Enhanced Vision System Market Growth, Demand, Share, Challenges and Future Trends
Enhanced Vision System Market Size- By Technology, By Component, By Platform- Regional Outlook, Competitive Strategies and Segment Forecast to 2032
| Published: Mar-2023 | Report ID: AERO2310 | Pages: 1 - 236 | Formats*: |
| Category : Aerospace and Defence | |||
Global Enhanced Vision System Market Overview
According to SPER Market Research, the Global Enhanced Vision System Market is estimated to reach USD 0.413 billion by 2032 with a CAGR of 4.56%.
An artificial vision system known as enhanced vision uses data from devices mounted aboard aeroplanes, such as millimetre-wave radar and near-infrared cameras, to provide vision in a variety of observable situations. For many years, military aircraft pilots could use night vision equipment. Recently, related features have been added to business jets to improve pilot situational awareness in low visibility conditions from rain or haze and at night. Modern technology known as enhanced vision systems combine data from every sensor on board an aircraft to allow for real-time viewing of digital representations of the outside world. An improved vision system is a kind of imaging camera that can detect the infrared radiation emitted by objects and enable the projection of a real-time video image on a dedicated video monitor. Better vision systems are primarily designed to increase situation awareness. With the use of a display, an improved vision system assists in eliminating the visual impact of darkness. These devices enhance visibility at night by allowing for better cloud-to-ground view when there is no light. The tool facilitates the pilot's daylong visibility of smog, haze, and smoke. A system with enhanced vision uses imaging sensors to provide a real-time view of the environment. Since EV is derived from real-time, onboard data sources and permits viewing of what is actually in front of the aircraft, it can be used tactically. Because it was generated by sensors on your aircraft, it is the most recent information to act upon. Synthetic vision typically uses data that is at least five minutes old and possibly much older for illustrating weather occurrences.
Impact of COVID-19 on the Global Enhanced Vision System Market
Nearly every industry has been impacted by COVID-19, even though the COVID-19 pandemic is a global concern, practically every nation is continuing with its military manufacturing, maintenance, and acquisition since protecting soldiers is a top priority and national safety is of utmost importance. Major nations like the United States have already stopped all troop movements, missions, and drills. Stopping or scaling back military drills would cut down on the amount of time spent in informal equipment testing and assessment as well as the possibility for latent market growth. The COVID-19 pandemic and other ever-evolving challenges are projected to require considerable contributions from technologies like artificial intelligence (AI), virtual reality (VR), and augmented reality (AR). Real-time information is also necessary to secure the country's borders. In light of this, the establishment of the mission management system aids in offsetting the requirement for information, surveillance, and recognition (ISR) capabilities even in severe pandemic conditions.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2019-2032 |
| Base year considered | 2021 |
| Forecast period | 2022-2032 |
| Segments covered | By Technology, By Component, By Platform. |
| Regions covered | Asia-Pacific, Europe, Middle East and Africa, North America, Latin America |
| Companies Covered | Astronics Corporation, Elbit Systems, Esterline Technologies Corporation, Honeywell International, L-3 Communications Holdings, MBDA, Opgal, Rockwell Collins, Thales Group, and United Technologies Corporation. |
Global Enhanced Vision System Market Segmentation:
1. By Technology:
- GPS
- Infrared
- Millimeter-wave radar
- Synthetic Vision
2. By Component:
- Camera
- Display
- Others
- Sensors
3. By Platform:
- Fixed-Wing
- Rotary Wing
4. By Region:
- Asia-Pacific
- Europe
- Middle East
- Africa
- North America
- Latin America
Key Topics Covered in the Report:
- Global Enhanced Vision System Market Size (FY’2019-FY’2032)
- Overview of Global Enhanced Vision System Market
- Segmentation of Global Enhanced Vision System Market By Technology (GPS, Infrared, Millimeter-wave radar, Synthectic Vision)
- Segmentation of Global Enhanced Vision System Market By Component (Camera, Display, Sensors, Others)
- Segmentation of Global Enhanced Vision System Market By Platform (Fixed-Wing, and Rotary Wing)
- Statistical Snap of Global Enhanced Vision System Market
- Growth Analysis of Global Enhanced Vision System Market
- Problems and Challenges in Global Enhanced Vision System Market
- Competitive Landscape in the Global Enhanced Vision System Market
- Impact of COVID-19 and Demonetization on Global Enhanced Vision System Market
- Details on Recent Investment in Global Enhanced Vision System Market
- Competitive Analysis of Global Enhanced Vision System Market
- Major Players in the Global Enhanced Vision System Market
- SWOT Analysis of Global Enhanced Vision System Market
- Global Enhanced Vision System Market Future Outlook and Projections (FY’2019-FY’2032)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1 Research data source
2.1.1 Secondary data2.1.2 Primary data2.1.3 SPER’s internal database2.1.4 Premium insight from KOL’s
2.2 Market size estimation
2.2.1 Top-down and Bottom-up approach
2.3 Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis
4.1.1 Drivers4.1.2 Restraints4.1.3 Opportunities4.1.4 Challenges
4.2. COVID-19 Impacts of the Global Enhanced Vision System Market
5. Market variables and outlook
5.1. SWOT analysis
5.1.1 Strengths5.1.2 Weaknesses5.1.3 Opportunities5.1.4 Threats
5.2. PESTEL analysis
5.2.1 Political landscape5.2.2 Economic landscape5.2.3 Social landscape5.2.4 Technological landscape5.2.5 Environmental landscape5.2.6 Legal landscape
5.3. PORTER’S five forces analysis
5.3.1 Bargaining power of suppliers5.3.2 Bargaining power of Buyers5.3.3 Threat of Substitute5.3.4 Threat of new entrant5.3.5 Competitive rivalry
5.4. Heat map analysis
6. Competitive Landscape
6.1 Global Enhanced Vision System Manufacturing Base Distribution, Sales Area, Product Type6.2 Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Enhanced Vision System Market
7. Global Enhanced Vision System Market, By Technology, 2019-2032 (USD Million)
7.1 GPS7.2 Infrared7.3 Millimeter-wave radar7.4 Synthetic Vision
8. Global Enhanced Vision System Market, By Component, 2019-2032 (USD Million)
8.1 Camera8.2 Display8.3 Others8.4 Sensors
9. Global Enhanced Vision System Market, By Platform, 2019-2032 (USD Million)
9.1 Fixed-Wing9.2 Rotary Wing
10. Global Enhanced Vision System Market, By Region, 2019-2032 (USD Million)
10.1 Global Enhanced Vision System Market Size and Market Share by Region (2019-2025)10.2 Global Enhanced Vision System Market Size and Market Share by Region (2026-2032)10.3 Asia-Pacific
10.3.1 Australia10.3.2 China10.3.3 India10.3.4 Japan10.3.5 South Korea10.3.6 Rest of Asia-Pacific
10.4 Europe
10.4.1 France10.4.2 Germany10.4.3 Italy10.4.4 Spain10.4.5 United Kingdom10.4.6 Rest of Europe
10.5 Middle East and Africa
10.5.1 Kingdom of Saudi Arabia10.5.2 United Arab Emirates10.5.3 Rest of Middle East & Africa
10.6 North America
10.6.1 Canada10.6.2 Mexico10.6.3 United States
10.7 Latin America
10.7.1 Argentina10.7.2 Brazil10.7.3 Rest of Latin America
11. Company Profiles
11.1 Astronics Corporation
11.1.1 Company details11.1.2 Financial outlook11.1.3 Product summary11.1.4 Recent developments
11.2 Elbit Systems
11.2.1 Company details11.2.2 Financial outlook11.2.3 Product summary11.2.4 Recent developments
11.3 Esterline Technologies Corporation
11.3.1 Company details11.3.2 Financial outlook11.3.3 Product summary11.3.4 Recent developments
11.4 Honeywell International
11.4.1 Company details11.4.2 Financial outlook11.4.3 Product summary11.4.4 Recent developments
11.5 L-3 Communications Holdings
11.5.1 Company details11.5.2 Financial outlook11.5.3 Product summary11.5.4 Recent developments
11.6 MBDA
11.6.1 Company details11.6.2 Financial outlook11.6.3 Product summary11.6.4 Recent developments
11.7 Opgal
11.7.1 Company details11.7.2 Financial outlook11.7.3 Product summary11.7.4 Recent developments
11.8 Rockwell Collins
11.8.1 Company details11.8.2 Financial outlook11.8.3 Product summary11.8.4 Recent developments
11.9 Thales Group
11.9.1 Company details11.9.2 Financial outlook11.9.3 Product summary
11.9.4 Recent developments
11.10 United Technologies Corporation
11.10.1 Company details11.10.2 Financial outlook11.10.3 Product summary11.10.4 Recent developments
12. List of Abbreviations
13. Reference Links
14. Conclusion
15. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
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