Aviation Weather Radar Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 206.54 Million |
| Market Size (2029) | USD 247.14 Million |
| CAGR (2024 - 2029) | 3.65 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Aviation Weather Radar Market Analysis
The Aviation Weather Radar Market size is estimated at USD 206.54 million in 2024, and is expected to reach USD 247.14 million by 2029, growing at a CAGR of 3.65% during the forecast period (2024-2029).
The aviation weather radar market is experiencing a surge in demand for advanced radar systems, driven by the critical need for weather monitoring. Safeguarding aircraft from adverse weather conditions emerges as a key market driver. Instances of unexpected weather disturbances lead to aircraft disruptions and, in severe cases, damage, underscoring the urgency for airports to adopt weather radars.
Adopting state-of-the-art radar technologies, notably pulse-doppler radar, enables aircraft to navigate adverse weather conditions more efficiently and safely. Additionally, the industry is witnessing a notable shift toward lighter, more compact radar systems, offering improved fuel efficiency and lower maintenance costs.
However, the market faces challenges, including the high costs and complexities of radar systems and regulatory and environmental obstacles. Market players need to focus on R&D, innovation, and collaboration to overcome these challenges and stay competitive. While these hurdles could potentially hinder market growth, the rising demand from the commercial, general, and military aviation industries for advanced radar systems is set to drive the market positively during the forecast period.
Aviation Weather Radar Market Trends
Military Aviation to Exhibit Highest Growth Rate During the Forecast Period
The global military aviation sector is experiencing a surge, driven by rising geopolitical tensions and extensive modernization programs. This surge is spurring the demand for advanced aircraft with heightened capabilities. With global military expenditures on the rise and nations prioritizing defense enhancements, the market for advanced aircraft is poised for expansion. In 2023, global military spending peaked at USD 2,440 billion, marking a significant 9% increase from 2022.
As global defense spending climbs, countries are increasingly looking to military aircraft to bolster their security. This heightened demand is underscored by certain events. For instance, in June 2024, Turkey and the United States sealed a monumental deal, with Turkey acquiring 40 new F-16 aircraft in a USD 23 billion agreement. Similarly, in January 2024, Lockheed Martin delivered Slovakia's first two F-16s, featuring Northrop Grumman’s cutting-edge APG-83 AESA radar. This radar, found in the Block 70/72 F-16s, inherits advanced capabilities from its F-22 and F-35 counterparts, offering improved situational awareness, all-weather targeting, and detailed digital map displays. Pilots benefit from tailored features like slew and zoom, further enhancing their operational capabilities.
Following suit, Honeywell extended its radar technology to a range of military aircraft. The RDR-7000 weather radar system from Honeywell is a cutting-edge solution designed to provide unparalleled weather insights and situational awareness for defense and military applications. Notably, it is engineered for seamless integration across a broad spectrum of military aircraft, including transport, helicopters, and specialized mission planes. These advancements are primed to drive significant market growth in the years ahead.
Asia-Pacific to Register the Highest CAGR During the Forecast Period
Asia-Pacific is set to lead the global aviation sector, boasting the highest CAGR during the forecast period. Notably, China is on track to overtake the United States in commercial aviation, while India is poised to outstrip the United Kingdom, positioning itself as the largest and third-largest market. This growth surge is underpinned by airlines' robust fleet procurement strategies and substantial expansions in airport infrastructure. In 2022, China bolstered its aviation infrastructure, introducing six new freight airports and 29 general-purpose airports, bringing the year-end totals to 254 and 399, respectively. Looking forward, China has ambitious plans to add a further 215 airports by 2035 to cater to the escalating passenger demands.
In a similar vein, the Indian Ministry of Civil Aviation, in June 2023, unveiled plans to elevate the country's airport count to 200-220, including heliports, within the next 2-3 years. India has allocated a significant USD 12 billion for airport investments to support this expansion, drawing from both public and private funding. As these airports increasingly adopt diverse weather radar technologies, the market demand is further amplified. For instance, in February 2024, Terma clinched a contract with the India Airports Authority to deploy its renowned SCANTER 5502 surface movement radars (SMRs) in four major Indian airports, namely Bengaluru, Mumbai, Navi Mumbai, and Hyderabad. Renowned for its reliable all-weather detection capabilities, the SCANTER 5502 is poised to significantly enhance the operational efficiency of these pivotal Indian airports.
Furthermore, several regional militaries are significantly boosting their procurement of weather radars, consequently driving up the demand for aviation weather radars. On this note, in May 2024, Bharat Electronics revealed orders totaling INR 481 crore (approx. USD 57.6 million), with a notable Doppler weather radar order. Similarly, in April 2024, the Embassy of Japan in Pakistan pledged an additional USD 5.5 million grant for the Sukkur weather surveillance radar project. Initially announced in January 2021 at a cost of USD 13.12 million, the project, bolstered by the Japan International Cooperation Agency, is set to cover nearly 90% of Pakistan after the Sukkur radar's installation. These advancements are poised to be pivotal drivers for the regional market's growth in the years to come.
Aviation Weather Radar Industry Overview
The aviation weather radar market is consolidated and dominated by key players, including Honeywell International Inc., Collins Aerospace (RTX Corporation), L3Harris Technologies Inc., Leonardo SpA, and Garmin Ltd. This dominance is due to the limited number of companies producing weather radars for aviation, resulting in a concentrated market.
These companies are expanding their product offerings to cater to a broader range of aircraft manufacturers. For example, in 2022, Spire Global secured a significant five-year contract to provide weather forecasts for TCOM, a US-based intelligence, surveillance, and reconnaissance (ISR) firm. The agreement entails delivering weather forecast services to 10 sites where TCOM operates aerostats (aircraft that utilize lifting gas for flight). Such strategic moves are poised to reshape the competitive landscape among market players.
Aviation Weather Radar Market Leaders
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Honeywell International, Inc.
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Garmin Ltd.
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L3Harris Technologies, Inc.
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Collins Aerospace (RTX Corporation)
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Leonardo S.p.A
*Disclaimer: Major Players sorted in no particular order
Aviation Weather Radar Market News
June 2024: OMNI Air Taxi (OMNI), South America's leading operator of Leonardo AW139 helicopters, awarded a significant contract to Honeywell International Inc. The agreement entails the upgradation of OMNI's 31 AW139s with Honeywell’s state-of-the-art IntuVue RDR-7000 Weather Radar System.
June 2023: Indonesia enhanced its airspace surveillance capabilities by procuring 13 long-range military radars from THALES. Opting for THALES' Ground Master 400 Alpha (GM400a), boasting a 515-kilometer range, Indonesia highlighted its appeal for integrating artificial intelligence, a feature streamlining data management.
Aviation Weather Radar Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Industry Attractiveness - Porter's Five Forces Analysis
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Threat of New Entrants
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 End User
5.1.1 Airport
5.1.2 Aircraft
5.1.2.1 Commercial Aviation
5.1.2.2 Military Aviation
5.1.2.3 General Aviation
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.2 Europe
5.2.2.1 United Kingdom
5.2.2.2 France
5.2.2.3 Germany
5.2.2.4 Russia
5.2.2.5 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 India
5.2.3.3 Japan
5.2.3.4 South Korea
5.2.3.5 Rest of Asia-Pacific
5.2.4 Latin America
5.2.4.1 Brazil
5.2.4.2 Rest of Latin America
5.2.5 Middle East and Africa
5.2.5.1 Saudi Arabia
5.2.5.2 United Arab Emirates
5.2.5.3 Egypt
5.2.5.4 Rest of Middle East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Honeywell International Inc.
6.2.2 Collins Aerospace (RTX Corporation)
6.2.3 L3Harris Technologies Inc.
6.2.4 Leonardo SpA
6.2.5 Garmin Ltd
6.2.6 EWR Radar Systems Inc.
6.2.7 Selex ES GmbH
6.2.8 Vaisala Oyj
6.2.9 Telephonics Corporation
6.2.10 THALES
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
Aviation Weather Radar Industry Segmentation
An aviation weather radar, also known as a weather surveillance radar (WSR), is a crucial installation in both aircraft and airports. Its primary function is to detect and track various weather phenomena, such as precipitation, and to forecast weather patterns, including rain, snow, and hail. Modern aviation weather radars can even gauge the movement and intensity of raindrops.
The aviation weather radar market is segmented by end user and geography. By end user, the market is segmented into airports and aircraft. The aircraft segment is further segmented into commercial, general, and military aviation. The report also covers the market sizes and forecasts for the aviation weather radar market in major countries across different regions. For each segment, the market sizes and forecasts are provided in terms of value (USD).
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Aviation Weather Radar Market Research Faqs
How big is the Aviation Weather Radar Market?
The Aviation Weather Radar Market size is expected to reach USD 206.54 million in 2024 and grow at a CAGR of 3.65% to reach USD 247.14 million by 2029.
What is the current Aviation Weather Radar Market size?
In 2024, the Aviation Weather Radar Market size is expected to reach USD 206.54 million.
Who are the key players in Aviation Weather Radar Market?
Honeywell International, Inc., Garmin Ltd., L3Harris Technologies, Inc., Collins Aerospace (RTX Corporation) and Leonardo S.p.A are the major companies operating in the Aviation Weather Radar Market.
Which is the fastest growing region in Aviation Weather Radar Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in Aviation Weather Radar Market?
In 2024, the Asia Pacific accounts for the largest market share in Aviation Weather Radar Market.
What years does this Aviation Weather Radar Market cover, and what was the market size in 2023?
In 2023, the Aviation Weather Radar Market size was estimated at USD 199.00 million. The report covers the Aviation Weather Radar Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Aviation Weather Radar Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Aviation Weather Radar Industry Report
The Aviation Weather Radar Market Report is segmented by end users, including both airport and aircraft sectors, and covers various geographical regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. This comprehensive industry report provides valuable insights into the market share, market size, and revenue growth rate of the aviation weather radar market. The report offers an industry analysis and an industry overview, highlighting key trends and market dynamics.
The market forecast outlook extends to the coming years, providing a detailed market analysis and market predictions. The industry reports offer a historical overview and a market review, while also including market segmentation and market value data. The report example and report PDF are available for download, offering a thorough examination of industry information and industry research.
The market data indicates significant market growth, driven by key market leaders and emerging trends. The industry outlook is positive, with market trends pointing towards continued expansion and development. The industry statistics and market segmentation provide a deeper understanding of the market landscape, while the market overview and market forecast offer insights into future opportunities and challenges.
Research companies involved in the aviation weather radar market can benefit from the detailed industry research and market review provided in this report. The industry sales and industry size are crucial metrics for evaluating market performance, and the market outlook suggests a promising future for stakeholders. The report PDF serves as a valuable resource for understanding the market dynamics and making informed business decisions.
Aviation Weather Radar Market Report Snapshots
