Enhanced Vision Systems Market 2018 Global Leaders: Astronics, Elbit Systems, Esterline Technologies, Honeywell International, MBDA, Opgal, Rockwell Collins, United Technologies

Market Research Future published a research report on “Global Enhanced Vision Systems Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Market Scenario:

Enhanced vision system is a type of imaging camera that detects infrared energy radiating from objects and forms a real-time video image which can be displayed on a dedicated video display screen. The primary purpose of enhanced vision systems is improving situational awareness. An enhanced vision system helps in eliminating the visual effects of darkness and turns it into daylight on display screen. As the darkness is eliminated it helps the pilot in avoiding clouds at night, thereby improving night vision. During the day, when the smoke and fog are not easily visible to naked eye, the system enables the pilot to see through smoke, haze and smog.

Based on technology, the millimeter wave radar segment of the enhanced vision systems market is projected to grow at the highest CAGR during the forecast period. Active sensors like millimeter wave (MMW) radars help in achieving a reliable vision that facilitates safe navigation. Among all imaging sensors, the most promising one for enhanced vision systems is the MMW radar as it has the lowest weather dependency.

Various authorities like U.S. Federal Aviation Administration (FAA) and International Civil Aviation Organization (ICAO), need to approve the manufacturing of components before installing them onboard. It is also difficult to obtain approval for the replacement of conventional systems onboard on the aircraft as it involves high investments.

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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.

Key Players

The prominent players in 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.

The global Enhanced Vision Systems Market is expected to grow at approx. USD 262 Million by 2023, at 4% of CAGR between 2017 and 2023.

Market Research Analysis:

The regional analysis of location of things 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 lead the enhanced vision systems market during the forecast period. In North America region, the enhanced vision systems market is driven by the presence of large number of OCMs (original component manufacturers) and the presence of key market players like Honeywell International, Inc. (U.S.), United Technologies Corporation (U.S.), and L-3 Communications Holdings, Inc. (U.S.).

Whereas, the Asia-Pacific enhanced vision systems market is expected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the presence of large OEMs (original equipment manufacturers), such as HALBIT Avionics Private Limited (India) and Samtel Group (India), demand for increased safety and reliable airline operations, and fluctuating weather conditions in the region

Study Objectives of Enhanced Vision Systems Market:

• To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the Enhanced Vision Systems market.
• To provide insights about factors affecting the market growth.
• To analyze the Enhanced Vision Systems market based porter’s five force analysis etc.
• To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW).
• To provide country level analysis of the market with respect to the current market size and future prospective.
• To provide country level analysis of the market for segment on the basis of type, application, end -users and region.
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the 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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Market Research Future
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