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Commercial Aircraft Video Surveillance Systems - Global Market Trajectory & Analytics

  • ID: 4845719
  • Report
  • April 2021
  • Region: Global
  • 221 Pages
  • Global Industry Analysts, Inc
Global Commercial Aircraft Video Surveillance Systems Market to Reach $190.3 Million by 2027

Amid the COVID-19 crisis, the global market for Commercial Aircraft Video Surveillance Systems estimated at US$144.7 Million in the year 2020, is projected to reach a revised size of US$190.3 Million by 2027, growing at a CAGR of 4% over the analysis period 2020-2027. Cockpit Door Surveillance System, one of the segments analyzed in the report, is projected to record a 4.3% CAGR and reach US$140.6 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cabin Surveillance System segment is readjusted to a revised 3.7% CAGR for the next 7-year period.



The U.S. Market is Estimated at $42.6 Million, While China is Forecast to Grow at 3.8% CAGR

The Commercial Aircraft Video Surveillance Systems market in the U.S. is estimated at US$42.6 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$33.8 Million by the year 2027 trailing a CAGR of 3.8% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 3.3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.9% CAGR.

Environmental Camera System Segment to Record 2.8% CAGR

In the global Environmental Camera System segment, USA, Canada, Japan, China and Europe will drive the 2.9% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$15.3 Million in the year 2020 will reach a projected size of US$18.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$21.2 Million by the year 2027.

Select Competitors (Total 41 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)
Frequently Asked Questions about the Global Market for Commercial Aircraft Video Surveillance Systems

What is the estimated value of the Global Market for Commercial Aircraft Video Surveillance Systems?

The Global Market for Commercial Aircraft Video Surveillance Systems was estimated to be valued at $144.7 Million in 2020.

What is the growth rate of the Global Market for Commercial Aircraft Video Surveillance Systems?

The growth rate of the Global Market for Commercial Aircraft Video Surveillance Systems is 4.0%, with an estimated value of $190.3 Million by 2027.

What is the forecasted size of the Global Market for Commercial Aircraft Video Surveillance Systems?

The Global Market for Commercial Aircraft Video Surveillance Systems is estimated to be worth $190.3 Million by 2027.
Note: Product cover images may vary from those shown
I. METHODOLOGY

II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • Commercial Aircraft Video Surveillance Systems Market: A Prelude
  • Impact of Covid-19 and a Looming Global Recession
  • Escalating Growth in Air Traffic Passengers and Increasing Aircraft Deliveries Drive Demand for Aircraft Video Surveillance Systems
  • Exhibit 1: Number of New Travelers in Million During 2006-2016 in Select Countries
  • Exhibit 2: Projected Rise in Number of Global Air Travelers (in Billion) for the Years 2016 through 2035
  • Exhibit 3: Percentage Growth in Global Demand for Air Traffic Passengers for the Years 2010 through 2019
  • Exhibit 4: Global Aircraft Deliveries for the Years 2018 and 2020
  • Exhibit 5: Global Plane Deliveries for the Period 2013 to 2017
  • Exhibit 6: Narrow-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
  • Exhibit 7: Wide-Body Aircraft Deliveries Until March 2019: Breakdown of Orders, Deliveries and Backlog by Airbus and Boeing
  • Exhibit 8: Number of New Commercial Aircraft Deliveries by Size for the Period 2018-2037
  • Exhibit 9: 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

III. MARKET ANALYSIS

IV. COMPETITION
  • Total Companies Profiled: 41
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