What is Airport Surveillance Radar Market?
The increasing traffic and runway incursions need a surveillance system to detect the position of the aircraft to control the traffic. The runway incursion occurs due to the presence of humans, objects, or any vehicle on the bottom that ends up in hindrance in landing and take-offs of craft. Therefore, to avoid this movement, flying field police investigation radars are placed to observe these objects on runways. Globally, it's been ascertained that aircraft are increasing rapidly that want the appropriate control systems like airport surveillance radar to mitigate aviation accidents. The airport surveillance radar is put in on airports to guide ATC controllers in managing craft movements on the runway. With the advancement in area technologies, aviation investors had begun to implement satellite-based technologies to enhance their air navigation surveillance-related operations. The growing demand for airspace has generated the requirement for next-generation technologies to form aviation safer, additional economical, and with less impact on the surroundings.
The market study is being classified by Type (Primary Radars and Secondary Radars), by Application (Military Airports and Civil Airports) and major geographies with country level break-up.
BAE Systems plc (United Kingdom), Collins Aerospace (United Technologies Corp.) (United States), Harris Corporation (United States), Indra Sistemas, S. A. (Spain), Intelcan Technosystems Inc. (Canada), Leonardo S. p. A (Italy), Lockheed Martin Corporation (United States), Northrop Grumman Corporation (United States), Raytheon Company (United States) and Thales Group (France) are some of the key players profiled in the study.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Airport Surveillance Radar market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Airport Surveillance Radar market by Type, Application and Region.
On the basis of geography, the market of Airport Surveillance Radar has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Number of Airports
- Increasing Integration of Surveillance Radar Systems with Satellite Navigation Systems
- Growing Defence Budget
Market Trend
- Increasing Preference for Air Travel
Restraints
- High Cost of The Software
Opportunities
- Rapid Increase in The Investment for The Surveillance Market
- Increasing Research and Development
Challenges
- Complexity in The Radar Subsystem Upgrades
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Providers of Airport Surveillance Radar, Venture Capitalists and Private Equity Firms and End-Use Industry