Airborne Collision Avoidance System Market Emerging Growth and Top Key Players to Watch-Honeywell, Saab Group, Garmin, L3 Technologies in 2017-2025
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Airborne Collision Avoidance System Market: Market Dynamics
Airborne Collision Avoidance System Market is anticipated for positive growth, owing to increasing need to enhance the safety and security of military aircrafts. As the small unmanned aircraft replace the manned flight aircraft, the necessity for airborne collision system is increased. This factor is one of the key driver that boost the growth of airborne collision avoidance system market in the forecast period. In many region of the world, it has been made mandatory to equip the aircraft with Airborne Collision Avoidance System that has more than 19 passenger seats or greater than 15,000 kg maximum takeoff weight, which in turn, fueled the demand of Airborne Collision Avoidance System in the market. Airborne Collision Avoidance Systems are incorporated with traffic alert and air collision avoidance system for avoiding mid-air collision. This feature is boosting the growth of said market. Increasing budget of defense for advanced technical solution for security and safety purpose as well as operate military aircraft in dangerous and remote environment is another factor that accelerate the growth of the said market.
There are many challenges associated with the market such as increasing vulnerability of ACAS to cyber attacks that can decrease the performance of the system thereby increase the chances of system failure.
In present scenario, these systems have also found application in general aviation aircraft for safety purpose. Manufacturer are continuously involved in introducing new and advanced airborne collision avoidance system such as ACAS-X. These factor will become the driver for the said market in the forecast period.
Airborne Collision Avoidance System Market: Segmentation
Airborne Collision Avoidance System Market can be segmented by product type, application and sales channels:-
On the basis of product types it can be segmented as:-
ACAS I & TCAS I
ACAS II & TCAS II
Portable Collision Avoidance System (PCAS)
On the basis of application it can be segmented as:-
Fixed wing aircraft
Rotary wing aircraft
Unmanned aerial vehicles (UAVs)
On the basis of sales channel it can be segmented as:-
OEM (Original Equipment Manufacturer)
Airborne Collision Avoidance System Market: Regional Overview
Airborne Collision Avoidance System Market is estimated to register the affirmative growth in the upcoming years. The market in North America region is expected to grow on an upward scale, owing to increase in air travel and the presence of prominent aircraft manufacturers in the region. This factor is responsible for the growth of airborne collision avoidance system market. The European market also contribute the significant share for the growth of the airborne collision avoidance system market, owing to their tie ups with several aircraft manufacturers. Some regions such as Latin America, Middle East and Africa are also expected to grow with moderate rate. Moreover, Asia Pacific is projected to register a high growth, owing to increase in number of aircrafts in the region.
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Airborne Collision Avoidance System Market: Market Participants
Examples of some of the market participants in the global Airborne Collision Avoidance System Market identified across the value chain includes:-
Honeywell International Inc.
Bae Systems PLC
L3 Technologies, Inc.
Rockwell Collins, Inc.
Qinetiq Group PLC
Flarm Technology Ltd.
MRR.BIZ has been compiled in-depth market research data in the report after exhaustive primary and secondary research. Our team of able, experienced in-house analysts has collated the information through personal interviews and study of industry databases, journals, and reputable paid sources.
The report provides the following information:
Tailwinds and headwinds molding the market’s trajectory
Market segments based on products, technology, and applications
Prospects of each segment
Overall current and possible future size of the market
Growth pace of the market
Competitive landscape and key players’ strategies
The main aim of the report is to:
Enable key stakeholder’s in the market bet right on it
Understand the opportunities and pitfalls awaiting them
Assess the overall growth scope in the near term
Strategize effectively with respect to production and distribution
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