Enhanced Vision System Market - Safety Regulations Propel Growth
Posted by Rashmi Patil on May 16th, 2019
The global enhanced vision system market is on a growth trajectory on account of radical improvements in the aerospace sector for aircraft safety. Top notch aircraft manufacturers are opting for hi-tech avionics and navigation systems to raise alarm in the event of a possible danger. Enhanced vision systems help to provide a detailed view of the terrain along with monitoring of various obstacles that may pose a challenge to the safety of aircraft.
Some of the key factors driving the global enhanced vision system market are the dire need to enhance aircraft safety, especially in limited visibility environments. This is because enhanced vision system collects information from various aircraft based sensors, which includes near-infrared cameras to give complete view of the terrain, especially in extreme weather conditions.
Apart from this, in developed countries, regulation and policies in place necessitate aircraft to be equipped with advanced vision systems in the interest of pilot and passenger safety.
A report by Transparency Market Research forecasts the global enhanced vision system to expand at a CAGR of 4.4% between 2017 and 2025. At this rate, the global enhanced vision system market is expected to peg an opportunity of US2.4 mn by 2025 increasing from US1.1 mn in 2016.
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Easy Application of Synthetic Vision System Pushes Adoption
The global enhanced vision system market can be divided upon system into synthetic vision system and enhanced vision system. Of the two, the segment of synthetic vision leads the market on the back of its low cost and its easy application in aircraft. However, advanced vision system is expected to surpass in terms of revenue over the forecast period.Top Searches - Trending Searches - New Articles - Top Articles - Trending Articles - Featured Articles - Top Members
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