IMARC Group, a leading market research company, has recently releases report titled “Commercial Aircraft Video Surveillance Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global commercial aircraft video surveillance systems market growth, share, size, trends, and forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
How Big is the Commercial Aircraft Video Surveillance Systems Market
The global commercial aircraft video surveillance systems market size reached US$ 651.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 928.9 Million by 2028, exhibiting a growth rate (CAGR) of 5.9% during 2023-2028.
What is Commercial Aircraft Video Surveillance Systems
Commercial aircraft video surveillance systems represent cutting-edge monitoring technology employed for tracking an aircraft's internal and external functions, including security aspects. These sophisticated systems encompass a range of components, such as cameras, control panels, cabin layouts, display units, video recorders, transmission systems, and more. Their applications span a wide array of aviation activities, including aircraft refueling, cabin surveillance, ground support operations, and ensuring passenger safety. During flight, these systems come into play by providing real-time transmission of in-flight activities. Their multifaceted functionalities encompass improving flight management, capturing incident evidence, enhancing situational awareness, and optimizing cost-effectiveness, among others. As a result, commercial aircraft video surveillance systems are widely deployed in both wide- and narrow-body business jets and aircraft, contributing significantly to aviation safety and operational efficiency.
Global Industry Trends and Drivers:
The commercial aircraft video surveillance systems market is experiencing significant growth, driven by several compelling factors. One of the primary drivers is the escalating threat landscape characterized by increasing terror attacks and serious illegal activities across various countries. This has prompted a heightened need for robust security measures within the aviation industry, thereby boosting the demand for video surveillance systems. Additionally, the expanding travel industry has placed a premium on travel security solutions, further propelling market growth.
The market is also benefiting from technological advancements, particularly the development of miniaturized advanced video surveillance systems. These systems offer discreteness and portability, making them invaluable for enhancing safety measures. Furthermore, commercial aircraft video surveillance systems play a pivotal role in facilitating international trade, particularly the secure transportation of precious cargo, adding to their growing significance.
Investments in the aviation sector, both in terms of infrastructure and technology, have been on the rise. This, coupled with increased research and development activities, is contributing to the market's expansion. Moreover, government bodies have been proactive in introducing favorable policies aimed at enhancing passenger safety, which is expected to further fuel the adoption of commercial aircraft video surveillance systems in the coming years. Overall, the market is poised for continuous growth as it addresses critical security needs within the aviation industry.
Report Segmentation:
The market is segmented as follows:
Breakup by Aircraft Type:
- Narrow Body Aircraft
- Wide Body Aircraft
- Regional and Business Aircraft
- Freighter Aircraft
Breakup by System Type:
- Cockpit Door Surveillance System
- Environmental Camera System
- Cabin Surveillance System
Breakup by Assembly:
- Retro-Fit
- Line-Fit
Breakup by End User:
- Original Equipment Manufacturer (OEM)
- Aircraft Manufacturers
- Aircraft Maintenance Service Providers
- Others
Breakup by Region:
- North America
o United States
o Canada
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Indonesia
o Others
- Europe
o Germany
o France
o United Kingdom
o Italy
o Spain
o Russia
o Others
- Latin America
o Brazil
o Mexico
o Others
- Middle East and Africa
The report provides a comprehensive analysis of the industry key players listed below:
The Major Players in the market are A.S. Avionics Services S/A, AD Aerospace Ltd., Cabin Avionics Ltd., Collins Aerospace (Raytheon Technologies Corporation), Eirtech Aviation Services, Global ePoint Inc., Groupe Latécoère, Kappa Optronics Gmbh, KID-Systeme GmbH, Meggitt Plc. and Otonomy Aviation.
