About Remote Towers
Remote tower is a system in which air traffic service is provided in different place than local control tower. This system is equipped with devices such as high resolution cameras, screens, sensors, and other hardwires to control and deliver the air traffic control services which are same as in ATC tower. Remote tower is a cost effective investment and effective solution for a low traffic airport which prevents them from being closed. Moreover, it keeps the staff at safe, protected and secure location. These factors are increasing the demand of remote towers.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global Remote towers market is witnessing rise in competitiveness among the players. In terms of market share, the major players are currently dominating. However, some of the companies are increasing the market presence by securing new contracts and tapping new markets. Analyst at AMA Research estimates that Europe Manufacturers will contribute the maximum growth to Global Remote Towers market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Frequentis (Austria), Saab AB (Sweden), Searidge Technologies (Canada), Indra Sistemas (Spain), Avinor (Norway), Thales Group (France), Kongsburg (Norway) and Rohde & Schwarz (Germany) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Remote Towers market by Type (A), Application (Communication, Information & Control and Surveillance) and Region.
On the basis of geography, the market of Remote Towers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Operation Type , the sub-segment i.e. Single will boost the Remote Towers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Military Airports will boost the Remote Towers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by System Type , the sub-segment i.e. Airport Equipment will boost the Remote Towers market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Air Traffic Control
Market Growth Drivers:
Costs Effectiveness along with Safety and Efficiency is Fueling the Market and Increase in Air Traffic at Tier 1 Airports
Challenges:
Availability of Limited Manufacturers and Limited Network Infrastructure
Restraints:
Travel Restrictions Imposed by Governments Due to COVID 19 is Hampering the Remote Tower Market Negatively
Opportunities:
Rising Need of Sophisticated Airport Equipment for High Quality Input Data Transfer
Market Leaders and their expansionary development strategies
On 17th March 2020, Frequentis has acquired 51% shares of Atrics which offers the innovative software solutions for improving safety and increasing capacity at airports
Key Target Audience
Manufacturers, Raw material suppliers, Government associations, Research organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.