Enhanced Vision Systems (EVS) are incorporated in aviation systems to help Pilot with improved vision in limited/poor visibility environments like darkness/ smoke/ fog or rain. This further ensures enhanced safety in all phases, especially during take-off and touchdown (landing) of flights in limited visibility. Attributing to the essential role played by these systems in ensuring the safety of lives on the board, EVSs have become an integral part of military & business aircrafts today.
Extensively increased air travels & military operations worldwide prompt the demand for the aircraft fleet and consequently demand the Enhanced Vision Systems. This presages the market size of Enhanced Vision Systems globally. Simultaneously, additive manufacturing practiced in aircraft parts, aging fleets & replacement opportunities, along with the air traffic volume impacting the market growth positively.
Accrediting the impressive growth records the global EVS Market holds, demonstrating potentiality of the further growth, Market Research Future (MRFR) recently published a brilliant study report giving out the complete market forecast till 2023. In its analysis, MRFR asserts that witnessing enormous accruals the global Enhanced Vision Systems market will escalate over USD 262 Million, by 2023, registering a striking 4% of CAGR, during the forecast period (2017 – 2023).
The Enhanced Vision Systems Market is divided into 4 key dynamics; for the convenience of the report and enhanced understanding
By Component: Sensors, Camera, Display, Control Electronics and Processing Unit, among others.
By Technology: Synthetic Vision, Infrared, MWR (Millimetre Wave Radar), GPS (Global Positioning System).
By Platform: Fixed & Rotary Wing, others.
By Regions: APAC, Europe, North America and Rest of the World.
North America region dominates Enhanced Vision Systems Market Growth with the largest market share followed by Europe and Asia Pacific markets respectively. Attributing to the presence of large OEMs and augmenting demand for private and commercial jets in the region, North America market is expected to retain its dominance during the assessment period.
Whereas Europe takes the second position owing to the augmented demand from the aviation sector. Continuing with the same growth trends, the region is expected to witness a spectacular growth during the review period.
While the third largest market for Enhanced Vision Systems, Asia Pacific market is emerging as the fastest growing market globally. Growing OEMs market in the region will contribute to regional market growth during the forecast period.
Elbit Systems Ltd. (Israel), Astronics Corporation (US), Esterline Technologies Corporation (US), L-3 Communications Holdings, Inc. (US), Honeywell International, Inc. (US), MBDA (UK), Opgal (Israel), Rockwell Collins, Inc. (US), United Technologies Corporation (US) and Thales Group (France) are some of the players leading the Global Enhanced Vision Systems Market. Profiling them in its analysis, MRFR finds out their business strategies that are placing them at the forefront of the market.
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