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Airborne Collision Avoidance System Market Trends

  • Report ID: GMI7542
  • Published Date: Nov 2023
  • Report Format: PDF

Airborne Collision Avoidance System Market Trends

The evolution of airborne collision avoidance systems entails incorporating advanced technologies, such as AI, ML & enhanced sensors, to improve accuracy and reduce false alarms. Globally, stringent aviation safety regulations are driving demand for upgraded ACAS versions, promoting adoption across a wide range of aircraft types. This dual approach, which combines technological advancements with regulatory compliance, is propelling the aviation industry toward safer, more efficient collision avoidance systems.
 

Rising air traffic in emerging markets is spurring the adoption of ACAS to meet safety and international aviation standards. Concurrently, the rise of autonomous aviation and UAVs is propelling the development of specialized collision avoidance systems for these platforms, bolstering the growing drone industry. This dual emphasis on accommodating increased air traffic safety in emerging markets while tailoring solutions for autonomous vehicles reflects the dynamic evolution of these systems to address diverse aviation segments while also advancing safety standards.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Airborne collision avoidance system (ACAS) market size crossed USD 998.1 billion in 2022 and is expected to register 5% CAGR from 2023-2032 due to the rapid expansion of the UAV industry for various global applications, such as delivery services, surveillance, and mapping.

The ACAS I & TCAS I type segment held over 35% share of the ACAS industry in 2022 and is expected to register appreciable CAGR from 2023-2032 due to the greater emphasis on safety standards, even in smaller aircraft operations.

What factors are influencing ACAS market growth in North America?

Honeywell International Inc., Lockheed Martin Corporation, BAE Systems Plc, L3 Technologies, Inc., Saab Group, Rockwell Collins Inc., and Garmin Ltd. are some of the major ACAS companies worldwide.

Airborne Collision Avoidance System Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 358
  • Countries covered: 20
  • Pages: 200
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