Flight Tracking Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)

Flight tracking market is anticipated to grow at a moderate CAGR during the forecast period. The major factor for the growth of the market is the increasing number of aircraft in recent years globally and the increasing focus on flight safety and monitoring of aircraft. These factors will fuel the growth of the market during the forecast period.

The flight-tracking system uses software for various applications such as tracking the aircraft, flights and airport activities. This software is available for commercial as well as private flights where it can track and monitor the flight, in case the flight deviates from its path and correction is necessary. One of the major factors for the growth of the market is the increasing number of middle-class air passengers.

According to the report by Boeing, in 2021, India alone would need 2,200 jet planes to meet the need of growing passengers. With increasing disposable income and business activity, the market is expected to grow significantly during the forecast period. Some of the key players in the global flight tracking market include Airbus SAS, ACR Electronics, Inc., Aireon, Garmin Ltd., Honeywell International, Inc., IBM Corporation, and many others.

To Request a Sample of our Report on Flight Tracking Market: https://www.omrglobal.com/request-sample/flight-tracking-market

Market Coverage

· The market number available for - 2022-2030

· Base year- 2022

· Forecast period- 2023-2030

Segment Covered-

· By Type

· By Aircraft Type

· By End-User

Regions Covered

· North America

· Europe

· Asia-Pacific

· Rest of the World

· Competitive Landscape - Airbus SAS, ACR Electronics, Inc., Aireon, Garmin Ltd., Honeywell International, Inc., IBM Corp.

Flight Tracking System Market by Segments

By Type

· ADS-B

· ACARS

· FANS

By Aircraft Type

· Fixed-Wing

· Rotary-Wing

By End-User

· Commercial

· Government

· Military

A full Report of Flight Tracking Market is Available @ https://www.omrglobal.com/industry-reports/flight-tracking-market

Flight Tracking System Market by Region

North America

· United States

· Canada

Europe

· UK

· Germany

· Spain

· France

· Italy

· Rest of Europe

Asia-Pacific

· India

· China

· Japan

· South Korea

· Rest of APAC

Rest of the World

Reasons to buy from us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.

2. More than 120 countries are for analysis.

3. Over 100+ paid data sources mined for investigation.

4. Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/flight-tracking-market

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no: +91 7803040404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.