What are the key trends expanding the air traffic management market over 2021-2027?
The global air traffic management market is growing at a rapid pace lately, driven by a large number of technologies introduced by many reputed companies.
Important steps are being taken in terms of creating new processes to improve air traffic management in the years to come.
People all over the world are experiencing a huge increase in their overall disposable income and standard of living, which has led to a rapid increase in the number of people traveling by air.
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This again resulted in the construction of new airports to accommodate the increasing number of passengers at the arrival and departure terminals.
The trends that will drive the global air traffic management (ATM) market in the coming years are discussed below.
Favorable government initiatives will boost the Asia-Pacific ATM market:
Asia Pacific Air Traffic Management market size will exceed USD 2 Billion in value by 2027. One of the major reasons for this is the support received from various government authorities through their initiatives.
In fact, according to the International Air Transport Association (IATA), India and China over the next 20 years will account for nearly 45% of the total number of air passengers in the region.
There are various other measures taken by governments to respond to the growth of air traffic in the APAC region. One example is a digital tower prototype developed in 2019 by NATS for the Civil Aviation Authority of Singapore (CAAS) that was used at Changi Airport.
The tower has an overall travel capacity of 58 million passengers.
Air Traffic Control Software Upgrades in APAC:
The development of high-tech software to manage air traffic will gain momentum in Asia-Pacific. The hardware used to manage air traffic is undergoing a transformation with innovative devices taking center stage.
It has simultaneously prompted the development of advanced software that will help solve various air traffic problems and manage them effectively.
Operating systems are also getting an upgrade with the introduction of user-friendly interfaces. These solutions help improve the overall functionality of air traffic management systems.
For example, air traffic control systems have become centralized in India to manage space requirements in airport terminals and help reduce flight delays.
Strategic partnerships strengthen the air traffic management landscape in the Middle East:
The Middle East region has become one of the most sought after tourist destinations in the world. This has had a positive effect on the average influx of air traffic that the region witnesses each year.
In April this year, the International Air Transport Association (IATA) reported that air traffic in Middle Eastern countries increased by 215.3% in February 2022 compared to the same month in 2021, while a 145% increase had been recorded in January 2022 compared to the previous year. .
The report further revealed that domestic travel in the region also increased by 60.7% in February 2022 compared to statistics recorded in the same month last year.
This represents the increased demand for robust air traffic management (ATM) systems to closely monitor the increasing volume of domestic and international flights.
Reputable companies in the Middle East region are signing partnership agreements with other companies to introduce technologically advanced air traffic control solutions.
For example, in June 2022, Indra, one of the world’s leading technology engineering organizations in the aerospace, mobility and defense sectors, and Saudi Air Navigation Services (SANS), signed a memorandum okay (MoA).
The MoA’s goal is to create and operate the Middle East’s first virtual air traffic control tower at Al Ula International Airport.
This decision will benefit several medium-sized airports in the region, as they will be able to reduce operating costs and increase flight frequency by managing air traffic from a single virtual tower.
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Air traffic management has gained a lot of importance in recent years, as aviation authorities have realized that effective flight management can significantly reduce aircraft-related accidents.
Companies like BAE Systems, Northrop Grumman Corporation, Raytheon Company and Leonardo SpA are planning various products and services to help improve air traffic management infrastructure and the overall customer experience.
North American regulatory authorities support air traffic management:
The air traffic management market in North America is expected to reach a value of over $2.5 billion by 2027. Regulatory authorities such as the Federal Aviation Administration (FAA) and other governing bodies s occupy air traffic operations in the region.
They always make sure to provide the best facilities for air traffic management. In 2018 alone, the FAA’s Air Traffic Organization (ATO) was responsible for providing its air traffic services to almost 44,000 flights per day and even handled more than 2.7 million passengers per day.
Impact of COVID-19 on air traffic services in North America:
The COVID-19 pandemic has had a severe impact on air traffic services and its revenues in North America. Domestic and international travel has come to a halt due to movement restrictions and lockdowns imposed by governments in the region.
The United States and Canada have faced the worst effect of the pandemic due to an alarming increase in the death rate from COVID and facing an economic recession.
However, restrictions are easing due to declining COVID positive cases and more citizens are getting vaccinated across North America. This will surely help the regional air traffic management market to accelerate in the near future.
Use of advanced air traffic control systems:
High-end air traffic control systems are experiencing increased demand among end users due to increasing air traffic congestion which makes it difficult to manage the influx of flights. He has played a vital role in expanding the air traffic management market share in North America.
Sunhillo and Frequentis, in April 2019, announced their collaboration to create a UAS connector system that would help UAV pilots connect with their air traffic control units.
The advent of innovative devices and huge technological advancements in microelectronics for efficient air traffic management will be responsible for expanding the regional market.
Innovation in air traffic services will propel European industry:
The air traffic management market share in Europe will exceed a valuation of $2 billion in the coming years. The region is home to some of the most reputable organizations that provide state-of-the-art products to air traffic control units to help them better serve their consumers.
In March 2019, Raytheon Company and HENSOLDT announced the supply of integrated aerial surveillance solutions to end users such as the Royal Netherlands Air Force and Deutsche Flugsicherung GmbH.
These advanced devices have been used to replace old and aging radars and have played an important role in improving regional air traffic management potential.
New product developments to better manage European air traffic:
Air traffic management is undergoing a transformation, thanks to the continuous deployment of creative strategies to develop new products and technologies.
The Aeronautical Institute for Navigational Instrumentation and Digital Radio Systems of Russia (CRTS) has established an extensive network of airborne and ground-based systems to help monitor and manage air traffic effectively.
This network has navigation and landing systems and small-scale aerial surveillance devices that will prove essential to the development of solid aeronautical infrastructures.
Read more: Air traffic management training courses set to start at DWC