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The Remote Towers market is projected to grow from an estimated USD 63 million in 2019 to 392 million by 2025, at a CAGR of 35.53% during the forecast period. Increasing safety and efficiency, as well as increased cost savings, are expected to drive the growth of the market.<br>
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Remote Towers Market worth $392 million by 2025 With CAGR Of 35.53%
Scope of The Report Research report categorizes the Remote Towers Market based on Type, System Typ Research report categorizes the Remote Towers Market based on Type, System Typ e, Application & by region. e, Application & by region. By Type By System Type By Application Single Multiple Contingency Airport Equipment Remote Tower Modules Network Solutions Communication Information & Control Flight Data Handling Surveillance Visualization • • • • • • • • • • • And More…
Recent Developments In March 2019, a Brazilian air navigation service provider selected Frequentis to provide Remot e-control tower visualization system (SVR-TWR) for the Santa Cruz Airfield in Brazil. Under this contract, the company will provide smartVision system, which will be installed with high resoluti on 360° panorama view and high-performance Pan-Tilt-Zoom (PTZ) cameras along with an inte grated light gun. In March 2019, Raytheon signed an agreement with Frequentis to upgrade the airport operation s of the US. Under this contract, the civil airport operations of the US will be upgraded with the help of remote virtual tower technology. In November 2018, Saab AB and LFV, a Swedish air navigation service provider, jointly develop ed a next-gen system for remote control centers. The new Saab Digital Air Traffic Solutions (SD ATS) will take over air traffic management from the LFV for Örnsköldsvik and Sundsvall-Timra a irport in Sweden. • • •
Key Segments The Remote Towers market is projected to grow from an estimated USD 63 million in 2019 to 392 million by 2025, at a CAGR of 35.53% during the forecast period. 1 2 Increasing safety and efficiency, as well as increased cost savings, are expected to drive the growth of the market. 3 Browse 65 market data Tables and 34 Figures spread through 132 P ages and in-depth TOC on "Remote Towers Market - Global Forecas t to 2025" APAC is expected to be the fastest-growing market during the forecast perio d. This growth is attributed to the upcoming new regional airports in countrie s such as China and India. 4 5 Remote towers are also known as remote virtual towers or digital towers and en able multiple airports to be controlled by a single tower at a remote location. On e air traffic controller controlling multiple airports leads to reduced operational co sts.
Remote Towers Market Growth Rate 2025 2019 CAGR of 35.53% Market Size of $63 Million Market Size of $392 Million Key Question Covered What will be the impact of regulations on the remote tower s market? How are the changing demands of customers impacting th e competitive landscape? What will impact the leading market players’ wallet share i n the next five years? What is helping the top players in the market to sustain an d grow their market share? • • • •
Key Vendors Vendors Frequentis (Austria) Saab AB (Sweden) Searidge Technologies (Canada) Indra Sistemas (Spain) Avinor (Norway) Thales Group (France) • • • • • • View Report Here - https://www.marketsandmarkets.com/Market-Reports/remote-tow ers-market-202956087.html
Top Region.. North America • Europe • Asia Pacific • ROW • View Report Here - https://www.marketsandmarkets.com/Market-Reports/remote-towers-market-20295 6087.html
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