Market Overview:
The global airport runway inspection service market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing number of aircraft and passengers, and the need for safety and security. The ground inspection segment is expected to dominate the market during the forecast period owing to its advantages such as low cost, easy availability, and no requirement for special equipment or training.
Product Definition:
An airport runway inspection service is a type of service that is used to inspect and maintain airport runways. This type of service is important because it helps to ensure that the runways are in good condition and are safe for use.
High Altitude Inspection:
High altitude inspection is a technique used to detect and measure the depth of cut or damage in airport runways. The method involves using specially designed sensors that are lowered onto the runway by a crane, after which they send back data regarding the condition of each individual tooth on screen. This data is then assessed and analyzed by an expert who makes decisions based on visual inspection alone.
Ground Inspection:
The global ground inspection and it's usage in airport runway inspection service market size was valued at USD 1.8 billion in 2016.
Application Insights:
The commercial usage segment held the largest share of more than 60.0% in 2017. The growth can be attributed to the increasing number of air travelers and rising aviation industry across the globe. According to a study conducted by CAPA, it is estimated that around 5-10% of total air traffic volume is attributable to runway incursions each year which amounts to USD 937 - 1,847 million annually globally.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to various factors such as increasing military operations and travel, growing aviation industry, and stringent government regulations for airport construction. Europe is expected to witness significant growth over the forecast period owing to rising passenger traffic at airports across countries including Germany, U.K., Spain, Italy among others.
Asia Pacific is anticipated to register a lucrative CAGR over the forecast period owing to rapid development of commercial infrastructure in countries including China.
Growth Factors:
- Increasing demand for air travel: The number of passengers travelling by air is increasing every year. This is driving the demand for airport runway inspection services.
- Growing awareness about safety and security: Airports are required to follow stringent safety and security norms laid down by the government authorities. This is driving the demand for airport runway inspection services.
- Upgrading and expansion of airports: Airport authorities are investing in upgrading and expanding their airports, in order to meet the growing demand for air travel. This is leading to an increase in the number of airport runway inspections being carried out every year.
Scope Of The Report
Report Attributes
Report Details
Report Title
Airport Runway Inspection Service Market Research Report
By Type
High Altitude Inspection, Ground Inspection
By Application
For Military Usage, For Commercial Usage
By Companies
Infrastructure Preservation, GUIMU ROBOT, Sonar Nusantara, Sensors&Software, Roads and Maritime
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
166
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Airport Runway Inspection Service Market Report Segments:
The global Airport Runway Inspection Service market is segmented on the basis of:
Types
High Altitude Inspection, Ground Inspection
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
For Military Usage, For Commercial Usage
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Infrastructure Preservation
- GUIMU ROBOT
- Sonar Nusantara
- Sensors&Software
- Roads and Maritime
Highlights of The Airport Runway Inspection Service Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- High Altitude Inspection
- Ground Inspection
- By Application:
- For Military Usage
- For Commercial Usage
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Airport Runway Inspection Service Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Airport Runway Inspection Service is a company that provides runway inspection services to airports.
Some of the key players operating in the airport runway inspection service market are Infrastructure Preservation, GUIMU ROBOT, Sonar Nusantara, Sensors&Software, Roads and Maritime.
The airport runway inspection service market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Airport Runway Inspection Service Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Airport Runway Inspection Service Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Airport Runway Inspection Service Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Airport Runway Inspection Service Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Airport Runway Inspection Service Market Size & Forecast, 2018-2028
4.5.1 Airport Runway Inspection Service Market Size and Y-o-Y Growth
4.5.2 Airport Runway Inspection Service Market Absolute $ Opportunity
Chapter 5 Global Airport Runway Inspection Service Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Airport Runway Inspection Service Market Size Forecast by Type
5.2.1 High Altitude Inspection
5.2.2 Ground Inspection
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Airport Runway Inspection Service Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Airport Runway Inspection Service Market Size Forecast by Applications
6.2.1 For Military Usage
6.2.2 For Commercial Usage
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Airport Runway Inspection Service Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Airport Runway Inspection Service Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Airport Runway Inspection Service Analysis and Forecast
9.1 Introduction
9.2 North America Airport Runway Inspection Service Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Airport Runway Inspection Service Market Size Forecast by Type
9.6.1 High Altitude Inspection
9.6.2 Ground Inspection
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Airport Runway Inspection Service Market Size Forecast by Applications
9.10.1 For Military Usage
9.10.2 For Commercial Usage
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Airport Runway Inspection Service Analysis and Forecast
10.1 Introduction
10.2 Europe Airport Runway Inspection Service Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Airport Runway Inspection Service Market Size Forecast by Type
10.6.1 High Altitude Inspection
10.6.2 Ground Inspection
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Airport Runway Inspection Service Market Size Forecast by Applications
10.10.1 For Military Usage
10.10.2 For Commercial Usage
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Airport Runway Inspection Service Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Airport Runway Inspection Service Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Airport Runway Inspection Service Market Size Forecast by Type
11.6.1 High Altitude Inspection
11.6.2 Ground Inspection
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Airport Runway Inspection Service Market Size Forecast by Applications
11.10.1 For Military Usage
11.10.2 For Commercial Usage
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Airport Runway Inspection Service Analysis and Forecast
12.1 Introduction
12.2 Latin America Airport Runway Inspection Service Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Airport Runway Inspection Service Market Size Forecast by Type
12.6.1 High Altitude Inspection
12.6.2 Ground Inspection
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Airport Runway Inspection Service Market Size Forecast by Applications
12.10.1 For Military Usage
12.10.2 For Commercial Usage
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Airport Runway Inspection Service Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Airport Runway Inspection Service Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Airport Runway Inspection Service Market Size Forecast by Type
13.6.1 High Altitude Inspection
13.6.2 Ground Inspection
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Airport Runway Inspection Service Market Size Forecast by Applications
13.10.1 For Military Usage
13.10.2 For Commercial Usage
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Airport Runway Inspection Service Market: Competitive Dashboard
14.2 Global Airport Runway Inspection Service Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Infrastructure Preservation
14.3.2 GUIMU ROBOT
14.3.3 Sonar Nusantara
14.3.4 Sensors&Software
14.3.5 Roads and Maritime
