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Commercial Airport Radar Systems Market Size, Share 2018 Industry Trends, Growth Insight, Share, Competitive Analysis, Statistics, Regional, And Global Industry Forecast To 2023 | 360 Market Updates

Commercial Airport Radar Systems

Commercial Airport Radar Systems Market (2018 – 2023) report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The Commercial Airport Radar Systems market report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

Commercial Airport Radar Systems Market report is anticipated to register a CAGR of XX% over a five years forecast period (2018 – 2023).”

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List of Major Key players operating in the Global Commercial Airport Radar Systems Market are –

  • ASELSAN A.Ş. Rockwell Collins TERMA Raytheon CompanyNEC Corporation HENSOLDT Indra Sistemas
  • S.A. BAE Systems Mitsubishi Electric Corporation Easat Radar Systems Limited Honeywell International Inc. Thales Group

Any occurrence at an aerodrome that involves the incorrect presence of a person, vehicle or aircraft on the protected area of a surface that is used for the landing and take-off of aircraft can be called as runway incursions. Runway incursions are one of the major problems that are faced by the airport authorities. For instance, in July 2018, a Singapore – Chennai Air India flight was grounded at Chennai airport after taking a bird hit while coming into land. The Dreamliner aircraft with 172 passengers was gliding down at 400feet over Officers Training Academy, to touch down on the Guindy-end of the main runway, when the bird strike took place. AAI has been trying to minimize bird hits by discussing with the local bodies around the airport. To avoid these increasing runway incursions, the need for advanced radar systems is increasing.

Also, lower airfares, increasing living standards, and the growing middle-class population in large emerging markets, such as China and India, are major contributors to improving air travel. The middle class, in both countries combined, grew from 80 million, in 2000, to 135 million in 2016, exhibiting an increase of nearly 70 percent. To accommodate the increasing air passengers, new airports are being built, or the expansion of existing airports are taking place around the world which in turn is generating demand for advanced radar systems for efficient tracking and surveillance. Commercial Airport Radar Systems Market is estimated to grow at a CAGR of over 4% and expected to reach over USD 16 billion by the year 2023.

Based on application, the commercial airport radar systems market is segmented into surveillance radar, tracking radar and weather radars. The use of weather radars in airports has been of much importance due to the requirement of monitoring weather conditions as they might hamper the airlines’ operations. If the weather conditions are not monitored, landing and take-off operations are effected which will risk the lives of the passengers. For example, in January 2018, US Airlines canceled more than 1,100 flights, and more than 3,000 flights were grounded due to a massive storm, stranding thousands of passengers, while low visibility and strong winds diverted dozens of other flights. Similarly, there are many more incidents where due to bad weathers, scheduled airplanes were canceled.

North America region is has the highest share in the year 2017 which is mainly due to procurement of the advanced radars by the airports to meet the safety regulations that are set by International Air Transport Association (IATA), International Civil Aviation Organization (ICAO), Federal Aviation Administration (FAA) and other regulatory bodies for the safety of the passengers. Also, expansion and modernization of airports in the US have generated the requirement of new radar systems that provide better surveillance and tracking functions. The Asia Pacific region is expected to have the highest growth rate as the number of passengers preferring air travel is increasing in this region.

Major Players:
BAE Systems, HENSOLDT, TERMA, Raytheon Company, Rockwell Collins among others.

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Scope of the Report:

The report analyses Commercial Airport Radar Systems market, which includes –

  • Analysis of the growth of Commercial Airport Radar Systems market in global and regional level including Asia-Pacific, Americas, and EMEA.
  • The report provides Commercial Airport Radar Systems market analysis for key countries including the US, Canada, Chile, China, India, Japan, the UK, Germany, France, and Italy.
  • The report offers country level Commercial Airport Radar Systems market volume and value by end-user segment for the period 2012-2023.
  • Qualitative analysis of key market drivers and restraints, and analysis of their impacts on Commercial Airport Radar Systems market are discussed.
  • The report provides competitive landscape at country level for the year 2018. It also covers key policies and initiatives, key deals, and key upcoming projects.

Highlighted points of Commercial Airport Radar Systems Market Report:

  • Varying dynamics of the Commercial Airport Radar Systems industry.
  • Prospective changes in sales volumes and worldwide share growth in upcoming years (2018-2023).
  • Commercial Airport Radar Systems market report recognizes the key drivers of growth and challenges of the key industry players.
  • Competitors profiles along with product description, overview, and business data.
  • A complete analysis of market risks, opportunities, limitations, and growth of the market.
  • Market driving and restraining factors.
  • Delivers information on the historical and current market size and the future potential of the market.
  • Commercial Airport Radar Systems market report provides a comprehensive analysis of the market with respect to market dynamics, competitive analysis, and upcoming trends of the market.

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Reasons to Purchase Commercial Airport Radar Systems Market Report:

  • The report analyses how stringent emission control norms will drive the global Commercial Airport Radar Systems market.
  • Analyzing various perspectives of the market with the help of Porter’s five forces analysis.
  • Study on the product type that is expected to dominate the market.
  • Study on the regions that are expected to witness the fastest growth during the forecast period.
  • Identify the latest developments, market shares and strategies employed by the major Commercial Airport Radar Systems market players.
  • 3 months’ analyst support along with the Market Estimate sheet (in excel).

In this study, the years considered to estimate the market size of Commercial Airport Radar Systems:

History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2023

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