Airborne Collision Avoidance System Market Expected to Reach $797.1 Million by 2022

1. Airborne Collision Avoidance System MarketExpectedtoReach$797.1Millionby 2022 • The report "Airborne Collision Avoidance System Marketby Type (ACAS I & ACAS I, ACAS II & ACASII,PCAS,FLARM),Platform(Fixedwing,RotaryWing,UAV),Component(Processor,Mode S & C transponder, Display unit), End-Use, and Region - Global Forecast to 2022", The global airborne collision avoidance system market is projected to grow from USD 604.7 Million in 2017 toUSD • Million by 2022, at a CAGR of 5.68% from 2017 to 2022. Rise in the number of UAVs in the commercial airspace, and increased deliveries in the number of aircraft are the major factors driving the airborne collision avoidance systemmarket. • Get 10% Free Customization@ • https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=238254805 • Target Audience for thisReport: • AircraftOEMs • Airborne Collision Avoidance SystemManufacturers • Research Institutes andOrganizations • Military ServiceProviders • RegulatoryBodies • SubcomponentManufacturers • Technology SupportProviders • Maintenance, Repair, and Overhaul (MRO) ServiceProviders • Basedonplatform,thefixedwingsegmentisprojectedtoleadtheairbornecollisionavoidancesystem market during the forecastperiod • On the basis of platform, the fixed wing segment is estimated to lead the airborne collision avoidance system market during the forecast period. The commercial and military aviation sectors have witnessed significantgrowthoverthepastfewyears,andthistrendisanticipatedtocontinueinthenearfuture. The increase in commercial aviation operations, rise in air travel, and increase in defense expenditures are someofthekeyfactorsdrivingthegrowthoftheairbornecollisionavoidance system marketinthefixed wingsegment. • Basedoncomponent,themodes&ctranspondersegmentisprojectedtogrowatthehighestCAGR during the forecastperiod • On the basis of component, the mode s & c transponder segment of the airborne collision avoidance system market is projected to grow at the highest CAGR during the forecast period. This is attributedto

2. the demand for TCAS II installations which provide air-to-air data exchange among TCAS-equipped aircraft, so that coordinated, complementary resolution advisories can be issued whenrequired. North America is projected to lead the airborne collision avoidance system market during the forecast period North America is projected to lead the airborne collision avoidance system market during the forecast period.Thegrowthoftheairbornecollisionavoidance systemmarketinNorthAmericaisexpectedtobe drivenbytheincreaseinaircraftdeliveriesand riseindemandfornewaircraftenteringthemarket. Major players profiled in the airborne collision avoidance system market report are Honeywell International Inc. (U.S.), Lockheed MartinCorporation (U.S.), BAE Systems Plc (U.K.), L 3 Technologies, Inc. (U.S.), and Saab Group (Sweden), amongothers. Get Discount on Report @https://www.marketsandmarkets.com/discountreports.asp?id=238254805 About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000topofficers acrosseightindustriesworldwideapproachMarketsandMarkets™fortheirpainpoints around revenuesdecisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clientstoidentifynewopportunities,identifymostimportantcustomers,write"Attack,avoidanddefend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™nowcomingupwith1,500MicroQuadrants(Positioningtopplayers acrossleaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planningandhelpthemtaketheirinnovations/disruptionsearlytothemarketbyprovidingthemresearch ahead of thecurve. MarketsandMarkets’sflagshipcompetitiveintelligenceandmarketresearchplatform,"RT"connectsover 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of nichemarkets. Contact: Mr. Shelly Singh MarketsandMarkets™ 701 PikeStreet, Suite 2175,Seattle, WA 98101, UnitedStates 1-888-600-6441 Email:Newsletter@marketsandmarkets.com