Commercial Aircraft Video Surveillance Systems Global Market to Reach $229.3 Million by 2030: Need for Enhanced Security Solutions in Commercial Aircraft Drives Growth
DUBLIN, June 16, 2023 /PRNewswire/ — The “Commercial Aircraft Video Surveillance Systems – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
The global market for Commercial Aircraft Video Surveillance Systems estimated at US$172.3 Million in the year 2022, is projected to reach a revised size of US$229.3 Million by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.
Cockpit Door Surveillance Systems, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$103.1 Million by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Environmental Camera Systems segment is readjusted to a revised 2.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $50.4 Million, While China is Forecast to Grow at 3.5% CAGR
The Commercial Aircraft Video Surveillance Systems market in the U.S. is estimated at US$50.4 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$40.8 Million by the year 2030 trailing a CAGR of 3.5% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.4% and 3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.5% CAGR.
Select Competitors (Total 16 Featured) –
- AD Aerospace Ltd.
- Aerial View Systems Inc.
- Cabin Avionics Ltd.
- Global ePoint, Inc.
- Groupe Latecoere SA
- Meggitt PLC
- Strongpilot Software Solutions
- United Technologies Corporation (UTC)
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- Commercial Aircraft Video Surveillance Systems Market: A Prelude
- Commercial Aircraft Video Surveillance Systems – Global Key Competitors Percentage Market Share in 2022 (E)
- Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Escalating Growth in Air Traffic Passengers and Increasing Aircraft Deliveries Drive Demand for Aircraft Video Surveillance Systems
- Number of New Travelers in Million During 2006-2016 in Select Countries
- Projected Rise in Number of Global Air Travelers (in Billion) for the Years 2016 through 2035
- Percentage Growth in Global Demand for Air Traffic Passengers for the Years 2010 through 2019
- Global Aircraft Deliveries for the Years 2018 and 2020
- Global Plane Deliveries for the Period 2013 to 2017
- Narrow-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
- Wide-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
- Number of New Commercial Aircraft Deliveries by Size for the Period 2018-2037
- Global Aircraft Fleet: Number of Deliveries for the Years 2018, 2020, 2024 and 2028
- Commercial Aircraft Video Surveillance Market Witnesses Significant Growth Amidst Supportive Regulatory Policies
- Increasing Number of Offensive Incidences in Aircrafts Drives Market Growth
- Need for Enhanced Security Solutions in Commercial Aircraft Drives Significant Demand for Video Surveillance Systems
- Surveillance Cameras Set to Monitor Airlines: A Business Case for CAVSS Market
- Continuous Efforts for Increasing Operational Efficiency of Aircrafts Lay a Strong Foundation for Market Growth
- Surge in Demand for HD Cameras Augurs Well for Aircraft Video Surveillance Market
- Challenges
- Persistent Demand for Improved Situational Awareness: A Major Challenge
- Certification for Video Surveillance System: A Hurdle for Market Growth
- Placement of Video Cameras in Cabins: A Controversial Aspect
- Breach of Privacy: A Major Cause of Concern for Passengers
- Product Overview
- Commercial Aircraft Video Surveillance Systems: Definition
- Commercial Aircraft Video Surveillance Systems by Type
- Cockpit Door Surveillance System
- Cabin Surveillance System
- Environmental Camera System
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/jc1sgf
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