This report provides forecast and analysis of the airport surveillance radar market which is estimated to grow at a CAGR of 7.05% over the period of 2018-2024.

The airport surveillance radar market is poised to grow during the coming years on account of significant growth in the air traffic due to a surge in the tourism sector at the global level. In addition, the growing number of fatalities in the aviation industry owing to poor surveillance has led the governments across the globe to invest heavily in the equipment of the latest surveillance technology. Furthermore, the increasing military expenditure in the major regions for the advancement of technology and a strong defense due to growing security threats in many countries are also anticipated to amplify the growth of the market for the coming years. The rising disposable income, on the other hand, is further leading to burgeoning growth in the tourism sector which is further leading to the increasing investments in the expansion and constructions of airports of various developed economies around the world, thus also expected to positively impact the growth of the market. Moreover, the increasing investments by major developing countries for uplifting their air transport infrastructure is also one of the factors which are anticipated to drive the demand for these radar systems and add up to the growth of the market. As per the data from OECD the air transport infrastructure spending in China increased from 9,953,464,625 Euros in 2010 to 31,433,791,175 Euros by 2017. Geographically, the market has been segmented into North America, South America, Europe, Middle East and Africa, and Asia Pacific. The Asia Pacific region is projected to hold a noteworthy market share on account of the rapid rise in the investments, both public and private, in the construction of new airports in countries like China and India. North America and Europe are projected to grow substantially over the forecast period on account of early adoption of technology and growing requirements for the up-gradation of age-old transport infrastructure.



Some of the major players covered as part of the report are Harris Corporation, Thales Group, Lockheed Martin Corporation, Raytheon Company, and BAE Systemsamong others.

This report segmented the airport surveillance radar market on the basis following terms:
• By Type
o Primary Radar
o Secondary Radar

• By Component
o Radar Unit
o Other Telecommunication Components

• By Geography
o North America
 USA
 Mexico

o South America

o Europe

o Middle East and Africa

o Asia Pacific
 China
 India
 Others

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