North America Commercial Air Traffic Management Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Type (Air Traffic Services, Air Traffic Flow Management, and Airspace Management), Component (Hardware and Software), Application (Communi

North America Commercial Air Traffic Management Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by Type (Air Traffic Services, Air Traffic Flow Management, and Airspace Management), Component (Hardware and Software), Application (Communication, Navigation, Surveillance, Traffic Control, and Others), and Airport Class (Class I, Class II, Class III, and Class IV)

The North America commercial air traffic management market is expected to grow from US$ 2,127.89 million in 2022 to US$ 3,717.70 million by 2030. It is estimated to grow at a CAGR of 7.2% from 2022 to 2030.

Growing Aircraft Delivery Volumes is Driving the North America Commercial Air Traffic Management Market

The aircraft manufacturing industry has been witnessing constant pressure from the commercial aviation sector to deliver the required volumes of aircraft fleet of various models. Commercial airlines experienced a significant rise in the annual air passenger volume till early 2020. The growing demand for aircraft fleets among the commercial airlines is due to the surging number of low-cost carriers (LCCs) and fleet expansion strategies adopted by the full-service carriers (FSCs). The aircraft manufacturers, such as Airbus and Boeing, are receiving increasing order volumes and adding substantial fleets due to the growing number of LCCs. Currently, the demand for wide-body and narrow-body aircraft fleets is high. However, the inclination toward long-range, narrow body type is increasing as the majority of commercial aviation companies are focusing on enlarging fleet size and lowering operational costs. Such developments are expected to surge the North America commercial air traffic management market growth.

North America Commercial Air Traffic Management Market Overview

The North America commercial air traffic management market is segmented into the US, Canada, and Mexico. North America has the largest commercial aircraft fleet worldwide, with thousands of daily flights across different airports. This requires continuous monitoring and air traffic management systems for better traffic management and efficient airport operations. North America airport infrastructure is among the oldest infrastructures. Due to this, the demand for replacement and periodic upgrades of air traffic management systems is often raised. Also, the demand for upgrading the existing air traffic management systems across the country is driven by its continuously rising air passenger traffic and commercial aircraft operations across different airports in the countries such as the US and Canada.

North America Commercial air traffic management Market Revenue and Forecast to 2030 (US$ Million)

North America Commercial air traffic management Market Segmentation

The North America commercial air traffic management market is segmented into type, component, application, airport class, and country.

Based on type, the North America commercial air traffic management market is segmented into air traffic services, air traffic flow management, and airspace management. The airspace management segment accounted for the largest share in the market in 2022.

Based on component, the North America commercial air traffic management market is segmented into hardware and software. The hardware segment accounted for the larger share in the market in 2022.

Based on application, the North America commercial air traffic management market is segmented into communication, navigation, surveillance, traffic control, and others. The surveillance segment accounted for the largest share in the market in 2022.

Based on airport class, the North America commercial air traffic management market is segmented into Class I, Class II, Class III, and Class IV. The Class I segment accounted for the largest share in the market in 2022.

Based on country, the North America commercial air traffic management market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022.

BAE Systems Plc, Honeywell International Inc, Indra Sistemas SA, L3Harris Technologies Inc, Leonardo SpA, NEC Corp, Raytheon Technologies Corp, Saab AB, SITA SC, and Thales SA are the leading companies operating in the North America commercial air traffic management market.

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