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Global Remote Tower Market Research Report: Forecast (2021-2026)

  • ID: 5439505
  • Report
  • July 2021
  • Region: Global
  • 243 Pages
  • MarkNtel Advisors LLP

FEATURED COMPANIES

  • Avinor
  • Frequentis Group
  • Harris Corporation
  • Indra Navia AS
  • Indra Systems
  • Raytheon Corporation
Remote Towers offer integrated & digitized airport functions to Air Traffic Control (ATC) from a location other than the Aerodrome.

The “Global Remote Tower Market'' is likely to grow at a CAGR of around 31% during the forecast period i.e. 2021-26, says the author. The prime factors backing the substantial growth of the Global Remote Tower Market include the rapidly growing international & domestic airports across various developed and developing countries.

Since these Remote towers are prominent for controlling ground-based and airborne functions, the governments are investing massively in the market to gain better infrastructure in the region. Furthermore, the benefits of efficient airspace management and safe air traffic management are another factor likely to surge the market growth in the forecast period.

Covid-19 Severely Impacted the Global Remote Tower Market


The outbreak of the Covid19 pandemic severely impacted the Global Remote Tower Market. To combat the spread of the virus, governments across regions imposed lockdown and strict restrictions on movements, which brought a temporary halt to the aviation industry and massive financial loss. Therefore, the slowdown in the aviation market shall directly impact the Global Remote Tower Market in the coming years. However, the gradual upliftment of restrictions and regulations to adjust in the new normal shall enable the market to regain its pace in the forecast years. Furthermore, initiatives by the government and market players shall also help the Global remote Tower Market to recover from the loss and generate remunerative opportunities in the coming years.

Communication to Attain the Largest Share of the Global Remote Tower Market


Based on Application, Global Remote Tower Market bifurcates into Communication, Information & Control, Surveillance, and Visualization. Of all, the Communication segment is likely to attain the largest market share in the forecast period. With the efficient source of communication through Remote Towers, the functioning of the aircraft and airports are much more convenient, thereby burgeoning the demand to install remote towers across regions. Hence, the segment shall attain the largest share of the Global Remote Tower Market in the forecast period.

Information & Control to Witness the Fastest Growth in the Global Remote Tower Market


The Global Remote Tower Market comprises several applications, viz. Communication, Information & Control, Surveillance, and Visualization. Of them all, the Information & Control segment is more likely to display the fastest market growth during the forecast period. The prime factor supporting the astronomical pace includes the rapidly growing demand for real-time tracking systems to ensure and conduct a safe operation at airports. Besides, the accuracy and reliability of the remote towers to provide real-time aircraft position tracking systems with the exact place for safe landing & take-off operations in several airports is further surging the demand for Remote Towers for the Information & Control application.

Furthermore, the segment is likely to surge the Remote Tower demand across various developing countries with limited resources to attain cost-saving benefits for the long term, thereby fuelling the growth in the coming years, states the author in their research report, “Global Remote Tower Market Analysis, 2021.”

Market Driver


The prime factor likely to back up the substantial market growth includes the rapid rise in airport construction and growing air transit demand, progressing the need for efficiency & safety in air traffic control, thereby booming the Remote Tower requirement. Besides, these towers are an effective alternative to save cost, along with modernizing and digitalizing the overall Air Traffic Management Market making it to drive substantially through the forecast period.

Market Restraint


The factors restraining the market growth include the limited network infrastructure with a greater chance for technical failure. Besides, the massive airport capacity is another factor with a potential of technical failure or security issues.

Regional Landscape


Europe to Attain the Largest Share of the Global Remote Tower Market in the Forecast Period


The Global Remote Tower Market is expanding substantially across regions, where Europe is likely to dominate the market with the largest share in the years to come. The prime factor supporting the massive revenue generation includes the abundant availability of remote tower manufacturers operating in the region. Besides, increasing focus on managing and advancing air traffic to reduce the cost & carbon impression is further propelling Europe to attain the largest share of the Global remote Tower market. Furthermore, new projects for these towers across countries like Germany, UK, Sweden, and Norway are also likely to generate massive revenue across Europe in the forecast period.

Competitive Landscape


According to the publishers, the leading players in the Global Remote Tower Market are Frequentis Group, Searidge Technologies, Saab Group, Indra Systems, Thales Group, Avinor, Harris Corporation, Leonard Martin Corporation, Indra Navia AS, Raytheon Corporation.

Key Questions Answered in the Market Research Report:


1. What are the overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of the Global Remote Tower Market?
2. What are the region-wise industry size, growth drivers, and challenges?
3. What are the key innovations, opportunities, current & future trends, and regulations in the Global Remote Tower Market?
4. Who are the key competitors, their key strengths & weaknesses, and how do they perform in the Global Remote Tower Market based on the competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the Global Remote Tower Market study?
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Avinor
  • Frequentis Group
  • Harris Corporation
  • Indra Navia AS
  • Indra Systems
  • Raytheon Corporation
1. Introduction
1.1. Product Definition
1.2. Research Process
1.3. Assumptions
1.4. Market Segmentation

2. Preface

3. Executive Summary

4. Impact of COVID-19 on Global Remote Tower Market Analysis

5. Global Remote Tower Market Outlook, 2016-2026F
5.1. Market Size & Analysis
5.2. Market Share & Analysis

6. North America Remote Tower Market Outlook, 2016-2026F
6.1. Market Size & Analysis
6.2. Market Share & Analysis

7. The US Remote Tower Market Outlook, 2016-2026F
7.1. Market Size & Analysis
7.2. Market Share & Analysis

8. Canada Remote Tower Market Outlook, 2016-2026F
8.1. Market Size & Analysis
8.2. Market Share & Analysis

9. Mexico Remote Tower Market Outlook, 2016-2026F
9.1. Market Size & Analysis
9.2. Market Share & Analysis

10. South America Remote Tower Market Outlook, 2016-2026F
10.1. Market Size & Analysis
10.2. Market Share & Analysis

11. Brazil Remote Tower Market Outlook, 2016-2026F
11.1. Market Size & Analysis
11.2. Market Share & Analysis

12. Argentina Remote Tower Market Outlook, 2016-2026F
12.1. Market Size & Analysis
12.2. Market Share & Analysis

13. Asia-Pacific & Oceania Remote Tower Market Outlook, 2016-2026F
13.1. Market Size & Analysis
13.2. Market Share & Analysis

14. China Remote Tower Market Outlook, 2016-2026F
14.1. Market Size & Analysis
14.2. Market Share & Analysis

15. India Remote Tower Market Outlook, 2016-2026F
15.1. Market Size & Analysis
15.2. Market Share & Analysis

16. Japan Remote Tower Market Outlook, 2016-2026F
16.1. Market Size & Analysis
16.2. Market Share & Analysis

17. South Korea Remote Tower Market Outlook, 2016-2026F
17.1. Market Size & Analysis
17.2. Market Share & Analysis

18. Australia Remote Tower Market Outlook, 2016-2026F
18.1. Market Size & Analysis
18.2. Market Share & Analysis

19. Middle East & Africa Remote Tower Market Outlook, 2016-2026F
19.1. Market Size & Analysis
19.2. Market Share & Analysis

20. Saudi Arabia Remote Tower Market Outlook, 2016-2026F
20.1. Market Size & Analysis
20.2. Market Share & Analysis

21. UAE Remote Tower Market Outlook, 2016-2026F
21.1. Market Size & Analysis
21.2. Market Share & Analysis

22. Israel Remote Tower Market Outlook, 2016-2026F
22.1. Market Size & Analysis
22.2. Market Share & Analysis

23. South Africa Remote Tower Market Outlook, 2016-2026F
23.1. Market Size & Analysis
23.2. Market Share & Analysis

24. Europe Remote Tower Market Outlook, 2016-2026F
24.1. Market Size & Analysis
24.2. Market Share & Analysis

25. United Kingdom Remote Tower Market Outlook, 2016-2026F
25.1. Market Size & Analysis
25.2. Market Share & Analysis

26. Germany Remote Tower Market Outlook, 2016-2026F
26.1. Market Size & Analysis
26.2. Market Share & Analysis

27. France Remote Tower Market Outlook, 2016-2026F
27.1. Market Size & Analysis
27.2. Market Share & Analysis

28. Russia Remote Tower Market Outlook, 2016-2026F
28.1. Market Size & Analysis
28.2. Market Share & Analysis

29. Italy Remote Tower Market Outlook, 2016-2026F
29.1. Market Size & Analysis
29.2. Market Share & Analysis

30. Global Remote Tower MarketMarket Analysis Dynamics
30.1. Growth Drivers
30.2. Challenges
30.3. Impact Analysis

31. Global Remote Tower Market Analysis Trends & Insights

32. Global Remote Tower Market Analysis Hotspots & Opportunities

33. Global Remote Tower Market Analysis Regulations

34. Competitive Benchmarking
34.1. Competition Matrix
34.2. Company Profiles (Business Description, Product Offering, Target Markets, Assets, Strategic Alliances or Partnerships, etc.)

35. Disclaimer
Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Frequentis Group
  • Searidge Technologies
  • Saab Group
  • Indra Systems
  • Thales Group
  • Avinor
  • Harris Corporation
  • Leonard Martin Corporation
  • Indra Navia AS
  • Raytheon Corporation
Note: Product cover images may vary from those shown