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Terrain Awareness and Warning System Market by System Type, Engine Type, Application, and Geography - Global Forecasts to 2022

Terrain Awareness and Warning System Market: Global Forecasts until 2022

  • March 2017
  • 174 pages
  • ID: 4773675
In this report:
According to the annual report of Boeing (U.S.) published in 2014, there would be an increase in commercial aircraft by ##.##% till 2033, and the demand is expected to increase up to USD ##.## trillion for commercial aviation line worldwide because of increase in mode of air transport and increased GDP all over the world.

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"TAWS market is forecasted to grow at a CAGR (Compound annual growth rate) of 5.80 percent between 2016 and 2022"

According to the new market research report on TAWS, this sector is anticipated to be worth $253.00M by 2022, increasing at a compound annual growth rate (CAGR) of 5.80 percent between 2016 and 2022. The rise of this market can be attributed to growth in the number of fleet, paradigm shift from rail/road transport to air transport, and mandate to install TAWS in aircraft by the aviation ministry in countries including the U.S., the United Kingdom, and China (CN). Nevertheless, high deployment cost of TAWS in aircraft acts as a restraining factor for the increase of this market.

"The industry for Class A system is anticipated to be driven by the industry demand for civil airlines and carrier planes during the outlook period"

This business report contains Class A, Class B, and Class C system. Class A system hold a main share of the market in application including commercial aircraft and military and defense aircraft. The rise of Class A system commercial and military and defense aircraft can be accredited to the transport of explosives and weapons.

"The increase of turbine-powered aircraft is growing due to the growth in the sector demand for commercial aircraft"

This industry report includes TAWS-installed turbine- and piston-powered aircraft. The growth in demand for turbine-powered commercial aircraft is due to the growth in demand for new aircraft. New aircraft offer benefits over old aircraft model by helping airline operators in decreasing fuel usage and rising passenger capacity.

"The market demand for TAWS-based commercial aircraft is growing due to the rise in passenger travel and international trade globally"

The industry demand for TAWS-based commercial aircraft is rising due to the growth in passenger travel in economies including Asia Pacific and the Middle East (ME) and African continent. The increase in world economic GDP and rise of international business/trade in applications including perishable products, electronics appliances, and courier services.

"TAWS market in Asia-Pac forecasted to grow at the maximal rate"

This study contains regions including North America, EU, Asia Pacific (APAC), and Rest of the globe. The sector in Asia-Pacific is anticipated to grow at an important compound annual growth rate (CAGR) between 2016 and 2022. The main reason for the increase ot the TAWS market in the Asia Pacific (APAC) area is primarily because of growing security concerns and border disputes among other countries in the Asia-Pacific regions.

Key players' distribution profiles:

- By Company Type: Tier 1 - 20.0 percent, Tier 2 - 55.0 percent, and 1/3 3 - 25.0 percent

- By Designation: C-suite executives - 50.0 percent, Directors - 25.0 percent, and Managers - 25.0 percent

- By area: North america (NA) - 60.0 percent, APAC - 10.0 percent, Europe - 20.0 percent, and rest of the world - 10.0 percent

The firms that are profiled in the market research are Honeywell International Inc., Universal Avionics Systems Corporation, Aviation Communication & Surveillance Systems, Limited liability company, L3 Technologies, Incorporated, Avidyne Corporation. , Garmin Ltd., Rockwell Collins, Sandel Avionics, Inc., Aspen Avionics, Inc., Mid-Continent Instrument Co., Inc., and Genesys Aerosystems.

Segment Research

This analysis includes the main system providers and end users of TAWS. TAWS is deployed in commercial, military and defense, and other aircraft. Report also examines several engine types including turbine engine and piston engines. This market report also includes different system types including Class A, Class B, and Class C TAWS. The entire TAWS market is being broken down based on the territory into North America continent, Europe (EU), Asia-Pac, and RoW.

Why Purchasing This Study Can Help You:

- This business report includes the industry statistics pertaining to application, system type, engine type, and territory, together with their respective revenue.

- The porter's five forces scheme has been specified, together with the value chain study to offer a detailed insight into the TAWS market.

- The main drivers, market restraints, opportunities, and alternatives for the TAWS market have been precised in this industry report.

- Figures of segmentation, study, and estimate for the TAWS market established on application, system type, engine type, and area have been organized to give an global view of the TAWS market.

- An exhaustive competitive analysis has been provided including top players, complete study, and revenue of main actors.

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