Global Air Traffic Control market to reach $9.3B in 2024, growing at 6.2% CAGR, driven by modernization, air passenger growth, and safety improvements.
The Business Research Company forecasts the global Air Traffic Control market size to reach $9.3 billion in 2024, growing at a CAGR of 6.2%, driven by modernization initiatives, air passenger growth, safety improvements, evolving navigation systems, and remote tower operations. The market is expected to reach $11.55 billion in 2028 at a CAGR of 5.6%. Key trends include automation, AI integration, safety enhancement, NextGen ATC programs, and cybersecurity measures.
June 13, 2024
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