North America Commercial Air Traffic Management Market

Historic Data: 2020-2021   |   Base Year: 2022   |   Forecast Period: 2023-2030

Analysis – by Type (Air Traffic Services, Air Traffic Flow Management, and Airspace Management), Component (Hardware and Software), Application (Communication, Navigation, Surveillance, Traffic Control, and Others), and Airport Class (Class I, Class II, Class III, and Class IV)  


No. of Pages: 202    |    Report Code: BMIRE00027949    |    Category: Aerospace and Defense

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North America Commercial Air Traffic Management Market

The North America commercial air traffic management market is expected to grow from US$ 2,127.89 million in 2022 to US$ 3,717.70 million by 2030. It is estimated to grow at a CAGR of 7.2% from 2022 to 2030.   

Growing Aircraft Delivery Volumes is Driving the North America Commercial Air Traffic Management Market

The aircraft manufacturing industry has been witnessing constant pressure from the commercial aviation sector to deliver the required volumes of aircraft fleet of various models. Commercial airlines experienced a significant rise in the annual air passenger volume till early 2020. The growing demand for aircraft fleets among the commercial airlines is due to the surging number of low-cost carriers (LCCs) and fleet expansion strategies adopted by the full-service carriers (FSCs). The aircraft manufacturers, such as Airbus and Boeing, are receiving increasing order volumes and adding substantial fleets due to the growing number of LCCs. Currently, the demand for wide-body and narrow-body aircraft fleets is high. However, the inclination toward long-range, narrow body type is increasing as the majority of commercial aviation companies are focusing on enlarging fleet size and lowering operational costs. Such developments are expected to surge the North America commercial air traffic management market growth.

 

North America Commercial Air Traffic Management Market Overview

 

The North America commercial air traffic management market is segmented into the US, Canada, and Mexico. North America has the largest commercial aircraft fleet worldwide, with thousands of daily flights across different airports. This requires continuous monitoring and air traffic management systems for better traffic management and efficient airport operations. North America airport infrastructure is among the oldest infrastructures. Due to this, the demand for replacement and periodic upgrades of air traffic management systems is often raised. Also, the demand for upgrading the existing air traffic management systems across the country is driven by its continuously rising air passenger traffic and commercial aircraft operations across different airports in the countries such as the US and Canada.

 

North America Commercial air traffic management Market Revenue and Forecast to 2030 (US$ Million)

North America Commercial air traffic management Market Revenue and Forecast to 2030 (US$ Million)
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North America Commercial Air Traffic Management Strategic Insights

Strategic insights for the North America Commercial Air Traffic Management provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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North America Commercial Air Traffic Management Report Scope

Report Attribute Details
Market size in 2022 US$ 2,127.89 Million
Market Size by 2030 US$ 3,717.70 Million
Global CAGR (2022 - 2030) 7.2%
Historical Data 2020-2021
Forecast period 2023-2030
Segments Covered By Type
  • Air Traffic Services
  • Air Traffic Flow Management
  • Airspace Management
By Component
  • Hardware
  • Software
By Application
  • Communication
  • Navigation
  • Surveillance
  • Traffic Control
By Airport Class
  • Class I
  • Class II
  • Class III
  • Class IV
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • BAE Systems Plc
  • Honeywell International Inc
  • Indra Sistemas SA
  • L3Harris Technologies Inc
  • Leonardo SpA
  • NEC Corp
  • Raytheon Technologies Corp
  • Saab AB
  • SITA SC
  • Thales SA
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    North America Commercial Air Traffic Management Regional Insights

    The geographic scope of the North America Commercial Air Traffic Management refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    North America Commercial air traffic management Market Segmentation

     

    The North America commercial air traffic management market is segmented into type, component, application, airport class, and country.

     

    Based on type, the North America commercial air traffic management market is segmented into air traffic services, air traffic flow management, and airspace management. The airspace management segment accounted for the largest share in the market in 2022.

     

    Based on component, the North America commercial air traffic management market is segmented into hardware and software. The hardware segment accounted for the larger share in the market in 2022.

     

    Based on application, the North America commercial air traffic management market is segmented into communication, navigation, surveillance, traffic control, and others. The surveillance segment accounted for the largest share in the market in 2022.

     

    Based on airport class, the North America commercial air traffic management market is segmented into Class I, Class II, Class III, and Class IV. The Class I segment accounted for the largest share in the market in 2022. 

     

    Based on country, the North America commercial air traffic management market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.

     

    BAE Systems Plc, Honeywell International Inc, Indra Sistemas SA, L3Harris Technologies Inc, Leonardo SpA, NEC Corp, Raytheon Technologies Corp, Saab AB, SITA SC, and Thales SA are the leading companies operating in the North America commercial air traffic management market.

    The List of Companies - North America Commercial Air Traffic Management Market

    1. BAE Systems Plc
    2. Honeywell International Inc
    3. Indra Sistemas SA
    4. L3Harris Technologies Inc
    5. Leonardo SpA
    6. NEC Corp
    7. Raytheon Technologies Corp
    8. Saab AB
    9. SITA SC
    10. Thales SA
    Frequently Asked Questions
    How big is the North America Commercial Air Traffic Management Market?

    The North America Commercial Air Traffic Management Market is valued at US$ 2,127.89 Million in 2022, it is projected to reach US$ 3,717.70 Million by 2030.

    What is the CAGR for North America Commercial Air Traffic Management Market by (2022 - 2030)?

    As per our report North America Commercial Air Traffic Management Market, the market size is valued at US$ 2,127.89 Million in 2022, projecting it to reach US$ 3,717.70 Million by 2030. This translates to a CAGR of approximately 7.2% during the forecast period.

    What segments are covered in this report?

    The North America Commercial Air Traffic Management Market report typically cover these key segments-

  • Type (Air Traffic Services, Air Traffic Flow Management, Airspace Management)
  • Component (Hardware, Software)
  • Application (Communication, Navigation, Surveillance, Traffic Control)
  • What is the historic period, base year, and forecast period taken for North America Commercial Air Traffic Management Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the North America Commercial Air Traffic Management Market report:

  • Historic Period : 2020-2021
  • Base Year : 2022
  • Forecast Period : 2023-2030
  • Who are the major players in North America Commercial Air Traffic Management Market?

    The North America Commercial Air Traffic Management Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • BAE Systems Plc
  • Honeywell International Inc
  • Indra Sistemas SA
  • L3Harris Technologies Inc
  • Leonardo SpA
  • NEC Corp
  • Raytheon Technologies Corp
  • Saab AB
  • SITA SC
  • Thales SA
  • Who should buy this report?

    The North America Commercial Air Traffic Management Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the North America Commercial Air Traffic Management Market value chain can benefit from the information contained in a comprehensive market report.