Commercial Aircraft Airborne Collision Avoidance System Market to grow at a CAGR of 5.35% during 2017-2021: Honeywell International, ACSS, Rockwell Collins, and Garmin

MarketResearchNest.com adds “Global Commercial Aircraft Airborne Collision Avoidance System Market 2017-2021” new report to its research database. The report spread across 82 pages with table and figures in it.

Research analysts forecast the global commercial aircraft airborne collision avoidance system (ACAS) market to grow at a CAGR of 5.35% during the period 2017-2021.

About Commercial Aircraft Airborne Collision Avoidance System (ACAS)
An airborne collision avoidance system is a device designed to reduce mid-air collisions. It monitors the airspace around an aircraft and interrogates with other nearby aircraft fitted with a transponder. The system works independent of air traffic control and alerts pilots of the presence of other aircraft to prevent potential mid-air collisions. The demand for commercial aircraft airborne collision avoidance system (ACAS) is directly proportional to the increasing demand for global commercial aircraft avionics. It is mainly driven by the rising need for safety, airworthiness, and operational efficiency.

Covered in this report
The report covers the present scenario and the growth prospects of the global commercial aircraft airborne collision avoidance system (ACAS) market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

Browse full table of contents and data tables at
https://www.marketresearchnest.com/global-commercial-aircraft-airborne-collision-avoidance-system-acas-market-2017-2021.html

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Commercial Aircraft Airborne Collision Avoidance System (ACAS) Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Technavio recognizes the following companies as the key players in the global commercial aircraft airborne collision avoidance system (ACAS) market: Honeywell International, ACSS, Rockwell Collins, and Garmin.

Other Prominent Vendors in the market are: BAE Systems.

Commenting on the report, an analyst from Research team said: “One trend in the market is integration of ADS-B with TCAS. ADS-B allows aircraft to transmit their horizontal and vertical position and velocity details and other information to the neighboring aircraft and the ground station, periodically. It enhances the situational awareness and can be used in ATC traffic display, runway incursion and alerting system, and CDTI.”

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According to the report, one driver in the market is growing investment in MRO capacity expansion. MRO activities enhance the life of aircraft by increasing their operational efficiency. They include services such as routine check-up, inspection, repair, and modification of aircraft and their components, assuring their safety and airworthiness. MRO is performed for engines, airframes, and components and includes thorough and extensive visual checks and non-destructive testing for the detection of damage or corrosion. Over the past five years, Asia and the Middle East have emerged as two of the fastest growing regions in terms of passenger traffic and number of aircraft operated.

Further, the report states that one challenge in the market is complexities in developing collision avoidance system and technical glitches. Design of an aerospace component is a complex task. It largely depends on optimizing the weight and space occupied by the component. It also includes robust testing procedures. Hence, it takes decades to design and develop a new system, such as collision avoidance system, and to include it in a mainstream application. Further, in case of technical challenges, the reliability of the system becomes questionable. For example, a faulty sensor giving incorrect velocity and position readings of an aircraft would reduce the reliability of collision avoidance system.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Key questions answered in this report: What will the market size be in 2021 and what will the growth rate be; What are the key market trends; What is driving this market; What are the challenges to market growth; Who are the key vendors in this market space; What are the market opportunities and threats faced by the key vendors; What are the strengths and weaknesses of the key vendors;

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