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Terrain Awareness and Warning System Market Size, Share, Trends & Industry Growth Analysis Report to 2023-2030

The global terrain awareness and warning system market size was worth around USD 271.6 Million in 2022 and is predicted to grow to around USD 449.4 Million by 2030 with a compound annual growth rate (CAGR) of roughly 6.5% between 2023 and 2030.

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➤ The market growth is driven by the increased demand for traffic collision avoidance systems.

In November 2019, Airbus Helicopter selected the Lynx® Multilink Surveillance System from ACSS, a joint venture between L3Harris Technologies and Thales, for the NH90 platforms. The LYNX product line has been modified for helicopter applications and is considered the most cost-effective alternative while simultaneously ensuring the highest level of pilot safety and situational awareness. The sophisticated collision avoidance system is distinguished by its ability to reduce the likelihood of mid-air collisions and other operational safety features.

➤ The market’s development is significantly impeded by the exorbitant installation costs.

The flight crew is provided with visual notifications for the impending terrain and landing configuration by the terrain awareness and warning system. The TAWS equipment offers corrective operation to enhance situational awareness; however, the initial cost of TAWS is substantial in order to achieve the necessary level of safety. Consequently, the terrain awareness and warning systems industry is impeded by the high deployment and procuring costs of TAWS for aircraft.

➤ A lucrative opportunity is presented by the growing demand for sustainable aviation fuel solutions.

The Terrain Awareness and Warning System Market is expected to grow as a result of the increasing demand for sustainable aviation fuel options, which is being driven by the successful implementation of low-carbon technology and government initiatives to promote the use of environmentally friendly aircraft, according to estimates. Additionally, the commercial aviation sector is increasingly employing synthetic fuels to mitigate the environmental consequences of air travel.

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The Global Terrain Awareness and Warning System Market is segmented based on product, application and region

Global Terrain Awareness and Warning System Market: Product Segment Analysis

● Class A System
● Class B System
● Class C System

Global Terrain Awareness and Warning System Market: Application Segment Analysis

● Commercial Aircraft
● Military & Defense Aircraft
● Helicopter

The global Terrain Awareness and Warning System market profiles key players such as:

● Aspen Avionics Inc.
● Avidyne Corporation
● Garmin Ltd.
● Genesys Aerosystems
● Honeywell International Inc.
● L3Harris Technologies Inc.
● Mid-Continent Instrument Co. Inc.
● Collins Aerospace
● Nighthawk Flight Systems Inc.
● Leonardo S.p.A.
● Thales
● Sarasota Avionics International
● Universal Avionics Systems
● Sandel Avionics

???? Recent Developments:

• The first global deployment of Leonardo’s Improved Helicopter Terrain Awareness and Warning System (H-TAWS) on the CHC AW139 fleet operating in Campos, Brazil for Shell was made feasible in March 2021 as a result of a collaboration between CHC Group, Shell Brazil, and Leonardo Helicopters. The aircraft’s precise three-dimensional position and velocity are computed in real-time using H-TAWS software and hardware, which are based on precise databases of the terrain’s height and the locations of hazardous obstructions.

• Omni Taxi Aereo (OTA) announced the launch of the world’s first helicopter terrain awareness and warning system (HTAWS) in July 2021. The most recent HTAWS has been installed on two AW139 aircraft that are based in Brazil, enabling them to receive earlier collision warnings. It is accompanied by enhanced offshore patterns.

➤ The market is anticipated to be dominated by North America during the forecast period.

The global terrain awareness and warning system market is anticipated to be dominated by North America during the forecast period. The development of avionics systems, the growing emphasis on airport management, and the prominence of numerous aircraft OEMs, such as Boeing Corporation and Lockheed Martin Corp., are all contributing to the emergence of a highly competitive environment in these regions. In response to the increasing demand for travel, United Airlines declared in March 2021 that it would augment its existing order of 25 Boeing 737 MAX aircraft.

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