The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The global instrument landing system and visual landing aids market are projected to increase from $2.02 billion in 2022 to $2.17 billion in 2023, with a compound annual growth rate (CAGR) of 6.8%. Furthermore, the market size for global instrument landing systems and visual landing aids is forecasted to reach $2.74 billion in 2027, exhibiting a CAGR of 6.1%.

 What will drive the instrument landing system and visual landing aids market?

Rising air traffic is anticipated to drive the instrument landing system and virtual landing aids market’s growth in the future.

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Who are the major players in the market?

Major Market Players in the instrument landing system and visual landing aids market include Astronics Corporation, Honeywell International Inc., Lufthansa Systems, NEC Corporation, Eaton, Thales Group, Collins Aerospace.

Which trend is gaining popularity in the instrument landing system and visual landing aids market?

Product innovation is a prominent trend in the instrument landing system and virtual landing aids market. Leading companies in this industry are committed to creating innovative solutions to maintain their market standing.

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How is the instrument landing system and visual landing aids market segmented?

Global Instrument Landing System And Visual Landing Aids Market Segments Include:

• By Type: Instrument Landing System CAT I, Instrument Landing System CAT II, Instrument Landing System CAT III
• By Visual Landing Aid: Runway Lighting, Taxiway Lighting, Approach Lighting
• By Technology: Light-Emitting Diode (LEDs), Incandescent Lamps
• By Operation: International Airport, Medium Airport, Small Airport
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global instrument landing system and visual landing aids market in 2021.

The Instrument Landing System And Visual Landing Aids Global Market Report 2023  provides an overview of the instrument landing system and visual landing aids market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The instrument landing system and visual landing aids market forecast analyzes instrument landing system and visual landing aids market size, instrument landing system and visual landing aids market share, leading competitor and their market positions.

The Instrument Landing System (ILS) and virtual landing aids offer precise vertical and horizontal guidance for pilot landings. They provide approach and landing indications, aiding shipboard takeoffs, landings, and deck situational awareness. These systems transmit accurate descent and angle guidance signals to assist aircraft in landing during various weather conditions.

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