PUNE, MAHARASTRA, INDIA, July 3, 2020 /EINPresswire.com/ —
WiseGuyReports.com Publish A New Market Research Report on –“ Airport Surveillance Radar Market: Future Technology, Growth , Trends and Opportunities and Key Players Analysis 2025”.
The global airport surveillance radar market is expected to exhibit a CAGR of 6.49% during the study period of 2019 to 2025. North America has dominated the global market in 2018, followed by Europe owing to the rising expenditure and the development of new and existing airports. In 2018, North America was accounted for the market share of 36.19% of the global airport surveillance radar market and valued at USD 462.9 million. The air traffic controllers (ATC) use airport surveillance radar to supervise and operate aircraft movement on the ground and in the air.
The global airport surveillance radar market is evaluated to rise at a substantial pace owing to an increase in the number of airports across the globe. The market growth is attributed to the increase in investments in the defense of developing economies such as China and India and the rising development of new and existing airports.
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Major Key Players of Airport Surveillance Radar Industry:
The key players in the Global Airport Surveillance Radar Market are BAE Systems (UK), Northrop Grumman Corporation (US), Thales Group (France), Raytheon Company (US), NEC Corporation (Japan), HENSOLDT (Germany), Shoghi Communications Ltd (India), TERMA (Denmark), ASELSAN AS (Turkey), East Radar Systems Limited (UK), Airbus SAS (Netherlands), Lockheed Martin Corporation (US), Leonardo SpA (Italy), L3Harris Technologies, Inc. (the US), Intelcan Technosystems Inc. (Canada), Blighter Surveillance Systems Ltd (UK), DeTect, Inc (US), Saab AB (Sweden), Israel Aerospace Industries Ltd (Israel), Telephonics Corporation (US), and Indra Sistemas, SA (Spain).
The report offers an elaborate database with respect to the latest advancements along with technological innovations that are influencing the industry. This is in addition to review of the impact these disruptions can have on the growth potential of the market. The major focus is on the present business status and the current headways, methodology changes as well as potential entryways within the global Airport Surveillance Radar market. In addition to this, the price margins along with the barriers that the key manufacturers are expected to face in the years to come are also reported. The consistently changing market dynamics have been studied by the analysts, while considering the base year to be 2019, and the forecast period’s last year to be 2025.
Key Boosters & Challenges of Airport Surveillance Radar Market Report
Beside the extensive appraisal of the primary dynamics that affect the global Airport Surveillance Radar market, the market study also highlights the pricing record, volume trends and the possible market size during the conjectured timeline. The challenges, key boosters as well as opportunities have been carefully covered, to provide an enhanced understanding of the overall industry.
Regional Overview of Airport Surveillance Radar Market Size
The major threats, strengths, inadequacies and opportunities in the Airport Surveillance Radar market have been elucidated in the study, while considering certain regions across the globe. Across these regions, many of the top vendors are working on expanding their presence and elevate their profits. They are using some of the most effective marketing strategies such as partnerships and agreements, to boost their market position across these regions. The regions that have been taken in account while studying the global Airport Surveillance Radar market and its expansion prospects in the near future include the Middle East & Africa, Latin America, Asia Pacific, North America and Europe. These regions are widely covered, keeping in mind the current as well as the expected trends that can shape the market size in the coming years.
Method of Research of Airport Surveillance Radar Industry
The study of the Airport Surveillance Radar market provides the latest hands-on data, after a careful analysis performed by the experts. Our experts have made use of the Porter’s Five Force Model’s parameters to conduct an intricate review of the market. The market leaders such as CEOs, marketing teams and more have provided their valuable inputs regarding the recent norms and developments that are projected to induce market growth. The report also sheds light on the key companies in the market and their chain networks spread around the globe. A detailed study of the parent industry, combined with the growth prospects, governing aspects as well as macro-economic factors are also focused on, with respect to the market segmentation. The market analysis has been performed with the use of two major techniques, namely primary as well as secondary. Both these methods have aided our experts in offering a better perspective of the Airport Surveillance Radar market, while taking into consideration the weaknesses, threats, strengths and opportunities within the worldwide market.
Table of Contents – Major Key Points
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Insights
5 Market Dynamics
6 Market Factor Analysis
7 Global Airport Surveillance Radar Market, By Type
8 Global Airport Surveillance Radar Market, By Application
9 Global Airport Surveillance Radar Market, By Region
10 Competitive Landscape
NOTE : Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 footprints for a better analysis of markets and industries. Cordially get in touch for more details.
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Source: EIN Presswire