Remote Towers Market to Hit USD 584.3 Million by 2027 | At
Pune, India, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The global remote towers market size is expected to reach USD 584.3 million by 2027 while exhibiting a stellar CAGR of 31.05% between 2020 and 2027. The market was USD 40 million in 2019 and is likely to witness significant growth in the forthcoming years.
This is attributable to the increasing focus on the modernization of airports across the globe. Fortune Business Insights, in its latest report, titled “Remote Towers Market Size, Share and Industry Analysis by Operation (Single Multiple and Contingency), By System (Airport Equipment, Remote Towers Modules, Network Solutions), By Application (Communication, Information & Control, Surveillance, Visualization), and Regional Forecast, 2020-2027.”, observes that
Get a Free Sample Research Report:
https://www.fortunebusinessinsights.com/enquiry/sample/remote-towers-market-102523
The remote towers market has experienced significant growth in recent years as a result of advancements in technology and increasing demand for cost-effective air traffic control solutions. Remote towers enable air traffic controllers to remotely monitor and manage multiple airports from a centralized location, providing greater flexibility and efficiency in air traffic management. This technology offers numerous benefits, including reduced infrastructure costs, increased safety, and improved operational efficiency. The market is expected to continue growing in the coming years, driven by the increasing need for cost-effective air traffic management solutions and the development of advanced remote tower technologies.
List of the Companies Operating in the Market:
- Frequentis Group
- Saab Group
- Searidge Technologies
- Indra Systems
- Avinor
- Thales Group
- Harris Corporation
- Indra Navia AS
- Leonard Martin Corporation
- Raytheon Corporation
Remote tower is a modern concept wherein the overall air traffic services of an airport are managed at a different place than the local control tower. They offer several benefits over the conventional air traffic control systems located at the airport. They provide extensive support tools that enhances the safety and improves the operational activities of the airport. Additionally, they provide several cost-saving options and aid in reduction of maintenance costs. These towers are equipped with sensors, high-resolution cameras, and hardware that deliver optimum quality air traffic services and are adopted widely across several airports across the globe.
Report Scope & Segmentation:
Report Coverage | Details |
Forecast Period | 2020-2027 |
Forecast CAGR | 31.05 % |
2027 Value Projection | USD 584.3 Billion |
Base Year | 2019 |
Remote Towers Market Size in 2019 | USD 40 Billion |
Historical Data | 2016-2018 |
No. of Pages | 200 |
Segments Covered | By Operation Analysis, By System Analysis, By Application Analysis |
Remote Towers Market Growth Drivers | Increasing Focus on Modernization of Airports to Augur Growth |
Browse Detailed Summary of Research Report with TOC:
https://www.fortunebusinessinsights.com/remote-towers-market-102523
What does the Report Include?
The market report includes quantitative and qualitative analysis of several factors such as the key drivers and restraints that will affect market growth. The report provides insights into the regional analysis that covers the different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves leading companies and the adoption of strategies by them to innovate novel products, announce partnerships, and collaborate that will contribute to the growth of the market between 2020 and 2027. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to extract information about the current trends and industry developments that will drive the market growth in the forthcoming years.
DRIVING FACTORS
Increasing Focus on Modernization of Airports to Augur Growth
According to the International Air Transport Association, global air passenger traffic in 2019 rose by 4.2% when compared to 2018. Increasing air passenger traffic is placing a heavy strain on the terminal and ground facilities across several airports. Besides, this is leading to dangerous air congestion over major cities globally. To prevent any untoward incidents and mishaps, the airports are increasingly focusing on modernizing airport amenities and upgrading operational services. Growing adoption of technology such as artificial intelligence (AI) and machine learning in the modernization process of the airports is expected to bode well for the growth of the global remote towers market during the forecast period.
Inquire Before Buying This Research Report:
https://www.fortunebusinessinsights.com/enquiry/queries/remote-towers-market-102523
REGIONAL INSIGHTS
Presence of Major Manufacturers in Europe to Aid Growth
Among all regions, the market in Europe is anticipated to witness considerable growth and hold the highest global remote towers market share during the forecast period. This is attributable to the presence of several manufacturers such as Thales Group, Saab, and Frequentis Group in the region. North America, on the other hand, is expected to hold second position in the market during the projected horizon. This is ascribable to factors such as the increasing adoption of modern technology owing to the presence of major companies that are focusing on modernization of airports between 2020 and 2027.
COMPETITIVE LANDSCAPE
LVNL Signs Contract with Saab to Supply Remote Tower Systems
In December 2019, Air Traffic Control the Netherlands (LVNL) announced that it has signed a 20-year agreement with the Saab Digital Air Traffic Solutions (SDATS). According to the LVNL, the contract involves an agreement by Saab, wherein it will install remote towers at the Maastricht Airport and Groningen Airport Eelde. Additionally, Saab will construct a remote tower center at the Amsterdam Airport Schiphol. Adoption of strategies such as contract signing, partnership, and merger and acquisition by the companies is expected to contribute to the global remote towers market growth in the forthcoming years.
Ask for Customization:
https://www.fortunebusinessinsights.com/enquiry/ask-for-customization/remote-towers-market-102523
Detailed Table of Content:
- Introduction
- Research Scope
- Market Segmentation
- Research Methodology
- Definitions and Assumptions
- Executive Summary
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Key Insights
- Key Industry Developments –Mergers, Acquisitions and Partnerships
- Latest technological Advancements
- Porters Five Forces Analysis
- Supply Chain Analysis
- Quantitative Insights-Impact of COVID-19 Pandemic on Global Remote Towers Market
- Impact of COVIC-19 Pandemic on the Global Remote Towers Market
- Steps Taken by the Industry/Companies/Government to Overcome the Impact
- Key Development in the Industry in Response to COVID-19 Impact
TOC Continued…!
Read Related Insights
Air Traffic Control Market to Reach USD 9.45 Billion by 2027; Implementation of Artificial Intelligence to Brighten Business Possibilities, sates Fortune Business Insights™
Air Traffic Management and Consulting Market to Reach USD 16.11 Billion by 2028 | Global Air Traffic Management and Consulting Industry Growth, Share, Top Key Players, Competitive Analysis by Fortune Business Insights™
5G in Aviation Market to Worth USD 9.92 Billion by (2021-2028) | 5G in Aviation Industry Registering CAGR of 47.03%
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
Address:
Fortune Business Insights Pvt. Ltd.
9th Floor, Icon Tower, Baner –
Mahalunge Road, Baner, Pune-411045,
Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
LinkedIn Facebook Twitter

TIN LIÊN QUAN
Avionics Market to Hit USD 75.81 Billion by 2027 | At a
Companies Covered in Avionics Market are Avilution LLC (The U.S.), BAE Systems (The U.K.), CCX Technologies (Canada), Cobham PLC (The U.K.), Collins...
Cloud Managed Network Market worth $36.3 billion by 2027,
The need for greater data connectivity with higher security, privacy and control will drive the Cloud Managed Network Market....
The Rising Demand For Smart Devices Will Propel The
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032...
Particleboard Market Expected to Grow at 5.2% CAGR Till
NEW YORK, March 10, 2023 (GLOBE NEWSWIRE) -- IndexBox, a leading market research firm, has released its latest report on the global wooden particle board...
Rugged Tablet Market Size to Grow Worth USD 946 Million |
The global rugged tablet market has seen significant growth, with a market size of USD 599.1 million in 2017. This trend is projected to continue, with the...
Advancements In Low Light Imaging Technology Drive Growth
Chicago, Feb. 22, 2023 (GLOBE NEWSWIRE) -- The Low-Light Imaging Market by Technology (CMOS and CCD), Application (Photography, Monitoring, Inspection...
Lubricants Market Estimated to Reach $187.9 Billion by 2027
Chicago, Feb. 24, 2023 (GLOBE NEWSWIRE) -- The global lubricants market size is projected to reach USD 187.9 billion by 2027 from USD 164.8 billion in...
With 13.58% CAGR, Dairy Alternatives Market to Hit USD
Companies covered in Dairy Alternatives Market are Danone S.A. (France), Archer-Daniels-Midland Company (U.S.), Blue Diamond Growers (U.S.), SunOpta, Inc....
THỦ THUẬT HAY
Hướng dẫn cài font Uni tập viết 0, Uni tập viết 5 trên máy tính
Font Uni là bộ font rất thích hợp để giáo viên, phụ huynh sử dụng tạo những bộ chữ cái, câu để rèn luyện khả năng tập việt cho các bé. Với hướng dẫn cài font Uni tập viết 0, Uni tập viết 5 trên máy tính dưới đây sẽ
Một số thủ thuật giải phóng không gian ổ cứng máy tính Windows 10
Theo thói quen, người dùng thường hay lưu trữ rất nhiều file trên máy tính, thậm chí có cả các file mà họ không bao giờ sử dụng đến. Đây chính là một trong những nguyên nhân vô hình làm 'ngốn' không gian ổ đĩa cứng
5 trong hàng chục tính năng nổi bật của bộ giao diện của Nova Launcher
Sau khi tải về file apk của Nova Launcher Prime, bạn hãy cài đặt vào thiết bị như cách thông thường. Nếu chưa bật Cài đặt ứng dụng từ nguồn không xác định, hãy bật tính năng này lên bằng cách vào Cài đặt > Bảo mật
Cách sao chép văn bản Word vào slide PowerPoint
Người dùng hoàn toàn có thể tạo slide thuyết trình PowerPoint từ file văn bản Word có sẵn, với cách làm vô cùng đơn giản.
Active Win 10 cài vĩnh viễn, bao gồm Product Key miễn phí
Bạn đang tìm kiếm cách dễ nhất để kích hoạt windows 10 miễn phí phải không? Hãy cùng trangcongnhe.vn tìm hiểu chi tiết cách kích hoạt miễn phí các phiên bản windows 10 (windows pro, home và các phiên bản khác).
ĐÁNH GIÁ NHANH
Hyundai Accent 2021: Đầy ắp công nghệ đối thủ đang gờm Toyota Vios
Bảng giá xe Hyundai Accent 2021 trên đây của Anycar.vn chỉ mang tính chất tham khảo, giá bán xe Hyundai Accent 2021 có thể thay đổi tùy theo thời điểm và chương trình khuyến mãi từ đại lý xe Hyundai Accent 2021.
Galaxy A52s 5G với camera chống rung OIS và chip Snapdragon 778G: Lựa chọn hoàn hảo cho cả nhu cầu “sống ảo” và “gaming”
Galaxy A series của Samsung luôn khiến mình cảm thấy bất ngờ với cách mà nhà sản xuất “đối đãi” với người dùng, đặc biệt là chiếc Galaxy A52s 5G này, một sản phẩm hội tụ đầy đủ các yếu tố về cấu hình, ngoại hình và
Đánh giá nhanh Xiaomi Redmi 5A: thiết kế trẻ trung, hiệu năng khá, trải nghiệm tốt trong tầm giá bán
Redmi 5A có thiết kế trẻ trung, cấu hình tầm trung, thời lượng pin dài, bộ đôi camera đều chụp ảnh khá ổn nhưng giá bán chỉ khoảng 2.4 triệu đồng. Khi kết hợp yếu tố phiên bản màu hồng nhìn đẹp, Redmi 5A nhìn quyến rũ,