Press release
Airport Runway Safety System Market: Rising Disposable Income Coupled With Increasing Business Activity Fuels The Rise of Domestic and International Air Travel
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Flight crew members face interruption and distraction in air operation, and these kinds of miscommunication adversely impact the safety measures of airport runways. These interruptions cause difficulty in air transportation. This, in turn, is estimated to hinder the the airport runway safety system market during the forecast period. Application of smart technology in airport runway maintenance is a growing trend; however, high installation and maintenance cost of smart technology for runway safety measures is anticipated to restrain the airport runway safety system market during the forecast period.
Government has adopted several initiatives toward the safety measure of airport runway system. Development of air transport infrastructure attracts significant investment from public and private organizations. Development of structural innovation for safe take-off and landing of aircraft is projected to fuel the airport runway safety system market during the forecast period.
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In terms of system, the global airport runway safety system market can be segmented into radar & landing system and lighting system. The radar & landing system segment dominated the market and it is likely to maintain its dominance of the market during the forecast period. Radar & landing system enhances the navigation and provides effective measures for air traffic control. Considerable technological advancement in radar & landing system helps improve the surveillance to the pilot, thus projecting a high demand for global airport runway safety systems. Varied safety measures for aircraft take-off and landing and related technological breakthrough are anticipated to propel the global airport runway safety system market during the forecast period.
Transparency Market Research (TMR) is a next-generation provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations
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Airport Runway Safety System
Runway safety involves safe and reliable. Airport runway safety systems ensures safe and reliable flight operations from take-off to landing through providing guidance to ATCs and pilots. This is done by analyzing the detected data of runways and taxiways to take necessary steps in action while avoiding runway incursions, excursions, and confusions.
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