Global Terrain Awareness and Warning System (TAWS) Market to Reach $326 Million by 2030
The global market for Terrain Awareness and Warning System (TAWS) estimated at US$230.5 Million in the year 2022, is projected to reach a revised size of US$326 Million by 2030, growing at a CAGR of 4.4% over the analysis period 2022-2030. Class A, one of the segments analyzed in the report, is projected to record 5% CAGR and reach US$165.3 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Class B segment is readjusted to a revised 4% CAGR for the next 8-year period.The U.S. Market is Estimated at $68.9 Million, While China is Forecast to Grow at 4% CAGR
The Terrain Awareness and Warning System (TAWS) market in the U.S. is estimated at US$68.9 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$56.7 Million by the year 2030 trailing a CAGR of 4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.Select Competitors (Total 44 Featured) -
- Aspen Avionics, Inc.
- Aviation Communication & Surveillance Systems, LLC (ACSS)
- Avidyne Corporation
- Garmin Ltd.
- Genesys Aerosystems
- Honeywell International, Inc.
- L3 Technologies, Inc.
- Mid-Continent Instrument Co. Inc.
- Rockwell Collins, Inc.
- Sandel Avionics, Inc.
- Universal Avionics Systems Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aspen Avionics, Inc.
- Aviation Communication & Surveillance Systems, LLC (ACSS)
- Avidyne Corporation
- Garmin Ltd.
- Genesys Aerosystems
- Honeywell International, Inc.
- L3 Technologies, Inc.
- Mid-Continent Instrument Co. Inc.
- Rockwell Collins, Inc.
- Sandel Avionics, Inc.
- Universal Avionics Systems Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 243 |
Published | May 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 230.5 Million |
Forecasted Market Value ( USD | $ 326 Million |
Compound Annual Growth Rate | 4.4% |
Regions Covered | Global |