Europe Control Tower Market Size & Outlook, 2023-2030
Europe control tower market, 2017-2030 (US$M)
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Europe control tower market highlights
- The Europe control tower market generated a revenue of USD 1,748.1 million in 2023.
- The market is expected to grow at a CAGR of 19.3% from 2024 to 2030.
- In terms of segment, operational was the largest revenue generating type in 2023.
- Analytical is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 1,748.1 million |
| Market revenue in 2030 | USD 6,022.6 million |
| Growth rate | 19.3% (CAGR from 2023 to 2030) |
| Largest segment | Operational |
| Fastest growing segment | Analytical |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Analytical, Operational |
| Key market players worldwide | E2open Parent Holdings Inc Class A, Infor, Kinaxis Inc, Coupang Inc Ordinary Shares - Class A, One Network Enterprises, SAP SE, Friedman Industries Inc |
Other key industry trends
- In terms of revenue, Europe region accounted for 21.0% of the global control tower market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,575.2 million by 2030.
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Control Tower Market Scope
Control Tower Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Europe control tower market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to control tower market will help companies and investors design strategic landscapes.
Operational was the largest segment with a revenue share of 83.16% in 2023. Horizon Databook has segmented the Europe control tower market based on analytical, operational covering the revenue growth of each sub-segment from 2017 to 2030.
European businesses are focusing on reducing cost, faster lead times, and better quality capabilities without increasing supply chain risk and other operational inefficiencies. This is anticipated t o drive the demand for control towers in the European market.
In case of shipments that originate across Europe, the Europe Control Tower team consolidates and gathers data from manufacturers, carriers, and vendors to manage and monitor customer supply chains, distributing updates in a consistent format.
Germany is expected to offer the highest potential for the adoption of control tower systems owing to the presence of a higher number of engineering and component manufacturing companies in the country.
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Our clientele includes a mix of control tower market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe control tower market , including forecasts for subscribers. This continent databook contains high-level insights into Europe control tower market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Europe control tower market size, by country, 2017-2030 (US$M)
Europe Control Tower Market Outlook Share, 2023 & 2030 (US$M)
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