Enhanced Vision System Market Size, Share, Growth & Trends 2032

Enhanced Vision System Market

Enhanced Vision System Market By system (enhanced vision system and synthetic vision system), By component (display screen, camera, and sensors), By application (aerospace and defense) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2024-2032

Category: Technology & Media Report Format : PDF Report Code: ZMR-1859 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 273.84 Million USD 412.6 Million 4.66% 2023

Description

Enhanced Vision System Market Insights

According to the report published by Zion Market Research, the global Enhanced Vision System Market size was valued at USD 273.84 Million in 2023 and is predicted to reach USD 412.6 Million by the end of 2032. The market is expected to grow with a CAGR of 4.66% during the forecast period. The report analyzes the global Enhanced Vision System Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Enhanced Vision System industry.

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Global Enhanced Vision System Market: Overview

Enhanced vision systems aid in providing an exhaustive view of the terrain and surveillance different obstacles that may negatively impact the safety of the aircraft. Enhanced vision comprises technology that includes data from sensors based on aircraft that present real-time electronic images of the exterior surroundings obtained with the help of image sensors. This aids the pilot and the flight crew members with an enhanced image of the terrain derived from sensor also at the extremely low light. These images are produced by capturing and monitoring infrared energy that is radiated from objects; this forms a real-time video image, which is presented on a particular video display screen.

Global Enhanced Vision System Market: Growth Factors

High demand for aircraft with technological advancements from developing countries as compared to the developed economies is anticipated to boost the global enhanced vision system market. Furthermore, the technological advancements directly impacts the enhanced vision systems market growth in a positive way. In addition, both passive and active sensors utilized in enhanced vision system have proved to be the majors boosting the functionalities and performance of the aircraft. Infrared sensors having enough thermal scene contrast helps them capture proper image of different recognized patterns and shapes by the pilot through infrared image. All these factors are anticipated to propel the global enhanced vision system market in the near future. The level of performance of enhanced vision sensor and the quality of enhanced vision image chiefly depends on the various energy source conditions (non-visible or visible) along with atmospheric conditions that can be. All the factors may hamper the growth of the global enhanced vision system market to some extent.

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Global Enhanced Vision System Market: Segmentation

The global enhanced vision system market is segmented based on system, component, and application.

On the basis of the system, the global market is segmented as enhanced vision system and synthetic vision system.

Based on the component, the global enhanced vision system market is segmented as a display screen, camera, and sensors.

Further, on the basis of application, the global market is segmented as aerospace and defense.

Enhanced Vision System Market: Report Scope

Report Attributes Report Details
Report Name Enhanced Vision System Market
Market Size in 2023 USD 273.84 Million
Market Forecast in 2032 USD 412.6 Million
Growth Rate CAGR of 4.66%
Number of Pages 198
Key Companies Covered United Technologies Corporation, Honeywell International Inc., Rockwell Collins Inc., FLIR Systems Inc., and Astronics Corporation. Other key players dominating the global market are Thales Group, HCL Embraer SA, Safran, and Elbit Systems Ltd
Segments Covered By system, By component, By application and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Enhanced Vision System Market: Regional Analysis

Europe and North America are the major players in the global enhanced vision system market together contributing over 50% of the revenue in the global market. The aerospace sector growth, as well as regulations that demand aerospace companies supply enhanced vision systems in both rotary and fixed wings aircraft, are the major factors boosting the global market growth. Moreover, Latin America and Asia Pacific are other prominent regions contributing a considerable share to the global enhanced vision system market growth.

Global Enhanced Vision System Market: Competitive Players

Some of the major players in the global enhanced vision system market are:

  • United Technologies Corporation
  • Honeywell International Inc.
  • Rockwell Collins Inc.
  • FLIR Systems Inc.,
  • Astronics Corporation.

Other key players dominating the global market are Thales Group, HCL Embraer SA, Safran, and Elbit Systems Ltd.

The Global Enhanced Vision System Market is segmented as follows:

By system 

  • enhanced vision system
  • synthetic vision system 

By component 

  • display screen
  • camera
  • sensors

By application 

  • aerospace
  • defense

Global Enhanced Vision System Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Report Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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