Flight Tracking System Market Analysis | Coherent Market Insights

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2. FLIGHT TRACKING SYSTEM MARKET ANALYSIS(2020-2027) • ADS-B is a surveillance technology that allows the air traffic control and pilot to track aircrafts with more accuracy. The technology is used as a substitute to radar-based tracking systems. ADS-B system is dependent upon Global Navigation Satellite systems, in order to ascertain the position of an aircraft. The position data is thereafter combined with other information such as speed, type, altitude, and flight number. This is then converted into a digital message and is broadcasted to receiver through the transponder equipped in aircrafts. Furthermore, Future Air Navigation System (FANS) uses digital communication and navigation system to decrease the separation between aircrafts that allows safer use of the most efficient route possible.

3. s • FANS allows ATC to track and route aircraft safely and effectively, which can lead to possibility of accommodating more aircrafts in the available air space. • Theglobal flight tracking system market is estimated to account for US$ 410.6 Mn in terms of value by the end of 2019

4. Market Dynamics- Driver 1. Growing safety concerns of passengers and crew numbers is expected to drive growth of the global flight tracking system market during the forecast period • In flight tracking systems, the four dimensional position of the aircraft is recorder at standard intervals, which helps to assist the airline companies and ATC units to get updated with position of the aircrafts on flight. For airline companies, the safety of passengers and crew members is of upmost importance, especially when the aircraft is going over region that is out of radar’s coverage. Such regions require additional equipment in aircraft to receive an update report of the position of aircraft. This, in turn, is expected to boost the demand for flight tracking system. Moreover, increasing number of incidents of aircraft missing without leaving any track is expected to drive the market growth in the near future. For instance, on March 8, 2014, MH370 aircraft from Malaysia Airlines with 239 passengers and crew members went missing from radar coverage shortly after taking take off from Kuala Lumpur.

5. 2. Constant push from ICAO for adoption of real-time flight tracking practices for long-haul commercial aircrafts is expected to propel the global flight tracking system market growth over the forecast period • After the missing Malaysian airline flight, several safety organizations, pilot groups, air navigation service provider (ANSP), civil aviation authorities, and airframe & equipment manufacturers came together to work towards the improvement of flight tracking capabilities. For instance, in November 2015, International Civil Aviation Organization (ICAO) council adopted                 Amendment 39 to Annex 6, Operation of Aircraft, Part I, International Commercial Air Transport –aero planes, which included normal aircraft tracking Standards and Recommended Practices (SARPs). Furthermore, these SARPs were proclaimed on March 20, 2016 and came into effect on November 8, 2018. Thus, regulatory organizations promoting inclusion real-time flight tracking for commercial aircrafts is expected fuel the market growth over the forecast period. • North America region dominated the global flight tracking system market in 2018, accounting for 47.1% share in terms of value, followed by Europe and Latin America, respectively

6. s Source: Coherent Market Insights

7. Market Dynamics- Restraints 1. High charges associated with communication for receiving updates is expected to restrain growth of the global flight tracking system market over the forecast period • The installation charges for flight tracking system is a one-time investment and less expensive than the cost of the aircraft. However, charges concerned with position data are unaffordable, which is the major challenge for airline companies, since these companies own a fleet of around 200 airplanes. Moreover, only few companies are now offering low cost portable & dedicated flight tracking systems though these systems do not meet the required standards set by aviation regulatory organizations. Thus, such systems cannot be deployed to meet the demands of airline companies. For instance, data transmission cost for ACAR using satellite using communication ranges from US$ 500 for a short-haul aircraft using VHF radio systems.

8. 2. Technical issues involved in these systems is expected to hinder the global flight tracking system market growth during the forecast period • Technical challenges such as surveillance limitation in oceanic airspace, retrieval of position data, and provision of real- time updates are expected to hinder the adoption of flight tracking system in the near future and thereby restrain the market growth.

9. Market Opportunities 1. Rebate programs introduced by regulatory authorities for adoption of next-gen communication equipment is expected to pose lucrative growth opportunities for market players • Airline regulatory authorities are offer rebate primarily to owners of inexpensive aircrafts to get equipped with necessary avionics equipment. This is done in order to improve airspace surveillance and traffic requirement standards. Such rebate programs are expected to encourage airline owners to adopt their aircraft with standard avionics, which is expected to pose significant growth opportunities for market players over the forecast period. For instance, in September 2016, FAA introduced a US$ 500 rebate program for aircraft owners in a controlled airspace. The program is expected to run for year until all 20,000 rebates have been claimed.

10. 2. Unavailability of tamper-proof solutions is expected to create conducive growth opportunities for market players • Although there have been several technological advancements, no technology has been able to fully comply with ATTF tracking standards. This is owing to unavailability of tamper-proof solution that can pose significant growth opportunities in flight tracking system manufacturing. For instance, according flight tracking system manufacturers, neither FANS nor ACAR systems provide tamper-proof solution, which means that any aircraft can disable aircraft transponder and system. Such situations can make transponder incapable of sharing aircraft position data. This, in turn, is expected offer significant growth opportunities for market players in the near future.

11. Source: Coherent Market Insights

12. Segment Information: Global flight tracking system market was valued US$ 410.6 Mn in 2018 and is forecast to reach a value of US$ 645.5 Mn by 2027 at a CAGR of 5.5% between 2019 and 2027. In global flight tracking system market, by system type segment ADS-B sub-segment dominated the global flight tracking system market in 2018, accounting for 76.3% share in terms of value, followed by other sub-segments.

13. Source: Coherent Market Insights

14. 2. Emergence of 3D printed parts in aircraft interiors is another major trend • 3D printing technique has been incorporated widely in different industries as it is easy to produce and carries less weight. The lighter material from 3D printing results in less jet fuel consumption and eventually reducing air pollution. Moreover, it allows airlines to design more complex parts according to the demand and manufacturing of discontinued parts. For instance, in June 2016, Airbus introduced world first 3D printed aircraft. In January 2017, Abu Dhabi’s Strata partnered with Siemens and Etihad Airways to develop the MENA first 3D printed aircraft interior parts.

15. Market Trends 1. Tactical partnership among leading aircraft communication system providers and data service companies is a major trend in the market • Key aircraft communication systems providers in the market are focused on enhance their consumer base by offering real-time flight tracking data to the airline operators. Advanced solutions developed by communication providers employ position data from multiple sources namely FANS, ACAR, and ADS-B system equipped in aircraft to determine the exact position of the aircraft. For instance, in November 2016, SITAONAIR partnered with Aireon LLC and FlightAware, in order to provide space-based flight tracking service to commercial airlines.

16. 2 .Paradigm shift from radar to satellite systems is another major trend in the market • Airline industry has been relying of shortwave, radar, and high frequency radio technology for so many years for aircraft tracking. However, these technologies have significant limitations and are expected to become obsolete in the near future. For instance, aircraft showing over radar chart fades once an aircraft crosses over 150 miles from the ground station when flying in transoceanic airspace. In May 2010, Federal Aviation Administration (FAA) published its rule mandating that by 2020 aircraft owners will be required to have ADS-B out capabilities when operating in airspace classes A, B and C, and class E at certain altitudes.

17. Regulations • On 10 November 2015, the ICAO Council adopted Amendment 39 to Annex 6 — Operation of Aircraft, Part I — International Commercial Air Transport — Aero planes which included the normal aircraft tracking Standards and Recommended Practices (SARPs). These SARPs became effective on 20 March 2016 and will be applicable from 8 November 2018. Amendment 39 was issued in April 2016.

18. Value Chain Analysis

19. Competitive Section • Key companies operating in the global flight tracking system market are Aireon LLC, Spider Tracks Limited, BLUE SKY NETWORK, SKY TRAC SYSTEMS LTD, FLYHT Aerospace Solutions Ltd., Rockwell Collins, Garmin International Inc., and Honeywell International Inc.

20. Key Developments • In November of 2016, Aireon LLC entered into a Memorandum of Agreement with Deutsche Flugsicherang GmbH (DFS), Germany’s Air Navigation Service Provider (ANSP), in order to assess cost benefits, safety, and efficiency of ADS-B in their airspace. • In March 2016, Blue Sky Network introduced SkyRouter3 powered by Iridium satellite’s global coverage.

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