Instrument Landing System and Visual Aids - Global Market Outlook (2016-2022)

Instrument Landing System and Visual Aids - Global Market Outlook (2016-2022)

  • Published: January 2017
  • ID: SMRC16215

According to Stratistics MRC, the Global Instrument Landing System and Visual Landing Aids market is expected to be $1.22 billion in 2015 and is projected to register a CAGR of 6.7% to reach $1.92 billion by 2022. Up-gradation of airports is a key factor that promotes the growth of the instrument landing system and visual landing aids market. Raise in air traffic has resulted in the need to expand and modernize airports to increase the airports capacity. The maximization of the runway and runway safety programs underway are expected to drive the market demand. On the other hand, high capital investments for maintenance & installation costs, stringent regulatory policies are the restraints hindering the market growth.

Asia Pacific is expected to witness huge growth due to increasing demand for enhanced runway operational efficiency, growing passenger traffic, airport development and expansion in emerging economies are key factors stimulating growth in the market. The reason behind the expansion of ILS is its outstanding operational excellence, reliability and less demand on aircraft instrumentation, which can also be used by other navigation systems. ILS features with high durability which can withstand to atmospheric changes.

Some of the key players in global instrument landing system and visual landing aids market include Adb Airfield Solutions, Llc, Api Technologies Corporation, Astronics Corporation, Atg Airports Ltd., Calzoni S.R.L, Esterline Technologies Corporation, Garmin Ltd., General Electric, Honeywell International Inc., Jeppesen Inc., Liberty Airport Systems, Inc., Multi Electric Manufacturing, Inc., Rockwell Collins, Saab Sensis Corporation, Thales Group, and  Universal Avionics Systems Corporation.

Instrument Landing System Types Covered:
• Instrument Landing System Cat I     
• Instrument Landing System Cat II     
• Instrument Landing System Cat III

Lighting Types Covered:
• Runway Lighting       
• Approach Lighting      
• Taxiway Lighting

Technologies Covered:
• Incandescent Lamps
• LEDs

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain     
o Rest of Europe 
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o Brazil
o Argentina
o South Africa
o Egypt

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

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