Report : North America Aircraft Video Surveillance Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By System Type (Cockpit Door Surveillance System, Cabin Surveillance System, and Environmental Camera System); Fit Type (Retrofit and Line Fit); Aircraft Type (Wide Body Aircraft and Narrow Body Aircraft); and Country
Narrow Body Aircraft Segment to Dominate North America Aircraft Video Surveillance Market during 2019–2027
According to a new market research study on “North America Aircraft Video Surveillance Market Forecast to 2027 – COVID-19 Impact and Regional Analysis by – By System Type (Cockpit Door Surveillance System, Cabin Surveillance System, and Environmental Camera System); Fit Type (Retrofit and Line Fit); Aircraft Type (Wide Body Aircraft and Narrow Body Aircraft); and Country,” is expected to reach US$ 147.99 million by 2027 from US$ 114.66 million in 2019. The market is estimated to grow at a CAGR of 4.4% from 2020 to 2027. The report provides trends prevailing in the North America Aircraft Video Surveillance market along with the drivers and restraints pertaining to the market growth. Increasing Demand for Enhanced Security in Aircraft are the major factor driving the growth of the North America Aircraft Video Surveillance Market. However, Invasion of Privacy hinder the growth of North America Aircraft Video Surveillance market.
The market for Aircraft Video Surveillance market is segmented into system type, fit type, aircraft type and country. Based on system type, the market is segmented into Cockpit Door Surveillance Systems, Cabin surveillance systems, environmental cameras system. In 2019, the Cockpit Door Surveillance Systems held the largest share North America Aircraft Video Surveillance market. Based on fit type the Aircraft Video Surveillance market is divided into Retrofit, Line-fit. Similarly, based on aircraft type, the market is bifurcated into wide body aircraft, narrow-body aircraft. The narrow-body aircraft segment contributed a substantial share in 2019
AD Aerospace Ltd., Aerial View Systems Ltd., Kappa-Optronics GmbH, Global Eagle Entertainment Inc. Meggit Plc, Collins Aerospace, Parker Hannifin Corp., BAE Systems Plc, KID-System are among the leading companies in the North America Aircraft Video Surveillance market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2020, AD Aerospace Ltd. signed a contract with US Air Force, under which the company will provide its external video surveillance camera system for US Air Force KC-46 ‘Pegasus’ B767 programme.
The US is the worst-hit country in North America, with thousands of infected individuals facing severe health conditions across the country. The continuous growth of infected individuals has led the government to impose lockdown across the nation's borders during Q2 and Q3. Most of the manufacturing plants either were temporarily shut or operated with minimum staff; the aircraft OEMs and aircraft components and associated product manufacturers witnessed disruption in supply chain; these are some of the North American countries' critical issues. Since the US has a larger density of aircraft manufacturers and aircraft associated technology and system manufacturers, followed by Canada and Mexico. The outbreak of the virus has severely affected the production of each. The lower number of manufacturing staff has resulted in lesser production quantity. From the aircraft OEM’s perspective, Boeing, the aviation giant in the region, has witnessed a significant fall in orders and production, which is one of the key restraining factors for the growth of the aircraft video surveillance market. Apart from Boeing, several other aircraft OEMs such as Bombardier, Textron, and Gulfstream have also experienced tremors of COVID–19 on their orders and production lines. From the supply side, the region has higher numbers of aircraft video surveillance market players. The restricted workforce, disruption in the supply chain, and limited volumes of orders have sternly shaken the aircraft video surveillance market players in the region. Due to COVID–19 pandemic impact, in November 2020, Boeing delivered 7 commercial jets compared to 24 deliveries in the same month last year. Till November 2020, Boeing delivered 118 aircraft fleet, as compared to 345 shipments till November 2019. The North American, aircraft manufacturing has been shattered by the momentary shutdown of aircraft manufacturing industry, which has reflected severely less demand for various types of systems and technologies including video surveillance systems. Owing to this, the aircraft video surveillance market players have been witnessing noteworthy less demand; however, as the unlock measures started and airlines resumed their operations, and restarted procuring aircraft models, the procurement rate of aircraft video surveillance begun to uprise at a slow pace.
The report segments the North America Aircraft Video Surveillance market as follows:
North America Aircraft Video Surveillance Market – By System Type
- Cockpit door surveillance
- Cabin surveillance systems
- Environmental cameras systems
North America Aircraft Video Surveillance Market – By Fit Type
- Retrofit
- Line fit
North America Aircraft Video Surveillance Market – By Aircraft Range
- Widebody Aircraft
- Narrow body Aircraft
North America Aircraft Video Surveillance Market – By Country
- US
- Canada
- Mexico
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