New York, NY -- (SBWire) -- 04/12/2019 --The Instrument Landing System And Visual Landing Aids Market is forecasted to grow from USD 1211.16billion in 2018 to USD 1720.82 billion by 2026, at a CAGR of 4.4%, during the forecast period. Increasing demand for landing safety and operational efficiency is the major driving factor of the market.
An Instrument Landing System (ILS) can be defined as a runway approach aid, which provides pilots with both vertical and horizontal guidance during an approach to land with the use of two radio beams. Innovation of airports is the important factor that accelerates the growth of the instrument landing system and visual landing aids market. Rise in air traffic has resulted in the enhanced need to enlarge airports so as to increase the airports capacity. With the penetration of new and advanced technologies in ILS and VLA, the airports will be able to replace their old systems with new state-of-art systems.
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The major players covered in this Instrument Landing System And Visual Landing Aids report are
Thales Group (France) , Astronics Corporation (U.S.), ATG Airports, Ltd. (U.K.), ADB Airfield Solutions, LLC (U.S.), Rockwell Collins, Inc. (U.S.), Honeywell International, Inc. (U.S.), Multi Electric Manufacturing, Inc. (U.S.), Systems Interface Ltd. (U.K.), SAAB Sensis (U.S.) and Api Technologies Corporation (UK)
Instrument Landing System And Visual Landing Aids Market split by Category Type, can be divided into:
- ILS CAT I
- ILS CAT II
- ILS CAT III
Instrument Landing System And Visual Landing Aids Market split by Visual landing aids, can be divided into:
- Runaway lighting
- Taxi way lighting
- Approach lighting
Instrument Landing System And Visual Landing Aids Market split by Technology, can be divided into:
- LED's
- Incandescent lights
The study works as a boon for all business owners trying to identify the exact size of the target audience in a specific geographic location. Instrument Landing System And Visual Landing Aids enables entrepreneurs to determine the regional market for their business expansion. The study answers the questions below:
- Where do the requirements come from?
- Where do non-potential customers reside?
- What is the buying behaviour of the customers dwelling in a particular area?
- What is the spending power of the customers in a specific region?
Our trend analysts look for the crucial connection between consumer trends, behaviour and values, to provide context for the sectors, demographics and global themes that matter to you.
Geographically, this Instrument Landing System And Visual Landing Aids report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa
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Further key findings from the report suggest:
- The Instrument Landing System And Visual Landing Aids Market is forecasted to grow from USD 1211.16billion in 2018 to USD 1720.82 billion by 2026, at a CAGR of 4.4%, during the forecast period. Increasing demand for landing safety and operational efficiency is the major driving factor of the market.
- Based on Category, the market is divided as ILS CAT I, ILS CAT II, ILS CAT III. CAT II/CAT III is expected to grow the market at a rate of 4.5%. Due to the high efficiency and the ability to safe landing even in poor conditions, the CAT II/CAT III is rapidly increasing in demand.
- Based on Visual landing aids, the market is segmented as Runaway lighting, Taxiway lighting and Approach lighting. The ALS or approach lighting system helps the pilot in shifting from instrument to visual flight, as well as to align the aircraft visually with the runway centerline. The approach lighting system at the Decision Altitude allows the pilot to continue landing towards the runway, even when the runway or runway lights cannot be seen.
- The Technology used is LED's and Incandescent lights. LED's is forecasted to drive the market. LEDs are more energy efficient and consume less power as energy is not wasted by generating radiant heat.
- The Instrument Landing System And Visual Landing Aids Market is segmented across five regions, namely, North America, Asia-Pacific (APAC), Europe, the Middle East and Africa (MEA), and Latin America. APAC is forecasted to dominate themarket with the largest share of 37%.
The study objectives of this Instrument Landing System And Visual Landing Aids report are:
# To analyze and study the global Instrument Landing System And Visual Landing Aids sales, value, status (2018-2026) and forecast (2018-2026);
# To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, # to study the sales, value and market share of top players in these regions.
#Focuses on the key Instrument Landing System And Visual Landing Aids players, to study the sales, value, market share and development plans in future.
#Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
#To define, describe and forecast the market by type, application and region.
#To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
#To identify significant trends and factors driving or inhibiting the market growth.
#To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
# To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
# To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
# To strategically profile the key players and comprehensively analyze their growth strategies.
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Key elements from table of content:
Chapter 10. Company Profiles
10.1. Thales Group
10.1.1. Company Overview
10.1.2. Financial Performance
10.1.3. Visual Landing Aids Insights
10.1.4. Strategic Initiatives
10.2. Astronics Corporation
10.2.1. Company Overview
10.2.2. Financial Performance
10.2.3. Visual Landing Aids Insights
10.2.4. Strategic Initiatives
10.3. ATG Airports, Ltd.
10.3.1. Company Overview
10.3.2. Financial Performance
10.3.3. Visual Landing Aids Insights
10.3.4. Strategic Initiatives
Continued….
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Instrument Landing System and Visual Landing Aids Market Outlook 2018-2026 by Top Players: Thales Group, Astronics Corp, Rockwell Collins, Honeywell
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