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
-
Honeywell International, Inc.
-
Garmin Ltd.
-
L3Harris Technologies, Inc.
-
Collins Aerospace (RTX Corporation)
-
Leonardo S.p.A
- *Disclaimer: Major Players sorted in no particular order