At 4.6% CAGR, Middle East & Africa Airport Runway FOD Detection Systems Market is Projected to be Worth US$ 22.05 Million by 2031, says Business Market Insights

According to Business Market Insights’ research, the Middle East & Africa airport runway FOD detection systems market was valued at US$ 15.41 million in 2023 and is expected to reach US$ 22.05 million by 2031, registering a CAGR of 4.6% from 2023 to 2031. Surge in construction of new airport terminals, runways, taxiways, and hangars and rising popularity of smart airports are among the critical factors attributed to drive the Middle East & Africa airport runway FOD detection systems market growth.

The mounting number of global commercial aircraft fleets is one of the major factors generating the demand for new flights, terminals, runways, and hangars across different airports to cater to the growing passenger traffic worldwide. This fuels the investments from airport authorities to upgrade their respective airport premises to cater to a huge fleet of aircraft, which also improves the overall airport’s operational efficiency. The improved efficiency is also attributed to the introduction of low-cost airlines that have supported air passenger traffic worldwide. Several government authorities of different countries have also been planning to construct new airports across their respective countries to enhance the flow of international cargo trade and development of the air travel industry.

Thus, the construction of new airport terminals, runways, taxiways, and hangars contributes to the growth of the airport runway FOD detection systems market.

On the contrary, high cost of development and maintenance of FOD detection systems hampers the growth of Middle East & Africa airport runway FOD detection systems market.

Based on component, the Middle East & Africa airport runway FOD detection systems market is bifurcated into hardware and services. The hardware segment held 66.7% market share in 2023, amassing US$ 10.27 million. It is projected to garner US$ 14.42 million by 2031 to register 4.3% CAGR during 2023–2031.

In terms of end use, the Middle East & Africa airport runway FOD detection systems market is bifurcated into military airport and civil airport. The civil airport segment held 71.5% share of Middle East & Africa airport runway FOD detection systems market in 2023, amassing US$ 11.02 million. It is projected to garner US$ 16.09 million by 2031 to expand at 4.9% CAGR from 2023 to 2031.

Based on country, the Middle East & Africa airport runway FOD detection systems market is categorized into South Africa, the UAE, Saudi Arabia, and the Rest of Middle East & Africa. Our regional analysis states that the UAE captured 38.4% share of Middle East & Africa airport runway FOD detection systems market in 2023. It was assessed at US$ 5.92 million in 2023 and is likely to hit US$ 9.06 million by 2031, registering a CAGR of 5.5% during 2023–2031.

Key players operating in the Middle East & Africa airport runway FOD detection systems are ArgosAI Teknoloji A.Ş, Moog Inc, Rheinmetall AG, QinetiQ Group Plc, Thales SA, Xsight Systems Ltd., Smiths Detection Group Ltd.(Smiths Group plc), Infologic Pte Ltd., and Hitachi Ltd, among others.

• In April 2024, Smiths Detection accelerated partnership with SeeTrue. Smiths Detection has successfully integrated and tested SeeTrue's technology into our CT security checkpoint systems. Smiths Detection, a global leader in threat detection and security screening, and a business of Smiths Group, has announced a major step forward in aviation security technology. Working in partnership with SeeTrue, a provider of AI-based threat detection software, Smiths Detection has successfully integrated and tested SeeTrue's technology into its advanced CT security checkpoint systems with the combined solution now ready for immediate implementation pending certification.
• In March 2020, Plextek Group Sells Plextek RFI to the CML Microsystems Plc. The addition of Plextek RFI expands design expertise and provides a new independent service and consulting to the global customers, said by CML’s Group.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com