Market Trends of Military Aircraft Collision Avoidance Systems Industry
This section covers the major market trends shaping the Military ACAS Market according to our research experts:
The Unmanned Aircraft Segment is Anticipated to Growth with Highest CAGR During the Forecast Period
The unmanned aircraft segment is projected to register a high CAGR, owing to the growing UAV applications in the military and the rate at which the procurements of UAVs are growing among the militaries. The increasing usage of unmanned aircraft such as UAVs and other automated drones has been driving the demand for aircraft collision avoidance systems. Additionally, the rising defense expenditure and growing adoption of unmanned aerial vehicles for numerous applications from defense forces drive the growth of the market.
For instance, in January 2022, Sagetech Avionics, the United States-based aerospace technology company, teamed up with Northeast UAS Airspace Integration Research Alliance, Inc. (NUAIR) to work together to test Detect and Avoid (DAA) solutions, and Automatic Dependent Surveillance-Broadcast (ADS-B) transponders, which were developed by Sagetech Avionics. General Electric, together with its partners, is working on drone flights integrating the next-generation airborne collision avoidance system (ACAS X), which is being developed jointly with the Federal Aviation Administration (FAA). Furthermore, in July 2022, Iris Automation, a collision avoidance technology provider enter into a partnership with Sagetech Avionics that will offer uncrewed aircraft an air risk mitigation solution. Through the partnership, Sagetech Avionics' TSO-approved MXS ADS-B transponder will be integrated with Iris Automation's detect-and-avoid (DAA) system, Casia via Sagetech's ACAS X sensor fusion and collision avoidance module. This becomes a complete air risk mitigation solution for detection and avoidance. Several developments are expected to drive the unmanned aircraft segment of the market.
Asia Pacific is Projected to Show Remarkable Growth During the Forecast Period
The Asia Pacific region is expected to witness the highest growth rate during the forecast period, owing to the presence of countries like China and India that spend significantly on military aircraft procurement. Growing political disputes, cross-border conflicts between India and China, and rising terrorist activities lead to increasing defense expenditures from countries like China and India. For instance, in 2021, China allocated a defense budget of USD 293 billion while India spent a total of USD 76.6 billion on its defense sector.
Furthermore, these countries have been developing new technologies to prevent aircraft collisions. For instance, in October 2022, Paras Aerospace, a subsidiary of Paras Defense and Space Technologies Limited showcased an unmanned combat aerial vehicle (UCAV) at DefExpo 2022 that is designed and manufactured in India. It is equipped with collision avoidance radar, electronic support and countermeasure systems, air-to-air radar, and other systems. Furthermore, several new developments and innovations for safety systems have been driving the implementation of collision avoidance systems on board aircraft. In May 2022, China developed a ground collision avoidance and air collision avoidance system that enables unmanned military drones to help in surveillance and reconnaissance. This technology is expected to gradually be employed in the existing fleet of China for better military aviation safety. Such developments are expected to drive the demand for collision avoidance systems across the Asia Pacific region.
