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Terrain Awareness and Warning System Market - Extend growth opportunities 2025 | Honeywell International Inc.

07-26-2018 08:55 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: TMR Research

Terrain Awareness and Warning System Market - Extend growth opportunities 2025 | Honeywell International Inc.

Terrain Awareness and Warning System Market: Overview

Terrain awareness and warning systems (TWAS) are used to prevent controlled flight into terrain (CFIT) accidents. The technology provides an important layer of protection for aircraft navigation as it changes course as per the terrain and as per weather conditions.

TAWS draws data from GPS pertaining to aircraft’s position, speed, and direction as well data pertaining to aircraft’s altitude and configuration. This information is used to compare data pertaining to Earth’s terrain and manmade hurdles.

In the U.S., highly accurate GPS information is obtained as a combination of radar topography imagery captured by the U.S. space shuttle program, information from Department of Defense, and other data.

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Terrain Awareness and Warning System Market: Key Trends

The global TAWS market is primarily driven by the paradigm shift in transport sector leading to the increasing number of commercial flights. Furthermore, mandates for aircraft to be equipped with TAWS as laid out by stipulations of aviation regulation agencies is driving the growth of the TAWS market. The directives for use of hi-tech systems for aircraft protection are largely in place in developed countries such as the U.S., and the U.K. among several other countries.

However, high deployment cost is limiting the adoption of this technology only by countries that have a strong technical base and large budgets for enhancing aircraft security system. Lack of skilled personnel and integrators for TWAS is also challenging the market’s growth.

Implementation of TAWS in private jets and cargo flights will extend growth opportunities to the TAWS market. The growth of international trade due to favorable business reforms in many countries worldwide is expected to benefit the market’s growth.

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Terrain Awareness and Warning System Market: Market Potential

Across the world, defense forces are vying for hi-technology systems to prevent CFIT accidents, which in turn, helps prevents loss of life and loss of property. In a breakthrough development, the Indian Air Force has announced about equipping its new convoy of six C-130J Hercules aircraft with TWAS, as per a solicitation by the U.S. Air Force.

The U.S. Air Force, C-130J Division, Air Force Life Cycle Management Center, and Wright Patterson AFB has been seeking to identify potential bodies that possess the expertise, experience, and capabilities needed to enter a contract for six C-130J aircraft for a terrain awareness warning system. The subscription will be for 40 months commencing from May 31, 2017, through August 31, 2020.

Prior to this, the Indian Air Force had procured six C-130Js, of which one was lost in an accident in 2014 and another damaged in February this year.

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Terrain Awareness and Warning System Market: Regional Outlook

North America is currently the leading market for terrain awareness and warning system and is expected to retain its position over the next few years mainly due to the factors favoring the adoption of TAWS. In North America, high government funding for hi-tech aircraft safety systems as per Federal Aviation Administration (FAA) mandates, strong technical base, and the presence of key players in the region are favoring the regional market’s growth. The presence of top companies for TAWS such as Universal Avionics Systems Corporation, L3 Technologies Inc., and Honeywell International Inc. enables the latest technical developments for aircraft navigation to be first implemented in the region.

Terrain Awareness and Warning System Market: Competitive Landscape

Some of the key companies operating in the global terrain awareness and warning system market are Honeywell International Inc., Aviation Communication & Surveillance Systems LLC, Avidyne Corporation, Rockwell Collins, Aspen Avionics Inc., Universal Avionics Systems Corporation, L3 Technologies Inc., Garmin Ltd., Sandel Avionics Inc., Mid-Continent Instrument Co. Inc., and Genesys Aerosystems.

About TMR Research

TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.

Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.

Contact:

TMR Research,

3739 Balboa St # 1097,

San Francisco, CA 94121

United States

Tel: +1-415-520-1050

Email: sales@tmrresearch.com

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