Air Traffic Control Equipment Market To Reach $17.6 Billion by 2033

The report “Air Traffic Control Equipment Market By Airspace (Air Route Traffic Control Centers (ARTCC), Terminal Radar Approach Control (TRACON), Air Traffic Control Tower (ATCT), Remote Tower (RT)), By Application (Communication, Navigation, Surveillance, Automation)” is expected to reach USD 17.6 billion by 2033, registering a CAGR of 9.20% from 2026 to 2033, according to a new report by Transpire Insight.

Currently, AI is being extensively employed in optimizing air traffic control operations. Suppliers of ATC equipment and technology are also emphasizing AI-based solutions for airports. The European Organisation for the Safety of Air Navigation, commonly known as EUROCONTROL, is an international organization that focuses on safe and seamless air traffic management in European Member States. AI has become an essential part of EUROCONTROL. This organization is central in technology within the Commission’s strategic initiative. AI is being employed in guiding aircraft, anticipating air traffic, and streamlining the process at ground level. It is estimated that AI in ATC boosts efficiency of operations by 30%. Therefore, within the next few years, AI in ATC will be the most preferred solution at airports when operations are being optimized.

The Air Traffic Control Tower (ATCT) segment is projected to witness the highest CAGR in the Air Traffic Control Equipment Market during the forecast period.

Air Traffic Control Tower (ATCT) Industry: This is the most prominent industry in the international ATC equipment industry. This is because every airport, whatever its size, must have an air traffic control tower to facilitate takeoff, landing, and taxiing, as well as ground handling activities. This makes the air traffic control tower system ubiquitous. The system includes extensive equipment, including communication, surveillance, and automation systems, thereby significantly contributing to international market revenue. In contrast, the ARTCC and TRACON system spans designated regions, and Remote Towers are in their infancy.

The Communication segment is projected to witness the highest CAGR in the Air Traffic Control Equipment Market during the forecast period.

Communication systems constitute the dominating category of air traffic management products. This is because real-time communication between the pilots and the controller is required for safe flight operation at all stages, such as take-off, landing, and the midpoint stage of the flight, which makes it the largest contributor to the revenues of the company. Communication equipment is required for all air traffic control tasks.

The North America region is projected to witness the highest CAGR in the Air Traffic Control Equipment Market during the forecast period.

There is going to be significant growth in the market because it involves big companies such as Raytheon Technologies, Honeywell International Inc., and Northrop Grumman Corporation.

In April 2020, Raytheon Company merged with United Technologies Corporation, and this is kind of a big deal because this helps airports and people from the defense sector get better technology.

Raytheon Technologies Industry is forecast to grow. Raytheon Technologies Industry, as well as companies of a similar nature, shall continue to witness growth.

Europe accounted for the second-largest market in 2019, owing to the high level of investment in the upgrade of conventional systems. The growing technological development in information systems and the need for smart and green airports are expected to drive the European market during the forecast period.

Key Players

The top 15 players in the Positron Emission Tomography Market include BAE Systems, Cyrrus Limited, Indra Sistemas, S.A., Honeywell International Inc., L3Harris Technologies Inc., Raytheon Technologies, Saab AB, Leonardo S.p.A, Thales Group, Westminister Group Plc, Harris Corporation, Northrop Grumman Corporation.

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