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According to Cognitive Market Research, the global Air Traffic Management Market size will be USD 7.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.2 % from 2024 to 2031. Market Dynamics of Air Traffic Management Market
Key Drivers for Air Traffic Management Market
Soaring Air Passenger Traffic - Air passenger traffic is the total number of individuals who fly onboard commercial aircraft in a given period and is an important indicator for monitoring air travel demand and overall activity in the aviation industry. Air traffic control is vital to guaranteeing the safety, efficiency, and dependability of air passenger traffic and facilitating travel from departure to arrival, both inside and beyond borders. For instance, the International Air Transport Association (IATA), a Canada-based international airline trade association, reported in February 2023 that total traffic (measured in revenue passenger kilometres, or RPKs) climbed 64.4% in 2022 compared to 2021. Global traffic in 2022 was 68.5% of pre-pandemic (2019) levels. Total traffic in December 2022 climbed by 39.7% over December 2021, reaching 76.9% of the amount in December three years earlier. Regulatory initiatives
Key Restraints for Air Traffic Management Market
High initial investment Cybersecurity Risks Introduction of the Air Traffic Management Market
Air traffic management is the control of traffic in and around airports, airport terminals, and surrounding airspace. It offers integrated dynamic management of air traffic by utilizing air traffic services, airspace management, and air traffic flow management. These systems provide safe and effective air traffic control, including both airborne and ground-based activities. Furthermore, air traffic services are used to efficiently regulate the flow of aircraft in real-time, ensuring their safe operation. Air traffic services include air traffic control, alerting, and flight information. Ground-based controllers provide air traffic control services that direct aircraft on the ground and contribute to the prevention of aircraft collisions. Additionally, the global air traffic management market is growing due to increased air traffic worldwide, modernization of air traffic management infrastructure, and a rising requirement for improved air safety. However, potential cyber threats and the high cost of traffic management infrastructure are concerns impeding market expansion. Furthermore, technological developments and increased demand for air traffic solutions from emerging countries are likely to drive growth during the forecast period.
In 2024, the global air traffic passenger demand grew by **** percent compared to the previous year, when the passenger demand increased by **** percent. This figure was forecast to grow by eight percent in 2025.
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The air traffic management market is estimated to acquire US$ 10,889.2 million by 2023, with a CAGR of 4.9% during the forecast period. The market is likely to reach US$ 17,624.5 million by 2033.
Report Attribute | Details |
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Air Traffic Management Market Value (2023) | US$ 10,889.2 million |
Air Traffic Management Market Anticipated Value (2033) | US$ 17,624.5 million |
Air Traffic Management Industry Projected Growth Rate (2023 to 2033) | 4.9% |
Report Scope
Report Attribute | Details |
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Growth Rate | CAGR of 4.9% from 2023 to 2033 |
Base Year for Estimation | 2022 |
Historical Data | 2018 to 2022 |
Forecast Period | 2023 to 2033 |
Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
Segments Covered |
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Regions Covered |
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Key Countries Profiled |
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Key Companies Profiled |
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Customization | Available Upon Request |
In 2023, the estimated number of scheduled passengers boarded by the global airline industry amounted to approximately *** billion people. This represents a significant increase compared to the previous year since the pandemic started and the positive trend was forecast to continue in 2024, with the scheduled passenger volume reaching just below **** billion travelers. Airline passenger traffic The number of scheduled passengers handled by the global airline industry has increased in all but one of the last decade. Scheduled passengers refer to the number of passengers who have booked a flight with a commercial airline. Excluded are passengers on charter flights, whereby an entire plane is booked by a private group. In 2023, the Asia Pacific region had the highest share of airline passenger traffic, accounting for ********* of the global total.
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Air Traffic Control Market Touched USD 10.4 billion in 2021, and will increase at a CAGR of 4.7% and projected to reach USD 15.0 billion in 2029
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The Air Traffic Management Market is estimated to grow from USD 13.2 billion in 2025 to USD 20.9 billion by 2033, at a CAGR of 5.8% from 2025 to 2033. The growth of the market is driven by the increasing air traffic, the need for efficient and safe air traffic management systems, and the adoption of advanced technologies such as artificial intelligence (AI) and machine learning (ML). Key market trends include:
The increasing adoption of digital technologies, such as AI and ML, is expected to drive the growth of the market. These technologies can be used to improve the efficiency and safety of air traffic management systems. The growing demand for air travel is also expected to drive the growth of the market. This demand is being driven by the increasing number of people traveling for business and leisure. The need for more efficient and safe air traffic management systems is also driving the growth of the market. This is due to the increasing complexity of air traffic and the need to reduce the risk of accidents.
The global air traffic management market is valued at USD 12.5 billion (BN) in 2022 and is projected to reach USD 21.0 BN by 2027, exhibiting a CAGR of 8.6% during the forecast period (2022-2027). Key drivers for this market are: Rising air traffic demand. Need for enhanced safety and efficiency.. Potential restraints include: High capital and infrastructure costs. Cybersecurity threats.. Notable trends are: Integration of AI and ML. Collaborative decision-making tools..
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Forecast: Air Canada Freight Traffic in Australia 2022 - 2026 Discover more data with ReportLinker!
Air Traffic Management And Control Market Size 2024-2028
The air traffic management and control market is estimated to increase by USD 3.91 billion and grow at a CAGR of 5.72% between 2023 and 2028. Market expansion relies on several factors, including the uptick in air traffic, the demand for shielding against adverse weather, and the growing significance of defense aircraft. However, challenges impede this growth, such as the steep expenses linked with networking technologies and connectivity hardware, safety apprehensions, and the accurate identification of precipitation threats. Addressing these challenges is vital for sustaining market momentum. This entails exploring cost-effective solutions for networking technologies, prioritizing safety protocols, and enhancing precipitation hazard detection accuracy. Despite these obstacles, the market remains dynamic, driven by ongoing innovations aimed at enhancing aircraft safety, optimizing operational efficiency, and meeting the evolving needs of aviation and defense sectors. Collaboration and innovation will be key in overcoming these challenges and fostering continued growth in the aviation industry.
What will be the Size of the Market During the Forecast Period?
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Market Dynamics and Customer Landscape
The market encompasses various elements, including air traffic control services and air traffic solutions provided by ground-based controllers. These services, along with alerting services and flight information services, are vital for ensuring the safety of aircraft and managing flights effectively. To enhance air safety and mitigate risks such as collision prevention and cyber threats, there's a constant need for advanced air traffic management infrastructure and traffic management infrastructure. Emerging nations are increasingly investing in high-tech solutions, including high altitude long endurance UAVs and medium altitude long endurance UAVs, driven by growing consumer disposable income. Organizations like the Civil Aviation Administration of China are pivotal in setting standards for aircraft security across civil transport airports, ensuring optimal passenger handling capacities and efficient cargo capacities despite challenges like flight delays and bad weather conditions. Additionally, advancements in unmanned aerial vehicles (UAVs) are transforming airports with innovations like vertical take-off and hybrid aircraft. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
Key Market Driver
The increasing air traffic is notably driving the market growth. Commercial aircraft OEM invests in a new generation of aircraft characterized by optimal fuel consumption and lower carbon dioxide emissions and noise. The increased demand for air travel further boosted the demand for such aircraft. Demand for air travel is expected to double over the next 20 years. Increased demand and acquisition of new-generation aircraft will increase the demand during the forecast period.
Annual growth in air traffic has led to the introduction of a new generation of aircraft. The demand for air traffic management and air traffic control is expected to increase with the number of new-generation aircraft and the growing air traffic. In March 2022, Thales announced the delivery of the most technologically advanced air traffic control system, TopSky - ATC, to Dubai International Airport, the world's busiest airport. Therefore, the growth of the focus market during the forecast period will be driven by the increasing procurement of air traffic services from various airports.
Significant Market Trends
The increasing need for effective modernization is the key trend in the market. Currently, air traffic control systems face a number of new vulnerabilities and challenges, including exposure to private and public actors and cyber security issues. International airspace is becoming more complex as the growth of global air passengers, advanced network systems and high cyber security risks have made air traffic management reform even more critical.
Effective modernization, including technological innovation, public-private partnerships, and shared safety priorities, must be implemented to improve efficiency. Only a balance of innovation and safety can safely deliver air traffic control and management systems that ensure better safety and more efficient travel. Thus, new and effective air traffic and control system modernization plans and initiatives will be the focus of market growth during the forecast period.
Major Market Challenge
High costs associated with networking technologies and connectivity hardware is the major challenge impeding market growth. Huge investments in the technology, str
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Forecast: Korean Air Passenger Traffic in Australia 2022 - 2026 Discover more data with ReportLinker!
The number of flights performed globally by the airline industry has increased steadily since the early 2000s and reached **** million in 2019. However, due to the coronavirus pandemic, the number of flights dropped to **** million in 2020. The flight volume increased again in the following years and was forecasted to reach ** million in 2025.
Air Traffic Control Equipment Market Size 2024-2028
The air traffic control equipment market size is forecast to increase by USD 2.45 billion at a CAGR of 6.65% between 2023 and 2028.
The market is witnessing significant growth due to the increasing air traffic and the preference for smart airports. The growing air traffic necessitates the need for advanced air traffic control systems to ensure safety and efficiency. Moreover, the adoption of smart airport technologies, such as Automatic Dependent Surveillance-Broadcast (ADS-B), is driving market growth. However, technical shortcomings of airborne radars, such as limited range and reliability, pose challenges to market growth. To address these challenges, market participants are focusing on developing innovative solutions, such as multi-lateration systems and space-based ADS-B, to enhance the accuracy and reliability of air traffic control systems.Overall, the market is expected to grow steadily during the forecast period, driven by these key trends and challenges.
What will be the Size of the Air Traffic Control Equipment Market During the Forecast Period?
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The market encompasses technologies and solutions essential for managing aircraft movement at airports and In the skies. Microelectronics development drives market growth, enabling advanced communication and navigation systems for both commercial and private aircraft. The commercial aircraft segment dominates the market due to the high volume of air travel. Communication equipment, including voice communication systems and communication networks, and surveillance equipment, such as holographic radar systems, are key segments. Civil aviation authorities prioritize air traffic management, leading to investments in air traffic control technology upgrades, both in brownfield and greenfield projects. The military aircraft segment also contributes significantly to the market, utilizing specialized navigation and communication equipment.Aviation infrastructure continues to evolve, with a focus on enhancing safety, efficiency, and capacity In the face of increasing air traffic demands.
How is this Air Traffic Control Equipment Industry segmented and which is the largest segment?
The air traffic control equipment industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. TypeCommunication equipmentNavigation equipmentOthersApplicationCommercialMilitary and defenseGeographyNorth AmericaUSAPACChinaJapanEuropeGermanyUKMiddle East and AfricaSouth America
By Type Insights
The communication equipment segment is estimated to witness significant growth during the forecast period.
The communication equipment segment dominates the Air Traffic Control (ATC) market due to increasing investments in advanced technology and the growing need for safe and reliable air traffic operations. Communication equipment facilitates ground and air-to-ground communication, enabling the exchange of critical avionics data. International standards govern communication systems, ensuring interoperability between aeronautical and aircraft stations. Modernized communication networks provide mobile services, enhancing air traffic management efficiency. The commercial aircraft segment and private aircraft segment also contribute significantly to the market's growth, necessitating advanced communication systems for their operations. The integration of holographic radar systems, voice communication systems, and artificial intelligence in ATC equipment further boosts market expansion.The military aircraft segment and defense sector also leverage ATC equipment for surveillance and navigation purposes. The use of high definition cameras, remote sensing technologies, high-speed computers, and communication backbone solutions, such as microwave links, is prevalent in terminal areas and ATC centers, rescue coordination centers, and ATC towers. FAA certification requirements and the integration of unmanned aerial systems further expand the market scope.
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The Communication equipment segment was valued at USD 1.92 billion in 2018 and showed a gradual increase during the forecast period.
Regional Analysis
North America is estimated to contribute 42% to the growth of the global market during the forecast period.
Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The North American region dominates the global Air Traffic Control (ATC) equipment market due to increasing air
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Forecast: Air China Passenger Traffic in Australia 2022 - 2026 Discover more data with ReportLinker!
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Paraguay Air Traffic: Passenger data was reported at 865,521.000 Person in 2022. This records an increase from the previous number of 433,859.000 Person for 2021. Paraguay Air Traffic: Passenger data is updated yearly, averaging 604,062.000 Person from Dec 1998 (Median) to 2022, with 25 observations. The data reached an all-time high of 1,209,621.000 Person in 2019 and a record low of 308,175.000 Person in 2020. Paraguay Air Traffic: Passenger data remains active status in CEIC and is reported by National Institute of Statistics. The data is categorized under Global Database’s Paraguay – Table PY.TA002: Air Traffic: Passenger.
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The size of the Air Traffic Control Simulation Training Market was valued at USD 64.6 billion in 2024 and is projected to reach USD 178.10 billion by 2033, with an expected CAGR of 15.59% during the forecast period. Air Traffic Control Simulation Training is defined as the use of simulation technology to represent the very complex real-world scenarios of air traffic control to assist in training and skill building for air traffic controllers. To be safe and free from mistakes, controllers have to work with professionals to ensure that they are equipped with expert knowledge and skills in the management of air traffic. ATC simulation training includes high-fidelity models, real-time traffic environments, and simulative conditions including weather, emergencies, and other factors. The fields of application of the training include aviation authorities, military airbases, and private sectors, which are intended for both the initial and recurrent training of air traffic controllers. Technologically, the simulation of ATC encompasses virtual reality, augmented reality, and artificial intelligence to offer vivid and interactive environments. The impact of this training is sizeable: reduced risks of human errors, better performance of controllers, and safety improvements. Other advantages include cost-effectiveness as compared to real-world training and flexibility in training for a wide range of scenarios. A major driver for this market is the increasing emphasis on air traffic safety worldwide and increasing air traffic volumes; both require better, more rigorous training programs. Recent developments include: For instance,In April 2022Kongsberg Defence & Aerospace and the City of Concord have signed a collaboration agreement to modernize the air traffic control system at Concord-Padgett Regional Airport. Concord-Padgett Regional Airport will be the first to put remote tower technology to the test., For instance,In June 2022 The Canadian government announced a $39.2 million commitment to improve the safety and performance of Canada's air transportation sector. The Canadian government will pay up to $34.5 million toward the use of technologies to improve air traffic control., For instance,In December 2021The Civil Aviation Authority of Haiti awarded Thales Group and Aeronav a $11 million contract to offer new CNS/ATM (Communication, Navigation Surveillance/Air Traffic Management) equipment to modernize and improve air traffic management capabilities. The Government of Haiti and the Inter American Development Bank will fund this $11 million contract. Thales will also provide its TopSky-AIM solution, TopSky-ATC en route control & tower management solution, ADS-B automatic dependent Surveillance system, and RSM970S monopulse secondary surveillance radar under this deal.. Notable trends are: Increased use of USM during aircraft repair and maintenance is driving the market growth.
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Global Air Traffic Control Automation System Market Report 2022 comes with the extensive industry analysis of development components, patterns, flows and sizes. The report also calculates present and past market values to forecast potential market management through the forecast period between 2022-2028. The report may be the best of what is a geographic area which expands the competitive landscape and industry perspective of the market.
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Middle-East And Africa Air Traffic Management Market size was valued at USD 540.6 Million in 2024 And is projected to reach USD 633.4 Million by 2032, growing at a CAGR of 2% from 2026 to 2032.
Key Market Drivers Growing Air Passenger Traffic: The Middle East And Africa region's growing air passenger volume is generating major investment in air traffic control systems. According to IATA's 2023 Annual Report, Middle Eastern carriers saw a 114.7% rise in passenger traffic over 2022, with the region's airlines carrying more than 150 million passengers. This boom in air travel necessitates modern ATM technologies to effectively manage higher flight volumes. Rising Focus on Aviation Safety And Modernization: The increased emphasis on aviation safety And the modernization of current air traffic control infrastructure is driving market expansion.
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The European Air Traffic Management (ATM) market, valued at €3.87 billion in 2025, is projected to experience robust growth, driven by increasing air passenger traffic, the modernization of airspace infrastructure, and the growing adoption of advanced technologies like automation and artificial intelligence. The market's Compound Annual Growth Rate (CAGR) of 8.82% from 2025 to 2033 indicates a significant expansion, fueled by the increasing need for efficient and safe air traffic control across Europe. Key segments contributing to this growth include Air Traffic Control (ATC) systems, Air Traffic Flow Management (ATFM) solutions, and Aeronautical Information Management (AIM) systems. Hardware and software components constitute the core technological building blocks of the ATM market. Leading players like Thales, Indra, and Saab AB are heavily invested in research and development, continuously innovating to meet the evolving demands for improved efficiency, safety, and environmental sustainability in air traffic management. The market is segmented geographically, with the UK, France, Germany, and Italy representing significant national markets, while the "Rest of Europe" region exhibits substantial growth potential. Increased regulatory pressure to enhance safety standards and reduce environmental impact is another significant driver, alongside the ongoing need to upgrade legacy systems and integrate new technologies into existing infrastructures. The competitive landscape is characterized by both established players and emerging technology providers. Established players are leveraging their existing infrastructure and customer relationships to maintain market share, while innovative startups are disrupting the market with cutting-edge technological advancements. The continuous drive towards automation, the integration of data analytics for predictive maintenance, and the implementation of next-generation communication networks are shaping the future of the European ATM market. The market's expansion is also influenced by government initiatives and funding programs that support the deployment of new ATM technologies and the modernization of airports. The continued increase in air travel, particularly within and across European borders, necessitates the need for a highly efficient and safe ATM system, driving demand for innovative solutions and services. Recent developments include: In April 2023, DFS Aviation Services, a subsidiary company of the air navigation service provider DFS Deutsche Flugsicherung, announced that they had signed a Memorandum of Understanding (MOU) with the Civil Aviation Authority of Singapore (CAAS) for stepping up its collaboration to improve performance in air traffic management due to the growing number of air traffic passengers between the two countries., In December 2022, THALES and DSNA, an air navigation service provider, announced that they had successfully implemented the next-generation air traffic control system, 4-Flight. Moreover, the system has been designed to manage high-density airspace and has been implemented in airports in France, such as Marseilles and Reims.. Notable trends are: Air Traffic Flow Management Segment Will Showcase Remarkable Growth During the Forecast Period.
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China Air: Passenger Traffic: Year to Date: International data was reported at 18.925 Person mn in Mar 2025. This records an increase from the previous number of 12.840 Person mn for Feb 2025. China Air: Passenger Traffic: Year to Date: International data is updated monthly, averaging 11.096 Person mn from Feb 2006 (Median) to Mar 2025, with 230 observations. The data reached an all-time high of 74.254 Person mn in Dec 2019 and a record low of 0.092 Person mn in Jan 2022. China Air: Passenger Traffic: Year to Date: International data remains active status in CEIC and is reported by Civil Aviation Administration of China. The data is categorized under China Premium Database’s Transportation and Storage Sector – Table CN.TI: Air: Passenger Traffic.
Europe Aviation Market Size 2025-2029
The europe aviation market size is forecast to increase by USD 117 billion, at a CAGR of 6% between 2024 and 2029.
The European aviation market is driven by the continuous pursuit for aircraft efficiency, with manufacturers and airlines investing significantly in technological advancements. One such innovation is the integration of Radio Frequency Identification (RFID) technology in aircraft, enabling real-time tracking and maintenance monitoring, thereby improving operational efficiency and safety. However, this market is not without challenges. Fluctuations in oil and gas prices pose a significant threat, as they directly impact the operating costs for airlines. Moreover, the industry must navigate the complexities of implementing new technologies and regulations while maintaining safety and reliability standards. Companies seeking to capitalize on the market's opportunities should focus on optimizing their fleets through technology integration and maintaining a flexible business strategy to adapt to price volatility.
What will be the size of the Europe Aviation Market during the forecast period?
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The European aviation market is experiencing significant advancements, with key players exploring new frontiers in air travel. Jet engines continue to power the industry, with AI-powered flight planning and optimization enhancing fuel efficiency. Autonomous flight and hypersonic technology are pushing the boundaries of speed and efficiency. Air traffic management is undergoing a digital transformation, with augmented reality and virtual reality training tools revolutionizing pilot training. Sustainable aviation fuels and lightweight materials are driving the shift towards eco-friendly flying. Passenger experience is being redefined through biometric authentication, wearable technology, and smart airports. Data analytics and data-driven maintenance are streamlining operations, while airport automation and automated baggage handling are reducing wait times. AI-powered flight control and turboprop engines are offering cost-effective solutions for regional travel. Electric aircraft and biometric security are shaping the future of air taxi services. The industry is also embracing advanced materials and digital twins for improved safety and performance.
How is this market segmented?
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. Revenue StreamPassengerFreightTypeCommercial aircraftMilitary aircraftGeneral aircraftComponentAircraftMROGround handling servicesGeographyEuropeFranceGermanySpainUK
By Revenue Stream Insights
The passenger segment is estimated to witness significant growth during the forecast period.
The European aviation market is experiencing significant growth, driven by the increasing number of air travelers due to economic growth and rising disposable incomes. In Q1 2023, 179 million passengers were carried across the EU, representing a 56% increase over Q1 2022. This trend continued throughout the year, with approximately 820 million people opting for air travel in 2022. Europe's popularity as a tourist destination attracts millions of visitors annually. To accommodate this surge in demand, full-service carriers and low-cost carriers are expanding their fleets, leading to an increased need for aircraft acquisition and maintenance. Communication systems, navigation systems, and safety regulations are crucial components in ensuring efficient and safe operations. Engine maintenance, noise reduction, and environmental impact are also essential considerations. Business jets and regional aircraft cater to the needs of the corporate sector, while passenger experience, cabin comfort, and in-flight entertainment are vital for commercial aviation. General aviation, fleet management, and airport infrastructure play a significant role in the market. Composite materials and aircraft design contribute to improved aircraft performance and fuel efficiency. Airport security, airport operations, passenger handling, and baggage handling are essential elements of airport infrastructure. Aviation regulations, aviation insurance, and flight operations ensure the safety and security of passengers and crew. Route planning, on-time performance, and yield management are crucial for commercial success. Cargo aircraft and aircraft interiors are integral to the aviation industry's logistical and operational efficiency. Network optimization and hub airports facilitate the smooth transportation of goods and passengers. Aircraft disposal and financing are essential aspects of t
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China Air: Passenger Traffic: YoY data was reported at 3.500 % in Mar 2025. This records an increase from the previous number of -1.500 % for Feb 2025. China Air: Passenger Traffic: YoY data is updated monthly, averaging 11.500 % from Jan 2005 (Median) to Mar 2025, with 243 observations. The data reached an all-time high of 537.900 % in Apr 2023 and a record low of -84.600 % in Apr 2022. China Air: Passenger Traffic: YoY data remains active status in CEIC and is reported by Civil Aviation Administration of China. The data is categorized under China Premium Database’s Transportation and Storage Sector – Table CN.TI: Air: Passenger Traffic.
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According to Cognitive Market Research, the global Air Traffic Management Market size will be USD 7.5 billion in 2024 and will expand at a compound annual growth rate (CAGR) of 6.2 % from 2024 to 2031. Market Dynamics of Air Traffic Management Market
Key Drivers for Air Traffic Management Market
Soaring Air Passenger Traffic - Air passenger traffic is the total number of individuals who fly onboard commercial aircraft in a given period and is an important indicator for monitoring air travel demand and overall activity in the aviation industry. Air traffic control is vital to guaranteeing the safety, efficiency, and dependability of air passenger traffic and facilitating travel from departure to arrival, both inside and beyond borders. For instance, the International Air Transport Association (IATA), a Canada-based international airline trade association, reported in February 2023 that total traffic (measured in revenue passenger kilometres, or RPKs) climbed 64.4% in 2022 compared to 2021. Global traffic in 2022 was 68.5% of pre-pandemic (2019) levels. Total traffic in December 2022 climbed by 39.7% over December 2021, reaching 76.9% of the amount in December three years earlier. Regulatory initiatives
Key Restraints for Air Traffic Management Market
High initial investment Cybersecurity Risks Introduction of the Air Traffic Management Market
Air traffic management is the control of traffic in and around airports, airport terminals, and surrounding airspace. It offers integrated dynamic management of air traffic by utilizing air traffic services, airspace management, and air traffic flow management. These systems provide safe and effective air traffic control, including both airborne and ground-based activities. Furthermore, air traffic services are used to efficiently regulate the flow of aircraft in real-time, ensuring their safe operation. Air traffic services include air traffic control, alerting, and flight information. Ground-based controllers provide air traffic control services that direct aircraft on the ground and contribute to the prevention of aircraft collisions. Additionally, the global air traffic management market is growing due to increased air traffic worldwide, modernization of air traffic management infrastructure, and a rising requirement for improved air safety. However, potential cyber threats and the high cost of traffic management infrastructure are concerns impeding market expansion. Furthermore, technological developments and increased demand for air traffic solutions from emerging countries are likely to drive growth during the forecast period.