Increasing urbanisation and greater disposable income have increased the number of people flying. Because the number of passengers travelling by air is rising, airport authorities must extend the current infrastructure in order to manage and handle passenger safety. Increasing commercial contacts between nations, as well as numerous student exchange programmes run by colleges throughout the world, have all led to an increase of air passengers. Throughout the projected period, the global air traffic control industry is likely to be hampered by a lack of experienced professionals. Air traffic control systems are expensive. Throughout the forecast period, the presence of severe regulatory requirements is projected to hinder growth in the worldwide air traffic control market.
According to Coherent Market Insights, the global Air Traffic Control Market is estimated to be valued at US$ 4553.6 million in 2021 and is expected to exhibit a CAGR of 4.8 % over the forecast period (2021-2028).
Leading Companies in the Air Traffic Control Industry:
1. BAE Systems plc
BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. The company was founded in 1970 and is based in Farnborough, the United Kingdom.In June 2019, BAE Systems plc announced to supply the Vehicle Management Control System and Identification Friend or Foe (IFF) System for Boeing’s new carrier-based unmanned air fueling platform.
2. Raytheon Company
Raytheon Technologies Corporation, an aerospace and defense company, provides systems and services for the commercial, military, and government customers worldwide. The company was incorporated in 1934 and is headquartered in Arlington, Virginia. In October 2019, Raytheon Company entered into agreement with WEY Technology to co-develop the next-generation air traffic controller workstation named Multi-platform ATC Re-hosting Solution, or MARS.
3. Harris Corporation
L3 Harris is a proven leader in tactical communications, geospatial systems, air traffic management, avionics, and space and intelligence. The company was founded in 1895, Headquartered in Melbourne, Florida, United States
4. Searidge Technologies Inc.
Searidge provides air navigation, remote tower, digital airport solutions & airport surface management services to the aviation sector. The company is headquartered in Ottawa, Ontario, Canada, founded in 2001. On October 4, 2022 Searidge Technologies Offered a Safety Net for Airports, NVIDIA Metropolis member’s vision AI software boosts air-traffic control, helps automate tarmac traffic across the globe.
5. Cobham Plc
Cobham is a defense manufacturer of actuation, environmental, and air-to-air refueling systems. Acquired by Advent International. The company was founded in 1934
Headquartered in Wimborne, Dorset, United Kingdom. On February 2023, the company declared Cobham Satcom will supply as many as 170 terminals to Inmarsat for the U.S. Navy Military Sealift Command
6. Thales Group
Thales S.A. provides various solutions for civilian and military customers in the aeronautics, space, defense, security, ground transportation, and digital security markets worldwide. Thales S.A. was founded in 1893 and is headquartered in Courbevoie, France.In March 2021, Thales launched a new digital secondary surveillance radar with increased performance and reliability for safer air traffic management – up to 2, 000 flight tracks and 64 simultaneous data outputs to air traffic centres.
7. NavAero Inc.
NavAero provides tablet-based and aircraft-dedicated Electronic Flight Bag systems to airlines as tools. On Aug 6, 2015, Anuvu acquired NavAero for an undisclosed amount. The company is headquartered in Florida, U.S.
8. Northrop Grumman Corp
Northrop Grumman Corporation operates as an aerospace and defense company worldwide. The company's Aeronautics Systems segment designs, develops, manufactures, integrates, and sustains aircraft systems in the United States and internationally. The company was founded in 1939 and is based in Falls Church, Virginia. On Feb. 13, 2022 Northrop Grumman Corporation successfully demonstrated its gateway technology in a flight test that proved the ability to connect airborne platforms with naval assets.
9. Indra Sistemas S.A.
Indra Sistemas, S.A. operates as a technology and consulting company worldwide. Indra Sistemas, S.A. operates as a technology and consulting company worldwide. it researches and develops autonomous air systems and solutions in unmanned systems; and develops and produces aircraft, tactical communication systems, and toll and traffic control and management systems. On July 2022. Indra strengthens its global leadership in simulation with the acquisition of Simumak, a company specialized in new generation training solutions
10. Lockheed Martin Corp
Lockheed Martin Corporation, a security and aerospace company, engages in the research, design, development, manufacture, integration, and sustainment of technology systems, products, and services worldwide. It operates through four segments: Aeronautics, Missiles and Fire Control, Rotary and Mission Systems, and Space. Lockheed Martin Corporation was founded in 1912 and is headquartered in Bethesda, Maryland.
*Defintion- Air traffic control (ATC) is a service provided to pilots and aircraft by air traffic controllers. This is done to keep planes from colliding with one another so that they may fly consistently in and out of airports and across nations.
