All-weather Landing System Market to hit USD 2.0 Billion by 2028
Industry Overview of All-weather Landing System Market
IMARC Group, a leading market research company, has recently releases report titled “All-weather Landing System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global all-weather landing system market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is an All-weather Landing System?
An all-weather landing system represents a precision runway approach that provides precision lateral and vertical guidance signals to aircraft for landing on the runway under conditions or adverse weather circumstances. It comprises an instrument landing system (ILS), microwave landing system (MLS), ground-based augmentation system (GBAS), and numerous visual components, including approach, runway, and taxiway lighting. All-weather landing system offers optimum operational capability in low and zero visibility. It also aids in precision navigation guidance for exact alignment and descent of aircraft on approach to a runway and hence helps pilots in landing aircraft, such as blind landings.
How big is the All-weather Landing System market?
|Market Size in 2022||US$ 1.5 Billion|
|Market Forecast in 2028||US$ 2.0 Billion|
|Growth rate (2023 to 2028)||CAGR of 5.1%|
|Base Year of the Analysis||2022|
What are the growth prospects and trends in the All-weather Landing System industry?
The increasing air traffic and the growing commercial plane movements across the globe are among the key factors driving the all-weather landing system market. Moreover, the widespread adoption of autopilot landing techniques that help in effectively monitoring and measuring the heading, altitude, airspeed, and distance of aircraft to ensure safe landing during adverse climatic conditions and low visibility is also stimulating the market growth. Besides this, the increasing application of this precision runway process, on account of the changing environmental conditions that improve airplane security, are acting as significant growth-inducing factors. Furthermore, the introduction of an advanced global positioning system (GPS) that provides radio-based navigation and enables accurate and better-organized aircraft approaches that result in quicker travel times with fewer delays is further propelling the global market. Apart from this, the integration of next-generation en-route automation modernization (ERAM) techniques to manage the growing population of air travelers and increasing modernization processes at airports are positively influencing the market growth. Additionally, extensive research and development (R&D) activities and the launch of several government initiatives to enhance aviation safety are anticipated to fuel the all-weather landing system market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
- Microwave Landing System (MLS)
- Ground-based Augmentation System (GBAS)
- Instrument Landing System (ILS)
- Commercial Service Airport
- Non-Commercial Service Airport
- North America
- United States
- Asia Pacific
- South Korea
- United Kingdom
- Latin America
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- Advanced Navigation and Positioning Corporation
- Honeywell International Inc.
- Indra Sistemas S.A.
- Leonardo S.p.A.
- Mopiens Inc.
- NEC Corporation (AT&T Inc.)
- Raytheon Technologies Corporation
- Systems Interface Limited
- Thales Group
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
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