Pune, India -- (SBWIRE) -- 09/26/2018 -- Aircraft Synthetic Vision System Market Synopsis
The global Aircraft Synthetic Vision System market is expected to grow at a CAGR of around 8% during 2016-2021. The growing demand for synthetic surveillance systems (SVS) in UAV and rotorcraft platform, improved safety standard, and growing retrofit market are the key drivers for the market growth.
As per the MRFR analysis, the potential threat for the market is the integrity of database which would hamper the functioning of synthetic vision systems. Also, regulatory issues and challenges associated with airworthiness certification in the emerging markets are the factors limiting the market growth in the long term.
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Key Players
The leading market players in the global Aircraft Synthetic Vision System market primarily include Cobham, Garmin. Honeywell Aerospace, Rockwell Collins, Universal Avionics Systems, Aspen Avionics, Avidyne, ENSCO Avionics, ForeFlight, Hilton Software, L-3 Avionics Systems, and Sagetech
Industry/ Innovation/ Related News:
March, 2018:- Genesys Aerosystems and XP Services announced the development of a new integrated cockpit avionics package that would include synthetic vision system, for the UH-60 Black Hawk helicopter.
December, 2017:- Boeing and the National Aeronautics and Space Administration (NASA) announced that they would test the next-gen aircraft synthetic vision system for the simulation of the Boeing 787 Dreamliner.
Aircraft Synthetic Vision System Market – Segments
For the convenience of the report and enhanced understanding; the aircraft synthetic vision system market is segmented in to three key dynamics:
Segmentation by Application: Manned Aircraft and Unmanned Aircraft.
Segmentation by Type: Synthetic Vision, Enhanced Vision, Heads-Up Display (HUD), and Helmet Mounted Display (HMD).
Segmentation by Regions: Comprises Geographical regions – North America, Europe, Asia Pacific, Middle East & Africa, and South America.
Aircraft Synthetic Vision System Market – Regional Analysis
The US is one of the single largest markets for SVS in the Americas region. It is also the pioneer in terms of SVS R&D and new product development. Organizations such as NASA (that has been involved in various SVS research) and some of the major SVS vendors are located in the US. The US has further adopted and encouraged the utilization of technologies such as SVS into the modern aircraft system, which helps to reduce the number of accidents (for example, CFIT). North America (including the US) is already a huge aviation market in terms of the number of operational aircraft and aircraft sales. It has a large number of business jets (also other GA aircrafts), helicopters, commercial aircrafts and UAVs in operation.
Israel is one of the leading markets for aircraft SVS in the Middle-East region. Israel-based Elbit Systems have been involved in major SVS R&D and product developments. Elbit Systems in cooperation with Norwegian company, Nicarnica Aviation, have been working to integrate volcanic ash cloud detector system data into the cockpit enhanced vision display. UK-based EasyJet airline, also participating in this program, expects to install the production version of the integrated system in its aircraft, in 2015. Airbus is also one of the partners involved in the program and plans to integrate such displays with the main avionics in the aircraft. Such development will enable airlines to fly in low-visibility atmospheric condition, such as the one after the eruption of Icelandic volcano Eyjafjallajokull in 2010. Most of the aircrafts across Europe were grounded for about a week after the volcanic incident, one of the reasons being the low-visibility conditions due to volcanic ash in the atmosphere.
Scope Of Report
The market report for Aircraft Synthetic Vision System of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
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