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 size, growth, share, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What is All-weather Landing System?
The all-weather landing system is a highly accurate runway approach method designed to assist aircraft in landing safely, even in challenging weather conditions. It incorporates various components such as the instrument landing system (ILS), microwave landing system (MLS), ground-based augmentation system (GBAS), and several visual elements like approach, runway, and taxiway lighting. By providing precise lateral and vertical guidance signals, this system enables pilots to navigate and land their aircraft on runways during adverse weather circumstances. The all-weather landing system is particularly valuable in low visibility and zero visibility situations, offering optimal operational capability. It plays a crucial role in ensuring precise navigation guidance for aligning and descending aircraft during the approach to a runway, facilitating blind landings and enhancing pilot assistance in landing their aircraft accurately.
How big is the All-weather Landing System Market?
The global all-weather landing system market size reached US$ 1.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.0 Billion by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
What are the growth prospects and trends in the All-weather Landing System industry?
The global market for all-weather landing systems is experiencing significant growth, primarily driven by the increasing air traffic and the rise in commercial plane movements worldwide. The adoption of autopilot landing techniques, which effectively monitor and measure various parameters like heading, altitude, airspeed, and distance to ensure safe landings in adverse weather conditions and low visibility, is also contributing to market expansion. The application of precision runway processes is increasing due to changing environmental conditions, leading to improved airplane security and serving as a key growth factor. Furthermore, the introduction of advanced global positioning systems (GPS) that offer radio-based navigation and enable more accurate and efficient aircraft approaches, resulting in reduced travel times and fewer delays, is further boosting the global market. Integration of next-generation en-route automation modernization (ERAM) techniques to manage the growing number of air travelers and enhance modernization processes at airports is also positively impacting market growth. Additionally, extensive research and development (R&D) activities and the launch of government initiatives aimed at enhancing aviation safety are expected to fuel the all-weather landing system market during the forecast period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Type Insights:
- Microwave Landing System (MLS)
- Ground-based Augmentation System (GBAS)
- Instrument Landing System (ILS)
Application Insights:
- Commercial Service Airport
- Non-Commercial Service Airport
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- 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
Key highlights of the Report:
- Market Performance (2018–2023)
- Market Outlook (2023–2028)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
