The Airborne Collision Avoidance System (ACAS) market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
An 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. If the risk of collision is imminent, the system initiates a maneuver that will reduce the risk of collision.
On the basis of end-use, the aftermarket segment of the airborne collision avoidance system market is expected to grow at the highest CAGR during the forecast period. This is attributed to the high demand for aircraft aftermarket components are primarily used in the maintenance and upgrade of aircraft. These components are supplied, once the aircraft is delivered to airlines.
In the global Airborne Collision Avoidance System (ACAS) market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In global market, the following companies are covered:
Honeywell
Rockwell Collins
ACSS
Flarm Technology
Air Avionics
Garmin
Universal Avionics
Sandel Avionics
Aspen Avionics
Becker Avionics
Market Segment by Product Type
ACAS I & TCAS I
ACAS II & TCAS II
Portable Collision Avoidance System (PCAS)
FLARM
Market Segment by Application
OEM
Aftermarket
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Airborne Collision Avoidance System (ACAS) market for the forecast period 2020 - 2025?
• What are the driving forces in the Airborne Collision Avoidance System (ACAS) market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Airborne Collision Avoidance System (ACAS) industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?