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(I-TravelNewswire.Com, March 15, 2017 ) According to Publisher, the Global Instrument Landing System and Visual Landing Aids market is expected to be $1.22 billion in 2015 and is projected to register a CAGR of 6.7% to reach $1.92 billion by 2022. Up-gradation of airports is a key factor that promotes the growth of the instrument landing system and visual landing aids market. Raise in air traffic has resulted in the need to expand and modernize airports to increase the airports capacity. The maximization of the runway and runway safety programs underway are expected to drive the market demand. On the other hand, high capital investments for maintenance & installation costs, stringent regulatory policies are the restraints hindering the market growth.
For more information about this report: http://www.reportsweb.com/instrument-landing-system-and-visual-aids-global-market-outlook-2016-2022
Asia Pacific is expected to witness huge growth due to increasing demand for enhanced runway operational efficiency, growing passenger traffic, airport development and expansion in emerging economies are key factors stimulating growth in the market. The reason behind the expansion of ILS is its outstanding operational excellence, reliability and less demand on aircraft instrumentation, which can also be used by other navigation systems. ILS features with high durability which can withstand to atmospheric changes.
Some of the key players in global instrument landing system and visual landing aids market include Adb Airfield Solutions, Llc, Api Technologies Corporation, Astronics Corporation, Atg Airports Ltd., Calzoni S.R.L, Esterline Technologies Corporation, Garmin Ltd., General Electric, Honeywell International Inc., Jeppesen Inc., Liberty Airport Systems, Inc., Multi Electric Manufacturing, Inc., Rockwell Collins, Saab Sensis Corporation, Thales Group, and
Universal Avionics Systems Corporation.
Instrument Landing System Types Covered:
- Instrument Landing System Cat I
- Instrument Landing System Cat II
- Instrument Landing System Cat III
Lighting Types Covered:
- Runway Lighting
- Approach Lighting
- Taxiway Lighting
- Incandescent Lamps
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- North America
Rest of Europe
- Asia Pacific
Rest of Asia Pacific
- Rest of the World
10.1 Adb Airfield Solutions, Llc
10.2 Api Technologies Corporation
10.3 Astronics Corporation
10.4 Atg Airports Ltd.
10.5 Calzoni S.R.L
10.6 Esterline Technologies Corporation
10.7 Garmin Ltd.
10.8 General Electric
10.9 Honeywell International Inc.
10.10 Jeppesen Inc.
10.11 Liberty Airport Systems, Inc.
10.12 Multi Electric Manufacturing, Inc.
10.13 Rockwell Collins
10.14 Saab Sensis Corporation
10.15 Thales Group
10.16 Universal Avionics Systems Corporation
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