PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1775599
PUBLISHER: Knowledge Sourcing Intelligence | PRODUCT CODE: 1775599
The airport surveillance radar market is expected to grow from US$7,002.716 million in 2025 to US$10,338.010 million in 2030, at a CAGR of 8.10%.
An airport surveillance radar system is a system that is used at airports to identify and exhibit the position of an airplane in aerospace around airports. It is used to monitor air traffic around the airport.
This system controls traffic inside a radius of 30 to 50 nautical miles (56 to 93 km) of the air terminal and can detect and track aircraft at altitudes less than 25,000 feet. The growing air traffic on account of growth in the travel and tourism industry, coupled with the growing safety concerns regarding passenger safety, is one of the prime factors expected to drive the demand for these radars. Growing fatalities in the aviation industry due to poor surveillance have led governments across the globe to equip advanced surveillance technology. Furthermore, growing investment in the defense sector to keep advanced technology is also expected to propel the market for primary radar systems on account of growing security threats in many countries. In addition, there is a lack of trained personnel at present. This may pose a threat to hindering the market growth during the forecast period due to improper management of air services by an unskilled workforce. However, the continuous technological advancements in surveillance technology in the case of both the components and the systems, coupled with the adoption of the latest technology worldwide, are expected to be an opportunity for this market to grow during the forecast period.
By type, the global airport surveillance radar market is segmented into primary radar and secondary radar. The primary radar segment is expected to witness substantial growth during the forecast period on account of increasing investments in the expansion of airports by the governments of developing countries. Furthermore, increasing air traffic and increasing safety concerns for passengers are also driving the market for these radars. However, the segment secondary radars are also expected to witness a high CAGR owing to their application along with the primary radar.
By component, the global airport surveillance radar market is segmented into radar units and other telecommunication components. The segment for radar units is expected to have a significant share during the forecast period on account of its durability and longevity. Furthermore, increasing investments in the construction of new airports and the adoption of the latest radar systems are the factors that are expected to anticipate the demand for radar units. However, the segment of other telecommunication components is expected to grow at a substantial rate because of the replacement of components, and software upgrades, followed by only the component up-gradation in various developing countries for the adoption of the latest technology.
By geography, the global airport surveillance radar market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. APAC dominates the global airport surveillance market owing to the rapid rise in investments, both public and private, in the construction of new airports in countries like China and India. The growing travel and tourism industry in this region, coupled with rising disposable incomes, is boosting air passenger traffic, thus positively impacting the growth of the airport surveillance radar market in the region. Growing trade volume further boosts cargo activity, which also contributes to the growth of the APAC Airport Surveillance Radar market during the forecast period. North America and Europe will witness a considerably low market growth rate on account of the lack of investments in new airports, even though there has been a lack of investments in the up-gradation of existing airports to handle rising air passenger as well as cargo traffic.
Segmentation
The global airport surveillance radar market has been analyzed through the following segments:
Companies Profiled