Enhanced Vision Systems - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Enhanced Vision Systems Market is accounted for $243.61 million in 2019 and is expected to reach $397.76 million by 2027 growing at a CAGR of 6.3% during the forecast period. Smaller airports with inadequate infrastructure and reliable operations at poor visibility are the major factors driving the market growth. However, high cost of technology and industry regulations is restraining the market growth. Moreover, standard fit for business jets and operational efficiency for aircraft would provide ample opportunities for the market growth.
Enhanced vision system is a type of imaging camera that detects infrared energy radiating from objects and forms a real-time video image which can be displayed on a dedicated video display screen. The primary purpose of enhanced vision systems is improving situational awareness. An enhanced vision system helps in eliminating the visual effects of darkness and turns it into daylight on display screen. As the darkness is eliminated it helps the pilot in avoiding clouds at night, thereby improving night vision. During the day, when the smoke and fog are not easily visible to naked eye, the system enables the pilot to see through smoke, haze and smog.
Based on component, the display segment is likely to have a huge demand as a display unit serves as a screen for graphical representation of data collected from various sensors onboard an aircraft, and is a crucial component of the enhanced vision systems. By geography, North America is going to have a lucrative growth during the forecast period due to the presence of large number of original component manufacturers (OCMs) and original equipment manufacturers (OEMs), major technological upgradation of existing equipment by key players, and the presence of key market players in the region.
Some of the key players profiled in the Enhanced Vision Systems Market include Astronics Corporation, Bombardier Inc, Cirrus Aircraft, Dassault Falcon Jets Corp, Elbit Systems Ltd, Embraer SA, Esterline Technologies Corporation, Gulfstream Aerospace Corporation, Honeywell International Inc, L-3 Communications Holdings Inc, Opgal, Rockwell Collins Inc, Thales Group and United Technologies Corporation.
• Synthetic Vision System
• Enhanced Vision System
• Combined Vision Systems (EVS+SVS)
• Stand-Alone EVS
• Control Electronics
• Processing Unit
• Rotary Wing
• Fixed Wing
• Global Positioning System
• Millimeter Wave Radar
• Synthetic Vision
• Business Jet Aircraft
• Civil Aircraft
• Military Aircraft
Sales Channels Covered:
• Direct Sales
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o 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 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- 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
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o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o 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
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