Commercial Aircraft Video Surveillance Systems Market Overview:
Commercial Aircraft Video Surveillance Systems incorporate a comprehensive range of products, solutions, and techniques interrelated closely to information and operational aerospace safety. CAVSS uses technologically advanced camera systems to deliver improved monitoring services while optimizing profits for the airline industry.
The adoption of commercial aircraft video surveillance systems market has increased significantly owing to the supportive regulatory compliance, need for enhanced security, technological advancements, reduced profit margins, security issues & cyber threat, growth in aerospace expenditure, rise in number of air passengers, and increase in tourism and economic development.
The growth of the commercial aviation industry is driven by supportive regulatory compliances. It is mandatory for cabin & cockpit surveillance system manufacturers to adhere to various standards and certifications issued by regulatory bodies such as Federal Aviation Administration, European Aviation Safety Agency, International Civil Aviation Organization, International Aerospace Quality Group, European Aerospace Quality Group, and others. Also, need for enhanced security is driving the commercial aircraft video surveillance systems market growth. However, factors such as security issues and cyber threat, and reduced profit margins are restraining the growth of the commercial aircraft video surveillance systems market.
The report includes the study of the commercial aircraft video surveillance systems market focusing on various growth prospects and restraints, based on the regional analysis. The study highlights Porters Five Forces analysis for the market that comprises the impact of suppliers, competitors, new entrants, substitutes, and buyers.
Key players operating in the commercial aircraft video surveillance systems industry include CABIN AVIONICS LIMITED, Meggitt PLC, AD Aerospace Plc., United Technologies Corporation, Global ePoint, Inc., Strongpilot Software Solutions, Aerial View Systems, Inc., navAero, Inc., Groupe Latecoere SA, and Orbit Technologies Ltd.
The commercial aircraft video surveillance systems market is segmented based on assembly type, system type, and region. On the basis of assembly type, the market is bifurcated into retrofit and line-fit. By system type, it is sub segmented into cockpit door surveillance system, cabin surveillance system, and environmental camera system.
Geographically, the market is studied across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific is expected to dominate the commercial aircraft video surveillance systems market during the forecast period, and emerging countries in Asia-Pacific and Latin America are projected to offer significant growth opportunities.
Commercial Aircraft Video Surveillance Systems Market Segmentation
The following graph signifies the growth potential of the commercial aircraft video surveillance systems market by geography. Asia-Pacific is the top investment pocket for the global commercial aircraft video surveillance systems market owing to increase in passenger traffic and rise in aerospace expenditure in countries such as China, Japan, and Australia
Key Investment Pockets
- Supportive Growth Through Regulatory Compliance
The growth of the commercial aviation industry is driven by supportive regulatory compliances. It is mandatory for cabin & cockpit surveillance system manufacturers to adhere to various standards and certifications issued by regulatory bodies such as Federal Aviation Administration, European Aviation Safety Agency, International Civil Aviation Organization, International Aerospace Quality Group, European Aerospace Quality Group, and others. For instance, AS 9100 quality standards, EN 9100 & JISQ 9100 quality standard, European Aviation Safety Agency (EASA) approval for manufacturing (UK.21G.2205) and maintenance: (UK.145.00613), FAR145 approval for maintenance, 16g certification, ED 112 certification, STC ST01518NY certificate, and RTCA/DO-160D requirements are some of the industry standards that enhance the authenticity associated with the security features of video surveillance systems.
- Need for Enhanced Security
Increase in number of offensive incidences in an aircraft gives rise to the need for safer and efficient commercial aviation surveillance network. Key commercial airline players in the market focus on investing significant amount to improve the overall safety. According to the data provided by FAA, in 2015, around 1,546 aviation personnel that includes 38 pilots, tested positive for one or more of five illegal drugs. In addition, cases of abusive behavior, sexual harassments, acts of terrorism have witnessed significant rise in the past few years. Furthermore, video footage serve as a source of evidence during the legal proceedings of such criminal cases. According to the information released by aviation safety network, number of airline hijacking incidences have declined considerably due to the adoption of advanced security measures that include CAVSS. This in turn increased the reliability of commercial aircraft network on video surveillance systems, and is anticipated to drive the market growth during the forecast period.
- The study provides an in-depth analysis of the commercial aircraft video surveillance systems industry, with current and future trends to elucidate the imminent investment pockets.
- Information regarding key drivers, restraints, and opportunities coupled with their impact analysis is provided.
- Porters Five Forces analysis illustrates the potency of buyers and suppliers participating in the market.
- The quantitative analysis of the market from 2016 to 2023 is provided to elaborate the market potential.
Commercial Aircraft Video Surveillance Systems Market Key Segments:
The commercial aircraft video surveillance systems market is segmented based on system type, assemble type, and geography.
By Assembly Type
By System Type
- Cockpit Door Surveillance System
- Cabin Surveillance System
- Environmental Camera System
- North America
- Rest of Europe
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East
- CABIN AVIONICS LIMITED
- Meggitt PLC
- AD Aerospace Plc
- United Technologies Corporation
- Global ePoint, Inc.
- Strongpilot Software Solutions
- Aerial View Systems, Inc.
- navAero, Inc.
- Groupe Latecoere SA
- Orbit Technologies Ltd.