In 2021, the global air traffic control market is predicted to be worth US$ 4553.6 million, growing at a CAGR of 4.8 percent over the forecast period (2021-2028).

Air Traffic Control Market

Ground-based air traffic controllers conduct air traffic control (ATC), which directs airplanes on the ground and through controlled airspace. ATC's main goal is to avoid crashes, organize and expedite air traffic flow, and give information and other support to pilots. During takeoff and landing at airports, an air traffic controller directs airplanes to maintain a safe distance from one another on the ground and in the sky. In addition, the controller assists aircraft during inclement weather to ensure minimal delays.

Recent Happenings:

BAE Systems plc announced in June 2019 that it would deliver Boeing's new carrier-based unmanned air refueling platform with the Vehicle Management Control System and the Identification Friend or Foe (IFF) System.

Raytheon Company and WEY Technology announced a collaboration in October 2019 to co-develop the Multi-platform Air Traffic Control Market Re-hosting Solution, or MARS, a next-generation air traffic controller workstation.

skies, Belgium's Air Traffic Control agency, selected Saab Digital Air Traffic Solutions (SDATS) for a long-term framework deal for their Digital Tower program in August 2021.

The market for global Air Traffic Control: Drivers

During the projected period, the worldwide air traffic control market is expected to rise due to an increase in the number of flying travelers.

The number of passengers flying by plane has increased as urbanization and disposable income have increased. The International Civil Aviation Organization (ICAO) estimates that 4.3 billion passengers flew by plane in 2018, up from 2.9 billion in 2012. According to the same source, airline capacity increased by 4% around the world in 2012. This type of advancement is likely to benefit air traffic control systems.

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