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3. Remote Towers Companies - Thales Group (France) and Saab (Sweden) are the Key Players

Remote towers refer to air traffic control towers that are remotely located, either near or far from airports. They provide Air Traffic Services (ATS) remotely through a real-time visual reproduction of the airport via high-definition cameras. These towers replace an air traffic control operator’s direct out-of-the-window view with a live video feed. Remote towers consist of workstations known as Controller Working Positions (CWPs) that can control multiple airports simultaneously or on in a sequence as per a pre-determined schedule. This report also discusses the benefits of digital towers. A digital tower is a larger airport with numerous digital data sources such as surveillance and ATM data, where the opportunity to integrate fruitful data can prove beneficial.

This market report covers various applications and systems related to remote towers that are used in commercial and military airports. Remote towers are evolving rapidly in terms of technology, with the development of new, advanced, and high-speed cameras, remote modules, and communication systems.   Increased cost saving, efficiency, and safety fuel the demand for remote towers. The global remote towers market is projected to grow from USD 0.3 Billion in 2022 to USD 0.6 Billion by 2027, at a CAGR of 19.6% from 2022 to 2027.

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Agreements, collaborations, new product developments, contracts, expansion, acquisitions, and partnerships are among some of the key strategies adopted by the leading market players to strengthen and sustain their position in the remote towers market. For example, in  October 2021, Frequentis Group signed agreement with Indra Sistemas (Spain) to digitalize the EUROCONTROL Integrated Network Management (INM) system.

Saab (Sweden), Thales Group (France), Frequentis Group (Australia), Indra Sistemas  (Spain), and L3Harris Technologies (US) are among the leading players operating in the remote towers market. A general overview of these companies; an analysis of their financials, products, and services; and key strategies undertaken by them are covered in this report.

THALES GROUP

THALES GROUP Founded in 2000 and headquartered in La Défense, Paris (France), Thales Group offers integrated solutions and equipment for government, civil, and commercial customers in the aeronautics, space transport, and defense & security markets. The company had 81,000 employees as of 2021 and is listed on the Euronext NV under the ticker symbol, HO. The company operates through 3 business segments, namely, aerospace (avionics & space), transport (ground transportation systems), and defense & security (secure communication & information systems, land & air systems, and defense mission systems). The avionics global business unit offers a large array of equipment for pilot, navigation, and aircraft control systems; electrical generation & conversion; and inflight entertainment & connectivity systems. The company has a presence in Asia, the Middle East, Africa, and Latin America.

SAAB

Saab was founded in 1937 and is headquartered in Stockholm, Sweden. The company had 18,000 employees as of 2021 and is listed on the Nasdaq with the ticker symbol SAAB-B. The company majorly provides products, services, and solutions for the defense, commercial aviation, and civil security sectors. It operates through 6 business segments, namely, air, land, naval, civil security, commercial aeronautics, and others. It has a strong international presence with established markets in Sweden, Asia, Australia, and Africa. The major competitors of Saab in the aerospace segment are United Technologies Corporation (US), Rockwell Collins, Inc. (US), Honeywell International, Inc. (US), and Parker Hannifin Corporation (US), among others.

 L3HARRIS TECHNOLOGIES

L3Harris Technologies (US), Founded in 1926 and headquartered in Florida, US, Harris Corporation provides a wide range of mission-critical communication products and services to government and commercial customers. The company had 17,500 employees as of 2018. It is listed on the New York Stock Exchange (NYSE) under the ticker symbol HRS. In 2019, it merged with L3 Technologies to create L3Harris Technologies. The company mainly operates through 3 business segments, namely, communication systems, electronics systems, and space & intelligence systems. The company’s structure is categorized into four subsegments, namely, government communication systems, RF communications, integrated network solutions, and Exelis. Its critical network division provides solutions supporting air traffic management, energy & maritime communications, and engineering services. L3Harris Technologies has the scale and range of capabilities to deliver the next generation of ATM, modernizing ATM internationally with technologies that enhance the safety, capacity and efficiency of aviation.

INDRA SISTEMAS

INDRA SISTEMAS was Founded in 1993 and headquartered in Madrid, Spain, Indra Sistemas offers information technology, consulting, and related outsourcing services for the utilities & energy, security & defense, transport & traffic, and telecommunication sectors. The company had 43,707 employees as of 2018 and is listed on the Bolsa De Madrid (Madrid Stock Exchange) with the ticker symbol IDR.

Indra Sistemas is structured into six business divisions, namely, defense & security, energy & industry, financial services, telecom & media, transport & traffic, and government & healthcare. The transport & traffic segment offers advanced air traffic management solutions that comply with the International Civil Organization (ICAO) standards and practices. It offers automatic flight tracking systems, flight plan management tools, air traffic prediction tools, and radar/ADS-B sensors. The company has a wide presence across Spain, Latin America, Europe, North America, Asia, Middle East, and Africa.

FREQUENTIS GROUP

Frequentis Group, one of the leading ATM solution providing companies in the world, was founded in 1947 and is headquartered in Vienna, Austria. As of 2021, the company had a workforce of 2,100 across the globe.The company’s remote product portfolio includes smartVISION visualisation and surveillance, smartTOOLS information display and control, smartSTRIPS flight data handling, VCS3020X voice communication system, QUADRANT ADS-B and multilateration, DIVOS recording and replay, and implementation, operation, and technical services. The key competitors of Frequentis Group in the aerospace segment include Rockwell Collins, Inc. (US), Saab AB (Sweden), Thales (France), and Raytheon (US).

Related Reports:

Remote Towers Market by Operation Type (Single, Multiple, Contingency), System Type (Airport Equipment, Remote Tower Modules, Solutions & Software), Application (Communication, Information & Control, Surveillance) and Region - Global Forecast to 2027

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