Commercial Aircraft Video Surveillance Systems Market Forecasts to 2028 – Global Analysis By System Type (Cabin Surveillance System (CSC), Cockpit Door Surveillance System (CDSS), Environmental Camera System), End User (Original Equipment Manufacturer (OEM), Aircraft Manufacturers, Aircraft Maintenance Service Providers) and By Geography
According to Stratistics MRC, the Global Commercial Aircraft Video Surveillance Systems Market is accounted for $176.24 million in 2021 and is expected to reach $268.71 million by 2028 growing at a CAGR of 6.2% during the forecast period. Commercial aviation video surveillance system employs technologically advanced video systems to provide better monitoring services while maximizing airline earnings. Commercial aviation video surveillance systems include an extensive range of products, solutions, and approaches that are strongly linked to information and operational safety in the aerospace industry. The cockpit door surveillance system enables pilots and copilots to view images outside the cockpit, the environmental camera system allows pilots to monitor the environment surrounding the aircraft, and the cabin surveillance system allows pilots and crew members to monitor activities in cabin areas.
Market Dynamics:
Driver:
Necessity for enhanced security
Upsurge in the number of unpleasant incidences in an aircraft gives rise to the need for a safer and more efficient commercial aviation surveillance network. Key commercial airline players in the market focus on investing a significant amount to improve overall safety. Cases of abusive behaviour, sexual harassment, and acts of terrorism witnessed a significant rise in the past few years. Thus, video footage serves as a source of evidence during the legal proceedings of such criminal cases. According to the information released by the aviation safety network, the number of airline hijacking incidences declined considerably, owing to the acceptance of advanced security measures that comprise commercial aircraft video surveillance systems (CAVSS). This, in turn, increased the reliability of commercial aircraft networks on video surveillance systems and is anticipated to drive market growth.
Restraint:
Security issues & cyber threat
Incidences of aircraft infected with malware or security breaches-initiated delays in flight timings, loss of information, and raised concerns among regulatory & public authorities. Moreover, the increase in rate of cyber-attacks on low-cost airlines hampers the growth of the market. Instances such as hacking an aircraft system that comprises surveillance systems negatively affected the commercial aircraft video surveillance systems (CAVSS) industry growth. Such factors raised concerns over the level of security provided through video surveillance systems, thus restraining the growth of the market.
Opportunity:
Technological advancements
Consistent technological advancements in video surveillance systems are creating opportunities for the growth of the market. Besides, innovations such as full HD resolution, electronic image stabilization for distortion-free HD images, wide viewing angle, motion detection, and infrared & night vision are predictable to provide lucrative growth opportunities for the market in the future.
Threat:
High Cost
The biggest downside of a commercial aircraft video surveillance camera system is how expensive it is. For some systems, you must purchase the camera separately as well as something to store the video footage on, like CDs, tapes, or a computer dedicated to the camera. Additionally, need to have software updates from time to time, and repairs to these systems can be quite costly.
Cockpit Door Surveillance System (CDSS) segment is expected to be the largest during the forecast period
The rising preference for a system that provides real-time monitoring has forecasted Cockpit Door Surveillance System will remain the major revenue-generating segment for the market. Moreover, the increasing real-time monitoring systems and improved aircraft infrastructure. Also, it not only allows the flight crew to maintain the safety of the cockpit but it also provides a comprehensive safety and security tool for incidents of air rage, fire or mechanical issues, and loss prevention.
The Narrow Body Aircraft segment is expected to have the highest CAGR during the forecast period
The narrow body aircraft segment dominated the global market, owing to rise in demand for narrow body aircrafts from several organizations. Moreover, a narrow body aircraft help airlines to strive through the pandemic. A narrow body aircraft adds flexibility to airlines fleet management and lowers operating cost, which contributes to the survivability of airlines during the pandemic.
Region with highest share:
The Asia Pacific is projected to hold the highest market share, due to increasing inclination for the use of aircraft for transporting goods and people and increased demand for up-gradation in aircraft technology has resulted in an increase in demand for these systems in the second decade of this century by the civil and commercial aviation industry present in the Asia-Pacific. Additionally, Asia Pacific holds the second position in the aircraft security market, due to advancements in technology, and threats of illegal or terrorist activities are the main factors that fuel the growth of the market.
Region with highest CAGR:
Europe is projected to have the highest CAGR, owing to increased government investments in this systems and stringent compliance requirements in the country; the U.S. is expected to hold the largest share of the market. Factors such as a growing awareness of the importance of updating security surveillance systems to the latest models with multifunctional equipment to improve security and surveillance efficiency are expected to drive regional market growth over the forecast period. The presence of big civil aviation industry and rising threats to civil and cargo aircraft from extremist organizations has resulted increase in demand for market in this province.
Key players in the market:
Some of the key players profiled in the Commercial Aircraft Video Surveillance Systems Market include Ad Aerospace Plc, Aerial View Systems, Inc, Cabin Avionics Ltd., Global Airworks Inc., Global Epoint, Inc., Goodrich Corp. , Groupe Latecoere SA, Meggitt Plc., Navaero, Inc, Orbit Technologies Ltd., Strongpilot Software Solutions, The Ucus Dunyasi Ltd., United Technologies Corporation, AD Aerospace Ltd, Aerion.
Key developments:
In July 2020: Aerion and Latécoère joined forces to develop video surveillance system for the business jet, AS2 supersonic. The production of AS2 supersonic will commence in 2023 in Aerion Park, FL, the US and the video surveillance system will feature high-definition camera with integrated artificial intelligence.
In June 2019: AD Aerospace Ltd. signed a contract with Boeing, under which the company will provide 16 cameras, and aerospace server for the Boeing 747 Dreamlifter fleet, which is responsible for transit of B787 Dreamliner structural parts from and to manufacturing sites around the globe.
System Types Covered:
• Cabin Surveillance System (CSC)
• Cockpit Door Surveillance System (CDSS)
• Environmental Camera System
• Flight Safety Camera Systems
• Ground Maneuvering Camera Systems (GMCS)
Aircraft Types Covered:
• Business Jets
• Narrow Body Aircraft
• Regional Transport Aircraft
• Very Large Aircraft
• Wide Body Aircraft
End Users Covered:
• Original Equipment Manufacturer (OEM)
• Aircraft Manufacturers
• Aircraft Maintenance Service Providers
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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