Please Wait.....
Report
Commercial Aircraft Collision Avoidance System - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts 2019 - 2029
Market Report I 2024-02-17 I 100 Pages I Mordor Intelligence
The Commercial Aircraft Collision Avoidance System Market size is estimated at USD 439.46 million in 2024, and is expected to reach USD 551.59 million by 2029, growing at a CAGR of 4.65% during the forecast period (2024-2029).
Key Highlights
-The aviation sector faced unmatched challenges due to covid-19 pandemic. The pandemic had a severe impact on the overall aviation sector due to the lockdown imposed by the government, airline shutdown, and reduced aircraft deliveries. Airbus, an aircraft OEM slowed the rate of plane making due to a loss of USD 2.09 billion in the first half of 2020. Also, the orders for new aircraft collapsed during the second quarter, as the reduced air traffic prompted airlines to cut spending commitments drastically. The market showed a strong recovery from 2021 due to increased air traffic and relaxation in government regulations.
-The enhanced safety regulations by the aviation regulatory authorities have necessitated the adoption of advanced collision avoidance systems on the existing fleet of commercial aircraft. As per the International Civil Aviation Organization (ICAO) Annex 10, Version 7.1, TCAS II is mandated by the US for commercial aircraft, including regional aircraft, with more than 30 seats or a maximum takeoff weight greater than 33,000 lbs.
-The rapid increase in global passenger traffic has encouraged airline operators to initiate procurement drives and place firm orders for new-generation aircraft. Since the installation of a collision-avoidance system is mandated as per the ICAO regulations, new aircraft deliveries may drive the prospects of line-fit installation of such equipment.
Commercial Aircraft Collision Avoidance System Market Trends
Narrow-Body Aircraft Segment Will Showcase Highest Growth During the Forecast Period
- The narrow-body aircraft segment is projected to show significant growth in the market during the forecast period. The growth is attributed to the increasing demand for narrow-body aircraft from airlines and growing aircraft deliveries from Airbus and Boeing. In 2022, Airbus and Boeing delivered 569 and 387 narrow-body aircraft, respectively.
- The growth of air passenger traffic is also supplemented by the emergence of the low-cost carrier (LCC) business model, wherein the primary focus of airline operators is on catering to more customers at a minimal cost per mile per passenger. The typical cost-saving practices of LCCs have promoted the adoption of a single aircraft type, generally a narrow-body aircraft, to minimize operational costs and earn maximum revenues by stimulating traffic through competitive pricing strategies.
- For instance, in June 2023, IndiGo announced the largest-ever single aircraft purchase order of 500 Airbus A320 family of narrow-body aircraft. The aircraft will be delivered between 2030 and 2035. The airlines announced that the order book consists of A320 New Engine Options (NEO), A321NEO, and A321XLR aircraft. Thus, growing demand for narrow-body aircraft and rising procurement contracts from airlines drive the growth of the segment during the forecast period.
North America to Dominate the Market During the Forecast Period
- sNorth America is anticipated to show significant growth in the commercial aircraft collision avoidance system market during the forecast period. The growth is due to the presence of a well-flourished aviation industry and the largest commercial aircraft fleet in the world.
- The US aerospace industry is mature and strongly supported by robust aviation infrastructure. The presence of a highly vigilant aviation regulatory agency, the FAA, which actively participates in the formulation and update of applicable regulations for civil and commercial aviation, has driven the adoption of mandated safety measures, such as the integration of CAS onboard every aircraft originating or operating in the US airspace.
- The growing air traffic has resulted in the procurement of more aircraft by many regional and international airline operators in the region. Boeing, one of the major aircraft OEMs based in the US, generates a huge demand for aircraft collision avoidance systems. As OEMs receive new orders for aircraft, the demand is simultaneously generated for commercial aircraft collision avoidance systems, as the FAA mandates the installation of collision systems in all active aircraft. Hence, the growing focus on passengers safety and strict regulations from FAA regarding flight safety drive the growth of the market across the region.
Commercial Aircraft Collision Avoidance System Industry Overview
The commercial aircraft collision avoidance system market is moderately consolidated in nature due to the presence of a few players holding significant shares in the market. Some of the major players dominating the market are THALES, L3Harris Technologies Inc., Honeywell International Inc., BAE Systems PLC, and Garmin Ltd. The manufacturers of commercial aircraft collision avoidance systems are investing in the development and integration of advanced features to complement or enhance their performance characteristics, including safety.
Collins Aerospace, a subsidiary of RTX Corporation, provides TTR-2100, the next-generation TCAS II system, which is based on technology the company developed for the 787 ISS-2100 integrated surveillance system. The TTR-2100 next-generation collision avoidance and surveillance technology enable both TCAS II and Traffic Computer (ADS-B In) capability. Thus, rising spending on research and development and increasing safety concerns will drive market growth in the coming years.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.3 Market Restraints
4.4 Porter's Five Forces Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 Aircraft Type
5.1.1 Narrowbody Aircraft
5.1.2 Widebody Aircraft
5.1.3 Regional Aircraft
5.2 Geography
5.2.1 North America
5.2.1.1 United States
5.2.1.2 Canada
5.2.2 Europe
5.2.2.1 United Kingdom
5.2.2.2 Germany
5.2.2.3 France
5.2.2.4 Italy
5.2.2.5 Rest of Europe
5.2.3 Asia-Pacific
5.2.3.1 China
5.2.3.2 India
5.2.3.3 Japan
5.2.3.4 South Korea
5.2.3.5 Rest of Asia-Pacific
5.2.4 Latin America
5.2.4.1 Brazil
5.2.4.2 Rest of Latin America
5.2.5 Middle East and Africa
5.2.5.1 United Arab Emirates
5.2.5.2 Saudi Arabia
5.2.5.3 Qatar
5.2.5.4 Rest of Middle East and Africa
6 COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Honeywell International Inc.
6.2.2 BAE Systems plc
6.2.3 THALES
6.2.4 L3 Harris Technologies, Inc.
6.2.5 Garmin Ltd.
6.2.6 RTX Corporation
6.2.7 Saab AB
6.2.8 FLARM Technology
6.2.9 The QinetiQ Group
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security