Market Share of Commercial Airport Radar Systems Industry
The commercial airport radar systems market is semi-consolidated. It is marked by the presence of several global players that generate revenues through their capabilities and innovations that help them secure orders from the growing aviation infrastructure development market. The prominent market players include RTX Corporation, NEC Corporation, Indra Sistemas, S.A., Terma A/S, and THALES. The market players are focused on increased collaborations to produce state-of-the-art technologies for customers at reasonable rates. The market is driven by high investments in innovation by major players. Also, international exporters need to get clearance from various official security and purchasing authorities of the buyer country to sell their products and systems.
For instance, in November 2022, Indra Sistemas, S.A., a Spanish technology and consultancy firm, won a contract from German air navigation service provider DFS to modernize the country's network of air surveillance radars. The contract, worth more than USD 109 million, would be implemented within 13 years and includes an extended possibility based on the release of the various possibilities envisioned.
Likewise, in June 2022, Saab AB and Robin Radar Systems signed an agreement to collaborate on worldwide business potential. The purchase agreement gives Saab AB access to Robin Radar's whole portfolio of drone and bird detection radar systems for a variety of worldwide clients in the aviation and security sectors.
Commercial Airport Radar Market Leaders
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NEC Corporation
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RTX Corporation
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Terma A/S
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Indra Sistemas, S.A.
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THALES
*Disclaimer: Major Players sorted in no particular order
