Industry Background:
The enhanced vision system is termed as a stand-alone thermal imaging camera which sees infrared energy emitting, or radiating, from the objects and forms a real-time video image which is then displayed on an MFD or also on a dedicated video display screen. The primary benefits of the systems are to improve the situational awareness. During the night, an EVS eliminates visual effects of the darkness, turning it into a day on the display, which enables the pilot to see and avoid the clouds at night. While during the day, the system enables a pilot to see through the smoke, smog, and haze. At present, in the developed countries, the industry of the Enhanced Vision System (EVS) is normally at a more advanced level. There are some factors which are driving the market of enhanced vision systems they are Aircraft safety, reliable operations at low visibility and situational awareness. Whereas, investment of high amount and lengthy process of clearance for upgradation of components act as a major restraint for the market of enhanced vision systemsThis growth is primarily driven by Improved Safety and Situational Awareness, Reliable Operations at Poor Visibility and Inadequate Infrastructure in Smaller Airports.
Globally, a noticeable market trend is evident Advancements in Existing Technologies. Major Players, such as Honeywell International, Inc. (United States), United Technologies Corporation (United States), L-3 Communications Holdings, Inc. (United States), Thales Group (France), Elbit Systems Ltd. (Israel), Rockwell Collins, Inc. (United States), Esterline Technologies Corporation (United States), Astronics Corporation (United States), Dassault Falcon Jets Corp. (United States) and Gulfstream Aerospace Corporation (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In a major boost for airline accident investigations, two aviation leaders, Honeywell and Curtiss-Wright Corp., have partnered to develop an entirely new way for airlines to monitor and analyze flight data
A new hybrid-electric turbogenerator from Honeywell will make its debut at the HAI HELI-EXPO in Atlanta in the month of March 2019 to showcase the company's growing role in the urban air mobility segment, highlighted by Honeywell advancements in electric and hybrid-electric propulsion systems
Market Drivers
- Improved Safety and Situational Awareness
- Reliable Operations at Poor Visibility
- Inadequate Infrastructure in Smaller Airports
Market Trend
- Advancements in Existing Technologies
Restraints
- Industry Regulations
- High Cost of Technology
Opportunities
Retrofit and Aftermarket and Standard Fit for Business Jets and Operational Efficiency for Aircraft
Challenges
Create Awareness of EVS Among Aircraft Operators
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