Commercial Aircraft Video Surveillance Systems Market: Global Opportunity Analysis and Industry Forecast, 2017-2023
Portland, OR -- (SBWIRE) -- 11/30/2017 -- Commercial aircraft video surveillance systems (CAVSS) are used to monitor internal and external security of the aircraft during ground operations and flight time. These systems are applicable for various activities such as aircraft refueling, taxi operations, cockpit & cabin surveillance, passenger safety, and other ground support operations.
The growth of the CAVSS market is driven by supportive regulatory compliance, need for enhanced security, security issues & cyber threat, rise in number of terrorist activities, upsurge in budgetary expenses for aerospace applications, introduction of advanced & innovative technologies, enhanced emphasis on passenger safety, government mandates, and others. However, reducing profit margins in aerospace industry, implementation of technologically advanced products while maintaining profits, and resistance form aircraft crew hamper the growth of the market. Upsurge in R&D initiatives, untapped developing markets, and increased focused to improve operational efficiency are expected to provide lucrative opportunities for the market growth.
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The CAVSS market is segmented based on assembly type, system type, and region. On the basis of assembly type, the market is bifurcated into retrofit and line-fit. By system type, it is sub segmented into cockpit door surveillance system, cabin surveillance system, and environmental camera system. The CAVSS market in terms of region covers North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the market include CABIN AVIONICS LIMITED, Meggitt PLC, AD Aerospace Plc., United Technologies Corporation, Global ePoint, Inc., Strongpilot Software Solutions, Aerial View Systems, Inc., navAero, Inc., Groupe Latecoere SA, and Orbit Technologies Ltd.
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An in-depth analysis of the global commercial aircraft video surveillance systems market is provided along with the market dynamics that help to understand the market.
Quantitative analysis of the current trends and future estimations from 2017 2023 assists strategists to design business strategies to capitalize on the prevailing market opportunities.
Porter's Five Forces analysis examines the competitive structure of the market and provides a clear understanding of the factors that influence the market expansion.
A detailed analysis of geographical segments offers identification of most profitable segments to capitalize on.
Strategic analysis of the key leaders and their business strategies assist stakeholders to make more informed business decisions.