Airport Surveillance Radar Market

As per Market Research Future Analysis, the Global Airport Surveillance Radar Market is projected to grow to USD 2.50 Billion at a CAGR of 6% from 2023 to 2030. The market is driven by increasing military spending, airport construction, and technological advancements. However, high installation costs and complexities in upgrades may hinder growth. The COVID-19 pandemic has significantly impacted the aviation sector, leading to a projected 50% decrease in airport operators' profits in 2020, affecting demand for new radar systems. Post-pandemic, the market is expected to rebound but at a slower growth rate.

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), 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), Indra Sistemas, SA (Spain).

• February 2022- Taiwan's Taiwan has disclosed that it has chosen Thales to offer support in modernizing its airport surveillance systems for the airports of Songshan, Hualien, and Taitung through new radar systems will take the place of the present technology soon reaching their life expectancy.
• October 2021- Tanzania Civil Aviation Authority (TCAA) and Thales have announced the completion of the Air Traffic Management (ATM) system and radars for over six airports across the country. The systems were offered under a contract signed in August 2017, with a target to enhance Tanzania's air traffic safety and efficiency.