Airborne Collision Avoidance System Market worth $797.1 Million by 2022 (1)

1
Airborne Collision Avoidance System Market worth
797.1 Million by 2022
This report provides an analysis of the airborne
collision avoidance system market over the next
five years. It discusses industry and technology
trends that are currently prevailing in the
airborne collision avoidance system market. It
analyses the factors that drive and restrain the
growth of the airborne collision avoidance
system market as well as the challenges faced by
it. The airborne collision avoidance system
market is projected to grow from an estimated
6.04 billion in 2017 to 7.97 billion by 2022,
at a CAGR of 5.68 from 2017 to 2022. Some of
the key drivers in the growth of the airborne
collision avoidance system market include rise in
the number of UAVs in the commercial
airspace. Download PDF Brochure
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id238254805 Browse 74 market data tables and 46
figures spread through 126 pages and in-depth TOC
on "Airborne Collision Avoidance System
Market" Early buyers will receive 10
customization on this report. With the
introduction of various technologies such as mode
s c transponder, TCAS Alert Prevention (TCAP),
sense and avoid module for UAVs have increased
manifold and is prevalent in this market. Among
end use, the aftermarket segment of the airborne
collision avoidance system is projected to be the
fastest-growing market the during the forecast
period. Aircraft aftermarket components are
primarily used in the maintenance and upgrade of
aircraft. These components are supplied once the
aircraft is delivered to airlines. Aftermarket
services include complete maintenance, repair,
and overhaul of aircraft, specializing in both,
metallic and composite repair techniques. Among
type, the ACAS I TCAS I segment of the airborne
collision avoidance system is projected to be the
fastest-growing market during the forecast
period. ACAS I TCAS I systems are relatively
expensive, and tend to be implemented on only on
larger aircraft. They are effective in avoiding
collisions only with other aircraft that are
equipped with functioning transponders.
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Among component, the mode s c transponder
segment of the airborne collision avoidance
system is projected to be the fastest-growing
market during the forecast period. Mode S
transponder is required to be installed and
operational for TCAS II. The Mode S transponder
performs normal functions to support the
ground-based ATC system. The North American
region is projected to lead the airborne
collision avoidance system market during the
forecast period. The Asia-Pacific airborne
collision avoidance system market is projected to
grow at the highest CAGR from 2017 to 2022, due
to increasing air passenger traffic, rising
disposable incomes of the middle-class
populations, and increasing aircraft deliveries.
The rise in new aircraft deliveries in this
region has propelled the demand for airborne
collision avoidance systems, which is expected to
boost the airborne collision avoidance system
market during the forecast period. Speak to
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