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Commercial Airport Radar System Market Size

Report ID: GMI7583
Published Date: Dec 2023
Report Format: PDF

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Commercial Airport Radar System Market Size

Commercial Airport Radar System Market was valued at USD 5.1 Billion in 2022 and is estimated to register a CAGR of over 8% between 2023 & 2032. Increased government investments in bolstering safety measures are driving growth in the industry. The influx of funds is facilitating the implementation of advanced radar technologies such as automation for air traffic controller alerts. For instance, in November 2023, the U.S. government disclosed plans to allocate a budget of USD 26.0 million toward implementing new safety measures, which include the integration of automation for alerting air traffic controllers. Additionally, the funding will be utilized to equip additional airports with radar systems designed to monitor the movements of aircraft on runways and taxiways.

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The continuous surge in global air travel and the subsequent rise in air traffic volumes are key factors propelling the commercial airport radar system market. The demand for robust radar systems is fueled by the need for effective air traffic management to ensure the safety and efficiency of flight operations. As airports experience increased activity, the adoption of advanced radar technologies becomes imperative, addressing the challenges posed by growing air traffic and contributing to the overall market expansion.

Commercial Airport Radar System Market Report Attributes
Report Attribute	Details
Base Year:	2022
Commercial Airport Radar System Market Size in 2022:	USD 5.1 Billion
Forecast Period:	2023 to 2032
Forecast Period 2023 to 2032 CAGR:	8%
2032 Value Projection:	USD 11.1 Billion
Historical Data for:	2018 - 2022
No. of Pages:	250
Tables, Charts & Figures:	287
Segments covered:	Type, Range, Application
Growth Drivers:	Increased government budget for airline safety technology Subsequent rise in global air traffic volumes Rising innovations in radar systems High demand for weather radar systems at airports
Pitfalls & Challenges:	Presence of stringent regulations Complexity in integration with the existing air traffic management infrastructure

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Integration issues pose a challenge for the commercial airport radar system industry as new technologies must seamlessly integrate with the existing air traffic management infrastructure. Ensuring a smooth transition without disruptions demands meticulous planning and coordination. Compatibility issues, data synchronization, and the need for system-wide interoperability can complicate the integration process. Successful resolution of these challenges requires robust project management, technical expertise, and collaboration among stakeholders to optimize the efficiency of radar systems within the broader aviation ecosystem.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size for commercial airport radar system was valued at USD 5.1 Billion in 2022 and is estimated to register a CAGR of over 8% between 2023 & 2032, backed by the increased government investments in bolstering safety measures.

In 2022, the air traffic control segment held a market share of 42%. The growth in this segment is attributed to radar systems equipped with advanced features and unparalleled accuracy, optimizing air traffic management, ensuring efficient control of arriving and departing aircraft.

North America commercial airport radar system market held a revenue share of over 37% in 2022 and will continue to grow, backed by the modernization initiatives aimed at upgrading airport infrastructure.

BAE Systems plc, Blighter Surveillance Systems Limited, DeTect, Inc, Easat Radar Systems Ltd., ELDIS Pardubice, s.r.o., Hensoldt AG, Honeywell International Inc., Indra Sistemas, S.A., NEC Corporation, and RTX Corporation among others.