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Airborne Collision Avoidance System Market Size

  • Report ID: GMI7542
  • Published Date: Jun 2024
  • Report Format: PDF

Airborne Collision Avoidance System Market Size

Airborne Collision Avoidance System Market was valued at over USD 1.1 billion in 2023 and is anticipated to grow at a CAGR of around 5% between 2024 and 2032.

 

Airborne collision avoidance system is an aviation safety technology used in aircraft to detect and prevent potential collisions with other aircraft. It operates by exchanging data between aircraft, providing pilots with advisories to avoid mid-air collisions. The system uses transponder signals to calculate potential conflicts, offering resolution advisories to pilots for evasive action and enhancing air safety in crowded airspace. With the rapid expansion of the UAV industry for various applications, such as delivery services, surveillance, and mapping, the need for collision avoidance technology to ensure airspace safety has intensified. ACAS integration into UAVs enhances their safety, driving market growth as regulations increasingly mandate such safety measures for UAV operations.
 

For instance, in July 2022, Iris Automation and Sagetech Avionics partnered to offer a comprehensive air risk mitigation solution to move the UAV industry one step closer to future BVLOS flight.
 

Integrating airborne collision avoidance systems (ACAS) with existing air traffic control (ATC) systems presents challenges due to differing technologies and protocols. Achieving seamless communication and data exchange between ACAS & diverse ATC systems globally requires standardization efforts. Compatibility issues and the need for synchronized protocols pose hurdles. Ensuring efficient integration without disrupting ATC operations demands collaborative efforts among stakeholders along with careful technological alignment.

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

The Airborne Collision Avoidance System (ACAS) market was valued at over USD 1.1 billion in 2023 and is anticipated to grow at 5% CAGR between 2023 and 2032 owing to the growing demand for ACAS in UAVs.

The Unmanned Aerial Vehicles (UAVs) segment in the airborne collision avoidance system market is anticipated to register over 6.5% CAGR during 2024 2032 due to the rising use of UAVs in various industries, such as logistics, agriculture, surveillance, and entertainment.

North America market held over 35% revenue share in 2023, attributed to the growing aviation industry, combined with stringent safety regulations.

Honeywell International Inc., Lockheed Martin Corporation, BAE Systems Plc, L3 Technologies, Inc., Saab Group, Rockwell Collins Inc., and Garmin Ltd.

Airborne Collision Avoidance System Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 336
  • Countries covered: 21
  • Pages: 200
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