Raytheon Technologies Corporation (USA), L3Harris Technologies, Inc. (USA), Indra Sistemas SA (Spain), and Saab AB (Sweden). The report covers various industry trends and new technological innovations in the Air Traffic Control (ATC) market for the period 2018-2027.

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