Global Airborne Laser Obstacle Avoidance Monitoring Systems Market to Grow at a CAGR of 3.88% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Airborne Laser Obstacle Avoidance Monitoring Systems Market 2016 - 2020” research report to their website www.MarketResearchReports.com

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Lewes, DE -- (SBWire) -- 02/17/2016 --Report forecast the global airborne laser obstacle avoidance monitoring systems market to grow at a CAGR of 3.88% during the period 2016-2020.

Airborne capabilities are determined by the success of pilot's efficiency combined with advanced technologies. Traditionally, radars were used for the safer operation of the fleet by maintaining a safe distance from the ground level and the aircraft trajectory. However, they lacked the angular resolution to detect small, natural, and fabricated obstacles such as trees, cables, and poles.

In order to enhance airborne security, industry experts developed laser-based technology to combat-critical tasks and ensure crew safety. In 2005, Selex ES and Italian Ministry of Defense introduced airborne LOAM systems for military transport and naval freight helicopters. This system prevents detects sand classifies obstacles in the trajectory of the fleet and provides the crew with audio and visual information. The main components of the system are sensor head unit (SHU), control panel (CP) and display unit (DU). This system is still in the testing phase for manned and unmanned aircraft in both civil and military sectors.

The report covers the present scenario and the growth prospects of the global airborne laser obstacle avoidance and monitoring (LOAM) systems market for 2016-2020. It provides a global overview, market shares, and growth prospects by region (EMEA, the Americas, and APAC).

According to the report, 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.

Further, the report states that the US and the UK, two of the top investors in the defense industry, are facing budget cuts that have affected the market immensely.

Global Airborne Laser Obstacle Avoidance Monitoring Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Airborne Laser Obstacle Avoidance Monitoring Systems Market: Finmeccanica, L-3 Communications, Lockheed Martin, Rockwell Collins and Thales.

Market driver
- Integration of 3D for automatic prioritization
- For a full, detailed list, view our report

Market challenge
- Declining defense spending in the US and the UK
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 57 pages and 39 Exhibit "Global Airborne Laser Obstacle Avoidance Monitoring Systems Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Global aerospace and defense value chain system, Global aerospace and defense supply chain system, Geographical segmentation, Key leading regions, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Appendix.

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