This article is a comprehensive study about Airport surveillance radar system market, its drivers, hindrances, growth opportunities, and market analysis of different segments.
Airport surveillance radar system(ASR) is installed in airports to identify the position of the aircraft in the airspace around airports.
The increasing number of fatalities have brought government concern towards passenger safety and making them upgrade their poor surveillance to advanced surveillance.
Under trained personnel leads to improper management of the air services which can be a major threat to the market.
Increasing concern about air accidents due to birds, and other climatic change, and an increase in a number of air commuters have boosted the demand for air safety with advanced technology.
Investments in R is being done to implement satellite-based surveillance for better air surveillance.
Airport Surveillance Radar Market was valued US$ 1.2Bn in 2017 and is expected to reach US$ 2.0Bn by 2026 at a CAGR of about 6.59% during a forecast.Global Airport Surveillance Radar Market is segmented into by vehicle type, by sales channel, by product type, and by region.
Based on vehicle type, Airport Surveillance Radar Market is classified into Passenger Cars, Light commercial vehicles & Heavy Commercial vehicles.
In product type are divided into Electronic Stability Control, Adaptive Cruise Control, Anti-lock Braking System, Differential Slip Control & Traction Control System.
Global Industry Analysis and forecast 2018-2026.Global Airport Surveillance Radar MarketDriving factors for Airport Surveillance Radar Market are growing demand for air travel has generated the need for next-generation technologies, increase in defines budgets and integration of satellite navigation system with airport surveillance radar and aviation investors had started to implement satellite-based technologies to improve their air navigation surveillance-related operations will boost the demand for airport surveillance radar market.Financial inconveniences and emerging competitors can hamper the growth of the Airport Surveillance Radar Market.In terms of product, Secondary Radar segment shares the largest market during the forecast period.
Secondary radar is a most preferred cause of it provides more detailed information with less effort, increase throughput by allowing aircraft to be closer together, increasing utilization of the controlled airspace and thus allowing many more take-offs and landings in a given time will be key opportunity to boost the demand for airport surveillance market.In terms of end-user, civil airports segment is projected to grow at fastest during the forecast period.
The rise in the traveling industry has generated more business via international and domestic flight service.