Market Size of Military Aircraft Collision Avoidance Systems Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | > 4.00 % |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Military ACAS Market Analysis
The military aircraft collision avoidance systems market is expected to grow at a CAGR of more than 4% during the forecast period.
The COVID-19 pandemic had a minor impact on the market. Although the production of military aircraft was slowed down for a brief period in 2020, the increase in military expenditure from all the countries has driven the demand for new military aircraft and has consequently driven the demand for military aircraft collision avoidance systems.
Increasing defense expenditure, rising military aircraft procurement contracts, and growing military modernization programs drive the growth of the market. An increasing focus on military aircraft safety is the major factor driving the market growth. Military aircraft operate in hazardous conditions, hence there are high chances of mid-air collisions and fatal accidents. Thus, military forces adopt sophisticated airborne collision avoidance systems, as the systems help to improve the operational safety of aircraft and pilots or troops.
Military forces across the world are using unmanned aerial vehicles (UAVs) for long-range missions. The collision avoidance systems in UAVs use onboard sensors to generate an image of the airspace surrounding the UAV. The sensor data is used to analyze various conflicts such as collisions, TCAS violations, and airspace violations. Since the implementation of collision avoidance systems is mandatory in UAVs, an increase in the adoption of UAVs may increase the demand for these systems, as they help to improve operational safety and enhance the lifetime of UAVs.
