The global enhanced vision system market is on a growth trajectory on account of radical improvements in the aerospace sector for aircraft safety.
Albany, NY -- (SBWIRE) -- 10/31/2017 -- Global enhanced vision system market is expected to peg an opportunity of US$312.4 mn by 2025 vis-a-vis revenue increasing from US$211.1 mn in 2016 at a CAGR of 4.4% between 2017 and 2025.
The objective of the report is to define, describe, and forecast the security analytics market on the basis of applications, services, deployment mode, organization size, industry verticals, and regions and also to provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges).
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Global Enhanced Vision System Market: Overview
Global analysis of the enhanced vision system market has been provided under the scope of this report for the period of 2017-2025. This market has been segmented into system, components, application and geography that are covered within this report. The in-depth analysis of the various factors affecting this market along with challenges posed within this market are also considered here. Enhanced vision encompasses technology which incorporates information from sensors based in aircrafts that displays electronic real-time images of the external surroundings achieved with the application of image sensors. This helps flight crew members and pilot with a sensor-derived enhanced image of the terrain even at extremely low light. These images are formed by monitoring and capturing of infrared energy radiated from objects forming a real-time video image displayed on a dedicated video display screen. Synthetic vision system also provides images showing contrast between different objects only without the help of sensors. All these systems have been great in enhancing the safety related to the aerospace sector and is expected to grow in the next few years as well.
It is seen that the technological changes applied within aerospace industry has been helpful for passengers as well as the flight crew by providing an enhanced detailing about the terrains and obstacles. The demand for aircraft has grown much faster within developing economies as compared to the developed economies. Moreover the advancements in terms of technological changes within the aerospace industry has a direct impact with the growth of the enhanced vision systems that has acted as a major driver for this market. In addition to this, both active and passive sensors that are used in enhanced vision system has been a major support for the well performing functionalities. Infrared sensors helps pilot to form scene contrast in night vision. It is the sufficient thermal scene contrast that allows shapes and patterns pertaining to a few visual references being recognized by the pilot through infrared image forming another important driver boosting the demand of this market. Considering these drivers, infrared cameras and sensors being used are technologically advanced, expensive and are specially used for this system leading to the price growth of these systems acting as an important restraint for this market. Unlike the external view of pilot, the enhanced vision image can be two-dimensional (2D) display. It is seen that the quality of enhanced vision image as well as the level of enhanced vision sensor performance majorly depends on the atmospheric conditions along with various energy source conditions that can be visible or non-visible. These difficulties related with the functioning of these systems has further posed challenges for the market. It is further expected that combination of synthetic vision and enhanced vision will provide different opportunities for this market.
Global Enhanced Vision System Market: Market Segmentation
The global enhanced vison system market based on system has been segmented into synthetic vision system and enhanced vision system. This market has been further segmented into sensors, camera, display screen and others based on different components. Furthermore, on the basis of applications this market includes aerospace & defense and others. Regions which are considered under the scope of this report includes North America, Middle East & Africa, Asia Pacific, Europe, and Latin America. The revenue has been provided in USD million for this market along with respective CAGR for the forecast period of 2017 to 2025 has been provided within this report.
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Trends and related factors that may have an effect over the enhanced vision system market as a whole has been considered within the scope of this report. Competitive profiling of manufacturers that are present in the global market along with the business and strategic overview has also been covered within the scope of this report. Drivers, challenges as well as opportunities present within this market has been covered within the report further providing a detailed review about the scope of this market in present and in future. Market attractiveness analysis along with market share of major players profiling the largest manufacturers have been covered under this report. Besides all these, strategies adopted by the competitors are also complied under the scope of this report.
Global Enhanced Vision System Market: Competitive Outlook
Some of the leading players in the global enhanced vision system market are Honeywell International Inc. (U.S.), United Technologies Corporation (U.S.), Rockwell Collins Inc. (U.S.), Astronics Corporation (U.S.), FLIR Systems Inc. (U.S), Thales Group (France), Safran (France), HCL Technologies (India), Elbit Systems Ltd. (Israel) and Embraer SA (Brazil) among others.
The market has been segmented as follows:
Global Enhanced Vision System Market – By System:
Synthetic Vision System
Enhanced Vision System
Global Enhanced Vision System Market - By Component:
Global Enhanced Vision System Market - By Application:
Aerospace & Defense
Global Enhanced Vision System Market - By Region:
Rest Of Europe
Rest Of APAC
Middle East and Africa (MEA)
Rest Of MEA
Rest Of Latin America
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