Global Airborne Collision Avoidance Systems Market to Reach $915.6 Million by 2030
The global market for Airborne Collision Avoidance Systems estimated at US$713.1 Million in the year 2022, is projected to reach a revised size of US$915.6 Million by 2030, growing at a CAGR of 3.2% over the analysis period 2022-2030. Fixed Wing, one of the segments analyzed in the report, is projected to record a 3.3% CAGR and reach US$603.6 Million by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Rotary Wing segment is readjusted to a revised 2.6% CAGR for the next 8-year period.The U.S. Market is Estimated at $194.3 Million, While China is Forecast to Grow at 5.6% CAGR
The Airborne Collision Avoidance Systems market in the U.S. is estimated at US$194.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$185.4 Million by the year 2030 trailing a CAGR of 5.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.7% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 1.4% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$120.6 Million by the year 2030.Select Competitors (Total 46 Featured) -
- Aspen Avionics, Inc.
- Becker Avionics Inc.
- Collins Aerospace
- FLARM Technology Ltd.
- Garmin International, Inc.
- Garrecht Avionik GmbH (AIR Avionics)
- Honeywell Aerospace
- L3 Commercial Aviation
- Sandel Avionics, Inc.
- Universal Avionics System Corporation
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- 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
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aspen Avionics, Inc.
- Becker Avionics Inc.
- Collins Aerospace
- FLARM Technology Ltd.
- Garmin International, Inc.
- Garrecht Avionik GmbH (AIR Avionics)
- Honeywell Aerospace
- L3 Commercial Aviation
- Sandel Avionics, Inc.
- Universal Avionics System Corporation
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 246 |
Published | March 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 713.1 Million |
Forecasted Market Value ( USD | $ 915.6 Million |
Compound Annual Growth Rate | 3.2% |
Regions Covered | Global |