Global Aircraft Synthetic Vision System Industry: Applications in Defense Continue to Offer Opportunities

Albany, US, 2017-Oct-12 — /EPR Network/ — A synthetic vision system is a computer-mediated reality system for aerial vehicles that uses 3D to provide pilots with clear and intuitive means of understanding their flying environment. A synthetic vision system (SVS) is an aircraft installation that combines three-dimensional data into intuitive displays to provide improved situational awareness to flight crews. A new report that has been added to the comprehensive database of Market Research Hub (MRH) offers research and analysis on the global aircraft synthetic vision systems industry globally. “Aircraft Synthetic Vision System Report by Material, Application, and Geography Global Forecast to 2021” is a professional and comprehensive research report on the world’s major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, United Kingdom, Japan, South Korea and China).

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The report offers current market value, while making projections on the growth of the market. It also offers year-on-year analysis and forecast on the global aircraft synthetic vision system market.

The report firstly introduces the Aircraft Synthetic Vision System basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world’s main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

The major players profiled in this report include: Elbit Systems, Company C, Israel Aerospace Industries Ltd, Honeywell Aerospace, Cobham, Garmin, and BAE Systems. According to the report, the global aircraft synthetic vision system (SVS) market is positively impacted by demand from rotorcraft industry. Owing to the low visibility and high chances of obstacles at low flying angels, the rotorcraft industry accounts for high demand for aircraft synthetic vision systems globally.

The adoption of SVS is highly dependent on the regulations in the aviation industry. As there have been massive upgrades in terms of security and safety, there is an increasingly positive perception towards SVS in the aviation sector. A long period of positivity can augur well for the growth of the market during the forecast period.

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Although demand for SVS continues to grow all around the world, Europe continues to remain important for future prospects on account of the robust aviation sector, and government spending on the defense sector. It is highly likely that investment and spending on upgrading defense equipment will increase, and this likely to provide an impetus to growth.

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