All-Weather Landing System Market Report 2024 Latest Insights, Growth Rate, Future Trends And Forecast | Key Players : Raytheon Technologies Corporation, Honeywell International Inc., NEC Corporation, Collins Aerospace

"The new report published by The Business Research Company, titled ""All-Weather Landing System Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the all-weather landing system market size has grown strongly in recent years. It will grow from $1.56 billion in 2023 to $1.66 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The all-weather landing system market size is expected to see strong growth in the next few years. It will grow to $2.19 billion in 2028 at a compound annual growth rate (CAGR) of 7.2%.

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Increasing Air Passenger Numbers Driving Growth In The All-Weather Landing System Market
The increasing number of air passengers is expected to propel the growth of the all-weather landing system market going forward. Air passengers are individuals who travel on commercial or private aircraft as passengers. The increased number of air passengers is due to economic growth, expanding travel opportunities, and improved accessibility to air transportation services. Air passengers utilize all-weather landing systems to ensure safer and more reliable landings even in adverse weather conditions, enhancing overall flight accessibility and operational efficiency. For instance, according to Eurostat, a Luxembourg-based statistical office of the European Union (EU), in 2022, the European Union witnessed a significant surge in air travel, with the total number of passengers reaching 820 million, an increase of 119.3% compared to 2021. Therefore, increasing air passengers is expected to propel the all-weather landing system market.

Innovations In Advanced Aircraft Technology Enhancing Safety And Precision
Major companies operating in the all-weather landing system market are developing advanced aircraft vision technology solutions, such as helicopter vision suites for military helicopters, to serve customers with advanced features better. The helicopter vision suite for military helicopters is an innovative helicopter vision suite that enables pilots to see through the body of the aircraft, providing them with a real-time, clear, colored wide field of view during day and night, in challenging weather and visibility conditions. For instance, in July 2022, Elbit Systems, an Israel-based military technology company, launched a helicopter vision suite for military helicopters. This advanced suite integrates a state-of-the-art sensor array, an AI-driven mission computer, and an innovative helmet-mounted display (HMD) system. With this new suite, helicopter pilots can peer through the aircraft's structure, offering them a real-time, vividly colored wide field of view even in adverse weather and visibility conditions, day and night.

The all-weather landing system market covered in this report is segmented -

1) By Components: Hardware, Software
2) By Type: Microwave Landing System (MLS), Ground-Based Augmentation System (GBAS), Instrument Landing System (ILS)
3) By Airport: Commercial Service Airport, Non-Commercial Service Airport

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Major companies operating in the all-weather landing system market are Raytheon Technologies Corporation, Honeywell International Inc., NEC Corporation, Collins Aerospace, L3Harris Technologies, Leonardo S.p.A., Thales Defense & Security Inc., Teledyne Technologies Incorporated, Indra Navia AS, Indra Sistemas S.A., Saab AB, Cobham plc, Sierra Nevada Corporation, Astronics Corporation, Universal Avionics Systems Corporation, ADB SAFEGATE, OCEM Airfield, Systems Interface Limited, Advanced Navigation and Positioning Corporation, Mopiens Inc.

Contents of the report:
1. Executive Summary
2. All-Weather Landing System Market Report Structure
3. All-Weather Landing System Market Trends And Strategies
4. All-Weather Landing System Market - Macro Economic Scenario
5. All-Weather Landing System Market Size And Growth
…..
27. All-Weather Landing System Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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