The report, now available on ASDReports, recognizes the following companies as the key players in the Global Airborne Laser Obstacle Avoidance Monitoring Systems Market: Finmeccanica, L-3 Communications, Lockheed Martin, Rockwell Collins and Thales.
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.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Source: ASDReports - Market Research
Date: Feb 15, 2016