The global Aircraft Synthetic Vision System market is expected to grow at a CAGR of around 8% during 2016-2021. The growing demand for synthetic surveillance systems (SVS) in UAV and rotorcraft platform, improved safety standard, and growing retrofit market are the key drivers for the market growth.
As per the MRFR analysis, the potential threat for the market is the integrity of database which would hamper the functioning of synthetic vision systems. Also, regulatory issues and challenges associated with airworthiness certification in the emerging markets are the factors limiting the market growth in the long term.
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Major Key Players
Universal Avionics Systems,
L-3 Avionics Systems,
Regional and Country Analysis of Aircraft Synthetic Vision System Market
EMEA is currently the home for second largest SVS aircraft globally. With the procurement of next generation aircraft and growing SVS aircraft in the region, it is likely to dominate the market in the forecast period.
As per the MRFR analysis, the Americas Aircraft Synthetic Vision System market is poised to reach $ Billion in 2021, to grow at a CAGR of around 3% during the forecasted period. Whereas, EMEA and Asia Pacific will grow at a good CAGR.
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Study Objectives of Aircraft Synthetic Vision System Market
- To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aircraft Synthetic Vision System Market
- To provide insights about factors affecting the market growth
- To analyse the Global Aircraft Synthetic Vision System Market based on various factors- price analysis, supply chain analysis, porter’s five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World (ROW)
- To provide country-level analysis of the market with respect to the current market size and future prospective
- To provide country-level analysis of the market for segment by application and type s
- To provide strategic profiling of key players in the market, comprehensively analysing their core competencies, and drawing a competitive landscape for the market
- To track and analyse competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Aircraft Synthetic Vision System Market
The market report for Aircraft Synthetic Vision System of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance.
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