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. Read More

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. Read More

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. Read More

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). Read More

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. Read More

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. Read More

Aviation Weather Radar Market Share

Statistics for the 2023 & 2024 Aviation Weather Radar market share, created by Mordor Intelligence™ Industry Reports. Aviation Weather Radar share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Aviation Weather Radar Industry

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.