Airport Runway FOD Detection Systems Market Projected to be Resilient During 2024-2034
Airport Runway FOD Detection Systems Market Projected to be Resilient During 2024-2034
Blog Article
Market Definition
Foreign object debris (FOD) that includes human artifacts, technical artifacts, and other things on runways can end up hurting airlines, passengers, and airports, resulting in millions of dollars in damages. As a result, FOD detection technologies are being developed to prevent accidents and harm to airlines and their passengers. Navtech, for example, supplies radar’s high-performance FOD150 sensor to identify debris automatically, reducing the strain on employees.
Market Outlook
The global Airport Runway Foreign Object Debris (FOD) Detection Systems Market is projected to grow from $0.1 billion in 2022 to $0.2 billion by 2032, achieving a CAGR of 8.3%. FOD, which includes various human-made objects on runways, poses significant risks to airlines, passengers, and airport operations, leading to substantial financial losses. To mitigate these dangers, innovative FOD detection technologies are being developed. For instance, Navtech’s FOD150 radar sensor automates debris detection, easing the burden on airport staff. Recent advancements include the deployment of the RunWize system at Hamad International Airport and investments in FOD detection systems at KL International Airport. Collaborative efforts, such as those between Plextek Services Limited and Wave Tech, aim to enhance safety with sophisticated detection devices, showcased at Incheon Airport.
Rising partnership initiatives is driving the market growth. Partnership initiatives are becoming more prevalent in the industry, assisting in encouraging market growth. Plextek, for example, collaborated with a South Korean partner to develop radar systems that would provide a cost-effective and scalable platform for fighting the FOD threat. Similarly, Stratech Group Limited announced that its iFerretTM intelligent Airfield/Runway Surveillance and Foreign Object and debris Detection System has been selected for a pilot test of a cost-effective surveillance system at Orlando International Airport. According to the corporation, this deployment will aid in tracking aircraft and ground vehicle movements on the apron, taxiway crossings, terminal, and cargo areas, as well as runways. The project, which aims to improve airport safety, is being carried out by the University of Illinois Centre of Excellence for Airport Technology (CEAT) and the Federal Aviation Administration (FAA) Airport Safety Technology Research and Development Sub-team. As a result, such collaborations aid in meeting the safety and monitoring requirements of FOD detection systems on runways
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Research Objectives
Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region
Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling
Identify factors influencing market growth and challenges, opportunities, drivers and restraints
Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates
Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities
Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market
To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.
Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives
Market Segmentation
The report analyses the global Airport Runway FOD Detection Systems Market based on component, end-use, and region.
Global Airport Runway FOD Detection Systems Market by Component
Based on component, the Airport Runway FOD Detection Systems Market is segmented into hardware, and software. Based on hardware, it is sub-divided into stationary, and mobile. Similarly, the services segment is further sub-segmented into installation, support & maintenance, and training & certification. The hardware segment is expected to dominate the market during the forecast period. Because of increased research and development initiatives to devise new solutions for improving airport and airline employee safety. Furthermore, market participants are taking measures to establish new systems. The use of radar-based and RFID-based systems is gaining popularity among airports..
Global Airport Runway FOD Detection Systems Market by End-Use
By end-use, the market is classified into civil airport, and military airport. The civil airport segment dominated the market in 2022 in terms of revenue and is expected to dominate the market during the forecast period. This is due to increased expenditures in the construction/expansion of new airports, an increase in the number of air passengers, and a greater acceptance rate of implementing FOD detection systems at civil airports..
Geographical Analysis of Global Airport Runway FOD Detection Systems Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America has the biggest market share in terms of Airport Runway FOD Detection Systems Market value followed by Europe. Repairs caused by FODs are projected to cost airlines $ 26 per trip. Globally, the cost spent by the aviation industry owing to FODs, both directly and indirectly, has been estimated to reach around US$ 13 billion per year. In the United States, the FAA mandates airports with air carrier service to undertake daily self-inspections. The FAA’s Advisory Circular (AC) “Airport Safety Self-Inspection” details the procedures airports must follow to detect and remove FODs from runways, loading ramps, aprons, aircraft parking zones, and taxiways.
Recent Developments
In 2020, XSight Systems deployed The RunWize system at Hamad International Airport in collaboration with Bayanat Engineering Qatar. The RunWize technology will be installed on the Hamad international airport’s two parallel runways.
In 2020, KL International Airport (KLIA) recently invested in Foreign Object Debris Detection to boost security outcomes. The airport has announced that the second phase of the high-end field experiment has begun. In 2019, the first test phase launch took place. The study is intended to deploy advanced radars for enhanced foreign object detection.
In 2020, Dyer & Butler, a multi-specialty engineering services business, executed runway maintenance operations and infrastructure modifications. This work was completed at Gatwick Airport, and it featured new FOD and Instrument Runway Visual Range system (IRVR) systems.
In 2019, Plextek Services Limited has joined forces with Wave Tech. Plextek and Wave Tech collaborated to design and develop the sophisticated FOD detection system for use on airport runways. This device, which is implemented at Korea’s Incheon Airport, is capable of identifying and notifying the presence of FOD.
Major Players
The key players studied in the global Airport Runway FOD Detection Systems Market are ArgosAI Teknoloji A.Ş., Navtech Radar, Pavemetrics , Plextek Services Limited , Rheinmetall AG, QinetiQ Group plc, Thales Group, XSight Systems Ltd.., Trex Aviation Systems , and Varec, Inc. among others.
Research Scope
Scope - Highlights, Trends, Insights. Attractiveness, Forecast
Market Sizing - Product Type, End User, Offering Type, Technology, Region, Country, Others
Market Dynamics - Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain
Business Framework - Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments
Competitive Landscape - Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis
Company Profiles - Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis
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