Flight Tracking System Market Share, Size, and Trends by 2031
Flight Tracking System Market: Strategic Insights
Flight Tracking System Market
-
CAGR (2023 - 2031)5.1% -
Market Size 2023
US$ 441.61 Million -
Market Size 2031
US$ 655.10 Million
Market Dynamics
GROWTH DRIVERS
- The rising air passenger traffic across different regions; Increasing number of flight operations
FUTURE TRENDS
- Introduction of Low Cost Carriers (LCCs)
OPPORTUNITIES
- Implementation of ICAO Guideline for Abnormal Flight Condition from 2021
Key Players
- Honeywell International Inc
- Aireon LLC
- Rockwell Collins United Technology Corporation
- Garmin Ltd
- Flyht Aerospace Solutions Ltd
- Spider Tracks Limited
- Skytrac Systems Ltd
- Blue Sky Network
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
System
- ADS-B
- FANS
- ACARS
- PFTS
End Use
- Commercial
- Military