Wednesday, January 10, 2018

Increasing Incidents of Runway Incursions to Impel the Growth of Global Airport Surveillance Radar Market in Future, According to Research Nester

The global airport surveillance radar market is segmented into application such as civil airports and military airports. Among these segments, civil airport segment is expected to occupy the top position in global airport surveillance radar market. Further, increasing investment in the construction of civil airports by the government of various nations is projected to supplement the growth of civil airport surveillance radars segment. Moreover, government of various nations such as India and U.K. are planning to deploy surveillance and various other security systems owing to the recent disruptions caused by flying drones in airports.

Global airport surveillance radar market is expected to flourish at a significant CAGR of 4.8% over the forecast period. Factors such as government policies to enhance the airport security, heavy usage in military airports and technological advancements are believed to impel the growth of the global airport surveillance radar product market. Moreover, the Global Airport Surveillance Radar Market is expected to garner noteworthy revenue by the end of 2024.

North America captured the largest market share in overall airport surveillance radar market in 2016. Presence of large number of airports in the region is anticipated to strengthen the growth of the airport surveillance market. Moreover, rising number of airport traffic control towers is expected to intensify the demand for airport surveillance radar in North America. U.S. is the key contributor to the global airport surveillance radar market. According to U.S. Federal Aviation Administration, the number of air traffic control centers was 521 in 2017. Asia Pacific is also expected to showcase significant growth in the airport surveillance radar market. Factors such as increasing investment on the development of airports and strengthening of military airports are anticipated to foster the growth of the airport surveillance radar market.
09/01/18 Research Nester/OpenPR

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