Middle East & Africa Airport Runway FOD Detection Systems Market is expected to reach US$ 10.15 million by 2027


PRESS RELEASE BY The Insight Partners 09 Mar 2021

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Services Segment is Expected to be Fastest Growing During Forecast Period for MEA Region     

According to The Insight Partners market research study on “MEA Airport Runway FOD Detection Systems Market to 2027 – COVID-19 Impact and Regional Analysis and Forecast by Components and End Use,” is expected to reach US$ 10.15 million by 2027 from US$ 8.37 million in 2019. The market is estimated to grow at a CAGR of 2.5 % from 2020 to 2027. The report provides trends prevailing in the MEA airport runway FOD detection systems market along with the drivers and restraints pertaining to the market growth. Growth of AI-based FOD detection systems and UAV and escalating popularity of smart airports and airport development & expansion activities are the major factor driving the growth of the MEA airport runway FOD detection systems market. However, overpriced installation and maintenance hinder the growth of MEA airport runway FOD detection systems market.

In case of COVID-19, Iran is the hardest-hit country in MEA. The aviation industry faced tremendous challenged in 2020 due to the widespread outbreak of COVID-19 across the MEA region. The eruption of COVID-19 in MEA region has led the governments to impose stringent rules and regulations to contain the virus. Air travel ban was one of the strict rules imposed by the governments across the MEA during the first two quarters Q1 and Q2. This led the aviation industry to halt the operations and experience the lowest revenue generation during the period. The airport sector also witnessed stiff decline in passenger count, aircraft movement, and revenue generation. The substantial loss in revenues resulted in limited procurement of technologies by the airport authorities and airport managements. This factor showcased fall in demand for FOD detection systems, which hampered the growth of MEA airport runway FOD detection systems market. Further, the MEA airport runway FOD detection systems market is also affected by the disruption in the supply chain. Pertaining to the closure of borders of countries, the supply chain of several components and parts have been disturbed. The demand for advanced FOD detection systems has weakened over the past couple of months in MEA countries. This has resulted in a loss of business among the airport runway FOD detection system manufacturers offering their products to commercial airports and military airports. However, there were some positivity in the market as, Hammad International Airport in Doha procured FOD detection system from Israeli manufacturer XSight Systems for its newly constructed runway.

The MEA airport runway FOD detection systems market is segmented into components, end use, and country. Based on components, the MEA airport runway FOD detection systems market is segmented into hardware and services. The hardware segment dominated the MEA airport runway FOD detection systems market in 2019 and services segment is expected to be fastest growing segment. Based on end use, the MEA airport runway FOD detection systems market is segmented into military airport and civil airport. The civil airport segment dominated the MEA airport runway FOD detection systems market in 2019 and is also expected to be fastest growing during forecast period.

ArgosAI Teknoloji A.?., QinetiQ Group plc, Rheinmetall AG, Thales Group, XSight Systems Ltd. are among the leading companies in the MEA airport runway FOD detection systems market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, XSight Systems FOD detection solution selected by Beijing Capital International Airport (BCIA). XSight Systems RunWize boosts the runway safety at China's main international airport. This system installs on its east runway.     

The report segments the MEA Airport Runway FOD Detection Systems Market as follows:

MEA Airport Runway FOD Detection Systems Market – By Components

  • Hardware                   
  • Services      

MEA Airport Runway FOD Detection Systems Market – By End Use

  • Military Airport
  • Civil Airport                                                     

MEA Airport Runway FOD Detection Systems Market – By Country

  • Saudi Arabia
  • UAE      
  • South Africa
  • Rest of MEA                              
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