Remote Towers Market to Grow at CAGR of 33.5% Through 2029 With Rising Air Freight, Number of Passengers & Number of Airports | Frequentis Group, Saab Group, Searidge Technologies, Indra Systems

Remote Towers Market will exhibit a CAGR of 33.5% in the forecast period of 2022 To 2029 and is expected to reach USD 942.8 million by 2029.

Exactitude consultancy has announced the publication of Global Remote Towers Market, a new research that encompasses regional and global market data and is projected to produce a profit from 2022 To 2029.The report looks into this market in depth. The present market trends and dynamics are assessed, assisting in the mapping of the global Remote Towers market’s path. It incorporates precise and anticipated market estimations in terms of value and volume, technical advancement, macroeconomic and governing market aspects to offer a realistic picture of the current market position.

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Remote tower centers are equipped with high-definition cameras, sensors, hardware and wide panoramic screens. This advanced equipment is managed by highly trained staff to provide air traffic services and provide his 360 degree view of airport areas deploying air traffic flow management systems.

Top Leading Companies of Global Remote Towers Market are Frequentis Group, Saab Group, Searidge Technologies, Indra Systems, Avinor, Thales Group, Harris Corporation, Leonard Martin Corp., and Raytheon Corp and others.

Recent Developments

  • In November 2021, China Southern signed a purchase agreement with Thales Group for their selection of the NXT-800 Automatic Dependent Surveillance – Broadcast (ADS-B) Transponder from ACSS, an L3Harris Technologies and Thales company, during the fourth China International Import Expo (CIIE).
  • In October 2021, The Korean Airport Corporation (KAC) has conferred Indra Sistemas (Spain) a contract for the supply and installation of Indra Sistemas’s Normarc Instrument Landing Systems (ILS) and Distance Measuring Equipment (DME) with a total value of roughly USD 7 million.
  • In January 2021, Frequentis Group (Austria) acquired parts of the ATM product segment from L3Harris Technologies (US)

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Regional Share:

Europe accounted for the largest market share of 44% in the global remote tower market and is expected to continue its dominance over the forecast period.

Remote Towers Market Segmentation:

Remote Towers Market by Operation Type, 2020-2029, (USD Million)

Single Multiple

Contingency

Remote Towers Market by System Type, 2020-2029, (USD Million)

Airport Equipment

Remote Towers Modules

Network Solutions

Remote Towers Market by Application, 2020-2029, (USD Million)

Communication

Information & Control

Surveillance

Visualization

Regions Covered in the Global Remote Towers market Report 2022:

  • The Middle East and Africa (GCC Countries and Egypt)
  • North America (the United States, Mexico, and Canada)
  • South America (Brazil etc.)
  • Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

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The report provides insights on the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the Remote Towers Market.
  • Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.
  • Market Development: Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Remote Towers Market.

Reason for Buying this Report:

  • It offers informative data on recent advancements and technological trends.
  • For a comparative study of the Remote Towers Market.
  • It offers extensive research on market dynamics such as drivers, restraints, and opportunities.
  • Furthermore, it offers an in-depth analysis of the economic aspects of the businesses.
  • The global analysis of global trading, import, export, and local consumption.
  • Global Remote Towers Market analysis of sellers, vendors, and buyers.
  • It offers an evaluation of competitive landscape.

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