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Precision Runway Monitoring (PRM) System Market at a CAGR of 14.75% During The Period 2017-2021

Press Release - 02 May2018
Global Research and Development News --
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"Global Precision Runway Monitoring (PRM) System Market 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect.
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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.
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Technavios 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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PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Introduction
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Segmentation by region
PRM system market in Americas
PRM system market in EMEA
PRM system market in APAC
PART 08: Decision framework
PART 09: Drivers and challenges
Market drivers
Market challenges
PART 10: Market trends
Accurate and timely deviation of approaching aircraft
Liberty of pilots to select modes of operation
Dual frequency support for better communication
PART 11: Vendor landscape
Competitive scenario
PART 12: Key vendor analysis
ERA
Saab
Raytheon
PART 13: Appendix
List of abbreviations
Exhibit 01: Segmentation of global precision runway monitoring (PRM) system market
Exhibit 02: Global PRM system market 2016-2021 ($ millions)
Exhibit 03: Factors driving the global PRM system market
Exhibit 04: Five forces analysis
Exhibit 05: Segmentation of global PRM system market by region 2016 and 2021 (% share)
Exhibit 06: Segmentation of global PRM system market by region 2016-2021 ($ millions)
Exhibit 07: PRM system market in Americas 2016-2021 ($ millions)
Exhibit 08: PRM system market in EMEA 2016-2021 ($ millions)
Exhibit 09: PRM system market in APAC 2016-2021 ($ millions)
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