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An airborne collision avoidance system is a device designed to reduce mid-air collisions. It monitors the airspace around an aircraft and interrogates with other nearby aircraft fitted with a transponder. The system works independent of air traffic control and alerts pilots of the presence of other aircraft to prevent potential mid-air collisions. The demand for commercial aircraft airborne collision avoidance system (ACAS) is directly proportional to the increasing demand for global commercial aircraft avionics. It is mainly driven by the rising need for safety, airworthiness, and operational efficiency. To access the full table of contents of the report click below: <||>rnhttps://www.marketintelreports.com/report/tech1802/global-commercial-aircraft-airborne-collision-avoidance-system-acas-market-20172021
Scope of the Report: The increase in air traffic will be one of the major factors that will have a positive impact on the growth of the global commercial aircraft airborne collision avoidance system (ACAS) market till 2021. Over the years, air travel is the most preferred form of travel for many individuals. The popularity of air travel has mainly increased due to its quick and easy mode of transportation with slashed ticket prices. This has resulted in huge competition among aircraft operators and has increased the procurement of new aircraft and raising the air traffic. Also, economic development and low-cost business model have enabled passengers in developing countries, such as China, India, Indonesia, and Russia, to choose air travel. The growing passenger traffic, with the addition of technologically enhanced aircraft, will boost the growth of the global commercial aircraft ACAS market. Our market research analysts predict that this market will grow at a CAGR of more than 5.35% by 2021.
Market overview Market size and forecast Five forces analysis PART 06: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application Global narrow-body aircraft ACAS market Global wide-body aircraft ACAS market Global regional aircraft ACAS market PART 07: REGIONAL LANDSCAPE
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