Technavio has released updated information on the aircraft security market, with the publication of its new market research report, global commercial aircraft video surveillance systems market. The global commercial aircraft video surveillance systems market is expected to grow at a CAGR of more than 4% between 2016 and 2020. The growing importance on passenger safety is major factor that propels the demand for video surveillance systems. The Americas account for around 37% of the global market. Growing air passenger traffic in this region has necessitated the development of video surveillance systems to capture passenger behavior and thereby enhancing their safety and security.
“The market is witnessing considerable shift towards smart video surveillance systems (SVSSs), which requires video surveillance equipment fitted at strategic locations. These facilitate the flight crew to monitor, identify, and respond to any problems in the cockpit access. Also, positioning the surveillance equipment at calculated locations will reduce unnecessary video surveillance and focus on the actual concerned areas. Of late, the aviation security market is also focusing on improving cabin surveillance in aircrafts. The vendors are implementing latest computer vision technologies in aircraft cabins which provide real-time flight information,” says Sriram Mohan, Lead Analyst, Aerospace & Defense, Technavio Research
Narrow-body aircrafts are the largest segment in the commercial aircraft video surveillance systems, acounting for around 90% of the overall market share. The number of narrow-body aircraft in operation is expected to increase during the forecast period as major aircraft manufacturers such as Boeing and Airbus have received bulk order for new aircrafts. The increasing demand for aircrafts will lead to high demand for video surveillance systems.
A more detailed analysis is available in the Technavio report, Global Commercial Aircraft Video Surveillance Systems Market 2016-2020.
We can customize this reports by other regions and specific segments upon request.
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