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?

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