Airport Surveillance Radar Market - Forecasts from 2022 to 2027

The global airport surveillance radar market is projected to grow at a CAGR of 6.76% to reach US$504.181 million by 2027 from US$318.927 million in 2020.

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 defence 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 was expected to hold a significant share in 2018 and 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 as 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 adoption of the latest technology.

By geography, the global airport surveillance radar market is segmented as 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.

Key Developments:

• In 2021, Clark International Airport Corp. (CIAC) acquired a new site for the installation of the primary and secondary surveillance radar. This radar facility project, for Clark airport, costs P593.6-million and is expected to be completed by February 2023.
• Indian Ministry of Defence signed a contract with M/s Mahindra Telephonics Integrated Systems Ltd. to procure 11 Airport Surveillance Radars for Indian Navy & Indian Coast Guard.

COVID-19 Impact

COVID-19 Pandemic has negatively impacted the overall market growth owing to the nationwide lockdown restrictions and strict government regulations. Due to the lockdown restrictions imposed by the government of various countries, people were not allowed to travel the number of flights sharply declined, tourism and travel industry were severely impacted by the pandemic which in turn has affected the overall market growth. However, the market is growing after the lift from the travel ban and after vaccination people are allowed to move, travel and tourism industry is surging back which is positively impacting the overall market growth.

The major players profiled in the global airport surveillance radar market include Harris Corporation, Thales Group, Lockheed Martin Corporation, Raytheon Company, BAE Systems, Northrop Grumman Corporation, and Indra.

Segmentation

The global airport surveillance radar market has been analyzed through the following segments:

By Type

• Primary Radar
• Secondary Radar

By Component

• Radar Unit
• Other Telecommunication Components

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Europe
• United Kingdom
• Germany
• France
• Spain
• Middle East and Africa
• Saudi Arabia
• Israel
• UAE
• Asia Pacific
• China
• Japan
• India
• South Korea