Airborne Collision Avoidance System Market Size
Airborne Collision Avoidance System Market was worth more than USD 1.1 billion in 2023 and is expected to grow at a CAGR of approximately 5% from 2024 to 2032.
To obtain key market trends
Airborne collision avoidance system is an aviation safety technology employed in aircraft to detect and avoid possible collisions with other aircraft. It works by transferring information between planes, giving pilots warnings to prevent mid-air crashes. The system computes potential conflicts using transponder signals and presents resolution advisories to pilots for evasive maneuvers and improving air safety in busy airspace. As the UAV sector expands quickly for diverse uses, including delivery services, surveillance, and mapping, the demand for collision avoidance technology to maintain airspace safety has become more urgent. ACAS integration in UAVs increases their safety, promoting market growth with regulations increasingly demanding such safety for UAV operations.
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Airborne Collision Avoidance System Market Trends
Evolution of airborne collision avoidance systems involves integrating cutting-edge technologies like AI, ML & upgraded sensors to enhance precision and minimize false alarms. Strict aviation safety rules in the global market are stimulating the need for advanced versions of ACAS, encouraging uptake across broad fleets of aircraft types. This twofold strategy of achieving technological advancement through regulatory obligation is pushing the aviation market toward safer, more efficient collision avoidance systems.
Increases in air traffic in the growing markets are driving ACAS adoption to keep pace with safety and global aviation standards. As a parallel development, the emergence of autonomous aviation and UAVs is pushing the creation of dedicated collision avoidance systems for these vehicles, supporting the booming drone market. This two-fold focus on addressing increased air traffic safety in growth markets while modifying solutions for self-driving cars represents the dynamic evolution of these systems to serve multifaceted segments of aviation as well as propel safety standards.
Airborne Collision Avoidance System Market Analysis
Discover more about the predominant segments influencing this market
On the basis of type, the market is categorized into ACAS I & TCAS I, ACAS II & TCAS II, Portable Collision Avoidance System (PCAS), and FLARM. The ACAS I & TCAS I segment held the largest share of more than 35% in the global market in 2023.
Airborne Collision Avoidance Systems (ACAS I) and Traffic Alert and Collision Avoidance Systems (TCAS I) are particular collision avoidance systems developed for various categories of aircraft. TCAS I is usually fitted in light aircraft, providing rudimentary traffic advisory functions to warn pilots of surrounding traffic and threats of collisions.
With higher safety standards, even in the context of smaller aircraft operations, there will be increased demand for standard collision avoidance systems, including TCAS I. ACAS I and TCAS I provide minimum collision avoidance features, making them necessary for smaller aircraft or those flying in areas that lack radar. They are both cost-effective as well as meet regulatory standards, making them ready for expansion, improving airspace safety in the face of increasing air traffic densities.
Airborne Collision Avoidance System Market Share
Companies in the airborne collision avoidance system market concentrate on adopting various growth strategies to enhance their product offerings and increase their market share. The strategies include new product & service development & launches, collaborations & partnerships, mergers & acquisitions, and retaining customers. Companies also invest significantly in R&D activities to bring in innovative and technologically superior products.
Airborne Collision Avoidance System Market Companies
Major players operating in this industry are
- Honeywell International Inc.
- Lockheed Martin Corporation
- BAE Systems Plc
- L3 Technologies, Inc.
- Saab Group
- Rockwell Collins Inc.
- Garmin Ltd.
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Airborne Collision Avoidance System Industry News
- In November 2022, L3Harris Technologies selected G3000 tandem integrated flight deck (by Garmin Ltd.) as part of a U.S. Special Operations Command (USSOCOM) Armed Overwatch program contract.
- In February 2021, The European Commission, with Saab as leading partner, selected the European Detect and Avoid System (EUDAAS) consortium, developed for large military Remotely Piloted Aircraft Systems (RPAS) within the European Defence Industrial Development Programme.
The airborne collision avoidance system market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032 for the following segments
