An Aviation Tracking System tracks the
position of an aircraft fitted with a GPS. Global Aviation Tracking System
Market is expected to grow at a significant CAGR in the forthcoming years. 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.
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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.
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.
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