Air Traffic Management (ATM) Market

Harris Corporation (U.S.), Saab AB (Sweden), and Honeywell International (U.S.), are the Key Players in the Air Traffic Management Market.

Air traffic management systems comprise integrated management of air traffic and airspace solutions involving airborne and ground-based functions that are necessary to maintain safe and efficient flow of air traffic. These systems are a combination of electronic equipment, software, and services, which govern aircraft operations on ground and through controlled airspace where Instrumental Flight Rules (IFR), Visual Flight Rules (VFR), and Special Visual Flight Rules (SVFR) have to be followed.

Growth of the air traffic management market is dependent on the number of modernization contracts of existing airports and construction of new Greenfield airports across the globe. The air traffic management market is projected to grow from USD 50.01 billion in 2016 to USD 97.30 billion by 2022, at a CAGR of 11.73% from 2016 to 2022. Increasing airspace congestion, need to reduce aviation emissions, and development of new airport infrastructure across the globe are the key factors driving the growth of the air traffic management market.   

The Raytheon Company (U.S.), Indra Sistemas S.A. (Spain), Thales Group (France), Harris Corporation (U.S.), Saab AB (Sweden), and Honeywell International (U.S.), among others, are the key players in the air traffic management market.

Contracts and acquisitions are the key growth strategies adopted by the leading players to strengthen their position in the air traffic management market. Core competencies of these leading market players include expansion of their geographical presence by making increased investments in R&D and developing strong relationships with government and civil agency clients.

The Thales Group (France) has a strong product portfolio, and focuses on expansions and contracts to increase its product offerings and market shares. The company has enhanced its revenue through 24 contracts worth USD 123 million that it received in 2015 and five major contracts worth USD 563 million each in the same year. The company has a portfolio of 15,000 patents, out of which 400 new applications were filed in 2013. Its strong R&D capabilities have helped the company to enhance its market position, and expand its portfolio of innovative products and services. All the aforementioned factors are expected to provide competitive edge to the company over other key players in the market. For instance, in November 2016, the Thales Group received a contract from the U.S. Air Force to provide three D-ILS (Deployable – Instrument Landing System). These systems will improve the reliability, maintainability, and supportability over legacy Precision Approach Radar Systems at tactical airfields and fixed bases.

Indra Sistemas is a leading provider of ATM solutions with a strong distribution and service network. One of the key strategies adopted by Indra Sistemas was in-house development of technologies and solutions instead of outsourcing them to third parties. The company caters to varied industries such as transport & traffic, public administration, energy & industry, security & defense, financial services, healthcare, and telecom & media. In October 2016, Indra Sistemas received a contract from the Air Traffic Control of the Netherlands (LVNL) and Deutsche Flugsicherung (DFS) for the development and implementation of air traffic management systems and iCAS (iTEC Center Automation System).

These companies are involved in various projects on air traffic management with government air service providers. In March 2016, Harris Corporation received a contract from NATS, the U.K.’s air navigation service provider for supply of next-generation VoIP communications system to support Air Traffic Management (ATM) services of the U.K. The company’s cloud-based VCS21 communication system is expected to be installed at three facilities in the U.K. with 600 controllers.

Related Reports:

Air Traffic Management (ATM) Market by Domain (ATC, ATFM, AIM), End-Use (Communication, Navigation, Surveillance, Automation & Simulation), Investment Type (Greenfield, Brownfield), Airport Class (A,B,C,D), System & Region-Global Forecast to 2022

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Report Code
AS 4951
Published ON
Jan, 2017
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