Skip to main content

Terrain Awareness and Warning System (TAWS) Market: Global Market Key Manufacturers and Forecasts to 2022


According to the new market research report on Terrain Awareness and Warning System (TAWS) Market, the market in 2015 was valued at USD 144.6 Million and is expected to be worth USD 253.0 Million by 2022, at a CAGR of 5.8% between 2016 and 2022.  The major drivers for the growth of the terrain awareness and warning system market is the mandate from the aviation industry globally and paradigm shift from rail/road transport to air transport. Other important drivers for the TAWS market growth is due to the increase in the demand for fleet all over the world.

The market for the military and defence aircraft is expected to grow at the highest rate between 2016 and 2022. The demand for TAWS-installed military and defence operation aircraft is growing because of the increasing need for safety and increasing government expenditure in military and defence aircraft operation globally.
Class A system held a major share of the terrain awareness and warning system market owing to the high demand for Class A TAWS in commercial and military and defence aircraft. Class A system installation in commercial aircraft has reduced CFIT accidents in commercial aircraft globally. According to the International Air Transport Association (IATA) report published in 2014, CFIT accidents for commercial aircraft has reduced since TAWS was deployed in commercial aircraft. The report also states that in 2011, total 10 CFIT accidents were reported, whereas in 2014, it was reduced to total 5 CFIT accidents.
Request PDF Brochure : https://www.marketsandmarkets.com/requestsampleNew.asp?id=168440166
Turbine-powered aircraft hold a major share of the terrain awareness and warning system market because of its advanced safety features, durability, and reliability compared to the piston-powered aircraft and increasing demand for turbine engine-based aircraft in commercial operations.
North America held the largest share of the terrain awareness and warning system market. Presence of key players such as Universal Avionics Systems Corporation (U.S.), Honeywell International Inc. (U.S.), L3 Technologies, Inc., Avidyne Corporation. (U.S.), Aviation Communication & Surveillance Systems (ACSS), LLC (U.S.), Garmin Ltd. (U.S.), and Rockwell Collins (U.S.) and huge government funding in the U.S. make the TAWS market attractive in the North American region.
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com
Labels:

Comments

Post a Comment

Popular posts from this blog

Global Mobile Video Surveillance Market Size, Demand Analysis, Growth Rate and Deep Industry Research Reports

According to the new market research report  " Mobile Video Surveillance Market  by Offering (Hardware (Cameras, Storage Solutions), Software (Video Analytics, VMS), Service), Application (Trains & Trams, Buses, Transport Vehicles, Police Cars, Drones), Vertical, and Geography - Global Forecast to 2023" , The mobile video surveillance market was valued at 1.40 Billion in 2017 and is expected to reach USD 2.32 Billion by 2023, at a CAGR of 8.77% between 2017 and 2023. The increasing installation of surveillance cameras, improving infrastructure and deployment capabilities, rising demand for intelligent and scalable mobile video surveillance solutions, rising demand for cloud-based surveillance solutions, and growing adoption of IP cameras are the driving factors for the mobile video surveillance market growth. Hardware includes cameras, storage solutions, video encoders, and so on. Hardware components have become technologically more advanced and affordable. The ri...
Post a Comment
Read more

Global Low Noise Amplifier (LNA) Market Inclined to Deliver Positive Growth Results until 2023

The Low Noise Amplifier (LNA) Market is expected to be worth USD 3.00 billion by 2023, at a CAGR of 13.8% between 2017 and 2023. The rapid development of space programs worldwide, evolution of 5G technology, and commercialization of IoT provide the key opportunities for the market . Some of the key factors driving the growth of this market are the huge demand from the smartphone market, adoption of E Band to meet growing bandwidth demand, and increasing usage of long-term evolution (LTE) technology . The major players of the LNA market are NXP Semiconductors N.V. ( Netherlands ), Analog Devices, Inc. ( US ), Infineon Technologies AG ( Germany ), L3 Narda-MITEQ (US), Qorvo, Inc. ( US ), Skyworks Solutions, Inc. ( US ), ON Semiconductor Corp. ( US ), Panasonic Corp. (Japan), Texas Instruments, Inc. ( US ), and Teledyne Microwave Solutions ( US ). The key innovators in the market are Custom MMIC (US), MACOM Technology Solutions Holdings, Inc. ( US ), SAGE Millimet...
Post a Comment
Read more

Global Mobile Biometrics Market Inclined to Deliver Positive Growth Results until 2022

The Mobile Biometrics Market is expected to grow from USD 4.03 Billion in 2015 to USD 49.33 Billion by 2022, at a CAGR of 29.3% between 2016 and 2022. The industrial consensus on developing intelligence in mobile devices drives the use of biometric technology. In the last few years, most of the smart phone companies have launched biometrics-enabled phones. While the focus is currently on fingerprint recognition technology, the market is trending toward advanced biometric technologies such as face, voice, iris, and others. Mobile biometrics is a technology used for security and authentication . The mobile biometrics market has witnessed enormous developments in the past few years. In the current scenario, consumer electronics industry holds the largest share of the market. Consumer electronics companies have shown extensive growth and hold a major share of the global mobile biometrics market. The mobile biometrics market is mainly driven by the strategic contracts, partnership...
Post a Comment
Read more