According to our latest study on "Airport Runway FOD Detection Systems Market Analysis and Forecast to 2031 - by Component, End Use, and Geography," the market was valued at US$ 153.79 million in 2023 and is projected to reach US$ 259.39 million by 2031; it is anticipated to record a CAGR of 6.8% from 2023 to 2031. The report includes growth prospects owing to the current airport runway FOD detection systems market trends and their foreseeable impact during the forecast period.
The implementation of unmanned aerial vehicles (UAVs) by military personnel for applications such as surveillance, combat operations, transportation and delivery, and battle damage management is growing. For instance, in May 2024, SkyLark Labs collaborated with Mercedes-Benz India Pvt. Ltd., utilizing an artificial intelligence (AI)-driven Mobile-Foreign Object Debris system. The FOD detection system was primarily developed for the Indian Navy under the iDEX Defence Innovation Organization. The advanced solution attributes advanced self-learning potentials, allowing it to constantly upgrade its performance and modify as per the changing FOD landscape. Similarly, in March 2020, the US Navy designed and developed an automated FOD detection system that utilizes a group of UAVs primarily equipped with cameras to offer real-time images of a runway surface during inspection time. The computer evaluates the images captured to debris-free reference images of the runway surface to identify the presence of FOD to predict if the site is safe and secure. The visual data is then sent to the end user, which is then evaluated to decide on removing the FOD. Thus, the integration of UAVs with FOD detection systems for the defense sector is anticipated to set new trends in the airport runway FOD detection systems market in the coming years.
Key Findings of Market Study:
The geographic scope of the airport runway FOD detection systems market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America. North America held the largest airport runway FOD detection systems market share in 2023 and is projected to maintain its dominance during the forecast period.
Airports across the US use various advanced technologies, especially in the airside area, which requires enhanced security measures. In the US, a number of airport runway FOD detection systems market players are investing in developing robust systems. In addition, the rise in investment towards airport infrastructure development by airline operators and the US government is expected to fuel the market growth in the coming years. For instance, in 2021, the US government announced its plan to invest US$ 25 billion in aviation industry infrastructure development. In addition, in 2023, the United States Federal Aviation Administration announced funding of US$ 1 billion to improve 99 airports' infrastructure through President Biden's Bipartisan Infrastructure Law. Such investment and initiatives toward the development of airport infrastructure in the country are expected to boost the growth of the market in the coming years. Furthermore, technological innovations, such as artificial intelligence, optical imaging, etc., are enhancing operational efficiency and security measures, which, in turn, is anticipated to propel the airport runway FOD detection systems market in the US during the forecast period.
ArgosAI Teknoloji A.?.; Moog Inc.; Navtech Radar; Pavemetrics; Plextek Services Limited; Rheinmetall AG; QinetiQ Group Plc; Thales SA; Xsight Systems Ltd.; Trex Aviation Systems; Varec, Inc.; Smiths Detection Group Ltd. (Smiths Group plc); Infologic Pte Ltd.; Skylarklabs, Inc.; and Hitachi Ltd are among the key players covered in the airport runway FOD detection systems market report. Companies in the market mainly focus on product and service enhancements by integrating advanced features and technologies into their offerings.
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