Published on : Mar 29, 2017
Albany, New York, March 29, 2017: The global aviation tracking system market could be leaning on the impressive demand expected to be secured by products such as automatic dependent surveillance-broadcast (ADS-B). In a report added by ResearchMoz.us, titled “Global Aviation Tracking System Market Research Report 2017,” the market has been comprehensively detailed with up-to-date forecast figures and CAGR from 2017 until 2022.
Overall, the world aviation tracking system market could attract a strong growth on the back of tight government regulations and considerable rise in aircraft sales on a global platform. The regulations enforced by governments around the world are mostly pertaining to the safety of passengers and aircrafts. Developed nations have been increasingly focusing on improved air surveillance capabilities. As a result, the market for ADS-B aviation tracking systems could gain a telling traction, also due to the trend of less developed nations inviting the widening penetration of ADS-B infrastructure.
However, the contribution of other products such as future air navigation system (FANS) and portable flight tracking system (PFTS) in the global aviation tracking system market cannot be ignored. Factors such as high price and lack of multitasking prowess to track more than one flight at once could be the reasons for the lower growth of the FANS and PFTS markets. As far as ADS-B is concerned, the growth could be prognosticated to be mainly attributed to the elevating requirement of equipping airport facilities with better surveillance abilities. Today, ADS-B aviation tracking systems are actively installed in new as well as existing commercial aircraft fleets.
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The authors of the report have extensively discussed critical applications such as civil and military aviation which are expected to impact the international aviation tracking system market during the forecast period 2017–2022. Under the analysis by application section, potential applications coupled with emerging markets have been vitally explained. Besides this, the analysts have shed light on the consumption, consumption growth rate, and market share of each application.
Major geographies such as Europe, North America, India, Southeast Asia, Japan, and China of the global aviation tracking system market have been widely detailed in the publication. This is done while taking into consideration various aspects such as import, export, consumption, and production. Other factors such as gross margin, price, revenue, production, and capacity have also been precisely researched and put forth in the publication by the analysts.
Buyers of the report have been exposed to the pivotal factors influencing the global aviation tracking system market, which include the threat of substitutes, technology progress, consumer needs and preferences, and political or economic environmental change. For understanding the competitive landscape, key players such as Skytrac Systems Ltd., Rockwell Collins, Honeywell International, Aireon, and Garmin International have been profiled by the report authors.
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