Zion Market Research, the market research group announced the analysis report titled ‘Terrain Awareness and Warning System Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024‘
Global Terrain Awareness and Warning System Market: Overview
In order to prevent controlled flight into terrain mishaps, the terrain awareness and warning systems (TAWS) are used. The technology changes the course according to the terrain and according to the weather conditions thus providing an important layer of security for the aircraft navigation. As per the aircraft’s direction, position, and speed and also according to the aircraft’s configuration and altitude the terrain awareness and warning system draws data with the help of GPS. This data is used for comparison with the data that is related to earth’s terrain and hurdles that are made by man.
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Global Terrain Awareness and Warning System Market: Segmentation
The global terrain awareness and warning system are segmented into its system type, engine type, and application. On the basis of system type, the global market is segregated into Class A, B, and C. Based on the engine type, the market is divided into piston-powered and turbine powered. Depending on the various applications where terrain awareness and warning system are used include civil airlines, civilian/private rotorcraft, fighter planes, rotorcraft, commercial aircraft, chartered planes, military & defense aircraft, carrier planes, and other aircraft.
Global Terrain Awareness and Warning System Market: Growth Factors
The major factors that contributed to the market growth are the recent shift of the consumers in the transportation sector and the rise in the number of commercial flights. Moreover, the mandate that terrain awareness and warning systems should be present in the aircraft which is stipulated by the aviation regulation agencies is contributing to the market growth. Several developed regions have compelled to use TAWS for the aircraft protection is helping the market to grow. The TAWS are being implemented in the cargo flights and private jets by the countries that have high technological base thus affecting the market positively. There are factors that are restraining the market growth which include the high deployment cost, lack of skilled professionals and integrators.
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Global Terrain Awareness and Warning System Market: Regional Analysis
Geographically, the terrain awareness and warning system are diversified into regions such as North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The region that dominates the terrain awareness and warning system market are the North America and this dominance will be retained in the near future too. The factors that attribute this growth are the high funding that is made by the government for the hi-tech safety of the aircraft as per FAA mandates, the presence of the prominent market players in the region, and the strong technical base favors the market growth in the North American region. The high adoption of the advanced aircraft systems is favoring the market growth in the Asia-Pacific and European regions.
Global Terrain Awareness and Warning System Market: Competitive Players
The major market players in the terrain awareness and warning system market include Universal Avionics Systems Corporation, L3 Technologies, Aviation Communication & Surveillance Systems(ACSS), LLC, Rockwell Collins, Aspen Avionics, Inc., Genesys Aerosystems, Honeywell International Inc., Avidyne Corporation, Garmin Ltd., Sandel Avionics, Inc., and Mid-Continent Instrument Co., Inc.
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Global Terrain Awareness and Warning System Market: Regional Segment Analysis
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
What Reports Provides
- Full in-depth analysis of the parent market
- Important changes in market dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional markets
- Testimonials to companies in order to fortify their foothold in the market.
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