The voice communication control system market size was USD 3.06 billion in 2021. The market is projected to grow from USD 3.20 billion in 2022 to USD 4.95 billion in 2029 at a CAGR of 6.46% during the 2021-2028 period.
List of Key Players Present in the Market
ASELSAN A.S. (Turkey)
Copper chase (U.K.)
Frequentis AG (Austria)
Indra Sistemas, S.A. (Spain)
L3Harris Technologies, Inc. (U.S.)
MEP (Netherlands)
NATS Limited (U.K)
Northrop Grumman Corporation (U.S.)
Rohde & Schwarz (Germany)
I.T.T.I. S.p.A. (Italy)
Saab AB (Sweden)
Thales Group (France)
Segments
The market for unmanned traffic management solutions is classified into three main categories: hardware, software, and services. It is further divided by platform, including air, ground, and maritime. The market is also segmented by application, such as air traffic control, vessel traffic control, strategic emergency services, and other purposes. Geographically, the market is divided into North America, Europe, Asia Pacific, the Middle East, and the Rest of the World.
Report Coverage
What is the outlook for the unmanned traffic management solutions industry, and how will it impact the market?
What are the main drivers and trends that are shaping the growth of the unmanned traffic management solutions market?
Which factors are hindering the market's growth?
What are the prospects for the unmanned traffic management solutions market in different regions?
Who are the key market players, and what strategies do they prefer to use?
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Drivers & Restraints
Rising Need for Interoperable Voice Communications & Increasing Number of Airport Projects will Augment Growth
Factors such as increasing technological innovations of next-generation voice communication systems, rising utilization in commercial & military ATM operations, and increasing investments in R&D activities will boost the voice communication control system market growth during the forecast period. The rising number of airport projects due to increasing air passengers globally and growing modernization of domestic and international projects will increase the footprint of the market. Also, shifting traditions from analog to digital VoIP and rising benefits, including long-distance calling range will fuel the growth of the market.
However, stringent airport system design standards and rising safety norms & regulations will limit the growth of the market during the forecast period.
Regional Insights
Europe to Occupy Significant Market Presence due to Increasing Presence of OEMs
Europe will occupy a considerable market share, owing to increasing presence of OEMs in the region such as S.I.T.I. S.p.A., Rohde & Schwarz, and NATS Limited.
Asia Pacific will witness the highest growth rate during the forecast period, owing to the rising defense expenditure in emerging economies, such as China and India, and increasing number of airport projects in the region.
North America will hold a significant market share in terms of global contribution due to expanding military modernization programs in the U.S. and increasing defense budgets. Also, the region boasts numerous airports, which will further fuel the growth of the market.
Competitive Landscape
Long-Term Gains & Increasing Technological Innovations to Push Market Players Toward Dominance
The competitive landscape for the market of voice communication control systems is occupied by select players, including Indra Sistemas, S.A., L3Harris Technologies, Inc., and S.I.T.T.I. S.p.A. VoIP-based communication products are adopted by various dominant players to diversify their product portfolio. For example, in March 2020, Sistemas, S.A. completed the modernization of Uzbekistan's air navigation infrastructure with its VCS and VHF and HF radio solutions. This move is aimed at upstaging the tourism sector in Uzbekistan. Additionally, players are focused on widening their business prospects by entering long-term contracts with air traffic management services and airport authorities. Also, cost-effective solutions for commercial and other end-users will further increase the presence of the dominant players.