Remote Towers Market by Operation Type, System Type (Airport Equipment, Remote Tower Modules, Network Solutions), Application, and Region - Global Forecast to 2025

1
Remote Towers Market by Operation Type, System
Type (Airport Equipment, Remote Tower Modules,
Network Solutions), Application, and Region -
Global Forecast to 2025 The "Remote Towers Market
by Operation Type (Single, Multiple,
Type Remote Network
Contingency), System
Equipment, Modules,
(Airport Tower Solutions),
Application Information
(Communication,
Control, Surveillance), and Region - Global Foreca
st to 2025", published by MarketsandMarkets Remo
te Towers Market is projected to grow from an
estimated USD 63 million in 2019 to 392 million
by 2025, at a CAGR of 35.53 during the forecast
period. Increasing cost savings, efficiency, and
safety, as well as the increasing number of
airports, are expected to drive the growth of
the market. Browse 65 market data Tables and 34
Figures spread through 132 Pages and in-depth
TOC on "Remote Towers Market - Global Forecast
to 2025" View detailed Table of Content here -
https//www.marketsandmarkets.com/Market-Reports/r
emote-towers- market-202956087.html Based on
operation type, the contingency segment is
projected to grow at the highest CAGR from 2019
to 2025. The growth of this segment can be
attributed to the high demand for remote towers
due to increasing air traffic at tier 1 airports.
Londons Heathrow Airport has a contingency
remote tower which can control 70 of air traffic
in case of emergency or very heavy traffic flow.
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Based on system type, the airport equipment
segment is projected to grow at the highest CAGR
from 2019 to 2025. The growth of this segment can
be attributed to the increased need for
sophisticated airport equipment for high quality
input data transfer to remote towers, as the
transfer of error-free data and voice
communication to a remote tower is crucial for
the functioning of remote virtual towers. Know
what Impacts Your Revenues with Exclusive,
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_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id20 2956087 APAC is expected to be the
fastest-growing remote towers market during the
forecast period. APAC is expected to be the
fastest-growing market during the forecast
period. This growth is attributed to the upcoming
new regional airports in countries such as China
and India. Increasing air traffic is also
expected to drive the growth of the remote
towers for contingency operations in the region.
Saab and the Airports Authority of India (AAI)
signed a Memorandum of Understanding (MoU) in
January 2019 to conduct research on air traffic
management automation systems for airports under
the UDAN Regional Connectivity Scheme for India.
Additionally, India plans to review for 50 new
regional airports in the next two years.
Similarly, Chinas LES Information Technology is
developing a remote tower technology. The country
has planned for 200 new airports by 2035. Major
players operating in the remote towers market
include Frequentis (Austria), Saab AB (Sweden),
Searidge Technologies (Canada), Indra Sistemas
(Spain), Avinor (Norway), and Thales Group
(France), among others. These players offer
various remote tower solutions covering both,
hardware components as well as software services,
as well as the integrators of these solutions.
These companies have well-equipped manufacturing
facilities and strong distribution networks
across North America, Europe, and Asia
Pacific. Dont miss out on business opportunities
in Remote Towers Market. Speak to our analyst
and gain crucial industry insights that will help
your business grow.