Press release
Commercial Airport Radar System Industry to See Robust Expansion, Valued at $8.04 Billion by 2029
Commercial Airport Radar System
What Is the Projected CAGR for the Commercial Airport Radar System Market from 2024 to 2025?
In recent times, the market size for commercial airport radar systems has seen a significant surge. The market, which stands at $5.65 billion in 2024, is predicted to escalate to $6.12 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 8.4%. Factors like government initiatives, the advent of smart airports, a rise in both the volume and complexity of air traffic, along with an increasing demand for surveillance radar systems due to security worries, have all made considerable contributions to this growth during the historic period. Additionally, the necessity for enhanced precision in approach and landing has also fueled this market growth.
What are the Expected Market Size and CAGR for Commercial Airport Radar System by 2029?
Anticipated robust growth is on the horizon for the commercial airport radar system market, as it's projected to reach a value of $8.04 billion by 2029, showcasing a compound annual growth rate (CAGR) of 7.0%. This anticipated growth during the forecast period is primarily due to a burgeoning need for runway intrusion prevention, significant increased governmental allotments towards airline safety technology, the escalating volume of worldwide air traffic, intense desire for meteorological radar systems at airports, and swift development of aviation infrastructure across emerging economies. Moreover, within the forecast period, the market is expected to be shaped by several significant trends such as adoption of high-grade radar technology, enhancements in threat detection and management capabilities, technological progress, integration of artificial intelligence and machine learning into radar systems, and transitioning to next-generation radar systems.
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Which Factors Are Driving the Global Commercial Airport Radar System Market Expansion?
Expected growth in the commercial airport radar system market could be driven by the increasing demand for runway incursion prevention and weather monitoring measures. Runway incursion prevention denotes steps taken to avert accidents caused by unauthorized entry or deviation of an aircraft, vehicle or individual from the designated runway area. Weather monitoring encompasses recording and forecasting weather situations to ensure the safe operation of aircraft. Commercial airport radar systems are designed to meet the growing demand for these two services, offering sophisticated radar solutions that improve safety, situational awareness, and operational efficiency in commercial airport settings. The U.S. Federal Aviation Administration (FAA), a government agency, reported in December 2023 that the year saw 1,756 runway incursions - 26 more than the previous year. This equates to a 1.5% annual increase and underlines the surging demand for runway incursion prevention and weather monitoring, factors that are fueling the growth of the commercial airport radar system market.
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Which Segment Currently Holds the Largest Share of the Commercial Airport Radar System Market?
The commercial airport radar system market covered in this report is segmented -
1) By Type: Surveillance Radar, Surface Movement Radar, Precision Approach Radar, Weather Radar
2) By Range: Short-Range, Medium-Range, Long-Range
3) By Application: Air Traffic Control, Surface Movement Monitoring, Precision Approach And Landing, Weather Monitoring, Wind Shear Detection, Other Applications
Subsegments:
1) By Surveillance Radar: Primary Surveillance Radar (PSR), Secondary Surveillance Radar (SSR)
2) By Surface Movement Radar: Ground-Based Surface Movement Radar, Airport Surface Detection Equipment (ASDE)
3) By Precision Approach Radar: Monopulse Precision Approach Radar (MPAR), Long-Range Precision Approach Radar
4) By Weather Radar: Doppler Weather Radar, C-Band Weather Radar, X-Band Weather Radar
Which Major Trends Are Shaping the Future of the Commercial Airport Radar System Industry?
Leading businesses in the commercial airport radar system sector are focusing on the development of cutting-edge products, incorporating sophisticated technologies like dual-polarization. This innovative technology allows for the concurrent transmission and reception of electromagnetic waves in two distinct orthogonal polarizations, namely right-handed circular polarization (RHCP) and left-handed circular polarization (LHCP). For instance, in November 2023, Kuching International Airport (KIA) in Malaysia introduced a weather radar system leveraging dual-polarization. The system offers various data services such as high-definition Radio Doppler Radar and SiriusXM weather info viewing, fuel price updates, and stock news. The Doppler Radar system boosts the airport's performance by providing precise weather condition details within its range. Its key objective is to promote aviation safety and boost airport operational capacities. The radar system update highlights the airport's dedication towards infrastructure modernization and the assurance of safe and efficient air traffic operations.
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Which Key Players Dominate the Commercial Airport Radar System Industry Globally?
Major companies operating in the commercial airport radar system market are Raytheon Technologies Corporation, Northrop Grumman Corporation, BAE Systems Plc, Thales Group, Leonardo S.p.A., Wipro Limited, Harris Corporation, Honeywell International Inc., Saab AB, lndra SistemasS.A., Hensoldt AG, NEC Corporation, JMA Solutions LLC, Frequentis AG, Terma A/S, Telephonics Corporation, Selex ES Inc., DeTect Inc., Intelcan Technosystems Inc., Micro Nav Limited, GEM elettronica S.r.l., ELDIS Pardubice s.r.o., Easat Radar Systems Ltd., Blighter Surveillance Systems Limited, Cambridge Pixel Ltd., ERA a.s., L3Harris Technologies Inc., M7 Aerospace LLC, Navtech Radar Ltd., Park Air Systems AS
What Are the Fastest-Growing Regions in the Commercial Airport Radar System Market?
North America was the largest region in the commercial airport radar system market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the commercial airport radar system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The key players covered in this study…
