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Remote Tower Trends and Forecast
The future of the global remote tower market looks promising with opportunities in the communication, information & control, and surveillance markets. The global remote tower market is expected to reach an estimated $1.01 billion by 2030 with a CAGR of 18.9% from 2024 to 2030. The major drivers for this market are increasing demand for air travel and rising support of government for the adoption of remote towers.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Remote Tower by Segment
The study includes a forecast for the global remote tower by type, system type, application, and region.
Remote Tower Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Single
• Multiple
• Contingency
Remote Tower Market by System Type [Shipment Analysis by Value from 2018 to 2030]:
• Airport Equipment
• Remote Tower Modules
• Solutions & Software
Remote Tower Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Communication
• Information & Control
• Surveillance
Remote Tower Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Remote Tower Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies remote tower companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the remote tower companies profiled in this report include-
• Saab
• Thales
• Frequentis
• Indra Sistemas
• L3Harris Technologies
Remote Tower Market Insights
Lucintel forecasts that multiple is expected to witness highest growth over the forecast period due to development for the multiple remote tower concept and an efficient remote tower centre.
Within this market, communication will remain the largest segment due to growing requirement for air traffic management.
Europe will remain the largest region over the forecast period due to growing adoption of advanced remote towers component, such as high resolution cameras, panaromic display and communication systems in UK and Sweden.
Features of the Global Remote Tower Market
Market Size Estimates: Remote tower market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Remote tower market size by type, system type, application, and region in terms of value ($B).
Regional Analysis: Remote tower market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, system types, applications, and regions for the remote tower market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the remote tower market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q.1 What is the remote tower market size?
Answer: The global remote tower market is expected to reach an estimated $1.01 billion by 2030.
Q.2 What is the growth forecast for remote tower market?
Answer: The global remote tower market is expected to grow with a CAGR of 18.9% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the remote tower market?
Answer: The major drivers for this market are increasing demand for air travel and rising support of government for the adoption of remote towers.
Q4. What are the major segments for remote tower market?
Answer: The future of the remote tower market looks promising with opportunities in the communication, information & control, and surveillance markets.
Q5. Who are the key remote tower market companies?
Answer: Some of the key remote tower companies are as follows:
• Saab
• Thales
• Frequentis
• Indra Sistemas
• L3Harris Technologies
Q6. Which remote tower market segment will be the largest in future?
Answer: Lucintel forecasts that multiple is expected to witness highest growth over the forecast period due to development for the multiple remote tower concept and an efficient remote tower centre.
Q7. In remote tower market, which region is expected to be the largest in next 5 years?
Answer: Europe will remain the largest region over the forecast period due to growing adoption of advanced remote towers component, such as high resolution cameras, panaromic display and communication systems in UK and Sweden.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the remote tower market by type (single, multiple, and contingency), system type (airport equipment, remote tower modules, and solutions & software), application (communication, information & control, and surveillance), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Remote Tower Market, Remote Tower Market Size, Remote Tower Market Growth, Remote Tower Market Analysis, Remote Tower Market Report, Remote Tower Market Share, Remote Tower Market Trends, Remote Tower Market Forecast, Remote Tower Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Remote Tower Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Remote Tower Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Remote Tower Market by Type
3.3.1: Single
3.3.2: Multiple
3.3.3: Contingency
3.4: Global Remote Tower Market by System Type
3.4.1: Airport Equipment
3.4.2: Remote Tower Modules
3.4.3: Solutions & Software
3.5: Global Remote Tower Market by Application
3.5.1: Communication
3.5.2: Information & Control
3.5.3: Surveillance
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Remote Tower Market by Region
4.2: North American Remote Tower Market
4.2.: North American Remote Tower Market by Application: Communication, Information & Control, and Surveillance
4.3: European Remote Tower Market
4.3.1: European Remote Tower Market by Type: Single, Multiple, and Contingency
4.3.2: European Remote Tower Market by Application: Communication, Information & Control, and Surveillance
4.4: APAC Remote Tower Market
4.4.1: APAC Remote Tower Market by Type: Single, Multiple, and Contingency
4.4.2: APAC Remote Tower Market by Application: Communication, Information & Control, and Surveillance
4.5: ROW Remote Tower Market
4.5.1: ROW Remote Tower Market by Type: Single, Multiple, and Contingency
4.5.2: ROW Remote Tower Market by Application: Communication, Information & Control, and Surveillance
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Remote Tower Market by Type
6.1.2: Growth Opportunities for the Global Remote Tower Market by System Type
6.1.3: Growth Opportunities for the Global Remote Tower Market by Application
6.1.4: Growth Opportunities for the Global Remote Tower Market by Region
6.2: Emerging Trends in the Global Remote Tower Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Remote Tower Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Remote Tower Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Saab
7.2: Thales
7.3: Frequentis
7.4: Indra Sistemas
7.5: L3Harris Technologies
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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