Air Traffic Management Market Share

Market Share of Air Traffic Management Industry

• The air traffic management market is fragmented with various players dominating the market. Some of the major players in the air traffic management market are Airbus SE, Leidos, Inc., Honeywell International Inc., L3Harris Technologies, Inc., and RTX Corporation, amongst others.
• Various players in the market are now investing significantly in research and development of advanced air traffic management systems, which are aimed at improving air safety globally. Moreover, several companies have also now started to enter into partnerships with airports around the world to understand their requirements and integrate newer generations of advanced artificial intelligence technologies to address the existing challenges regarding capacity, connectivity, forecasting, and delay management amongst others.
• Furthermore, several companies are now investing in the development of newer artificial intelligence (AI)--based air traffic management platforms to help airports overcome existing and upcoming challenges related to congestion in the airspace. Thus, such investments will lead to the market players capturing significant market share in the years to come, thereby driving the market towards growth during the forecast period.

Air Traffic Management Market Leaders

1. Leidos, Inc.

2. Honeywell International Inc.

3. L3Harris Technologies, Inc.

4. RTX Corporation

5. Airbus SE

*Disclaimer: Major Players sorted in no particular order