Press release
Enhanced Vision Systems Market 2018 Top Key Leaders by Astronics, Elbit Systems, Esterline, Honeywell, L-3, MBDA, Opgal, Collins, Thales and United by Forecast to 2023
Market Highlights:Enhanced vision systems are helping in improving situational awareness, not only during take-off, approach and landing, but also during ground maneuvering. This is one of the primary benefits of enhanced vision systems. It also helps in providing navigational aid to the pilots and thereby reducing the number of accidents. Provision of better situational awareness helps in safe operations to avoid any mishaps. Enhanced vision systems also allow pilots to operate at remote locations with inadequate airport facilities.
For upgradation of components, there is a high amount of investment involved with a lengthy clearance process. These are major market restraints that causing hindrance in the growth of enhanced vision systems market.
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Enhanced vision systems market is estimated to exhibit high growth potential during the forecast period. One of the major market growth drivers for enhanced vision systems market is the reliable operability of aircrafts. Situational awareness and aircraft safety has been improved with the help of enhanced vision systems resulting into minimizing of accidents. Another factor driving the market growth is demand for safety enhancing technologies from flight operators due to increase in air traffic.
The enhanced vision systems market is growing rapidly over 4% of CAGR and is expected to reach at USD 262 million by the end of forecast period.
Enhanced Vision Systems Market - Key Players:
The prominent players in the enhanced vision systems market are – Astronics Corporation (U.S.), Elbit Systems Ltd. (Israel), Esterline Technologies Corporation (U.S.), Honeywell International, Inc. (U.S.), L-3 Communications Holdings, Inc. (U.S.), MBDA (U.K.), Opgal (Israel), Rockwell Collins, Inc. (U.S.), Thales Group (France), United Technologies Corporation (U.S.) among others.
Enhanced Vision Systems Market Segmentation:
The enhanced vision systems market has been segmented on the basis of technology, component, platform and regional. The components segment comprises of sensors, processing unit, control electronics, camera and display. Enhanced vision systems use sensors like infrared or radar to provide a better view of the outside world.
Enhanced Vision Systems Market -Regional Analysis:
The regional analysis of enhanced vision systems market is being studied for regions such as Asia Pacific, North America, Europe and Rest of the World. It has been observed that North America is estimated to account for the largest share of the market, whereas Asia-Pacific projected to grow at the fastest rate during the forecast period. Due to the presence of large OEMs and growing demand for private and regional jets, North America region has been dominating the market share of enhanced vision systems market.
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Intended Audience:
• Technology investors
• Consumer wearable manufacturers
• Healthcare-related product manufacturers
• Integrated device manufacturers (IDMs)
• Wearable electronics technology platform developers
• Original manufacturers (OEMs)
• Surface mount component device distributors and providers
• Research/Consultancy firms
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Table of Contents
1 Market Introduction
1.1 Introduction
1.2 Scope of Study
1.2.1 Research Objective
1.2.2 Assumptions
1.2.3 Limitations
1.3 Market Structure
2 Research Methodology
2.1 Research Type
2.2 Primary Research
2.3 Secondary Research
2.4 Forecast Model
2.4.1 Market Data Collection, Analysis & Forecast
2.4.2 Market Size Estimation
Continues...
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