Airspace And Procedure Design Market Size
| Study Period | 2018 - 2028 |
| Market Size (2024) | USD 10.21 Billion |
| Market Size (2029) | USD 13.17 Billion |
| CAGR (2024 - 2029) | 5.27 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Airspace And Procedure Design Market Analysis
The Airspace And Procedure Design Market size is estimated at USD 10.21 billion in 2024, and is expected to reach USD 13.17 billion by 2029, growing at a CAGR of 5.27% during the forecast period (2024-2029).
- According to the latest updates from the International Air Transport Association (IATA), global air passenger traffic during 2023 was at 94.1% of pre-pandemic levels in 2019. while international traffic witnessed a YoY growth of 41.6% during 2023, domestic traffic grew by 30.4% during the same timeframe.
- The growth in passenger traffic over the past few years has led governments and airport authorities to invest in expanding their existing airport infrastructure and constructing new airports to increase their passenger handling capacities. This is expected to drive the market's growth during the forecast period.
- In addition, the airlines and airport operators also invest in the modernization of air traffic management infrastructure and automation of existing equipment, which will accelerate the market growth in the coming years.
- However, the risk of cyber attacks is a significant threat to the growth of the airspace and procedure design market.
Airspace And Procedure Design Market Trends
Hardware Segment to Dominate Market Share During the Forecast Period
The construction of new airports and expanding existing airports are anticipated to generate the demand for air traffic management hardware worldwide. Several airports are replacing aging hardware equipment with new advanced equipment to enhance the efficiency of air traffic management operations. Recently, THALES announced that the company installed ATM systems at Abeid Amani Karume International Airport, Arusha Airport, Julius Nyerere International Airport, Kilimanjaro International Airport, Mwanza International Airport, and Songwe Airport. The modernization is a part of the contract between THALES and the Tanzania Civil Aviation Authority (TCAA) to enhance the country’s air traffic safety and efficiency. The company installed surveillance radars and TopSky – ATC as a part of modernization.
Similarly, in April 2022, the Federal Aviation Administration announced an investment of more than USD 1 billion under the President’s Bipartisan Infrastructure Law for air traffic control tower replacement, modernization of navigation, weather and tracking equipment, upgrades to power systems, infrastructure upgrades at the air route traffic control centers, towers, and TRACONs, among others at the airport. Such developments are anticipated to drive the demand for the hardware segment rapidly during the forecast period.
Asia-Pacific To Witness Highest Growth During the Forecast Period
The Asia-Pacific region is expected to lead the market with the highest CAGR during the forecast period. The growth in the market is propelled by robust investments toward constructing new airports and expanding existing airports in China and India. In January 2022, the Civil Aviation Administration of China (CAAC) announced its plan to increase the number of civil transport airports to more than 270 by 2025. The construction of new airports will allow the government to handle 17 million aircraft movements annually and increase passenger handling and cargo handling capacities to 930 million passengers and 9.5 million tonnes by 2025. Such developments would bolster the adoption of sophisticated air traffic management systems to ensure high levels of safety and operational efficiency in the country.
In addition, a similar increase in passenger volume, adjoining demand from airline customers, new air traffic management requirements, and environmental regulations are forcing Indian airports to continuously adapt and improve their infrastructure and operations. Digital transformation is reshaping the Indian airport industry through integrating the Internet of Things (IoT)- )-enabled technologies to help airports optimize their operations and allow safe and timely passenger travel. In March 2022, to support the Make in India Initiative, Bharat Electronics Limited (BEL) partnered with the Airports Authority of India (AAI) to research and develop systems for air traffic management and surface movement of aircraft at airports.
Such investments into the development and introduction of new ATM systems are expected to drive the growth prospects of the air traffic management market in the Asia-Pacific region during the forecast period.
Airspace And Procedure Design Industry Overview
The airspace and procedure design market is semi-consolidated, with many local and international players providing various hardware, software, and services. Adacel Technologies Limited, Honeywell International Inc., Indra Sistemas S.A., THALES, and Northrop Grumman Corporation are prominent airspace and procedure design market players.
Players are concentrating on the launch of secure products that can learn and improve themselves through built-in AI technology. Most software producers are using AI to improve the efficiency and speed of accessing essential data on the database. For instance, Honeywell launched a new generation NAVITAS software suite platform to support the operations of airport operators and air navigation service providers. The software is integrated with artificial intelligence (AI), big data, cybersecurity, machine learning, and human-centered designs to support and enable automation and digitization of air traffic services for efficient ground movement, enhanced situational awareness, control and monitoring of airside, information management, and integration.
International players are expected to benefit from the partnership with local producers of airspace and procedure design systems, parts, components, and third-party software manufacturers of systems. Such initiatives are expected to help the companies increase their geographic presence in the future.
Airspace And Procedure Design Market Leaders
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Adacel Technologies Limited
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Honeywell International Inc.
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THALES
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Northrop Grumman Corporation
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Indra Sistemas S.A.
*Disclaimer: Major Players sorted in no particular order
Airspace And Procedure Design Market News
- In June 2022, Advanced ATC Inc., an air traffic control academy based in Georgia, United States, announced an investment of USD 4.7 million at Craig Airfield to establish the first remote air traffic control center to handle traffic for multiple airports. The remote tower performs the operations of a traditional control tower using cameras, real-time video, and other technologies to accomplish the duties remotely.
- In May 2022, Saudi Arabia announced its plan to invest about SAR 356 billion (USD 100 billion) into its aviation sector by 2030 under the Vision 2030 initiative to strengthen the country as a global aviation hub. The government plans to increase passenger handling capacity to 330 million passengers and air cargo capacity to 4.5 million tons. The country plans to introduce another airline and upgrade airport facilities through investment, including air traffic management infrastructure.
Airspace And Procedure Design Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 Airspace
5.1.1 Air Route Traffic Control Centers (ARTCC)
5.1.2 Terminal Radar Approach Control (TRACON)
5.1.3 Air Traffic Control Towers (ATCT)
5.1.4 Remote Towers
5.1.5 Aeronautical Information Management
5.2 Component
5.2.1 Hardware
5.2.2 Software
5.3 End User
5.3.1 Military
5.3.2 Commercial
5.4 Geography
5.4.1 North America
5.4.1.1 United States
5.4.1.2 Canada
5.4.2 Europe
5.4.2.1 Germany
5.4.2.2 United Kingdom
5.4.2.3 France
5.4.2.4 Rest of Europe
5.4.3 Asia-Pacific
5.4.3.1 India
5.4.3.2 China
5.4.3.3 Japan
5.4.3.4 South Korea
5.4.3.5 Rest of Asia-Pacific
5.4.4 Latin America
5.4.4.1 Brazil
5.4.4.2 Rest of Latin America
5.4.5 Middle-East and Africa
5.4.5.1 United Arab Emirates
5.4.5.2 Saudi Arabia
5.4.5.3 Israel
5.4.5.4 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Adacel Technologies Limited
6.2.2 Leonardo S.p.A.
6.2.3 Frequentis AG
6.2.4 Advanced Navigation and Positioning
6.2.5 Honeywell International Inc.
6.2.6 L3Harris Technologies, Inc.
6.2.7 Indra Sistemas S.A.
6.2.8 RTX Corporation
6.2.9 Saab AB
6.2.10 THALES
6.2.11 Northrop Grumman Corporation
6.2.12 BAE Systems plc
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Airspace And Procedure Design Industry Segmentation
Airspace and flight procedure design consists of planning routes used by pilots and air traffic control, from take-off to touchdown. These are designed to ensure that aircraft maintain a minimum clearance over obstacles and terrain and must meet further criteria such as aircraft performance limitations, airspace capacity, air traffic control separation requirements, and environmental concerns.
The airspace and flight procedure design market is segmented by airspace, component, end-user, and geography. By airspace, the market is segmented into air route traffic control centers, terminal radar approach control, air traffic control towers, remote towers, and aeronautical information management. By component, the market is segmented into hardware and software. By end user, the market is segmented into military and commercial. The report also covers the market sizes and forecasts for the airspace and flight procedure design market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
| Airspace | |
| Air Route Traffic Control Centers (ARTCC) | |
| Terminal Radar Approach Control (TRACON) | |
| Air Traffic Control Towers (ATCT) | |
| Remote Towers | |
| Aeronautical Information Management |
| Component | |
| Hardware | |
| Software |
| End User | |
| Military | |
| Commercial |
| Geography | |||||||
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Airspace And Procedure Design Market Research FAQs
How big is the Airspace And Procedure Design Market?
The Airspace And Procedure Design Market size is expected to reach USD 10.21 billion in 2024 and grow at a CAGR of 5.27% to reach USD 13.17 billion by 2029.
What is the current Airspace And Procedure Design Market size?
In 2024, the Airspace And Procedure Design Market size is expected to reach USD 10.21 billion.
Who are the key players in Airspace And Procedure Design Market?
Adacel Technologies Limited, Honeywell International Inc., THALES, Northrop Grumman Corporation and Indra Sistemas S.A. are the major companies operating in the Airspace And Procedure Design Market.
Which is the fastest growing region in Airspace And Procedure Design Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2023-2028).
Which region has the biggest share in Airspace And Procedure Design Market?
In 2023, the North America accounts for the largest market share in Airspace And Procedure Design Market.
What years does this Airspace And Procedure Design Market cover, and what was the market size in 2023?
In 2023, the Airspace And Procedure Design Market size was estimated at USD 9.67 billion. The report covers the Airspace And Procedure Design Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Airspace And Procedure Design Market size for years: 2024, 2025, 2026, 2027 and 2028.
Airspace And Procedure Design Industry Report
Statistics for the 2024 Airspace And Procedure Design market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Airspace And Procedure Design analysis includes a market forecast outlook to for 2024 to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Airspace And Procedure Design Market Report Snapshots
