Global Airborne Collision Avoidance System Market Overview:
An airborne collision avoidance system is an innovative system that is operated independently of ground-based equipment and air traffic control. It helps in warning pilots about the presence of other aircraft that may present a threat of collision. If the system checks that there is any collision, the system itself initiates a maneuver that will reduce the risk of collision. This system consists of four component which includes vertical advisories, a pilot interface, safety logic, and airborne surveillance. Moreover, the increasing need for traveling through the air has made it necessary to have this system, hence driving the market Some of the key players profiled in the study are Honeywell International Inc (United States), Lockheed Martin Corporation (United States), BAE Systems Plc (United Kingdom), L 3 Technologies, Inc (United States), SAAB Group (Sweden), Rockwell Collins Inc. (United States), Garmin Ltd (Switzerland), QinetiQ Group Plc. (United Kingdom), Thales Group (France) and FLARM Technology Ltd (Switzerland).
On the basis of geography, the market of Airborne Collision Avoidance System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Component Type, the sub-segment i.e. Processor will boost the Airborne Collision Avoidance System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Aircraft Type, the sub-segment i.e. Manned will boost the Airborne Collision Avoidance System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-Use, the sub-segment i.e. Original Equipment Manufacturer (OEM) will boost the Airborne Collision Avoidance System market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increase in Global Air Traffic
- The Rise in Number of Mid-Air Collisions
- Stringent Regulation by the Government Bodies such as Standardized European Rules of the Air (SERA)
Market Trend
- Adoption of Mode S Transponder in these Airborne Collision Avoidance System
- Increase in the Adoption of UAVs in order to Improve the Operational Safety and Enhance the Lifetime of UAV
Restraints
- Adherence to Mandatory Certifications
- Increasing Vulnerability to Cyberattacks
Opportunities
- Growing Number of Aircraft Deliveries across the Globe
- Implementation of ACAS in General Aviation Aircraft
Challenges
- Issues Related Towards the Malfunctioning of these Systems
- High Installation Cost for these Systems
The market is concentrated, with, a few players controlling the majority of the market. Honeywell International Inc., L3 Technologies Inc., Collins Aerospace, Leonardo S.p.A, Thales Group are some of the prominent players in the military collision avoidance systems market currently. Companies are trying to manufacture advanced collision avoidance systems with enhanced capabilities to ensure more safety for the pilots and troops.
Target Audience:
Aircraft OEMs, Airborne Collision Avoidance System Manufacturers, Research Institutes and Organizations, Military Service Providers, Regulatory Bodies, Subcomponent Manufacturers, Technology Support Providers and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Airborne Collision Avoidance System market on the basis of product [ACAS I & TCAS I, ACAS II & TCAS II, Portable Collision Avoidance System (PCAS) and FLARM] , application [Fixed-wing, Rotary Wing and UAV], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Airborne Collision Avoidance System market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Airborne Collision Avoidance System industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Airborne Collision Avoidance System market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.