Global Airport Surveillance Radar Market is expected to reach USD 1,986.3 Million by 2025, expanding at a CAGR of 6.49% during the forecast period.

The growth of the global airport surveillance radar market can be attributed to rising military expenditure and growing developments of new and existing airports. However, the high cost of installation and operation is expected to restrain the market growth during the forecast period.

Airport Surveillance Radar Market  Segmental Analysis

The Global Airport Surveillance Radar Market has also been segmented by Type and Application.

Based on type, the global airport surveillance radar market has been divided into primary radars and secondary radars. The primary radars segment dominated the global market. It was valued at USD 861.9 million in 2018 and is anticipated to record a CAGR of 7.07% during the forecast period.

In terms of application, the global airport surveillance radar market has been bifurcated into civil & commercial airports and military airbases & airfields. The military airbases & airfields segment is anticipated to expand at the higher CAGR during the forecast period.

Airport Surveillance Radar Market  Competitive Analysis

Prominent players in the Global Airport Surveillance Radar Market include BAE Systems (UK), Northrop Grumman Corporation (US), Thales Group (France), Raytheon Company (US), Lockheed Martin Corporation (US), Leonardo SpA (Italy), L3Harris Technologies, Inc. (US), Intelcan Technosystems Inc. (Canada), Blighter Surveillance Systems Ltd (UK), NEC Corporation (Japan).

The other companies profiled in the report are HENSOLDT (Germany), Shoghi Communications Ltd (India), TERMA (Denmark), ASELSAN AS (Turkey), Easat Radar Systems Limited (UK), Airbus SAS (Netherlands), DeTect, Inc. (US), Saab AB (Sweden), Israel Aerospace Industries Ltd (Israel), Telephonics Corporation (US), and Indra Sistemas, SA (Spain). Mergers, acquisitions, and collaborations are some of the key strategies adopted by these companies to gain an edge over their competitors.

Airport Surveillance Radar Market  Key Developments

In November 2019, Leonardo SpA signed a contract with the Royal Thai Air Force to provide RAT31DL surveillance radar. The contract enabled the company to strengthen its position in the Asian airport surveillance radar market.

In March 2019, Thales Group signed a contract with the Brazilian Commission for the Implementation of the Airspace Control System (CISCEA) to provide primary and secondary route surveillance radars. The contract will enable the Brazilian Air Force to monitor drug trafficking and smuggling activities in the area.

In June 2017, Thales Group launched TRAC NG, an airport surveillance radar suitable for both civil and military applications. The launch of the product enabled the company to strengthen its position in the airport surveillance radar market.

Airport Surveillance Radar Market: Information by Type (Primary Radars and Secondary Radars), Application (Civil & Commercial Airports and Military Airbases & Airfields) and Region (North America, Europe, Asia-Pacific, Middle East & Africa and Latin America) - Forecast till 2025 @ https://www.marketresearchfuture.com/reports/airport-surveillance-radar-market-6300