Global Airport Surveillance Radar Market Analysis, Trends and Opportunities 2020 - 2026

 

Summary - A new market study, titled “Global Airport Surveillance Radar  Market Analysis, Trends and Opportunities 2020 - 2026” has been featured on WiseGuyReports.

Global Airport Surveillance Radar Market Research Report—Forecast till 2025

 

Market Overview

The global airport surveillance radar market is expected to exhibit a CAGR of 6.49% during the study period of 2019 to 2025. North America has dominated the global market in 2018, followed by Europe owing to the rising expenditure and the development of new and existing airports. In 2018, North America was accounted for the market share of 36.19% of the global airport surveillance radar market and valued at USD 462.9 million. The air traffic controllers (ATC) use airport surveillance radar to supervise and operate aircraft movement on the ground and in the air.

The global airport surveillance radar market is evaluated to rise at a substantial pace owing to an increase in the number of airports across the globe. The market growth is attributed to the increase in investments in the defense of developing economies such as China and India and the rising development of new and existing airports.

ALOS READ: https://www.einpresswire.com/article/520903037/airport-surveillance-radar-market-future-technology-growth-trends-and-opportunities-and-key-players-analysis-2025

Market Segmentation

The Global Airport Surveillance Radar Market has categorized by Type, Application, and Region. By type segment, the market has been sub-segmented as primary radars and secondary radars. Based on application, the market has been divided into civil & commercial airports and military airbases & airfields. The civil & commercial airports segment is evaluated to lead the global market to register a CAGR of 6.23% during the review period. The increasing air passenger traffic with a considerable rate from the past couple of years is the key factor driving the market of the civil and commercial airport sector.

Regional Analysis

The region-specific analysis of the global airport surveillance radar market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and Latin America.

North America anticipated for the largest contribution of the global airport surveillance radar market and expected to exhibit a CAGR of 5.85% during the forecast period. The growth of the market in North America is propelled by large-scale investments by airport authorities in upgraded airport operations and offering revised surveillance capabilities to pilots. Rising air passenger traffic over recent years has significantly fueled the demand for these systems. Furthermore, the presence of major manufacturers such as Raytheon Company and Northrop Grumman Corporation is driving the market growth in the US. In Canada, the growing focus on airport modernization is expected to drive the growth of the market in the country.

 

Key Players

The key players in the Global Airport Surveillance Radar Market are BAE Systems (UK), Northrop Grumman Corporation (US), Thales Group (France), Raytheon Company (US), NEC Corporation (Japan), HENSOLDT (Germany), Shoghi Communications Ltd (India), TERMA (Denmark), ASELSAN AS (Turkey), East Radar Systems Limited (UK), Airbus SAS (Netherlands), Lockheed Martin Corporation (US), Leonardo SpA (Italy), L3Harris Technologies, Inc. (the US), Intelcan Technosystems Inc. (Canada), Blighter Surveillance Systems Ltd (UK), DeTect, Inc (US), Saab AB (Sweden), Israel Aerospace Industries Ltd (Israel), Telephonics Corporation (US), and Indra Sistemas, SA (Spain).

 

COVID 19 Impacts

We are continuously tracking the impact of COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries. Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations and many other useful insights.

FOR MORE DETAILS:  https://www.wiseguyreports.com/reports/5532998-global-airport-surveillance-radar-market-research-report-forecast-till-2025

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