The global Airport Runway FOD Detection Systems Market was valued at US$ 0.1 billion in 2022 and it is anticipated to grow up to US$ 0.2 billion by 2032, at a CAGR of 8.3% during the forecast period.
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Foreign object debris (FOD) that includes human artifacts, technical artifacts, and other things on runways can end up hurting airlines, passengers, and airports, resulting in millions of dollars in damages. As a result, FOD detection technologies are being developed to prevent accidents and harm to airlines and their passengers. Navtech, for example, supplies radar’s high-performance FOD150 sensor to identify debris automatically, reducing the strain on employees.
Market Drivers and Trends
Rising partnership initiatives is driving the market growth. Partnership initiatives are becoming more prevalent in the industry, assisting in encouraging market growth. Plextek, for example, collaborated with a South Korean partner to develop radar systems that would provide a cost-effective and scalable platform for fighting the FOD threat. Similarly, Stratech Group Limited announced that its iFerretTM intelligent Airfield/Runway Surveillance and Foreign Object and debris Detection System has been selected for a pilot test of a cost-effective surveillance system at Orlando International Airport. According to the corporation, this deployment will aid in tracking aircraft and ground vehicle movements on the apron, taxiway crossings, terminal, and cargo areas, as well as runways. The project, which aims to improve airport safety, is being carried out by the University of Illinois Centre of Excellence for Airport Technology (CEAT) and the Federal Aviation Administration (FAA) Airport Safety Technology Research and Development Sub-team. As a result, such collaborations aid in meeting the safety and monitoring requirements of FOD detection systems on runways.
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Furthermore, high emphasis on increasing runway capacity and efficiency is to Propel the Market Demand. The indirect costs of flight cancellation and delay, which result in passenger losses, and schedule delays owing to the requirement to relocate staff and aircraft, have a significant impact on the airline industry. 121,522 flights were cancelled in 2021. A similar pattern was followed in the first half of 2022 when 3.2% of flights were canceled. Direct costs like as engine repair, fan blades, and other aircraft equipment are also highly costly. For example, the cost of repairing an engine due to FOD damage is somewhat more than 20% of the cost of a new aircraft engine. As a result, the usage of airport FOD has expanded dramatically in order to boost runway capacity as well as operational efficiency by prior identification and removal of FOD from the airport runway. This will have a substantial influence on the growth of the worldwide airport runway FOD detection systems market during the projected period.. These drivers are likely to propel market expansion.
Market Restraints and Challenges
High cost of repair and maintenance of FOD detection systems is going to hamper the Market. Airport runway safety has always been their main focus. There are now two kinds of airport runway FOD detection systems in use: fixed and mobile. A mobile FOD detection system is less expensive than fixed radar-based FOD detection systems. Furthermore, for a modest airport runway, the airport would have to spend between $5 and $10 million to cover the whole runway area. Furthermore, due to the use of expensive radar, cameras, and other components, post-purchase expenditures such as repair and maintenance will be quite high. Hence, these factors are expected to restrain growth of the market during the forecast period.
Major Players in the Global Airport Runway FOD Detection Systems Market
The key players studied in the global Airport Runway FOD Detection Systems Market are ArgosAI Teknoloji A.Ş., Navtech Radar, Pavemetrics , Plextek Services Limited , Rheinmetall AG, QinetiQ Group plc, Thales Group, XSight Systems Ltd.., Trex Aviation Systems , and Varec, Inc. among others.
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COVID-19 Impact
Several nations received new airports and newly constructed or rebuilt runways in 2020, boosting demand for airport-related technology. Because most airport operations have been suspended, airport runway FOD detection systems market operators are trying to make a profit by selling their goods or repairing their installed devices. The restricted money production from aeronautical sources limits airport management’s ability to invest in technology and services, stifling the growth of the airport runway FOD detection systems market. Manufacturers of runway FOD detection systems noted reduced worker availability owing to government-imposed lockdown and social distancing conventions, resulting in lower production and, as a result, lower shipping quantities. All of these problems are slowing the demand for airport runway FOD detection systems.
Global Airport Runway FOD Detection Systems Market Segmentation
By Component
- Hardware
- Stationary
- Mobile
- Services
- Installation
- Support & Maintenance
- Training & Certification
By End-Use
- Civil
- Military
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