Airborne Collision Avoidance System operates independently of ground-based equipment and air traffic control in warning pilots of the presence of other aircraft that may present a threat of collision. In case of the risk of collision, the system also tries to maneuver the aircraft to reduce the risk. The market is expected to grow significantly during the forecast period.
The Airborne Collision Avoidance System Market is expected to register at a CAGR of +6% during the forecast period of 2019–2026.
The latest report entitled “Global Airborne Collision Avoidance System Market from 2019 to 2026” has been recently added to the repository of report consultants. It encircles the evaluation made on the basis of key competitors who are showing active participation in determining how the market actually works. They have achieved great success in understanding what the expectations of their applications are and what the anticipated trends that may show up in the future.
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- Honeywell International Inc.
- Bae Systems PLC
- L3 Technologies, Inc.
- Saab Group
- Rockwell Collins, Inc.
- Garmin Ltd.
- Qinetiq Group PLC
- Thales Group
- Flarm Technology Ltd.
Market segmentation by Type:
- ACAS I & TCAS I
- ACAS II & TCAS II
- Portable Collision Avoidance System (PCAS)
Market segmentation by End Users:
- Original Equipment Manufacturer (OEM)
Geographically, a well-developed infrastructure of the global Airborne Collision Avoidance System Market, its awareness, regulatory framework are some of the factors that are driving the North Americans, Europe, Asia-Pacific, Middle East & Africans, and Latin Americans global market.
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At present, the manned aircraft segment has a higher market share compared to unmanned aircraft segment, as the procurement of new manned aircraft is projected to be more during the forecast period. Also, militaries like the US are upgrading their aircraft avionics to newer generation ones, which includes incorporating new Airborne collision avoidance systems.
Key highlights of the global Airborne Collision Avoidance System Market for the forecast years 2019-2026:
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- This report entails a detailed quantitative analysis of the current market trends from 2019 to 2026 to identify the prevailing opportunities.
- Market estimations are based on comprehensive analysis of the key developments in the industry.
- The global Airborne Collision Avoidance System market is comprehensively analyzed with respect to application, components, end user, and region.
- In-depth analysis based on region assists to understand the regional market to assist in strategic business planning.
- The development strategies adopted by key manufacturers are enlisted to understand the competitive scenario of the Airborne Collision Avoidance System market.
Industry analysis tools such as SWOT and Porter’s five techniques have been used for analyzing the global Airborne Collision Avoidance System Market. Moreover, development plans and policies are also presented in the report. For a stronger and effective outlook of the global market, this report has been elucidated with info-graphics. Additionally, it offers an investigation of global market pilots.