Technavio says global airborne LOAM systems market worth $75.65 million by 2020

Renewable energy

 

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.

Technavio’s market research analysts estimate the global airborne LOAM systems market, to grow at a CAGR of around 4% by 2020. 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. APAC is expected to be the fastest-growing region in the airborne LOAM systems market due to an increase in the defense budget in countries like China, India, Indonesia, Singapore, and North Korea

The new market research report from Technavio provides a breakdown and analysis of the airborne laser obstacle avoidance monitoring systems segments by technology.

“Laser-based light detection and ranging systems are gaining popularity among the global defense forces. LOAM is designed for military rotorcraft platform, and offers better angular resolution and accuracy features with a wider range and angles to detect obstacles even in harsh weather condition. It aids in echo analysis through an analog process including an optical-electrical conversion, a single pre-amplification, and a threshold comparison,” says Abhay Singh, Lead Analyst, Aerospace & Defense, Technavio Research

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

The key vendors in the global airborne LOAM market are Finmeccanica, L-3 Communications, Lockheed Martin, Rockwell Collins, and Thales. It has been observed in the market 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.

A more detailed analysis is available in the Technavio report, Global Airborne LOAM Systems Market 2016-2020.

We can customize reports by other regions and specific segments upon request.

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