Commercial Aircraft Video Surveillance Market: Global Size, Share, Trends, Growth and Forecast, 2022-2032
Commercial Aircraft Video Surveillance Market: Overview and Definition
The commercial aircraft video surveillance market refers to the industry involved in the production, distribution, and installation of video surveillance systems in commercial airplanes. Video surveillance systems are installed in commercial aircraft for safety and security reasons, such as to monitor passenger behavior, detect unauthorized access to restricted areas, and provide evidence in the event of an incident or emergency.
Commercial aircraft video surveillance systems typically consist of multiple cameras located throughout the cabin and cockpit, as well as in key areas such as the cargo hold and exterior of the plane. These cameras are connected to a centralized monitoring system, which allows crew members to view footage in real-time and store video data for later review.
The commercial aircraft video surveillance market is driven by increasing safety and security concerns in the aviation industry, as well as advances in technology that have made video surveillance systems more affordable and easier to install. The market is also subject to regulatory requirements and standards related to aviation safety and security.
The commercial aircraft video surveillance market is highly competitive, with a small number of companies specializing in the design and installation of these systems. These companies often invest in research and development to improve the quality and reliability of their products, as well as to meet changing regulatory requirements. Additionally, companies may also offer other safety and security solutions for the aviation industry, such as access control systems, fire detection systems, and emergency lighting.
Various aviation organizations have mandated the installation of cameras in aircrafts. The commercial aircraft video surveillance market is anticipated to flourish at a CAGR of 5.4% over the forecast period i.e. 2020-2025. Further, the market for commercial aircraft video surveillance was valued at USD XXX.X Million in 2019.
Growth Drivers – Commercial Aircraft Video Surveillance Market
Increasing Demand for Commercial Aircrafts
Rising number of air passengers is resulting in increased demand for commercial aircrafts which is expected to intensify the demand for commercial aircraft video surveillance systems. According to International Air Transport Association, the number of air passengers is forecasted to increase by 2X between 2016 and 2035. This in turn is anticipated to propel the demand for commercial aircrafts. Further, number of jet planes and narrow body aircraft will increase which is envisioned to foster the growth of global commercial aircraft video surveillance market.
Innovation and Development of Advanced Camera Systems
Manufacturers of aircraft video surveillance are focusing on development of advanced aircraft video surveillance systems such as day and night capable cameras. Further, there has been significant growth in number of freight planes due to increasing e-commerce business in developing nations. This further signal promising growth for global commercial aircraft video surveillance systems market.
Barriers – Commercial Aircraft Video Surveillance Market
Limited Number of Aircraft Surveillance Systems Manufacturers
Expertise and huge investments are required to run an aircraft visual surveillance system. This factor is limiting the entry of new market players. Further, presence of low number of market players is a restraint for global commercial aircraft video surveillance market.
The commercial aircraft video surveillance market by product type is segmented into cabin surveillance system, cargo surveillance system, cockpit access surveillance system and ground maneuvering camera system. The market for cabin surveillance system captured highest percentage in 2019. Moreover, it is anticipated to continue its dominance during the forecast period. However, cockpit access surveillance system segment is anticipated to propel at a higher growth rate as compared to other segments market during the forecast period.
Further, global commercial aircraft video surveillance market is also segmented by aircraft type which analyzes narrow body, wide body, regional jets and turboprop. Narrow body aircraft segment is likely to witness highest year-on-year growth during the forecast period.
Geographically, the report offers analysis of North America, Europe, Asia Pacific, Latin America and Middle East & Africa. In commercial aircraft video surveillance market, North America acquired leading position in global commercial aircraft video surveillance market. Strict mandates regarding the installation of surveillance cameras in aircraft is expected to bolster the growth of North America commercial aircraft video surveillance market. Moreover, Asia Pacific commercial aircraft video surveillance market is expected to witness significant growth during the forecast period. Growing aircraft production and rising air traffic are some of the key factors which are believed to propel the growth of Asia Pacific commercial aircraft video surveillance market during the forecast period.
The report profiles various major market players such as;
- Securaplane Technologies Inc.
- UTC Aerospace System
- AD Aerospace
- Global Airworks, Inc.
- Latecoere Group
- navAero AB
- Orbit Technologies Ltd.
- Grain Craft, Inc.
- CABIN AVIONICS LIMITED
- Other Key & Niche Players
Competitive landscape analysis provides detailed strategic analysis of the company’s business and performance such as financial information, revenue breakup by segment and by geography, SWOT Analysis, key facts, company overview, business strategy, key product offerings, marketing and distribution strategies, new product development, recent news (acquisition, expansion, technology development, research & development and other market activities).
The study also provides company’s positioning and market share in commercial aircraft video surveillance market.
Timeline Considered for Analysis:
- 2019: Base Year
- 2020: Estimated Year
- 2020 to 2025: Forecasted Year
Research Scope and Deliverables
Overview & Executive Summary
Market Drivers, Trends, Challenges and Opportunities
Market Size and Forecast Projections
Macroeconomic Indicators of Various Countries Impacting the Growth of the Market
Extensive Coverage of Industry Players including Recent Product Launches and Market Activities
Porter’s Five Force Analysis
Market Segmentation Analysis:
Industry report analyzes the global commercial aircraft video surveillance market by the following segments:
- Product Type
- Aircraft Type
Customization: We also offers customization’s in the industry report as per the company’s specific needs.
Key Questions Answered in the Global Commercial Aircraft Video Surveillance Industry Report
- What is the overall market size in 2019? What will be the market growth during the forecast period i.e. 2020-2025?
- Which region would have high demand for product in the upcoming years?
- What are the factors driving the growth of the market?
- Which sub-market will make the most significant contribution to the market?
- What are the market opportunities for existing and entry-level players?
- What are various long-term and short-term strategies adopted by the market players?