Remote Towers

Remote Towers

Global Remote Towers Market to Reach $2.7 Billion by 2030
In the changed post COVID-19 business landscape, the global market for Remote Towers estimated at US$304.4 Million in the year 2022, is projected to reach a revised size of US$2.7 Billion by 2030, growing at aCAGR of 31.4% over the period 2022-2030. Contingency, one of the segments analyzed in the report, is projected to record 33.3% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Multiple segment is readjusted to a revised 30.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $91.7 Million, While China is Forecast to Grow at 29.8% CAGR
The Remote Towers market in the U.S. is estimated at US$91.7 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$438.6 Million by the year 2030 trailing a CAGR of 29.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.1% and 25.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 19.2% CAGR.

Select Competitors (Total 33 Featured) -

• Frequentis Group
• Harris Corporation
• Indra Navia AS
• Indra Sistemas, S.A.
• Kongsberg Gruppen
• Leonardo S.P.A
• Lockheed Martin Corporation
• Northrop Grumman Corporation
• Raytheon Company
• Saab AB
• Searidge Technologies
• Thales Group

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