Military Collision Avoidance System Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

The airborne collision avoidance system came into reality to diminish the risk of mid-air collisions or near mid-air collisions between aircrafts. This system is grounded on secondary surveillance radar (SSR) transponder signals. It utilizes the mode S & C transponders of nearby aircrafts, thereby following their altitude and range and delivers this information to the pilots. Strict norms set by regulatory bodies, rise in number of mid-air collisions, and rise in air traffic are some of the major factors driving the growth of the airborne collision avoidance system. Moreover, implementation of ACAS in general aviation aircraft is anticipated to brine new opportunities for the market.

MARKET SCOPE

The "Global Military Collision Avoidance System Market Analysis to 2031" is a specialized and in-depth study of the power generation with a special focus on the global market trend analysis. The report aims to provide an overview of the military collision avoidance system market with detailed market segmentation by platform, component, and type, and geography. The report provides key statistics on the market status of the leading military collision avoidance system market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  On the basis of platform the market is segmented into Fixed Wing, Rotary Wing, and Unmanned Aerial Vehicle (UAV)

  On the basis component, the market is segmented into Processor, Mode S and C Transponder, and Display Unit

  On the basis type, the market is segmented into ACAS II and TCAS II, ACAS I and TCAS I, Flarm, and Portable Collision Avoidance System (PCAS)

MARKET DYNAMICS

Drivers-

  The growing emphasis on military aircraft safety propels the market growth

  The growing focus on advancing the surveillance drones and multi-rotor aircrafts drives the market growth
Restraints-

  Stringent Mandatory Certifications Might Restraints the Market Growth

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM). The military collision avoidance system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five region, evaluating political, economic, social and technological factors affecting the military collision avoidance system market in these regions.

IMPACT OF COVID-19 ON MILITARY COLLISION AVOIDANCE SYSTEM MARKET

The emergence of the COVID-19 has severely impacted the aerospace industries, which resulted decline in the military collision avoidance system market in the year 2021. The restrictions on aircraft operations during Q2 and Q3 of 2021 disrupted the businesses of collision avoidance system providers and airline operators with MRO facilities. The civil aviation industry across the region experienced dramatic changes in the first half of 2021. According to Bureau of Transportation Statistics (BTS), US, the domestic air travel across the US experienced a 97% decrease in passenger revenue from February to April 2021. The Canadian and Mexican aviation industry also experienced similar trends. This impacted the civil aviation manufacturers leading to decline in demand for commercial aircrafts from the region. Therefore, the COVID-19 pandemic negatively impacted the military collision avoidance system market heavily. Further, after restarting the airline businesses, most airlines are operating with a minimum number of aircraft fleets. In addition, a substantial volume of aircraft fleet was sent to long-term storage as the demand declined post-re-opening of the airline business. This also hampered the market dynamics during the initial phase of 2021.

MARKET PLAYERS

The report covers key developments in the military collision avoidance system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as advancement in products, reallocation of resources and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players in the military collision avoidance system market are anticipated to provide lucrative growth opportunities in the future owing to growing safety awareness.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the military collision avoidance system market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   Honeywell International Inc.
  
•   L3Harris Technologies, Inc
  
•   Collins Aerospace
  
•   Leonardo SpA
  
•   Thales Group
  
•   Garmin Aerospace
  
•   Avidyne Corporation
  
•   Sandel Avionics Inc.
  
•   FLARM Technology Ltd
  
•   Lockheed Martin Corporation
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Military Collision Avoidance System Report Scope

Report Attribute	Details
Market size in 2023	US$ XX Million
Market Size by 2031	US$ XX Million
Global CAGR (2023 - 2031)	XX%
Historical Data	2021-2022
Forecast period	2024-2031
Segments Covered	By Platform Fixed Wing Rotary Wing Unmanned Aerial Vehicle By Component Processor Mode S and C Transponder Display Unit By Type ACAS II and TCAS II ACAS I and TCAS I Flarm Portable Collision Avoidance System
Regions and Countries Covered	North America US Canada Mexico Europe UK Germany France Russia Italy Rest of Europe Asia-Pacific China India Japan Australia Rest of Asia-Pacific South and Central America Brazil Argentina Rest of South and Central America Middle East and Africa South Africa Saudi Arabia UAE Rest of Middle East and Africa
Market leaders and key company profiles	Honeywell International Inc. L3Harris Technologies, Inc Collins Aerospace Leonardo SpA Thales Group Garmin Aerospace Avidyne Corporation Sandel Avionics Inc. FLARM Technology Ltd