Future Growth Potential is Enhanced by Growth Opportunities in ATM
After the downturn caused by the COVID-19 pandemic, the global commercial air traffic management (ATM) market will witness growth due to the rising adoption of automation and digital technologies, including remote towers, predictive technologies, and artificial intelligence (AI). The growing pressure to handle heavy air traffic is driving air navigation service providers’ (ANSP) spending on the overall modernization of ATM infrastructure. Worth $3.58 billion in 2019, revenue is expected to reach $4.89 billion in 2027, at a compound annual growth rate (CAGR) of 4.0% (however, revenue trajectory will vary by segment).
Research Scope
This research service on the commercial ATM market encompasses communication, navigation, surveillance, automation, and simulation systems. The study covers the global market and provides an 8-year forecast. Market forecast is based on the rate at which ATM systems are adopted by various airport tiers and area control centers (ACCs).
Research Highlights
The study also examines the following areas:
- Market trends
- Growth opportunities for ATM suppliers
- Segment and revenue stream analysis
- ATM-related segment analysis (UTM and flying cars)
- ATM supply chain (distribution channels and supply chain trends)
- Competitive landscape
- Current innovation and future ATM concepts
In addition, the research service presents the strategies of incumbents, growth drivers and restraints, and industry challenges (including the effect of both unmanned aerial vehicles (UAVs) and urban air mobility (UAM) on the ATM market). The study discusses the impact of emerging ATM markets such as China and Russia and analyzes evolving opportunities and threats for incumbents. It provides the market share of key participants, including Indra, L3Harris, Frequentis, Leidos, Thales, and FLYHT.
Key Issues Addressed
- What are the negative impacts of the COVID-19 pandemic on the market?
- What major trends will reshape the ATM supply chain? How will the structure of the market change over the next decade?
- Where is innovation coming from in the ATM segments? Which of the sub-segments are poised for growth?
- What are the strategies of incumbents and aircraft integrators?
- What technological initiatives are being prioritized and undertaken? What are the evolving opportunities and new revenue streams for incumbents?
- What is the effect of emerging markets (Asia-Pacific, Africa) on the ATM supply chain?
- What is the effect of UAV and UAM on the market?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Indra
- L3Harris
- Frequentis
- Leidos
- Thales
- FLYHT
