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Instrument Landing System Market Expansion Outlook: $2.34 Billion in 2029
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.What Is the Projected CAGR for the Instrument Landing System Market from 2024 to 2025?
In recent years, the market size for the instrument landing system has been expanding significantly. An increase from $1.78 billion in 2024 to $1.89 billion in 2025 is projected, reflecting a compound annual growth rate (CAGR) of 5.8%. The growth that has been witnessed in the historical period can be traced back to factors such as the progress in aviation safety, adherence to regulatory standards, a global surge in air traffic, breakthroughs in radio navigation, the modernizing of airports, better operations in all weather conditions, and the integration of military and civilian aviation.
What are the Expected Market Size and CAGR for Instrument Landing System by 2029?
The market size of the instrument landing system is projected to exhibit substantial increase in the coming years, escalating to $2.34 billion by 2029 with a Compound Annual Growth Rate (CAGR) of 5.5%. This promising growth during the forecast period can be ascribed to factors such as a decrease in landing delays, advancements in air traffic management, initiation of precision approach path indicators (PAPI), use of ground-based augmentation systems (GBAS), global boom in low-budget carriers, need for green aviation, and improved cybersecurity protocols. Notable trends forecasted to emerge in this period include the shift to accuracy landing systems, incorporation of global navigation satellite systems (GNSS), usage of dual-frequency ILS, upgradation of current ILS infrastructure, adoption of led technology in ILS elements, and mutual efforts towards standardization.
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Which Factors Are Driving the Global Instrument Landing System Market Expansion?
As air traffic continues to grow, it is anticipated to boost the instrument landing system market. Air traffic refers to the quantity of aircraft that are in the air simultaneously. The lowering of COVID-19 restrictions and the escalating affordability of air travel have led to a greater number of individuals choosing to fly in comparison to the past years. This surge in air traffic necessitates safer landing methods, which are ensured through instrument landing systems. Consequently, the expansion in air traffic is pushing the instrument landing system market forward. For example, the International Civil Aviation Organization (ICAO), a United Nations aviation body, reported a 65% increase in the number of passengers flown from January to April 2022 as opposed to the same timeframe in 2021. Additionally, there was a 30% increase in aircraft flight departures. As such, the rise in air traffic is fueling the progress of the instrument landing system market.
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Which Segment Currently Holds the Largest Share of the Instrument Landing System Market?
The instrument landing system market covered in this report is segmented -
1) By Type: Category I, Category II, Category III
2) By Technology: light-Emitting Diode (LEDs), Incandescent Lamps
3) By Application: Civil Airport, Military Airport
Subsegments:
1) By Category I (CAT I): Precision Approach Procedures, Decision Height (DH) Typically Greater Than 200 Feet
2) By Category II (CAT II): Precision Approach Procedures, Decision Height (DH) Between 100 To 200 Feet
3) By Category III (CAT III): CAT IIIA: No Decision Height (DH) Requirement, CAT IIIB: No DH And Typically Visibility Less Than 50 Meters, CAT IIIC: No DH And No Visibility Requirement
Which Major Trends Are Shaping the Future of the Instrument Landing System Industry?
The increasing advancements in technology are a major trend gaining traction in the instrument landing system market. Key market players are introducing new tech innovations to maintain their market standing. In October 2023, the Airports Authority of India, a significant Indian organization overseeing the management and development of civil aviation infrastructure, launched a category-I instrument landing system (ILS) for its runway. This system upgrades the runway into a precision approach runway, enabling aircraft to land safely in challenging visibility conditions like heavy rainfall or fog. It offers precise lateral and vertical guidance to pilots during their landing phase, enhancing safety and mitigating accident risks. The ILS also allows nighttime operations, thereby extending the airport's operational hours and offering greater flexibility in flight schedules. The installation of the ILS significantly reduces the possibilities of flight diversions due to unfavorable weather conditions and ensures more dependable transportation for travelers.
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Which Key Players Dominate the Instrument Landing System Industry Globally?
Major companies operating in the instrument landing system market are Thales Group, Collins Aerospace, Honeywell International Inc., Universal Avionics Systems Corporation, Calzoni SRL, ADB Safegate BVBA, Multi Electric Manufacturing Inc., Airport Lighting Specialists, ATG Airports Limited, Astronics Corporation, Saab AB, Advanced Navigation & Positioning Corporation, Systems Interface Limited, L3Harris Technologies Inc., Lufthansa Systems GmbH & Co. KG, NEC Corporation, Indra Navia AS, API Technologies Corp., Liberty Airport Systems Inc., Azimut JSC, BAE Systems PLC, Cobham PLC, Frequentis AG, Harris Corporation, Intelcan Technosystems Inc., Leonardo S.p.A., Northrop Grumman Corporation, Raytheon Company, Rockwell Collins Inc.
What Are the Fastest-Growing Regions in the Instrument Landing System Market?
North America was the largest region in the instrument landing system market in 2024. The regions covered in the instrument landing system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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