Military aircraft collision avoidance avionics Market 2023-2032 With Strategic Trends Growth, Revenue, Demand & Future Potential Of Industry


Posted July 4, 2023 by Rajeevthakur

The global military aircraft collision avoidance avionics market is experiencing a significant growth due to increasing military fleet of developing countries

 
The global military aircraft collision avoidance avionics market is experiencing a significant growth due to increasing military fleet of developing countries. Military aircraft avionics systems compromise various electronic systems and vast array of sensors installed in the aircraft as well as integrated into the cockpit to execute specialized functions such as communication, navigation, and monitoring the aircraft functions. Collision avoidance avionics specializes in aircraft collision avoidance system. Especially, these components play a vital role during situations of war during which the aircraft operator has to maintain a high level of situational awareness. Currently, advanced military avionics systems include more software and less hardware, which favors the maintenance requirements.

COVID-19 scenario analysis:
COVID-19 pandemic has forced governments around the world to refrain from mobilizing military personnel to prevent the spread of disease, hence slowing down military movement and reduced usage of military aircrafts.

The delay in order processing and procurement due to supply chain restrictions caused by the COVID-19 has put hold on all ongoing military aircraft avionics projects.

Governments are diverting all economic resources to combat COVID-19 scenario, at the same time military organizations are left with huge budgetary constraints impacting ongoing aircraft avionics upgradation.

The lockdown and social distancing imposed by authorities to contain the COVID-19 will negatively impact military aircraft avionics system training of the personnel.

Military has been called to aid in COVID-19 crisis by respective countries, consequently diverting all focus on civilian aid, rendering combat aircraft avionics impractical in short term.

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The global military aircraft collision avoidance avionics market trends are as follows:

Surge in retrofit and aircraft upgradation
The prevalent budgetary constraints faced by weaker economies such as Egypt, Libya, and Kenya favor investments in the upgrading and modernization of existing aircraft fleets through the addition of advanced avionics systems to extend their service lives. Recently, in 2020, Lockheed Martin Corporation (aerospace & defense manufacturer headquartered in Maryland, US) received a 512 million USD contract to provide eight F-16 Block 70 single-seat jet fighters to the government of Bulgaria. Block 70 F-16 aircraft, which is the newest and most advanced F-16 production avionics configuration such as AN/APG-83 active electronically scanned array (AESA) radar. This variant, called the Viper, first flew in October 2015. It has a center pedestal display, and a modernized mission computer. The plane also has structural upgrades to extend the structural life of the aircraft that includes an advanced data link, targeting pod, weapons, GPS navigation, and automatic ground collision avoidance system (Auto GCAS). Such surge in retrofit & aircraft upgradation is expected to further drive the global military aircraft collision avoidance avionics market.

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Key benefits of the report:

This study presents the analytical depiction of the global military aircraft collision avoidance avionics industry along with the current trends and future estimations to determine the imminent investment pockets.
The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global military aircraft collision avoidance avionics market share.
The current market is quantitatively analyzed to highlight the global military aircraft collision avoidance avionics market growth scenario.
Porterโ€™s five forces analysis illustrates the potency of buyers & suppliers in the market.
The report provides a detailed global military aircraft collision avoidance avionics market analysis based on competitive intensity and how the competition will take shape in coming years.

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Issued By Rajeev Thakur
Country United States
Categories Aerospace , Defense
Tags military aircraft collision avoidance avionics market demand , military aircraft collision avoidance avionics market share , military aircraft collision avoidance avionics market size
Last Updated July 4, 2023