Aviation Tracking System Market 2025: Emerging Trends, Future Developments, Growth Drivers & Opportunities
30 October 2018 - Global Aviation
Tracking System Market is expected to grow at a significant CAGR in the
forthcoming years. An aviation tracking system tracks the position of an
aircraft fitted with a GPS. The GPS satellites enable real-time data pertaining
to flight variables which can be further passed to the server located on the
ground. Commercially, the aviation tracking system market gains a positive
traction in the upcoming years due to the enormous growth of aviation business.
Commercial
driving factors responsible for the growth of aviation tracking system market
includes the rise in efficiency for air traffic operations and growth in
purchase of commercial flights to accommodate the rise in number of passenger
flights. Also, the significance of defense airfare activities for various
purpose also adds to the market growth.
Based
on segmentation by product, aviation tracking system market includes FANS,
ADS-B and PFTS. ADS-B segment is estimated to grow at a higher CAGR in the
forthcoming years owing to rise in adoption of improved air surveillance capacities
in emerging economies. Also, the segment dominates the market owing to rise in
safety concerns and enormous increase in aircraft sales on a global scale.
Based on segmentation by end-user, aviation tracking system market includes
civil aviation and military aviation. Civil aviation leads the market segment
owing to rising number of passenger flights.
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Geographically,
aviation tracking system market spans North America, Latin America, Europe,
Asia-Pacific, Middle-East and Africa. North America and Europe market is
expected to dominate the global market scenario owing to rise in flight
operations and modernization of aviation industry. APAC market also accounts
for a significant share in the aviation tracking system market owing to
presence of big players and modernization of air transport, flight and advanced
flight operations. MEA regions also have begun to grow in the aviation tracking
system industry owing to rise in emphasis on efficient air traffic regulation
and ensuring smoother flight operations. The key players in the aviation
tracking system market includes Garmin International, Aireon, Honeywell
International, Rockwell Collins, Skytrac Systems Ltd, Spider Tracks Limited,
Blue Sky Network and FLYHT Aerospace Solutions.
Market Segment:
Geographically, this report is segmented
into several key Regions, with production, consumption, revenue (million USD),
market share and growth rate of Aviation Tracking System in these regions, from
2013 to 2025 (forecast), covering
•
North America
•
Europe
•
China
•
Japan
•
Southeast Asia
•
India
Global Aviation Tracking System market
competition by top manufacturers, with production, price, revenue (value) and
market share for each manufacturer; the top players including
•
Garmin International
•
Aireon
•
Honeywell International
•
Rockwell Collins
•
Skytrac Systems Ltd
•
Spider Tracks Limited
•
Blue Sky Network
•
FLYHT Aerospace Solutions
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