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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