Air Traffic Control Market is expected to reach $ 11.5 billion by 2027, up from $ 8.41 billion in 2019, at a CAGR of 4.1% from 2020 to 2027.Air traffic control (ATC) is a service provided by ground air traffic controllers who guide pilots to ensure the safety of aircraft in controlled airspace and on the ground. ATC also provides advisory services for uncontrolled airspace. The main objective of ATC is to facilitate the flow of air traffic and avoid collisions of several aircraft.

Market Drivers and Restraints:

Increased air passenger traffic in various regions and increased airport development projects are driving demand for better airspace management. The Federal Aviation Administration (FAA) has implemented effective air traffic and airspace control measures. Measures implemented to better use airspace include airspace control orders, airspace control plans, and airspace adjustment zones. These measures allow the movement of people and air commerce at optimal levels of safety and efficiency and satisfy the country's national security needs. Over the next decade, air passenger traffic is expected to increase significantly, resulting in increased delays and airspace congestion. The high cost of air traffic management equipment is one of the main limitations of market growth. Most ATM equipment manufacturers focus on research and development with the aim of introducing new, technologically advanced ATM equipment to increase efficiency.

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Report is segmented as:

Global Air Traffic Control Market-By Airspace:
● ARTCC
● TRACON
● ATCT
● RT
Global Air Traffic Control Market-By Application:
● Communication
● Navigation
● Surveillance
● Automation
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Global Air Traffic Control Market-By Offerings:

● Hardware
● Software & Solutions
● Services
Global Air Traffic Control Market-BySector:
● Commercial
● Military & Defense
Geographical Segmentation:

The Air Traffic Management market has been studied in North America, Europe, Asia Pacific, the Middle East, Latin America and Africa. Asia Pacific is estimated to have the largest share of the global market in 2020. This market is growing at a significant rate in the Asia Pacific region, driven primarily by increased air passenger traffic. The market in Asia Pacific is expected to grow significantly due to high investment in airport modernization and construction of new regional airports.The air traffic control market in the Middle East is projected to grow at the highest CAGR from 2019 to 2025.The UAE is a major contributor to the growth of the Middle East market.

Impact of COVID-19 on Air Traffic Management:

Due to the COVID-19 outbreak, air traffic volume plummeted as the airline industry was adversely affected by restrictions on international air travel and domestic flights. This is expected to have a negative impact on the air traffic management market in the short term. A slow recovery is expected in the first quarter of 2021. It may take 2-3 years for the airline industry to recover from the financial impact of COVID-19, resulting in lower air and passenger traffic compared to estimates. previous.The nationwide lockdown due to the COVID-19 pandemic has affected all regions. And air travel restrictions have had a serious impact on air passenger traffic. The largest decrease in the number of air passengers is expected in the Asia-Pacific region, followed by Europe with the peak summer travel season. Due to the pandemic, air traffic has decreased by 90% compared to the same period in 2019.