Global Airport Surveillance Radar Market 2017-2021

Overview of the global airport surveillance radar market

Market research analysts at Technavio predict that the global airport surveillance radar market will grow steadily at a CAGR of close to 5% by 2021. This market research analysis identifies the growing concerns about increasing flight safety mechanism as one of the primary growth factors for this market. To overcome constraints including birds, wildlife, a wide-range of foreign object debris (FOD) and other environmental conditions, that cause maximum damage to the aircraft and lead to accidents, airport operators are deploying numerous advanced radar systems like automated FOD detection, ground-level bird detection and recognition, automated FOD detection sensors, remote snow depth measurement, and foreign object debris detection (FODD) systems. These systems enhance the safety mechanism of air traffic control (ATC) operations while improving operational efficiency and runway capacity.

One of the latest trends that will gain traction in the airport surveillance radar market in the coming years is the increasing demand due to runway incursions. Airport operators have emphasized hugely on the development of runway safety systems for minimizing runway incursions as it is one of the top priorities of airport operators and ATC controllers. Therefore, airports are currently being installed with radar systems to guide ATC controllers and coordinate aircraft movements on the runway.

Competitive landscape and key vendors

The airport surveillance radar market appears to be highly competitive due to the presence of several vendors. Vendors in this market compete in terms of contract acquisitions, product and aftermarket service quality, reliability, and cost. Furthermore, it is crucial for vendors to offer radar systems that feature the latest technology to survive and prosper in such an intensely competitive business atmosphere.

The leading vendors in the market are -

• Indra Sistemas
• Lockheed Martin
• Northrop Grumman
• Raytheon
• Rockwell Collins

The other prominent vendors in the market include Leonardo-Finmeccanica, Harris Corporation, Intelcan, and Thales.

Segmentation by application and analysis of the airport surveillance radar market

• Civil airports
• Military airports

During 2016, the civil airport segment accounted for the major shares in this market. Factors such as the facilitation of adequate safety and surveillance in and around airports will contribute to the growth of this industry segment in the coming years. Safety is considered as one of the most important priorities in organizations such as International Civil Aviation Organization (ICAO), European Aviation Safety Agency (EASA), Federal Aviation Administration (FAA), International Air Transport Association (IATA), International Air Transport Association (IATA), and other state-level aviation authorities. As a result, these organizations have implemented an advanced mechanism that facilitates adequate safety and surveillance in and around airports.

Geographical segmentation and analysis of the airport surveillance radar market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the market by 2021. Due to the growing air traffic, major countries in APAC are making significant investments in revamping their domestic air service capabilities that will have a significant positive impact on the growth of the airport surveillance radar market in the region during the forecast period.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global airport surveillance radar market?
• What are the key market trends impacting the growth of the global airport surveillance radar market?
• What are the challenges to market growth?
• Who are the key vendors in the global airport surveillance radar market?
• What are the market opportunities and threats faced by the vendors in the global airport surveillance radar market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global airport surveillance radar market?

Technavio also offers customization on reports based on specific client requirement.

To help clients in the aerospace and defense sector gain a competitive edge over the other players, Technavio provides an assortment of market study reports that will help clients stay updated on the technological evolution and also identify new growth opportunities. The market intelligence reports from Technavio also provide detailed information on all the vendors who hold significant market shares in the aerospace components industry.

Our upcoming market research report on the global airport surveillance radar market for the forecasted period of 2017 to 2021 is aimed at helping clients comprehend the constantly changing consumer landscape of the aerospace and defense sector. This upcoming report on the global airport surveillance radar market also considers the growth of related markets such as airport fire safety equipment and aircraft electric taxiing system, which are predicted to grow at a CAGR of almost 4% and about 10% respectively by 2021.

This upcoming industry research report for the global airport surveillance radar market also identifies the major drivers, market trends, and the challenges currently faced by the vendors in the aerospace and defense industry. Moreover, the report also offers crucial insights into the emerging markets of aerospace manufacturing and general aviation.