Enhanced vision system refers to a technology that integrates information from the sensors that are aircraft based such as millimeter wave radar and near-infrared cameras for providing vision in environments and situations where the visibility is limited. Night vision systems have been attainable by pilots of military and combat aircraft for several years now. At present, many business jets have also added similar features to their aircrafts for enhancing the awareness of pilots in certain situations of poor visibility owing to haze, bad weather, or night. Enhanced vision system integrates a specialized advance technology pertaining to infrared imaging. The novel IR cameras function in SWIR or shortwave infrared spectrum. This type of sensor is mainly tuned with the frequency of runway lights and is also sensitive to the light that is inherent in the environment surrounding the immediate environment.
The global market for enhanced vision system is projected to witness a 4.4% CAGR from 2017 to 2025 according to Transparency Market Research. Rising from a worth US$211.1 mn in 20016, the market is expected to rise to a valuation of US$312.4 mn by the end of 2025.
How will aircraft safety play a key role in the development of the market?
At the bleeding edge of driving development in the enhanced visibility system (EVS) advertise is the need to upgrade air ship security, particularly in constrained visibility conditions. This is on account of enhanced vision systems accumulates data from different airplane based sensors, including close infrared cameras to give an unmistakable perspective of the landscape particularly in constrained visibility situations. Alternate points of interest of enhanced vision system is to get a definite perspective of the territory and to get bits of knowledge about impediments that may represent a peril to the flying machine. EVS puts a scope of pictures on the display screen that empowers the pilot to get bits of knowledge about the landscape, particularly when visibility is poor.
Which segments will be the main focus of buyers?
The worldwide market for enhanced vision system is fragmented into enhanced vision system and synthetic vision system. Amongst these two, the segment of synthetic vision systems dominated the market owing to its inexpensive nature along with its ease of use in different aircrafts. Other than this, on the basis of component, the market was led by the camera and display segments in 2016 and is expected to maintain a strong hold over the market in the years ahead. This growth can be attributed to the advancements in technology applied and the innovations being done by the market players and the research organizations across the globe.
Which region will the most lucrative in terms of the growth of the market?
Europe and North America, amongst all the other regions, are the key regional segments that at present together contribute over 50% revenue to the global market. The development of the aerospace sector along with guidelines that demand aerospace companies to install enhanced vision systems in both rotary and fixed wings aircraft have been the prime factors advancing the growth of the market in these regions.