The Commercial Aircraft Collision Avoidance System Market size is estimated at USD 439.46 million in 2024, and is expected to reach USD 551.59 million by 2029, growing at a CAGR of 4.65% during the forecast period (2024-2029).
The commercial aircraft collision avoidance system market is moderately consolidated in nature due to the presence of a few players holding significant shares in the market. Some of the major players dominating the market are THALES, L3Harris Technologies Inc., Honeywell International Inc., BAE Systems PLC, and Garmin Ltd. The manufacturers of commercial aircraft collision avoidance systems are investing in the development and integration of advanced features to complement or enhance their performance characteristics, including safety.
Collins Aerospace, a subsidiary of RTX Corporation, provides TTR-2100, the next-generation TCAS II system, which is based on technology the company developed for the 787 ISS-2100 integrated surveillance system. The TTR-2100 next-generation collision avoidance and surveillance technology enable both TCAS II and Traffic Computer (ADS-B In) capability. Thus, rising spending on research and development and increasing safety concerns will drive market growth in the coming years.
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