The commercial aircraft video surveillance systems market is estimated to be $127.13 million in 2014 and is expected to register a CAGR of 5.35% to reach $173.83 million by 2020.
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The report provides a market analysis of the commercial aircraft video surveillance systems market over the next six years. It contains the analysis of drivers, challenges, restraints, and burning issues that impact the industry. It also discusses the industrial value chain, porters five force model, and technology trends that currently prevail in the commercial aircraft video surveillance systems market.
It tracks, analyses, and lays out the market size of major aviation spenders in each region and provides the market share by cockpit architecture. It also analyses the market share by system type used to assist the operation of video surveillance systems.
The report provides information of the leading competitors in the commercial aircraft video surveillance systems market; it also provides details on their financial positions, key products, their unique selling points, and key developments. This research report categorizes the global market on the basis of cockpit architecture, types of systems, regions, and by countries, along with forecasting revenues, market share, and analyzing trends in each of the sub sectors.
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All the percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the markets covered in this research study have been viewed in extensive detail, verified through primary research, and analysed to procure the final quantitative and qualitative data. This data is consolidated and added with detailed inputs and analysis from MarketsandMarkets, and is presented in this report.
The percentage split-ups of the segments categorized under the global market were used to arrive at the market sizes of each of the individual segments of the end-user verticals. The commercial aircraft video surveillance systems market has been classified by cockpit architecture, system, and geography. Thus, data was triangulated among four major categories based on their market sizes by aircraft types, system type, geography, and company revenue.
With the economic recovery and strong consumer sentiment, the commercial aviation market is slowly finding its way. The external video surveillance systems including flight safety camera system and ground maneuvering system are very important for safe and smooth aircraft operation right from take-off to landing. The increasing concerns for external surveillance are expected to fuel the demand for video surveillance systems for the aircrafts.
Of the regions considered for this market, Asia- Pacific contributes the largest portion of the market share of the total market. Since Asia being the largest growing economies in the world, the aircraft delivery will increase which further increase the need for better surveillance on-board.
The commercial aircraft video surveillance systems market is a diversified and competitive market with a large number of players. The commercial aircraft video surveillance systems market is dominated by companies based on their core competencies. Key players in this market include Secureplane (U.S.), AD Aerospace (U.K.), and Global Airworks (U.S). Secureplane is the major player in the commercial aircraft video surveillance systems market followed by AD Aerospace in Europe.
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