Global Aircraft Synthetic Vision System market is expected to grow at a CAGR of around 8% by 2021

PUNE, India, Oct. 11, 2016 /PRNewswire-iReach/ -- The Global Aircraft Synthetic Vision System Market poised to grow at a CAGR around 8% over the period of 2016 – 2021. The growing demand for synthetic surveillance systems (SVS) in UAV and rotorcraft platform, improved safety standard, and growing retrofit market are the key drivers for the market growth.  

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As per the MRFR analysis, the potential threat for the market is the integrity of database which would hamper the functioning of synthetic vision systems. Also, regulatory issues and challenges associated with airworthiness certification in the emerging markets are the factors limiting the market growth in the long term.

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EMEA to dominate the Global Aircraft Synthetic Vision System Market in 2021

EMEA is currently the home for second largest SVS aircraft globally. With the procurement of next generation aircraft and growing SVS aircraft in the region, it is likely to dominate the market in the forecast period.

As per the MRFR analysis, the Americas Aircraft Synthetic Vision System market is poised to reach $XX Billion in 2021, to grow at a CAGR of around 3% during the forecasted period. Whereas, EMEA and Asia Pacific will grow at a CAGR of around XX% and XX%, respectively.

Access the market data and information presented through over 50 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on "Global Aircraft Synthetic Vision System Market Information- Forecast from 2016 to 2021"

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This report includes a study of strategies of major market players in the Global Aircraft Synthetic Vision System Market include Cobham, Garmin. Honeywell Aerospace, Rockwell Collins, Universal Avionics Systems, Aspen Avionics, Avidyne, ENSCO Avionics, ForeFlight, Hilton Software, L-3 Avionics Systems, and Sagetech

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This research report provides detailed insights, into various levels of analyses such industry analysis, market share analysis leading market players and their profiles. This report also helps in studying the target segments by providing views on emerging & high-growth segments and market conclusion. Together the market data comprise and discuss with the basic assessments on the competitive scenarios & strategies, of the Global Aircraft Synthetic Vision System Market, including the high-growth regions, countries and their political, economical and technological environments. Furthermore the project report also provides views over the historic market values as well as, pricing and cost analysis of the same.

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