Market Overview:
The global multiple remote tower market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth of the market can be attributed to the increasing demand for air travel, rising number of airports, and growing adoption of advanced technologies in the aviation industry. The global multiple remote tower market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into airport equipment, remote tower modules, and network solutions. On the basis of application, it is divided into communication applications such as voice over internet protocol (VoIP), video conferencing; information & control applications such as air traffic control (ATC), aeronautical information management (AIM); surveillance applications such as airport security surveillance and airspace surveillance.
Product Definition:
A multiple remote tower system is a network of geographically dispersed airport towers that are operated from a single location. The importance of multiple remote towers lies in the ability to manage and operate airports more efficiently and safely. By using a single control center, operators can monitor and direct aircraft movements at various airports simultaneously. This allows for better coordination between airports, which can lead to increased efficiency and safety for both pilots and passengers.
Airport Equipment:
Airport equipment is the devices and systems that are used to handle, monitor, control and safeguard the air traffic. The airport equipment market is expected to witness significant growth over the forecast period owing to increasing demand for advanced technology-based solutions in airports across the globe.
The need for modernization of airports has increased with growing passenger traffic which requires an efficient system capable of handling large volumes of data thereby leading to adoption of latest technologies such as cloud computing along with other new age technologies.
Remote Tower Modules:
Multiple Remote Tower Modules (MRTMs) are used in Multiple Remote Tower (MRT) market to provide power and communication to the tower. They are installed on top of a building, which has an array of solar panels on its roof. These modules collect energy from the sun and feed it into a battery bank that supplies power to run equipment such as security cameras, lighting, HVAC systems, etc., located in the tower.
Application Insights:
The communication segment dominated the global market and accounted for a revenue share of over 40.0% in 2017. The growth can be attributed to the increasing demand for MRT solutions from various sectors such as oil & gas, utilities, government agencies and commercial organizations. Furthermore, growing emphasis on reducing costs associated with tower operations will further drive the growth of this segment in near future.
The information & control application is anticipated to witness significant growth over the forecast period owing to its rising adoption across several industries such as utilities, oil & gas and government agencies among others which require critical data communications at their remote locations without compromising on system performance or reliability requirements. Moreover, multiple remote tower installations also enable easy monitoring of network activities thereby enhancing overall system efficiency across all applications thus driving its demand globally over the forecast period ¢â‚¬Å“2018-2030¢â‚¬ (Projected).
Regional Analysis:
The Asia Pacific region is anticipated to witness the highest CAGR of XX% during the forecast period. The growth can be attributed to rising air traffic in economies such as China and India, which has led to an increase in demand for R&D of multiple remote tower systems across these countries. Furthermore, increasing investments by governments and airport operators are expected to drive growth across this region. For instance, In January 2016, the Government of India announced a USD X billion investment plan for airports including New Delhi’s Indira Gandhi International Airport (IGIA) that will include installation of MMR systems among other infrastructure improvements Over And Above (OAB).
North America accounted for more than 20% share in 2016 owing to high demand from UAV manufacturers operating within this region who require reliable communication equipment at different locations with enhanced coverage & capacity options along with flexible mounting heights above ground level or underground floors.
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 the need for more airports and air traffic control towers.
- Proliferation of low-cost carriers: The growth of low-cost carriers (LCCs) is resulting in an increase in the number of flights and passengers served by airports. This is driving the demand for more remote towers that can help manage this increased traffic efficiently and safely.
- Technological advancements: Remote tower technology is evolving rapidly, with new features being added all the time. These advancements are helping to make remote tower operations more efficient and effective, thus increasing their adoption rate among airports worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Multiple Remote Tower Market Research Report
By Type
Airport Equipment, Remote Tower Modules, Network Solutions
By Application
Communication, Information & Control, Surveillance
By Companies
Saab, Frequentis Group, Thales Group, Indra Sistemas, Raytheon Company, Harris, Northrop Grumman, Lockheed Martin, Searidge Technologies, Leonardo, Kongsberg Gruppen
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
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Multiple Remote Tower Market Report Segments:
The global Multiple Remote Tower market is segmented on the basis of:
Types
Airport Equipment, Remote Tower Modules, Network Solutions
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
Communication, Information & Control, Surveillance
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:
- Saab
- Frequentis Group
- Thales Group
- Indra Sistemas
- Raytheon Company
- Harris
- Northrop Grumman
- Lockheed Martin
- Searidge Technologies
- Leonardo
- Kongsberg Gruppen
Highlights of The Multiple Remote Tower 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:
- Airport Equipment
- Remote Tower Modules
- Network Solutions
- By Application:
- Communication
- Information & Control
- Surveillance
- 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 Multiple Remote Tower 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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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?
Multiple Remote Tower is a telecommunications term that refers to the installation of multiple telecommunications towers in close proximity to one another. This configuration allows for increased bandwidth and capacity, as well as improved coverage for customers. Multiple Remote Tower can also be used to improve the efficiency of cellular networks by dividing them into smaller clusters.
Some of the major players in the multiple remote tower market are Saab, Frequentis Group, Thales Group, Indra Sistemas, Raytheon Company, Harris, Northrop Grumman, Lockheed Martin, Searidge Technologies, Leonardo, Kongsberg Gruppen.
The multiple remote tower market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Multiple Remote Tower 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 Multiple Remote Tower Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Multiple Remote Tower 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 Multiple Remote Tower 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 Multiple Remote Tower Market Size & Forecast, 2018-2028
4.5.1 Multiple Remote Tower Market Size and Y-o-Y Growth
4.5.2 Multiple Remote Tower Market Absolute $ Opportunity
Chapter 5 Global Multiple Remote Tower 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 Multiple Remote Tower Market Size Forecast by Type
5.2.1 Airport Equipment
5.2.2 Remote Tower Modules
5.2.3 Network Solutions
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Multiple Remote Tower 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 Multiple Remote Tower Market Size Forecast by Applications
6.2.1 Communication
6.2.2 Information & Control
6.2.3 Surveillance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Multiple Remote Tower 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 Multiple Remote Tower 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 Multiple Remote Tower Analysis and Forecast
9.1 Introduction
9.2 North America Multiple Remote Tower 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 Multiple Remote Tower Market Size Forecast by Type
9.6.1 Airport Equipment
9.6.2 Remote Tower Modules
9.6.3 Network Solutions
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 Multiple Remote Tower Market Size Forecast by Applications
9.10.1 Communication
9.10.2 Information & Control
9.10.3 Surveillance
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 Multiple Remote Tower Analysis and Forecast
10.1 Introduction
10.2 Europe Multiple Remote Tower 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 Multiple Remote Tower Market Size Forecast by Type
10.6.1 Airport Equipment
10.6.2 Remote Tower Modules
10.6.3 Network Solutions
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 Multiple Remote Tower Market Size Forecast by Applications
10.10.1 Communication
10.10.2 Information & Control
10.10.3 Surveillance
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 Multiple Remote Tower Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Multiple Remote Tower 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 Multiple Remote Tower Market Size Forecast by Type
11.6.1 Airport Equipment
11.6.2 Remote Tower Modules
11.6.3 Network Solutions
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 Multiple Remote Tower Market Size Forecast by Applications
11.10.1 Communication
11.10.2 Information & Control
11.10.3 Surveillance
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 Multiple Remote Tower Analysis and Forecast
12.1 Introduction
12.2 Latin America Multiple Remote Tower 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 Multiple Remote Tower Market Size Forecast by Type
12.6.1 Airport Equipment
12.6.2 Remote Tower Modules
12.6.3 Network Solutions
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 Multiple Remote Tower Market Size Forecast by Applications
12.10.1 Communication
12.10.2 Information & Control
12.10.3 Surveillance
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) Multiple Remote Tower Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Multiple Remote Tower 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) Multiple Remote Tower Market Size Forecast by Type
13.6.1 Airport Equipment
13.6.2 Remote Tower Modules
13.6.3 Network Solutions
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) Multiple Remote Tower Market Size Forecast by Applications
13.10.1 Communication
13.10.2 Information & Control
13.10.3 Surveillance
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 Multiple Remote Tower Market: Competitive Dashboard
14.2 Global Multiple Remote Tower Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Saab
14.3.2 Frequentis Group
14.3.3 Thales Group
14.3.4 Indra Sistemas
14.3.5 Raytheon Company
14.3.6 Harris
14.3.7 Northrop Grumman
14.3.8 Lockheed Martin
14.3.9 Searidge Technologies
14.3.10 Leonardo
14.3.11 Kongsberg Gruppen
