Market Size of Commercial Airport Radar Systems Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 5.98 Billion |
| Market Size (2029) | USD 8.57 Billion |
| CAGR (2024 - 2029) | 7.48 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Commercial Airport Radar Market Analysis
The Commercial Airport Radar Systems Market size is estimated at USD 5.98 billion in 2024, and is expected to reach USD 8.57 billion by 2029, growing at a CAGR of 7.48% during the forecast period (2024-2029).
The COVID-19 pandemic had a significant impact on the commercial airport radar systems market, leading to reduced air travel demand, delays in airport infrastructure projects, and constrained budgets for radar system upgrades. As a result, the market experienced a downturn with slower growth and a focus on cost-effective solutions during the pandemic.
Runway incursions pose a great threat to aircraft and human safety. Hence, global aviation is constantly focused on reducing the number of incursions that take place annually. Innovations in surface movement radar that keep track of vehicular traffic, human movement, etc., are supporting the growth of the commercial airport radar systems market. Airport surveillance radar is increasingly in demand and is being placed in airports to reduce aviation accidents. Air travel will become more efficient and safer as technology in the field of surveillance radar advances.
The rapid development of aviation infrastructure in developing economies, such as India and China, due to the increased air traffic resulting from a rising standard of living and low airfares, is propelling the airport and runway development and, subsequently, the market for commercial airport radar systems. The surveillance radar segment is witnessing several innovations, such as 3D technology incorporation, augmented reality for better situational awareness, etc.
Commercial Airport Radar Industry Segmentation
Due to increased air traffic and runway incursions, airport surveillance radar is employed to monitor aircraft positions to control air traffic. The presence of individuals, objects, or vehicles on the ground causes runaway invasions. It interferes with airplane landing and takeoff operations. Airport management installed an airport surveillance radar to identify these objects on the runway and to avoid these problems. The study covers the latest trends and technological developments in radar technology, along with insights into new radar installations and orders placed by different airports across the world. The revenue generated from maintenance and upgrades is also considered for the final market estimation.
The commercial airport radar systems market is segmented by application and geography. By application, the market is segmented into surveillance radar, surface movement radar, precision approach radar, and weather radars. The report also covers the market sizes and forecasts for the commercial airport radar systems market in major countries across different regions. For each segment, the market size is provided in terms of value (USD).
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| Surveillance Radars | |
| Surface Movement Radars | |
| Precision Approach Radars | |
| Weather Radars |
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Commercial Airport Radar Systems Market Size Summary
The commercial airport radar systems market is poised for significant growth over the forecast period, driven by advancements in aviation technology and infrastructure development. The market, which experienced a downturn due to the COVID-19 pandemic, is now rebounding as demand for airport surveillance and surface movement radar systems increases. These technologies are crucial for enhancing safety by reducing runway incursions and improving air traffic management. The integration of innovations such as 3D technology and augmented reality is further propelling the market, particularly in developing regions like India and China, where rapid aviation infrastructure development is underway. The need for weather radars to monitor conditions that could impact flight safety is also contributing to market expansion, as urban pollution and adverse weather events become more prevalent.
The market landscape is semi-consolidated, with several global players like RTX Corporation, NEC Corporation, Indra Sistemas, S.A., Terma A/S, and THALES leading the charge through strategic collaborations and technological innovations. These companies are securing contracts and partnerships to enhance their offerings and expand their market presence. Notable developments include the installation of advanced radar systems in various countries and collaborations to improve air traffic management and safety. The market's growth is supported by high investments in innovation and the increasing demand for state-of-the-art radar systems to support the burgeoning aviation infrastructure worldwide.
Commercial Airport Radar Systems Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Overview
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1.2 Market Drivers
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1.3 Market Restraints
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1.4 Porter's Five Forces Analysis
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1.4.1 Bargaining Power of Suppliers
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1.4.2 Bargaining Power of Buyers/Consumers
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1.4.3 Threat of New Entrants
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1.4.4 Threat of Substitute Products
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1.4.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Surveillance Radars
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2.1.2 Surface Movement Radars
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2.1.3 Precision Approach Radars
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2.1.4 Weather Radars
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.2 Europe
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2.2.2.1 United Kingdom
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2.2.2.2 Germany
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2.2.2.3 France
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2.2.2.4 Italy
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2.2.2.5 Russia
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2.2.2.6 Rest of Europe
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2.2.3 Asia-Pacific
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2.2.3.1 China
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2.2.3.2 India
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2.2.3.3 Japan
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2.2.3.4 South Korea
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2.2.3.5 Australia
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2.2.3.6 Rest of Asia-Pacific
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2.2.4 Latin America
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2.2.4.1 Brazil
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2.2.4.2 Mexico
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2.2.4.3 Rest of Latin America
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2.2.5 Middle East and Africa
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2.2.5.1 United Arab Emirates
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2.2.5.2 Saudi Arabia
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2.2.5.3 Turkey
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2.2.5.4 South Africa
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2.2.5.5 Rest of Middle East and Africa
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Commercial Airport Radar Systems Market Size FAQs
How big is the Commercial Airport Radar Systems Market?
The Commercial Airport Radar Systems Market size is expected to reach USD 5.98 billion in 2024 and grow at a CAGR of 7.48% to reach USD 8.57 billion by 2029.
What is the current Commercial Airport Radar Systems Market size?
In 2024, the Commercial Airport Radar Systems Market size is expected to reach USD 5.98 billion.
