Remote Towers Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of Remote Towers Market
The remote towers market size was valued at USD 40 million in 2019, and the market is now projected to grow to USD 727.60 million by 2032, exhibiting a CAGR of 25.00% during the forecast period of 2019-2032.
Government has put restrictions on social gatherings, events and moving out from home which make the people homesick. Numerous companies are encountering hurdles due to covid pandemic as the outbreak situation has curtailed production and supply chain which has hindered the market switched to treating covid patients as priority over the other procedures which led the remote towers market growth. Additionally, manpower shortages affected manufacturing plants and slowed production due to movement restrictions and lockdowns in several regions. The pandemic has also had a negative impact on facial recognition door lock manufacturing and production facilities. The disruption in the supply chain and the decreased availability of labor, staff, and resources are the causes of this. The market is expected to grow slowly. However, subject to the treatment segment returning to its regular operations, the product demand will gradually revert to its historical estimations as lockdown requirements are gradually relaxed.
Increasing investment in airport infrastructure development to support remote towers market growth during forecast period. The aviation business has expanded rapidly in recent years across the globe. This rapid rise is increasing the number of air passengers as airline companies offer low-cost flights in a variety of countries. The growing demand for airport infrastructure expansion and improvement is drawing global investment. According to the International Air Transport Association (IATA), the global airport infrastructure investment is estimated to reach USD 1.5 trillion by 2030 for building, modernization, and development. These aspects are expected to provide several chances for market expansion during the forecast period.
Advancement and standardization of remote control tower technology would boost remote towers market growth. Modern and advanced remote virtual towers have many advantages over traditional air traffic control tower systems. Technological improvements in remote and virtual towers provide controllers with additional support tools to ensure proper safety. Several OEMs are working on developing remote tower technology that will be adopted by all small, medium, and big airports throughout the world in the next years. In the approaching years, the vision enhancement system will most likely be employed to innovate contingency services. Major OEMs are focused on the development of sensors with object detection capabilities to improve the ability of remote and virtual tower systems, and numerous airports are already deploying them.
Comprehensive Analysis of Remote Towers Market
The remote towers market and Aerospace & Defence industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessments considering the dominant supply and demand forces that impact the pharmacy benefit management industry. These segmentations are methodically segregated by Operation type, System Type and by application. The Operation Type segmentations include Single Multiple and Contingency, By System Type segmentations include Airport Equipment, Remote Towers Modules, Network Solutions, By Application segmentations include Communication, Information & Control, Surveillance, Visualization.
The North America region lead the remote towers market by benefitting a market size of USD 16.7 million in 2027 due to Increasing investment in airport infrastructure development and Advancement and standardization of remote control tower technology.
The top players in the market play a crucial role in the Aerospace & Defence industry assuring industrial prospectus growth and setting market standards. These players include, Frequentis Group, Saab Group, Searidge Technologies, Indra Systems, Avinor, Thales Group, Harris Corporation, Indra Navia AS, Leonard Martin Corporation, Raytheon Corporation these market players provide a level-playing competitive landscape.
In April 2019, Frequentis has formed a relationship with Deutsche Flugsicherung DFS, a German air navigation company. This collaboration planned to operate the country's first remote tower for Saarbrucken Airport from a remote control center located around 450 kilometers distant.
Segmentation Table
SEGMENTATION DETAILS
Study Period 2016-2027
Base Year 2019
Forecast Period 2020-2027
Historical Period 2016-2018
Unit Value (USD Million)
By Operation TypeSingle
Multiple
Contingency
By System TypeAirport Equipment
Remote Tower Module
Network Solution
By ApplicationCommunication
Information & Control
Flight Data Handling
Surveillance
Visualization
By RegionNorth 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)
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- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
- 4. Key Insights
- 4.1. Key Industry Developments –Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
- 5. Quantitative Insights-Impact of COVID-19 Pandemic on Global Remote Towers Market
- 5.1. Impact of COVIC-19 Pandemic on the Global Remote Towers Market
- 5.2. Steps Taken by the Industry/Companies/Government to Overcome the Impact
- 5.3. Key Development in the Industry in Response to COVID-19 Impact
- 6. Global Remote Towers Market Analysis, Insights and Forecast, 2016-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Operation
- 6.2.1. Single
- 6.2.2. Multiple
- 6.2.3. Contingency
- 6.3. Market Analysis, Insights and Forecast – By System
- 6.3.1. Airport Equipment
- 6.3.2. Remote Towers Modules
- 6.3.3. Network Solutions
- 6.4. Market Analysis, Insights and Forecast – By Application
- 6.4.1. Communication
- 6.4.2. Information & Control
- 6.4.3. Surveillance
- 6.4.4. Visualization
- 6.5. Market Analysis, Insights and Forecast – By Region
- 6.5.1. North America
- 6.5.2. Europe
- 6.5.3. Asia pacific
- 6.5.4. Middle East
- 6.5.5. Rest of the world
- 7. North America Remote Towers Market Analysis, Insights and Forecast, 2016-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Operation
- 7.2.1. Single
- 7.2.2. Multiple
- 7.2.3. Contingency
- 7.3. Market Analysis, Insights and Forecast – By System
- 7.3.1. Airport Equipment
- 7.3.2. Remote Towers Modules
- 7.3.3. Network Solutions
- 7.4. Market Analysis, Insights and Forecast – By Application
- 7.4.1. Communication
- 7.4.2. Information & Control
- 7.4.3. Surveillance
- 7.4.4. Visualization
- 7.5. Market Analysis – By Country
- 7.5.1. The U.S.
- 7.5.1.1. Market Analysis, Insights and Forecast – By Operation
- 7.5.1.1.1. Single
- 7.5.1.1.2. Multiple
- 7.5.1.1.3. Contingency
- 7.5.2. Canada
- 7.5.2.1. Market Analysis, Insights and Forecast – By Operation
- 7.5.2.1.1. Single
- 7.5.2.1.2. Multiple
- 7.5.2.1.3. Contingency
- 8. Europe Remote Towers Market Analysis, Insights and Forecast, 2016-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Operation
- 8.2.1. Single
- 8.2.2. Multiple
- 8.2.3. Contingency
- 8.3. Market Analysis, Insights and Forecast – By System
- 8.3.1. Airport Equipment
- 8.3.2. Remote Towers Modules
- 8.3.3. Network Solutions
- 8.4. Market Analysis, Insights and Forecast – By Application
- 8.4.1. Communication
- 8.4.2. Information & Control
- 8.4.3. Surveillance
- 8.4.4. Visualization
- 8.5. Market Analysis – By Country
- 8.5.1. Germany
- 8.5.1.1. Market Analysis, Insights and Forecast – By Operation
- 8.5.1.1.1. Single
- 8.5.1.1.2. Multiple
- 8.5.1.1.3. Contingency
- 8.5.2. France
- 8.5.2.1. Market Analysis, Insights and Forecast – By Operation
- 8.5.2.1.1. Single
- 8.5.2.1.2. Multiple
- 8.5.2.1.3. Contingency
- 8.5.3. Russia
- 8.5.3.1. Market Analysis, Insights and Forecast – By Operation
- 8.5.3.1.1. Single
- 8.5.3.1.2. Multiple
- 8.5.3.1.3. Contingency
- 8.5.4. The U.K.
- 8.5.4.1. Market Analysis, Insights and Forecast – By Operation
- 8.5.4.1.1. Single
- 8.5.4.1.2. Multiple
- 8.5.4.1.3. Contingency
- 8.5.5. Rest of Europe
- 8.5.5.1. Market Analysis, Insights and Forecast – By Operation
- 8.5.5.1.1. Single
- 8.5.5.1.2. Multiple
- 8.5.5.1.3. Contingency
- 9. Asia pacific Remote Towers Market Analysis, Insights and Forecast, 2016-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Operation
- 9.2.1. Single
- 9.2.2. Multiple
- 9.2.3. Contingency
- 9.3. Market Analysis, Insights and Forecast – By System
- 9.3.1. Airport Equipment
- 9.3.2. Remote Towers Modules
- 9.3.3. Network Solutions
- 9.4. Market Analysis, Insights and Forecast – By Application
- 9.4.1. Communication
- 9.4.2. Information & Control
- 9.4.3. Surveillance
- 9.4.4. Visualization
- 9.5. Market Analysis – By Country
- 9.5.1. China
- 9.5.1.1. Market Analysis, Insights and Forecast – By Operation
- 9.5.1.1.1. Single
- 9.5.1.1.2. Multiple
- 9.5.1.1.3. Contingency
- 9.5.2. India
- 9.5.2.1. Market Analysis, Insights and Forecast – By Operation
- 9.5.2.1.1. Single
- 9.5.2.1.2. Multiple
- 9.5.2.1.3. Contingency
- 9.5.3. Australia
- 9.5.3.1. Market Analysis, Insights and Forecast – By Operation
- 9.5.3.1.1. Single
- 9.5.3.1.2. Multiple
- 9.5.3.1.3. Contingency
- 9.5.4. Japan
- 9.5.4.1. Market Analysis, Insights and Forecast – By Operation
- 9.5.4.1.1. Single
- 9.5.4.1.2. Multiple
- 9.5.4.1.3. Contingency
- 9.5.5. Rest of Asia-Pacific
- 9.5.5.1. Market Analysis, Insights and Forecast – By Operation
- 9.5.5.1.1. Single
- 9.5.5.1.2. Multiple
- 9.5.5.1.3. Contingency
- 10. Middle East Remote Towers Market Analysis, Insights and Forecast, 2016-2027
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast – By Operation
- 10.2.1. Single
- 10.2.2. Multiple
- 10.2.3. Contingency
- 10.3. Market Analysis, Insights and Forecast – By System
- 10.3.1. Airport Equipment
- 10.3.2. Remote Towers Modules
- 10.3.3. Network Solutions
- 10.4. Market Analysis, Insights and Forecast – By Application
- 10.4.1. Communication
- 10.4.2. Information & Control
- 10.4.3. Surveillance
- 10.4.4. Visualization
- 10.5. Market Analysis – By Country
- 10.5.1. Saudi Arabia
- 10.5.1.1. Market Analysis, Insights and Forecast – By Operation
- 10.5.1.1.1. Single
- 10.5.1.1.2. Multiple
- 10.5.1.1.3. Contingency
- 10.5.2. The UAE
- 10.5.2.1. Market Analysis, Insights and Forecast – By Operation
- 10.5.2.1.1. Single
- 10.5.2.1.2. Multiple
- 10.5.2.1.3. Contingency
- 10.5.3. Qatar
- 10.5.3.1. Market Analysis, Insights and Forecast – By Operation
- 10.5.3.1.1. Single
- 10.5.3.1.2. Multiple
- 10.5.3.1.3. Contingency
- 10.5.4. Rest of the Middle East
- 10.5.4.1. Market Analysis, Insights and Forecast – By Operation
- 10.5.4.1.1. Single
- 10.5.4.1.2. Multiple
- 10.5.4.1.3. Contingency
- 11. Rest of the world Remote Towers Market Analysis, Insights and Forecast, 2016-2027
- 11.1. Key Findings / Summary
- 11.2. Market Analysis, Insights and Forecast – By Operation
- 11.2.1. Single
- 11.2.2. Multiple
- 11.2.3. Contingency
- 11.3. Market Analysis, Insights and Forecast – By System
- 11.3.1. Airport Equipment
- 11.3.2. Remote Towers Modules
- 11.3.3. Network Solutions
- 11.4. Market Analysis, Insights and Forecast – By Application
- 11.4.1. Communication
- 11.4.2. Information & Control
- 11.4.3. Surveillance
- 11.4.4. Visualization
- 11.5. Market Analysis – By Region
- 11.5.1. Latin America
- 11.5.1.1. Market Analysis, Insights and Forecast – By Operation
- 11.5.1.1.1. Single
- 11.5.1.1.2. Multiple
- 11.5.1.1.3. Contingency
- 11.5.2. Africa
- 11.5.2.1. Market Analysis, Insights and Forecast – By Operation
- 11.5.2.1.1. Single
- 11.5.2.1.2. Multiple
- 11.5.2.1.3. Contingency
- 12. Competitive Analysis
- 12.1. Key Industry Developments
- 12.2. Global Market Share Analysis (2019)
- 12.3. Competition Dashboard
- 12.4. Comparative Analysis – Major Players
- 12.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 12.5.1. Frequentis Group (Austria)
- 12.5.1.1. Overview,
- 12.5.1.2. Products & services,
- 12.5.1.3. SWOT analysis,
- 12.5.1.4. Recent developments,
- 12.5.1.5. strategies,
- 12.5.1.6. financials (based on availability)
- 12.5.2. Saab Group (Sweden)
- 12.5.2.1. Overview,
- 12.5.2.2. Products & services,
- 12.5.2.3. SWOT analysis,
- 12.5.2.4. Recent developments,
- 12.5.2.5. strategies,
- 12.5.2.6. financials (based on availability)
- 12.5.3. Searidge Technologies (Canada) France)
- 12.5.3.1. Overview,
- 12.5.3.2. Products & services,
- 12.5.3.3. SWOT analysis,
- 12.5.3.4. Recent developments,
- 12.5.3.5. strategies,
- 12.5.3.6. financials (based on availability)
- 12.5.4. Indra Sistems (Spain)
- 12.5.4.1. Overview,
- 12.5.4.2. Products & services,
- 12.5.4.3. SWOT analysis,
- 12.5.4.4. Recent developments,
- 12.5.4.5. strategies,
- 12.5.4.6. financials (based on availability)
- 12.5.5. Avinor (Norway)
- 12.5.5.1. Overview,
- 12.5.5.2. Products & services,
- 12.5.5.3. SWOT analysis,
- 12.5.5.4. Recent developments,
- 12.5.5.5. strategies,
- 12.5.5.6. financials (based on availability)
- 12.5.6. Thales Group (U.S.)
- 12.5.6.1. Overview,
- 12.5.6.2. Products & services,
- 12.5.6.3. SWOT analysis,
- 12.5.6.4. Recent developments,
- 12.5.6.5. strategies,
- 12.5.6.6. financials (based on availability)
- 12.5.7. Harris Corporation (U.S.)
- 12.5.7.1. Overview,
- 12.5.7.2. Products & services,
- 12.5.7.3. SWOT analysis,
- 12.5.7.4. Recent developments,
- 12.5.7.5. strategies,
- 12.5.7.6. financials (based on availability)
- 12.5.8. Indra Navia AS (Norway)
- 12.5.8.1. Overview,
- 12.5.8.2. Products & services,
- 12.5.8.3. SWOT analysis,
- 12.5.8.4. Recent developments,
- 12.5.8.5. strategies,
- 12.5.8.6. financials (based on availability)
- 12.5.9. RayTheon Corporation (U.S.)
- 12.5.9.1. Overview,
- 12.5.9.2. Products & services,
- 12.5.9.3. SWOT analysis,
- 12.5.9.4. Recent developments,
- 12.5.9.5. strategies,
- 12.5.9.6. financials (based on availability)
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