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Remote Towers Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

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Remote Towers Market
1. Remote Towers Market Overview
The global remote towers market is expected to grow at a CAGR of around 6% during the forecast period of 2020-2025.

The major factor driving the growth of the market is the increasing number of airport privatization and the need for cost-effective airport operations. Moreover, the benefits offered by remote towers such as increased safety, efficiency, and flexibility are anticipated to further fuel the market growth.

However, the high initial investment and lack of awareness among the airport authorities are some of the major factors restraining the market growth.

The remote towers market is segmented based on component, application, and geography.

Based on component, the market is divided into software, hardware, and services. The software segment is anticipated to grow at the highest CAGR during the forecast period due to the increasing adoption of advanced technologies such as artificial intelligence (AI) and machine learning (ML).

Based on application, the market is classified into Approach Control, Area Control, and Departure Control. The approach control segment is projected to grow at the highest CAGR during the forecast period due to the increasing number of airport privatization and the need for efficient airport operations.

Geographically, the remote towers market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

North America is anticipated to dominate the market during the forecast period due to the presence of well-established airport infrastructure and the increasing adoption of advanced technologies.

Europe is expected to grow at the second-highest CAGR during the forecast period due to the presence of a large number of airports and the increasing need for efficient airport operations.

The Asia-Pacific region is expected to grow at the highest CAGR during the forecast period due to the increasing number of airport privatization and the need for efficient airport operations.

Some of the key players operating in the remote towers market include Saab AB, Lockheed Martin Corporation, ANSYS, Inc., Frequentis AG, Frequentis USA, Inc., L3Harris Technologies, Inc., Northrop Grumman Corporation, Raytheon Company, and Thales Group.

2. Remote Towers Market Growth Drivers
The global remote towers market is expected to grow at a CAGR of around 11% during the forecast period of 2020-2025. The increasing demand for airport infrastructure development and the need for reducing the overall cost of airport operations are the major factors driving the growth of the remote towers market.

Airport infrastructure development is one of the major drivers for the growth of the remote towers market. The construction of new airports and the expansion and modernization of the existing ones are expected to create a demand for air traffic management (ATM) systems, which would in turn, drive the growth of the remote towers market. In addition, the implementation of the Remote Tower Centre (RTC) concept is expected to further fuel the market growth.

The need for reducing the overall cost of airport operations is another major driver for the growth of the remote towers market. The adoption of remote towers is expected to help in reducing the overall cost of airport operations, as it would eliminate the need for constructing towers at airports. In addition, it would also help in reducing the number of air traffic controllers (ATCs) required at an airport, thereby further reducing the operating costs.

3. Remote Towers Market Challenges
The global remote towers market is expected to grow at a CAGR of around 14% during the forecast period of 2020-2025. Remote towers are an important part of the air traffic management system and are used to provide air traffic control services at airports from a remote location. These systems are implemented at airports to improve the efficiency of air traffic controllers and to reduce the cost of operation.

The implementation of remote towers is a complex process and requires the coordination of various stakeholders such as airports, airlines, air traffic controllers, and technology providers. There are several challenges associated with the implementation of remote towers, which can hamper the growth of the market.

1. Lack of Awareness: There is a lack of awareness about remote towers among the airport authorities and other stakeholders, which is one of the major challenges faced by the market. The primary reason for the lack of awareness is the lack of understanding of the benefits offered by remote towers. Airport authorities and other stakeholders are not aware of the potential benefits of remote towers, such as cost savings, improved efficiency, and increased safety.

2. High Cost of Implementation: The high cost of implementation is another challenge faced by the market. The cost of setting up a remote tower center is high as it requires the installation of sophisticated technologies and equipment. In addition, the cost of training air traffic controllers to use the remote tower system is also high.

3. Regulatory Issues: Regulatory issues are another challenge faced by the market. The implementation of remote towers is a complex process and requires the coordination of various stakeholders such as airports, airlines, air traffic controllers, and technology providers. There are several regulatory issues associated with the implementation of remote towers, which can hamper the growth of the market.

4. Technical Issues: Technical issues are another challenge faced by the market. The successful implementation of remote towers requires the integration of various technologies, such as air traffic management systems, surveillance systems, and communication systems. The technical issues associated with the integration of these technologies can hamper the growth of the market.

5. Social Issues: Social issues are another challenge faced by the market. The successful implementation of remote towers requires the relocation of air traffic controllers from their current

4. Remote Towers Market Opportunities
The global Remote Towers market is expected to reach USD 2.03 billion by 2025, according to a new report by Radiant Insights, Inc. This growth is primarily driven by the increasing demand for air traffic control services, particularly in the Asia-Pacific region.

There are several factors that are driving the growth of the Remote Towers market. One of the key drivers is the increasing demand for air traffic control services. Air traffic is expected to grow at a CAGR of 4.5% from 2016 to 2026, and this growth is expected to drive the demand for remote towers.

Another driver for the market is the cost savings associated with remote towers. Airports can save up to 50% on their air traffic control costs by using remote towers. This is a significant cost saving for airports, and is expected to drive the adoption of remote towers.

The third driver for the market is the increasing need for safety and security. Air traffic is growing at a rapid pace, and this growth is expected to lead to an increase in the number of accidents. Remote towers can help reduce the number of accidents by providing early warning and better visibility.

The fourth driver for the market is the increasing number of privatization of air traffic control services. Privatization of air traffic control is expected to increase the demand for remote towers.

The fifth driver for the market is the increasing number of greenfield airports. Greenfield airports are expected to be built in the coming years, and these airports are expected to use remote towers.

The Remote Towers market is segmented on the basis of type, application, and region.

On the basis of type, the market is segmented into ground-based remote towers, airborne remote towers, and unmanned aerial vehicle (UAV) remote towers.

On the basis of application, the market is segmented into civilian airports and military airports.

On the basis of region, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The key players in the Remote Towers market include Saab AB, Lockheed Martin Corporation, Frequentis AG, Honeywell International Inc., Airbus S.

5. Remote Towers Market Size and Forecast
The global remote towers market size is expected to grow from USD 1.1 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 13.2%. The key players in the remote towers market include Saab (Sweden), Thales (France), Lockheed Martin (US), Frequentis (Austria), Indra (Spain), Collins Aerospace (US), and Honeywell International (US).

The rising demand for air traffic management solutions and services is expected to drive the growth of the remote towers market. Remote towers enable air traffic controllers to manage air traffic from a remote location using technology, thereby, reducing the number of air traffic controllers required at the airport. Moreover, these systems help in reducing the overall cost associated with the construction and operation of air traffic control towers.

The Asia-Pacific region is expected to witness the highest growth in the remote towers market during the forecast period. The increase in the number of airports and the rise in air traffic in the region are the major factors driving the growth of the remote towers market in Asia-Pacific.

The COVID-19 pandemic has had a significant impact on the aviation industry. The lockdown imposed by various governments across the world has led to the temporary closure of airports and a decline in air traffic. This has, in turn, hampered the growth of the remote towers market. However, with the gradual easing of lockdown restrictions, the aviation industry is expected to recover in the coming years, which would provide a boost to the growth of the remote towers market.

6. Remote Towers Market segmentation
The global remote towers market is segmented on the basis of solution, service, end user, and geography.

On the basis of solution, the remote towers market is categorized into hardware, software, and services. The services segment is projected to grow at the highest CAGR during the forecast period. The increasing demand for services such as system integration, support and maintenance, and consulting is expected to drive the growth of this segment.

On the basis of service, the remote towers market is classified into system integration, support and maintenance, and consulting. The system integration segment is estimated to lead the remote towers market in 2018. This segment is projected to grow at the highest CAGR during the forecast period. The high growth of this segment can be attributed to the need for seamless integration of various hardware and software components to achieve an effective remote tower solution.

On the basis of end user, the remote towers market is divided into airports, military, and others. The airports segment is projected to grow at the highest CAGR during the forecast period. The increasing demand for remote towers at airports is attributed to the need for efficient and safe air traffic management.

On the basis of geography, the remote towers market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is projected to lead the remote towers market in 2018. The US is the major contributor to the growth of the remote towers market in North America. The presence of a large number of airports and the increasing demand for remote towers at these airports are the major factors driving the growth of the remote towers market in North America.

7. Remote Towers Market competitive landscape
The global remote towers market is expected to grow at a CAGR of around 7% during the forecast period of 2020-2025.

The remote towers market is highly competitive and consists of a large number of players. Key players in the market include Saab AB, Frequentis AG, Lockheed Martin Corporation, Northrop Grumman Corporation, and Raytheon Company.

Saab provides a wide range of products and services for the civil aviation, defence and security, and space sectors. The company offers airport surveillance radar, remote tower solutions, and integrated air traffic management solutions.

Frequentis is a leading international provider of communication and information systems for air traffic management (ATM) and public safety. The company offers various solutions for airports, including remote tower solutions.

Lockheed Martin is a global aerospace, defence, security, and technology company. The company offers a variety of products and services for the civil and military aviation, space, and security markets.

Northrop Grumman is a leading global security company providing innovative systems, products, and solutions. The company offers a range of products and services for the aviation, space, and defence markets.

Raytheon is a leading technology and innovation company specializing in defence, security, and aerospace. The company offers a variety of products and services for the civil and military aviation, space, and security markets.

LIST OF KEY COMPANIES PROFILED:

 

    • Frequentis Group
    • Saab Group
    • Searidge Technologies
    • Indra Systems
    • Avinor
    • Thales Group
    • Harris Corporation
    • Indra Navia AS
    • Leonard Martin Corporation
    • Raytheon Corporation

Report Scope & Segmentation

 

SEGMENTATION

 

 

  DETAILS

 

 

Study Period

 

 

2016-2027

 

 

Base Year

 

 

2019

 

 

Forecast Period

 

 

2020-2027

 

 

Historical Period

 

 

2016-2018

 

 

Unit

 

 

Value (USD Million)

 

 

By Operation Type

 

 

    • Single
    • Multiple
    • Contingency
 

By System Type

 

 

    • Airport Equipment
    • Remote Tower Module
    • Network Solution
 

By Application

 

 

    • Communication
    • information & Control
    • Flight Data Handling
    • Surveillance
    • Visualization
 

By Region

 

 

    • North America (the U.S. and Canada)
    • Europe (the U.K., Germany, France, Russia and Rest of Europe)
    • Asia Pacific (Japan, China, India, Singapore, and Rest of Asia Pacific)
    • Middle East (Saudi Arabia, UAE, Qatar, and Rest of the Middle East)
    • Rest of the World (Latin America and Africa)

 

 

 

By Operation Type

 

 

    • Single
    • Multiple
    • Contingency
 

By System Type

 

 

    • Airport Equipment
    • Remote Tower Module
    • Network Solution
 

By Application

 

 

    • Communication
    • information & Control
    • Flight Data Handling
    • Surveillance
    • Visualization

 

    • Frequentis Group
    • Saab Group
    • Searidge Technologies
    • Indra Systems
    • Avinor
    • Thales Group
    • Harris Corporation
    • Indra Navia AS
    • Leonard Martin Corporation
    • Raytheon Corporation

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