Global Instrument Landing System Market Overview:
An Instrument Landing System (ILS) is a well-established technology that improves an aircraft’s ability to land during adverse weather conditions, rather than being diverted to other airports. ILS is the international industry standard for aeroplane landings in adverse weather conditions. ILS is a highly precise radio signal navigation aid that comprises two antennas that transmit signals to receivers in the aircraft cockpit a glide path tower located next to the runway at the north end and a localiser antenna at the southern end. These antennas offer the pilot with vertical and horizontal guidance while landing in low visibility.
As per latest study released by AMA Research, the Global Instrument Landing System market is expected to see growth rate of 6.8%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Modernization of Airports across the Globe
Market Growth Drivers:
Increasing Number of Aircraft Globally and Growing Demand for Fleet Expansion in Developing Countries
Challenges:
High Computation Due to the Presence of Major Players and Complexity Related to Design of Instrument Landing System
Restraints:
High Costs Associated with the Manufacturing of Parts and Requirement of Product Certifications to Meet Safety Regulations
Opportunities:
Growing Number of Airports in Developing Regions and Increasing Investments in the Aircraft Industry
Competitive Landscape:
Key players are adopting numerous strategies to gain market attention and to increase their market share, this strategy can be listed as increasing product portfolio, making partnerships to adopt certain technologies, and acquiring small players to finish the competition in the future. As well as investing money in the R&D sector to make technical upgrades to the product.
Some of the key players profiled in the report are Thales (France), Rockwell Collins (United States), Honeywell (United States), Intelcan (Canada), Azimut (Italy), Hename (South Korea), Universal Avionics Systems (United States), Saab Sensis (Sweden), Advanced Navigation & Positioning Corporation (United States), Systems Interface (United Kingdom) and Antenna Products Corporation (United States). Analyst at AMA Research see United States Manufacturers to retain maximum share of Global Instrument Landing System market by 2030. Considering Market by Components, the sub-segment i.e. Ground Equipment will boost the Instrument Landing System market.
Latest Market Insights:
On April 28, 2019 - Universal Avionics (UA), an Elbit Systems Company, has partnered with AerSale, Inc. to develop an FAA Supplemental Type Certificate (STC) for the ClearVision Enhanced Flight Vision System (EFVS) on the Airbus A320 aircraft.
In June 20, 2022, Abu Dhabi Airports debuted its Advanced Surface Movement Guidance and Control System (A-SMGCS) (AUH) at Abu Dhabi International Airport,. This system is the first most advanced in the Middle East and recent illustration of aviation company's commitment for utilizing cutting-edge technology to provide its customers with greater safety, efficiency, and sustainability to ensure a flawless travel experience.
6750.24E - Instrument Landing System and Ancillary Electronic Component. This order specifies the instrument landing system (ILS) and ancillary electronic component configuration and performance requirements for the various categories of low-visibility flight operations.
What Can be Explored with the Instrument Landing System Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Instrument Landing System Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Instrument Landing System
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Instrument Landing System market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Instrument Landing System market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Manufacturers of Instrument Landing System, Suppliers of Instrument Landing System, Wholesalers, Distributors and Retailers of Instrument Landing System, Aerospace Industry and Governmental Bodies.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.