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(Transportation-News.com, December 13, 2017 ) According to Publisher, the Global Commercial Aircraft Video Surveillance Systems Market accounted for $141.3 million in 2016 and is expected to reach $211.7 million by 2023 growing at a CAGR of 5.9% from 2016 to 2023. Adoption of advanced security solutions is considered to be one of the primary growth factors for commercial aircraft video surveillance systems market. Moreover, increasing demand for cost-effective surveillance equipment, stringent regulatory policies for aircraft surveillance, growing tourism and economic development, expansion of airline fleet in emerging regions, technological advancements and significant increase in air passenger traffic are the factors favouring the market growth. However, reduced profit margins in aerospace industry, resistance from aircraft crew, security issues and cyber threats are some of the factors restraining the market.
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The narrow body aircraft segment dominated in 2016, with around 63% revenue share of the global market due to rise in demand for narrow body aircrafts from various organizations. In 2016, Cockpit Door Surveillance System (CDSS) segment accounted for the largest share of the commercial aircraft video surveillance systems market owing to increasing real-time monitoring systems and improved aircraft infrastructure. Asia Pacific is expected to grasp major revenue share in commercial aircraft video surveillance systems market and is expected to grow with a high CAGR during the forecast period. This growth is attributed to increase in aerospace expenditure and rising regional air passenger traffic.
Ad Aerospace Plc., Aerial View Systems, Inc., Cabin Avionics Ltd., Global Airworks Inc., Global Epoint, Inc., Goodrich Corp., Groupe Latecoere SA, Meggitt Plc., Navaero, Inc., Orbit Technologies Ltd., Strongpilot Software Solutions, The Ucus Dunyasi Ltd. and United Technologies Corp are some of the leading players operating in the global Commercial Aircraft Video Surveillance Systems market.
Aircraft Types Covered:
-Narrow Body Aircraft
-Wide Body Aircraft
-Very Large Aircraft
-Business Jets
-Regional Transport Aircraft
System types Covered:
-Cabin Surveillance System (CSC)
-Cockpit Door Surveillance System (CDSS)
-Ground Maneuvering Camera Systems (GMCS)
-Flight Safety Camera Systems
-Environmental Camera System
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Regions Covered:
-North America
US
Canada
Mexico
-Europe
Germany
UK
Italy
France
Spain
Rest of Europe
-Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
-South America
Argentina
Brazil
Chile
Rest of South America
-Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
Company Profiling
9.1 Ad Aerospace Plc.
9.2 Aerial View Systems, Inc.
9.3 Cabin Avionics Ltd.
9.4 Global Airworks Inc.
9.5 Global Epoint, Inc.
9.6 Goodrich Corp.
9.7 Groupe Latecoere SA
9.9 Meggitt Plc.
9.9 Navaero, Inc.
9.10 Orbit Technologies Ltd.
9.11 Strongpilot Software Solutions
9.12 The Ucus Dunyasi Ltd.
9.13 United Technologies Corporation.
For more information about this report: http://www.reportsweb.com/commercial-aircraft-video-surveillance-systems-global-market-outlook-2017-2023
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
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