All-Weather Landing System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

All-weather landing systems facilitate aircraft landing operations when visual references are low. There are several types of landing systems which are used in aircraft such as ILS, MLS, and GBAS. The instrument landing system (ILS) is a radio navigation system that provides short-range guidance for aircraft to be able to approach the runway at night or in bad weather. In its original form, the aircraft can be approached until it is 200 feet (61 m) above the ground, within 12 mile of the runway. If we talk about MLS, it is an all-weather, precision radio guidance system designed to be installed at large airports to assist aircraft in landing, including 'blind landings.' MLS enables the approaching aircraft to determine when it is aligned with the destination runway and on the correct track for safe landing. The GBAS is one that provides differential corrections and integrity monitoring of Global Navigation Satellite Systems (Global Navigation Satellite System) data using either three or four GPS satellite signals received at three out of four antennas as input data. More advancement in these types of systems is expected to drive the market during forecast period.

MARKET SCOPE

The "Global All-Weather Landing System Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the all-weather landing system market with detailed market segmentation by type, application and geography. The report provides key statistics on the market status of the leading All-weather landing system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   On the basis of type, the market is segmented as ILS (Instrument Landing System), GBAS (Ground Based Augmentation System), and MLS (Microwave Landing System).
  
•   On the basis of application, the market is segmented as military aircraft, and civil aircraft.
  

MARKET DYNAMICS

Drivers:

•   The growing aircraft accident during landing due to bad weather is expected to escalate the demand of all-weather landing system, thereby driving the global all-weather landing system market during forecast period.
  
•   In addition, the various unique advantages of landing systems such as provide precision final approach, provide better runway touchdown points, increase safety and situational awareness etc. make it another important factor expected to boost the global all-weather landing system market.
  
•   Further, other factors such as growing aircraft deliveries due to rise in air passengers is also expected to increase the demand of landing systems, thereby escalating the market.
  
•   Technological advancement in all-weather landing system such as integration with artificial intelligence and machine automation is anticipated to create market opportunities for the all-weather landing system market during the forecast period.
  

Restraints:

•   High installation and maintenance costs may restrain the growth of the all-weather landing system market.
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The All-weather landing system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive Porter's Five Forces analysis, highlighting the factors affecting the All-weather landing system market in these regions

IMPACT OF COVID-19 ON ALL-WEATHER LANDING SYSTEM MARKET

The outbreak of the COVID-19 has severely impacted the defense, aerospace, aviation and other related industries. There has been a reduction in the production volume of the components of the all-weather landing systems such as touchdown and centerline lights, approach lights, due to which the all-weather landing system market has been severely affected. However, the demand for all-weather landing systems is expected to increase in the forecast period.

MARKET PLAYERS

The report covers key developments in the All-weather landing system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from All-weather landing system market are anticipated to lucrative growth opportunities in the future with the rising demand for All-weather landing system in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the All-weather landing system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Raytheon Technologies Corporation
  
•   Honeywell International Inc.
  
•   Indra Sistemas, S.A.
  
•   Leonardo S.p.A.
  
•   MOPIENS, INC.
  
•   NEC Corporation
  
•   Saab AB
  
•   Systems Interface Limited
  
•   Thales Group
  
•   Universal Avionics Systems Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

All-Weather Landing System Report Scope