Asia Pacific 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
Advancements in technologies, various government initiatives, and a rise in number of airlines and aircraft fleet are among the factors propelling the overall economy of the region, driving it from a developing to developed phase. APAC is estimated to register the fastest CAGR in the APAC aircraft video surveillance market during the forecast period. This can be attributed to factors such as increasing investments in the commercial aircraft sector, rising number of new aircraft, and integration of new systems in the existing aircraft.
APAC has a strong import of advanced commercial aircraft over the past few years owing to the rising number of domestic and international flights. Increased international and domestic travelers from countries, such as India, China, Japan, and Taiwan are creating demand for additional flights. The commercial aircraft fleet in the region is expanding and generating demand for advanced security solutions such as video surveillance systems. The new regulation to improve security level in aircraft generating demand video surveillance solutions, such as cargo and cabin surveillance systems, and cockpit door surveillance systems. For instance, in December 2020, AirAsia India expanded their aircraft fleet with three new A320 neo planes. The company is further increasing its fleet by purchasing two more A320 neo planes by 2021. Further, the increasing aftersales services for aircraft in the region is supplementing the market growth. For instance, Singapore has more than 120 aerospace companies providing maintenance, repair, and operations (MRO) services.
According to the GMF AeroAsia, 2017, the MRO sector in Indonesia is predicted to grow by 10% annually over the next decade. Besides, according to the Boeing aviation market forecast, APAC countries would require 16,930 more airplanes by 2037 to accommodate the increasing number of travelers. The region is expected to account for ~40% of future airline production to suffice the aircraft demand. The rising count of passengers would create the need for additional aircraft, thereby propelling the need for video surveillance systems in the aircraft.
Rising investments in aircraft manufacturing activities by private companies and governments are bolstering the market growth. For instance, in July 2018, MRJ, a unit of Mitsubishi Aircraft Company, announced a new plan to increase the aircraft production activities in Japan. The company initiated the plan to lead the nation in the aerospace industry and reduce the dependency on other companies, such as Boing and Airbus. Similarly, the Government of India initiated “Make in India” campaign, under which new policies and regulations are introduced to support domestic aircraft manufacturers. Within a year, around 500 start-ups have begun to manufacture and provide service to aerospace industry. Therefore, the increasing number of airlines, aircraft manufacturers, and passengers is the key factor driving the demand for aircraft video surveillance systems in APAC.
Asia Pacific is adversely affected by the COVID-19 pandemic. According to the IATA, airlines in the Asia Pacific has witnessed the largest revenue drop, which is around US$ 113 billion in 2020 compared to 2019. Such a drop in revenue pressurized the airline companies to delay the ongoing expansion or aircraft purchase, which hinders the market growth during the COVID-19 pandemic situation.
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Market Overview and Dynamics
The Aircraft Video Surveillance market in APAC is expected to grow from US$ 91.79 Mn in 2019 to US$ 133.55 Mn by 2027; it is estimated to grow at a CAGR of 6.1% from 2020 to 2027. The boon in demand for enhanced security in aircraft in developed countries has led to increase in the adoption aircraft video surveillance. Countries with high GDP are vigorously carrying out large-scale industrialization and infrastructure developments. Moreover, rising volumes of aircraft order and delivery are further expected to bolster the market growth.
Key Market Segments
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, and environmental cameras system. In 2019, the cockpit door surveillance systems held the largest share APAC aircraft video surveillance market. Based on fit type the aircraft video surveillance market is divided into retrofit andLine-fit. Similarly, based on aircraft type, the market is bifurcated into wide body aircraft andnarrow-body aircraft. The narrow-body aircraft segment contributed a substantial share in 2019.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the APAC aircraft video surveillance market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Some of the key companies listed in the report are AD Aerospace Ltd., Cabin Avionics Ltd., Kappa-Optronics GmbH, Global Eagle Entertainment Inc. Meggit Plc, Collins Aerospace, Parker Hannifin Corp., BAE Systems Plc, and KID-Sys among others.
Reasons to buy report
- To understand the APAC Aircraft Video Surveillance Market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC Aircraft Video Surveillance Market
- Efficiently plan M&A and partnership deals in APAC Aircraft Video Surveillance Market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC Aircraft Video Surveillance Market
- Obtain market revenue forecast for market by various segments from 2020-2027 in APAC region.
APAC Aircraft Video Surveillance Market SEGMENTATION
APAC Aircraft Video Surveillance Market – By System Type
- Cockpit door surveillance
- Cabin surveillance systems
- Environmental cameras systems
APAC Aircraft Video Surveillance Market – By Fit Type
- Retrofit
- Line fit
APAC Aircraft Video Surveillance Market – By Aircraft Type
- Widebody aircraft
- Narrow body aircraft
APAC Aircraft Video Surveillance Market – By Country
- Australia
- China
- India
- Japan
- South Korea
- Rest of APAC
Company Profile
- AD Aerospace Ltd.
- Cabin Avionics Ltd
- Kappa-Optronics GmbH
- Global Eagle Entertainment Inc.
- Meggit Plc
- Collins Aerospace
- Parker Hannifin Corp.
- BAE Systems Plc
- KID-Systeme GmbH
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Aircraft Video Surveillance Market Landscape
4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Premium Insights
5. APAC Aircraft Video Surveillance Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Boom in Demand for Enhanced Security in Aircraft
5.1.2 Rising Volumes of Aircraft Order and Delivery
5.2 Market Restraints
5.2.1 Security Concerns
5.3 Market Opportunities
5.3.1 Surge in Demand for Business Aircraft
5.4 Future Trends
5.4.1 Onset of Connected Cabins
5.5 Impact Analysis of Drivers and Restraints
6. Aircraft Video Surveillance – APAC Market Analysis
6.1 Overview
6.2 APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
7. APAC Aircraft Video Surveillance Market Analysis – By System Type
7.1 Overview
7.2 APAC Aircraft Video Surveillance Market, By System Type (2019 and 2027)
7.3 Cockpit Door Surveillance Systems
7.3.1 Overview
7.3.2 Cockpit Door Surveillance Systems: APAC Aircraft Video Surveillance Market –Revenue and Forecast to 2027 (US$ Million)
7.4 Cabin Surveillance Systems
7.4.1 Overview
7.4.2 Cabin Surveillance Systems: APAC Aircraft Video Surveillance Market –Revenue and Forecast to 2027 (US$ Million)
7.5 Environmental Camera Systems
7.5.1 Overview
7.5.2 Environmental Camera Systems: APAC Aircraft Video Surveillance Market –Revenue and Forecast to 2027 (US$ Million)
8. APAC Aircraft Video Surveillance Market Analysis – By Fit Type
8.1 Overview
8.2 APAC Aircraft Video Surveillance Market, By Fit Type (2019 and 2027)
8.3 Retrofit
8.3.1 Overview
8.3.2 Retrofit: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
8.4 Line Fit
8.4.1 Overview
8.4.2 Line Fit: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
9. APAC Aircraft Video Surveillance Market Analysis – By Aircraft Type
9.1 Overview
9.2 APAC Aircraft Video Surveillance Market, By Aircraft Type (2019 and 2027)
9.3 Wide Body Aircraft
9.3.1 Overview
9.3.2 Wide Body Aircraft: APAC Aircraft Video Surveillance Market –Revenue and Forecast to 2027 (US$ Million)
9.4 Narrow Body Aircraft
9.4.1 Overview
9.4.2 Narrow Body Aircraft: APAC Aircraft Video Surveillance Market –Revenue and Forecast to 2027 (US$ Million)
10. Aircraft Video Surveillance Market – Country Analysis
10.1 Overview
10.1.1 APAC: Aircraft Video Surveillance Market, By Country
10.1.1.1 Australia: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.1.1 Australia: Aircraft Video Surveillance Market, By System Type
10.1.1.1.2 Australia: Aircraft Video Surveillance Market, By Fit Type
10.1.1.1.3 Australia: Aircraft Video Surveillance Market, By Aircraft Type
10.1.1.2 China: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.2.1 China: Aircraft Video Surveillance Market, By System Type
10.1.1.2.2 China: Aircraft Video Surveillance Market, By Fit Type
10.1.1.2.3 China: Aircraft Video Surveillance Market, By Aircraft Type
10.1.1.3 India: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.3.1 India: Aircraft Video Surveillance Market, By System Type
10.1.1.3.2 India: Aircraft Video Surveillance Market, By Fit Type
10.1.1.3.3 India: Aircraft Video Surveillance Market, By Aircraft Type
10.1.1.4 Japan: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.4.1 Japan: Aircraft Video Surveillance Market, By System Type
10.1.1.4.2 Japan: Aircraft Video Surveillance Market, By Fit Type
10.1.1.4.3 Japan: Aircraft Video Surveillance Market, By Aircraft Type
10.1.1.5 South Korea: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.5.1 South Korea: Aircraft Video Surveillance Market, By System Type
10.1.1.5.2 South Korea: Aircraft Video Surveillance Market, By Fit Type
10.1.1.5.3 South Korea: Aircraft Video Surveillance Market, By Aircraft Type
10.1.1.6 Rest of APAC: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
10.1.1.6.1 Rest of APAC: Aircraft Video Surveillance Market, By System Type
10.1.1.6.2 Rest of APAC: Aircraft Video Surveillance Market, By Fit Type
10.1.1.6.3 Rest of APAC: Aircraft Video Surveillance Market, By Aircraft Type
11. APAC Aircraft Video Surveillance Market - COVID-19 Impact Analysis
11.1.1 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.1.2 Impact of COVID-19 Pandemic in Asia Pacific Countries
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 AD Aerospace Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cabin Avionics Ltd
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Kappa Optronics GmbH
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Global Eagle Entertainment Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Meggitt PLC
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Collins Aerospace, a Raytheon Technologies Corporation Company
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Parker Hannifin Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 BAE Systems plc
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 KID-Systeme GmbH
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Company Revenues, US$ Mn, 2018 and 2019
Table 2. Aircraft Orders and Deliveries, by Boeing and Airbus, 2018 and 2019
Table 3. Aircraft Video Surveillance Market – Revenue, and Forecast to 2027 (US$ Million)
Table 4. Australia Aircraft Video Surveillance Market, By System Type– Revenue and Forecast to 2027 (US$ Million)
Table 5. Australia Aircraft Video Surveillance Market, By Fit Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. Australia Aircraft Video Surveillance Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 7. China Aircraft Video Surveillance Market, By System Type– Revenue and Forecast to 2027 (US$ Million)
Table 8. China Aircraft Video Surveillance Market, By Fit Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. China Aircraft Video Surveillance Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. India Aircraft Video Surveillance Market, By System Type– Revenue and Forecast to 2027 (US$ Million)
Table 11. India Aircraft Video Surveillance Market, By Fit Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. India Aircraft Video Surveillance Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Japan Aircraft Video Surveillance Market, By System Type– Revenue and Forecast to 2027 (US$ Million)
Table 14. Japan Aircraft Video Surveillance Market, By Fit Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. Japan Aircraft Video Surveillance Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 16. South Korea Aircraft Video Surveillance Market, By System Type– Revenue and Forecast to 2027 (US$ Million)
Table 17. South Korea Aircraft Video Surveillance Market, By Fit Type – Revenue and Forecast to 2027 (US$ Million)
Table 18. South Korea Aircraft Video Surveillance Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Rest of APAC Aircraft Video Surveillance Market, By System Type– Revenue and Forecast to 2027 (US$ Million)
Table 20. Rest of APAC Aircraft Video Surveillance Market, By Fit Type – Revenue and Forecast to 2027 (US$ Million)
Table 21. Rest of APAC Aircraft Video Surveillance Market, By Aircraft Type – Revenue and Forecast to 2027 (US$ Million)
Table 22. List of Abbreviation
LIST OF FIGURES
Figure 1. APAC Aircraft Video Surveillance Market Segmentation
Figure 2. APAC Aircraft Video Surveillance Market Segmentation – By Country
Figure 3. APAC Aircraft Video Surveillance Market Overview
Figure 4. APAC Aircraft Video Surveillance Market, by Country
Figure 5. APAC Aircraft Video Surveillance Market, By System Type
Figure 6. APAC Aircraft Video Surveillance Market, By Aircraft Type
Figure 7. APAC Porter’s Five Forces Analysis
Figure 8. APAC Aircraft Video Surveillance Market – Ecosystem Analysis
Figure 9. Aircraft Video Surveillance Market: Impact Analysis of Drivers and Restraints
Figure 10. APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 11. APAC Aircraft Video Surveillance Market Revenue Share, by System Type (2019 and 2027)
Figure 12. Cockpit Door Surveillance Systems: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 13. Cabin Surveillance Systems: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 14. Environmental Camera Systems: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 15. APAC Aircraft Video Surveillance Market Revenue Share, by Fit Type (2019 and 2027)
Figure 16. Retrofit: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Line Fit: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. APAC Aircraft Video Surveillance Market Revenue Share, by Aircraft Type (2019 and 2027)
Figure 19. Wide Body Aircraft: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Narrow Body Aircraft: APAC Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. APAC: Aircraft Video Surveillance Market by Key Country – Revenue (2019) (USD Million)
Figure 22. APAC: Aircraft Video Surveillance Market Revenue Share, By Country (2019 and 2027)
Figure 23. Australia: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. China: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 25. India: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 26. Japan: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 27. South Korea: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
Figure 28. Rest of APAC: Aircraft Video Surveillance Market – Revenue and Forecast to 2027 (US$ Million)
- AD Aerospace Ltd.
- Cabin Avionics Ltd
- Kappa-Optronics GmbH
- Global Eagle Entertainment Inc.
- Meggit Plc
- Collins Aerospace
- Parker Hannifin Corp.
- BAE Systems Plc
- KID-Systeme GmbH
- To understand the APAC Aircraft Video Surveillance Market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC Aircraft Video Surveillance Market
- Efficiently plan M&A and partnership deals in APAC Aircraft Video Surveillance Market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC Aircraft Video Surveillance Market
- Obtain market revenue forecast for market by various segments from 2020-2027 in APAC region.