PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1454084
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1454084
Airborne Collision Avoidance System Market Forecasts to 2030 - Global Analysis By Type, Component, Platform, End User and By Geography
According to Stratistics MRC, the Global Airborne Collision Avoidance System Market is accounted for $0.7 billion in 2023 and is expected to reach $1.2 billion by 2030 growing at a CAGR of 7.6% during the forecast period. Airborne Collision Avoidance System (ACAS) is a crucial avionics technology designed to enhance flight safety by preventing mid-air collisions between aircraft. Also known as Traffic Alert and Collision Avoidance System (TCAS), it utilizes radar and transponder data to detect nearby aircraft and assess collision risks. When a potential threat is identified, the system provides timely advisories to pilots, instructing them on the necessary evasive actions, such as climbing or descending, to avoid a collision. Mandated on most commercial aircraft, and has significantly contributed to the reduction of mid-air collisions, ensuring safer skies and fostering a critical layer of protection for global aviation.
Market Dynamics:
Driver:
Rise in commercial air travel and the proliferation of drones
Soaring commercial air travel and drone numbers are fueling the airborne collision avoidance system (ACAS) market. More planes and drones in the sky raise the risk of mid-air incidents. To mitigate this, regulations are tightening, mandating airborne collision avoidance system in various aircraft. This, coupled with continuous advancements and affordability of airborne collision avoidance system technology, makes it even more attractive for operators. As safety remains paramount, airlines and drone users prioritize ACAS adoption, driving significant growth in the airborne collision avoidance system market.
Restraint:
High initial investment and ongoing maintenance expenses
The aviation industry, especially smaller entities, may find it financially burdensome to adopt these advanced safety technologies. The substantial upfront costs deter potential buyers, leading to slower market penetration. Moreover, ongoing maintenance expenses can strain operational budgets, hindering regular updates and compliance with evolving safety standards. This financial barrier creates a disparity in safety measures across different segments of the aviation sector.
Opportunity:
Increasing focus on aviation safety, airlines and aviation
Airlines and aviation authorities prioritize safety measures, leading to a growing demand for advanced collision avoidance technologies. The requirement for effective collision prevention systems, such as ACAS, is heightened as the aviation industry places safety at the forefront. Airlines invest in state-of-the-art avionics to enhance airspace safety and comply with stringent safety standards. This focus on safety stimulates the adoption of airborne collision avoidance system, driving market growth.
Threat:
Cybersecurity threats
As airborne collision avoidance system relies on sophisticated software and communication technologies, it becomes susceptible to cyberattacks, potentially compromising its integrity and functionality. Unauthorized access or manipulation of these systems could lead to false data inputs, system malfunctions, or even complete failures, jeopardizing the safety of air travel. The inherent risk of cyber threats discourages aviation stakeholders from fully embracing these crucial safety technologies. Moreover, concerns about the vulnerability of ACAS to hacking and unauthorized interference hinder the industry's confidence in the reliability of collision avoidance systems.
Covid-19 Impact
The COVID-19 pandemic significantly hampered the Airborne Collision Avoidance System (ACAS) market. Grounded flights and plummeting air travel demand led to a sharp decline in both new system installations and upgrades. This reluctance to invest in non-critical upgrades like ACAS slowed market growth. The downturn not only impacted sales but also stalled research and development efforts, further hindering innovation in the ACAS industry. While the market is expected to recover as air travel rebounds, the pandemic's impact will likely be felt for some time.
The traffic alert and collision avoidance system segment is expected to be the largest during the forecast period
The traffic alert and collision avoidance system segment is estimated to have a lucrative growth, due to enhanced air traffic safety by providing real-time alerts to pilots about potential collisions with other aircraft and r recommending evasive manoeuvres. The synergistic effect of traffic alert and collision avoidance system within this system significantly bolsters the market by instilling confidence in aviation stakeholders. Thus the Airlines and operators prioritize these systems to comply with safety standards, positively influencing the market's growth.
The unmanned aerial vehicle segment is expected to have the highest CAGR during the forecast period
The unmanned aerial vehicle segment is anticipated to witness the highest CAGR growth during the forecast period, owing to the increasing use of UAVs for various applications, including surveillance, delivery, and infrastructure inspection, the demand for collision avoidance systems has surged. ACAS, designed to prevent mid-air collisions, becomes crucial in managing the integration of manned and unmanned aircraft in shared airspace. This trend positively affects the ACAS market, as manufacturers and operators of unmanned aerial vehicles seek to adhere to safety standards and address concerns related to airspace congestion.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the region's expanding aviation sector and increasing air traffic. The rising demand for air travel, coupled with the modernization of aircraft fleets, is driving the adoption of advanced safety technologies, including ACAS. Countries like China and India are investing heavily in aviation infrastructure and fleet expansion, creating substantial opportunities for ACAS manufacturers. The growing awareness of safety regulations and the need to comply with international aviation standards further propels the market.
Region with highest CAGR:
North America is projected to have the highest CAGR over the forecast period, owing to the United States and Canada, in particular, are witnessing increased adoption of ACAS as airlines prioritize cutting-edge safety measures. The Federal Aviation Administration's (FAA) emphasis on safety standards and the continuous modernization of air traffic management contribute to the market's expansion. Additionally, a high concentration of major aircraft manufacturers and a significant number of commercial airlines in the region further propel ACAS deployment. The growing awareness of the importance of collision avoidance systems, coupled with the need to address the rising air traffic, positions North America as a key market
Key players in the market
Some of the key players in the Airborne Collision Avoidance System Market include Becker Avionics GmbH, BAE Systems PLC, FLARM Technology Ltd., Collins Aerospace , Garmin Ltd., Honeywell International Inc., General Electric Company, Garrecht Avionik GmbH, Lockheed Martin Corporation, Leonardo S.p.A., Viavi Solutions Inc, Thales Group, Teledyne FLIR LLC, Saab Group, and Northrop Grumman Corporation.
Key Developments:
In March 2024, BAE Systems launches MethaneSAT satellite to provide critical global greenhouse gas emissions data. The satellite will monitor emissions from the oil and gas sector, which accounts for about 40% of all human-caused methane emissions, and it will be able to revisit the same sites daily in most instances.
In February 2024, BAE Systems completes acquisition of Ball Aerospace, the transaction closed at a purchase price of $5.5 billion (approximately £4.4 billion), which has been funded through existing cash and new external debt.
In February 2024, GE Vernova launches new portfolio of Grid Automation solutions to enhance grid resilience, the new suite, named GridBeats, offers innovative software-defined automation solutions designed to modernize and digitalize grid operations.
Types Covered:
- Traffic Alert and Collision Avoidance System
- Portable Collision Avoidance System (PCAS)
- Flight Light Advanced Reporting System
- Other Types
Components Covered:
- Processor
- Mode S & C Transponder
- Display Unit
Platforms Covered:
- Fixed Wing
- Rotary Wing
- Unmanned Aerial Vehicle
End Users Covered:
- Aftermarket
- Original Equipment Manufacturers
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 End User Analysis
- 3.7 Emerging Markets
- 3.8 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Airborne Collision Avoidance System Market, By Type
- 5.1 Introduction
- 5.2 Traffic Alert and Collision Avoidance System
- 5.3 Portable Collision Avoidance System (PCAS)
- 5.4 Flight Light Advanced Reporting System
- 5.5 Other Types
6 Global Airborne Collision Avoidance System Market, By Component
- 6.1 Introduction
- 6.2 Processor
- 6.3 Mode S & C Transponder
- 6.4 Display Unit
7 Global Airborne Collision Avoidance System Market, By Platform
- 7.1 Introduction
- 7.2 Fixed Wing
- 7.3 Rotary Wing
- 7.4 Unmanned Aerial Vehicle
8 Global Airborne Collision Avoidance System Market, By End User
- 8.1 Introduction
- 8.2 Aftermarket
- 8.3 Original Equipment Manufacturers
9 Global Airborne Collision Avoidance System Market, By Geography
- 9.1 Introduction
- 9.2 North America
- 9.2.1 US
- 9.2.2 Canada
- 9.2.3 Mexico
- 9.3 Europe
- 9.3.1 Germany
- 9.3.2 UK
- 9.3.3 Italy
- 9.3.4 France
- 9.3.5 Spain
- 9.3.6 Rest of Europe
- 9.4 Asia Pacific
- 9.4.1 Japan
- 9.4.2 China
- 9.4.3 India
- 9.4.4 Australia
- 9.4.5 New Zealand
- 9.4.6 South Korea
- 9.4.7 Rest of Asia Pacific
- 9.5 South America
- 9.5.1 Argentina
- 9.5.2 Brazil
- 9.5.3 Chile
- 9.5.4 Rest of South America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 UAE
- 9.6.3 Qatar
- 9.6.4 South Africa
- 9.6.5 Rest of Middle East & Africa
10 Key Developments
- 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 10.2 Acquisitions & Mergers
- 10.3 New Product Launch
- 10.4 Expansions
- 10.5 Other Key Strategies
11 Company Profiling
- 11.1 Becker Avionics GmbH
- 11.2 BAE Systems PLC
- 11.3 FLARM Technology Ltd.
- 11.4 Collins Aerospace
- 11.5 Garmin Ltd.
- 11.6 Honeywell International Inc.
- 11.7 General Electric Company
- 11.8 Garrecht Avionik GmbH
- 11.9 Lockheed Martin Corporation
- 11.10 Leonardo S.p.A.
- 11.11 Viavi Solutions Inc.
- 11.12 Thales Group
- 11.13 Teledyne FLIR LLC
- 11.14 Saab Group
- 11.15 Northrop Grumman Corporation
List of Tables
- Table 1 Global Airborne Collision Avoidance System Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Airborne Collision Avoidance System Market Outlook, By Type (2021-2030) ($MN)
- Table 3 Global Airborne Collision Avoidance System Market Outlook, By Traffic Alert and Collision Avoidance System (2021-2030) ($MN)
- Table 4 Global Airborne Collision Avoidance System Market Outlook, By Portable Collision Avoidance System (PCAS) (2021-2030) ($MN)
- Table 5 Global Airborne Collision Avoidance System Market Outlook, By Flight Light Advanced Reporting System (2021-2030) ($MN)
- Table 6 Global Airborne Collision Avoidance System Market Outlook, By Other Types (2021-2030) ($MN)
- Table 7 Global Airborne Collision Avoidance System Market Outlook, By Component (2021-2030) ($MN)
- Table 8 Global Airborne Collision Avoidance System Market Outlook, By Processor (2021-2030) ($MN)
- Table 9 Global Airborne Collision Avoidance System Market Outlook, By Mode S & C Transponder (2021-2030) ($MN)
- Table 10 Global Airborne Collision Avoidance System Market Outlook, By Display Unit (2021-2030) ($MN)
- Table 11 Global Airborne Collision Avoidance System Market Outlook, By Platform (2021-2030) ($MN)
- Table 12 Global Airborne Collision Avoidance System Market Outlook, By Fixed Wing (2021-2030) ($MN)
- Table 13 Global Airborne Collision Avoidance System Market Outlook, By Rotary Wing (2021-2030) ($MN)
- Table 14 Global Airborne Collision Avoidance System Market Outlook, By Unmanned Aerial Vehicle (2021-2030) ($MN)
- Table 15 Global Airborne Collision Avoidance System Market Outlook, By End User (2021-2030) ($MN)
- Table 16 Global Airborne Collision Avoidance System Market Outlook, By Aftermarket (2021-2030) ($MN)
- Table 17 Global Airborne Collision Avoidance System Market Outlook, By Original Equipment Manufacturers (2021-2030) ($MN)
- Table 18 North America Airborne Collision Avoidance System Market Outlook, By Country (2021-2030) ($MN)
- Table 19 North America Airborne Collision Avoidance System Market Outlook, By Type (2021-2030) ($MN)
- Table 20 North America Airborne Collision Avoidance System Market Outlook, By Traffic Alert and Collision Avoidance System (2021-2030) ($MN)
- Table 21 North America Airborne Collision Avoidance System Market Outlook, By Portable Collision Avoidance System (PCAS) (2021-2030) ($MN)
- Table 22 North America Airborne Collision Avoidance System Market Outlook, By Flight Light Advanced Reporting System (2021-2030) ($MN)
- Table 23 North America Airborne Collision Avoidance System Market Outlook, By Other Types (2021-2030) ($MN)
- Table 24 North America Airborne Collision Avoidance System Market Outlook, By Component (2021-2030) ($MN)
- Table 25 North America Airborne Collision Avoidance System Market Outlook, By Processor (2021-2030) ($MN)
- Table 26 North America Airborne Collision Avoidance System Market Outlook, By Mode S & C Transponder (2021-2030) ($MN)
- Table 27 North America Airborne Collision Avoidance System Market Outlook, By Display Unit (2021-2030) ($MN)
- Table 28 North America Airborne Collision Avoidance System Market Outlook, By Platform (2021-2030) ($MN)
- Table 29 North America Airborne Collision Avoidance System Market Outlook, By Fixed Wing (2021-2030) ($MN)
- Table 30 North America Airborne Collision Avoidance System Market Outlook, By Rotary Wing (2021-2030) ($MN)
- Table 31 North America Airborne Collision Avoidance System Market Outlook, By Unmanned Aerial Vehicle (2021-2030) ($MN)
- Table 32 North America Airborne Collision Avoidance System Market Outlook, By End User (2021-2030) ($MN)
- Table 33 North America Airborne Collision Avoidance System Market Outlook, By Aftermarket (2021-2030) ($MN)
- Table 34 North America Airborne Collision Avoidance System Market Outlook, By Original Equipment Manufacturers (2021-2030) ($MN)
- Table 35 Europe Airborne Collision Avoidance System Market Outlook, By Country (2021-2030) ($MN)
- Table 36 Europe Airborne Collision Avoidance System Market Outlook, By Type (2021-2030) ($MN)
- Table 37 Europe Airborne Collision Avoidance System Market Outlook, By Traffic Alert and Collision Avoidance System (2021-2030) ($MN)
- Table 38 Europe Airborne Collision Avoidance System Market Outlook, By Portable Collision Avoidance System (PCAS) (2021-2030) ($MN)
- Table 39 Europe Airborne Collision Avoidance System Market Outlook, By Flight Light Advanced Reporting System (2021-2030) ($MN)
- Table 40 Europe Airborne Collision Avoidance System Market Outlook, By Other Types (2021-2030) ($MN)
- Table 41 Europe Airborne Collision Avoidance System Market Outlook, By Component (2021-2030) ($MN)
- Table 42 Europe Airborne Collision Avoidance System Market Outlook, By Processor (2021-2030) ($MN)
- Table 43 Europe Airborne Collision Avoidance System Market Outlook, By Mode S & C Transponder (2021-2030) ($MN)
- Table 44 Europe Airborne Collision Avoidance System Market Outlook, By Display Unit (2021-2030) ($MN)
- Table 45 Europe Airborne Collision Avoidance System Market Outlook, By Platform (2021-2030) ($MN)
- Table 46 Europe Airborne Collision Avoidance System Market Outlook, By Fixed Wing (2021-2030) ($MN)
- Table 47 Europe Airborne Collision Avoidance System Market Outlook, By Rotary Wing (2021-2030) ($MN)
- Table 48 Europe Airborne Collision Avoidance System Market Outlook, By Unmanned Aerial Vehicle (2021-2030) ($MN)
- Table 49 Europe Airborne Collision Avoidance System Market Outlook, By End User (2021-2030) ($MN)
- Table 50 Europe Airborne Collision Avoidance System Market Outlook, By Aftermarket (2021-2030) ($MN)
- Table 51 Europe Airborne Collision Avoidance System Market Outlook, By Original Equipment Manufacturers (2021-2030) ($MN)
- Table 52 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Country (2021-2030) ($MN)
- Table 53 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Type (2021-2030) ($MN)
- Table 54 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Traffic Alert and Collision Avoidance System (2021-2030) ($MN)
- Table 55 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Portable Collision Avoidance System (PCAS) (2021-2030) ($MN)
- Table 56 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Flight Light Advanced Reporting System (2021-2030) ($MN)
- Table 57 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Other Types (2021-2030) ($MN)
- Table 58 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Component (2021-2030) ($MN)
- Table 59 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Processor (2021-2030) ($MN)
- Table 60 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Mode S & C Transponder (2021-2030) ($MN)
- Table 61 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Display Unit (2021-2030) ($MN)
- Table 62 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Platform (2021-2030) ($MN)
- Table 63 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Fixed Wing (2021-2030) ($MN)
- Table 64 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Rotary Wing (2021-2030) ($MN)
- Table 65 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Unmanned Aerial Vehicle (2021-2030) ($MN)
- Table 66 Asia Pacific Airborne Collision Avoidance System Market Outlook, By End User (2021-2030) ($MN)
- Table 67 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Aftermarket (2021-2030) ($MN)
- Table 68 Asia Pacific Airborne Collision Avoidance System Market Outlook, By Original Equipment Manufacturers (2021-2030) ($MN)
- Table 69 South America Airborne Collision Avoidance System Market Outlook, By Country (2021-2030) ($MN)
- Table 70 South America Airborne Collision Avoidance System Market Outlook, By Type (2021-2030) ($MN)
- Table 71 South America Airborne Collision Avoidance System Market Outlook, By Traffic Alert and Collision Avoidance System (2021-2030) ($MN)
- Table 72 South America Airborne Collision Avoidance System Market Outlook, By Portable Collision Avoidance System (PCAS) (2021-2030) ($MN)
- Table 73 South America Airborne Collision Avoidance System Market Outlook, By Flight Light Advanced Reporting System (2021-2030) ($MN)
- Table 74 South America Airborne Collision Avoidance System Market Outlook, By Other Types (2021-2030) ($MN)
- Table 75 South America Airborne Collision Avoidance System Market Outlook, By Component (2021-2030) ($MN)
- Table 76 South America Airborne Collision Avoidance System Market Outlook, By Processor (2021-2030) ($MN)
- Table 77 South America Airborne Collision Avoidance System Market Outlook, By Mode S & C Transponder (2021-2030) ($MN)
- Table 78 South America Airborne Collision Avoidance System Market Outlook, By Display Unit (2021-2030) ($MN)
- Table 79 South America Airborne Collision Avoidance System Market Outlook, By Platform (2021-2030) ($MN)
- Table 80 South America Airborne Collision Avoidance System Market Outlook, By Fixed Wing (2021-2030) ($MN)
- Table 81 South America Airborne Collision Avoidance System Market Outlook, By Rotary Wing (2021-2030) ($MN)
- Table 82 South America Airborne Collision Avoidance System Market Outlook, By Unmanned Aerial Vehicle (2021-2030) ($MN)
- Table 83 South America Airborne Collision Avoidance System Market Outlook, By End User (2021-2030) ($MN)
- Table 84 South America Airborne Collision Avoidance System Market Outlook, By Aftermarket (2021-2030) ($MN)
- Table 85 South America Airborne Collision Avoidance System Market Outlook, By Original Equipment Manufacturers (2021-2030) ($MN)
- Table 86 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Country (2021-2030) ($MN)
- Table 87 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Type (2021-2030) ($MN)
- Table 88 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Traffic Alert and Collision Avoidance System (2021-2030) ($MN)
- Table 89 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Portable Collision Avoidance System (PCAS) (2021-2030) ($MN)
- Table 90 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Flight Light Advanced Reporting System (2021-2030) ($MN)
- Table 91 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Other Types (2021-2030) ($MN)
- Table 92 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Component (2021-2030) ($MN)
- Table 93 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Processor (2021-2030) ($MN)
- Table 94 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Mode S & C Transponder (2021-2030) ($MN)
- Table 95 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Display Unit (2021-2030) ($MN)
- Table 96 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Platform (2021-2030) ($MN)
- Table 97 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Fixed Wing (2021-2030) ($MN)
- Table 98 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Rotary Wing (2021-2030) ($MN)
- Table 99 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Unmanned Aerial Vehicle (2021-2030) ($MN)
- Table 100 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By End User (2021-2030) ($MN)
- Table 101 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Aftermarket (2021-2030) ($MN)
- Table 102 Middle East & Africa Airborne Collision Avoidance System Market Outlook, By Original Equipment Manufacturers (2021-2030) ($MN)
