Market Share of Asia-Pacific Air Traffic Management Industry
The air traffic management market is fragmented, with several local and international players providing various ATM hardware, software, and services. Adacel Technologies Limited, L3Harris Technologies Inc., SITA, Indra Sistemas SA, and Leidos Inc. are some of the prominent players in the market studied.
Players providing air traffic management solutions to Asia-Pacific countries may benefit from countries like India, focusing on integrating civil and military air traffic services to ensure uniformity in air-traffic control services at both the civilian and defense airports. This will provide them with new opportunities for business expansion. Innovation in the sector is growing, with artificial intelligence (AI) in airport operations and the development of smart digital towers for air traffic control.
Implementing such innovative products and services may further help the growth of the players in the market. For instance, In December 2022, Bharat Electronics Limited (BEL) installed an in-house developed air traffic management automation system at the Bhubaneshwar new airport building. Thus, the newer technologies are expected to provide growth opportunities for the players in the region in the years to come.
APAC Air Traffic Management Market Leaders
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Adacel Technologies Limited
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SITA
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Indra Sistemas SA
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Leidos, Inc.
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L3Harris Technologies, Inc.
*Disclaimer: Major Players sorted in no particular order
