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Asia-Pacific Flight Tracking System: Market Research Report And Industry Insight 2017-22
Market Research Hub
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Flight Tracking System Market: Drivers and Challenges
Globally, the demand for various flight safety and tracking system is growing, especially after a few mishaps. The integration of flight tracking system with the aircraft is fuelling the growth for the global flight tracking system market. International civil aviation organization (ICAO) has recommended to integrate the flight tracking system in the aircraft, due to which, in future, airlines are expected to integrate the flight tracking system in their aircrafts.
Though, the importance of the flight tracking system is on the rise in developed economies, the system has low awareness among Asia Pacific countries. There are no stringent regulations pertaining to the integration of flight tracking system, which is inhibiting the growth of global flight tracking system market.
Flight Tracking System Market: Overview
The global flight tracking system market by value is expected to expand at a CAGR of around 7-9% during the forecast period (2015-2025), due to increasing demand for flight safety systems.
Flight Tracking System Market: Segmentation
The global flight tracking system market can be segmented by aircraft type and by regions
Based on aircraft type, the global flight tracking system market is segmented as:
Passenger Flight
Cargo Aircraft
Defence Aircraft
Helicopter
Others
Flight Tracking System Market: Region-wise Outlook
The global flight tracking system market is expectedto register a single-digit CAGR for the forecast period. Depending on geographic regions, global flight tracking system market is segmentedinto seven key regions: North America, South America, Eastern Europe, Western Europe, Asia-Pacific, Japan, and Middle East & Africa. In terms of market revenue, North America flight tracking system market is projectedto register a significant CAGR during the forecast period. Growing awareness about flight tracking system, increasing investments by airline companies in aircraft safety, are some of the factors which are fuelling the growth of flight tracking system market in North America. Western Europe and Asia Pacific are also forecast to register a significant growth in the global flight tracking system market.
Browse Full Report With TOC: http://www.marketresearchhub.com/report/asia-pacific-flight-tracking-system-market-report-2017-report.html
Geographically, this report split Asia-Pacific into several key Regions, with sales (volume), revenue (value), market share and growth rate of Flight Tracking System for these regions, from 2012 to 2022 (forecast), including
China
Japan
South Korea
Taiwan
India
Southeast Asia
Australia
Asia-Pacific Flight Tracking System market competition by top manufacturers/players, with Flight Tracking System sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including
SkyTrac Systems Ltd
FlightStats
Spidertracks
Blue Sky Network
FLYHT
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