Market Share of Military Aircraft Collision Avoidance Systems Industry
The military aircraft collision avoidance systems market is consolidated, with few players holding significant shares in the market. Some of the key players are Honeywell International Inc., L3Harris Technologies, Inc., Raytheon Technologies Corporation, Leonardo SpA, and Thales Group. As flight safety is one of the areas where aircraft OEMs spend more on reliability, irrespective of the pricing, companies are trying to manufacture advanced collision avoidance systems with enhanced capabilities to ensure more safety for pilots and troops. Players are also working along with the aviation authorities and government bodies as well as the military end-users to develop next-generation collision avoidance systems. Increased focus on R&D and entry into strategic partnerships are expected to help the players in the long run.
Military ACAS Market Leaders
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Honeywell International Inc.
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L3Harris Technologies Inc
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Leonardo SpA
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Thales Group
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Collins Aerospace (Raytheon Technologies Corporation)
*Disclaimer: Major Players sorted in no particular order