Industry Background:
Multiple remote towers, a system which allows aerodrome air traffic control (ATC) and can control several airfields from a distant virtual control centre. The concept of multiple remote towers can further maximise the cost-saving realized through the implementation of remote tower services. Moreover, this concept of operation will differ in terms of requirements and implementation for various airport and organisation.This growth is primarily driven by Increased Cost Savings, Upsurged Efficiency and Safety and The Growth in Number of Airports Globally.
Globally, a noticeable market trend is evident Modernization of Current Air Traffic Management Infrastructure. Major Players, such as Frequentis (Austria), Saab AB (Sweden), Searidge Technologies (Canada), Indra Sistemas (Spain), Avinor (Norway), Thales Group (France), Raytheon Company (United States), Harris Corporation (United States), Northrop Grumman (United States), Lockheed Martin (United States), Searidge Technologies (United States) and Kongsberg Gruppen (Norway) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
In March 2019, Raytheon signed an agreement with Frequentis to upgrade the airport operations of the United States. Under this contract, the civil airport operations of the US will be upgraded with the help of remote virtual tower technology.
Regulatory Insights:
"The European Union project of Single European Sky initiated a reorganization of European airspace and proposed additional measures for air traffic management to achieve the key objectives of improving efficiency and capacity while at the same time enhancing safety"
Market Drivers
- Increased Cost Savings
- Upsurged Efficiency and Safety
- The Growth in Number of Airports Globally
Market Trend
- Modernization of Current Air Traffic Management Infrastructure
Restraints
- Limited Network Infrastructure in Developing Nations
- Capacity Issues of Big Airports
Opportunities
Growth of the Overall Air Traffic Management Industry
Challenges
Rise in Cyber Threats to Air Traffic Management and Need for Proper Training and Familiarity With Remote Tower Systems
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Multiple Remote Tower Study Sheds Light on
The Multiple Remote Tower Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Multiple Remote Tower industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Multiple Remote Tower industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.