Airborne Collision Avoidance Systems (ACAS) Market 2020: Top Players Honeywell International Inc, Lockheed Martin Corporation, BAE Systems Plc, L3 Technologies, Inc, SAAB Group, Rockwell Collins Inc.

A recent report published by QMI on Airborne Collision Avoidance Systems (ACAS) market is a detailed assessment of the most important market dynamics. After carrying out thorough research of Airborne Collision Avoidance Systems (ACAS) market historical as well as current growth parameters, business expectations for growth are obtained with utmost precision. The study identifies specific and important factors affecting the market for Airborne Collision Avoidance Systems (ACAS) during the forecast period. It can enable manufacturers of Airborne Collision Avoidance Systems (ACAS) to change their production and marketing strategies in order to envisage maximum growth.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1) Honeywell International Inc
2) Lockheed Martin Corporation
3) BAE Systems Plc
4) L3 Technologies, Inc
5) SAAB Group
6) Rockwell Collins Inc.
7) Garmin Ltd
8) QinetiQ Group Plc.
9) Thales Group
10) FLARM Technology Ltd

According to the report, the Airborne Collision Avoidance Systems (ACAS) 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.

Segmentation for better understanding of this market and its growth prospects

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:

o An increasing number of UAVs
o The rising amount of aircraft deliveries

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Insights about regional distribution of market:

The market has been segmented in major regions to understand the global development and demand patterns of this market. For Airborne Collision Avoidance Systems (ACAS) market, the segments by region are for North America, Asia Pacific, Western Europe, Eastern Europe, Middle East, and Rest of the World. During the forecast period, North America, Asia Pacific and Western Europe are expected to be major regions in the Airborne Collision Avoidance Systems (ACAS) market.

North America and Western Europe have been dominant players in this market with the presence of major companies which have a strong infrastructure to boost aerospace & defense sector. In addition, some of the major countries like the US, France, UK, and Canada has been global exporters of aerospace & defense technologies due to established research & development centers, and others. Also, some of the major companies operating in Airborne Collision Avoidance Systems (ACAS) market are headquartered in these regions.

The Asia Pacific region is estimated to register fastest growing Airborne Collision Avoidance Systems (ACAS) market since some of the major economies like China, India, and South Korea are present in the region. In recent decades, these countries have witnessed strong government spending on defense infrastructure, as well as promoting air transport and space research. During the forecast period, the Middle East region is estimated to be a potential region for Airborne Collision Avoidance Systems (ACAS) market in the aerospace and defense sector. It is estimated that Eastern Europe will have stable demand during the forecast period. Also, the rest of the world is expected to be an emerging market with increasing demand.

Market Segmentation:

By Type:
o ACAS I & TCAS I
o ACAS II & TCAS II
o PCAS (Portable Collision Avoidance System)
o FLARM

By Component:
o Processor
o Mode S & C Transponder
o Display Unit

By Platform:
o Fixed Wing
o Rotary Wing
o UAV (Unmanned Aerial Vehicle)

By End Users:
o OEM
o Aftermarket

By Region:

North America
o By Country (US, Canada, Mexico)
o By Type
o By Component
o By Platform
o By End Users

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By Type
o By Component
o By Platform
o By End Users

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By Type
o By Component
o By Platform
o By End Users

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By Type
o By Component
o By Platform
o By End Users

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By Type
o By Component
o By Platform
o By End Users

Rest of the World
o By Region (South America, Africa)
o By Type
o By Component
o By Platform
o By End Users

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This release was published on openPR.