(MENAFN- EIN Presswire) Aviation Weather RADAR Market
OREGAON, PORTLAND, UNITED STATES , May 10, 2023 /einpresswire.com / -- Allied Market Research published a new report, titled, "Aviation Weather RADAR Market by Type (Doppler Weather Radar, Wind Profiler), by End User (Airport, Aircraft) and by Application (Commercial Aviation, Military Aviation, General Aviation): Global Opportunity Analysis and Industry Forecast, 2023-2032" The aviation weather RADAR system is the tool used by pilots for strategic and tactical planning of a safe flight trajectory. Each aircraft has a radar antenna mounted in the nose of the aircraft. This antenna catches signals, which are then processed by a computer, enabling the pilots to view the same and make necessary weather predictions. Since the aviation industry is highly competitive, the generated profits are attributed to many factors such as the ability to predict and take safe flights. In addition, growth in the number of aircraft boosts the growth of the global aviation weather RADAR market.
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Increase in air-traffic to foster the product demand - Reduced fuel prices for aircraft have substantially reduced the cost of travel, which, in turn, has caused a heavier air-traffic. Growing air traffic urges the need to predict weather for flight travel to maintain passenger safety, which, in turn, increases the demand for weather RADAR. With the incorporation of technology and upgrading of existing aircraft, the aviation industry has been successfully delivering improved services while maintaining the safety of aircraft as well as travelers. In addition, increase in aviation spending has led to the modification of the existing fleet ensuring efficiency with incorporation to technology. Furthermore, airlines are utilizing their dispensable cash to procure newer generation aircraft and modernize the existing models. The ease and convenience of air travel drive the growth of the global aviation weather RADAR market.
Impact Of COVID-19
Aviation weather RADAR production is expected to be more agile after the end of COVID-19.
The supply chain disruption is expected to affect the future growth of the companies due to lockdown.
The revenue is not being generated for the companies due to the ongoing pandemic, which is expected to result in major losses throughout the year.
Companies have to deal on a significant margin basis to revive the market.
A huge monetary loss has been accounted for in the revenue generation of the aviation weather RADAR companies due to the lockdown.
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Surge in demand from the military segment - The military & defense segment has been witnessing a significant demand for weather RADAR. This is in association with the military air-base aircraft that require a high degree of weather detection and predicament. The rising concern of national security threat is expediting the military budgets of many nations, accordingly increasing the application of aircraft for various purposes. In addition, the need to predict the weather during military operations and exercises is anticipated as a precautionary step for conducting a safe flight ensuring the security of the pilot or other passengers. Moreover, the growing trend of bolstering military strength urges the nations to integrate weather RADAR into their aircraft.
Top impacting factors - The aviation industry has been witnessing an upsurge in air traffic over the past decade, which, in turn, has led to a rise in demand for weather RADAR. Change in lifestyle, rise in disposable income, and growing trend of tourism proliferate the demand for air travel, thereby driving significant growth of the aviation weather radar market. In addition, the need to protect the aircraft from harsh weather conditions and ensuring passenger safety are the major factors driving the growth of the aviation weather RADAR market.
The global Aviation Weather RADAR industry report includes Honeywell International Inc., L3Harris Technologies Inc., EWR Weather Radar, Rockwell Collins, Collins Aerospace (United Technologies Corporation), Selex ES GmbH, Garmin Ltd., Leonardo SpA, Telephonics, Vaisala
Aviation Weather RADAR By End User
Airport
Aircraft
Aviation Weather RADAR By Application
Commercial Aviation
Military Aviation
General Aviation
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