Market Challenges and Opportunities: High charges associated with communication for receiving updates to restrain growth of the global flight tracking system market
The cost of installing a flight tracking system is less than the cost of the aircraft because it is a one-time investment. However, airline companies face the greatest obstacle due to the fact that they own approximately 200 airplanes: the prohibitive costs associated with position data. In addition, only a small number of businesses are currently selling low-cost portable and dedicated flight tracking systems, despite the fact that these systems do not meet the standards required by aviation regulatory organizations. As a result, airline companies will not be able to use such systems. For example, information transmission cost for ACAR utilizing satellite utilizing correspondence goes from US$ 500 for a short-pull airplane utilizing VHF radio frameworks.
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