DUBLIN, Dec 21, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Enhanced Vision System Market - Global Forecast to 2021" report to their offering.
The enhanced vision systems market is expected to grow from USD 202.7 Million in 2016 to USD 250.4 Million by 2021, at a CAGR of 4.32% during the forecast period. Aircraft safety, situational awareness, and reliable operations at low visibility are factors driving the growth of the enhanced vision systems market.
Based on technology, the enhanced vision systems market has been segmented into infrared, synthetic vision, global positioning system, and millimeter wave radar. The millimeter wave radar segment of the market is expected to grow at the highest CAGR during the forecast period. Pilots have to depend on active sensors like millimeter wave (MMW) radars for reliable vision and safe navigation. Among all imaging sensors, the most promising one for enhanced vision systems is the imaging MMW radar as it has the lowest weather dependency. This factor is anticipated to drive the millimeter wave radar segment.
Based on component, the display segment is projected to account for the largest share of the enhanced vision systems market during the forecast period. A display unit serves as a screen for graphical representation of data collected from various sensors onboard an aircraft, and is a crucial component of the enhanced vision systems. This is one of the key factors propelling the growth of this segment.
Aircraft manufacturers as well as OEMs need high initial capital to set up machinery, skilled workforce, state-of-the-art technical equipment, and integration platforms. Manufactured components also need to be approved by various authorities before they are installed on board the aircraft. Besides, it is difficult to obtain approval for the replacement of conventional systems with electric systems in an aircraft. These act as major restraints for the growth of the enhanced vision systems market.
- Astronics Corporation
- Elbit Systems Ltd.
- Esterline Technologies Corporation
- Honeywell International, Inc.
- L-3 Communications Holdings, Inc.
- Rockwell Collins, Inc.
- Thales Group
- United Technologies Corporation
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Enhanced Vision System Market, By Technology
8 Enhanced Vision System Market, By Component
9 Enhanced Vision System Market, By Platform
10 Regional Analysis
11 Competitive Landscape
12 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/dk464l/enhanced_vision
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SOURCE Research and Markets