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VHF Air-Ground Communication Stations Market Recent Trends, In-depth Analysis, Market Size Research Report Forecast up to 2031
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Aggressive initiatives by federal organizations such as FAA and Euro control to standardize protocol and establish globally accepted policies to support global growth. As of June 2022, 45,000 flights were handled by FAA per day, with 520 airport traffic control towers, 147 terminal radar approach control facilities, and more than 14,000 air traffic controllers.
According to a new report published by Allied Market Research, titled, "VHF Air-Ground Communication Stations Market," The vhf air-ground communication stations market was valued at $1.1 billion in 2021, and is estimated to reach $2.2 billion by 2031, growing at a CAGR of 7.2% from 2022 to 2031.
Asia-Pacific dominated the VHF air ground communication station market in terms of growth, followed by North America, Europe, and LAMEA. The U.S. dominated the market share in 2021.
Industry leaders within the aviation industry are anticipated to be investing heavily in research and development to achieve carbon neutrality. Inclination of regional agencies such as IATA to achieve zero carbon emission by 2050 is enforcing business players to introduce more optimized solutions. In line with such initiatives, companies are developing comprehensive communication stations and adoption global standards, allowing them to operate more effectively at global level and notably reduce aircraft taxing and turn-around time.
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To fulfill the changing demand scenarios, market participants are concentrating on product launches to offer a diverse range of products and meet new business opportunities. In addition, market participants are continuously focusing on contracts and partnership efforts to match changing end-user requirements and improve the growth of the VHF air ground communication station market.
The VHF air ground communication station market is segmented on the basis of airport class, type, application, airport category, and region. By airport class, it is divided into class A, class B, class C, and class D airport. On the basis of type, the market is fragmented by fixed and portable. Based on application, it is segregated into commercial and military. By airport category, the market is divided into commercial service airports, cargo service airports, reliever airports, and general aviation airports. By region, the market is categorized by North America, Europe, Asia-Pacific, and LAMEA.
The success of individual stakeholders is anticipated to determine the direction of aviation industry in the future. All agents, from air traffic control, air ground communication network, landing, taxing and takeoff operation, followed by effective turnaround time is to be placed into a unified platform, enabling real-time analysis to assist decision-making. By connecting processes and systems across the airport, total airport management (TAM) promotes data-driven decision making, comprehensive KPI management, and the integration of operations. TAM includes performance-based airport operations that permit the development, adoption, and upkeep of the Airport Operational Plan (AOP) on the basis of performance. This ensures fairness and the resolution of potential conflicts of interest between stakeholders and makes sure that everyone is putting forth their best effort in the direction of a common objective.
Factors such as increase in investment to support brown filed and green field airport operations, rise in passenger traffic across the globe, and adoption of new technologies supporting automation and division of VHF frequencies into several sub channels, allowing communication station to cater to more air traffic. The COVID-19 is having a notable impact on the market and have shifted the business dynamics within the forecast timeframe. The regulatory framework will also play a major role in defining business opportunities within the VHF air ground communication station market. Operation on VHF frequencies without license of operations is illegal across several nations. Also, division of VHF frequencies into several airbands is also regulated by global and regional bodies. Such regulations directly impact business opportunities within the market.
The key players operating in the VHF air ground communication station market are the key players operating in the market are Raytheon Technologies Corporation, Viasat, Inc., Becker Avionics, Inc., Rohde & Schwarz, Thales, Honeywell International Inc., Northrop Grumman Corporation, Jotron, MORCOM International, Inc., AEROTHAI Business, Systems Interface Limited, Leonardo S.p.A., Teledyne Technologies Incorporated, IACIT, CommSystems Ltd, and Elbit Systems.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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