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The Airborne Collision Avoidance Systems Market is estimated to register substantial growth during the forecast period owing to increasing demand from various applications during the forecast period. Also, this market has witnessed the number of key developments by major companies operating in the market including new product development, partnerships, contracts, and so on.
The Airborne Collision Avoidance System is a system that is installed in an aircraft to increase the situational awareness by keeping check of the environmental condition for any obstacles in the path and providing solutions in the case of any threat. The system comprises four components that are a pilot interface, safety logic, vertical advisories, and airborne surveillance.
Segment Analysis
They are mainly utilized for increasing the awareness of the cockpit, and as a defense mechanism in the case of a mid-air collision. The market is segmented into type, platform, component, and end-users. Based on the type, it is divided as ACAS I & TCAS I, ACAS II & TCAS II, PCAS, and FLARM. By the component, it is segmented into a processor, mode S & C transponder, and display unit. The mode S & C transponder is a necessity when the aircraft is equipped with TCAS II so as to provide air-to-air data exchange hence this market is leading. On the basis of the platform, it is segmented into fixed-wing, rotary-wing, and UAV. There has been an increase in commercial aviation operations, and also a rise in the amount of air travel has led to the fixed-wing segment to lead. Based on the end-users it is bifurcated into OEM and aftermarket. The aftermarket for the ACAS market is leading due to the high demand for aircraft aftermarket components that are mainly used in the maintenance and upgradation of the aircraft.
Key Factors Impacting Market Growth:
Regional Analysis
By region, the airborne collision avoidance systems market has been segmented by North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe have been dominant players in this market with the presence of major companies along with strong aerospace & defense infrastructure in the region. In addition to this, some of the major countries in these regions such as the US, France, the UK, Canada, and others have been global exporters of aerospace & defense technologies with established research & development centers.
The Asia Pacific region is estimated to register fastest growing owing to the presence of some of the major economies including China, India, South Korea, and others in the region. These countries have witnessed strong government spending on defense infrastructure along with the promotion of air transport and space research in recent decades. The Middle East region is estimated to be a potential region for airborne collision avoidance systems market during the forecast period. Eastern Europe consisting of Russia and Turkey is estimated to have a stable demand during the forecast period. The rest of the World is expected to be an emerging market with growing demand during the forecast period.
Companies Covered: Honeywell International Inc, Lockheed Martin Corporation, BAE Systems Plc, L3 Technologies, Inc, SAAB Group, Rockwell Collins Inc., Garmin Ltd, QinetiQ Group Plc., Thales Group, and FLARM Technology Ltd,
Market Segmentation:
By Type:
By Component:
By Platform:
By End Users:
By Region:
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