Market Forecast is proud to release its newest report – Bird Detection Systems – Global Market & Technology Forecast to 2028.
Thousands of birds collide with aircraft and other installations like windmills and, while these incidents cannot be completely eradicated, they can be minimized. Bird strikes are estimated to cost over $2 billion each year due to aircraft loss and damage, out-of-service delays and lost lives. Bird strikes also result in the loss of lives of many endangered species of birds through collisions with windfarms.
Bird Detection Systems are generally those systems consisting of a device used for detection and monitoring of birds.
Bird population around the world has been on the rise. The total number of birds estimated around the world is approximately close to 100 billion. Global Air Traffic is also on the rise. In 2018, 4.3 billion passengers were carried on scheduled services, which was 6.4% higher than the previous year. The number of departures reached 37.8 million in 2018 which was a 3.5% increase as compared to the previous year. Passenger traffic measured in terms of total scheduled revenue passenger-kilometers performed (RPKs), increased to 8258 billion RPKs in 2018 – a 7.1% increase as compared to the previous year.
The Global market for Bird Detection Systems is estimated at around $102 Million in 2020 and the market is expected to grow to around $195 Million by 2028. The CAGR of the market is accounted at around 8%. Airport installations are expected to drive this market.
The impact due to the Corona crisis is also covered in detailed in this report in a separate chapter.
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