Airborne Collision Avoidance System Market Growth Analysis over the Next Five Years

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Airborne Collision Avoidance System Market
Expected to Reach 797.1 Million by 2022

• The report "Airborne Collision Avoidance System
  Market by Type (ACAS I ACAS I, ACAS II ACAS
  II, PCAS, FLARM), Platform (Fixed wing, Rotary
  Wing, UAV), Component (Processor, Mode S C
  transponder, Display unit), End-Use, and Region -
  Global Forecast to 2022", The global airborne
  collision avoidance system market is projected to
  grow from USD 604.7 Million in 2017 to USD
• Million by 2022, at a CAGR of 5.68 from 2017 to
  2022. Rise in the number of UAVs in the
  commercial airspace, and increased deliveries in
  the number of aircraft are the major factors
  driving the airborne collision avoidance system
  market.
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• Target Audience for this Report
• Aircraft OEMs
• Airborne Collision Avoidance System Manufacturers
• Research Institutes and Organizations
• Military Service Providers
• Regulatory Bodies
• Subcomponent Manufacturers
• Technology Support Providers
• Maintenance, Repair, and Overhaul (MRO) Service
  Providers
• Based on platform, the fixed wing segment is
  projected to lead the airborne collision
  avoidance system market during the forecast
  period
• On the basis of platform, the fixed wing segment
  is estimated to lead the airborne collision
  avoidance system market during the forecast
  period. The commercial and military aviation
  sectors have witnessed significant growth over
  the past few years, and this trend is anticipated
  to continue in the near future. The increase in
  commercial aviation operations, rise in air
  travel, and increase in defense expenditures are
  some of the key factors driving the growth of the
  airborne collision avoidance system market in the
  fixed wing segment.
• Based on component, the mode s c transponder
  segment is projected to grow at the highest CAGR
  during the forecast period
• On the basis of component, the mode s c
  transponder segment of the airborne collision
  avoidance system market is projected to grow at
  the highest CAGR during the forecast period. This
  is attributed to

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the demand for TCAS II installations which
provide air-to-air data exchange among
TCAS-equipped aircraft, so that coordinated,
complementary resolution advisories can be issued
when required. North America is projected to lead
the airborne collision avoidance system market
during the forecast period North America is
projected to lead the airborne collision
avoidance system market during the forecast
period. The growth of the airborne collision
avoidance system market in North America is
expected to be driven by the increase in
aircraft deliveries and rise in demand for new
aircraft entering the market. Major players
profiled in the airborne collision avoidance
system market report are Honeywell International
Inc. (U.S.), Lockheed Martin Corporation (U.S.),
BAE Systems Plc (U.K.), L 3 Technologies, Inc.
(U.S.), and Saab Group (Sweden), among
others. Get Discount on Report _at_
https//www.marketsandmarkets.com/discountreports.
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