Market Overview:
The global flight tracking system market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for air travel, rising number of accidents and incidents, and the need for real-time aircraft tracking. By type, the ADS-B segment is expected to lead the global flight tracking system market during the forecast period. This can be attributed to factors such as low installation and maintenance costs, high accuracy levels, and growing demand for NextGen airspace modernization initiatives across various regions.
Product Definition:
A Flight Tracking System is a computer system used to track the location of an aircraft. The system uses information from a number of sources, including air traffic control systems, radar, and the aircraft's own navigation systems. This information is used to create a map or display of the aircraft's current position and movement. Flight tracking systems are important for safety and efficiency purposes. They allow air traffic controllers to keep track of all aircraft in their area and make sure they are safely separated by distance or altitude. Flight tracking systems also help pilots avoid bad weather conditions and other hazards in the sky.
ADS-B:
ADSB, or Automatic Dependent Surveillance-B is a radio frequency used in aircraft for two way communication between the flight crew and air traffic control. It provides real-time information about the position of the aircraft with great accuracy along with its direction and speed. The system also helps to receive timely updates regarding weather conditions at airports along with visibility range of clouds below and above the altitude of the flight.
FANS:
The global FlightAware Inc. Network (FANS) is a real-time, network-based, aircraft tracking system that provides information on the location of flights and airlines across the globe. It also provides information on delays and gate changes for these flights. The FANS technology has been deployed by numerous airports worldwide to improve their operational efficiency and customer experience by providing better access to flight data while improving response times in case of emergencies or incidents involving aircraft.
Application Insights:
The general aviation segment held the largest share of over 50.0% in 2017. General aviation includes small propeller aircraft, single-engine land and seaplanes as well as helicopters. The flight tracking system is essential for pilots to monitor and analyze various factors including fuel consumption, speed, range etc while flying a particular route or on a trip. These systems provide real-time information to pilots about the location of other aircraft in relation with their current position thereby providing enhanced safety during flight operations.
Civil aviation application segment is anticipated to witness significant growth over the forecast period owing to increasing number of air travelers worldwide particularly across emerging markets such as China and India due to growing middle-class population with higher disposable income levels which enables them travel extensively both within country.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The growth can be attributed to the presence of key players, such as Garmin Ltd., and implementation of new technologies. Europe is expected to witness significant growth over the forecast period owing to increasing adoption by airlines for enhanced safety and efficiency. Asia Pacific is projected to grow at a lucrative CAGR over the forecast period due to rising demand from countries such as China, India, Japan, South Korea and Australia for enhancing aviation safety standards across all modes including general aviation aircraft. Moreover, growing air traffic congestion has compelled governments across various countries including India and China implement mandatory flight tracking systems with certain levels of compliance set by International Civil Aviation Organization (ICAO). These government regulations are further anticipated drive regional market growth over next eight years.
Growth Factors:
- Increasing demand for air travel: The global air passenger traffic is expected to grow at a CAGR of 5.4% from 2016 to 2036, according to the International Air Transport Association (IATA). This will result in an increase in the demand for flight tracking systems.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) is another major driver for the flight tracking system market. LCCs are increasingly becoming popular due to their affordable fares and convenience offered to passengers. As a result, the number of LCC passengers is projected to grow at a CAGR of 6% from 2016 to 2021, according to MarketsandMarkets research firm. This will create more demand for flight tracking systems and services across the globe.
- ICAO issued new requirements mandating airlines operating international flights must track their aircraft every 15 minutes during departure and arrival phases . These regulatory mandates are likely to drive adoption rates for flight tracking systems among airlines globally in coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Flight Tracking System Market Research Report
By Type
ADS-B, FANS, PFTS
By Application
General Aviation, Civil Aviation, Military Aircraft
By Companies
Honeywell International Inc, Rockwell Collins, Inc, Garmin International Inc, FLYHT Aerospace Solutions Ltd, SKY TRAC SYSTEMS LTD, Spider Tracks Limited, BLUE SKY NETWORK, Aireon LLC, Honeywell International Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
124
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Flight Tracking System Market Report Segments:
The global Flight Tracking System market is segmented on the basis of:
Types
ADS-B, FANS, PFTS
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
General Aviation, Civil Aviation, Military Aircraft
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Honeywell International Inc
- Rockwell Collins, Inc
- Garmin International Inc
- FLYHT Aerospace Solutions Ltd
- SKY TRAC SYSTEMS LTD
- Spider Tracks Limited
- BLUE SKY NETWORK
- Aireon LLC
- Honeywell International Inc
Highlights of The Flight Tracking System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- ADS-B
- FANS
- PFTS
- By Application:
- General Aviation
- Civil Aviation
- Military Aircraft
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flight Tracking System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A flight tracking system is a technology that helps pilots and air traffic controllers keep track of the location and movements of aircraft.
Some of the major companies in the flight tracking system market are Honeywell International Inc, Rockwell Collins, Inc, Garmin International Inc, FLYHT Aerospace Solutions Ltd, SKY TRAC SYSTEMS LTD, Spider Tracks Limited, BLUE SKY NETWORK, Aireon LLC, Honeywell International Inc.
The flight tracking system market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flight Tracking System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flight Tracking System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flight Tracking System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flight Tracking System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flight Tracking System Market Size & Forecast, 2020-2028
4.5.1 Flight Tracking System Market Size and Y-o-Y Growth
4.5.2 Flight Tracking System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 ADS-B
5.2.2 FANS
5.2.3 PFTS
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 General Aviation
6.2.2 Civil Aviation
6.2.3 Military Aircraft
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flight Tracking System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flight Tracking System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 ADS-B
9.6.2 FANS
9.6.3 PFTS
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 General Aviation
9.10.2 Civil Aviation
9.10.3 Military Aircraft
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 ADS-B
10.6.2 FANS
10.6.3 PFTS
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 General Aviation
10.10.2 Civil Aviation
10.10.3 Military Aircraft
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 ADS-B
11.6.2 FANS
11.6.3 PFTS
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 General Aviation
11.10.2 Civil Aviation
11.10.3 Military Aircraft
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 ADS-B
12.6.2 FANS
12.6.3 PFTS
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 General Aviation
12.10.2 Civil Aviation
12.10.3 Military Aircraft
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 ADS-B
13.6.2 FANS
13.6.3 PFTS
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 General Aviation
13.10.2 Civil Aviation
13.10.3 Military Aircraft
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flight Tracking System Market: Competitive Dashboard
14.2 Global Flight Tracking System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell International Inc
14.3.2 Rockwell Collins, Inc
14.3.3 Garmin International Inc
14.3.4 FLYHT Aerospace Solutions Ltd
14.3.5 SKY TRAC SYSTEMS LTD
14.3.6 Spider Tracks Limited
14.3.7 BLUE SKY NETWORK
14.3.8 Aireon LLC
14.3.9 Honeywell International Inc
