The MEA airport runway FOD detection systems market is expected to grow from US$ 8.37 million in 2019 to US$ 10.15 million by 2027; it is estimated to grow at a CAGR of 2.5 % from 2020 to 2027.
The South Africa, Saudi Arabia, and UAE are major economies in MEA. Growth of AI-based FOD detection systems and UAV is expected to accelerate the MEA airport runway FOD detection systems market. The growing adoption of advanced technologies such as Blockchain, Internet of Things (IoT), Cloud, and Artificial Intelligence (AI) by the aerospace & defense industry is expected to drive the growth of the MEA airport runway FOD systems market in the coming years. The adoption of these technologies enables organizations to streamline the manufacturing of components, ensure enhanced safety of the aircraft and passengers, and process large volumes of data. Company across MEA such as ArgosAI offers A-FOD that confers features such as enhanced real-time detection of FOD, analysis tools for managing runways, and alarm generation systems; it is an AI-based automated airport runway FOD detection system with low maintenance requirements. Furthermore, the increasing adoption of unmanned aerial vehicles (UAVs) by the military personnel for applications such as surveillance, combat operations, transportation and delivery, and battle damage management is also expected to drive the growth of the MEA airport runway FOD detection systems market.
Further, 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.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the MEA airport runway FOD detection systems market. The MEA airport runway FOD detection systems market is expected to grow at a good CAGR during the forecast period.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
MEA Airport Runway FOD Detection Systems Market Segmentation
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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
MEA Airport Runway FOD Detection Systems Market-Companies Mentioned
- ArgosAI Teknoloji A.Ş.
- QinetiQ Group plc
- Rheinmetall AG
- Thales Group
- XSight Systems Ltd.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Components and End Use
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Saudi Arabia
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Airport Runway FOD Detection Systems Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
5. MEA Airport Runway FOD Detection Systems Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Tight Government Rules Regarding Aircraft Safety
5.1.2 Mounting Defense Expenditure
5.2 Key Market Restraints
5.2.1 Overpriced Installation and Maintenance
5.3 Key Market Opportunities
5.3.1 Escalating Popularity of Smart Airports and Airport Development & Expansion Activities
5.4 Future Trends
5.4.1 Growth of AI-based FOD Detection Systems and UAV
5.5 Impact Analysis of Drivers and Restraints
6. Airport Runway FOD Detection Systems Market – MEA Analysis
6.1 Overview
6.2 MEA Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Market Players Ranking
7. MEA Airport Runway FOD Detection Systems Market Analysis – By Components
7.1 Overview
7.2 MEA Airport Runway FOD Detection Systems Market, By Components (2019 and 2027)
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Services
7.4.1 Overview
7.4.2 Services: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
8. MEA Airport Runway FOD Detection Systems Market – By End Use
8.1 Overview
8.2 MEA Airport Runway FOD Detection Systems Market, by End Use (2019 and 2027)
8.3 Military Airport
8.3.1 Overview
8.3.2 Military Airport: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Civil Airport
8.4.1 Overview
8.4.2 Civil Airport: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
9. MEA Airport Runway FOD Detection Systems Market – Country Analysis
9.1 Overview
9.1.1 MEA: Airport Runway FOD Detection Systems Market, by Key Country
9.1.1.1 Saudi Arabia: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.1.1 Saudi Arabia: Airport Runway FOD Detection Systems Market, by Components
9.1.1.1.2 Saudi Arabia: Airport Runway FOD Detection Systems Market, by End Use
9.1.1.2 UAE: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.2.1 UAE: Airport Runway FOD Detection Systems Market, by Components
9.1.1.2.2 UAE: Airport Runway FOD Detection Systems Market, by End Use
9.1.1.3 South Africa: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.3.1 South Africa: Airport Runway FOD Detection Systems Market, by Components
9.1.1.3.2 South Africa: Airport Runway FOD Detection Systems Market, by End Use
9.1.1.4 Rest of MEA: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
9.1.1.4.1 Rest of MEA: Airport Runway FOD Detection Systems Market, by Components
9.1.1.4.2 Rest of MEA: Airport Runway FOD Detection Systems Market, by End Use
10. Impact of COVID-19 Pandemic
10.1 MEA: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Market Initiative
12. Company Profiles
12.1 ArgosAI Teknoloji A.?.
12.1.1 ey Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Rheinmetall AG
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 QinetiQ Group plc
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Thales Group
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 XSight Systems Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. MEA Airport Runway FOD Detection Systems Market – Revenue, and Forecast to 2027 (US$ Million)
Table 2. MEA: Airport Runway FOD Detection Systems Market, by Country – Revenue and Forecast to 2027 (US$ Million)
Table 3. Saudi Arabia: Airport Runway FOD Detection Systems Market, by Components –Revenue and Forecast to 2027 (US$ Million)
Table 4. Saudi Arabia: Airport Runway FOD Detection Systems Market, by End Use –Revenue and Forecast to 2027 (US$ Million)
Table 5. UAE: Airport Runway FOD Detection Systems Market, by Components –Revenue and Forecast to 2027 (US$ Million)
Table 6. UAE: Airport Runway FOD Detection Systems Market, by End Use –Revenue and Forecast to 2027 (US$ Million)
Table 7. South Africa: Airport Runway FOD Detection Systems Market, by Components –Revenue and Forecast to 2027 (US$ Million)
Table 8. South Africa: Airport Runway FOD Detection Systems Market, by End Use –Revenue and Forecast to 2027 (US$ Million)
Table 9. Rest of MEA: Airport Runway FOD Detection Systems Market, by Components –Revenue and Forecast to 2027 (US$ Million)
Table 10. Rest of MEA: Airport Runway FOD Detection Systems Market, by End Use –Revenue and Forecast to 2027 (US$ Million)
Table 11. List of Abbreviation
LIST OF FIGURES
Figure 1. MEA Airport Runway FOD Detection Systems Market Segmentation
Figure 2. MEA Airport Runway FOD Detection Systems Market Segmentation – By Country
Figure 3. MEA Airport Runway FOD Detection Systems Market Overview
Figure 4. MEA Airport Runway FOD Detection Systems Market, by Country
Figure 5. MEA Airport Runway FOD Detection Systems Market, By Components
Figure 6. MEA Airport Runway FOD Detection Systems Market, By End Use
Figure 7. MEA– PEST Analysis
Figure 8. Ecosystem Analysis: MEA Airport Runway FOD Detection Systems Market
Figure 9. MEA Airport Runway FOD Detection Systems Market: Impact Analysis of Drivers and Restraints
Figure 10. MEA Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. MEA Airport Runway FOD Detection Systems Market Revenue Share, by Components (2019 and 2027)
Figure 12. MEA Hardware: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. MEA Services: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. MEA Airport Runway FOD Detection Systems Market Revenue Share, by End Use (2019 and 2027)
Figure 15. MEA Military Airport: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 16. MEA Civil Airport: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. MEA: Airport Runway FOD Detection Systems Market Revenue Share, by Key Country (2019 and 2027)
Figure 18. Saudi Arabia: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. UAE: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. South Africa: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Rest of MEA: Airport Runway FOD Detection Systems Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Impact of COVID-19 Pandemic in MEA Country Markets
- ArgosAI Teknoloji A.?.
- QinetiQ Group plc
- Rheinmetall AG
- Thales Group
- XSight Systems Ltd.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Middle East & Africa Airport Runway FOD Detection Systems Market
Mar 2021
Mar 2021
Advanced Air Mobility Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Component (Hardware, Software), Operation Mode (Piloted, Autonomous), Propulsion Type (Fully Electric, Hybrid), End Use (Passenger, Cargo)
Mar 2021
Airport Fueling Equipment Market
Size and Forecasts (2020 - 2030), Global and Regional Share, Trends, and Growth Opportunity Analysis Report Coverage: By Tanker Capacity (Below 5,000 Liters; 5,000–20,000 Liters; and Above 20,000 Liters), Aircraft Type (Civil Aircraft and Military Aircraft), and Power Source (Electric and Non-Electric)
Mar 2021
Satellite Optical Ground Station Market
Forecast to 2028 - Global Analysis by Operation (Laser Satcom and Optical Operations), Equipment (Consumer Equipment and Network Equipment), Application (Laser Operations, Debris Identification, Earth Observation, and Space Situational Awareness), and End User (Government and Military and Commercial Enterprises)
Mar 2021
Electro-Optics in Naval Market
Forecast to 2028 - COVID-19 Impact and Global Analysis By Technology (Camera, Sensor, and Laser Range Finder), Application (Target Detection, Identification, and Tracking; Surveillance; Fire Control; and Others), and End Use (Defense and Commercial)
Mar 2021
Commercial Air Traffic Management Market
Forecast to 2030 - COVID-19 Impact and Global Analysis By Type (Air Traffic Services, Air Traffic Flow Management, and Airspace Management), Component (Hardware and Software), Application (Communication, Navigation, Surveillance, Traffic Control, and Others), and Airport Class (Class I, Class II, Class III, and Class IV)