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Portable AWOS Will Be Preferred By Airport Authorities And Is Estimated To Rise At A CAGR Of 6% Till 2029

Automated Weather Observing System

Automated Weather Observing System

Global automated weather observing system (AWOS) market is forecast to touch US $ 590 Mn by the end of 2029. Over a trillion dollars are likely to be invested to ameliorate airport infrastructure by 2030 worldwide. An estimated value of about US$ 5 billion is foreseen to be spent specifically on AWOS, leaving substantial scope of opportunities waiting to be capitalized by existing as well as new AWOS solution providers. Furthermore, rising passenger safety concerns, demand for increasing the runway capacity & airport efficiency coupled with re-alignment of strategies by key players are likely to push the market trend on an upward growth trajectory. On this premise, the global AWOS market is expected to register a CAGR of ~5% over the assessment period.

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Key Takeaways of Global AWOS Market

AWOS Market Segmentation

Fact.MR has studied the AWOS market with detailed segmentation on the basis of configuration, system type, procurement model, deployment location and key regions.

Highly Consolidated Market, Aimed At Price Stabilization

Vaisala Inc., Optical Scientific, Inc., All Weather, Inc., Mesotech International and Coastal Environmental Systems are amongst the top vendors that have managed to hold over three fourth of the market share in 2019.

These players are focusing on establishing long term contracts with government and military organizations. Along with this, the vendors are also emphasizing on price corrections to curb the high cost of AWOS. For instance, OSI announced lower cost AWOS AV as an alternative to FAA AWOS.

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