The global autonomous aircraft radars & transponders market is experiencing a significant growth due to increasing procurement of autonomous UAVs globally. Autonomous aircraft is a fully automated manned or unmanned aircraft that require minimum or no human intervention in its operations. Autonomous aircrafts radars & transponders are equipped with technology to provide situational awareness, cooperative surveillance, extended squitter message, and autonomous navigation, among others. However, installation of such system on a passenger aircraft could raise safety concerns due to involved risk of system failure. On the other hand, cargo & utility aircrafts are the first to adopt this autonomous flight technology after continuous & rigorous testing.
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Key Market Players
- Northrop Grumman Corporation
- Rockwell Collins
- Lockheed Martin Corporation
- Boeing
- Elbit Systems Ltd.
- Airbus S.A.S
- Textron Inc
- BAE Systems plc
- Saab AB
- Aeronautics Ltd.
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COVID-19 scenario analysis:
Autonomous flight system test runs will be delayed due to operational issues caused by travel restrictions imposed by governments around the world as precautionary measures against COVID-19.
Government imposed lockdown to slow the spread of COVID-19 has impacted the research & development of autonomous flight system as well as on-going projects of system installation or upgradation.
Autonomous system manufacturers rely heavily on various suppliers of components and raw materials to test & develop autonomous flight system. However, government-imposed restrictions on transport services to control the COVID-19 outbreak have disrupted the supply chain.
Aviation industry is suffering financial losses in maintenance of airlines & airports without any growth in revenue, due to fall in air passenger traffic after travel bans imposed by governments globally to control the COVID-19 outbreak.
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Key benefits of the report:
- This study presents the analytical depiction of the global autonomous aircraft radars & transponders 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 autonomous aircraft radars & transponders market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the global autonomous aircraft radars & transponders market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global autonomous aircraft radars & transponders market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the autonomous aircraft radars & transponders market research report:
- Which are the leading market players active in the autonomous aircraft radars & transponders market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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