With the emergence and long-term Impact of COVID-19, Global Aviation Weather Radar Market to reach USD xx Billion by 2030
Bizwit Research & Consulting LLP’s recent analysis on the Global Aviation Weather Radar Market points towards a potential rise to USD xx billion by 2030. Aviation Weather Radar, often referred to as weather radar or airborne weather radar, is a specialized instrument used in aircraft to detect and display information about weather conditions in the surrounding airspace. It helps pilots and meteorologists monitor and navigate through potentially hazardous weather conditions, such as thunderstorms, turbulence, and precipitation. The radar system consists of a transmitter and a receiver installed on the aircraft. The Aviation Weather Radar market is expanding because of factors such as rising air traffic and rising government spending on military modernization activities across the globe.
Geographically, the global Aviation Weather Radar market has been segmented into North America, Europe, Asia Pacific (APAC), Latin America, and Middle East and Africa (MEA). Asia Pacific dominated the market in 2022 owing to factors such as rising demand for Air Travel, rising government spending on military budgets, and rising technological advancement in the region. Whereas, North America is projected to grow at a significant rate owing to factors such as the presence of key market players, rising number of government projects in the region and rising military expenditure in the region.
The global Aviation Weather Radar market is highly competitive owing to the presence of several key players such as Honeywell International Inc. Collins Aerospace (United Technologies Corporation) Leonardo SpA Garmin Ltd. Telephonics Corportaion Rockwell Collins Selex ES GmbH L3Harris Technologies Inc. EWR Radar Systems, Inc Vaisala OYJ, and others.
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Global Aviation Weather Radar Market Size study & Forecast, by Type (Doppler Weather Radar, Wind Profiler), by End User (Airport, Aircraft), by Application (Commercial Aviation, Military Aviation, General Aviation) and Regional Analysis, 2023-2030
Key findings of the study suggest:
- Global Aviation Weather Radar Market is anticipated to grow with a healthy growth rate of more than xx% over the forecast period 2023-2030.
- In the Application segment, Commercial Aviation emerged out as the leading market segment in 2022.
- Asia Pacific is anticipated to drive regional growth owing to rising technological advancement in the region.
- North America is expected to grow at higher rate owing to rising number of government projects in the region.
Bizwit Research & Consulting has considered following segments for the study:
- Doppler Weather Radar
- Wind Profiler
By End User:
- Commercial Aviation
- Military Aviation
- General Aviation
- North America
- Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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