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Global Enhanced Vision System Market Size By Aircraft Type, By Application, By Technology Geographic Scope And Forecast


Published on: 2024-08-12 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Enhanced Vision System Market Size By Aircraft Type, By Application, By Technology Geographic Scope And Forecast

Enhanced Vision System Market Size And Forecast

Enhanced Vision System Market size was valued at USD 9.7 Billion in 2023 and is projected to reach USD 12.9 Million by 2030, growing at a CAGR of 5.4% during the forecast period 2024-2030.

Global Enhanced Vision System Market Drivers

The market drivers for the Enhanced Vision System Market can be influenced by various factors. These may include

  • Technological Developments The progress of Enhanced Vision Systems is being driven by ongoing developments in sensor, imaging, and display technologies. The efficacy and dependability of EVS are enhanced by innovations including augmented reality displays, high-definition cameras, and infrared sensors, which raises acceptance.
  • Regulatory Requirements To improve flight safety and situational awareness, particularly in inclement weather or low-visibility environments, regulatory bodies like the Federal Aviation Administration (FAA) and the European Aviation Safety Agency (EASA) are increasingly requiring the use of advanced avionics systems, including Enhanced Vision Systems.
  • Safety and Efficiency By giving pilots access to real-time visual information, Enhanced Vision Systems greatly improve flight safety by helping them identify obstructions, terrain, and other aircraft, even in low visibility. EVS also facilitates more efficient landings, shorter approach and departure times, and better overall flight management, all of which contribute to increased operational efficiency.
  • Growth in Business Aviation The industry is expanding steadily because to factors such as the rise in corporate travel, the growing number of people owning private aircraft, and the demand for effective executive transportation options. Business aviation places a high emphasis on Enhanced Vision Systems because they enable dependable and safe operations in all weather and light situations.
  • Demand from the Military and Defense Improved situational awareness, target acquisition, and navigation in a variety of operational situations are just a few of the military and defense industries’ many uses for improved vision systems. Advanced EVS technologies are in high demand due to ongoing modernization efforts and various countries’ increasing defense budgets.
  • Growing Need for Retrofit Solutions To increase their capabilities and prolong their operational life, upgrading current aircraft with Enhanced Vision Systems is becoming more and more popular. The need for aircraft operators to improve safety, adhere to regulations, and maintain their competitiveness in the market without having to purchase new aircraft is what drives this demand.

Global Enhanced Vision System Market Restraints

Several factors can act as restraints or challenges for the Enhanced Vision System Market. These may include

  • High Initial Costs There may be a large upfront expense associated with the installation and use of Enhanced Vision Systems. Adoption may be hampered by this, especially by smaller operators or those operating on a tighter budget.
  • Regulatory Difficulties Because the aviation sector is heavily regulated, acquiring the required approvals for Enhanced Vision Systems can be a difficult and drawn-out procedure. Development and deployment take longer and cost more money when complying with standards and rules set forth by different aviation authorities.
  • Problems with Integration It might be difficult to integrate Enhanced Vision Systems with the current aircraft systems, especially for older aircraft models. Compatibility problems could occur, resulting in extra expenses and delays.
  • Low Awareness and Education Potential users of Enhanced Vision Systems may not be fully aware of or comprehend the benefits and advantages of these systems, despite their many advantages. Because operators could be reluctant to invest in technology they don’t completely understand, this could lead to slower adoption rates.
  • Maintenance and Support Ongoing maintenance and support are necessary to guarantee the correct operation of Enhanced Vision Systems. To avoid system failures and guarantee safety, operators must spend in staff training and developing maintenance protocols.
  • Environmental Factors Fog, rain, and snow are just a few examples of the environmental variables that might have an impact on the sensors and imaging technologies used by Enhanced Vision Systems. These elements may restrict the system’s efficacy under specific circumstances, affecting its overall dependability.
  • Competing Technologies Enhanced Vision Systems may be supplemented by other technologies or solutions that provide comparable advantages. Instead, operators may choose to use these alternatives based on criteria including cost, performance, and simplicity of integration.
  • Data Security Issues Sensitive information pertaining to flight operations and navigation is generated and processed by Enhanced Vision Systems. It is essential to guarantee the security and integrity of sensitive data in order to stop illegal access or alteration, which could endanger public safety.

Global Enhanced Vision System Market Segmentation Analysis

The Global Enhanced Vision System Market is Segmented on the basis of Aircraft Type, Application, Technology and Geography.

Enhanced Vision System Market, By Technology

  • Infrared (IR) Technology This segment involves systems that use infrared sensors to capture images, particularly in low-light or nighttime conditions. IR technology is essential for enhancing visibility during poor weather conditions or in environments with low visibility.
  • Synthetic Vision System (SVS) SVS uses databases of terrain, obstacles, and other relevant information to create a synthetic view of the environment outside the aircraft. It provides pilots with a computer-generated visual representation of the terrain and obstacles, enhancing situational awareness, especially during adverse weather conditions or low visibility.
  • Millimeter-Wave Radar These systems use millimeter-wave radar sensors to detect and display obstacles and terrain features in real-time, allowing pilots to navigate safely through challenging environments such as fog, smoke, or darkness.

Enhanced Vision System Market, By Aircraft Type

  • Fixed-Wing Aircraft Enhanced Vision Systems are commonly installed in fixed-wing aircraft, including commercial airliners, business jets, and military aircraft.
  • Rotary-Wing Aircraft This segment includes helicopters and other rotorcraft that utilize Enhanced Vision Systems for improved situational awareness during various flight operations.

Enhanced Vision System Market, By Application

  • Commercial Aviation Enhanced Vision Systems are increasingly being adopted in commercial airliners to improve safety and efficiency, especially during approach, landing, and taxiing phases.
  • Business Aviation Business jets and private aircraft often incorporate Enhanced Vision Systems to enhance pilot visibility and safety, particularly during flights to remote or challenging airports.
  • Military & Defense Military aircraft utilize Enhanced Vision Systems for mission-critical operations, including reconnaissance, surveillance, and tactical maneuvers.

Enhanced Vision System Market, By Geography

  • North America Market conditions and demand in the United States, Canada, and Mexico.
  • Europe Analysis of the Enhanced Vision System Market in European countries.
  • Asia-Pacific Focusing on countries like China, India, Japan, South Korea, and others.
  • Middle East and Africa Examining market dynamics in the Middle East and African regions.
  • Latin America Covering market trends and developments in countries across Latin America.

Key Players

The major players in the Enhanced Vision System Market are

  • Honeywell International Inc.
  • United Technologies Corporation
  • L-3 Communications Holdings, Inc.
  • Thales Group
  • Elbit Systems Ltd.
  • Rockwell Collins
  • Esterline Technologies Corporation
  • Astronics Corporation
  • Dassault Falcon Jet Corp.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2020-2030

BASE YEAR

2023

FORECAST PERIOD

2024-2030

HISTORICAL PERIOD

2020-2022

UNIT

Value (USD Million)

KEY COMPANIES PROFILED

Honeywell International Inc., United Technologies Corporation, L-3 Communications Holdings, Inc., Thales Group, Elbit Systems Ltd., Esterline Technologies Corporation, Astronics Corporation, Dassault Falcon Jet Corp.

SEGMENTS COVERED

By Aircraft Type, By Application, By Technology and Geography.

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