Clear Skies and Secure Skies : Commercial Aircraft Video Surveillance Market Set to Reach $257.02 Million by 2030

October 20, 2023 04:19 PM AEDT | By EIN Presswire
 Clear Skies and Secure Skies : Commercial Aircraft Video Surveillance Market Set to Reach $257.02 Million by 2030
Image source: EIN Presswire

OREGAON, PORTLAND, UNITED STATES , October 20, 2023 /EINPresswire.com/ -- According to the report published by Allied Market Research, the global commercial aircraft video surveillance systems market generated $170.82 million in 2020, and is projected to reach $257.02 million by 2030, witnessing a CAGR of 4.3% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 - https://www.alliedmarketresearch.com/request-sample/2306

The need for enhanced aircraft security, the introduction of advanced & innovative technologies, an upsurge in budgetary expenses for aerospace applications, and enhanced emphasis on passenger safety drive the growth of the global commercial aircraft video surveillance systems market. However, reduced profit margins in aerospace business, deployment of technologically advanced products while maintaining profitability, and aircraft crew opposition to installation of cameras in cockpit restrain the market to some extent. On the other hand, surge in R&D initiatives and increase in focus to improve operational efficiency present new opportunities in the upcoming years.

𝐓𝐨𝐩 𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬:-
Aerial View System Inc.,
AD Aerospace,
Avionics Services,
Eirtech Aviation Services,
Global ePoint Inc.,
Kappa Optronics Gmbh,
KID Systeme Gmbh,
Meggitt Plc.,
Ontonomy Aviation,
Raytheon Technologies Corporation

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 - https://www.alliedmarketresearch.com/commercial-aircraft-video-surveillance-systems-market/purchase-options

The report offers detailed segmentation of the global commercial aircraft video surveillance systems market based on system type, aircraft type, application, and region.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐬𝐲𝐬𝐭𝐞𝐦 𝐭𝐲𝐩𝐞, the cockpit door surveillance system segment held the highest market share in 2020, holding nearly two-fifths of the total market share, and is expected to continue its leadership status during the forecast period. However, the environmental camera system segment is estimated to register the highest CAGR of 5.1% from 2021 to 2030.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐚𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧, the passenger segment held the largest market share in 2020, holding more than four-fifths of the total market share, and is expected to continue its leadership status during the forecast period. However, the cargo segment is projected to register the highest CAGR of 5.4% from 2021 to 2030.

𝐁𝐚𝐬𝐞𝐝 𝐨𝐧 𝐫𝐞𝐠𝐢𝐨𝐧, Asia-Pacific contributed to the highest share in terms of revenue in 2020, holding nearly one-third of the total market share, and is estimated to continue its dominant share by 2030. Moreover, this region is projected to manifest the fastest CAGR of 5.3% during the forecast period. Other regions discussed in the report include North America, Europe, and LAMEA.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/2306

𝐈𝐦𝐩𝐚𝐜𝐭 𝐎𝐟 𝐂𝐎𝐕𝐈𝐃-𝟏𝟗

👉The COVID-19 impact on the commercial aircraft video surveillance systems market is unpredictable and is expected to remain in force for a few years.
👉The COVID-19 outbreak forced governments across the globe to implement stringent lockdown and ban import–export activities for most of 2020 & few months in 2021. This led to sudden fall in demand for air travel and thousands of planes were grounded across the globe.
👉Moreover, nationwide lockdown forced commercial aircraft video surveillance systems manufacturing facilities to partially or completely shut their operations.
👉Adverse impacts of the COVID-19 pandemic have resulted in delayed activities and initiatives regarding development of commercial aircraft video surveillance systems components across the globe.

𝐒𝐢𝐦𝐢𝐥𝐚𝐫 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐖𝐞 𝐇𝐚𝐯𝐞 𝐨𝐧 𝐒𝐮𝐫𝐯𝐞𝐢𝐥𝐥𝐚𝐧𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:

https://www.alliedmarketresearch.com/ground-surveillance-radar-market-A07146 - Ground Surveillance RADAR Market

https://www.alliedmarketresearch.com/maritime-surveillance-market - Maritime Surveillance Market

https://www.alliedmarketresearch.com/ground-mid-range-surveillance-radar-market-A09316 - Ground Mid-Range Surveillance Radar Market

https://www.alliedmarketresearch.com/under-vehicle-surveillance-market-A11407 - Under-Vehicle Surveillance Market

https://www.alliedmarketresearch.com/surveillance-radars-market-A14509 - Surveillance Radars Market

David Correa
Allied Market Research
+1 800-792-5285
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