Aircraft Synthetic Vision System Market Research Report 2022, Industry Trends, Share, Size, Demand and Future Scope 2027

According to the latest report by IMARC Group, titled "Aircraft Synthetic Vision System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global aircraft synthetic vision system market size reached US$ 438.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 563.0 Million by 2027, exhibiting a growth rate (CAGR) of 4.36% during 2022-2027.

An aircraft Synthetic Vision System (SVS) refers to an aviation mechanism that aids in presenting a computer-generated perspective of the external environment to the pilot. This reality-based technology uses a database of relevant information about the terrain, runways, airports, obstacles, flight plan information, aerodrome maneuvering areas and other traffic to depict a virtual environment that corresponds to the real world on the SVS display. This allows pilots to form an understanding regarding their flying environment, especially during the night time or in low visibility conditions. These systems are usually combined with a position sensor, computing platform and route planning hardware and software to improve situational awareness and avoid accidents caused due to runway incursion, loss of control, or incidences of Controlled Flight into Terrain (CFIT).

Get Free Sample Copy of Report at - https://www.imarcgroup.com/aircraft-synthetic-vision-system-market/requestsample

Competitive Landscape:

• Cobham plc
• Garmin Ltd
• Honeywell International Inc
• Collins Aerospace (United Technologies Corporation)
• Elbit Systems Ltd
• Thales Group
• Safran SA
• Mercury Systems, Inc
• HARRIS CORPORATION
• Universal Avionics Systems Corporation
• Aspen Avionics, Inc
• Avidyne Corporation
• ENSCO, Inc

Global Aircraft Synthetic Vision System Market Trends:

The market is primarily driven by the growing incidences of CFIT events. The utilization of SVS in an aircraft ensures flight safety and improves situational awareness, particularly during the approach and the landing phase of the flight, which is contributing to their increased uptake. The market is further driven by the improvements in commercial aircraft and general aviation sectors due to the growing need for highly efficient flight safety and security mechanisms. Moreover, the increasing adoption of new-generation aircraft has impelled the demand for advanced SVS to offer convenient alterations of the route and innovative solutions in case of potential dangers. Furthermore, numerous government agencies are investing in the development of innovative solutions and advanced technologies in the aviation sector. For instance, the research and development (R&D) activities conducted by NASA, an independent agency of the United States Federal Government, under the Aviation Safety Program (AvSP), aims to design scientific strategies and capabilities of interests in the field of science and technology. This is acting as another major growth-inducing factor. This program aims to develop advanced as well as affordable technologies to improve travel safety on commercial airliners and other aircraft. Some of the other factors driving the market growth include the increasing air traffic and the growing utilization of SVS in Unmanned Aerial Vehicles (UAV).

Browse Full Report With TOC:
https://www.imarcgroup.com/aircraft-synthetic-vision-system-market

Key Market Segmentation:

Breakup by Product Type:

• Synthetic Vision
o Longwave IR
o Shortwave IR
o Millimeter Wave RADAR
• Enhanced Vision
o IR
o Millimeter Wave RADAR
o Combined EVS
• Others

Breakup by Operation:

• Manned
• Unmanned

Breakup by Display System:

• Primary Flight Display
• Navigation Display
• Heads-up and Helmet Mounted Display
• Others

Breakup by Application:

• Civil Aviation
• Military Aviation
• General Aviation

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022- 2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

Contact us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

This release was published on openPR.