Airport Surveillance Radar Market  Forecast From 2019 to 2024
DESCRIPTION As per the latest reports by Knowledge Sourcing Intelligence, The global airport surveillance radar is projected to grow at a CAGR of 7.05% to reach US$592.624 million by 2024 from US$393.765 million in 2018. An airport surveillance radar system is a system which 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 which is expected to drive the demands for these radars. In addition, there is a lack of trained personnel at present and this may pose a threat to hindering the market growth during the forecast period due to improper management of the air services by the unskilled manpower.
Key Questions Answered By The Report What will be Airport Surveillance Radar Market from 2019 to 2024? How are the major drivers and restraints affecting the Airport Surveillance Radar Market. growth and the opportunities which exist for key vendors? Which segment and region will drive or lead the market growth and why? A comprehensive analysis of competitive landscape and key market participant’s behavior Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Segments Covered Under Airport Surveillance Radar Market are : By Type Primary Radar Secondary Radar By Component Radar Unit Other Telecommunication Components
Geography
North America
USA
Mexico
South America
Europe
Middle East and Africa
Asia Pacific
China
India
Others
COMPANY PROFILES Harris Corporation Thales Group Lockheed Martin Corporation Raytheon Company BAE Systems Northrop Grumman Corporation Indra.
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