Press release
Remote Towers Market Report 2023-2032: Market Size, Top Major Players, Trends Forecast
Remote Towers Market
The Business Research Company's Remote Towers Global Market Report 2023 identifies increasing number of passengers flying as the major driver for the Remote Towers market's growth in the forecast period. Flying passenger traffic refers to the transportation of passengers by both aircraft and positioning flights. Remote towers give controllers a clearer and more thorough view of the airport and nearby airspace thanks to modern camera and sensor technology.
The global remote towers market size is expected to grow from $0.17 billion in 2022 to $0.22 billion in 2023 at a compound annual growth rate (CAGR) of 24%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global remote towers market size is expected to reach $0.56 billion in 2027 at a CAGR of 26.8%.
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Major competitors in the Remote Towers market are Frequentis Group, Indra Sistemas S.A., Thales Group, Saab, L3Harris Technologies Inc., Raytheon Technologies Corporation, Leonardo S.p.A.
A key trend in the Remote Towers market includes technological advancements. Companies operating in the remote towers market are adopting new technologies to sustain their position in the market. For instance, in February 2020, Indra, a Spain-based defense electronic equipment, simulation, and automatic test equipment and information technologies company, launched artificial intelligence based digital remote-tower technology. It uses digital technologies; a remote or digital tower control gives operators a view of the airfield and its surroundings. It is the first system in the world to include artificial intelligence features that allow for the automatic execution of crucial air control procedures. It uses deep learning to increase take-off and touchdown maneuver efficiency and safety.
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https://www.thebusinessresearchcompany.com/report/remote-towers-global-market-report
The Remote Towers market is segmented -
• By Operation Type: Single, Multiple, Contingency
• By System Type: Airport Equipment, Remote Tower Module, Network Solution
• By Application: Communication, Information And Control, Flight Data Handling, Surveillance, Visualization
• By End User: Military Airport, Commercial Airport
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Remote Towers market.
The Business Research Company's "Global Remote Towers Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Remote Towers Market Include:
1. Executive Summary
2. Remote Towers Market Characteristics
3. Remote Towers Market Trends And Strategies
4. Remote Towers Market - Macro Economic Scenario
5. Remote Towers Market Size And Growth
………………………………………………………
26. Africa Remote Towers Market
27. Remote Towers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Remote Towers Market
29. Remote Towers Market Future Outlook and Potential Analysis
30. Appendix
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