Market Research Report Store Airborne Collision Avoidance System Market project
"Airborne Collision Avoidance System Market projected to grow from an estimated USD 6.04
billion in 2017 to USD 7.97 billion by 2022" published in June 2017. It is a professional and
in-depth study.
Summary
Market Research Report Store announces a new report"Airborne Collision Avoidance System"
added to its database.The airborne collision avoidance system market is projected to grow from an
estimated USD 6.04 billion in 2017 to USD 7.97 billion by 2022, at a CAGR of 5.68% from 2017 to
2022. Regulatory mandates for the installation of ACAS II, rise in the number of UAVs in the
commercial airspace, and rise in the number of aircraft deliveries are the key factors driving the
airborne collision avoidance system market. However, implementation of ACAS in general aviation
aircraft is one of the most important opportunities in the airborne collision avoidance system market.
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Based on platform, the UAV segment is estimated to be the fastest-growing market of the
airborne collision avoidance system in 2017”
Based on platform, the UAV segment is estimated to be the fastest-growing market of the airborne
collision avoidance system in 2017. This growth can be attributed to the increasing demand for
commercial and military aircraft which currently utilize various systems for collision avoidance such as
Traffic Alert and Collision Avoidance System (TCAS), Automatic Dependent Surveillance-Broadcast
(ADS-B), Radar and Electro optical and Infrared Sensors (EO-IR) are some of the key factors driving
the growth of the airborne collision avoidance system market in the platform segment.
“North America is estimated to have accounted for a major share of the airborne collision
avoidance system market in 2017;
this market in the Asia-Pacific region is projected to grow at the highest CAGR during the forecast
period” North America is estimated to have accounted for the largest share of the airborne collision
avoidance system market in 2017. The aviation industry in North America has been witnessing strong
growth over the past few years. The growth of the airborne collision avoidance system market in North
America is expected to be driven by the increase in aircraft deliveries and rise in demand for new
aircraft. This market in the Asia-Pacific region is expected to grow at the highest CAGR during the
forecast period; increasing air passenger traffic, rising disposable incomes of the middle-class