Airport Surveillance Radar Market Overview
Airport Surveillance Radar Market is estimated to grow USD 2.50 Billion at a CAGR 6% by 2020-2030. Airport Surveillance Radar refers to the radar system used at airports to detect and indicate the presence of aircraft and the location of trucks in the terminal area of the airspace around the airport. This is the main air traffic control system for airspace around airports.
Increased military spending and the development of new and existing airports can be attributed to the development of the global Airport Surveillance Radar Market. Around the world, aircraft have evolved exponentially, demonstrating the need for adequate control systems, such as airport surveillance radar, to minimize aircraft accidents. Aviation investors are beginning to adopt satellite-based technologies to expand their air traffic control activities through space technology development. The rise in demand for airspace has produced the need for next-generation technology to make air transport safer, effective, and environmentally friendly. The growth of the market is accelerated by a higher number of airports and surveillance radar systems with satellite navigation systems for air traffic control operators to monitor aircraft.
Key Players
Key Companies in the Airport Surveillance Radar Market Include
- BAE Systems (UK)
- Northrop Grumman Corporation (US)
- Thales Group (France)
- Raytheon Company (US)
- Lockheed Martin Corporation (US)
- Leonardo SpA (Italy)
- L3Harris Technologies, Inc. (the US)
- Intelcan Technosystems Inc. (Canada)
- Blighter Surveillance Systems Ltd (UK)
- NEC Corporation (Japan)
- HENSOLDT (Germany)
- Shoghi Communications Ltd (India)
- TERMA (Denmark)
- ASELSAN AS (Turkey)
- Easat Radar Systems Limited (UK)
- Airbus SAS (Netherlands)
- DeTect, Inc (US)
- Saab AB (Sweden)
- Israel Aerospace Industries Ltd (Israel)
- Telephonics Corporation (US)
- Indra Sistemas, SA (Spain)
Market Segments
The Airport Surveillance Radar Market Insights is fragmented into type and application.
The type of segment has Primary Radars and Secondary Radars. The primary radar segment dominated the global market. The highest market share predicted is due to the growing investment by the governments of developed countries in airport expansion.
The application section is categorized into Civil & Commercial Airports and, Military Airbases & Airfields. The military airbases and airfields segment will grow at the fastest CAGR during the forecast period. The rise in security expenditures by governments is driving the segment's growth.
Regional Analysis
The geographical growth of the Airport Surveillance Radar Market was seen in the most prominent regions such as the Asia Pacific, North America, Europe, and the rest of the world.
The North American regions like US and Canada are noticing higher demand due to growing US government spending on airport modernization. Moreover, technological developments and the existence of major industrial players such as Raytheon Group, Northrop Grumman Corporation, and Lockheed Martin Corporation drive the market's growth.
The European region is accounted for the second-biggest share of the market. The regional market's growth is led by the involvement of prominent players such as ASELSAN AS, BAE Systems, and Thales Group.
Asia-Pacific holds a significant proportion of the global economy. The region's demand is propelled by the rise in air passenger traffic in emerging economies like China and India and the increasing need to boost passenger safety.
The Middle East & Africa accounted for a substantial share of the overall economy was accounted for by the Middle East & Africa due to the growing construction of new airports in countries such as the UAE. The demand in Latin America is due to the arrival of low-cost airlines in the area is projected to fuel the development of the Latin American radar market for airport surveillance.
Industry News
In February 2022- Taiwan has disclosed that it has chosen Thales to offer support in modernizing its airport surveillance systems for the airports of Songshan, Hualien, and Taitung through new radar systems will take the place of the present technology soon reaching their life expectancy.
Related Report
- Surveillance Radar Market Research Report Information By Type (Battlefield Surveillance Radars, Ground-Based Space Surveillance Radars, Ground-Based Air Surveillance Radars, Coastal Surveillance Radars, Airport Surveillance Radars, Air-To-Air Surveillance Radars, Space-Based Radars, Shipborne Surveillance Radars), By Component (Antennas, Transmitters, Duplexers, Power Amplifiers, Receivers, Others) By Platform (Land, Naval, Airborne, Space), By Frequency Band (UHF- & VHF-Bands, L-Band, C-Band, S-Band, X-Band)–Market Forecast Till 2030.
- Airport Security Market Research Report Information by Type (Access Control, Perimeter Security, Screening, and Others), Systems Equipment (Metal Detector, Backscatter X-Ray System, and Others), Technology (RFID, Biometrics, and Others), and by Region (North America, Europe, Asia-Pacific, the Middle East Africa, and Latin America) - Forecast till 2030
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