2018-2030 Terrain Awareness and Warning System Market Size Detailed Report with Downstream Market Analysis | Research by Absolute Reports
Rising demand in the defense and commercial aircraft, advanced aviation technology, and high demand for collision avoidance systems is increasing the demand for the Global Terrain Awareness and Warning System Market.
According to the TechSci Research report, “Terrain Awareness and Warning System Market– Global Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2030F”, the Global Terrain Awareness and Warning System Marketis anticipated to register a rapid CAGR in the upcoming years.
A Terrain Awareness and Warning System (TAWS) is a safety net that alerts pilots when their aircraft is in potentially dangerous proximity to terrain, generally based entirely on radio altimeter readings and terrain closure costs derived from them. Accidents caused by controlled flight over terrain have dropped dramatically since the advent of terrain awareness and warning systems. . This technology not only provides a range of life-saving information but also acts as a very important layer of protection when aircraft navigation changes in weather conditions on different terrains.
A major factor driving the growth of the global terrain awareness and warning systems market is the paradigm shift in the transportation sector, which has led to an increase in commercial flights. Additionally, the requirement by aviation regulators to equip aircraft with Terrain Awareness and Warning Systems is driving the growth of this market. The implementation of Terrain Awareness and Warning Systems on private jets and cargo flights also expands the growth opportunities for the market. Continued growth in international trade due to favorable business conditions in various countries around the world is expected to benefit the growth of this market as well. The Class A system market is also expected to be driven by increasing demand from commercial airlines and aircraft carriers.
The launching of the first helicopter terrain awareness and warning system in the world was announced by Omni Taxi Aereo (OTA) in July 2021. (HTAWS). Two AW139 aircraft based in Brazil have the newest HTAWS fitted, which is integrated with upgraded offshore modes and provides earlier warning of potential collisions.
Browse more thanXX market data Figures spread through 110 Pages and an in-depth TOC on “Terrain Awarenessand Warning System Market“
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The Global Terrain Awareness and Warning System Market can be segmented based on engine type, system type, application, and region, and competitive landscape. The. The market has been primarily divided into three types based on system type; they include class A system, class B system, and class C system. On the basis of engine type, the market is segmented into Turbine engines and piston engines. The market has been divided based on application into Civil Airlines, Chartered Planes, Civilian/Private Rotorcraft, Military & Defense Aircraft, Fighter Planes, Carrier Planes and Rotorcraft.
Some of the major players operating in the Global Terrain Awareness and Warning System Market include:
- Aspen Avionics, Inc.
- Avidyne Corporation
- Garmin Ltd.
- Genesys Aerosystems Group, Inc
- Aviation Communication and Surveillance Systems, LLC
- Honeywell International Inc.
- L3 Technologies Inc
- Mid-Continent Instrument Co., Inc.
- United Technologies Corp
- Universal Avionics Systems Corporation
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“Many companies are investing in research and development to develop advanced technologies for the aviation industry. Terrain Awareness and Warning system not only advances aircraft performance but also improves operation and reduces air accidents. Also, this technology is making the aviation industry to be future ready,”said Mr. Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Terrain Awareness and Warning System Market–Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2030F, Segmented By System Type (Class A, Class B, Class C), By Engine Type (Piston Engine, Turbine Engine), By Application (Civil Airlines, Chartered Planes, Civilian/Private Rotorcraft, Military & Defense Aircraft, Fighter Planes, Carrier Planes and Rotorcraft), By Region,” has evaluated the future growth potential of Global Terrain Awareness and Warning System Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Terrain Awareness and Warning System Market.
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