$4550
$2730
The aircraft video surveillance market was valued at US$ 472.75 million in 2019 and is projected to reach US$ 630.52 million by 2027; it is expected to grow at a CAGR of 4.9% from 2020 to 2027.
The aviation industry is continuously developing new solutions to enhance in-flight security and safety levels for passengers and crew members. Rising demand for video surveillance solutions to provide a thorough overview of aircraft to the operator is propelling the aircraft video surveillance market growth. Further, surge in number of business aircraft is creating a new opportunity for the market players to develop efficient aircraft video surveillance systems. Growing demand for small and narrow-body aircraft fleet from developing as well as developed nations is propelling the market growth. Rising number of customers service complaints against airlines and regulatory requirements are mounting the demand for aircraft video surveillance systems. Airline companies are installing video surveillance systems to monitor the passenger cabin area for disruptive or suspicious activities. These surveillance systems can be used as an evidence for prosecution, such as the video footage will help to visualize the incident for better understanding.
Impact of COVID-19 Pandemic on Aircraft Video Surveillance Market
The recent outbreak of the COVID-19 has significantly affected the world and is continuing to shatter several countries. Until the outbreak of COVID–19, the aerospace industry was experiencing substantial growth in terms of production. Despite huge backlogs from the aircraft manufacturers, the global aviation industry witnessed a significant rise in the number of passenger counts and an increase in aircraft procurement. Unfortunately, the COVID-19 outbreaks have decimated the demand for aircraft globally, which reflected lower volumes of orders among the aircraft manufacturers, resulting in lower number of productions. The decline in production volumes adversely affected the businesses of various component manufacturers and associated technologies. Thus, the businesses of aircraft video surveillance market players have been severely affected by destabilization in aircraft production.
Lucrative Regional Markets for Aircraft Video Surveillance Providers
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Aircraft Video Surveillance Market Insights
Rising Demand for Business Aircraft Fuels Growth of Aircraft Video Surveillance Market
The business aviation sector is experiencing a significant rise in aircraft demand with an increasing number of corporate passengers. Business aviation is becoming a new tool for corporate development and growth strategy for enterprises. According to Dassault Aviation, more than 17,000 business jets are offering services for customers across the world. The US holds two-thirds of the fleet, and countries—such as Russia, China, and India—are experiencing a double-digit growth rate from the past few years. The benefits of business aircraft—such as confidentiality of travel, security, multiple stopovers, flexibility in terms of arrival and departure time, and time-saving by reducing multiple security checks—are among major factors driving the business aviation sector. With the rising production of business jets, the demand for video surveillance solutions is also increasing. Video surveillance systems are being deployed in business aircraft to enhance situational awareness and record incidents for analysis. Further, the solution is offering security benefits to flight crew and passengers by mounting cameras into the cockpit door, aircraft exteriors, and cabins. Collins Aerospace offers cabin video systems and Meggitt PLC offers aircraft cameras. Such video surveillance solutions are enhancing the security level in aircraft. The business aviation sector experienced a lesser impact of the COVID-19 pandemic as around 80% of operators surveyed by Honeywell International Inc. have no change in purchase plans. The company further predicted that up to 7,300 new business jet deliveries are expected during the 2021 to 2030 period and they would be worth US$ 235 billion. This, in turn, is creating a new growth opportunity for the aircraft video surveillance market. Even during the COVID-19 pandemic, the demand for business jets remains unchanged in North America. Hence, the business aviation sector is creating a new opportunity for the aircraft video surveillance market.
System Type-Based Market Insights
Based on system type, the aircraft video surveillance market is further segmented into cockpit door surveillance system, cabin surveillance system, and environmental camera system. In 2019, the cockpit door surveillance system segment accounted for a significant share in the global aircraft video surveillance market.
Aircraft Video Surveillance Market, by System Type – 2019 and 2027
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Fit Type-Based Market Insights
Based on fit type, the aircraft video surveillance market is further segmented into retrofit and line fit. In 2019, the line fit segment accounted for a significant share in the global aircraft video surveillance market.
Aircraft Type-Based Market Insights
Based on aircraft type, the aircraft video surveillance market is further segmented into wide body aircraft and narrow body aircraft. In 2019, the narrow body aircraft segment accounted for a significant share in the global aircraft video surveillance market.
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Aircraft Video Surveillance Market: Strategic Insights
Market Size Value in US$ 472.75 Million in 2019 Market Size Value by US$ 630.52 Million by 2027 Growth rate CAGR of 4.9% from 2020-2027 Forecast Period 2020-2027 Base Year 2020
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We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Aircraft Video Surveillance Market: Strategic Insights
Market Size Value in | US$ 472.75 Million in 2019 |
Market Size Value by | US$ 630.52 Million by 2027 |
Growth rate | CAGR of 4.9% from 2020-2027 |
Forecast Period | 2020-2027 |
Base Year | 2020 |
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Speak to AnalystThe players operating in the aircraft video surveillance market focus on strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:
In 2021, 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 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.
By System Type
- Cockpit Door Surveillance System
- Cabin Surveillance System
- Environmental Camera System
By Fit Type
- Retrofit
- Line Fit
By Aircraft Type
- Wide Body Aircraft
- Narrow Body Aircraft
By Geography
North America
- US
- Canada
- Mexico
Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Asia Pacific (APAC)
- China
- India
- South Korea
- Japan
- Australia
- Rest of APAC
Middle East & Africa (MEA)
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
South America (SAM)
- Brazil
- Argentina
- Rest of SAM
Company Names
- AD Aerospace Ltd.
- Aerial View Systems Inc.
- Cabin Avionics Ltd
- Kappa Optronics GmbH
- Global Eagle Entertainment Inc
- Meggitt PLC
- Collins Aerospace, a Raytheon Technologies Company
- Parker Hannifin Corporation
- BAE Systems plc
- KID-Systeme GmbH
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
System Type , Fit Type , and Aircraft Type
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The increasing use of increasing demand for enhanced security in aircraft and accentuating volumes of aircraft order and delivery are driving the growth of the global aircraft video surveillance market.
The business aviation sector is experiencing a significant rise in aircraft demand with an increasing number of corporate passengers. Business aviation is becoming a new tool for corporate development and growth strategy for enterprises. According to Dassault Aviation, more than 17,000 business jets are offering services for customers across the world. The US holds two-thirds of the fleet, and countries—such as Russia, China, and India—are experiencing a double-digit growth rate from the past few years. The benefits of business aircraft—such as confidentiality of travel, security, multiple stopovers, flexibility in terms of arrival and departure time, and time-saving by reducing multiple security checks—are among major factors driving the business aviation sector.
Based on system type, the aircraft video surveillance market is segmented into cockpit door surveillance system, cabin surveillance system, and environmental camera system. The global aircraft video surveillance market is led by cockpit door surveillance system segment with highest market share in 2019 and environmental camera system segment is expected to dominate during the forecast period.
The List of Companies - Aircraft Video Surveillance Market
- AD Aerospace Plc.
- Aerial View Systems, Inc.
- BAE Systems Plc.
- Cabin Avionics Ltd.
- Global Eagle Entertainment Inc.
- Kappa Optronics GmbH
- Meggit Plc.
- KID-Systeme GmbH
- Parker-Hannifin Corporation
- Collins Aerospace, a Raytheon Technologies Company
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Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
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The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
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