Enhanced Vision System Market

Enhanced Vision Systems Market worth 250.4 Million USD by 2021

The report "Enhanced Vision System Market by Technology (Infrared, Synthetic Vision Systems, GPS, Millimeter Wave Radar), Component (Sensors, Processing Units, Control Electronics, Camera, Display), Platform (Fixed, Rotary) and Region - Global Forecast to 2021", The enhanced vision systems (EVS) market is projected 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.

Browse 80 market data tables and 55 figures spread through 153 pages and in-depth TOC on “Enhanced Vision System Market - Global Forecast to 2021"
Early buyers will receive 10% customization on reports.

Aircraft safety, situational awareness, and reliable operations at low visibility are factors driving the growth of the enhanced vision systems market. The concept of enhanced vision systems has led to the emergence innovative technologies that are cost-effective and environment-friendly. For instance, high speed mid-wave infrared (MWIR) and long-wave infrared (LWIR) imaging sensors that are used to capture the thermal radiation of any object within the field of view (FOV) of the camera at several hundred frames per second. Better situational awareness helps in safe operations and provides navigational aid to the pilots, thereby reducing the number of mishaps and accidents. Enhanced vision systems also allow pilots to operate at remote locations with inadequate airport facilities.

“Millimeter wave radar segment projected to grow at the highest CAGR during the forecast period”

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. Pilots have to depend on active sensors, such as 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’s market.

“Display segment estimated to account for the largest market share during the forecast period”

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. Increase in demand for better and high definition displays is one of the key factors propelling growth of the display segment.

“North America estimated to account for the largest share of the market, whereas Asia-Pacific projected to grow at the fastest rate during the forecast period”

North America is expected to lead the enhanced vision systems market during the forecast period. Countries in this region include the U.S. and Canada. The enhanced vision systems market in North America is driven by the large number of original component manufacturers (OCMs) and original equipment manufacturers (OEMs), major technological upgradation of existing equipment by key players, and the presence of key market players, such as 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 projected to grow at the highest CAGR during the forecast period. This high growth can be attributed to the presence of large OEMs and growing demand for private and regional jets in the region.

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]

Enhanced Vision System Market Size,  Share & Growth Report
Report Code
AS 4833
PR Published ON
Choose License Type
Request Customization
Speak to Analyst
Speak to Analyst
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
  • What are the Known and Unknown Adjacencies Impacting the Enhanced Vision System Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
©2024 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status

Digital Virtual Assistant - MarketsandMarkets