North America Airport Runway FOD Detection Systems Market Forecast to 2031 - Regional Analysis - by Component (Hardware and Services) and End Use (Military Airport and Civil Airport)

Description

List of Tables

The North America airport runway FOD detection systems market was valued at US$ 42.41 million in 2023 and is expected to reach US$ 72.37 million by 2031; it is estimated to register a CAGR of 6.9% from 2023 to 2031.

Surge in Construction of New Airport Terminals, Runways, Taxiways, and Hangars Fuels North America Airport Runway FOD Detection Systems Market

The mounting number of global commercial aircraft fleets is one of the major factors generating the demand for new flights, terminals, runways, and hangars across different airports to cater to the growing passenger traffic worldwide. This fuels the investments from airport authorities to upgrade their respective airport premises to cater to a huge fleet of aircraft, which also improves the overall airport's operational efficiency. The improved efficiency is also attributed to the introduction of low-cost airlines that have supported air passenger traffic worldwide. In March 2023, the Canadian Kelowna City Council announced approval for funding of US$ 90 million for the expansion project of the Kelowna Airport terminal. Several government authorities of different countries have also been planning to construct new airports across their respective countries to enhance the flow of international cargo trade and development of the air travel industry. For instance, in the US, six new airports are currently under construction. Also, in 2022, the Government of India announced its plans to build ~220 airports by the end of 2025.

Thus, the construction of new airport terminals, runways, taxiways, and hangars contributes to the growth of the airport runway FOD detection systems market.

North America Airport Runway FOD Detection Systems Market Overview

The aviation industry plays an important role in facilitating global connectivity and economic development. The demand for efficient and modern airport facilities has been on the rise across the globe. The aviation sector in North America is witnessing significant expansion and developments, responding to the region's growing air travel demands and economic vitality. Key airports, including Hartsfield-Jackson Atlanta International Airport, Los Angeles International Airport, and Dallas/Fort Worth International Airport, are undergoing modernization projects to accommodate increased passenger traffic. The US has the highest number of airports in the world as well as a significant number of airport technology developers. This makes it easier for airport authorities to procure larger quantities of airport technologies or systems, including FOD detection systems, thereby driving the airport runway FOD detection systems market. The report by Airport Council International (ACI-NA) highlighted that North America's airport infrastructure requires $151.1 billion to maintain or expand from 2023 to 2027.

The Federal Aviation Administration's (FAA) ongoing efforts to develop robust and safe airport and runway infrastructure are encouraging airport authorities to invest in advanced technologies such as FOD detection systems. Therefore, the significant need for modernization of airport and runway technologies by the FAA is another key factor driving the market for airport runway FOD detection systems in North America. Moreover, the Canadian Airports Authority and subsequent airport management always emphasize runway maintenance to prevent runway downtime due to runway accidents. To ensure the constant movement of aircraft fleets to and from the airport, airport administrations are installing FOD detection systems on runways, which is boosting the runway FOD detection systems market in the region. A few of the key players operating in the North America airport runway FOD detection systems market include Pavemetrics Systems; QinetiQ; Thales Group; Varec, Inc.; and XSight Systems Ltd.; among others.

North America Airport Runway FOD Detection Systems Market Revenue and Forecast to 2031 (US$ Million)

North America Airport Runway FOD Detection Systems Market Segmentation

The North America airport runway FOD detection systems market is categorized into component, end use, and country.

Based on component, the North America airport runway FOD detection systems market is bifurcated into hardware and services. The hardware segment held a larger North America airport runway FOD detection systems market share in 2023.

In terms of end use, the North America airport runway FOD detection systems market is categorized into military airport and civil airport. The civil airport segment held a larger market share in 2023.

By country, the North America airport runway FOD detection systems market is segmented into the US, Canada, and Mexico. The US dominated the North America airport runway FOD detection systems market share in 2023.

Moog Inc; Pavemetrics; Rheinmetall AG; QinetiQ Group Plc; Thales SA; Xsight Systems Ltd.; Trex Aviation Systems; Varec, Inc.; Smiths Detection Group Ltd. (Smiths Group plc); Infologic Pte Ltd.; Skylarklabs, Inc.; and Hitachi Ltd are some of the leading companies operating in North America airport runway FOD detection systems market.

Product Code: TIPRE00019127

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Secondary Research
3.2 Primary Research
- 3.2.1 Hypothesis formulation:
- 3.2.2 Macro-economic factor analysis:
- 3.2.3 Developing base number:
- 3.2.4 Data Triangulation:
- 3.2.5 Country level data:

4. Airport Runway FOD Detection Systems Market Landscape

4.1 Overview
4.2 Porter's Five Forces Analysis
4.3 Ecosystem Analysis
- 4.3.1 List of Vendors in the Value Chain

5. North America Airport Runway FOD Detection Systems Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Surge in Construction of New Airport Terminals, Runways, Taxiways, and Hangars
- 5.1.2 Rigorous Government Regulations Regarding Aircraft Safety
- 5.1.3 Rise in Investments in New Military Airport Development
5.2 Market Restraints
- 5.2.1 High Cost of Development and Maintenance of FOD Detection Systems
5.3 Market Opportunities
- 5.3.1 Rising Popularity of Smart Airports
5.4 Future Trends
- 5.4.1 Artificial Intelligence-Driven FOD Detection Systems
- 5.4.2 UAVs with FOD Detection Systems for Defense Sector
5.5 Impact of Drivers and Restraints:

6. Airport Runway FOD Detection Systems Market - North America Market Analysis

6.1 Overview
6.2 North America Airport Runway FOD Detection Systems Market Revenue (US$ Million), 2021-2031
6.3 North America Airport Runway FOD Detection Systems Market Forecast Analysis

7. North America Airport Runway FOD Detection Systems Market Analysis - by Component

7.1 Hardware
- 7.1.1 Overview
- 7.1.2 Hardware: Airport Runway FOD Detection Systems Market - Revenue and Forecast to 2031 (US$ Million)
7.2 Services
- 7.2.1 Overview
- 7.2.2 Services: Airport Runway FOD Detection Systems Market - Revenue and Forecast to 2031 (US$ Million)

8. North America Airport Runway FOD Detection Systems Market Analysis - by End Use

8.1 Military Airport
- 8.1.1 Overview
- 8.1.2 Military Airport: Airport Runway FOD Detection Systems Market - Revenue and Forecast to 2031 (US$ Million)
8.2 Civil Airport
- 8.2.1 Overview
- 8.2.2 Civil Airport: Airport Runway FOD Detection Systems Market - Revenue and Forecast to 2031 (US$ Million)

9. North America Airport Runway FOD Detection Systems Market - Country Analysis

9.1 North America
- 9.1.1 North America: Airport Runway FOD Detection Systems Market Breakdown, by Key Countries, 2023 and 2031 (%)
  - 9.1.1.1 North America: Airport Runway FOD Detection Systems Market - Revenue and Forecast Analysis - by Country
  - 9.1.1.2 United States: Airport Runway FOD Detection Systems Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.2.1 United States: Airport Runway FOD Detection Systems Market Breakdown, by Component
    - 9.1.1.2.2 United States: Airport Runway FOD Detection Systems Market Breakdown, by End Use
  - 9.1.1.3 Canada: Airport Runway FOD Detection Systems Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.3.1 Canada: Airport Runway FOD Detection Systems Market Breakdown, by Component
    - 9.1.1.3.2 Canada: Airport Runway FOD Detection Systems Market Breakdown, by End Use
  - 9.1.1.4 Mexico: Airport Runway FOD Detection Systems Market - Revenue and Forecast to 2031 (US$ Million)
    - 9.1.1.4.1 Mexico: Airport Runway FOD Detection Systems Market Breakdown, by Component
    - 9.1.1.4.2 Mexico: Airport Runway FOD Detection Systems Market Breakdown, by End Use

10. Competitive Landscape

10.1 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development

12. Company Profiles

12.1 Moog Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 Pavemetrics
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 Rheinmetall AG
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 QinetiQ Group Plc
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Thales SA
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Xsight Systems Ltd.
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Trex Aviation Systems
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 Varec, Inc.
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Smiths Detection Group Ltd. (Smiths Group plc)
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Infologic Pte Ltd.
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments
12.11 Skylarklabs, Inc.
- 12.11.1 Key Facts
- 12.11.2 Business Description
- 12.11.3 Products and Services
- 12.11.4 Financial Overview
- 12.11.5 SWOT Analysis
- 12.11.6 Key Developments
12.12 Hitachi Ltd
- 12.12.1 Key Facts
- 12.12.2 Business Description
- 12.12.3 Products and Services
- 12.12.4 Financial Overview
- 12.12.5 SWOT Analysis
- 12.12.6 Key Developments

13. Appendix

13.1 About The Insight Partners