Remote Towers Market Size & Trends
The global remote towers market size was estimated at USD 273.2 million in 2023 and is expected to grow at a CAGR of 23.9% from 2024 to 2030. Increasing air traffic congestion, coupled with the need for cost-efficiency and operational efficiency, has made remote tower solutions an attractive option for airports worldwide. In addition, the ongoing initiatives for infrastructure modernization and digital transformation have created opportunities for remote tower deployment, driving market growth. Besides, favorable regulatory scenarios and the potential for cost savings through centralized air traffic management further drive the market expansion.
Technological advancements, including high-resolution cameras, advanced sensor technologies, immersive technologies, video analytics, artificial intelligence, and machine learning, further propel the market's growth. Combining data from multiple sensors, such as cameras, radar, and lidar, provides a comprehensive picture of the airspace, which is crucial for air traffic management. The rising demand for AI and ML to analyze sensor data to automate routine tasks, improve decision-making, and enhance situational awareness positively impacts the market.
The increasing focus on airport infrastructure development across various countries further drives market growth. For instance, in October 2023, a next-generation hybrid digital control tower working position was implemented at the Farnborough Airport, UK, as a part of a new project by Searidge Technologies and NATS, the air traffic service provider. This digital capability enabled the airport’s controllers to effectively manage aircraft by direct visual reference from the control tower window and through interactive panoramic displays of vital parts of the airfield. Such initiatives are expected to stimulate market growth over the coming years.
Global Remote Towers Market Report Segmentation
This report forecasts and estimates revenue growth at the global, regional, and country levels along with analyzes the latest market trends and opportunities in each one of the sub-segments from 2018 to 2030. For this study, Grand View Research has further segmented the global remote towers market report based on operation, system, application, and region:- Operation Outlook (Revenue, USD Million, 2018 - 2030¬)
- Single
- Multiple
- Contingency
- System Outlook (Revenue, USD Million, 2018 - 2030)
- Airport Equipment
- Remote Tower Module
- Network Solution
- Others
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Communication
- Information & Control
- Flight Data Handling
- Surveillance
- Visualization
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Asia Pacific
- Japan
- China
- India
- South Korea
- Australia
- Latin America
- Brazil
- Middle East and Africa (MEA)
- UAE
- Saudi Arabia
- South Africa
Why should you buy this report?
- Comprehensive Market Analysis: Gain detailed insights into the global market across major regions and segments.
- Competitive Landscape: Explore the market presence of key players worldwide.
- Future Trends: Discover the pivotal trends and drivers shaping the future of the global market.
- Actionable Recommendations: Utilize insights to uncover new revenue streams and guide strategic business decisions.
This report addresses:
- Market intelligence to enable effective decision-making
- Market estimates and forecasts from 2018 to 2030
- Growth opportunities and trend analyses
- Segment and regional revenue forecasts for market assessment
- Competition strategy and market share analysis
- Product innovation listing for you to stay ahead of the curve
- COVID-19's impact and how to sustain in these fast-evolving markets
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Table of Contents
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Remote Towers Market - Industry Outlook
Chapter 4. Remote Towers Market: Operation Estimates & Trend Analysis
Chapter 5. Remote Towers Market: System Estimates & Trend Analysis
Chapter 6. Remote Towers Market: Application Estimates & Trend Analysis
Chapter 7. Regional Estimates & Trend Analysis
Chapter 8. Remote Towers Market - Competitive Landscape
List of Tables
List of Figures
Companies Mentioned
- Thales Group
- L3Harris Technologies, Inc.
- Saab AB
- Frequentis AG
- Indra Sistemas S.A.
- RTX Corporation
- Northrop Grumman
- Searidge Technologies
- Kongsberg Gruppen ASA
- Leidos, Inc.
- Rohde & Schwarz GmbH & Co. KG
- DFS Deutsche Flugsicherung GmbH
- Insero Air Traffic Solutions A/S
- Skysoft-ATM
- Avinor AS
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 150 |
| Published | August 2024 |
| Forecast Period | 2023 - 2030 |
| Estimated Market Value ( USD | $ 273.2 Million |
| Forecasted Market Value ( USD | $ 1200 Million |
| Compound Annual Growth Rate | 23.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 15 |
