Remote Towers Market Increasing Demand with Industry Professionals by 2027

Admin

The global Remote Towers Market size is expected to reach USD 683.4 million by 2027 while exhibiting a stellar CAGR of 31.05% between 2023 and 2027. This is attributable to increasing focus on 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, 2023-2027.”, observes that the market was worth USD 40 million in 2019 and is likely to witness significant growth in the forthcoming years.

Informational Source:

https://www.fortunebusinessinsights.com/remote-towers-market-102523

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

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

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.

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 adoption of strategies by them to innovate novel products, announce partnerships, and collaboration 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, the 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 the 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. 

 

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 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.

About Author

Admin

See author's posts

Related Posts

You know the saying, “Don’t judge a book by its cover?” Let’s flip that on its head and talk about why you should judge a book by the company that prints it. Companies like Acutrack are revolutionizing the publishing industry with a range of services that include just-in-time printing, bookbinding, and order fulfillment services. So, what’s the real difference between on-demand book printing and traditional printers? Let’s dive in and find out. First, let’s address the main factor at play here: flexibility. With on-demand book printing and fulfillment companies, flexibility is their middle name. Gone are the days of feeling pressure to bulk print thousands of copies up front, hoping they’ll sell. Now, you can print as many or as few books as you need whenever you need them. This approach eliminates the risk of overstocking and allows publishers and authors to make more informed decisions about their print runs. The second advantage of on-demand book printing is the time factor. Traditional book printing requires long lead times and a whole lot of patience on the author’s part. Enter print fulfillment companies, changing the game by slashing those production timelines. Want to publish your book next month, next week, or even tomorrow? No problem. Just say the word, and it’s happening. Now compare that to the months – sometimes years – spent waiting for a traditional printer, and it’s clear to see which option is more appealing. Third, on-demand book printing and fulfillment companies are ahead of the curve when it comes to technology and innovation. With state-of-the-art printing equipment and software, these companies offer a range of printing options and binding styles to suit any taste. No longer are authors pigeonholed into mass-market formats. Instead, you can customize every aspect of your book, creating something utterly unique and tailored to your specific needs. Another point to consider is the level of control on-demand book printing companies afford authors and publishers. Traditional printing models often involve relinquishing some aspect of control, whether it’s over design choices, printing options, or even rights and royalties. With on-demand book printing, those concerns become a thing of the past. Authors and publishers retain full control over their projects, guiding every step from the initial concept stage to the finished product and shipping to the reader. Finally, let’s think about the financial implications. Traditional book printing comes with high upfront costs and the ever-present risk of investing in a print run that could potentially struggle to sell. The on-demand model completely removes that financial gamble. By only printing the exact number of copies needed at any given time, authors and publishers are better equipped to manage their budgets effectively, allocate resources more wisely, and make more strategic, well-informed decisions about their projects. There you have it – five important factors that set on-demand book printing and fulfillment companies apart from their traditional counterparts. The marriage of flexibility, speed, technology, control, and financial prudence paints a compelling picture of why these companies are making waves in modern publishing. So, next time you’re evaluating your publishing options, remember the benefits of Acutrack’s services and open your mind to the possibilities on-demand book printing can offer. Ready to give it a shot? Don’t hesitate to contact Acutrack today and explore how they can bring your literary vision to life. Business Name – Acutrack, Inc Address – 350 Sonic Ave, Livermore, CA 94551 Phone Number – 888-234-3472

You know the saying, “Don’t judge a book by its cover?” Let’s flip that on its head and talk about…