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Global Precision Runway Monitoring (PRM) System Market 2017-2021

Global Precision Runway Monitoring (PRM) System Market 2017-2021

About Precision Runway Monitoring System

Precision runway monitoring (PRM) system is a secondary surveillance radar system designed to provide accurate data to perform effective aircraft operations simultaneously on parallel runways. As runway safety is critical to the aviation industry, it is regarded as one of the top priorities of public organizations, such as International Civil Aviation Organization (ICAO), European Aviation Safety Agency (EASA), Federal Aviation Administration (FAA), International Air Transport Association (IATA), and other state-level aviation authorities.

Technavio’s analysts forecast the global precision runway monitoring system market to grow at a CAGR of 14.75% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global precision runway monitoring system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Precision Runway Monitoring System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ERA
  • Saab
  • Raytheon
Market driver
  • Stringent public regulations emphasizing on airtight runway safety infrastructure
  • For a full, detailed list, view our report
Market challenge
  • High volume of disparate data
  • For a full, detailed list, view our report
Market trend
  • Accurate and timely deviation of approaching aircraft
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Precision Runway Monitoring System Market 2017-2021
Technavio recognizes the following companies as the key players in the global precision runway monitoring system market: ERA, Saab and Raytheon.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is accurate and timely deviation of approaching aircraft. PRM system can be represented as an accurate air traffic surveillance system, which is designed to maximize air traffic flow in parallel runways during unfavorable weather conditions or other external factors.”
According to the report, one driver in the market is stringent public regulations emphasizing on airtight runway safety infrastructure. A number of public runway safety regulations have contributed considerably to the undertaken safety precautions during take-off and landing of aircraft. Some of the regulations direct toward providing necessary guidance to operational staff working on and around the maneuvering area to prevent runway accidents due to runway incursions and runway excursions.
Further, the report states that one challenge in the market is high volume of disparate data. The generation of high volumes of data during various commercial aviation processes is one of the key features of the aerospace industry, and the appropriate processing and analysis of the mentioned data are key concerns for airport authorities. Long-term information management generates large data, which is cumbersome and difficult to manage as it is fragmented across multiple units and functions.

Companies Mentioned

ERA, Saab and Raytheon.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Segmentation of global precision runway monitoring (PRM) system market
    • Market size and forecast
      • Table Global PRM system market 2016-2021 ($ millions)
      • Table Factors driving the global PRM system market
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Segmentation by region
      • Table Segmentation of global PRM system market by region 2016 and 2021 (% share)
      • Table Segmentation of global PRM system market by region 2016-2021 ($ millions)
    • PRM system market in Americas
      • Table PRM system market in Americas 2016-2021 ($ millions)
    • PRM system market in EMEA
      • Table PRM system market in EMEA 2016-2021 ($ millions)
    • PRM system market in APAC
      • Table PRM system market in APAC 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Advantages of airport runway safety systems
      • Table Total runway incursions in US in FY2016
    • Market challenges
      • Table Challenges during adverse weather conditions
      • Table Regulatory and administrative constraints
  • Market trends
    • Accurate and timely deviation of approaching aircraft
    • Liberty of pilots to select modes of operation
    • Dual frequency support for better communication
  • Vendor landscape
    • Competitive scenario
      • Table Intellectual property analysis
  • Key vendor analysis
    • ERA
    • Saab
    • Raytheon
      • Table Features of ESSR-128 PRM
  • Appendix
    • List of abbreviations
  • ExploreTechnavio

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