Enhanced Flight Vision Systems Market 2018 Global Industry Size, Share, Trends, Growth Factors, Segments and Geographic Overview With Key Companies Review – Forecast to 2023

“\”Enhanced Flight Vision Systems\””
Global Enhanced Flight Vision Systems (EFDS) Market by Technology (Infrared, Synthetic Vision, and Others), Component (Display, Camera, Sensor, and Others), Platform (Fixed-Wing & Rotary-Wing) and Region – Global Forecast to 2023

Global Enhanced Flight Vision System Market To Expand Remarkably During 2017-2023

The enhanced flight vision system (EFDS) uses multiple sensors on the aircraft to provide the pilot with an enhanced display of the surrounding area in order to improve situational awareness. Marker Research Future (MRFR) has recently published a report projecting the global enhanced flight vision system market is anticipated to expand significantly during the forecast period of 2017-2023.

Competitive Analysis:

The manufacturers in the global enhanced flight vision system market are increasing the research and developed expenditure for new product launch in order to sustain the highly competitive environment of the global market. The strategic mergers and acquisitions among the players of the global market are strengthening the competition in the global enhanced flight vision system market.

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In July 2018, Bombardier, a leading manufacturer of aircrafts, has announced the incorporation of head-up-display and enhanced flight vision system on Challenger 350, it’s best selling business aircraft.

The prominent players of the global enhanced flight vision system market are :

  • Honeywell International Inc. (U.S.)
  • United Technologies Corporation (U.S.)
  • L-3 Communications Holdings Inc. (U.S.)
  • Thales Group (France)
  • Elbit Systems Ltd. (Israel)

Market Drivers and Restraints:

The increasing demand for advanced technology for ensuring reliable flight operations and improved aviation safety are majorly driving the expansion of the global enhanced flight vision system market. The inclination towards adoption of high-tech avionics and navigation systems for improving the situational awareness of pilots during degraded visual conditions such as heavy rainfall and fog are creating traction for enhanced flight vision systems in the global market.

The widespread application of enhanced flight vision systems in commercial and business aircrafts is fueling the expansion of the global enhanced flight vision system market. The recent developments for incorporation of this system in military aircrafts are anticipated to drive the global enhanced flight vision system market to higher verticals during the forecast period.

On the flip side, the high cost related to technology upgrades and maintenance of the pre-installed enhanced flight vision systems are likely to act as restraints in the growth of the global enhanced flight vision system market during the forecast period.

Market Segmentation:

The global enhanced flight vision system market has been segmented on the basis of technology, component and platform. Based on technology the enhanced flight vision system market is segmented into infrared, synthetic vision, global positioning system, millimeter wave radar, and others. The millimeter wave radar segment is anticipated to project fastest growth in the global enhanced flight vision system market during the forecast period owing to its least dependency on weather conditions which provides safety and reliability in vision and navigation.

Based on components, the enhanced flight vision system market is segmented into display unit, camera, sensors, and others. The display unit segment is growing significantly in the global enhanced flight vision system market due to the increased demand for high-definition displays as the display units are the primary components of the enhanced flight vision systems.

Based on platform, the Enhanced Flight Vision System Market is segmented into fixed-wing and rotary-wing.

Detailed Regional Analysis:

The global enhanced flight vision system market has been geographically segmented into five major regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The North America region is anticipated to dominate the global enhanced flight vision system market during the forecast period due to the rapid technological advancement and presence of leading component and equipment manufacturers of enhanced flight vision systems in this region. The increasing adoption of advanced technology and rise in research and development expenditure by the players in the enhanced flight vision system market is driving the market in the Europe region. Whereas, the Asia Pacific region is projecting the fastest growth of the enhanced flight vision system market due to the increasing demand for advanced aviation safety systems and rise in number of private and business aircrafts in this region.

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