-- Aircraft Synthetic Vision System Market Growth Assisted By Increasing Demand from UAV segment
Market Insights
Aircraft synthetic vision systems (SVS) have existed for a couple of decades and have increasingly become an important part of the cockpit. Market Research Future has delivered its newest report on the global aircraft synthetic vision system market, in which findings tracking the growth of the market have been recorded. MRFR's findings suggest market growth at a CAGR of approximately 8% during the forecast period from 2016 to 2021. This growth is due to the rising importance of aircraft SVS in modern airplanes.
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Aircraft synthetic vision systems are primarily a safety-enhancing tool which pilots can use to navigate surroundings with ease. Due to technological advancements and increasingly accurate captured scans from satellites have resulted in graphic images which provide pilots with 3D images which help enhance situational awareness for pilots. SVS enhances flight safety and also has applications in rendering simulations for ideal courses and approaches for any given flight. This works a huge advantage and driver for the global aircraft synthetic vision market as increasing air traffic has made it necessary to navigate with higher efficiency as well as increase flight safety. Combination of this technology with unmanned aerial vehicles (UAV) is growing and is expected to result in high growth for the global aircraft synthetic vision system. UAVs derive great benefit from an accurate synthetic vision for successful navigation of flights. Moreover, increasingly stringent safety standards are also expected to boost market growth.
Ever improving technology is expected to yield more advanced synthetic vision systems which will reveal market growth opportunities over the forecast period. However, the market is restrained by threats to the integrity of the databases used for SVS which may impede proper SVS function.
Key Players
Growth strategies of note employed by leading market participants have been included in MRFR's global aircraft synthetic vision system market report. Competitors profiled in the report include -
• Avidyne
• Sagetech
• Universal Avionics Systems
• Aspen Avionics
• L-3 Avionics Systems
• Rockwell Collins
• Honeywell Aerospace
• Hilton Software
• Cobham
• Garmin
• ForeFlight
• ENSCO Avionics
Latest Industry News
Rockwell Collins has recently launched its combined vision system for the two Bombardier business jets. The new system combined SVS with infrared enhanced vision into a single view.
Universal Avionics has launched a new touchscreen control display unit which includes synthetic vision once integrated with Universal Avionics 10.4 inch.
Market Segmentation
The global aircraft synthetic vision system market's segmentation has been performed based on application, type, and region. Applications of aircraft synthetic vision systems can be found in manned aircraft and unmanned aircrafts. Although manned aircrafts have been the more common users of aircraft synthetic vision systems, the emergence of UAVs is likely to witness an expansion of the unmanned aircrafts segment at a significant pace.
Types of aircraft synthetic vision systems include synthetic vision, enhanced vision, head up display (HUD), and head mounted displays (HMD).
Regional Analysis
Europe, Middle East, and Africa are projected to lead the growth of the global aircraft SVS market. The presence of several strong key players in the region developing highly advanced technology is an important factor driving the growth of the regional market. Moreover, the ongoing and rapid expansion of procurement activities related to next-generation aircraft will assist these regions in their domination of the global market.
Meanwhile, the Americas are set to witness moderate growth at a CAGR of 3% during the forecast period. The region consists of North and South America, between which North America is a fairly saturated market. However, increasing R&D investments and activities toward the development of UAVs is expected to result in regional growth over the review period.
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Study Objectives of Aircraft Synthetic Vision System Market
• To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aircraft Synthetic Vision System Market
• To provide insights about factors affecting the market growth
• To analyse the Global Aircraft Synthetic Vision System Market based on various factors- price analysis, supply chain analysis, 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 by application and type s
• To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
• To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aircraft Synthetic Vision System Market
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Get More Information on Aircraft Synthetic Vision System Market Research Report - Global Forecast to 2021 @ https://www.marketresearchfuture.com/press-release/global-aircraft-synthetic-vision-system-market
Contact Info:
Name: Abhishek Sawant
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Organization: Market Research Future
Address: Market Research Future, Office No. 524/528, Amanora Chambers, Magarpatta Road, Hadapsar, Pune -411028, Maharashtra, India
Phone: 6468459312
Website: https://www.marketresearchfuture.com/reports/aircraft-synthetic-vision-system-market-1352
Release ID: 462085
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