Enhanced Vision System Market - Global Industry Analysis, Growth, Trends, Forecast 2024

Posted February 7, 2017 by dannytechno

Enhanced Vision System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 – 2024

Enhanced Vision System utilize sensors and other technologies such as millimeter wave radar and infrared to provide a better view of the outside world which is displayed either on a Head up Display, a Head down Display or both. The primary benefit of enhanced vision systems is improving situational awareness, not only during take-off, approach and landing, but also during ground maneuvering. These systems help the pilot to see the terrain or the airport environment in low visibility situations, during day and night. These system help pilot see through smoke, smog and haze during the day. During the night, enhanced vision systems help pilots eliminate the visual effect of darkness, turning it into day on the display and enable pilots to avoid clouds at night.

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Reliable operability of aircrafts is one of the major drivers of the global enhance vision system market. Enhanced vision systems also help improve situational awareness and aircraft safety during low visibility thereby minimizing accidents which is expected to be another factors driving the global enhanced vision systems market. Moreover, the growing air traffic is expected to demand such safety enhancing technologies from flight operators which is also expected to drive the market.

Furthermore, huge amount of initial investments required by both original equipment manufacturers (OEMs) and aircraft manufacturers to setup machinery, skilled workforce, state of the art technical equipment and integration platform is one of the major restraints of the global enhanced vision system market. The lengthy clearance procedure and red-tape encountered during approving of components, their installation and up gradation are also expected to hinder market growth.

The global enhanced vision system market can be segmented on the basis of technology, component, platform and region. On the basis of technology, the market can be divided into infrared, synthetic vision systems, GPS and millimeter wave radar. On the basis of component the market can be divided into sensors, processing units, control electronics, camera and display. On the basis of platform the market can be divided into fixed and rotary. On the basis of region, the market can be divided into North America, Europe, Asia Pacific, Middle East and Africa and South America. North America estimated to account for a prominent share of the market during the forecast period. The presence of large number of original component manufacturers (OCMs) and original equipment manufacturers (OEMs), the presence of key market players and major technological up gradation of existing equipment are some of the reasons anticipated for regions’ significant share in the market. Asia-Pacific is expected to grow at a considerable rate during the forecast period. This is due to the growing demand for private & regional jets, increased safety and reliable airline operations, presence of large OEMs and fluctuating weather conditions in the region.

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The major players of the global enhanced vision system market are Astronics Corporation, Elbit Systems Ltd., Esterline Technologies Corporation, Honeywell International, Inc., L3 Technologies, Inc., MBDA Inc., OPGAL Optronics Industries Ltd., Rockwell Collins, Inc., Thales Group and United Technologies Corporation.

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Issued By Transparency Market Research
Country United States
Categories Business , Technology
Last Updated February 7, 2017