Air Traffic Smart Tower Solutions Market Projected to Experience Major Revenue Boost During the Period Between 2018-2026


Posted September 27, 2019 by ankush321

Fact.MR has announced the addition of the “Air Traffic Smart Tower Solutions Market Forecast, Trend Analysis & Competition Tracking - Global Market Insights 2018 to 2026" report to their offering.

 
Air Traffic Smart Tower Solutions Market: Introduction

Nowadays, people are resorting to using airlines to reduce their travel time and increase comfortability. Air traffic is increasing year by year due to the existence of multiple airline companies around the world. Air traffic smart tower solutions are used for voice transmission and reception between two or more aircraft, or between aircraft and traffic management towers. The shift of air traffic smart tower solutions from ground-based navigation surveillance to satellite-based navigation surveillance has created a positive impact on the growth of the air traffic smart tower solutions market. Most vendors in the air traffic smart tower solutions market are adopting several enhanced technologies like VHF radio systems, air traffic management through 4D trajectory, and wireless communication technologies. Air traffic smart tower solutions are being adopted on a large scale, with large- to medium-sized enterprises operating in the field. These established companies of air traffic smart tower solutions invest significant amounts in their research and development wings in order to develop and manufacture technologically advanced air traffic smart tower solutions for smart airports.

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An air traffic smart tower solution provides interaction opportunity to the pilot and the ground station controller, and also between two different pilots. Modernization in air traffic smart tower solutions is also adopted by many organizations.

Air Traffic Smart Tower Solutions Market: Drivers and Challenges

Drivers

As technology is transforming in smarter ways, connected devices in the air traffic smart tower solutions market are playing an important role by providing centralized access to multiple electronic devices. The primary factor which is driving the air traffic smart tower solutions market is the growing demand for efficient logistics and travelling throughout the world. The growth of the air traffic smart tower solutions market is being boosted due to the rise in the number of travellers through airlines, and also due to the acceptance of smart city projects. Defence organisations in different nations are also using air traffic smart tower solutions for advanced security and other purposes. These are the primary factors which are increasing the growth of the air traffic smart tower solutions market throughout the world.

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Challenges

Air traffic smart tower solutions are adopted by many organizations to keep track of any aircraft. But there are some challenges which are being faced by these users. High initial investment and elongated approval periods are the major challenges faced by most of the vendors in the aircraft communication systems space. These are the primary factors which are hindering the growth of the air traffic smart tower solutions market.

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Air Traffic Smart Tower Solutions Market: Segmentation

The air traffic smart tower solutions market can be segmented into component, application, and region.

Segmentation of the air traffic smart tower solutions market by component:

Software Platforms
Support Services
Segmentation of the air traffic smart tower solutions market by application:

Communication & Navigation Management
Aerodrome Operations Management
Surveillance
Others
Air Traffic Smart Tower Solutions Market: Competition Landscape 

The names of the companies covered in the air traffic smart tower solutions market are FREQUENTIS AG, Thales Group, Indra Sistemas, Lockheed Martin, Harris Corporation, Presagis, M3 Systems, Saab, Croatia Control, Avitech Gmbh, and others. 

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Issued By FactMR
Country India
Categories Business
Last Updated September 27, 2019