(MENAFN- Nxtgen Reports) Runway FOD relates to various obects (fallen from aircraft or vehicles, broken ground equipment, birds, etc.) that are present on a runway that may adversely affect fast-moving aircraft (during take-off and landing). Runway FOD has the greatest potential of causing damage.
The airport runway debris monitoring system (RDMS) market continues to be heavily consolidated. The level of consolidation in the airport runway foreign objects debris (FOD) detection systems market can be gauged from the report finding that four players account for over 83% revenue share of the market in 2017. The companies –Stratech Group, QinetiQ, Xsight Systems, and Trex Enterprises continue to focus on R&D, global expansion, and competitive pricing to strengthen their position.
According to this study, over the next five years the Runway Debris Monitoring System (RDMS) market will register a 7.1% CAGR in terms of revenue, the global market size will reach US$ 27 million by 2024, from US$ 19 million in 2019. In particular, this report presents the global revenue market share of key companies in Runway Debris Monitoring System (RDMS) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares and growth opportunities of Runway Debris Monitoring System (RDMS) market by product type, application, key companies and key regions.
This study considers the Runway Debris Monitoring System (RDMS) value generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019 in Section 2.3; and forecast to 2024 in section 10.7.
Vehicle Mounted System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 10.8.
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Runway Debris Monitoring System (RDMS) market size by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Runway Debris Monitoring System (RDMS) market by identifying its various subsegments.
Focuses on the key global Runway Debris Monitoring System (RDMS) players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Runway Debris Monitoring System (RDMS) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Runway Debris Monitoring System (RDMS) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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