Synthetic Vision System (SVS) Market For Aircraft Rising at 8% CAGR With International Leading Players - Cobham, Garmin. Honeywell, Rockwell Collins, Aspen Avionics, Avidyne and Sagetech

Aircraft Synthetic Vision System Market by Application (Manned and Unmanned Aircraft), by Type (Synthetic Vision, Enhanced Vision, HUD, and HMD) and by Geography- Forecast To 2021

Market Synopsis of Aircraft Synthetic Vision System Market

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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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.

Key Players

This report includes a study of strategies of major market players in the Global Aircraft Synthetic Vision System Market include Cobham, Garmin. Honeywell Aerospace, Rockwell Collins, Universal Avionics Systems, Aspen Avionics, Avidyne, ENSCO Avionics, ForeFlight, Hilton Software, L-3 Avionics Systems, and Sagetech

Regional and Country Analysis of Aircraft Synthetic Vision System Market

EMEA is currently the home for second largest SVS aircraft globally. With the procurement of next generation aircraft and growing SVS aircraft in the region, it is likely to dominate the market in the forecast period.

Aircraft Synthetic Vision System Market – Competitive Analysis

The global aircraft synthetic vision system market is highly competitive. There exists strong rivalry and competition among the existing vendors; in terms of cost, product quality, reliability, and market share. To survive and succeed in such an intensely competitive environment, it is crucial for the vendors to provide cost-effective and high-quality aircraft synthetic vision systems. The key vendors in the global aircraft synthetic vision system market are Cobham, Garmin, Honeywell Aerospace, Rockwell Collins, and Universal Avionics Systems Corporation.

Along with the growth in acceptance and utilization of SVS for aviation applications, the regulatory scenario has also been improved. In 2013, FAA had proposed a new rule that would allow suitable equipped and trained operators to continue approaches below current conventional minimum. It would motivate the aviation industry and also make the installation of SVS far more worthwhile and less burdensome.

Such regulations accepting the utilization of SVS would also allow more operators to enjoy the chief advantage of purchasing a new aircraft with SVS. It also encourages aircraft operators to negotiate for inclusion of SVS in an airliner fleet, as it allows commercial aircraft operators flying SVS-equipped aircraft to dispatch and depart and then fly approaches even if the visibility of the destination is below authorized minimums. Such benefits might also stimulate the retrofit market and give new incentives to manufacturers to offer competitive products, and accelerate the adoption of new technologies into a wider segment of aircraft fleet.

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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.

This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Aircraft Synthetic Vision System Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.

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Access the market data and information presented through over 50 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on “Global Aircraft Synthetic Vision System Market Information- Forecast from 2016 to 2021" @ https://www.marketresearchfuture.com/reports/aircraft-synthetic-vision-system-market-1352

Major TOC :

1. Introduction
1.1 Report Description
1.2 Research Objective

2. Executive Summary
2.1 Key Findings / Highlights
2.1.1 Investment Opportunities
2.1.2 Market Startegies
2.1.3 Latest Developments

3. Scope of the Study
3.1 Markets Covered
3.2 Years Considered for the Study (2016-2021)
3.2 Geographic Scope
3.3 Key Stakeholders

4. Assumptions and Limitations

5. Research Methodology
5.1 Primary Research
5.2 Secondary Research
5.3 Econometric and Forecasting Model

Continues...

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