Aircraft Synthetic Vision System is a modern aviation technology that uses a computer-generated 3D environment for the pilot to give information about runways, terrains, obstacles, airports and flight plans. It enhances the pilot’s situational awareness, especially during low visibility flying conditions, through moving maps, artificial vision, and route planning. This system reduces the chances of accidents caused by controlled flight into terrain or CFIT, runway obstructions and loss of control.
The value of the global aircraft synthetic vision system market is projected to grow at a CAGR of more than 2.8% in the forecast period 2021-2026.
The growth of the aircraft synthetic vision system market is driven by the increasing demand for fleet modernisations and new aircraft by commercial, military and general aviation sectors. Increasing air traffic is fuelling the demand for more efficient safety mechanisms for commercial and other aircraft, acting as a growth driver for this market. Strict government regulations for flight safety and the growing aviation sector in developing countries also boost this market.
To Understand How COVID-19 Impact is Covered in this Report. Get Sample Copy of the report at https://www.marketresearchfuture.com/sample_request/1352
The disruption caused to the supply chain of aviation electronics and slowdown in the aviation sector by the Covid-19 pandemic negatively affected the growth of the aircraft synthetic vision system market. The high cost of R&D in the aviation electronics industry is another growth dampener for this market.
On the basis of display system, the aircraft synthetic vision system market is divided into primary flight display, navigation display, heads-up display, helmet-mounted display, and other display systems.
Based on the aircraft type, the synthetic vision system market is divided into fixed-wing aircraft and rotatory wing aircraft.
On the basis of application, the aircraft synthetic vision system market is divided into commercial, military and general aviation. The military segment is projected to register the highest growth rate in the forecast period. Increasing hostilities between various countries lead to more and more purchases of advanced defence equipment, including modern military aircrafts such as fighter jets. Since modern military aircraft are equipped with synthetic vision systems, the rising demand for new-generation military aircraft is creating more requirements for aircraft synthetic vision systems.
On the basis of regions, the global aircraft synthetic vision system market is divided into North America, Europe, Asia Pacific, Latin America and the Middle East and Africa.
North America is the largest market and is projected to dominate the market in the forecast period. The main reason is the presence of a strong aviation industry in the region, fuelling the demand for modern aircraft and large scale investments in aviation technology by global giants in this region. Furthermore, rising air traffic in the region is bolstering the demand for advanced air safety mechanisms.
Synthetic Vision System Market Report: Information by Display System (Primary Flight Display, Navigation Display, Head-Up & Helmet Mounted Display & Others), by Aircraft Type (Fixed-Wing & Rotary-Wing), by Application & by Region – Forecast to 2027 @ https://www.marketresearchfuture.com/reports/aircraft-synthetic-vision-system-market-1352
The Report Provides Insights On The Following Pointers:
Chapter 1 Study Coverage
Chapter 2 Executive Summary
Chapter 3 Aircraft Synthetic Vision System Market Competitor Landscape by Players
Chapter 4 Aircraft Synthetic Vision System Market Size by Type and Application
Chapter 5 Global and Regional Analysis
Chapter 6 Company Profiles, recent developments, and investments
Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis
Chapter 8 Value Chain and Sales Channels Analysis with breakthrough product developments
Chapter 9 Research Findings and Conclusion
Chapter 10 Methodology/Research Approach