Global Airborne Laser Obstacle Avoidance Monitoring Systems Market 2016-2020
- Published: Feb 2016
- Pages: 57
- SKU: IRTNTR8692
The 2021-2025 version of this report is just being published. Buy it now and get up to $1000 worth of free customization!
This global market research report presents a detailed segmentation of the airborne laser obstacle avoidance monitoring systems market by geography (Americas, APAC, and EMEA). It also provides a comprehensive analysis of the key drivers, challenges, and upcoming trends that influence market growth. The leading vendors analyzed in this market research are Finmeccanica, L-3 Communications, Lockheed Martin, Rockwell Collins, and Thales.
Overview of the global airborne laser obstacle avoidance monitoring systems market
The global market for airborne laser obstacle avoidance monitoring (LOAM) systems will grow moderately until 2020 and will post a CAGR of almost 4% during the forecast period. Traditionally, radars were used for the safe operation of aircraft fleets, but due to their inability to detect small, natural, and fabricated obstacles, experts from the industry were compelled to work on laser technologies to prevent airborne incidents. Due to the advent of eye-safe laser sources and developments in electro-optical and mechanical beam components, laser-based detection systems and equipment have developed into encouraging obstacle warning and avoidance technology for both fixed- and rotary-wing aircraft.
An important factor that will impel the prospects for growth in this market is the integration of 3D lasers for automatic prioritization. LOAM is capable of detecting obstacles in the trajectory of the rotorcraft. It classifies the obstacles, such as telephone or electrical cables and cableways, trees, poles, pylons, bridges, buildings, and hills, through the laser beam and automatically prioritizes the risky obstacles detected near the fleet. Its ability to promote safety by providing valuable and timely information to the crew in the form of visual and audio warnings will necessitate its adoption during the estimated period.
Geographical segmentation of the airborne LOAM systems market
In terms of geography, the EMEA region is anticipated to be the largest market for airborne LOAM systems during the forecast period. Though EMEA dominates the market for airborne LOAM systems, the APAC region is envisaged to witness the highest market growth rate until 2020. The countries in APAC are expected to witness growth due to factors like growing economy and rising tension between countries like Pakistan, India, and China. Furthermore, due to an increase in the defense budget in countries like Chain, India, Indonesia, Singapore, and North Korea, the market for airborne LOAM in APAC will grow rapidly until the end of 2020.
Competitive landscape and key vendors
In the global market for airborne LOAM systems, it has been observed that the end users of airborne LOAM systems are shifting their focus from quantity to quality. Therefore, maintaining a balance between cost and quality and simultaneously providing upgraded and retrofit solutions to meet modern military needs will pose a significant challenge for vendors.
Key vendors in the market are -
- L-3 Communications
- Lockheed Martin
- Rockwell Collins
Key questions answered in the report include
- What will the market size and the growth rate be in 2020?
- What are the key factors driving the airborne LOAM systems market?
- What are the key market trends impacting the growth of the airborne LOAM systems market?
- What are the challenges to market growth?
- Who are the key vendors in the airborne LOAM systems market?
- What are the market opportunities and threats faced by the vendors in the airborne LOAM systems market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the airborne LOAM systems market?
Technavio also offers customization on reports based on specific client requirement.
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Get your FREE sample now!
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Did you know?
Did you know?
Did you know?
Want to customize this report?
This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.