September 30, 2020

Airport Runway Foreign Object Debris (FOD) Detection Systems Market to Witness Huge Growth by 2027

Global Airport Runway Foreign Object Debris (FOD) Detection Systems Market: Snapshot

Airport runway foreign object debris (FOD) detection systems have been increasingly deployed by airports as a key part in maintaining the safety of the aircraft personnel, passengers, and integrity of aircrafts. Over the years, such detection systems have become more important in the light of growing instances of FOD damages. In particular, due to human negligence a range of foreign objects are found in the runway, apron, and maintenance.

A great deal of impetus to the airport runway FOD systems market is due to advances in radar system used in airport runway FOD detection equipment. Over the past few years, aviation administration agencies in numerous nations have thrown their weight behind improving the performance standards in the airport runway FOD detection systems market. For instance, the Federal Aviation Administration has over the past ten years have conducted several performance standards to prevent or lessen FOD damage to the aircrafts.

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Global Airport Runway Foreign Object Debris (FOD) Detection Systems Market: Growth Dynamics

Advances in imaging systems and sensor technology have improved the automation detection capability of airport runway FOD systems market. The demand for systems with precise detection capabilities in adverse climatic conditions has flourished over the past few years. Airport management authorities have also benefitted from the deployment of systems that can detect debris on the runway in snow, sandstorms, and dense fog, and in the complete absence of light. The airport runway FOD systems market is also seeing high demand potential from their integration with advanced communication technologies.

The need for detection systems that allows real-time monitoring has been a key proposition on the minds of manufacturers in the airport runway FOD systems market. In recent years, the potential of several state-of-the-art technologies are being is being assessed. A case in point is the incorporation of AI. Over the years, such initiatives gave gathered strength, expanding the prospects in the airport runway FOD detection systems market. In numerous major airports, facility managers have been seeking new approaches to deal with FOD. This also includes overhauling the infrastructure of the airports. This has offered momentum to the evolution of the airport runway FOD detection systems market. Growing role of these FOD detection systems in preventing flight delays is also an encouraging trend for equipment manufacturers. Advent of automated airport surveillance is also opening new avenues for players in the airport runway FOD detection systems market.

Global Airport Runway Foreign Object Debris (FOD) Detection Systems Market: Notable Developments

New airports are benefitting from deploying automatic FOD detection technologies. Recently inaugurated Beijing Daxing International Airport, has installed FOD detection systems in its East and North runways. A number of foreign and domestic airlines will form the part of airport capacity, hence new technologies in FOD detection systems will see a good potential in the coming years. The current FOD systems has been developed by Xsight Systems Ltd., an Israeli company offering advanced sensor-based solutions. The system is a part of its RunWize solution and features state-of-the-art image and radar processing algorithms technologies based on artificial intelligence.

In the coming years, more such technologies will see deployment across the world, thereby opening new avenues in the airport runway FOD systems market. Prominent manufacturers are also offering automated FOD detection systems to meet the latest specifications and standards. Several players have undertaken extensive research and development and unveiling innovative technologies.

Some of the players operating in the airport runway FOD systems market are:

  • Trex Aviation Systems Inc.
  • Xsight Systems Ltd.
  • Moog Inc.
  • Stratech Group
  • A-FOD

Global Airport Runway Foreign Object Debris (FOD) Detection Systems Market: Regional Assessment

Based on various regions, the airport runway foreign object detection systems market is witnessing substantial lucrative avenues in North America. The market in the U.S.in particular has seen a volley of investments in improving the safety by adopting new technologies in airport infrastructures, especially for runway FOD detection systems.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

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Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

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  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

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The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

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The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?