Global Precision Runway Monitoring (PRM) System Market to Grow at a CAGR Of 14.75% and Forecast to 2021

Wiseguyreports.Com Publish Market Research Report On-“Global Precision Runway Monitoring (PRM) System Market to Grow at a CAGR Of 14.75% and Forecast to 2021”.

PUNE, INDIA, June 16, 2017 /EINPresswire.com/ --

Precision Runway Monitoring (PRM) System Market 2017

Precision runway monitoring (PRM) system is a secondary surveillance radar system designed to provide accurate data to perform effective aircraft operations simultaneously on parallel runways. As runway safety is critical to the aviation industry, it is regarded as one of the top priorities of public organizations, such as International Civil Aviation Organization (ICAO), European Aviation Safety Agency (EASA), Federal Aviation Administration (FAA), International Air Transport Association (IATA), and other state-level aviation authorities.

The analysts forecast the global precision runway monitoring system market to grow at a CAGR of 14.75% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global precision runway monitoring system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

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The report, Global Precision Runway Monitoring System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ERA
• Saab
• Raytheon

Market driver
• Stringent public regulations emphasizing on airtight runway safety infrastructure
• For a full, detailed list, view our report

Market challenge
• High volume of disparate data
• For a full, detailed list, view our report

Market trend
• Accurate and timely deviation of approaching aircraft
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Complete Report Details @ https://www.wiseguyreports.com/reports/1309358-global-precision-runway-monitoring-prm-system-market-2017-2021

Table of Contents

PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology

PART 04: Introduction
Market outline

PART 05: Market landscape
Market overview
Introduction
Market size and forecast
Five forces analysis

PART 06: Geographical segmentation
Segmentation by region
PRM system market in Americas
PRM system market in EMEA
PRM system market in APAC

PART 08: Decision framework

PART 09: Drivers and challenges
Market drivers
Market challenges

PART 10: Market trends
Accurate and timely deviation of approaching aircraft
Liberty of pilots to select modes of operation
Dual frequency support for better communication
..…..Continued

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