The Global Digital ATC Towers Market report by BIS Research projects the market to grow at a CAGR of 28.73% on the basis of value during the forecast period 2020-2025. In 2019, Europe dominated the global digital ATC towers market with an estimated share of 51.78%. The region’s growth can be attributed to the European Union’s SESAR initiative. Companies such as Aena, Airbus, Eurocontrol, Frequentis, Honeywell, Indra, NATS Holdings, Selex ES, Thales Group, and a few others are part of the SESAR project providing various systems for the upgradation of air traffic management.
Read Report Overview: Digital ATC Towers Market
The global digital ATC towers market is gaining widespread importance owing to the increasing efforts of the key players as well as aviation authorities and international organizations that support the digital ATC tower trend. Moreover, the development of technologies such as machine learning, IoT, artificial intelligence (AI), and advanced sensor systems for enhanced capabilities may propel the market growth.
Factors Affecting Global Digital ATC Towers Market
The digital ATC towers market is expected to have significant growth during the forecast period 2020-2025. The factors attributing to the growth of the market include the cost efficiency of remote ATC towers, increasing adoption of digital ATC towers, and increasing digitalization of air traffic control
However, the market is also facing a challenge in the form of potential cyber threats to digital ATC towers.
Contingency Remote Tower: A Focus Area for Airport Industry
Contingency remote tower is one of the types of operations of remote towers. This type of operation is used as a redundancy for the existing air traffic tower. All the airport equipment and its data in the existing airport are integrated into the contingency tower to get the exact visualization of the target airport.
For instance, Hungary has a back-up or contingency remote tower in Budapest. Also, larger airports, such as the London Heathrow, have deployed contingency remote tower systems to handle any short-term non-availability of the normal
Scope of Digital ATC Towers Market
The purpose of the market analysis is to examine the digital ATC towers market outlook in terms of factors driving the market, trends, technological developments, and competitive benchmarking, among others.
The report further takes into consideration the market dynamics and the competitive landscape of the key players operating in the market.
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Keyword Players and Competitive Landscape
Digital ATC towers is one of the ongoing trends with the leading players actively partnering with each other to support and create next-generation remote towers.
The key players that are actively participating in the digital ATC towers market are Saab AB, Frequentis Group, Thales Group, Indra Sistemas, S.A., Raytheon Technologies, L3Harris Technologies Corporation, Northrop Grumman Corporation, Lockheed Martin Corporation, Searidge Technologies, Leonardo S.P.A, Kongsberg Gruppen, Rohde & Schwarz Emirates L.L.C., NATS Limited, Avinor AS, Skysoft-ATM SA, among others.
The prominent players in the Digital ATC Towers market have adopted strategies of contracts, partnerships, agreements, and acquisitions to enhance airport operations and streamline and modernize the operations.
